Showing 1 - 10 of 1,175
This paper provides evidence on how executive compensation relates to firm performance in listed firms in China. Using comprehensive financial and accounting data on China's listed firms from 1998 to 2002, augmented by unique data on executive compensation and ownership structure, we find for...
Persistent link: https://www.econbiz.de/10003225948
This paper examines both the determinants and the effects of changes in the rigidity of labor market legislation across countries over time. Recent research identifies the origin of the legal system as being a major determinant of the cross-country variation in the rigidity of employment...
Persistent link: https://www.econbiz.de/10009629025
Empirical investigation of the labor market consequences of employment protection has mushroomed since Lazear's (1990) pioneering study. Having sketched the theoretical background, we chart the course of the modern empirical literature. We focus mainly on dismissals protection, distinguishing...
Persistent link: https://www.econbiz.de/10011403997
Although the theoretical literature often uses lobbying and corruption synonymously, the empirical literature associates lobbying with the preferred mean for exerting influence in developed countries and corruption with the preferred one in developing countries. This paper challenges these...
Persistent link: https://www.econbiz.de/10003755929
We use data from over 20,000 firms in 60 countries to identify constraints on the growth of firms. We interpret managers' answers to survey questions on the extent to which various aspects of their external environment inhibit the performance of their firm as measuring the shadow cost of...
Persistent link: https://www.econbiz.de/10003561626
Using firm-level data from nine developing countries we demonstrate that (a) certain institutions like restrictive labour market regulations that are considered to be bad for economic growth might be beneficial for production efficiency, whereas (b) good business environment which is considered...
Persistent link: https://www.econbiz.de/10009130624
Within-country differences in educational outcomes are compared for a large group of industrialised countries. We investigate where inequality is greatest, the association between inequality in learning and average levels of learning, the interpretation of measured levels of inequality, and...
Persistent link: https://www.econbiz.de/10003523160
leader and the South Korean as its follower. The objective is to review the industrialization process in these two economies … for industrialization of the Kurdistan region is proposed. Major steps to be taken during the industrialization process … the industrialization policy. Industrial policy here involves the regional government's use of its authority and resources …
Persistent link: https://www.econbiz.de/10003646709
This chapter reviews the literature on employment and labor law. The goal of the review is to understand why every jurisdiction in the world has extensive employment law, particularly employment protection law, while most economic analysis of the law suggests that less employment protection...
Persistent link: https://www.econbiz.de/10009312928
Many studies have been conducted to analyze the effect of stricter Employment Protection Legislation (EPL). However, almost all of them has focused on an ex-post impact; leaving aside a second but equally important channel: expectations. This paper aims to analyze the role of expectations on...
Persistent link: https://www.econbiz.de/10011427816