Showing 1 - 10 of 454
Productivity growth has been slow in many continental European countries over the last few decades, especially in … product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in … Germany?s bank-based system of internal control, ownership concentration is harmful for productivity growth. …
Persistent link: https://www.econbiz.de/10010297660
governance and market discipline on productivity growth. We find that firms under concentrated ownership tend to show … significantly higher productivity growth. Financial pressure from creditors influences productivity growth positively, particularly … for firms in financial distress. Regarding market discipline, productivity grows faster when competition on product …
Persistent link: https://www.econbiz.de/10010297792
Ownership structures widely differ across the EU. While large blockholdings dominate in the banking sector in Continental Europe, ownership is widely dispersed in the United Kingdom. These differences have consequences for corporate governance in the EU banking sector. This paper analyzes the...
Persistent link: https://www.econbiz.de/10010298692
Ownership structures widely differ across the EU. While large blockholdings dominate in the banking sector in Continental Europe, ownership is widely dispersed in the United Kingdom. These differences have consequences for corporate governance in the EU banking sector. This paper analyzes the...
Persistent link: https://www.econbiz.de/10010299073
This paper gives an overview over corporate governance and banking regulation in Germany. Particular attention is put …
Persistent link: https://www.econbiz.de/10010299931
This paper gives an overview over corporate governance and banking regulation in Germany. Particular attention is put …
Persistent link: https://www.econbiz.de/10008494187
Productivity growth has been slow in many continental European countries over the last few decades, especially in … product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in … Germany?s bank-based system of internal control, ownership concentration is harmful for productivity growth. …
Persistent link: https://www.econbiz.de/10005097717
governance and market discipline on productivity growth. We find that firms under concentrated ownership tend to show … significantly higher productivity growth. Financial pressure from creditors influences productivity growth positively, particularly … for firms in financial distress. Regarding market discipline, productivity grows faster when competition on product …
Persistent link: https://www.econbiz.de/10005098443
innovation, i.e. weakly controlled managers show a higher innovation propensity. However, the higher the leverage the more …
Persistent link: https://www.econbiz.de/10010297397
This paper discusses theoretically the different incentives of managers versus firm owners to invest in innovative activities. There are opposing effects concerning R&D intensity in the manager-controlled firm. Our study on the determinants of R&D intensity presents empirical results concerning...
Persistent link: https://www.econbiz.de/10010297732