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werden auch in mikroökonomischen Evaluierungsstudien zunehmend berücksichtigt. Empirische Studien zur Selbstfinanzierung …
Persistent link: https://www.econbiz.de/10011148820
(VF)L’article présente un modèle décrivant le partage de la valeur créée entre le dirigeant et l’actionnaire. Le modèle montre que le limogeage représente une menace très dissuasive pour le dirigeant qui suffit le plus souvent à réfréner son appétit pour les prélèvements...
Persistent link: https://www.econbiz.de/10005111171
Persistent link: https://www.econbiz.de/10005037372
(VF)L’objectif de cette étude est d’analyser la relation entre les politiques de distribution des entreprises familiales cotées et deux grands types de conflits d’agence dans les entreprises familiales, entre actionnaires et dirigeant (type I), et entre actionnaires majoritaires et...
Persistent link: https://www.econbiz.de/10010585947
In this context, higher education as well as research and development (R&D) have long since ceased to be purely the domain of the developed Western economies. Numerous regions of the world, some in the emerging markets in particular – the often-cited BRIC countries – are catching...
Persistent link: https://www.econbiz.de/10009653328
and other gifts made 'for the gospel's sake' (Mark 10:29-30). Overall, we find that the individualistic capitalistic pro-investment …
Persistent link: https://www.econbiz.de/10008755470
theory of investment. The authors present the new theory in a clear and systematic way, and consolidate, synthesize, and … understanding investment behavior of firms; develops the implications of this theory for industry dynamics and for government policy … concerning investment; and shows how the theory can be applied to specific industries and to a wide variety of business problems. …
Persistent link: https://www.econbiz.de/10011115766
The paper analyzes the dynamic interaction between dividend and investment by adopting numerical methods in a growth … achieve the mature size, impulse response functions and moment properties for dividend and investment associated with margin … shocks and interest rate shocks are computed numerically. The result suggests that investment amount is adjusted in wide …
Persistent link: https://www.econbiz.de/10010879104
The article studies the determinants of two important decisions for the Indian firms—dividend and investment. In … contrast to the Miller and Modigliani (1961) model, in which dividend decision is separable from its investment decision, the … article finds evidence to support the argument that Indian firms adjust their dividends to accommodate investment, as …
Persistent link: https://www.econbiz.de/10011275216