This study analyses the impact of political connections on the operational performance of non-financial firms in a context of a post-transition European economy. Using a new and detailed data set covering the 2001-2011 period, we found that politically connected firms are much more numerous in...

This study provides new empirical evidence on the impact of board structure, as an internal governance mechanism, on privately defined contribution pension fund performance. Using a hand-collected dataset, we find evidence that the chairman, as a motivated insider, plays an important role in...

Using data from US labour market areas, we quantify empirical associations between entry by small firms and a vector of economic performance measures encompassing levels, volatilities and growth rates of several income and employment variables. Distinct and robust associations are found for net...