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Is Barter a Hobson Choice? A Theory of Barter and Credit Rationing
Noguera, José de J. - 2009
between firms in Russia during the 1990s was the result of credit rationing or firms. optimal decision. The model also …
Persistent link: https://www.econbiz.de/10014201522
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Barter Relationships
Stole, Lars - 2014
We offer a simple economic model of repeated barter to explore current economic exchange in Russia: individuals trade … rates of interaction are large can trust compensate for an absence of money. Moreover, when trading relationships are …
Persistent link: https://www.econbiz.de/10013058627
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Is Barter a Hobson's Choice? A Theory of Barter and Credit Rationing
Noguera, José de J. - 2005
between firms in Russia during the 1990s was the result of credit rationing or firms' optimal decision. The model also …
Persistent link: https://www.econbiz.de/10014061377
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Simple and complex gift exchange in the laboratory
Heijden, Eline C. van der; Nelissen, Jan H. M.; Potters, Jan - 2001
not onlymutual trust, like simple exchange, but also a substantial degree of coordination. We examinewhether players are …
Persistent link: https://www.econbiz.de/10011317441
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The Foundations of Corporate Social Responsibility
Liang, Hao - 2014
We investigate the roles of legal origins and political institutions – believed to be the fundamental determinants of economic outcomes – in corporate social responsibility (CSR). We argue that CSR is an essential path to economic sustainability, and document strong correlations between...
Persistent link: https://www.econbiz.de/10013061652
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The Foundations of Corporate Social Responsibility
Liang, Hao - 2014
We investigate the roles of legal origins and political institutions – believed to be the fundamental determinants of economic outcomes – in corporate social responsibility (CSR). We argue that CSR is an essential path to economic sustainability, and document strong correlations between...
Persistent link: https://www.econbiz.de/10013061986
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On the Foundations of Corporate Social Responsibility
Liang, Hao - 2016
A firm's corporate social responsibility (CSR) practice and its country's legal origin are strongly correlated. This relation is valid for various CSR ratings coming from several large datasets that comprise more than 23,000 large companies from 114 countries. We find that CSR is more strongly...
Persistent link: https://www.econbiz.de/10013006959
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Corruption and Firms
Colonnelli, Emanuele - 2020
We estimate the causal real economic effects of a randomized anticorruption crackdown on local governments in Brazil over the period 2003-2014 using rich micro-data on corruption and firms. After anti-corruption audits, municipalities experience an increase in economic activity concentrated in...
Persistent link: https://www.econbiz.de/10012854549
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Information Transparency and Investment in Follow-on Innovation
Chen, Jeff Zeyun; Kim, Yongtae; Zhang, Joseph; Yang, Liu - 2022
This study examines the role of information transparency in facilitating peer firms’ investment in follow-on innovation. We capture information transparency with both textual and numerical information disclosed in 10-Ks. Using patent citations to proxy for investment in follow-on innovation,...
Persistent link: https://www.econbiz.de/10014255288
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Culture of Trust and Division of Labor
Meier, Stephan - 2015
– specifically the trust environment – and its internal structure. We show experimentally that exogenously imposed culture … endogenously leads to variation in organizational form. We prime trust using past performance from a pilot study and demonstrate … that the level of trust within an organization affects division of labor and consequently organizational productivity. This …
Persistent link: https://www.econbiz.de/10013023773