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markets. We first review land tenure-/ownership regulations and find that they vary heavily across EU Member States. Four … types of tenure-/ownership measures are implemented in the EU: to protect the tenant, to protect the owner, to protect the …
Persistent link: https://www.econbiz.de/10011853367
's financial education, CEO's ownership and their optimism bias can explain distortions in corporate investment policy since they …
Persistent link: https://www.econbiz.de/10011859366
When and how do entrepreneurs sell their inventions? To address this issue, we develop an endogenous entry-sale asymmetric information oligopoly model. We show that lowquality inventions are sold directly or used for own entry. Inventors who sell post-entry use entry to credibly reveal...
Persistent link: https://www.econbiz.de/10011917062
on the nature of legal entities sui generis (in Czech called "péríspéevková organizace"), which perform ownership and …
Persistent link: https://www.econbiz.de/10011922805
concentration (which accounts for overlapping ownership) leads to declines in employment, real wages, and the labor share. Moreover …, if the goal is to foster employment then (i) controlling common ownership and reducing concentration are complements and … pecuniary externality, an increase in common ownership can stimulate the economy when the elasticity of labor supply is high …
Persistent link: https://www.econbiz.de/10011931939
This paper investigates credit allocation before and after the 2003 banking system reform in China. We find that relationships between earnings quality and new short-term loans, long-term loans and total loans in listed companies changed significantly after the banking system reform, especially...
Persistent link: https://www.econbiz.de/10011936940
Abstract The ownership and governance of for-profit (FP), nonprofit (NP), and local government (LG) organizations are …
Persistent link: https://www.econbiz.de/10014586879
The paper studies agents' general or specific investment decisions under different ownership structures in a thin … linkages. It focuses on the roles of both competition and ownership. An investor is more likely to make specific investments as …. Otherwise, inefficient, general investments and irrelevance of ownership are more likely to result. The problem in which the …
Persistent link: https://www.econbiz.de/10014589098
understanding of ownership and the existence and boundaries of firms may be teased out of such a perspective.La théorie du capital …
Persistent link: https://www.econbiz.de/10014612425
Abstract This article analyses a case study of passenger rail transport in Slovakia when operation of a commuter line to the capital city was changed from a public operator to a private one. This change brought about significant changes in the organisation of services. The private operator...
Persistent link: https://www.econbiz.de/10014618894