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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP3662 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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