Showing 1 - 10 of 47
We investigate the trade-off between financial stability and competition policy by focusing on the merger of ABN AMRO and Fortis Bank NL in the Dutch retail banking market. The financial crisis delayed the completion of the merger giving rise to anti-competitive behavior in the transitory...
Persistent link: https://www.econbiz.de/10012268034
The current literature on firm ownership around the world shows that concentrated ownership with only one or a few controlling owners is common, especially in many European and Asian countries. The dispersed ownership has proven to be uncommon and even countries with supposed dispersed ownership...
Persistent link: https://www.econbiz.de/10011575246
Private equity companies have become a major force in the economic landscape. Financial- and operational-engineering are innovative characteristics of this emerging method of finance. The existing empirical data provide strong evidence that private equity activity contribute positively to the...
Persistent link: https://www.econbiz.de/10011563835
This paper investigates short-term effects of big tech start-up acquisitions on innovation empirically. Innovation research has found a strong positive, causal relationship between VC investment and innovation. Using this insight, we can explore the repercussions of big tech start-up...
Persistent link: https://www.econbiz.de/10012805979
's stakeholders, and even more important when the company operates in the continental system of corporate governance and the CEO is … structures of the enterprise. Based on such premises, in this article we analyze CEO succession in companies quoted on the Warsaw … Stock Exchange. The article presents the basic characteristics of 1904 CEO appointments which were made in 2000–2015 and is …
Persistent link: https://www.econbiz.de/10012230685
This paper examines the importance of localized knowledge for innovative exporters by observing their embeddedness in regional innovation systems and international knowledge flow by using trade data on openness. The study distinguishes between new competence creation as proxied by patent...
Persistent link: https://www.econbiz.de/10011532059
This paper deals with the question whether firms' employment performance in the periods preceding their exit can be regarded as casting a 'Shadow of Death' on their final leaving the market. This aspect is of high relevance for politicians and other decision-makers, because by knowing more about...
Persistent link: https://www.econbiz.de/10011486743
In the expansionary phase of the economy (1995-2007) and, particularly after the Euro introduction, credit to the business sector increased significantly in Europe. According to surveys of the EC-Flash Eurobarometer (2005), over 77% of SMEs claimed to have appropriate funding levels. A number of...
Persistent link: https://www.econbiz.de/10011490628
The objective of this paper is to analyze the influence of industry characteristics on the localization and urbanization agglomeration patterns of new firm location. To this end, we analyze the location decisions of new manufacturing firms in Spain. First, for a 3-digit level, we identify for...
Persistent link: https://www.econbiz.de/10011508669
The present paper analyses whether and how the affiliation of a firm to a business group affects its productivity. Based on novel data consisting of official firm data from the German Business Register including ownership information from Bureau van Dijk's MARKUS database and from the Cost...
Persistent link: https://www.econbiz.de/10011508687