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Optimal Incentive Contracts Under Moral Hazard When the Agent is Free to Leave
Englmaier, Florian - 2010
We characterize optimal incentive contracts in a moral hazard framework extended in two directions. First, after effort provision, the agent is free to leave and pursue some ex-post outside option. Second, the value of this outside option is increasing in effort, and hence endogenous. Optimal...
Persistent link: https://www.econbiz.de/10013141421
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Corruption in the Health Sector : Evidence from Unofficial Consultation Fees in Bangladesh
Abdallah, Wahid - 2015
We study the incidence and extent of bribes paid to the doctors in the public health facilities which are cleverly identified using a nationally representative survey. The survey asks households about the fees paid to public doctors, not about the bribe, which makes it less prone to reporting...
Persistent link: https://www.econbiz.de/10013016223
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What are We Learning from Business Training and Entrepreneurship Evaluations Around the Developing World?
McKenzie, David J. - 2015
Business training programs are a popular policy option to try to improve the performance of enterprises around the world. The last few years have seen rapid growth in the number of evaluations of these programs in developing countries. We undertake a critical review of these studies with the...
Persistent link: https://www.econbiz.de/10013036391
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Foreign Acquisitions, Domestic Multinationals, and R&D
Bandick, Roger - 2010
The aim of this paper is to evaluate the causal effect of foreign acquisition on R&D intensity in targeted domestic firms. We are able to distinguish domestic multinationals and non-multinationals, which allows us to investigate the fear that the change in ownership of domestic to foreign...
Persistent link: https://www.econbiz.de/10013136703
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Foreign Acquisition, Plant Survival, and Employment Growth
Bandick, Roger - 2009
non-MNEs, and purely domestic firms before foreign takeover. The results, controlling for possible endogeneity of the … horizontal or vertical. We also find robust positive employment growth effects only for exporters, and only if the takeover is …
Persistent link: https://www.econbiz.de/10013158617
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Mergers and Birth Outcomes : Evidence from Maternity Ward Closures
Avdic, Daniel - 2018
Evidence suggests that hospital mergers can reduce costs but less is known about their effects on patient outcomes. We study how a wave of mergers that led to the shutdown of one third of all Swedish maternity wards affected the health of mothers who gave birth and their newborns. Applying a...
Persistent link: https://www.econbiz.de/10012911187
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How Does Firm Survival Differ between Business Takeovers and New Venture Start-Ups?
Xi, Guoqian - 2017
Focusing on entrepreneurship entry modes, we investigate two research questions regarding firm survival: how does the survival probability differ between business takeovers and new venture start-ups? And how do the determinants of survival differ between the two entry modes? Using a large French...
Persistent link: https://www.econbiz.de/10012942096
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Mode of Entry into Hybrid Entrepreneurship : New Venture Start-Up Versus Business Takeover
Xi, Guoqian - 2017
entrepreneurship. Little is known about the entry modes (new venture start-up vs. business takeover) of hybrid entrepreneurs. Our study … female, having worker experience, and having received social benefits are linked to business takeover. With these results … takeover, which is of high interest, given the growing number of businesses seeking outside successors …
Persistent link: https://www.econbiz.de/10012943712
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Foreign Ownership, Employment and Wages in Brazil : Evidence from Acquisitions, Divestments and Job Movers
Martins, Pedro S. - 2008
How much do developing countries benefit from foreign investment? We contribute to this question by comparing the employment and wage practices of foreign and domestic firms in Brazil, using detailed matched firm-worker panel data. In order to control for unobserved worker differences, we...
Persistent link: https://www.econbiz.de/10012771629
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Is There a Preferential Treatment for Locals in the Labor Market? Evidence from Takeovers
Colussi, Tommaso - 2016
of local employees retained after the takeover is negatively associated with the probability of closure of the acquiring …
Persistent link: https://www.econbiz.de/10012977062