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This paper explores the relationship between capital composition and productivity using a unique and remarkably detailed data set on firm-level, asset-specific investment in the U.S. Using cross-sectional and longitudinal regressions, I find that among all types of capital, only computers,...
Persistent link: https://www.econbiz.de/10005058771
Recent research has indicated that investment in certain capital types, such as computers, has fostered accelerated productivity growth and enabled a fundamental reorganization of the workplace. However, remarkably little is known about the composition of investment at the micro level. This...
Persistent link: https://www.econbiz.de/10005058793
Corporate Growth is a concept that has been widely treated in a specific way or as part of strategy theories, in definition and in econometric models and has also been studied in many different aspects and approaches. The author describes in depth the main variables affecting corporate growth...
Persistent link: https://www.econbiz.de/10008490086
business decisions, risk management, control that set the economic path of the company is mandatory for proving that the …
Persistent link: https://www.econbiz.de/10011268713
This paper investigates how family ownership, control, and management affect firms’ investment performance. We use the …
Persistent link: https://www.econbiz.de/10008563369
We study how the ownership and control structures may explain investment decisions of Mexican manufacturing firms. We … claim that agency costs, as a measure of the separation of management and control, and firms` size can explain investment … decisions. Furthermore the estimations support the necessity to include investment opportunities and cash flow as control …
Persistent link: https://www.econbiz.de/10008646768
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Investment decision-making is modeled by means of a Kohonen neural net, where neurons represent firms. This is done in order to model investments in novel fields of economic activity, that according to this model are carried out when firms recognize the emergence of a new technological pattern....
Persistent link: https://www.econbiz.de/10005076670
This paper examines industry concentration for the South African manufacturing sector over the 1972-1996 period, for the three digit industry classification. The paper notes both the high level of industry concentration in South African manufacturing, and a rising trend in concentration across a...
Persistent link: https://www.econbiz.de/10008594456