The specific constraints known by the public sector, especially in the last two decades, raise a series of questions, not only from the perspective of the State’s capacity to exercise its shareholder role, but also from the one of the public enterprises’ capacity to obtain performance. Their...

The actual economic stage in Romania imposed the adopting of some quick measures in the direction of creating the regulatory framework that should encourage the increasing of public enterprises’ performances. In this context, GEO (Government emergency Ordinance) nr 109/30.11.2011 states a set...

Nowadays Corporate Governance is one of the most interesting and controversial matters of research and study. Undoubtedly, the economic developments of the last decade have made the need for detailed analysis about the processes of Governance and its impact on corporate choices even more...

Until the Banking reform in 1936, banks and industrial companies in Italy were strongly intertwined (both in terms on ownership and interlocking directorates). Using Imita.db – a large a dataset containing data on over 300,000 directors of Italian joint stock companies – this paper analyses...

In this paper, we evaluate the impact of cartelisation and managerial incentives on the productive efficiency of German coal mining corporations. We focus on coal mining in the Ruhr district, Germany’s main mining area. We use stochastic frontier analysis and an unbalanced dynamic panel data...

Until the Banking reform in 1936, banks and industrial companies in Italy were strongly intertwined (both in terms on ownership and interlocking directorates). Using Imita.db – a large a dataset containing data on over 300,000 directors of Italian joint stock companies – this paper analyses...

This paper utilizes data on the presence of prominent individuals—that is, those with political (e.g., Members of Parliament) and aristocratic titles (e.g., lords)--on the boards of directors of English and Welsh banks from 1879-1909 to investigate whether the appointment of well-connected...