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effects on worker flows. However, firm performance improves considerably while wages fall. Overall, the results suggest that …
Persistent link: https://www.econbiz.de/10005822593
We analyze a large stratified random sample of firms that provide us with measures of performance and each firm’s top … Enterprise Performance Survey (BEEPS) to assess the effect on performance of ownership, competition, export orientation and the … performance – measured as the level of sales controlling for inputs. Export orientation of the firm does not have an effect on …
Persistent link: https://www.econbiz.de/10005822639
This paper provides the first rigorous econometric estimates on the pay-performance relations for executives of Korean … information not only on executive compensation and firm performance but also on Chaebol affiliation) for 246 firms that were … cash compensation of Korean executives is statistically significantly related to stock market performance and that the …
Persistent link: https://www.econbiz.de/10005822774
In this contribution we examine the interrelation between intra-firm wage increases and firm performance. Previous … dispersion of wage growth within firms is generally connected with low firm performance. The results are mainly driven by white …
Persistent link: https://www.econbiz.de/10005822800
Using a panel data set of 361 German corporations for the period 1991 to 1996 we test the hypothesis that firms with more efficient governance structures have higher profitability. To determine efficiency we compare firms with respect to ownership concentration, the identity of owners, capital...
Persistent link: https://www.econbiz.de/10005824123
This paper investigates the relationship between ownership concentration and enterprise performance in Ukraine. Using … performance in Ukraine. The paper also finds that concentration of ownership by foreign companies and banks is associated with … better performance than ownership concentrated by the domestic owners. Ownership by Ukrainian investment funds and holding …
Persistent link: https://www.econbiz.de/10005826048
events upon the performance of the Australian economy. Recent empirical research in the US which argues that there is …
Persistent link: https://www.econbiz.de/10005827054
This paper investigates the factors that explain the level of technical efficiency of a firm. In our empirical analysis, we use a unique sample of about 35,000 firms in 256 industries from the German Cost Structure Census over the years 1992-2004. We estimate the technical efficiency of the...
Persistent link: https://www.econbiz.de/10005835237
This paper examines the impact of macro fluctuation on firm’s balance sheet to understand firm’s net worth as well as the corporate distress probability. We argue that debt policies could be pro-cyclical, since it enhances corporate distress risk when currency depreciation comes.
Persistent link: https://www.econbiz.de/10005835641
This paper is basically concerned with the factors determining corporate performance of listed companies in Indonesia … more important variables inducing firm performance, rather than firm-specific factors. It could be due to the 1997 great … crisis. Our results also show that ownership factor matters on firm performance by the evidence that firms with majority …
Persistent link: https://www.econbiz.de/10005837326