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The Impact of Lbos on Investment Policies and Operations of Acquired French Firms
Desbrières, Philippe; Schatt, Alain - Université de Bourgogne - CREGO EA7317 Centre de … - 2002
This paper evaluates the extent that French LBO targets' investment policy and operations can account for their overperformance discrepancy. Our empirical study has been carried out on 132 French LBOs between 1989 and 1994. The results show that the abnormal plunge in economic return cannot be...
Persistent link: https://www.econbiz.de/10005111229
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Do Employees Care About Their Relative Position? Behavioural Evidence Focusing on Performance.
Torgler, Benno; Schaffner, Markus; Schmidt, Sascha L.; … - School of Economics and Finance, Business School - 2008
raise or lower their performance? Behavioral evidence on these important questions is rare. This paper takes a novel … positional concerns and envy reduce individual performance. In contrast, there does not seem to be any tolerance for income …
Persistent link: https://www.econbiz.de/10005416574
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Looking Awkward When Winning and Foolish When Losing: Inequity Aversion and Performance in the Field
Torgler, Benno; Schaffner, Markus; Frey, Bruno S.; … - School of Economics and Finance, Business School - 2008
performance in a real competitive environment with real tasks and real incentives. …
Persistent link: https://www.econbiz.de/10005416594
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Inequality Aversion and Performance in and on the Field
Torgler, Benno; Schaffner, Markus; Frey, Bruno S.; … - National Centre for Econometric Research (NCER) - 2008
performance in a real competitive environment with real tasks and real incentives. …
Persistent link: https://www.econbiz.de/10005635664