Investment in research and development (R&D) plays a vital role in economic growth. Therefore, the crucial role of government is to encourage companies to develop new knowledge, skills, and innovations in order to achieve greater competitiveness, employment creation, and economic development....

This paper examines the gender diversity in corporate boardrooms in Asia and the Pacific and how the diversity affects corporate performance. We find that boardroom gender diversity is low in Asia with 7.5% female representation on average in 2012, but showing a 1.8% improvement in 2013. The...

This paper provides new evidence on the structure, dynamics and performance effects of corporate boards in publicly traded companies in Russia. It takes advantage of a new and unique longitudinal dataset of virtually all Russian companies whose shares were traded in the RTS/MICEX/MOEX over...

This paper analyzes the evolution of the main theories regarding the capital structure and the related impact on risk and corporate performance. The capital structure is a dynamic process that changes over time, depending on the variables that influence the overall evolution of the economy, a...

The recent fall of labor's share of GDP in numerous countries is well-documented, but its causes are poorly understood. We sketch a "superstar firm" model where industries are increasingly characterized by "winner take most" competition, leading a small number of highly profitable (and low labor...

The Swedish employer paid payroll tax was reduced substantially for young workers in 2007, causing firms' average social fees to depend on the age structure of their employees. Using pre-reform conditions to define treated and control firms, we show that the lower costs induced by the reduced...

Die Arbeit untersucht Grundlagen effektiver Kooperation von Entscheidungsträgern an der Unternehmensspitze und deren Bedeutung für gute Unternehmensführung und langfristigen wirtschaftlichen Erfolg. Basierend auf moderner Managementforschung sowie sozial-psychologischer Theorien wird im...

The purpose of this paper is to analyze the concept of market orientation as an outer source of innovation for organizations in the context of Albania. We investigate the market orientation relation with innovation and firm performance by analyzing a sample of 99 companies operating in Albania....

The thesis by publication contains three papers and addresses shortcomings in existing literature on internationalization processes of multinational enterprises and international new ventures (INVs). Special focus is given to their subsequent international development (i.e. period after the...

Based on a non-parametric, structural equation modelling framework, this paper compares a set of highly congested US and European airports in order to assess the impact of approaches on overall social welfare, considering airline and airport surplus and passenger welfare. This paper discusses...

This paper analyses the impact of recessions and booms on firm performance. We look at 70,000 firms in over 100 countries between 1986 and 2014 and document the trends in firm entry over the business cycle. Our paper confirms some standard facts about firm dynamics: employment growth is...

Der Mitbestimmungsindex "MB-ix" misst die Verankerung der Mitbestimmung in Unternehmen, um diese mit verschiedenen Indikatoren der Unternehmensentwicklung in Beziehung zu setzen. Für die Ausgestaltung von Arbeitsbedingungen offenbart der Report, dass Unternehmen mit einer starken Verankerung...

Industrialization is central if any economy is to be successful and the policy attempts at industrialization involve creating systems and institutional arrangements that can help accelerate the process of industrialization. Business incubation is also a system and an institutional arrangement to...

Die vorliegende, drei Beiträge umfassende Doktorarbeit untersucht, welche Rolle Persönlichkeitseigenschaften und Kompetenzen von Geschäftsführern (CEOs) bei der Exploration, Exploitation und Performance von Klein- und Mittelunternehmen (KMU) spielen. Der Fokus liegt auf der...