This paper analyses the impact of share ownership, creditorship and networking by financial institutions on the performance of 94 Dutch non-financial firms in the period 1992-1996. We find a nonlinear relationship between firm performance and ownership by banks. Because of various defense...

The Berle-Means problem - information and incentive asymmetries disrupting relations between knowledgeable managers and remote investors - has remained a durable issue engaging researchers since the 1930's. However, the Berle-Means paradigm - widely-dispersed, helpless investors facing strong,...

The notion of 'society' is increasingly debated, recently, under the impact of 'globalization'. This debate is carried out in both sociology and business studies, and it also has implications in political theory. A theoretical grounding of society is provided following G.H. Mead, which bears...

Dreißig Jahre lang haben Instanzen der EU (früher: EWG = Europäische Wirtschaftsgemeinschaft, dann EG = Europäische Gemeinschaften) Entwürfe eines Statuts für eine Europäische Aktiengesellschaft (SE), bestimmt für multinationale Unternehmen, behandelt, bevor eine neue Form des Status...

We revisit the concept of Diversified Quality Production (DQP), which we introduced about thirty years ago. Our purpose is to examine the extent to which the concept can still be considered tenable for describing and explaining the development of the interaction between the political economy and...