Narrow search
Showing 1 - 10 of 982
Cover Image
Income Taxation and Household Size : Would French Family Splitting Make German Families Better Off?
baclet, alexandre - 2006
in Germany, as it is often claimed in the public debate. We use two micro-data sets and a micro-simulation model to … compare effective average tax rates for different household types in France and Germany. Our analysis shows that the popular …. Actually, low income families with less than three children even fare better in terms of tax relief in Germany than in France …
Persistent link: https://www.econbiz.de/10012783380
Cover Image
On the Origins of Risk-Taking
Black, Sandra E. - 2015
and their adoptive children becomes very weak. We find similar results when we study the share of financial wealth that is …
Persistent link: https://www.econbiz.de/10013016308
Cover Image
Excess Leverage and Productivity Growth in Emerging Economies : Is There a Threshold Effect?
Coricelli, Fabrizio - 2010
The paper examines the relationship between leverage and growth in a group of emerging central and eastern European countries, who are at different levels of financial market development. We hypothesize a non-linear relationship in that moderate leverage could boost growth while very high...
Persistent link: https://www.econbiz.de/10013146463
Cover Image
Boards of Directors in Russian Publicly Traded Companies in 1998-2014 : Structure, Dynamics and Performance Effects
Muravyev, Alexander - 2016
This paper provides new evidence on the structure, dynamics and performance effects of corporate boards in publicly traded companies in Russia. It takes advantage of a new and unique longitudinal dataset of virtually all Russian companies whose shares were traded in the RTS/MICEX/MOEX over...
Persistent link: https://www.econbiz.de/10012977060
Cover Image
Impact of Financial Crises on Dynamics of Capital Structure : Evidence from Korean Listed Companies
Tsoy, Lyubov - 2017
This study examines the impact of 1997 Asian and 2008 Global financial crises on the capital structure of Korean listed companies. Using a data set covering 1,159 Korean listed non-financial firms from 10 industrial sectors over period 1985-2015, the pattern of firms' capital structure before...
Persistent link: https://www.econbiz.de/10012962289
Cover Image
CEO and Board Characteristics as Determinants of Private Benefits of Control : Evidence from the Russian Stock Exchange
Berezinec, Irina V. - 2012
This paper investigates whether and how various characteristics of CEOs and corporate boards are related to the severity of corporate governance problems within firms. The latter is proxied by private benefits of control, which we measure for dual class stock firms using the voting premium...
Persistent link: https://www.econbiz.de/10013112769
Cover Image
Not so Lucky Any More : CEO Compensation in Financially Distressed Firms
Kang, Qiang; Mitnik, Oscar A. - 2021
There is a debate on whether executive pay reflects rent extraction due to "managerial power" or is the result of arms-length bargaining in a principal-agent framework. In this paper we offer a test of the managerial power hypothesis by empirically examining the CEO compensation of U.S. public...
Persistent link: https://www.econbiz.de/10013324758
Cover Image
CEO Stress, Aging, and Death
Borgschulte, Mark; Guenzel, Marius; Liu, Canyao; … - 2023
We assess the long-term effects of managerial stress on aging and mortality. First, we show that exposure to industry distress shocks during the Great Recession produces visible signs of aging in CEOs. Applying neural-network based machine-learning techniques to pre- and post-distress pictures,...
Persistent link: https://www.econbiz.de/10014349244
Cover Image
Family Employees and Absenteeism
Block, Jörn - 2014
Work effort varies greatly across employees, as evidenced by substantial differences in absence rates. Moreover, absenteeism causes sizeable output losses. Using data from the European Community Household Panel (ECHP), this paper investigates absence behavior of family employees, i.e. workers...
Persistent link: https://www.econbiz.de/10013058731
Cover Image
Household Entrepreneurship and Social Networks : Panel Data Evidence from Vietnam
Nguyen, Huu - 2017
Using a unique panel of household businesses for Vietnam, this paper sheds light on the links between households' and entrepreneurs' social networks and business performance. We address two related questions. One first question asks if we can find evidence of a differentiated effect of...
Persistent link: https://www.econbiz.de/10012965010