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The feature of contemporary enterprises is an aspiration of achieving the competitive edge thanks to investments in the knowledge and innovation. Apart from investment in tangible capital, more and more enterprises undertake many initiatives directed at the development of the intellectual...
Persistent link: https://www.econbiz.de/10011273733
The feature of contemporary enterprises is an aspiration of achieving the competitive edge thanks to investments in the knowledge and innovation. Apart from investment in tangible capital, more and more enterprises undertake many initiatives directed at the development of the intellectual...
Persistent link: https://www.econbiz.de/10011273817
Building on the established Post Keynesian theory of the firm, we identify different stakeholders inside and outside the firm, and we assess their potentially conflicting objectives. Depending on the bargaining power of these different stakeholders, we can distinguish different macroeconomic...
Persistent link: https://www.econbiz.de/10008919620
The business enterprise in the real world wrestles with fundamental uncertainty and instability. Key enterprise decisions such as pricing, financing, and investment are thus made strategically rather than optimally. Heterodox economists are, however, divided in the account of business...
Persistent link: https://www.econbiz.de/10011110282
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
Persistent link: https://www.econbiz.de/10011098589
Persistent link: https://www.econbiz.de/10011098601
Using data from a large enterprise-level panel designed to address this issue, we account for enterprise performance in Russia. We link performance to four aspects of the economic environment outlined in the literature: enterprise ownership; corporate governance; market structures and competition;...
Persistent link: https://www.econbiz.de/10005666814