Showing 1 - 10 of 221
We adopt a multi-theoretic approach to investigate a previously unexplored phenomenon in extant literature, namely the differential impact of ownership identity and director dominate shareholding on the performance of emerging market firms. The main research question addressed is, whether the...
Persistent link: https://www.econbiz.de/10011122812
current aspects of the privatization process, and addresses the basic behavioral traits of collective firms. …
Persistent link: https://www.econbiz.de/10008633355
favour of privatization despite the evidence indicating that the true picture is much more differentiated. …
Persistent link: https://www.econbiz.de/10011258910
—the current regional recession. In short, privatization shares in the criticism directed at the entire liberalization process …. Within this context, accurate knowledge of privatization’s real consequences can be of considerable value. While research has … been conducted on certain economic effects, less is known about privatization’s broader social consequences. This chapter …
Persistent link: https://www.econbiz.de/10008636529
This paper sheds new light on the assessment of firm networks via multiple directorships in terms of corporate firm performance. Using a large sample of European listed firms in the period from 2003 to 2011 and system GMM we find a significant compensation effect on corporate firm performance...
Persistent link: https://www.econbiz.de/10013024843
The main purpose of the paper is to analyze different channels for innovations. We consider the influence of various incentives for innovation in Russian companies taking into account the organization of industries — vertical or horizontal orientation, peculiarities of corporate demography,...
Persistent link: https://www.econbiz.de/10014153492
Global climate change and security of supply concerns pose significant challenges for sustainable development as well as the need to improve energy efficiency in transition and developing economies. Meanwhile, economic theory suggests that market-based economic policies and reforms are crucial...
Persistent link: https://www.econbiz.de/10009294669
In this paper, we examine causal relationships among inflation rate, output growth rate, inflation uncertainty and output uncertainty for ten Central and Eastern European transition countries. For this purpose, we estimate a bivariate GARCH model that includes output growth and inflation rates...
Persistent link: https://www.econbiz.de/10008743006
The article reviews the elements of the Marshall Plan after World War II, and relates its positive features to economic challenges of the end of the 20th century.
Persistent link: https://www.econbiz.de/10005787194
Migration from the European economies in transition is discussed on the bases of the research carried out within the framework of the Global Development Network over the last four to five years. Trade-offs between functionings and capabilities are traced in cases of voluntary and involuntary...
Persistent link: https://www.econbiz.de/10008559022