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In this study we investigate the role played by the state as controlling shareholder in setting CEO incentives. Analyzing listed telecommunication companies from 13 European countries during 1999-2013, we measure the difference between the state and a private dominant shareholder in setting CEO...
Persistent link: https://www.econbiz.de/10012998924
This paper compares the impacts of traditional one-way access obligations and the new regulatory scheme of co-investment on the roll-out of network infrastructures. We show that compulsory access leads to smaller roll-out, first because it reduces the returns from investment, and second because...
Persistent link: https://www.econbiz.de/10012978219
The current advances in Artificial Intelligence are likely to have profound economic implications and bring about new trade-offs, thereby posing new challenges from a policymaking point of view. What is the socio-economic impact of these new technologies on growth, employment and inequality? How...
Persistent link: https://www.econbiz.de/10012866011