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analysis. We show that a creative corporate culture is an important driver of innovation, as measured by the number of patents … reach a higher firm value from their investment in innovation. The potential bias induced by omitted variables is then …
Persistent link: https://www.econbiz.de/10012908520
analysis. We show that a creative corporate culture is an important driver of innovation, as measured by the number of patents … reach a higher firm value from their investment in innovation. The potential bias induced by omitted variables is then …
Persistent link: https://www.econbiz.de/10012896553
Persistent link: https://www.econbiz.de/10012263309
restructuring, investors focus control on poorly performing companies. These results stand in contrast to the US, where there is …
Persistent link: https://www.econbiz.de/10005124256
This paper analyses the control of Belgian listed companies. The analysis reveals that control of listed companies in … extent industrial companies, are the main investor categories whose share stakes are concentrated into powerful control … blocks through business group structures and voting pacts, (iv) control is levered by pyramidal and complex ownership …
Persistent link: https://www.econbiz.de/10011092838
Persistent link: https://www.econbiz.de/10011093260
This study examines managerial disciplining in poorly performing firms using large panels for Belgian, French, German and UK firms. We consider the monitoring role of large blockholders, the market for share blocks, creditors, and non-executive directors. Board restructuring is correlated to...
Persistent link: https://www.econbiz.de/10011446114
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