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This paper examines the interplay between globalization, product market competition, and corporate investment. We find … that imports and foreign direct investment adversely affect domestic firms' market power, but the effect of imports is more … power is stronger. Internal funds and market power show a complementary effect on corporate investment. Also, the …
Persistent link: https://www.econbiz.de/10013109087
combine R&D investments with patent data of the world top R&D investors worldwide and show that investment per patent varies …. Accounting for (un)observed heterogeneity may lead to better policy design and management decisions. …
Persistent link: https://www.econbiz.de/10011995880
, social, and governance (ESG) investment plans. However, dichotomy is found in the literature about how rising ESG practices … affect firm value (FV). This study examines the linear and nonlinear effect of ESG practices on FV and how growth … policy implications. …
Persistent link: https://www.econbiz.de/10014495167
Persistent link: https://www.econbiz.de/10012500216
Persistent link: https://www.econbiz.de/10011621452
evidence on the Laplace distribution of growth rates in firm size. We also find tent-shaped distributions in the size growth …
Persistent link: https://www.econbiz.de/10010296299
Both M&A and innovation are instruments for growth and competitive advantage. Therefore they are fundamental to each …
Persistent link: https://www.econbiz.de/10010297951
In oligopolistic industries that are unionised and may be affected by offshoring, falling offshoring costs have a moderating effect on trade unions. They will accept lower sector wages in order to discourage mobile forms from leaving the country. Since such wages are independent of the workers'...
Persistent link: https://www.econbiz.de/10010299971
Das vorliegende Working Paper beinhaltet Vortragsmanuskripte zu drei Dissertationsprojekten, die in den Jahren 2002 und 2003 am Lehrstuhl erfolgreich abgeschlossen wurden. Es handelt sich dabei um die Arbeit von Dr. Klinke zum Finanzcontrolling in mittelständischen Bauunternehmen mit...
Persistent link: https://www.econbiz.de/10010305679
The telecommunications in the 1990s witnessed an enormous worldwide round of Mergers & Acquisitions (M&A). This paper examines the innovation determinants of M&A activity and the consequences of M&A transactions on the technological potential and the innovation performance. We examine the...
Persistent link: https://www.econbiz.de/10010264970