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Most scholars assume firms are politically unified - at least at the industry level. Yet recent contributions data reveal considerable variation in political preferences exhibited among firms in the same industry. This paper investigates what drives this intra-industry variation in partisan...
Persistent link: https://www.econbiz.de/10014046753
goals. The research aims to study human capital theory combined with two-factor theories on job satisfaction. Because in … analyses human capital theory as in quantitative for corporate training structure; budget, manpower, and training program …
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This paper analyses the flexibility decision of firms. In particular we (a) ask whether the flexibility choice is … flexibility decisions (c) investigate the determinants of flexibility empirically for a panel of 4-digit U.S. manufacturing … industries and (d) specifically analyse the flexibility decision in the U.S. food manufacturing industries. The paper is …
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We investigate whether greater microeconomic flexibility facilitates the process of creative destruction in the context … insights of the theory to analyze whether a reduction in trade costs increases the probability of becoming an exporter … relatively more in industries with greater microeconomic flexibility and whether plant exit driven by trade costs declines is …
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The frequency with which firms adjust output prices helps explain persistent differences in capital structure across firms. Unconditionally, the most flexible-price firms have a 19% higher long-term leverage ratio than the most sticky-price firms, controlling for known determinants of capital...
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The frequency with which firms adjust output prices helps explain persistent differences in capital structure across firms. Unconditionally, the most flexible-price firms have a 19% higher long-term leverage ratio than the most sticky-price firms, controlling for known determinants of capital...
Persistent link: https://www.econbiz.de/10012965286