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The Modern Firm, Corporate Governance and Investment
  • Language: en
  • Pages: 425

The Modern Firm, Corporate Governance and Investment

This book explores the revolutionary development of the theory of the firm over the past 35 years. Despite rapid progress in the field, new developments in the microeconomic and industrial organization literature have been relatively scant. This book attempts to redress the balance by providing a comprehensive overview of the theory of the firm before moving on to explore firms and the organization of their economic activities. The contributors investigate the impact of ownership structure and board composition on firm performance, and examine how the institutional framework of an economy affects investment decisions. More specifically, detailed studies of topics including contracts, authority, competence blocs, institutional impacts and corporate governance mechanisms are presented. This unique blend of financial economics and industrial organization perspectives on the corporate firm will prove a stimulating read for scholars and researchers of economics, business administration and law.

A Transaction Cost Approach to Vertical Integration
  • Language: en
  • Pages: 224

A Transaction Cost Approach to Vertical Integration

  • Type: Book
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  • Published: 1985
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  • Publisher: Unknown

None

Organization of Transfers of Small and Medium-Sized Enterprises Within the Family
  • Language: en

Organization of Transfers of Small and Medium-Sized Enterprises Within the Family

  • Type: Book
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  • Published: 2009
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  • Publisher: Unknown

The succession options and resulting implications forkeeping ownership of the small to medium-sized family firm within thefamily.For purposes of this analysis, a family firm is one in which amaximum of four persons/families own a majority of the shares with at least oneof the persons/families having an influence on the board of directors and themethod of succession.The options for transition include: selling theshares to an outsider, passing the shares to the next generation during one'slife, or doing nothing, which allows the shares to pass intestate. Focus in this analysis is placed on the transition of the firm during thelife of the current owners.The impact that the inheritance and gift ...

Ownership and Efficiency in Companies Listed on Stockholm Stock Exchange 1985
  • Language: en
  • Pages: 11

Ownership and Efficiency in Companies Listed on Stockholm Stock Exchange 1985

  • Type: Book
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  • Published: 1988
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  • Publisher: Unknown

None

Ownership of a Cultural Landmark
  • Language: en
  • Pages: 60

Ownership of a Cultural Landmark

  • Type: Book
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  • Published: 2001
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  • Publisher: Unknown

None

Organization of Transfers of Small and Medium-Sized Enterprises Within the Family
  • Language: en

Organization of Transfers of Small and Medium-Sized Enterprises Within the Family

  • Type: Book
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  • Published: 2006
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  • Publisher: Unknown

The succession process of small to medium enterprises (SMEs) creates lifelong dilemmas for entrepreneurs. Who would like to be reminded of his or her imminent mortality by the children's claim on the family company? One way to enhance the value of an enterprise is to ensure that family ownership remains, since this will preserve idiosyncratic knowledge. However, there are several important considerations of a transaction-cost character that hamper the transfer of ownership of the firm. Especially, considerations of tax consequences can make it very complicated to plan a transfer of the ownership of a SME during the lifetime of the owner. Sweden serves as an interesting illustration of the im...

Innovation, Agglomeration and Regional Competition
  • Language: en
  • Pages: 417

Innovation, Agglomeration and Regional Competition

The rise of globalization has triggered a fundamental rethinking about the role of regions in economic development policy. In this important new book, Karlsson, Johansson and Stough assemble a cast of leading international scholars to unravel the new role for regions and local economic development policy to harness the possibilities unleashed by the forces of globalization. This book contains important new insights and ideas that will be welcomed by both scholars and policymakers. David B. Audretsch, Indiana University, Bloomington, US and WHU, Germany This book provides a state-of-the-art overview of current research on regional competition and co-operation. Developing our current understan...

The Chinese Capital Markets
  • Language: en
  • Pages: 336

The Chinese Capital Markets

In the past China’s capital market featured prevalent state ownership and a weak legal environment. It has, however, achieved very substantial development in the past two decades. China has surpassed Japan as the world’s second-largest stock market and has also emerged as a leading player in green bonds and Fintech markets. The chapters in this book provide insights on Chinese listed firms and advance the understanding of China’s unique institutions. Some important questions are covered including the governance role of foreign investors in partially privatized firms, the financial implications of political connections, the "Chinese model" of commercial banks and regulatory reforms that...

Geography, Open Innovation and Entrepreneurship
  • Language: en
  • Pages: 401

Geography, Open Innovation and Entrepreneurship

Developed countries must be incredibly innovative to secure incomes and welfare so that they may successfully compete against international rivals. This book focuses on two specific but interrelated aspects of innovation by incumbent firms and entrepreneurs, the role of geography and of open innovation.

Entrepreneurship and Dynamics in the Knowledge Economy
  • Language: en
  • Pages: 391

Entrepreneurship and Dynamics in the Knowledge Economy

  • Type: Book
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  • Published: 2006-09-27
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  • Publisher: Routledge

In this book, the authors argue that there are analytically distinct forms of entrepreneurship. They provide a contemporary overview of current research and summarize the policy conclusions that can be drawn.