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Quarterly financial statements Data for Russian firms. [PDF]
Marakueva M, Popova P.
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The United States and France have very similar labor productivity levels while there are considerable differences between the firm‐size distributions and firm dynamics in the two countries. To reconcile these observations we introduce a joint model of endogenous entrepreneurship and firm‐size dynamics with firing costs, unemployment benefits, entry ...
Bart Hobijn, Aysegül Sahin
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Firm websites and the risk of firm
Industrial Management & Data Systems, 2015Purpose– Websites have become an important channel for firms to communicate with their stakeholders. Higher web site traffic could represent effective information disclosure and higher investor recognition. Both may reduce the risk of firm by reducing the level of information asymmetry and facilitating a more complete market by reaching to more ...
Yu-Tai Chien, Hsin-Min Lu
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Les firmes en tant que personnes Cet essai pose la question de savoir si les firmes doivent être traitées comme des personnes morales ou juridiques, capables d’endosser des droits et des devoirs en tant qu’entités distinctes. S’appuyant sur de précédents travaux où les firmes étaient décrites comme des contrats relationnels en performance [Adelstein ...
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The Quarterly Journal of Economics, 1994
Summary: We present a model of bargaining between politicians and managers that explains many stylized facts about the behavior of state firms, their commercialization, and privatization. Subsidies to public enterprises and bribes from managers to politicians emerge naturally in the model.
Shleifer, Andrei, Vishny, Robert W.
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Summary: We present a model of bargaining between politicians and managers that explains many stylized facts about the behavior of state firms, their commercialization, and privatization. Subsidies to public enterprises and bribes from managers to politicians emerge naturally in the model.
Shleifer, Andrei, Vishny, Robert W.
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Economica, 1937
Abstract Economic theory has suffered in the past from a failure to state clearly its assumptions. Economists in building up a theory have often omitted to examine the foundations on which it was erected. This examination is, however, essential not only to prevent the misunderstanding and needless controversy which arise from a lack ...
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Abstract Economic theory has suffered in the past from a failure to state clearly its assumptions. Economists in building up a theory have often omitted to examine the foundations on which it was erected. This examination is, however, essential not only to prevent the misunderstanding and needless controversy which arise from a lack ...
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Applied Economics Letters, 2010
This article analyses the growth rates of the complete population of UK-registered firms for the period 2001 to 2005. We estimate Gibrat's law – that growth rates are independent of firm size – by deciles of the firm size distribution. Whether we are able to reject Gibrat's law varies across deciles.
Mark Rogers +2 more
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This article analyses the growth rates of the complete population of UK-registered firms for the period 2001 to 2005. We estimate Gibrat's law – that growth rates are independent of firm size – by deciles of the firm size distribution. Whether we are able to reject Gibrat's law varies across deciles.
Mark Rogers +2 more
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1990
Introduction Most large-scale enterprise in the United States is organized in the form of the conventional business corporation, in which the firm is collectively owned by investors of capital. Other ownership patterns are prominent in a number of important industries, however. Many firms, for example, are owned by their customers.
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Introduction Most large-scale enterprise in the United States is organized in the form of the conventional business corporation, in which the firm is collectively owned by investors of capital. Other ownership patterns are prominent in a number of important industries, however. Many firms, for example, are owned by their customers.
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Review of Industrial Organization, 1993
This paper reports on the importance of firm entry and growth flows in Portuguese manufacturing during the period 1982–86, and investigates their determinants. We find that both movements are induced by past profitability and deterred by economies of scale, product differentiation and sunk costs.
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This paper reports on the importance of firm entry and growth flows in Portuguese manufacturing during the period 1982–86, and investigates their determinants. We find that both movements are induced by past profitability and deterred by economies of scale, product differentiation and sunk costs.
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