This collection of articles contributes to knowledge of the German insurance industry after its liberalization by analyzing changes in the structure and choice of distribution channels in private insurance markets in the first and second article. In a third article the development of market...

The first chapter is titled "Competition and Service Quality: New Evidence from the Airline Industry." This paper examines the relationship between competition and service quality in the airline industry. Using panel data and two different instrumental variable (IV) strategies, it directly...

The initial view of the advantages of ownership concentration in joint stock companies was determined by the concern about the opportunistic managerial behavior. The growing importance of knowledge and human capital in the operation of firms shifts the focus of concern: excessive ownership...

This dissertation consists of three essays examining the relation between corporate governance and firm performance. The theme of this study is that the widely documented long-term underperformance in equity carve-outs can be partly explained by weak corporate governance. The first essay...

Firms with different ownership structure behave differently. Currently there are three major ownership structures in China’s industrial sector: state enterprises, collective enterprises, and private enterprises. Market-oriented economic reform has given great autonomy to firm managers in terms...

The agency relationship between managers and shareholders has the potential to influence decision-making in the firm which in turn potentially impacts on firm characteristics such as value and leverage. Prior evidence has demonstrated an association between ownership structure and firm value....

The purpose of this research was to test the effect of ownership structure, company size, corporate governance practices in this research in which proxies into the size of the Board of Commissioners, the proportion of the Independent Commissioners and Audit Committee on Company Financial...

This paper offers an explanation for variations in the effectiveness of trade unions to obtain legislative and policy concessions in peak-level tripartite negotiations in post-communist East Central Europe. I examine the usefulness of some standard interpretations for such variations, namely...