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aspiration level (median performance of peer banks) influence banks’ aggregate risk levels. Our results are consistent with the … behavioral theory of the firm and prospect theory in that we find that bank performance below a bank’s social aspiration level is …
Persistent link: https://www.econbiz.de/10011770789
Theoretical and empirical work on innovation and firm survival has produced varied and often conflicting findings. In this paper, we draw on Schumpeterian models of competition and innovation and stochastic models of firm dynamics to demonstrate that the conflicting findings may be due to linear...
Persistent link: https://www.econbiz.de/10011279450
Young technology ventures are strongly affected by technological environmental conditions. In the light of opportunity theory, this study focuses on the interaction of a young firm’s technological base and the pace of technological development in its field. It distinguishes three technological...
Persistent link: https://www.econbiz.de/10010343064
This article aims to expand existing empirical knowledge on the impact of debt level on profitability of companies. We analyze a sample of an unbalanced panel of 2325 unlisted French companies of trade sector spanning over a period of 1999 to 2006. By using the generalized method of moments...
Persistent link: https://www.econbiz.de/10010312006
L’objectif de cet article est d’analyser l’impact de la structure du capital sur la profitabilité. Nous montrons, à partir d’un échantillon de 1846 entreprises industrielles françaises prises sur la période 1999-2006, à l’aide d’une étude sur panel dynamique en utilisant la...
Persistent link: https://www.econbiz.de/10010312009
Cet article a pour objectif d’élargir le champ de la connaissance empirique sur l’impact de l’endettement sur la profitabilité des entreprises. Nous analysons un échantillon de 568 entreprises françaises non cotées, de secteur d’Agro-alimentaires, observées sur la période entre...
Persistent link: https://www.econbiz.de/10010312038
, but also, in a non-linear (concave) way. However, by detailing the analysis according to different class of size, we find …
Persistent link: https://www.econbiz.de/10010312039
high-powered economic incentive-based systems. These systems offer powerful incentives to reduce expenses, particularly in …
Persistent link: https://www.econbiz.de/10012199586
The objective of this study is to analyse the financial realities for the farming sector in European Union countries and their relationships with agricultural investment and public structural subsidies, from a perspective of farming- and governmental relationships as part of the Triple Helix...
Persistent link: https://www.econbiz.de/10011782741
Despite the increasing implementation of community-based enterprise (CBE), two problems are prevailing: (1) lack of comprehensive understanding about the organization of CBE and (2) lack of generalizability of the individual findings. In response to these problems, this paper aligns its research...
Persistent link: https://www.econbiz.de/10010323569