Showing 1 - 10 of 373
evidence of a positive relationship between top R&Dinvesting companies and their performance in the stock markets as measured … positive impact of the firm's R&D intensity on its market capitalisation performance. Besides some data limitations which call … element for companies' economic and financial performance, but is not the only one. To name a few of them, framework …
Persistent link: https://www.econbiz.de/10012056178
This paper uses “centrality” metrics to reflect the changing structure of Global Value Chains (GVCs), contrasting central hubs and peripheral countries and sectors, and examine how these changes impact firm productivity. Using cross-country firm-level data from ORBIS, the paper finds that...
Persistent link: https://www.econbiz.de/10011975703
This study investigates the role of countries’ skills endowment for comparative advantage. It tests the theoretical model of Ohnsorge and Trefler (2007) who argue that it is the bundling of various skills at the worker level and their joint distribution that matter for trade specialisation....
Persistent link: https://www.econbiz.de/10011695588
Persistent link: https://www.econbiz.de/10013332073
We use unique institutional securities holdings data to examine the trading behaviour of delegated institutional capital and its impact on bond risk premia. We show that institutional fund managers trade strongly procyclically: they actively move into higher yielding, longer duration and lower...
Persistent link: https://www.econbiz.de/10012485994
The first Global Climate Strike on March 15, 2019 has represented a historical turn in climate activism. We investigate the cross-section of European stock price reactions to this event. Looking at a large sample of European firms, we find that the unanticipated success of this event caused a...
Persistent link: https://www.econbiz.de/10012299288
Persistent link: https://www.econbiz.de/10013432486
Persistent link: https://www.econbiz.de/10011412594
In this paper we explore why and how the private sector is working in partnerships with the public sector on building green global value chains. The findings and insights are based on the experiences of the companies associated in the Dutch Sustainable Growth Coalition and five years of...
Persistent link: https://www.econbiz.de/10011627812