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The effects of privatization on R&D investments and patent productivity
Munari, Federico; Sobrero, Maurizio - 2002
Over the last two decades privatization programs in different countries radically reduced the role of the State as a …'s principal-agent structure following privatization, and incentives to invest in R&D and to patent. We compare the pre and post … privatization R&D effort and patenting behavior of 35 companies that were fully or partially privatized in 9 European countries …
Persistent link: https://www.econbiz.de/10011335727
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"Informelle Politik" und "informelle Institutionen": Konzeptionelle Grundlagen, analytische Zugänge und Herausforderungen für das Studium autoritärer und anderer politischer Herrsc...
Köllner, Patrick - 2012
der Tat haben sich die Politikwissenschaft und die Regionalstudien seit längerer Zeit mit verschiedenen Aspekten …
Persistent link: https://www.econbiz.de/10010286802
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Umwandlung der Eisenbahn in eine Aktiengesellschaft?
Krause, Günther; Dürr, Heinz; Schäfer, Rudi; Aberle, Gerd - In: Wirtschaftsdienst 72 (1992) 2, pp. 63-71
Persistent link: https://www.econbiz.de/10011467042
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Bahnreform in Japan und Deutschland: Ein Vergleich
Link, Heike - In: Vierteljahrshefte zur Wirtschaftsforschung 63 (1994) 3, pp. 246-275
Persistent link: https://www.econbiz.de/10011475352
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Incentive compability of dual transfer pricing
Carstens, Stefan; Weinem, Michael - 2000
We examine the implementation of efficient decisions about accepting a special order with asymmetric information by means of a dual transfer pricing mechanism based on Ronen and McKinney (1970). The model is designed in a simple fashion, two vertically related divisions within a firm...
Persistent link: https://www.econbiz.de/10010302269
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Economic consequences of private equity investments on the German stock market
Achleitner, Ann-Kristin; Andres, Christian; Betzer, André - 2008
This paper investigates the wealth effects of private equity (PE) investor purchases of shares in German quoted companies. It is the first study to analyze these effects for the German market which is particularly interesting due to its distinct characteristics with regard to the ownership...
Persistent link: https://www.econbiz.de/10010305716
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Goal structures in family firms: empirical evidence on the relationship between firm and family goals
Achleitner, Ann-Kristin; Braun, Reiner; Schraml, Stephanie - 2009
Goal structures in family firms seems of particular interest to the field as the overall orientation and the objectives of family firms are determined in an area of potential conflict between the two subsystems of firm and family. We asked shareholders of German family firms to rate the...
Persistent link: https://www.econbiz.de/10010305727
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Foundations of Corporate Governance
Volonté, Christophe - 2012
This paper outlines the foundations of corporate governance. The discussion includes a review on the modern corporation, transaction costs theory, agency costs theory, legal investor protection, investor protection by corporate governance and its various mechanisms, as well as an overview of the...
Persistent link: https://www.econbiz.de/10011390672
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Performance Measurement, Expectancy and Agency Theory: An Experimental Study
Sloof, Randolph; van Praag, Mirjam - 2007
Theoretical analyses of (optimal) performance measures are typically performed within the realm of the linear agency model. This model implies that, for a given compensation scheme, the agent’s optimal effort is unrelated to the amount of noise in the performance measure. In contrast,...
Persistent link: https://www.econbiz.de/10010325571
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The Effect of Noise in a Performance Measure on Work Motivation
Sloof, Randolph; van Praag, C. Mirjam - 2008
This paper reports the results of an individual real effort laboratory experiment where subjects are paid for measured performance. Measured performance equals actual performance plus noise. We compare a stable environment where the noise is small with a volatile environment where the noise is...
Persistent link: https://www.econbiz.de/10010325762