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employment, especially among young and small companies. Impacts on the productivity are, however, uncertain. Cooperation of … help firms to grow larger but do not improve their productivity. …
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Raportissa tarkastellaan sotilaallisen t&k-panostuksen ja kilpailukyvyn välisiä yhteyksiä. Aineistona käytetään brittiläisen International Institute for Strategic Studies -laitoksen (IISS) ”The Military Balance” -raportin tietoja länsimaiden sotilaallisen t&kpanostuksen...
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In this paper we study the relation between firm-level disclosure quality and the availability of external finance to firms. Using data on Finnish firms that are mostly private and small, we first estimate ‘excess growth’ made possible by external finance. We then show that the excess growth...
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