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Employee Ownership, Board Representation, and Corporate Financial Policies

Ginglinger, Edith; Megginson, William; Waxin, Timothee - HAL - 2011

French law mandates that employees of publicly listed companies can elect two types of directors to represent employees. Privatized companies must reserve board seats for directors elected by employees by right of employment, while employee-shareholders can elect a director whenever they hold at...

Persistent link: https://www.econbiz.de/10009323278

Politiques énergétiques et accès aux services urbains en réseau à Istanbul : une ambition métropolitaine au détriment de l'intérêt général

Arik, Elvan - HAL - 2011

À partir de la thématique énergétique à Istanbul, ce mémoire apporte des éléments de réponse à la double interrogation suivante : comment les structures de gouvernance locale se sont-elles adaptées aux injonctions du développement urbain durable ? ; dans une métropole déjà...

Persistent link: https://www.econbiz.de/10009369212

How to Make the Economy "Embedded" in Turkey? One question, Two Contradictory Answers

Ozatalay, Cem - HAL - 2011

interests in the neo-liberal institution-building process in Turkey and privatization cases as one of the main components of the … neo-liberalization process represents its primary focus. First, it will be outlined how the privatization program was … privatization deals after the 2000's and its effects, it will be shown (1) how the import-substitution periods' contending actors …

Persistent link: https://www.econbiz.de/10009151313

Learning from the economics of networks to enhance poverty alleviation in African cotton zones

Fok, Michel - HAL - 2008

Cotton sectors in Sub-Saharan Africa (SSA) were run by monopolistic para-statal organisms for a long time. They embarked upon a restructuring/liberalisation process as of the mid-1980s but the outcomes were mitigated at best. As these sectors resemble service distribution networks...

Persistent link: https://www.econbiz.de/10008789285

Legitimacy strategies in the annual reports - what turn to social responsibility in post-privatization context

Lupu, Ioana; Sandu, Raluca - HAL - 2010

company through the corporate annual reports. The case study is based on the content analysis of three consecutive post-privatization …

Persistent link: https://www.econbiz.de/10008791564

Efficiency inducing taxation for polluting oligopolists: the irrelevance of privatization

Claude, Denis; Tidball, Mabel - HAL - 2010

This paper studies the optimal environmental policy in a mixed market when pollution accumulates over time. Specifically, we assume quantity competition between several private firms and one partially privatized firm. The optimal emission tax is shown to be independent of the weight the...

Persistent link: https://www.econbiz.de/10010635208

Liberalization in the Water Sector : Three Leading Models.

Ménard, Claude; Aleksandra, Peeroo - HAL - 2011

Our chapter is organized as follows. Section I comes back to the characteristics of the water sector. It describes some key features that may explain the slow pace of reform and that may also help better understanding characteristics and limits of that process. Then, a historical and global...

Persistent link: https://www.econbiz.de/10010635242

On the (De)Stabilizing Effect of Public Debt in a Ramsey Model with Heterogeneous Agents

Nishimura, Kazuo; Nourry, Carine; Seegmuller, Thomas; … - HAL - 2014

We introduce public debt in a Ramsey model with heterogenous agents and a public spending externality affecting utility which is financed by income tax and public debt. We show that public debt considered as a fixed portion of GDP can have a stabilizing or destabilizing effect depending on some...

Persistent link: https://www.econbiz.de/10010933819

Optimal Growth under Flow-Based Collaterals

Onori, Daria - HAL - 2013

Some recent evidence on government finance statistics of European countries suggests that countries with public debt issues also show a low tax revenue-GDP ratio. In this paper we develop a small open economy model of endogenous growth in which the engine of growth is public spending. We assume...

Persistent link: https://www.econbiz.de/10010933922

Fiscal Policy, Debt Constraint and Expectation-Driven Volatility

Nishimura, Kazuo; Seegmuller, Thomas; Venditti, Alain - HAL - 2014

Imposing some constraints on public debt is often justified regarding sustainability and stability issues. This is especially the case when the ratio of public debt over GDP is restricted to be constant. Using a Ramsey model, we show that such a constraint can however be a fundamental source of...

Persistent link: https://www.econbiz.de/10010933928