Now showing items 241-250 of 250
Do Institutions, Ownership, Exporting and Competition Explain Firm Performance? Evidence from 26 Transition Countries
(2007-02)
We analyze a large stratified random sample of firms that provide us with measures of performance and each firm’s top manager’s perception of the severity of business environment constraints faced by his/her firm. Unlike ...
Corporate Taxation and International Competition
(2005)
Countries around the world continue to tax corporate income at significant rates despite downward pressures from international competition. Average statutory corporate income tax rates fell from 46% in 1982 to 33% in 1999, ...
Labor Laws and Corporate Governance: International Evidence from Restructuring Decisions
(2006-04)
Our results highlight the importance of interaction among management, labor, and investors in shaping corporate governance. We find that strong union laws protect not only workers but also underperforming managers. Weak ...
Unpacking Rapport: The Role of Behavioral Coordination and Culture in Workplace Interviews
(Administrative Science Quarterly, 2004)
This paper examines the influence of non-verbal coordination and culture on perceptions of interpersonal rapport and candidate performance in job interview settings. Mock interviews were conducted on-site at a Fortune 500 ...
Pre-auction Investments by Type-conscious Agents
(2006-09)
This paper examines pre-auction investments made by asymmetric agents that compete for a supply contract from a monopolist principal. Agents are privately aware of their managerial efficiencies which determine how well ...
Greenwash: Corporate Environmental Disclosure under Threat of Audit
(2006-03)
We develop an economic model of "greenwash," in which a firm strategically discloses environmental information and a non-governmental organization (NGO) may audit and penalize the firm for failing to fully disclose its ...
On the Economics of Securitization: A Framework and Some Lessons from U.S. Experience
(2007-05)
The paper provides a framework for analyzing the development of securitization as a vehicle for funding loans. Broadly speaking there are two models for funding loans: the portfolio lender model, which typically involves ...