Showing 1 - 10 of 7,320
In this work we investigate two crucial dimensions of firms' structure and dynamics, that is profitability and … external credit. We also offer an initial understanding about how profitability and productivity relate with a third dimension …
Persistent link: https://www.econbiz.de/10010328632
and gender) and its performance (productivity and profitability) for a large representative sample of enterprises from …' profitability, which is consistent with deferred compensation considerations. Moreover, our analysis reveals for the first time that … with a lower level of profitability in these firms. If anything, profitability is (slightly) higher in firms with a larger …
Persistent link: https://www.econbiz.de/10010282402
associated with better firm profitability in low-tech industries. Participating in a national cluster may be associated with …
Persistent link: https://www.econbiz.de/10010273044
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...
Persistent link: https://www.econbiz.de/10010291523
What type of businesses do unions target for organizing? A dynamic model of the union organizing process is constructed to answer this question. A union monitors establishments in an industry to learn about their productivity and decides which ones to organize and when. An establishment becomes...
Persistent link: https://www.econbiz.de/10010409406
Employee representatives in firms are a potentially key but not yet studied source of the impact of unions and works councils. Their actions can shape multiple drivers of firm performance, including collective bargaining, strikes, and training. This paper examines the impact of union rep...
Persistent link: https://www.econbiz.de/10012141811
Efficiency is considered a key factor when evaluating a bank's performance. Moreover, efficiency enhancement is an explicit policy objective in the Single Market Directive of the European Commission. But efficiency improvements may come at the expense of deteriorating bank profits and excessive...
Persistent link: https://www.econbiz.de/10010295921
This paper aims to reconcile the logic behind stochastic models of firm growth and the notion of organizational capabilities as drivers of economic performance. In the proposed behavioral model of bounded rational firms, two mechanisms drive growth: independent stochastic growth of individual...
Persistent link: https://www.econbiz.de/10010328368
This paper is an empirical test of the hypothesis that the appropriateness of different business strategies is conditional on the firm's distance to the industry frontier. We use data on four 2-digit high-tech manufacturing industries in the US over the period 1972-1999, and apply...
Persistent link: https://www.econbiz.de/10010328409
This paper examines the effects of innovation on the survival of manufacturing firms in the Netherlands. The demographics of firms according to their innovative performance and type of innovation are traced by using the Business Register population of all firms active in the Netherlands and the...
Persistent link: https://www.econbiz.de/10010328425