This paper estimates welfare losses in thirty-eight U.S. food and tobacco industries at the four-digit SIC level, then relates such losses to market structure and conduct variables to identify the welfare loss determinants. Empirical findings indicate that these losses are higher in markets...

The relevant literature suggests that ownership structure is one of the main corporate governance mechanisms influencing the scope of financial performance. The aim of this study is to investigate the relationship between ownership structure and financial performance of listed beverage food and...

Abstract The study is to analysis the effects of liquidity, profitability and risk of listed food, beverage and tobacco companies on Colombo Stock Exchange (CSE) in Sri Lanka. In this study purpose, six companies have been selected from CSE for six years period from 2006/2007 to 2011/2012. The...

This paper investigates whether three corporate governance variables - board size, institutional shareholding and power separation between board chairperson and chief executive officer have significant impact on the performance (as measured by Returns On Equity, ROE, Returns On Asset, ROA and...

The effect of enterprise risk management (ERM) practices on the firm performance of Food, Beverage, and Tobacco sector companies listed on the Colombo Stock Exchange (CSE), is a main concern in Sri Lanka. When investigating the studies done in the international context about this concept, there...

The role and importance of special interest groups in the policy process in the United States is well documented. Activities of such groups include putting political pressure on the government through lobbying and political campaign contributions to repeal certain regulations that cut into firm...

In this article we estimate and test for the degree of oligopoly power and economies of scale in forty food and tobacco industries using the New Empirical Industrial Organization (NEIO) framework and four-digit SIC data. Lerner indices and elasticities of scale are compared throughout the entire...