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We analyze the rate of formation, the characteristics, and the performance of different types of new firms in Sweden over a decade. Comparisons to Denmark, Brazil, and the U.S. suggest that the environment for new firm formation in Sweden is not markedly different than elsewhere. In line with...
Persistent link: https://www.econbiz.de/10010320218
qualitative feedback from the managers involved, are analyzed. It is argued that EVA bonus schemes may have a major …
Persistent link: https://www.econbiz.de/10010261243
This paper compares the post-investment value-added activities performed by governmental venture capital (GVC) and independent venture capital (IVC) for their portfolio companies, and controls for the selection effect that the different investment profiles of these investors might have on the...
Persistent link: https://www.econbiz.de/10010326858
A strategically minded CFO will realize that strategic corporate risk management is about finding the right balance between risk prevention and proactive value generation. Efficient risk and performance management requires adequate assessment of risk and risk exposures on the one hand and...
Persistent link: https://www.econbiz.de/10010320401
, and Malaysian managers. While German students play Nash, we reject the hypothesis that both Malaysian students and … managers select the Nash quantity. Moreover, Malaysian managers perform significantly less competitively than Malaysian …
Persistent link: https://www.econbiz.de/10010298767
experiments, using both students and managers as subjects. Communication is implemented by two different devices, a 'standardized … triopoly. Moreover, managers behave in a similar way under the two communication devices, while students are more influenced by … the free-communication than by the standardized-communication device. In addition, managers select lower aggregate …
Persistent link: https://www.econbiz.de/10010302699
This paper estimates racial differences in the retention probability, pay and performance of NBA coaches over the 1996-2003 period. Using a hazard function approach, I find small and statistically insignificant racial differences in the exit hazard, conditional on team performance, team payroll,...
Persistent link: https://www.econbiz.de/10010261874
We examine the relationship between the employment and compensation of managers and CEOs and the presence of a … monitoring, which requires more managers. The model also assumes rent sharing between workers, managers and the owners of the … firm. Unions, by redistributing rents towards the workers, lead to lower employment and lower pay for managers. Using a …
Persistent link: https://www.econbiz.de/10010262364
Risk-neutral individuals take more risky decisions when they have limited liability. Risk-neutral managers may not when …
Persistent link: https://www.econbiz.de/10010275809
Persistent link: https://www.econbiz.de/10011695703