Results 221 to 230 of about 99,086 (266)
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1989
Nationalised industries (also called public corporations) are firms owned wholly or mainly by the Government. Most of the nationalised industries were created by the Labour Governments of 1945–51,1964–70 and 1974–79. Usually this was done by the Government buying several firms from their private owners and merging them into one large public corporation.
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Nationalised industries (also called public corporations) are firms owned wholly or mainly by the Government. Most of the nationalised industries were created by the Labour Governments of 1945–51,1964–70 and 1974–79. Usually this was done by the Government buying several firms from their private owners and merging them into one large public corporation.
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SSRN Electronic Journal, 2007
We survey 78 Chief Financial Officers (CFOs) from 12 European countries about the determinants of going public and exchange listing decisions. The CFOs identify enhanced visibility and prestige, and financing for growth as the most important benefits of an IPO. Their views on other motivations vary across firms and countries.
Franck Bancel, Usha R. Mittoo
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We survey 78 Chief Financial Officers (CFOs) from 12 European countries about the determinants of going public and exchange listing decisions. The CFOs identify enhanced visibility and prestige, and financing for growth as the most important benefits of an IPO. Their views on other motivations vary across firms and countries.
Franck Bancel, Usha R. Mittoo
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Public Policy Towards Small Firms
1987In this chapter we assess the implications of our analysis for public policy, with particular reference to small firms. We begin in Section 7.2 by examining whether or not there should be public policies to promote the small business sector. We conclude that whether or not such policies can be justified, since they in fact exist in almost every ...
D. J. Storey, S. Johnson
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Public Incentives for Firms: Micro-Level Evidence [PDF]
SSRN Electronic Journal, 2010 This paper provides a statistical overview of the extent and composition of publicly-funded loans granted by banks to Italian firms. The analysis is based on the universe of reports to the Central Credit Register (CR). Between 1998 and 2007 the subsidized loans recorded by the CR amounted to about 0.3 per cent of GDP and involved approximately 27,000 ...
Diego Caprara +2 more
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Why private firms are more innovative than public firms
European Journal of Political Economy, 1994Abstract The paper provides an explanation as to why public firms produce at higher average costs than private firms. To establish this results, we deal with a mixed duopoly allowing both firms to choose among various technologies. The corresponding cost functions can be interpreted as the consequence of different investment levels in research and ...
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Public and firm interests in public service diversifications
Journal of Business Ethics, 1985Public service organization's increasingly are considering diversification into new “for-profit” or “high-profit” enterprises. Such undertakings offer a number of potential benefits to both the organization and the public. They also have potential problems. This article examines some of the major types of benefits and problems in hopes that both public
William R. Fannin, Carol B. Gilmore
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SSRN Electronic Journal, 2013
Law in the United States is a big business and big law firms are a global business. Currently, under rules of the American Bar Association (ABA) and most states law, firms are not allowed either to include non-lawyers as partners or accept equity investments from non-lawyers.
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Law in the United States is a big business and big law firms are a global business. Currently, under rules of the American Bar Association (ABA) and most states law, firms are not allowed either to include non-lawyers as partners or accept equity investments from non-lawyers.
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Public pension fund ownership and firm performance
Review of Quantitative Finance and Accounting, 2008Equity ownership by public pension funds (PPFs) is widely used in the literature (see, e.g., Cremers and Nair 2005; Dittmar and Mahrt-Smith 2007) as a measure of the strength of shareholder monitoring/governance. This paper raises caution on such practices by illustrating an inverted-U shape relationship between PPF ownership and firms’ future ...
Yawen Jiao, Pengfei Ye
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Public Agencies and Private Firms
Administration & Society, 1983There is an increasing interest in applying organization theory to public organizations as such, and a need for clarifying the distinction between public and private organizations. This quantitative case study compares questionnaire responses by middle managers in nonprofit public agencies and private profit-making corporations, to test hypotheses ...
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Incentive Contracts for Public Firms
Journal of Comparative Economics, 1993Abstract The paper studies in detail the optimal contract that a welfare-maximizing government should propose to the manager appointed to run a publicly owned enterprise. The government can observe measures of performance such as costs, output, and profit, but is unable to ascertain what determines the observed results: good results could be due to ...
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