G2TT
来源类型Discussion paper
规范类型论文
来源IDDP3662
DP3662 Structural Adjustment and the Sectoral and Geographical Mobility of Labour
David Greenaway; Peter Wright; Richard Upward
发表日期2002-11-20
出版年2002
语种英语
摘要We study the implications of ownership and its induced incentives on firm performance in the ?New Economy?. Instead of traditional performance we use firm survival on the stock market as the performance indicator. Using a unique data set of all 341 firms listed on the Neuer Markt, the German counterpart of the NASDAQ, our results differ from studies on more traditional firms. Ownership by CEOs has no influence on firm survival when introducing measurements of human capital and intellectual property rights. This confirms assumptions that firms in the ?New Economy? differ also in their governance structure from traditional firms.
主题Industrial Organization
关键词Firm survival Corporate governance New economy entrepreneurship
URLhttps://cepr.org/publications/dp3662
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/532669
推荐引用方式
GB/T 7714
David Greenaway,Peter Wright,Richard Upward. DP3662 Structural Adjustment and the Sectoral and Geographical Mobility of Labour. 2002.
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