Author: Giancarlo Spagnolo
Publisher:
ISBN: 9789172585003
Category : Competition
Languages : en
Pages : 170
Book Description
Essays on managerial incentives and product-market competition
Author: Giancarlo Spagnolo
Publisher:
ISBN: 9789172585003
Category : Competition
Languages : en
Pages : 170
Book Description
Publisher:
ISBN: 9789172585003
Category : Competition
Languages : en
Pages : 170
Book Description
Three Essays in Managerial Career Concern and Organization Theory
The Effect of Product-market Competition on Managerial Incentives and Managerial Pay in Compensation Contracts
Author: Christo Suresh Karunananthan
Publisher:
ISBN:
Category : Compensation management
Languages : en
Pages : 168
Book Description
Publisher:
ISBN:
Category : Compensation management
Languages : en
Pages : 168
Book Description
Three Essays in Financial Markets. The Bright Side of Financial Derivatives: Options Trading and Firm Innovation
Author: Iván Blanco
Publisher: Ed. Universidad de Cantabria
ISBN: 8481028770
Category : Business & Economics
Languages : en
Pages : 90
Book Description
Do financial derivatives enhance or impede innovation? We aim to answer this question by examining the relationship between equity options markets and standard measures of firm innovation. Our baseline results show that firms with more options trading activity generate more patents and patent citations per dollar of R&D invested. We then investigate how more active options markets affect firms' innovation strategy. Our results suggest that firms with greater trading activity pursue a more creative, diverse and risky innovation strategy. We discuss potential underlying mechanisms and show that options appear to mitigate managerial career concerns that would induce managers to take actions that boost short-term performance measures. Finally, using several econometric specifications that try to account for the potential endogeneity of options trading, we argue that the positive effect of options trading on firm innovation is causal.
Publisher: Ed. Universidad de Cantabria
ISBN: 8481028770
Category : Business & Economics
Languages : en
Pages : 90
Book Description
Do financial derivatives enhance or impede innovation? We aim to answer this question by examining the relationship between equity options markets and standard measures of firm innovation. Our baseline results show that firms with more options trading activity generate more patents and patent citations per dollar of R&D invested. We then investigate how more active options markets affect firms' innovation strategy. Our results suggest that firms with greater trading activity pursue a more creative, diverse and risky innovation strategy. We discuss potential underlying mechanisms and show that options appear to mitigate managerial career concerns that would induce managers to take actions that boost short-term performance measures. Finally, using several econometric specifications that try to account for the potential endogeneity of options trading, we argue that the positive effect of options trading on firm innovation is causal.
Essays on Product Market Competition and Managerial Incentives in Oligopoly Firms
Author: Ismo Linnosmaa
Publisher:
ISBN: 9789517819312
Category : Competition
Languages : en
Pages : 198
Book Description
Tiivistelmä: Tuotemarkkinoiden kilpailu ja yritysjohdon kannustinjärjestelmät epätäydellisen kilpailun yrityksissä.
Publisher:
ISBN: 9789517819312
Category : Competition
Languages : en
Pages : 198
Book Description
Tiivistelmä: Tuotemarkkinoiden kilpailu ja yritysjohdon kannustinjärjestelmät epätäydellisen kilpailun yrityksissä.
Product Market Regulation and Macroeconomic Performance
Author: Fabio Schiantarelli
Publisher: World Bank Publications
ISBN:
Category : Competition
Languages : en
Pages : 46
Book Description
"The main purpose of this paper is to provide a critical overview of the recent empirical contributions that use cross-country data to study the effects of product market regulation and reform on a country's macroeconomic performance. After a brief review of the theoretical literature and of relevant micro-econometric evidence, the paper discusses the main data and methodological issues related to empirical work on this topic. It then critically evaluates the cross-country evidence on the effects of product market regulation on mark-ups, firm dynamics, investment, employment, innovation, productivity, and output growth. The paper concludes with a summary of lessons learned from the econometric results." -- Cover verso.
Publisher: World Bank Publications
ISBN:
Category : Competition
Languages : en
Pages : 46
Book Description
"The main purpose of this paper is to provide a critical overview of the recent empirical contributions that use cross-country data to study the effects of product market regulation and reform on a country's macroeconomic performance. After a brief review of the theoretical literature and of relevant micro-econometric evidence, the paper discusses the main data and methodological issues related to empirical work on this topic. It then critically evaluates the cross-country evidence on the effects of product market regulation on mark-ups, firm dynamics, investment, employment, innovation, productivity, and output growth. The paper concludes with a summary of lessons learned from the econometric results." -- Cover verso.
Essays in International Oligopoly
Author: Rafael Moner Colonques
Publisher:
ISBN:
Category : Commercial policy
Languages : en
Pages : 136
Book Description
Publisher:
ISBN:
Category : Commercial policy
Languages : en
Pages : 136
Book Description
Three Essays on Credit Contracts
Author: Sung-Guan Yun
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 342
Book Description
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 342
Book Description
Dissertation Abstracts International
Author:
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 756
Book Description
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 756
Book Description
The Handbook of Organizational Economics
Author: Robert Gibbons
Publisher: Princeton University Press
ISBN: 0691132798
Category : Business & Economics
Languages : en
Pages : 1248
Book Description
(E-book available via MyiLibrary) In even the most market-oriented economies, most economic transactions occur not in markets but inside managed organizations, particularly business firms. Organizational economics seeks to understand the nature and workings of such organizations and their impact on economic performance. The Handbook of Organizational Economics surveys the major theories, evidence, and methods used in the field. It displays the breadth of topics in organizational economics, including the roles of individuals and groups in organizations, organizational structures and processes, the boundaries of the firm, contracts between and within firms, and more.
Publisher: Princeton University Press
ISBN: 0691132798
Category : Business & Economics
Languages : en
Pages : 1248
Book Description
(E-book available via MyiLibrary) In even the most market-oriented economies, most economic transactions occur not in markets but inside managed organizations, particularly business firms. Organizational economics seeks to understand the nature and workings of such organizations and their impact on economic performance. The Handbook of Organizational Economics surveys the major theories, evidence, and methods used in the field. It displays the breadth of topics in organizational economics, including the roles of individuals and groups in organizations, organizational structures and processes, the boundaries of the firm, contracts between and within firms, and more.