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The vast majority of firms in Europe are micro firms. Still, we know little about their financing patterns. Our paper aims to close this gap. Based on a large European firm-level data set, we find that micro firms differ in their financing patterns from small and medium-sized companies. Our...
Persistent link: https://www.econbiz.de/10011859838
This paper examines the determinants of wage pressure in large companies, including ownership characteristics and the impact of regional labour markets. By using a panel of 329 Polish largest firms during the period 1997-2001, we find evidence of rent sharing activities, however there is also...
Persistent link: https://www.econbiz.de/10014077856
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practices, criteria, and governance structure; i.e. corporatization, commerciallization or "organizational privatization … improve as a consequence of such organizational privatization strategic reforms, though improvements may entail a given time …-delay. -- state owned enterprise ; organizational status reforms ; organizational privatization ; efficiency measurement …
Persistent link: https://www.econbiz.de/10009569739
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We develop and test the effectiveness of a theoretical governance model for general purpose payment systems (GPPS), systems that are used by individuals, businesses and merchants, and state, local and federal government entities to make and receive payments. We test for effective governance...
Persistent link: https://www.econbiz.de/10013049564
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performance (return on assets) using commissioning as main explanatory variable and other variables as control (variables …
Persistent link: https://www.econbiz.de/10012483142
We use the history of private limited liability companies (PLLCs) to challenge two pervasive assumptions in the literature: (1) Anglo-American legal institutions were better for economic development than continental Europe's civil-law institutions; and (2) the corporation was the superior form...
Persistent link: https://www.econbiz.de/10014221754
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