competition, of which the most common are the concentration ratio and the Herfindahl-Hirschman index. It is important to emphasize … that when calculating the value of these indices, the National Bank of Serbia most often uses the absolute value of assets … competition. Although market changes are reflected in a reduced number of banks while a change in the dispersion of market shares …

Germany?s bank-based system of internal control, ownership concentration is harmful for productivity growth. … comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are … econometric analysis of firm performance in Germany. Based on a unique panel data set with detailed information on almost 400 …

We examine evidence for a systematic underperformance of Germany's state-owned banks in the current financial crisis … and study if the bank losses can be traced to the quality of bank governance. For this purpose, we examine the …" are then related directly to the magnitude of bank losses in the recent financial crisis. Our data confirms that …

(Smith 1962) and recent theoretical results (Dufwenberg et al. 2008) suggest that competition forces people to behave as if …

the international comparisons, the price formation of the food chain, degree of concentration, competition, and the …, competition works in Finland just as well in agriculture, the foodstuffs industry and the wholesale and retail trade as it does in … from the standpoint of competition and consumer choice; the position of small producers can best be improved by fostering …

competition for principals or agents. While we do observe substantial and significant ratchet effects in the baseline (no … competition) case of our model, we find that ratchet behavior is nearly eliminated by labor-market competition; interestingly this …

(Smith 1962) and recent theoretical results (Dufwenberg et al. 2008) suggest that competition forces people to behave as if …