Showing 1 - 10 of 577
This paper considers the e effcts of a two-period interaction on the decision of a principal to delegate authority to a potentially biased but better informed agent. Compared to the (repeated) one-period case, the agent's first period actions may also signal his type which in turn impacts wages...
Persistent link: https://www.econbiz.de/10009615156
The discussion about employee representation on supervisory boards has received much attention from scholars and politicians around the world. We provide new insights to this ongoing debate by employing power indices from game theory to examine the "real" power of employees on boards and its...
Persistent link: https://www.econbiz.de/10009306574
manufacturing firms. We perform direct and indirect tests for the complementarity of formal and informal technology transfer. Our …
Persistent link: https://www.econbiz.de/10010298656
gains due to different combinations of these systems. It also tests for complementarity among the enterprise systems with …
Persistent link: https://www.econbiz.de/10010298850
A financial system can only perform its function of channelling funds from savers to investors if it offers sufficient assurance to the providers of the funds that they will reap the rewards which have been promised to them. To the extent that this assurance is not provided by contracts alone,...
Persistent link: https://www.econbiz.de/10010331088
complementarity with the regional knowledge base. The issue of trust in cooperating tends to have no effect on the propensity to …
Persistent link: https://www.econbiz.de/10010266692
The German corporate governance system has long been cited as the standard example of an insider-controlled and stakeholder-oriented system. We argue that despite important reforms and substantial changes of individual elements of the German corporate governance system the main characteristics...
Persistent link: https://www.econbiz.de/10010316087
systems waffle, as D. Schneider has called it). We have found the concept of complementarity to be very helpful in this … complementarity and coherence, and the specific indicators used to quantify them, the paper moves on to apply these concepts by … that the concept of complementarity has far-reaching implications for all efforts to shape, and possibly improve, the …
Persistent link: https://www.econbiz.de/10010316263
Persistent link: https://www.econbiz.de/10011336641
A financial system can only perform its function of channelling funds from savers to investors if it offers sufficient assurance to the providers of the funds that they will reap the rewards which have been promised to them. To the extent that this assurance is not provided by contracts alone,...
Persistent link: https://www.econbiz.de/10009764771