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This paper tests whether Rodrik`s (1999) results that institutions for conflict management are associated with the ability to react to economic shocks are robust to different ways of defining the quality of such institutions. We measure the quality of conflict management institutions with two...
Persistent link: https://www.econbiz.de/10013126463
This paper describes the share of investment in fixed capital and working capital …
Persistent link: https://www.econbiz.de/10012999325
Persistent link: https://www.econbiz.de/10012999331
propensity to save from this additional income may be exceptionally high. Increased savings and investment among the poor can, in … applied to human capital investment in Brazil and Korea from 1960 to 1990 …
Persistent link: https://www.econbiz.de/10013126500
The presidential politics literature depicts presidents either as all-powerful actors or figureheads and seeks to explain outcomes accordingly. The president and the executive branch are nonetheless usually treated as black boxes, particularly in developing countries, even though the presidency...
Persistent link: https://www.econbiz.de/10013112751
This paper studies the separation of ownership and control of 108 listed companies in Colombia from 1996 to 2002 …, finding that voting rights are greater than cash flow rights because of indirect ownership across firms. The paper also … examines the association of various ownership and control measures and separation ratios with a firm's value and performance …
Persistent link: https://www.econbiz.de/10013126247
This paper tests the efficiency of different structures of bank ownership in terms of its ability to target …
Persistent link: https://www.econbiz.de/10013126328
This paper builds a new dataset on bank ownership and bank performance covering approximately 50,000 observations for … ownership and bank performance, providing separated estimations for developing and industrial countries. It is found that, while … ownership is strongly correlated with performance in developing countries, that ownership is not correlated with performance in …
Persistent link: https://www.econbiz.de/10013126350
This paper studies the separation of ownership and control for an average of 140 listed non-financial corporations in … shows that voting rights are greater than cash flow rights because of the presence of indirect ownership across firms that …. Ownership statistics show high concentration among the four largest voting blocks, which is similar to the levels observed in …
Persistent link: https://www.econbiz.de/10013126639
corporate governance and the ownership structure of 65 non-financial listed companies in Argentina with information for 2003 … governed vis-à-vis international practices. In turn, ownership appears to be quite concentrated at the level of the largest …
Persistent link: https://www.econbiz.de/10013126643