Using a panel data set of 361 German corporations for the period 1991 to 1996 we test the hypothesis that firms with more efficient governance structures have higher profitability. To determine efficiency we compare firms with respect to ownership concentration, the identity of owners, capital...

In this paper, we investigate how changes in the skill mix of local labor supply are absorbedby the economy. We distinguish between three adjustment mechanisms: through factorprices, through an expansion in the size of those production units that use the moreabundant skill group more...

Globalisierung und Deregulierung bringen den Unternehmen in vielerlei Hinsichtneue Möglichkeiten, ihr wirtschaftliches Handeln zu optimieren. Aber sowie durch diesen schnellen Wandel und die steigende Komplexität von Geschäftenmehr Optionen entstehen, werden auch immer mehr neuartige...

Personal linkage between the biggest German corporations is subject to a special survey bythe monopoly-commission every two years. For the latest reporting year 2004 linkage-data isused to examine the impact of personal linkage on the compensation of management boardmembers. The assumed positive...

Firms in Kenya rely on technologies such as computers, cell-phones, and generators toovercome constraints associated with regulations, infrastructure, security, workforce,corruption, and finance. This study shows that such reliance has significant positive impactson productivity as measured by...

This paper examines international technology transfers using firm-level data across 43developing countries. Our findings show that exporting and importing activities are importantchannels for the transfer of technology...

Motivated by differences in New-firm survival across regions, this paper explores the impact of regional human capital on New-firm survival rates. New-firm survival is interpreted through formation rates of surviving versus closed firms in the sevice sector...