competition is weak, suggesting that the family control is an effective internal corporate governance mechanism that can …

product market competition, rather than variation in the CEO talent distribution …

This paper investigates the relationship between technical progress, competition, and the impact on consumer's surplus …

Competition has been modelled in the literature in a number of ways. What do these different parametrizations of … competition have in common? For instance, it turns out that it is not always the case that a rise in competition reduces price … cost margins, industry wide profits or concentration. All parametrizations of competition, considered here, have two …

This study examines the impact of product market competition and corporate governance on productivity growth in German … when operating in markets with intense competition. Similarly, productivity growth is higher for firms under control of a … of German banks and insurance firms in our sample period). Our results also indicate that competition and tight control …

have achieved the right result for the right reason. In a simple model reflecting the weak competition between the drugs …

We model competition between risk-neutral principals who hire weakly risk-averse agents to produce a good of variable … then consider firms in competition, and identify parameter conditions under which (i) each firm induces high effort in the … increased competition leads to a "race to the bottom" in quality …

promotions affect how regular prices are determined endogenously under manufacturer competition. The possibility that competitors … may promote is a check on raising regular prices. Thus, manufacturer competition is as much about choosing regular prices … to analyze competition between two asymmetric manufacturers. We find that the regular price of the stronger brand is …