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Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in … efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …
Persistent link: https://www.econbiz.de/10011348183
In this paper we analyze the evolution of firm financial efficiency in the Czech Republic. Using a large panel of more … than 400,000 Czech firm/years we study whether firms fully utilize their resources, how firm financial efficiency evolves … over time, and how firm financial efficiency is determined by ownership structure. We employ a panel version of a …
Persistent link: https://www.econbiz.de/10013121398
In this paper we analyze the evolution of firm financial efficiency in the Czech Republic. Using a large panel of more … than 400,000 Czech firm/years we study whether firms fully utilize their resources, how firm financial efficiency evolves … over time, and how firm financial efficiency is determined by ownership structure. We employ a panel version of a …
Persistent link: https://www.econbiz.de/10013122351
coalitions and shed light on many other subtleties of how ownership and the specific industry affect firm efficiency …In this paper we analyze the evolution of firm efficiency in the Czech Republic. Using a large panel of more than 190 …,000 Czech firm/years we study whether firms fully utilize their resources, how firm efficiency evolves over time, and how firm …
Persistent link: https://www.econbiz.de/10013096922
paper, I empirically investigate whether the degree of competition in services affects the efficiency of manufacturing firms … manufacturing industry: an increase in average markups is associated with a reduction in manufacturing productivity. The findings …In developed economies, services form an increasing proportion of inputs employed by manufacturing firms. While …
Persistent link: https://www.econbiz.de/10013105091
In this paper we analyze the evolution of firm efficiency in the Czech Republic. Using a large panel of more than 190 …,000 Czech firm/years we study whether firms fully utilize their resources, how firm efficiency evolves over time, and how firm … efficiency is determined by ownership structure. We employ a panel version of a stochastic production frontier model for the …
Persistent link: https://www.econbiz.de/10013107261
level. The paper aims at measuring and comparing technical efficiency of (total and market) services across 16 developed … modern societies. However, hardly any studies perform cross-country efficiency comparison of service sectors at aggregated … analysis, are provided for efficiency scores and for their evolution across time. …
Persistent link: https://www.econbiz.de/10010862567
Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in … efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …
Persistent link: https://www.econbiz.de/10011213309
Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in … efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …
Persistent link: https://www.econbiz.de/10011227871
This paper analyzes the technological efficiency of companies in the European Union (EU). Our extensive database covers …–2007. Methodologically we apply a model of a stochastic production productivity frontier. We show that: the economic signifikance of company … age is negligible, the higher the debt the greater the efficiency, bigger companies are less efficient, and a medium …
Persistent link: https://www.econbiz.de/10011228249