We study the effect of board governance in state-owned and private banks by undertaking a study of commercial banks in India that has both bank groups. Covering a ten-year period from 2003 to 2012 that witnessed a large number of governance reforms in India, the results of our empirical analysis...

Legal responsibility represents an important component of social responsibility, together with ethical responsibility, ecological responsibility, economical responsibility and philanthropic responsibility. The integration of social responsibility into the activity of business operators in the...

The conventional paradigm about development banks is that these institutions exist to target well-identified market failures. However, market failures are not directly observable and can only be ascertained with a suitable learning process. Hence, the question is how do the policymakers know...

This paper examines the progress of state-owned enterprise (SOE) reform in the People’s Republic of China. After defining SOEs and considering their scope of operation within the PRC economy, the focus of the paper is on the major reform waves that followed the deterioration of SOE...

By developing a linear model in a two-country framework of international price competition, we show how the degree of product differentiation and the cross-country distribution of private firms affect the strategic privatization choices made by governments concerned with their own country's...

Bisherige Studien haben den digitalen Zugang zu Finanzdienstleistungen untersucht und gut versorgte sowie unterversorgte Regionen in Deutschland identifiziert. Das Vorhandensein eines hinreichend guten digitalen Zugangs sagt aber nichts darüber aus, ob dieser auch genutzt wird, um damit...

This article explores the measurement of the production technology and efficiency of the performing arts sector. The stochastic frontier analysis has been used to estimate the technical efficiency scores for 20 Austrian and 30 Swiss non-profit theatres over 36 and 26 years, respectively. The...

Der Frauenanteil in den Vorständen der 100 größten Banken in Deutschland stagnierte 2018 bei knapp neun Prozent. In den 60 größten Versicherungen nahm er um gut einen Prozentpunkt auf fast zehn Prozent zu. Während sich damit in den Vorständen die schon in den vergangenen Jahren schwache...

Die seit 2016 geltende Geschlechterquote für Aufsichtsräte zeigt weiter ihre Wirkung: In den 200 umsatzstärksten Unternehmen in Deutschland ist der Frauenanteil in den Kontrollgremien im vergangenen Jahr um mehr als zwei Prozentpunkte auf knapp 27 Prozent gestiegen, in den 100 größten...

The proportion of women on executive boards of the 100 largest banks stagnated at almost nine percent in 2018. In the 60 largest insurance companies, the proportion increased by a good percentage point to almost ten percent. While growth on executive boards has been weakening in past years, it...