Showing 1 - 10 of 47
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...
Persistent link: https://www.econbiz.de/10009476880
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...
Persistent link: https://www.econbiz.de/10009451104
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...
Persistent link: https://www.econbiz.de/10009451455
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....
Persistent link: https://www.econbiz.de/10009451658
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...
Persistent link: https://www.econbiz.de/10009464216
Ever since the beginning of the nineties, interconnection pricing emerged as a high priority regulatory policy question. As more and more state-owned monopolies were privatized, their essential facility (or simply their network) had to be opened to competition. The most viable practice was...
Persistent link: https://www.econbiz.de/10009429009
Under the World Trade Organization's (WTO) current dispute settlement system (DSS) the utmost threat to a non-complying offender of a trade agreement is posed by the retaliation of the victorious complainant. Several scholars argue that the smaller and poorer a country is, the more difficult a...
Persistent link: https://www.econbiz.de/10009429002
Franchising plays a significant role in the rapid growth of its retail sales. Franchising is a system in which the … because of its advantages. Actually, the annual retail sales of business-format franchising were about $246 billion in 1992 … (Huber, 1993).In the lodging industry, franchising has contributed so significantly to the growth of major hotelchains since …
Persistent link: https://www.econbiz.de/10009467922
impact on the relationship if conflict is present. Overall, this study provides a framework for future research on the topic …
Persistent link: https://www.econbiz.de/10009463365
Die Einbeziehung der privaten Krankenversicherung (PKV) in den Risikostrukturausgleich (RSA) der gesetzlichen Krankenversicherung (GKV) wird häufig diskutiert. In der vorliegenden Studie wird anhand einer quantitativen Analyse unter Verwendung der Daten des Sozioökonomischen Panels (SOEP)...
Persistent link: https://www.econbiz.de/10009447492