Showing 1 - 10 of 258
-cyclicality of firm profitability and its negative association with financial constraints. Finally, we exploit the richness of this …
Persistent link: https://www.econbiz.de/10011605881
-cyclicality of firm profitability and its negative association with financial constraints. Finally, we exploit the richness of this …
Persistent link: https://www.econbiz.de/10013018000
We analyze the impact of efficiency on bank risk. We also consider whether bank capital has an effect on this relationship. We model the inter-temporal relationships among efficiency, capital and risk for a large sample of commercial banks operating in the European Union. We find that reductions...
Persistent link: https://www.econbiz.de/10013142777
This paper aims at investigating the relationship between firms' profit efficiency, access to finance and innovation … to estimate profit functions and to obtain efficiency scores for a large sample of European firms. We pioneer the use of … efficiency in order to increase profitability. Among firms that have embarked in product innovation, those in the industry and …
Persistent link: https://www.econbiz.de/10012422081
Since the term was first coined in studies on the 1990s Japanese crisis, the concept of zombification has been investigated and revived repeatedly when concerns arise about credit misallocation and stagnating productivity growth in an economy. The starting point for these studies nearly always...
Persistent link: https://www.econbiz.de/10014374330
Is digitalisation a massive gamechanger which will deliver huge gains in productivity, or is it more of a sideshow with only limited impacts? We use a large balance sheet panel dataset comprising more than 19 million European firm-level observations to empirically investigate the impact of...
Persistent link: https://www.econbiz.de/10014374495
We use firm-level survey data from 25 EU countries to analyse how firms adjust their labour costs (employment, wages … adjust their labour costs. The basic intuition is that firms choose the cheapest way to adjust labour costs. Our empirical …
Persistent link: https://www.econbiz.de/10012142113
This paper aims at investigating the relationship between firms' profit efficiency, access to finance and innovation … to estimate profit functions and to obtain efficiency scores for a large sample of European firms. We pioneer the use of … efficiency in order to increase profitability. Among firms that have embarked in product innovation, those in the industry and …
Persistent link: https://www.econbiz.de/10012831402
We use firm-level survey data from 25 EU countries to analyse how firms adjust their labour costs (employment, wages … adjust their labour costs. The basic intuition is that firms choose the cheapest way to adjust labour costs. Our empirical …
Persistent link: https://www.econbiz.de/10012871877
Is digitalisation a massive gamechanger which will deliver huge gains in productivity, or is it more of a sideshow with only limited impacts? We use a large balance sheet panel dataset comprising more than 19 million European firm-level observations to empirically investigate the impact of...
Persistent link: https://www.econbiz.de/10014254274