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Self-leadership is theoretically assumed to be the key management approach in modern knowledge work because it strengthens the employees' commitment. This study examines the relationship between self-leadership and affective organizational commitment empirically. An underlying assumption in the...
Persistent link: https://www.econbiz.de/10011297767
We examine the impact of employment protection legislation (EPL) on individual firms' growth opportunities, as measured by Tobin's q. On the one hand, by increasing job security, EPL spurs innovation effort. Yet that boost only occurs in firms with little comparative advantage at original...
Persistent link: https://www.econbiz.de/10011515757
firm therefore does not capture the full surplus of its innovations. We show that common ownership of firms mitigates this …
Persistent link: https://www.econbiz.de/10014512046
patenting similar technologies are exposed to the crisis, then a focal firm's Development investment declines. We consider …
Persistent link: https://www.econbiz.de/10014337755
The focus of corporate governance on Environmental, Social and Governance (“ESG”) issues has grown exponentially in recent years. The phenomenon has a global nature, and the COVID-19 pandemic has accelerated the demand for corporate leaders to take ESG seriously. In the United States,...
Persistent link: https://www.econbiz.de/10014265397
This is a chapter for the forthcoming book in West Publishing Company's Inside the Minds Series focusing on Financial Services Enforcement and Compliance (published by Aspatore Books). This chapter provides an overview of nature and current state of the markets for the equity side and debt...
Persistent link: https://www.econbiz.de/10013063503
Persistent link: https://www.econbiz.de/10013261057
The present paper uses a comparison of Japan and the US to argue that the debate about corporate governance reform is best framed in terms of systems of complementary instruments and institutions. It argues that the Japanese and US systems of corporate governance differ along many dimensions,...
Persistent link: https://www.econbiz.de/10011475759
We examine the relation between the presence of U.S. government as a major customer and a supplier firm's loan contract … the existence of major government customers is related to the supplier firm's loan spread, security, or maturity. We …
Persistent link: https://www.econbiz.de/10011624449
China's admission into the WTO in 2001 heralded a new era of globalization, increasing both import competition in domestic markets and foreign opportunities for US firms. In the aggregate, the average annual profitability of US public firms during the post globalization period (2003-2019)...
Persistent link: https://www.econbiz.de/10014512056