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Corporate governance, economic entrenchment, and growth
Morck, Randall; Wolfenzon, Daniel; Yeung, Bernard - In: Journal of economic literature 43 (2005) 3, pp. 655-720
Persistent link: https://www.econbiz.de/10003344838
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Corporate governance, economic entrenchment and growth
Morck, Randall; Wolfenzon, Daniel; Yeung, Bernard - 2004
Persistent link: https://www.econbiz.de/10002208259
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Inherited Wealth, Corporate Control and Economic Growth : The Canadian Disease?
Morck, Randall - 2013
Countries in which billionaire heirs' wealth is large relative to G.D.P. grow more slowly, show signs of more political rent-seeking, and spend less on innovation than do other countries at similar levels of development. In contrast, countries in which self-made entrepreneur billionaire wealth...
Persistent link: https://www.econbiz.de/10013080952
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Corporate Governance, Economic Entrenchment and Growth
Morck, Randall - 2013
devices, a family can control corporations without making a commensurate capital investment. In many countries, such families …
Persistent link: https://www.econbiz.de/10012754592
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Corporate Governance, Economic Entrenchment and Growth
Morck, Randall - 2004
devices, a family can control corporations without making a commensurate capital investment. In many countries, such families …
Persistent link: https://www.econbiz.de/10012467999
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Inherited Wealth, Corporate Control and Economic Growth : The Canadian Disease
Morck, Randall K. - 1998
Countries in which billionaire heirs' wealth is large relative to G.D.P. grow more slowly, show signs of more political rent-seeking, and spend less on innovation than do other countries at similar levels of development. In contrast, countries in which self-made entrepreneur billionaire wealth...
Persistent link: https://www.econbiz.de/10012471999
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Corporate Governance, Economic Entrenchment and Growth
Morck, Randall; Wolfenzon, Daniel; Yeung, Bernard Yin - 2013
Outside the United States and the United Kingdom, large corporations usually have controlling owners, who are usually very wealthy families. Pyramidal control structures, cross shareholding, and super-voting rights let such families control corporations without making a commensurate capital...
Persistent link: https://www.econbiz.de/10014038980
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Ownership changes of Japanese affiliates in China : lessons from the perspective of growth options exercising
Liu, Hongru; Zhu, Qiaoying - In: Cogent business & management 10 (2023) 2, pp. 1-19
results show that: both demand uncertainty and industry growth opportunity in China enhance Japanese enterprises' ownership … paper explores how Japanese enterprises adjust ownership structures in their affiliates as a portfolio in China. Empirical … affiliates strengthen the roles of uncertainty and industry growth opportunity play in enhancing Japanese enterprises' ownership …
Persistent link: https://www.econbiz.de/10014504824
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Resource allocation and economic growth in China
Lin, Shuanglin - In: Economic inquiry : journal of the Western Economic … 38 (2000) 3, pp. 515-526
Persistent link: https://www.econbiz.de/10001500595
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Growth opportunities or cash flow drives innovative investment : evidence with different ownership structure from China
Zhang, Xindong; Xue, Haiyan; Zhang, Yongmin; Ding, Shusheng - In: Emerging markets, finance & trade : a journal of the … 56 (2020) 11, pp. 2491-2508
Persistent link: https://www.econbiz.de/10012262838