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We use Sias (2014) approach to decompose the correlation among investment strategies followed by pension funds administrators in the Chilean private pension fund system during the periods 1997-2001 and 2002-2005, and find that most of this correlation is explained by herding behavior. That is,...
Persistent link: https://www.econbiz.de/10011106140
This study introduces an earnings management dimension to compute premanipulated accounting performance to determine whether family-controlled firms have higher performance relative to non-family-controlled firms. Using a premanipulated return on assets measure for Chilean firms dataset, we find...
Persistent link: https://www.econbiz.de/10011141130
Cressy (2000) argues that the positive correlation between assets and the rate of business startups is due to DARA preferences. We show however that the required property is prudence,and prudence is consistent with DARA, IARA or CARA.
Persistent link: https://www.econbiz.de/10011188891
Persistent link: https://www.econbiz.de/10011522406
We study the factors that may influence the attitude toward the risk of entrepreneurial activity and its impact on the propensity to become an entrepreneur. We proxy the attitude toward risk by using the answers to the fear of failing question contained in the Global Entrepreneurship Monitor...
Persistent link: https://www.econbiz.de/10011141131
What are the current critical gaps in the work-family (WF) field that may have potential for future research opportunities? This comprehensive review presents a synthesis and critique of the evolution of the existing WF literature from 1985 to the present, emphasizing papers since 2005 in order...
Persistent link: https://www.econbiz.de/10011124514
This study wants to question the increasingly “popular” notion that self-employment represents a solution to conflict between work and family by comparing the levels of satisfaction with work-family balance and subjective well-being among three samples: organizational employees,...
Persistent link: https://www.econbiz.de/10011124515
Agriculture could be one of the most vulnerable economic sectors to the impacts of climate change in the coming decades. Considering the critical role that water plays for agricultural production, any shock in water availability will have great implications for agricultural production, land...
Persistent link: https://www.econbiz.de/10011093909
Este trabajo examina el concepto de emprendimiento y su relación con el desarrollo económico a la luz de la literatura académica, el Global Entrepreneurship Monitor y otros índices internacionales. El análisis subraya las diferencias entre el emprendimiento por oportunidad, que conduce al...
Persistent link: https://www.econbiz.de/10011096890
El objetivo es analizar el gasto que se realiza en el área de la ciencia, tecnología y emprendimiento en nuestro país, tanto en recursos públicos como privados. Además sede analizar los factores que definen un medio ambiente apropiado para lograr un mayor nivel de eficiencia, el que a su...
Persistent link: https://www.econbiz.de/10011099454