companies in Thailand. The convergence-of-interest hypothesis asserts that firm value increases as management ownership rises …

differentials. In addition, the commonly cited empirical result that the speed of conditional convergence is slower than predicted …

advanced economies. We examine the extent of this convergence in the Czech Republic and Russia, economies that represent …

advanced economies. We examine the extent of this convergence in the Czech Republic andRussia, economies that represent …

advanced economies. We examine the extent of this convergence among all firms as well as a subset of firms near the efficiency … development has resulted in convergence of domestic firms to the world standard. …

and Lee (2010), and Polity IV Project datasets. The empirical analysis shows that conditional convergence occurs among the … countries in the sample and that FDI net inflows per worker slightly increases the speed of conditional convergence. This study …