Around the world (with the U.S. and U.K. as exceptions) concentrated ownership structures and controlling shareholders are predominant even among listed firms. We provide novel empirical evidence how such controlling shareholders, in particular founding families, affect payout policy decisions....

The aim of this research is to investigate the impact of innovation activities and its determinants on firm performance. For the empirical analysis of the study we use Business Environment Enterprise Performance Surveys (BEEPS) firm-level data conducted by the World Bank and the European Bank...

The question if private donors care about aid effectiveness when they donate to an international charity has received little attention in the literature on private charitable giving as well as in development microeconomics. This discussion is important, because a considerable share of foreign...

Growing criticism of inefficient development aid demanded new planning instruments of donors, including international NGOs (INGOs). A reorientation from isolated project-planning towards holistic country concepts and the increasing rationality of a result-orientated planning process were seen as...

The role of intermediaries in innovation processes has been analyzed in the literature from a dual point of view of the firm's performances. Being considered actors involved in the knowledge diffusion and technology transfer, intermediaries are considered collaborators of small and large...

Given the actual debate, in many European countries, about the need for public administrations to raise their revenues through taxing the crime externalities generated by some private leisure activities, this article analyzes the effect of football matches on crime focusing both on property...

Intrinsic motivation of workers may arise from different individual motives. While some workers care about the mission of an organization and derive an intrinsic benefit from advancing this mission ("good" workers), others derive pleasure from some form of destructive or anti-social behavior...

In the contemporary world, NGOs are considered as important tool for motivating the community. So they committed their true mission and the promotion of civic participation and strengthen social identities. Functional characteristics of non-governmental organizations are the element to leverage...

We assess the determinants of the wide variation in the efficiency of foreign aid activities across US-based non-governmental organizations (NGOs). In particular, we analyze whether non-charitable expenditures for administration, management and fundraising depend on the intensity of competition...