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In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of … performance. Using longitudinal data, we find large and sustained effects of en- trepreneurs at all levels of the performance … suggest that an often overlooked factor – individual entrepreneurs – plays a large role in affecting firm performance. JEL …
Persistent link: https://www.econbiz.de/10011144207
The future drivers of any corporate economy can no longer be capital, land or equipment; but the people and their knowledge base. Several Nigerian firms have started disclosing information on Intellectual Capital. In the setting of our research, we study the determinants of the disclosure of...
Persistent link: https://www.econbiz.de/10011145055
Purpose of this paper is to investigate whether HR slack leads to improve firm performance, and what is the impact of … HR slack in absolute and in relative terms on firm performance in a developing country. It also examines how ownership … types moderate the HR slack-performance relationship. The longitudinal data-set of 11,985 firms-year observations from 2000 …
Persistent link: https://www.econbiz.de/10011147843
This paper studies the impact of corporate ownership structure on firm performance. This paper tests whether policy … places expropriation premium on stocks of such firms where large insiders are present. In addition to poor market performance …, such firms are expected to show poor accounting performance due to various forms of expropriations. These hypotheses are …
Persistent link: https://www.econbiz.de/10011170204
top management turnover is negatively associated with firm performance, suggesting the existence of an effective corporate … governance mechanism in an emerging economy that is highly controlled by government. We also find that the negative turnover–performance … mechanism that disciplines top executives as a result of poor performance is not only used in Chinese SOEs, but is used more …
Persistent link: https://www.econbiz.de/10010576504
’ benefit. Consistent with prior literature, classified boards on average are associated with a lower firm performance. However …, under the circumstances that the agency conflict between shareholders and bondholders is severe, the performance effect of …
Persistent link: https://www.econbiz.de/10010580918
This paper proposes a new approach to tackle the innovation–performance relationship. It addresses the, so far, mixed … technological innovation efficiency on firm performance through a generalized method of moments (GMM) system. The results support … are developed. In addition, we test the moderating effect of technological intensity level and firm size on the efficiency–performance …
Persistent link: https://www.econbiz.de/10011046424
The impact of innovation on firm performance has been a matter of significant interest to economists and policy makers … performance, this relationship has not been supported unambiguously by empirical work. This paper presents one of the first … previously abandoned innovations and cooperation with other firms and institutions and other members of their group. Subsidies …
Persistent link: https://www.econbiz.de/10011046431
, econometric results suggest that, after controlling for endogeneity of ownership, oligarchs can improve the performance of the …
Persistent link: https://www.econbiz.de/10005763656
In this contribution, we examine the interrelation between corporate age structures and firm performance. In particular … dispersion of age in firms are inversely ushaped related to firm performance. …
Persistent link: https://www.econbiz.de/10005763828