Showing 1 - 10 of 331
State-owned enterprises (SOEs) are present in key sectors of the economies around the world. While they can provide an important public service, there is widespread concern that their activities are negatively affected by corruption. However, there is limited cross-country analysis on the costs...
Persistent link: https://www.econbiz.de/10012154817
This paper examines the link between gender diversity in senior corporate positions and financial performance of 2 million companies in Europe. We document a positive association between corporate return on assets and the share of women in senior positions and establish two potential channels...
Persistent link: https://www.econbiz.de/10011445356
This paper investigates the relationship between ownership concentration and enterprise performance in Ukraine. Using data on 376 medium and large enterprises, it finds that ownership concentration is positively associated with enterprise performance in Ukraine. The paper also finds that...
Persistent link: https://www.econbiz.de/10014399964
, exacerbated by their reliance on bank-based borrowing and a highly concentrated shareholding structure with complex cross holdings …
Persistent link: https://www.econbiz.de/10014401619
Agency problems within the firm are a significant hindrance to efficiency. We propose trust between coworkers as a superior alternative to the standard tools used to mitigate agency problems: increased monitoring and incentive-based pay. We show how trust induces employees to work harder,...
Persistent link: https://www.econbiz.de/10014399593
Persistent link: https://www.econbiz.de/10009487107
relationship between banks'' risk of failure, market structure, bank ownership, and banks'' screening and bankruptcy costs. These …,000 bank-year observations for 133 non-industrialized countries during the 1993-2004 period. Four main results obtain. First …, the positive and significant relationship between bank concentration and bank risk of failure found in Boyd, De Nicolò and …
Persistent link: https://www.econbiz.de/10014400121
We examine a large panel of more than 100 banks from Argentina to study the effects of bank consolidation on … performance between December 1995 and December 2000, a period of heavy bank consolidation and relative calm. Overall, we find a … positive and significant effect of bank consolidation on bank performance. Bank returns increase with consolidation, and …
Persistent link: https://www.econbiz.de/10014401147
commercial bank efficiency by applying a version of Data Envelopment Analysis (DEA) to bank-level data from a wide range of … transition countries. In addition to stressing the importance of some bank-specific variables, the censored Tobit analysis … suggests that (1) foreign ownership with controlling power and enterprise restructuring enhances commercial bank efficiency; (2 …
Persistent link: https://www.econbiz.de/10014401624
African (MENA) countries in the period 1994 -2008. We evaluate bank efficiency in Egypt, Jordan, Morocco, Lebanon and Tunisia …This study examines the effect of financial-sector reform on bank performance in selected Middle Eastern and North … bank specific variables on bank efficiency. Overall, the analysis shows that, despite similarities in the process of …
Persistent link: https://www.econbiz.de/10014402556