Showing 1 - 10 of 18
We investigate whether management quality explains firm performance in Russia. We find that it explains relatively little in terms of firm performance, but it does explain some of the differences between firms in Russia's Far East and the rest of Russia. Firms that have always been in private...
Persistent link: https://www.econbiz.de/10013089581
Persistent link: https://www.econbiz.de/10001749585
Persistent link: https://www.econbiz.de/10001927935
Persistent link: https://www.econbiz.de/10003331520
Persistent link: https://www.econbiz.de/10003886957
Persistent link: https://www.econbiz.de/10003548035
Persistent link: https://www.econbiz.de/10011675969
Banks are widely believed to have an information advantage, but regulation forces them to sell deteriorating loans, potentially hampering renegotiation and amplifying the initial negative shock to the borrower. We study to what extent the secondary market affects loan outcomes after an initial...
Persistent link: https://www.econbiz.de/10013323340
Sweden offers a unique natural experiment to analyze the effects of institutionalized saving on the ownership structure, corporate governance, and firm performance. The Swedish pension reform increased the stock market participation of pension funds, causing a significant reshuffling in the...
Persistent link: https://www.econbiz.de/10013150826
In the U.K., between 1955 and 1970, dual class shares quickly lost popularity without any regulatory intervention. The decline in the use of dual class shares was positively correlated with the relative valuations of one-share-one-vote and dual class firms, which in turn were related to media...
Persistent link: https://www.econbiz.de/10012975021