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Private equity firms have recently become a target for both social and environmental activists,who see financial engineering and cost cutting in companies purchased by these firms asdetrimental to the companies and society as a whole. However, the private equity space holds atremendous amount of...
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This thesis presents two essays in Corporate Finance. In the first essay, I use the August 2007 crisis episode to gauge the effect of financial contracting on real firm behavior. I identify heterogeneity in financial contracting at the onset of the crisis by exploiting ex-ante variation in...
Persistent link: https://www.econbiz.de/10009477629
Firms with different ownership structure behave differently. Currently there are three major ownership structures in China’s industrial sector: state enterprises, collective enterprises, and private enterprises. Market-oriented economic reform has given great autonomy to firm managers in terms...
Persistent link: https://www.econbiz.de/10009451455
The agency relationship between managers and shareholders has the potential to influence decision-making in the firm which in turn potentially impacts on firm characteristics such as value and leverage. Prior evidence has demonstrated an association between ownership structure and firm value....
Persistent link: https://www.econbiz.de/10009451658
The human resources department of a financial institution implemented a multi-component intervention to replace a paper-based hiring system. Organization-wide impacts included changes in the background check operations. To support changes, training was conducted and procedure manuals...
Persistent link: https://www.econbiz.de/10009475019
The current ACIAR (Australian Centre for International Agricultural Research) guidelines forimpact assessment of agricultural development projects see impact assessment as being usefulfor both accountability to stakeholders and as a learning tool to find out what works, whatdoesn’t work and...
Persistent link: https://www.econbiz.de/10009446040
industrial organisation literature on innovation to explore the causes of this decline, and shows that it was predicted by the … operating efficiency of the sector. Despite this, a lasting decline in basic R&D and innovation input into basic research may … negatively affect development of radical technological innovation in the long run. There is a need for reorientation of energy …
Persistent link: https://www.econbiz.de/10009442005
This paper empirically investigates the determinants of firms’ performance in the agri-food sector by using recent survey data for Denmark. Treating sales per employee as a proxy for value addition we estimate several bootstrapped regression models to draw conclusions on the marginal effects...
Persistent link: https://www.econbiz.de/10009443250