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This paper investigates to what extent the usage of information and communication technology (ICT) fosters innovation activities by facilitating more flexible organisational structures in firms. We distinguish between functional flexibility (the ability of workers to co-operate and take...
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dataset on the transparency on merger control in the EU banking sector, we estimate the probability that a bank is taken over … integration of EU banking markets requires a higher degree of transparency of the regulatory process. …
Persistent link: https://www.econbiz.de/10003634823
Ownership structures widely differ across the EU. While large blockholdings dominate in the banking sector in … governance in the EU banking sector. This paper analyzes the efficiency of shareholder control and hostile takeovers as corporate … governance mechanisms in the EU banking sector against the background of the regulatory environment and differences in the …
Persistent link: https://www.econbiz.de/10003793860
This paper analyses the macroeconomic costs of environmental regulation in European energy markets on the basis of existing macroeconomic simulation studies. The analysis comprises the European emssion trading scheme, energy taxes, measures in the transport sector, and the promotion of renewable...
Persistent link: https://www.econbiz.de/10003447773
protect domestic banks from foreign investors. A survey of the EU Commission indicates that the misuse of supervisory powers … and political interference is not only a barrier to cross-border consolidation in Italy, but in other EU countries as well … transparency of merger control. The main source of information is a questionnaire that was sent to the supervisors in the 25 EU …
Persistent link: https://www.econbiz.de/10003918454
This paper compares electricity market reforms in the European Union with reforms in Chile and Brazil. The paradigm of competitive market structures for the electricity sector, as developed in the economics literature, is outlined: competitive markets in generation and retailing and an...
Persistent link: https://www.econbiz.de/10003608096