Showing 1 - 10 of 117
This paper investigates whether group affiliation and stakeholder's nationality affect both the propensity of engaging in outward FDI and its effects on home performance. Using a sample of French manufacturers, we combine propensity-score matching with a Difference-In-Difference estimator in...
Persistent link: https://www.econbiz.de/10010706706
We examine how ownership concentration and the separation of ownership and control affect market liquidity in France …. Double voting right shares, a French specific means of control enhancement rewarding long-term shareholders, lead to …
Persistent link: https://www.econbiz.de/10010706821
The French hospital industry is one example of a market where public, private nonprofit and private for-profit hospitals co-exist in significant proportions. Recently, several administrative reports have shown that in France public and private nonprofit hospitals are more costly than for-profit...
Persistent link: https://www.econbiz.de/10010707324
We examine how ownership concentration and the separation of ownership and control affect secondary-market liquidity in … shares, a French specific means of control enhancement rewarding long-term shareholders and restraining insiders from trading …
Persistent link: https://www.econbiz.de/10010708299
The possible existence of a link between the structure of firms' equity and profitability is a recurrent question among economists. The primary objective of this article is to provide a critical analysis of the two most recent hypotheses on the subject, one put forward by Demsetz, and the other...
Persistent link: https://www.econbiz.de/10010708491
The ownership of the development policies is the very basis of the new international consensus formulated in the Paris … the policies (this approach being used in the framework of the PEFA assessment of the public finance management). …
Persistent link: https://www.econbiz.de/10011072733
The ownership of the development policies is the very basis of the new international consensus formulated in the Paris … the policies, as it is already done in the field of the public finance management. …
Persistent link: https://www.econbiz.de/10011073075
Persistent link: https://www.econbiz.de/10011074418
Although most shareholders hold diversified portfolios, the corporate finance literature postulates that shareholders … firm-level risk and return than about the value of their shareholders'diversified portfolio. These two objectives may … large, diversified investor and a large number of small shareholders. Stock prices, asset allocation and product …
Persistent link: https://www.econbiz.de/10010707494
For the Academics there is a difference between the teaching of management control and the practice of controllers. Why … this distinction ? This paper shows that management control is a management performance process. The management control …
Persistent link: https://www.econbiz.de/10010708217