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_cc>s_cd=s_dc>s_dd. It is cooperative (s_cc>0.5), non-reciprocal (s_cd=s_dc), and robust to imperfect monitoring ("belief-free"). Next, I …
Persistent link: https://www.econbiz.de/10011110806
possible suitable behaviors (actions) of tourism firms during strategic interactions with other tourism firms, from both non-cooperative … and cooperative point of view. To associate with a real strategic interaction among tourism firms a differentiable game …. Moreover, the complete knowledge of the payoff-space will allow to develop explicitly the cooperative phase of the game and the …
Persistent link: https://www.econbiz.de/10008855235
performance. Using a large sample of European listed firms in the period from 2003 to 2011 and system GMM we find a significant … compensation effect on corporate firm performance for the initial negative effect of horizontal multiple directorships by product … mechanism to increase firm performance and thus assure competitive advantages. By contrast, linkages between up- and downstream …
Persistent link: https://www.econbiz.de/10013024843
The main purpose of the paper is to analyze different channels for innovations. We consider the influence of various incentives for innovation in Russian companies taking into account the organization of industries — vertical or horizontal orientation, peculiarities of corporate demography,...
Persistent link: https://www.econbiz.de/10014153492
.S. represent a type of financial cooperative that will probably not take any taxpayer money directly due to their structure and … data set on U.S. commercial banks, thrifts and credit unions from 1994 through 2010 (over 300,000 observations) performance …
Persistent link: https://www.econbiz.de/10011110433
.S. represent a type of financial cooperative that will probably not take any taxpayer money directly due to their structure and … data set on U.S. commercial banks, thrifts and credit unions from 1994 through 2010 (over 300,000 observations) performance …
Persistent link: https://www.econbiz.de/10009328148
investigating the governance issues of banks, which are stock companies. However, cooperative structured financial institutions (co … cooperative financial institutions. Our results showed that the presence of outside directors at co-ops (“Shinkin Banks …
Persistent link: https://www.econbiz.de/10008871181
The current economic crisis has had a devastating impact in the credit markets as evidenced by bank failures, large bailouts and foreclosures. Trillions of dollars have been spent to prop up the financial sector in the U.S. alone. Credit unions, commercial banks and thrifts are where Americans...
Persistent link: https://www.econbiz.de/10008765077
than bank employees. Theoretical arguments as to why this may be expected from a credit cooperative will be explored and …
Persistent link: https://www.econbiz.de/10008694169
In modern conditions standard models of market coordination and price control at which each enterprise is a separate and independent production unit, are economically inexpedient. The author considers the objective necessity of the establishment of the parity relations between business and the...
Persistent link: https://www.econbiz.de/10011107747