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mechanisms of corporate governance and the market for corporate control. Privatisation in France is found to be tactically …From the middle of 1993, the French government has followed an ambitious privatisation programme. Nine major state …-owned enterprises have been at least partially sold; other companies some of which are amongst the largest in France, will be sold in …
Persistent link: https://www.econbiz.de/10011159090
with few competitors had less turnover as well. 2) Managerial change and privatisation do not appear to play a role on … productivity in privatised firms only. 4) These findings suggest that privatisation, competition and managerial change are …
Persistent link: https://www.econbiz.de/10009755918
We examine the macroeconomic determinants of mergers and acquisitions (M&A) using panel data over 2006:Q1 - 2022:Q2 for 21 European Union (EU) countries. Across di§erent model specifications we find that bond yields and past real GDP growth are robust quantitatively and statistically...
Persistent link: https://www.econbiz.de/10014309898
We examine the macroeconomic determinants of mergers and acquisitions (M&A) using panel data over 2006:Q1 - 2022:Q2 for 21 European Union (EU) countries. Across di§erent model specifications we find that bond yields and past real GDP growth are robust quantitatively and statistically...
Persistent link: https://www.econbiz.de/10014305586
U.S. public and private debt is traced to the decision of the First Congress in 1790 to borrow the new nation's money supply. This established a debt imperative that requires debt to grow by compounding interest. When debt fails to grow enough, the economy goes into various degrees of recession....
Persistent link: https://www.econbiz.de/10013121370
In this essay, we explore cultural impacts on the private entrepreneurship in the post-Doi Moi Vietnam. Some important aspects of the traditional cultural values of the Vietnamese society are explored in conjunction with the socio-economic changes over the past two decades. Traditional cultural...
Persistent link: https://www.econbiz.de/10012906176
The paper introduces insights into a methodology for developing regulation applicable to networked industries. Following telecommunications, the energy industry is most apt to undergo significant structural and regulatory reforms as a function technological advancement. The application of this...
Persistent link: https://www.econbiz.de/10014192088
seems to have accentuated a fundamental trend in household purchases in France: "eat local". …
Persistent link: https://www.econbiz.de/10013258030
seems to have accentuated a fundamental trend in household purchases in France: "eat local". …
Persistent link: https://www.econbiz.de/10013259447
After a long period of catch-up growth that began after the Second World War, France has now reached a technological …'s most innovative economies? Why is it so difficult for France and its economic agents to transform the output of its world … growth?We believe that France has reached a turning point and that there is today a substantial risk that the “institutions …
Persistent link: https://www.econbiz.de/10012995219