Showing 1 - 10 of 19
In this work we analyse to what degree the efficiency of a publicly owned non-monopolistic enterprise improves as a result of the introduction of strategic organizational reforms consisting of adopting "private-firm-like" management practices, criteria, and governance structure; i.e....
Persistent link: https://www.econbiz.de/10010009047
Financial arrangements determine how and the amount of financing that can be obtained from fund providers. An optimal allocation between equity and debt is determined by the trade-off between the net tax advantage of additional corporate leverage and the costs associated with the increased...
Persistent link: https://www.econbiz.de/10010079554
Decisions relating to working capital involve managing relationships between a firm's short-term assets and liabilities to ensure a firm is able to continue its operations, and have sufficient cash flows to satisfy both maturing short-term debts and upcoming operational expenses at minimal...
Persistent link: https://www.econbiz.de/10010009116
The aim of this paper is to empirically analyze the effect of financial constraint, information asymetry on the firm investment. On the basis of a data relating to 394 Tunisian firms observed over the period 2001-2008 and by adopting the panel data method, our findings show that the effect of...
Persistent link: https://www.econbiz.de/10010058676
characteristics of Romanian entrepreneurship and of the general impact of the recent crisis on the Romanian SME. I outline further the …
Persistent link: https://www.econbiz.de/10010148039
In western countries outsourcing has been an integral part of many enterprises for a long time. In Poland it is increasingly seen as a part of a long-term development strategy. Although Poland is only beginning to mark its presence in this area, it is quite often listed as one of the countries...
Persistent link: https://www.econbiz.de/10009959708
This study assesses the level of implementation of Enterprise Risk Management (ERM) in companies listed in the Nairobi Stock Exchange (NSE). The study also seeks to test the significance of factors affecting this level of ERM implementation and to investigate whether the level of ERM...
Persistent link: https://www.econbiz.de/10010148090
-activity rates across Spanish Autonomous Communities. A distinction is made between potential entrepreneurs, nascent entrepreneurship …, new business formation and Established business, as defined within the Global Entrepreneurship Monitor (GEM). The measure … depending on the stage of business creation considered (conception, birth or residence). -- entrepreneurship ; cultural values …
Persistent link: https://www.econbiz.de/10009958335
business. In order to empirically validate the hypotheses formulated, this research uses data from the Global Entrepreneurship … and policies to foster entrepreneurship in this group. -- risk perception ; migration process ; business creation … ; entrepreneurship ; GEM …
Persistent link: https://www.econbiz.de/10009958356
We examine whether and how investors' reliance on financial information is affected by the rate of sales growth of a start-up venture. We find that investors discern between firms by the extent to which their products are adopted by the market. For firms that failed to increase their sales since...
Persistent link: https://www.econbiz.de/10009958453