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The primary purpose of the study is to identify significant features of the Japanese vertical relationship and to provide economic retionale. Japanese relationships, particularly automobile industry, are examined in comparison with those in the U.S.
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We study the investment incentives of a regulated, incumbent firm in a deregulation process. The regulator cannot commit to a long-term regulatory policy, and investment decisions are taken before optimal regulatory policies are imposed. We characterize the regulated incumbent's incentive to...
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of the study was to analyze the results of tangible investments in enterprises in Małopolska province in Poland, in two … enterprises, especially in relation to companies using EU funds. There is no comparative assessment of investments in enterprises … on the economic effects of investments implemented by enterprises in the SME sector in Poland in a situation where these …
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mobile foreign direct investments and under the arrangement of fiscal decentralization, local governments compete vigorously …
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Previous work on the property rights theory of the firm suggests that in the presence of outside options, asset ownership may demotivate managers. This paper shows that this conclusion relies on the assumption that a manager's outside option only depends on her own investment.
Persistent link: https://www.econbiz.de/10005583050
private investments, this study examined the relation between the variable “invasion period†(proxy for the property right …
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