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Behavioural differences among Chinese firms - from the perspective of earnings determination
Meng, Xin; Perkins, Frances - 1996
Firms with different ownership structure behave differently. Currently there are three major ownership structures in China’s industrial sector: state enterprises, collective enterprises, and private enterprises. Market-oriented economic reform has given great autonomy to firm managers in terms...
Persistent link: https://www.econbiz.de/10009451455
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Liberalisierung von Netzindustrien : eine ökonomische Analyse am Beispiel der Eisenbahn, der Telekommunikation und der leitungsgebundenen Energieversorgung
Schulze, Andreas - 2006
ordnungspolitische Konsequenz dieses Befundes lautete daher Liberalisierung von Netzindustrien durch Privatisierung und Marktöffnung, d …. h. ein Abbau von Marktzutrittsschranken durch Deregulierung. Wettbewerb stößt in Netzindustrien jedoch an Grenzen, weil …, weil die Deregulierung hier durch eine sektorspezifische Marktmachtkontrolle begleitet wird, wofür eigens eine …
Persistent link: https://www.econbiz.de/10009449062
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International Coercion, Emulation and Policy Diffusion: Market-Oriented Infrastructure Reforms, 1977-1999
Henisz, Witold J.; Zelner, Bennet A.; Guillen, Mauro F. - 2004
Why do some countries adopt market-oriented reforms such as deregulation, privatization and liberalization of … on neo-institutional theory in sociology, we argue that the domestic adoption of market-oriented reforms is strongly …
Persistent link: https://www.econbiz.de/10009477140
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Disziplinierung von Marktmacht durch Privatisierung von Schieneninfrastruktur - Privatisierungsmodelle und deren Bewertung
K?hnberg, Dany - 2009
?tze aus der Neuen Politischen ?konomie sowie der Theorie der Verf?gungsrechte wird auf Effizienzunterschiede auf Grund … Privatisierung von Schieneninfrastruktur zusammengefasst. …
Persistent link: https://www.econbiz.de/10009481011
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PRIVATIZATION AND NEW ENTRY IN POST-COMMUNIST TRANSITION: THE IMPACT ON RESTRUCTURING
Vlasenko, Polina - 2004
chapter presents the background on privatization and restructuring in transition and reviews the existing literature on the …
Persistent link: https://www.econbiz.de/10009450625
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Diffusion of corporate governance practices : the Dutch response to pressures for shareholder value
Bezemer, Pieter-Jan; Zajac, Edward; Van den Bosch, Frans; … - 2011
As part of a larger literature focused on identifying and relating the antecedents and consequences of diffusing organizational practices/ideas, recent research has debated the international adoption of a shareholder-value-orientation (SVO). The debate has financial economists characterizing the...
Persistent link: https://www.econbiz.de/10009438054
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On the relation between ownership structure and capital structure
Brailsford, T. J.; Oliver, B.R.; Pua, S.L.H. - 2002
The agency relationship between managers and shareholders has the potential to influence decision-making in the firm which in turn potentially impacts on firm characteristics such as value and leverage. Prior evidence has demonstrated an association between ownership structure and firm value....
Persistent link: https://www.econbiz.de/10009447886
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The role of the board in firm strategy: Integrating agency and organisational control perspectives
Hendry, Kevin; Kiel, Geoffrey C. - 2004
The role of the board of directors in firm strategy has long been the subject of debate. However, research efforts have suffered from several deficiencies: the lack of an overarching theoretical perspective, reliance on proxies for the strategy role rather than a direct measure of it and the...
Persistent link: https://www.econbiz.de/10009448197
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Essays in Corporate Governance: Issues and Evidence from Equity Carve-Outs
Kayanga, Andrew Mulindwa - 2009
ownership in the subsidiary exacerbate the entrenchment effect thus overwhelming the incentive alignment effects that theory …
Persistent link: https://www.econbiz.de/10009468617
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Ownership concentration & firm performance: Evidence from an emerging market
Grosfeld, Irena - 2006
The initial view of the advantages of ownership concentration in joint stock companies was determined by the concern about the opportunistic managerial behavior. The growing importance of knowledge and human capital in the operation of firms shifts the focus of concern: excessive ownership...
Persistent link: https://www.econbiz.de/10009476880