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that these reoptimized ownership choices raise firm output by 40% and productivity by 7.5% on average. An extended property …Seminal theories of the firm posit that firm ownership is allocated to minimize contractual inefficiencies. Yet, it … remains unclear how much the optimal ownership choice affects firm performance in practice. This paper provides a first …
Persistent link: https://www.econbiz.de/10014312548
Persistent link: https://www.econbiz.de/10001599863
acquire property when it has been held in a fiducie? Should Quebec's fiducie be analyzed as a modality of ownership or as an …How can the trust drawn from the common law take shape within a civilian context? Fiduciary ownership is not … unthinkable within a civilian context. It may be considered as purposive ownership or, to be more precise, as a modality of …
Persistent link: https://www.econbiz.de/10013006549
The rapid expansion of the data economy raises serious questions about who “owns” data, and what data “ownership … also fall short when it comes to protecting the facts that make up such compilations. Debates over ownership rights in data … have been heating up. In Europe, policy makers have raised the possibility of creating sui generis ownership rights in data …
Persistent link: https://www.econbiz.de/10012910961
In this article, I develop the concept of "ownership piercing." I use the expression to suggest that courts engage in a … process of evaluative reasoning to clarify who owns property rights and controls the limited liability company. I show under … what circumstances courts should pierce ownership. Ownership piercing entails investigating the reality of the company …
Persistent link: https://www.econbiz.de/10013236040
Although property lawyers and theorists were always interested in the legal doctrinal construction of property rights … and in political, moral, or economic justifications of property rights through the course of history, they very rarely … looked into possible psychological roots of property rights and the powers they entail. Similarly, psychologists (whether …
Persistent link: https://www.econbiz.de/10013141909
This article aims at estabiishing the possibility of recognizing the ownership of incorporeal property and especially … incorporeal property and especially towards the ownership of claims, positive law seems more and more disposed to recognize a … claim as property, as an object upon which ownership bears. Not only are analyses other than the materialistic analysis of …
Persistent link: https://www.econbiz.de/10013118855
We examine the tax rules for ownership of fungible securities in light of three recent cases addressing this issue …, Samueli, Calloway, and Anschutz. We argue that ownership has no economic basis under an income tax because under a pure income … tax ownership would not be needed to measure income. Rather than acting as a bedrock principle based in economics …
Persistent link: https://www.econbiz.de/10013097883
The objective of our study was to evaluate the efficiency of public, private for-profit, and private non-profit hospitals in Germany. First, bootstrapped data envelopment analysis (DEA) was used to evaluate the efficiency of a panel (n = 1,046) of public, private for-profit, and private...
Persistent link: https://www.econbiz.de/10013146993
ownership could improve property rights protection, and that such association holds for non-democratic political regimes when it … is based on elites' concerns about security of their own property rights in the event they lose power. Such incentives … provide a solution to the credible commitment problem in maintaining secure property rights when institutional restrictions on …
Persistent link: https://www.econbiz.de/10013071575