Showing 1 - 10 of 201
market structures are associated with higher total factor productivity. These effects depend, however, on the ownership …
Persistent link: https://www.econbiz.de/10005504242
This study examines the impact locational spillovers have on firm performance. Based on a uniquely created dataset consisting of high-technology start-ups publicly listed in Germany, this paper tests the proposition of locational spillovers positively affecting firm performance, as measured by...
Persistent link: https://www.econbiz.de/10005497946
programme. Our results suggest that participation in large research projects raises labor productivity by at least 35 percent …
Persistent link: https://www.econbiz.de/10011083569
A tradition from Knight (1921) argues that more risk tolerant individuals are more likely to become entrepreneurs, but perform worse. We test these predictions with two risk tolerance proxies: stock market participation and personal leverage. Using investment data for 400,000 individuals, we...
Persistent link: https://www.econbiz.de/10011083758
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...
Persistent link: https://www.econbiz.de/10011083991
better equipped at interpreting signals of productivity from female workers. This suggests substantial costs of under …
Persistent link: https://www.econbiz.de/10011084603
foreign experience results in higher firm valuation, productivity, and profitability. Furthermore, corporate governance …
Persistent link: https://www.econbiz.de/10011084604
We examine the relation between bureaucratic corruption and firm performance in CEE countries. While previous research uses data from BEEPS, which suffers from excessive non-reporting of corporate performance, we combine reliable firm financials from the Amadeus database with information on...
Persistent link: https://www.econbiz.de/10011207394
This Paper uses representative firm level panel data of 1,701 Bulgarian and 2,047 Romanian manufacturing firms to estimate market power (i.e. price-cost margins) and to analyse how these are affected by privatization and increased competitive pressure. In contrast to earlier work that analyses...
Persistent link: https://www.econbiz.de/10005667013
This Paper works with a broad data sample of Czech voucher-privatized firms during 1996-99. It analyses the development of ownership structure and consequently its effect on a firm's performance Ownership concentration had been quite high in 1996 and steadily increased. The single largest owner...
Persistent link: https://www.econbiz.de/10005788907