-executive directors. Board restructuring is correlated to poor performance, but not for France. Neither existing blockholders nor … creditors play an active role in disciplining. Block purchases have a monitoring role in Belgium and Germany, but not in France …

, it delivers an expression for the employment rate and as side-products, a measure of the unemployment rate and the size … rationalizes differences in employment rates: in the U.S., we find a market productivity premium of +30% and market frictions of … -15% compared to France. Finally, the model is a very simple reduced form of search models with which it is fully …

. Empirical data is consistent with increasing levels of looting in France during the 1930s. We provide a comparison with Britain …

characteristics to examine changes in employment composition and performance of Finnish service importers during a period of a … find that firms that increase imports of service inputs reduce employment of low-skill service workers, increase employment … of (high-skilled) managers, and improve their performance in terms of sales (turnover), assets, service exports, and firm …

rates at a given future date triggers a reduction in exchange rate volatility during the interim period. Using a Markov …-switching GARCH model this paper estimates the volatility processes of four EMU exchange rate returns vis-?-vis the German mark using … evidence for two distinct views concerning the ultimate EMU membership: (1) Finland and France were considered irrefutable EMU …

Unterschiede zwischen Genossenschaften und Unternehmen anderer Rechtsform auf den beiden betrachteten Märkten. Dadurch können Vor …