Showing 1 - 10 of 540
We analyze government interventions to recapitalize a banking sector that restricts lending to firms because of debt overhang. We find that the efficient recapitalization program injects capital against preferred stock plus warrants and conditions implementation on sufficient bank participation....
Persistent link: https://www.econbiz.de/10013160157
How important are bureaucrats for the productivity of the state? And to what extent do the tradeoffs between different policies depend on the implementing bureaucrats' effectiveness? Using data on 16million public procurement purchases in Russia during 2011–2016, we show that over 40 percent...
Persistent link: https://www.econbiz.de/10012957383
This study documents a strong inverse relationship between accident rates and production in a sample of eleven firms in the same narrowly defined industry classification. Given the detailed set of input controls and controls for plant-specific and time-specific factors used in the analysis, the...
Persistent link: https://www.econbiz.de/10013236836
This paper analyzes the inefficiencies that might arise in the ownership structure chosen at the initial public …
Persistent link: https://www.econbiz.de/10013235285
We investigate the relation between management ownership and corporate performance, as measured by Tobin's Q. In a …
Persistent link: https://www.econbiz.de/10013247279
This paper offers an empirical test of ownership mix efficiency in the U.S. hospital services industry. The test …
Persistent link: https://www.econbiz.de/10013249259
sector ownership has no independent impact on productivity growth. The finding that ownership per se does not matter, but …
Persistent link: https://www.econbiz.de/10013210597
This paper offers an empirical test of ownership mix efficiency in the U.S. nursing home industry. We test to compare …
Persistent link: https://www.econbiz.de/10013321618
-run business groups, domestic financial institutions, and foreign financial institutions. Using data from India in the early 1990s …
Persistent link: https://www.econbiz.de/10012763811
Using firm-level data this paper analyzes the transformation of India's economic structure following the implementation … industries. Detailed balance sheet and ownership information permit an investigation of a range of variables. We analyze firm … remained stable over time and show low dispersion across sectors and across ownership groups within sectors …
Persistent link: https://www.econbiz.de/10013239381