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Career concerns, inaction and market inefficiency : evidence from utility regulation
Borenstein, Severin; Busse, Meghan R.; Kellogg, Ryan - In: The journal of industrial economics 60 (2012) 2, pp. 220-247
Persistent link: https://www.econbiz.de/10009658850
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Career Concerns, Inaction, and Market Inefficiency: Evidence from Utility Regulation
Borenstein, Severin; Busse, Meghan R.; Kellogg, Ryan - 2010
This paper examines how career concerns can generate inefficiencies not only within firms but also in market outcomes. Career concerns may lead agents to avoid actions that, while value-increasing in expectation, could potentially be directly associated with a bad outcome. We apply this theory...
Persistent link: https://www.econbiz.de/10010230437
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Daseinsvorsorge
Knorr, Andreas - In: Das Wirtschaftsstudium : wisu ; Zeitschrift für … 33 (2004) 11, pp. 1413-1417
Persistent link: https://www.econbiz.de/10002413732
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Electricity restructuring : deregulation or reregulation?
Borenstein, Severin; Bushnell, James B. - In: Regulation : the Cato review of business and government 23 (2000) 2, pp. 46-52
Persistent link: https://www.econbiz.de/10001492675
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Bank deregulation and corporate risk
Jiang, Tianjiao; Levine, Ross; Chen, Lin; Wei, Lai - In: The journal of corporate finance : contracting, … 60 (2020), pp. 1-25
Persistent link: https://www.econbiz.de/10012163671
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Electricity Restructuring : Deregulation or Reregulation?
Borenstein, Severin; Bushnell, James - 2000
The article discusses the lessons that can be gleaned from experience to date with electricity restructuring. Long-term gains from restructuring are most likely to be the result of more efficient and prudent long-term investments. Although restructuring could have near-term benefits for society,...
Persistent link: https://www.econbiz.de/10014151446
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Successful entry strategies on the deregulated US domestic market : the case of Southwest Airlines
Knorr, Andreas; Arndt, Andreas - 2002
Persistent link: https://www.econbiz.de/10013431892
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Guardians of finance : making regulators work for us
Barth, James R.; Caprio, Gerard; Levine, Ross - 2012
-2009 financial crisis regulation -- Making the guardians of finance work for us …
Persistent link: https://www.econbiz.de/10009521159
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Guardians of finance : making regulators work for us
Barth, James R.; Caprio, Gerard; Levine, Ross - 2012
Regulation Matters -- Some Final Introductory Remarks -- Road Map -- Chapter 2. Regulating Finance Is Hard to Do -- Introduction … -- Shareholders versus Debt Holders: The Essence of Regulatory Complexity -- Three Approaches to Financial Regulation -- Adam Smith … and James Madison on Making the Guardians Work for Us -- Innovation and Financial Regulation -- International Financial …
Persistent link: https://www.econbiz.de/10012683476