[go: up one dir, main page]
More Web Proxy on the site http://driver.im/
IDEAS home Printed from https://ideas.repec.org/f/c/pgu570.html
   My authors  Follow this author

Klaus Gugler

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Zulehner, Christine & Gugler, Klaus Peter & Weichselbaumer, Michael, 2015. "Analysis of mergers in first-price auctions," CEPR Discussion Papers 10799, C.E.P.R. Discussion Papers.

    Cited by:

    1. Gugler, Klaus & Weichselbaumer, Michael & Zulehner, Christine, 2020. "Employment behavior and the economic crisis: Evidence from winners and runners-up in procurement auctions," Journal of Public Economics, Elsevier, vol. 182(C).
    2. Gugler, Klaus & Weichselbaumer, Michael & Zulehner, Christine, 2018. "Effects of government spending on employment: Evidence from winners and runners-up in procurement auctions," SAFE Working Paper Series 213, Leibniz Institute for Financial Research SAFE.
    3. Charles J. Thomas, 2019. "A New Perspective on Entry in Horizontal Merger Analysis," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 55(3), pages 459-491, November.

  2. Briglauer, Wolfgang & Gugler, Klaus & Haxhimusa, Adhurim, 2015. "Facility- and service-based competition and investment in fixed broadband networks: Lessons from a decade of access regulations in the European Union member states," ZEW Discussion Papers 15-048, ZEW - Leibniz Centre for European Economic Research.

    Cited by:

    1. Fourie, Helanya & de Bijl, Paul W.J., 2018. "Race to the top: Does competition in the DSL market matter for fibre penetration?," Telecommunications Policy, Elsevier, vol. 42(9), pages 778-793.
    2. Frias, Zoraida & Martínez, Jorge Pérez, 2019. "Rollout and regulation of Fibre-To-The-Premises networks. Insights from the Spanish case," Telecommunications Policy, Elsevier, vol. 43(3), pages 225-237.
    3. Jochen Homann & Torsten J. Gerpott & Wolfgang Briglauer & Ingo Vogelsang & Jan Krämer & Iris Henseler-Unger & Lukas Wiewiorra, 2018. "Ausbau der digitalen Infrastruktur bis 2025: Welche Wege führen in die ›Gigabit-Gesellschaft‹?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 71(07), pages 03-21, April.
    4. Ioannou, Nikos & Logothetis, Vangelis & Petre, Konstantin & Tselekounis, Markos & Chipouras, Aris & Katsianis, Dimitris & Varoutas, Dimitris, 2020. "Network modelling approaches for calculating wholesale NGA prices: A full comparison based on the Greek fixed broadband market," ITS Conference, Online Event 2020 224857, International Telecommunications Society (ITS).
    5. Ivaldi, Marc & Cojoc, Anca & Maier-Rigaud, Frank & März, Oliver, 2020. "Horizontal cooperation on investment: Evidence from mobile network sharing," CEPR Discussion Papers 14770, C.E.P.R. Discussion Papers.
    6. Marcus, J. Scott & Bocarova, Veronica & Petropoulos, Georgios, 2017. "Incentives for investment in fast broadband: How much can be expected from the proposed European Code?," 28th European Regional ITS Conference, Passau 2017 169483, International Telecommunications Society (ITS).
    7. Boukhatem, Jamel & Djelassi, Mouldi, 2020. "Liquidity risk in the Saudi banking system: Is there any Islamic banking specificity?," The Quarterly Review of Economics and Finance, Elsevier, vol. 77(C), pages 206-219.
    8. Queder, Fabian, 2020. "Competitive effects of cable networks on FTTx deployment in Europe," Telecommunications Policy, Elsevier, vol. 44(10).

  3. Sørgard, Lars & Gugler, Klaus Peter & Clougherty, Joseph A., 2014. "Cross-border mergers and domestic-firm wages: Integrating ?spillover effects? and ?bargaining effects?," CEPR Discussion Papers 9863, C.E.P.R. Discussion Papers.

    Cited by:

    1. Renneboog, Luc & Szilagyi, Peter & Vansteenkiste, Cara, 2017. "Creditor Rights, Claims Enforcement, and Bond Performance in Mergers and Acquisitions," Other publications TiSEM e3b3753d-87d4-46d6-be12-3, Tilburg University, School of Economics and Management.
    2. Luc Renneboog & Peter G. Szilagyi & Cara Vansteenkiste, 2017. "Creditor rights, claims enforcement, and bond performance in mergers and acquisitions," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 48(2), pages 174-194, February.
    3. Wenxin Guo & Joseph A. Clougherty, 2022. "Cross-border acquisition activity by Chinese multinationals and domestic-productivity upgrading," Asia Pacific Journal of Management, Springer, vol. 39(2), pages 659-695, June.
    4. Duygun, Meryem & Huang, Bihong & Qian, Xiaolin & Tam, Lewis H.K., 2018. "Corporate pension plans and investment choices: Bargaining or conforming?," Journal of Corporate Finance, Elsevier, vol. 50(C), pages 519-537.
    5. Sourafel Girma & Holger Görg & Erasmus Kersting, 2019. "Which boats are lifted by a foreign tide? Direct and indirect wage effects of foreign ownership," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 50(6), pages 923-947, August.
    6. Cao, Jiyun & Mukherjee, Arijit, 2018. "Foreign direct investment, unionised labour markets and welfare," International Review of Economics & Finance, Elsevier, vol. 58(C), pages 330-339.
    7. Hossain, Mohammed Sawkat, 2021. "Merger & Acquisitions (M&As) as an important strategic vehicle in business: Thematic areas, research avenues & possible suggestions," Journal of Economics and Business, Elsevier, vol. 116(C).
    8. Zahoor, Nadia & Khan, Zaheer & Shenkar, Oded, 2023. "International vertical alliances within the international business field: A systematic literature review and future research agenda," Journal of World Business, Elsevier, vol. 58(1).
    9. Renneboog, Luc & Szilagyi, Peter & Vansteenkiste, Cara, 2017. "Creditor rights, claims enforcement, and bond returns in mergers and acquisitions," Other publications TiSEM ef3ad779-66b4-4fca-a8e8-7, Tilburg University, School of Economics and Management.
    10. Amit Soni & Avinash Chandra & Sumati Varma, 2020. "Impact of M&As on Employment in the Indian Information Technology (IT) Industry," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 63(2), pages 311-329, June.

  4. Klaus Gugler & Mario Liebensteiner & Stephan Schmitt, 2014. "Vertical Disintegration in the European Electricity Sector: Empirical Evidence on Lost Synergies," Department of Economics Working Papers wuwp190, Vienna University of Economics and Business, Department of Economics.

    Cited by:

    1. Tin Cheuk Leung & Kwok Ping Ping & Kevin K. Tsui, 2019. "What can deregulators deregulate? The case of electricity," Journal of Regulatory Economics, Springer, vol. 56(1), pages 1-32, August.
    2. Tooraj Jamasb and Manuel Llorca, 2019. "Energy Systems Integration: Economics of a New Paradigm," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 2).
    3. Correa-Giraldo, Manuel & Garcia-Rendon, John J. & Perez, Alex, 2021. "Strategic behaviors and transfer of wholesale costs to retail prices in the electricity market: Evidence from Colombia," Energy Economics, Elsevier, vol. 99(C).
    4. Cambini, Carlo & Congiu, Raffaele & Jamasb, Tooraj & Llorca, Manuel & Soroush, Golnoush, 2020. "Energy Systems Integration: Implications for Public Policy," Working Papers 2-2020, Copenhagen Business School, Department of Economics.
    5. Mydland, Ørjan & Kumbhakar, Subal C. & Lien, Gudbrand & Amundsveen, Roar & Kvile, Hilde Marit, 2020. "Economies of scope and scale in the Norwegian electricity industry," Economic Modelling, Elsevier, vol. 88(C), pages 39-46.
    6. Philipp Steinbrunner, 2023. "I want a quiet life! On productivity and competition in the Central European energy sector," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 31(2), pages 403-428, April.
    7. Garcia, Alexandre Schwinden & Alves, Frederick Fagundes & Pimentel Filgueiras, João Marcello, 2024. "Tariff flags and electricity consumption response in Brazil," Utilities Policy, Elsevier, vol. 88(C).
    8. Johan Willner & Sonja Gronblom, 2016. "The organisation of services of general interest in Finland," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2016(3), pages 89-116.
    9. Heymann, Fabian & Milojevic, Tatjana & Covatariu, Andrei & Verma, Piyush, 2023. "Digitalization in decarbonizing electricity systems – Phenomena, regional aspects, stakeholders, use cases, challenges and policy options," Energy, Elsevier, vol. 262(PB).
    10. Sven Heim, Bastian Krieger, and Mario Liebensteiner, 2020. "Unbundling, Regulation, and Pricing: Evidence from Electricity Distribution," The Energy Journal, International Association for Energy Economics, vol. 0(Special I).
    11. Summanen, Tuomo & Arminen, Heli, 2018. "Ownership unbundling in electricity distribution: The Russian experience," Energy, Elsevier, vol. 161(C), pages 1199-1210.
    12. Paul Simshauser, 2020. "Merchant utilities and boundaries of the firm: vertical integration in energy-only markets," Working Papers EPRG2008, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    13. Johan WILLNER & Sonja GRÖNBLOM, 2015. "The Organisation of Services of General Interest in Finland," CIRIEC Working Papers 1520, CIRIEC - Université de Liège.
    14. Simshauser, Paul, 2021. "Vertical integration, peaking plant commitments and the role of credit quality in energy-only markets," Energy Economics, Elsevier, vol. 104(C).
    15. Michael G. Pollitt & Jafar Sadeghi & Thomas P. Triebs, 2024. "The Effects of Vertical Separation and Competition: Evidence from US Electric Utility Restructuring," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 65(2), pages 531-559, September.
    16. Johan WILLNER & Sonja GRÖNBLOM, 2017. "Public Enterprises – Objectives and Performance," Departmental Working Papers 2017-03, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    17. Asantewaa, Adwoa & Jamasb, Tooraj & Llorca, Manuel, 2023. "Electricity sector reforms and cost efficiency: The case of small electricity systems in Sub-Sahara Africa," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 880-893.
    18. Asantewaa, Adwoa & Jamasb, Tooraj & Llorca, Manuel, 2022. "Reforming Small Electricity Systems: Market Design and Competition," Working Papers 12-2022, Copenhagen Business School, Department of Economics.
    19. Sugimoto, Kota, 2021. "Ownership versus legal unbundling of electricity transmission network: Evidence from renewable energy investment in Germany," Energy Economics, Elsevier, vol. 99(C).
    20. Wenche Tobiasson & Manuel Llorca & Tooraj Jamasb, 2021. "Performance Effects of Network Structure and Ownership: The Norwegian Electricity Distribution Sector," Energies, MDPI, vol. 14(21), pages 1-15, November.

  5. Klaus Gugler & Florian Szücs, 2013. "Merger Externalities in Oligopolistic Markets," Discussion Papers of DIW Berlin 1321, DIW Berlin, German Institute for Economic Research.

    Cited by:

    1. Johannes Boehm & Jan Sonntag, 2018. "Vertical Integration and Foreclosure: Evidence from Production Network Data," SciencePo Working papers Main hal-03393115, HAL.
    2. Joel Stiebale & Florian Szücs, 2022. "Mergers and market power: evidence from rivals' responses in European markets," RAND Journal of Economics, RAND Corporation, vol. 53(4), pages 678-702, December.
    3. Ralph B. Siebert, 2019. "Estimating Differential Dynamic Merger Effects on Market Structure and Entry in Related Markets," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 55(3), pages 431-458, November.
    4. Keil, Jan, 2017. "The trouble with approximating industry concentration from Compustat," Journal of Corporate Finance, Elsevier, vol. 45(C), pages 467-479.
    5. Pauline Affeldt & Reinhold Kesler, 2021. "Competitors’ Reactions to Big Tech Acquisitions: Evidence from Mobile Apps," Discussion Papers of DIW Berlin 1987, DIW Berlin, German Institute for Economic Research.
    6. Stiebale, Joel & Haucap, Justus, 2013. "How Mergers A ffect Innovation: Theory and Evidence," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79831, Verein für Socialpolitik / German Economic Association.
    7. Linde, Sebastian & Siebert, Ralph B., 2023. "Exploring the incremental merger value from multimarket and technology arguments," International Journal of Industrial Organization, Elsevier, vol. 87(C).
    8. Tsuyoshi Toshimitsu, 2017. "Merger Paradox in a Network Product Market: A Horizontally Differentiated Three-Firm Model," Discussion Paper Series 167, School of Economics, Kwansei Gakuin University, revised Sep 2017.
    9. Cabolis, C. & Manasakis, C. & Moreno, D. & Petrakis, E., 2021. "The interactions of R&D investments and horizontal mergers," Journal of Economic Behavior & Organization, Elsevier, vol. 187(C), pages 507-534.
    10. Tsuyoshi Toshimitsu, 2019. "Analysis of Merger Control in a Network Products Market," Manchester School, University of Manchester, vol. 87(5), pages 678-693, September.
    11. M. Grajek & K. Gugler & T. Kretschmer & I. Mişcişin, 2019. "Static or Dynamic Efficiency: Horizontal Merger Effects in the Wireless Telecommunications Industry," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 55(3), pages 375-402, November.
    12. Ralph Siebert, 2017. "Heterogeneous Merger Impacts on Competitive Outcomes," CESifo Working Paper Series 6607, CESifo.

  6. rondi, laura & cambini, carlo & bremberger, francisca & gugler, klaus, 2013. "Dividend Policy in Regulated Firms," MPRA Paper 48043, University Library of Munich, Germany.

    Cited by:

    1. Christian Growitsch & Marcus Stronzik, 2014. "Ownership unbundling of natural gas transmission networks: empirical evidence," Journal of Regulatory Economics, Springer, vol. 46(2), pages 207-225, October.
    2. Mahdi Filsaraei & Alireza Zarei, 2017. "The Relationship between Ownership and Dividend Policy: Evidence from Tehran Stock Exchange Using the Propensity Score Matching Estimator," International Journal of Economics and Financial Issues, Econjournals, vol. 7(2), pages 664-671.
    3. Al-Malkawi, Husam-Aldin Nizar & Bhatti, M. Ishaq & Magableh, Sohail I., 2014. "On the dividend smoothing, signaling and the global financial crisis," Economic Modelling, Elsevier, vol. 42(C), pages 159-165.

  7. Joseph A. Clougherty & Klaus Gugler & Lars Sørgard, 2012. "Cross-Border Mergers and Domestic Wages: Integrating Positive 'Spillover' Effects and Negative 'Bargaining' Effects," Department of Economics Working Papers wuwp136, Vienna University of Economics and Business, Department of Economics.

    Cited by:

    1. Balsvik, Ragnhild & Sæthre, Morten, 2014. "Rent Sharing with Footloose Production. Foreign Ownership and Wages Revisited," Discussion Paper Series in Economics 30/2014, Norwegian School of Economics, Department of Economics.

  8. Duso, Tomaso & Gugler, Klaus & Szücs, Florian, 2012. "An empirical assessment of the 2004 EU merger policy reform," DICE Discussion Papers 58, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).

    Cited by:

    1. Gugler, Klaus & Szücs, Florian, 2016. "Merger externalities in oligopolistic markets," International Journal of Industrial Organization, Elsevier, vol. 47(C), pages 230-254.
    2. Tomaso Duso & Jo Seldeslachts & Florian Szücs, 2017. "The Impact of Competition Policy Enforcement on the Functioning of EU Energy Markets," Discussion Papers of DIW Berlin 1674, DIW Berlin, German Institute for Economic Research.
    3. Andreea Cosnita-Langlais, 2016. "Enforcement of Merger Control. Theoretical Insights for Its Procedural Design," Revue économique, Presses de Sciences-Po, vol. 67(HS1), pages 39-51.
    4. Dissanaike, Gishan & Drobetz, Wolfgang & Momtaz, Paul P., 2020. "Competition Policy and the Profitability of Corporate Acquisitions," Journal of Corporate Finance, Elsevier, vol. 62(C).
    5. Oliver Budzinski, 2011. "Impact Evaluation of Merger Decisions," Working Papers 112/11, University of Southern Denmark, Department of Sociology, Environmental and Business Economics.
    6. Ralph B. Siebert, 2019. "Estimating Differential Dynamic Merger Effects on Market Structure and Entry in Related Markets," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 55(3), pages 431-458, November.
    7. Heim, Sven & Hüschelrath, Kai & Laitenberger, Ulrich, 2015. "The duration of the EC merger control process: Determinants and the impact of the 2004 merger regulation reform," ZEW Discussion Papers 15-063, ZEW - Leibniz Centre for European Economic Research.
    8. Spagnolo, Giancarlo & Carletti, Elena & Ongena, Steven & Siedlarek, Jan-Peter, 2020. "The Impacts of Stricter Merger Legislation on Bank Mergers and Acquisitions: Too-Big-To-Fail and Competition," CEPR Discussion Papers 14449, C.E.P.R. Discussion Papers.
    9. Cosnita-Langlais Andreea & Sørgard Lars, 2018. "Enforcement and Deterrence in Merger Control: The Case of Merger Remedies," Review of Law & Economics, De Gruyter, vol. 14(3), pages 1-22, November.
    10. Duso, Tomaso & Affeldt, Pauline & Szücs, Florian, 2020. "25 Years of European Merger Control," CEPR Discussion Papers 14548, C.E.P.R. Discussion Papers.
    11. Jing Yan, 2018. "Do Merger Laws Deter Cross‐Border Mergers and Acquisitions?," Australian Economic Papers, Wiley Blackwell, vol. 57(3), pages 376-393, September.
    12. Seldeslachts, Jo & Duso, Tomaso & Clougherty, Joseph A. & Lee, Miyu, 2015. "Effective European Antitrust: Does EC Merger Policy Generate Deterrence," CEPR Discussion Papers 10959, C.E.P.R. Discussion Papers.
    13. Bernhardt, Lea, 2020. "Common factors of withdrawn and prohibited mergers in the European Union," Working Paper 184/2020, Helmut Schmidt University, Hamburg.
    14. Linde, Sebastian & Siebert, Ralph B., 2023. "Exploring the incremental merger value from multimarket and technology arguments," International Journal of Industrial Organization, Elsevier, vol. 87(C).
    15. Ormosi, Peter L., 2012. "Tactical dilatory practice in litigation: Evidence from EC merger proceedings," International Review of Law and Economics, Elsevier, vol. 32(4), pages 370-377.
    16. Markus Dertwinkel-Kalt & Christian Wey, 2021. "Evidence Production in Merger Control: The Role of Remedies," CESifo Working Paper Series 8915, CESifo.
    17. Weichselbaumer, Michael, 2024. "Competition after mergers near review thresholds," International Journal of Industrial Organization, Elsevier, vol. 94(C).
    18. Carletti, Elena & Ongena, Steven & Siedlarek, Jan-Peter & Spagnolo, Giancarlo, 2015. "The Impact of Merger Legislation on Bank Mergers," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 530, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    19. Budzinski, Oliver, 2012. "Impact evaluation of merger control decisions," Ilmenau Economics Discussion Papers 75, Ilmenau University of Technology, Institute of Economics.
    20. Vivek Ghosal, 2011. "The Law and Economics of Enhancing Cartel Enforcement: Using Information from Non-Cartel Investigations to Prosecute Cartels," CESifo Working Paper Series 3506, CESifo.
    21. Federico Mini, 2018. "Fifty is the New Forty: EU Merger Policy Permits Higher Market Shares After the 2004 Reform," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 53(3), pages 535-561, November.
    22. Joseph Clougherty & Tomaso Duso, 2015. "Correcting for Self-Selection Based Endogeneity in Management Research: A Review and Empirical Demonstration," Discussion Papers of DIW Berlin 1465, DIW Berlin, German Institute for Economic Research.
    23. Sang Jun Cho & Chune Young Chung & Daniel Sungyeon Kim, 2023. "Do antitrust laws erode shareholder returns? Evidence from the Chinese market," European Journal of Law and Economics, Springer, vol. 55(2), pages 349-376, April.
    24. Ralph Siebert, 2016. "The Impact of Horizontal Mergers on Market Structure: Evidence from the Semiconductor Industry," CESifo Working Paper Series 5911, CESifo.
    25. Elena Chernova & Svetlana Razmanova, 2018. "Development of Competitive Environment in the Oil Market of Russian Federation: Empirical Analysis," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 547-561.

  9. Duso, Tomaso & Gugler, Klaus & Yurtoglu, Burcin B., 2011. "How effective is European merger control?," DICE Discussion Papers 15, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).

    Cited by:

    1. van Koten, Silvester & Ortmann, Andreas, 2013. "Structural versus behavioral remedies in the deregulation of electricity markets: An experimental investigation motivated by policy concerns," European Economic Review, Elsevier, vol. 64(C), pages 256-265.
    2. Martin Carree & Andrea Günster & Maarten Schinkel, 2010. "European Antitrust Policy 1957–2004: An Analysis of Commission Decisions," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 36(2), pages 97-131, March.
    3. Dissanaike, Gishan & Drobetz, Wolfgang & Momtaz, Paul P., 2020. "Competition Policy and the Profitability of Corporate Acquisitions," Journal of Corporate Finance, Elsevier, vol. 62(C).
    4. Motta, Massimo & Langus, Gregor, 2007. "The Effect of EU Antitrust Investigations and Fines on a Firm?s Valuation," CEPR Discussion Papers 6176, C.E.P.R. Discussion Papers.
    5. Gu, Yiquan & Wenzel, Tobias, 2011. "Transparency, entry, and productivity," DICE Discussion Papers 39, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    6. Paolo Buccirossi & Lorenzo Ciari & Tomaso Duso & Sven-Olof Fridolfsson & Giancarlo Spagnolo & Cristiana Vitale, 2008. "A Short Overview of a Methodology for the Ex-Post Review of Merger Control Decisions," De Economist, Springer, vol. 156(4), pages 453-475, December.
    7. Weitzel, Utz & Kling, Gerhard & Gerritsen, Dirk, 2014. "Testing the fire-sale FDI hypothesis for the European financial crisis," Journal of International Money and Finance, Elsevier, vol. 49(PB), pages 211-234.
    8. Jo Seldeslachts & Joseph A. Clougherty & Pedro Pita Barros, 2007. "Remedy for Now but Prohibit for Tomorrow: The Deterrence Effects of Merger Policy Tools," CIG Working Papers SP II 2007-02, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    9. Peter L. Ormosi, 2009. "Determinants of the success of remedy offers: Evidence from European Community mergers," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) 2009-11, Centre for Competition Policy, University of East Anglia, Norwich, UK..
    10. Mats Bergman, 2008. "Quis Custodiet Ipsos Custodes? or Measuring and Evaluating the Effectiveness of Competition Enforcement," De Economist, Springer, vol. 156(4), pages 387-409, December.
    11. Tomaso Duso & Lea Bernhardt & Joanna Piechucka, 2024. "The Evolution of Theories of Harm in EU Merger Control," Discussion Papers of DIW Berlin 2090, DIW Berlin, German Institute for Economic Research.
    12. Oliver Budzinski, 2011. "Impact Evaluation of Merger Decisions," Working Papers 112/11, University of Southern Denmark, Department of Sociology, Environmental and Business Economics.
    13. Ralph B. Siebert, 2019. "Estimating Differential Dynamic Merger Effects on Market Structure and Entry in Related Markets," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 55(3), pages 431-458, November.
    14. Stühmeier Torben & Wenzel Tobias, 2012. "Regulating Advertising in the Presence of Public Service Broadcasting," Review of Network Economics, De Gruyter, vol. 11(2), pages 1-23, June.
    15. Dertwinkel-Kalt, Markus & Wey, Christian, 2012. "The effects of remedies on merger activity in oligopoly," DICE Discussion Papers 81, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    16. Patrice Bougette & Oliver Budzinski & Frédéric Marty, 2023. "In The Light Of Dynamic Competition: Should We Make Merger Remedies More Flexible?," Working Papers halshs-04230148, HAL.
    17. Barros, Pedro P. & Clougherty, Joseph A. & Seldeslachts, Jo, 2013. "Europeanization of EU member-state competition policy: The commission's leadership role," International Review of Law and Economics, Elsevier, vol. 34(C), pages 41-51.
    18. Jo Seldeslachts & Joseph A. Clougherty & Pedro Pita Barros, 2009. "Settle for Now but Block for Tomorrow: The Deterrence Effects of Merger Policy Tools," Journal of Law and Economics, University of Chicago Press, vol. 52(3), pages 607-634, August.
    19. Pauline Affeldt & Tomaso Duso & Klaus Gugler & Joanna Piechucka, 2021. "Market Concentration in Europe: Evidence from Antitrust Markets," CESifo Working Paper Series 8866, CESifo.
    20. Oliver Budzinski & Jürgen-Peter Kretschmer, 2009. "Implications of Unprofitable Horizontal Mergers: A Positive External Effect does not Suffice to Clear a Merger!," Working Papers 84/09, University of Southern Denmark, Department of Sociology, Environmental and Business Economics.
    21. Elena Carletti & Steven Ongena & Jan-Peter Siedlarek & Giancarlo Spagnolo, 2019. "The Impact of Stricter Merger Control on Bank Mergers and Acquisitions. Too-Big-To-Fail and Competition," Working Papers 16-14R2, Federal Reserve Bank of Cleveland.
    22. Michael Landesmann & Roman Stöllinger, 2020. "The European Union’s Industrial Policy: What are the Main Challenges?," wiiw Policy Notes 36, The Vienna Institute for International Economic Studies, wiiw.
    23. Giebe, Thomas & Lee, Miyu, 2019. "Competitors In Merger Control: Shall They Be Merely Heard Or Also Listened To?," MPRA Paper 62428, University Library of Munich, Germany.
    24. Spagnolo, Giancarlo & Carletti, Elena & Ongena, Steven & Siedlarek, Jan-Peter, 2020. "The Impacts of Stricter Merger Legislation on Bank Mergers and Acquisitions: Too-Big-To-Fail and Competition," CEPR Discussion Papers 14449, C.E.P.R. Discussion Papers.
    25. Kim, Incheol & Lee, Suin & Sharma, Bina, 2023. "Competition law reform and firm performance: Evidence from developing countries," Emerging Markets Review, Elsevier, vol. 56(C).
    26. Clémence Christin, 2013. "Entry Deterrence Through Cooperative R&D Over-Investment," Recherches économiques de Louvain, De Boeck Université, vol. 79(2), pages 5-26.
    27. Luechinger, Simon & Moser, Christoph, 2020. "The European Commission and the revolving door," European Economic Review, Elsevier, vol. 127(C).
    28. Seldeslachts, Jo & Duso, Tomaso & Clougherty, Joseph A. & Lee, Miyu, 2015. "Effective European Antitrust: Does EC Merger Policy Generate Deterrence," CEPR Discussion Papers 10959, C.E.P.R. Discussion Papers.
    29. Oliver Budzinski, 2009. "Modern Industrial Economics and Competition Policy: Open Problems and Possible Limits," Working Papers 93/09, University of Southern Denmark, Department of Sociology, Environmental and Business Economics.
    30. Mihail BUŞU, 2014. "How Concentrated Is The Romanian Mobile Market?," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 4, pages 473-482, July.
    31. Damien Neven & Hans Zenger, 2008. "Ex Post Evaluation of Enforcement: A Principal-Agent Perspective," De Economist, Springer, vol. 156(4), pages 477-490, December.
    32. Haji Ali Beigi, Maryam & Budzinski, Oliver, 2012. "On the use of event studies to evaluate economic policy decisions: A note of caution," Ilmenau Economics Discussion Papers 80, Ilmenau University of Technology, Institute of Economics.
    33. Deshpande, Shreesh & Svetina, Marko & Zhu, Pengcheng, 2016. "The impact of European Commission merger regulation on US domestic M&As," Journal of Multinational Financial Management, Elsevier, vol. 36(C), pages 1-15.
    34. Pauline Affeldt & Tomaso Duso & Klaus Gugler & Joanna Piechucka, 2021. "Assessing EU Merger Control through Compensating Efficiencies," Discussion Papers of DIW Berlin 1979, DIW Berlin, German Institute for Economic Research.
    35. Markus Dertwinkel-Kalt & Christian Wey, 2016. "Merger Remedies in Oligopoly under a Consumer Welfare Standard," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 32(1), pages 150-179.
    36. Oliver Budzinski, 2010. "An Institutional Analysis of the Enforcement Problems in Merger Control," Working Papers 101/10, University of Southern Denmark, Department of Sociology, Environmental and Business Economics.
    37. Markus Dertwinkel-Kalt & Christian Wey, 2021. "Evidence Production in Merger Control: The Role of Remedies," CESifo Working Paper Series 8915, CESifo.
    38. Carletti, Elena & Ongena, Steven & Siedlarek, Jan-Peter & Spagnolo, Giancarlo, 2015. "The Impact of Merger Legislation on Bank Mergers," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 530, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    39. Ongena, Steven & Penas, María Fabiana, 2009. "Bondholders' wealth effects in domestic and cross-border bank mergers," Journal of Financial Stability, Elsevier, vol. 5(3), pages 256-271, September.
    40. Budzinski, Oliver, 2012. "Impact evaluation of merger control decisions," Ilmenau Economics Discussion Papers 75, Ilmenau University of Technology, Institute of Economics.
    41. Vivek Ghosal, 2011. "The Law and Economics of Enhancing Cartel Enforcement: Using Information from Non-Cartel Investigations to Prosecute Cartels," CESifo Working Paper Series 3506, CESifo.
    42. Hüschelrath, Kai, 2009. "Methodologische Grundlagen einer Evaluation von Wettbewerbspolitik," ZEW Discussion Papers 09-084, ZEW - Leibniz Centre for European Economic Research.
    43. Duso, Tomaso & Gugler, Klaus & Yurtoglu, Burcin B., 2006. "Is the Event Study Methodology Useful for Merger Analysis? A Comparison of Stock Market and Accounting Data," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 163, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    44. Svetlana B. Avdasheva & Dina V. Tsytsulina, 2014. "The Effects Of Competition Policy: Merger Approval, Entry Barrier Removal, Antitrust Enforcement Compared," HSE Working papers WP BRP 34/FE/2014, National Research University Higher School of Economics.
    45. Gao, Ning & Peng, Ni & Strong, Norman, 2017. "What determines horizontal merger antitrust case selection?," Journal of Corporate Finance, Elsevier, vol. 46(C), pages 51-76.
    46. Sumit Agarwal & Michael J. Seiler & Ralph Siebert, 2022. "Do as Essay, Not as I Do? How Inflated List Prices of Unsold Essayer Homes Affect the Price Discovery Process," CESifo Working Paper Series 10069, CESifo.
    47. Ralph Siebert, 2016. "The Impact of Horizontal Mergers on Market Structure: Evidence from the Semiconductor Industry," CESifo Working Paper Series 5911, CESifo.
    48. Pauline Affeldt, 2019. "EU Merger Policy Predictability Using Random Forests," Discussion Papers of DIW Berlin 1800, DIW Berlin, German Institute for Economic Research.
    49. Oliver Budzinski & Jürgen-Peter Kretschmer, 2007. "Implications of Unprofitable Horizontal Mergers: A Re-Interpretation of the Farrell-Shapiro-Framework," Marburg Working Papers on Economics 200714, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    50. Haucap, Justus & Herr, Annika & Frank, Björn, 2011. "In vino veritas: Theory and evidence on social drinking," DICE Discussion Papers 37, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    51. Tomaso Duso & Lea Bernhardt & Joanna Piechucka, 2024. "The Evolution of Theories of Harm in EU Merger Control," CESifo Working Paper Series 11218, CESifo.
    52. Alcalde, Nuria & Powell, Ronan, 2022. "Government intervention in European mergers and acquisitions," The North American Journal of Economics and Finance, Elsevier, vol. 61(C).

  10. Gugler, Klaus & Mueller, Dennis C. & Weichselbaumer, Michael, 2008. "The Determinants of Merger Waves: An International Perspective," ZEW Discussion Papers 08-076, ZEW - Leibniz Centre for European Economic Research.

    Cited by:

    1. Tomaso Duso & Klaus Gugler & Florian Szücs, 2010. "An Empirical Assessment of the 2004 EU Merger Policy Reform," CIG Working Papers SP II 2010-16, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    2. Rabin Hattari & Ramkishen S. Rajan, 2009. "Cross-border Mergers and Acquisitions (M&As) in Developing Asia: The Role of Financial Variables," Working Papers 362009, Hong Kong Institute for Monetary Research.
    3. Jimmy A. Saravia, 2013. "Merger waves and the Austrian business cycle theory," Documentos de Trabajo de Valor Público 10929, Universidad EAFIT.
    4. Janowicz Magdalena, 2023. "The Profitability of Legal Mergers in Times of Economic Crisis – A Polish Example," Folia Oeconomica Stetinensia, Sciendo, vol. 23(2), pages 169-182, December.
    5. Reddy, Kotapati Srinivasa, 2015. "Extant Reviews on Entry-mode/Internationalization, Mergers & Acquisitions, and Diversification: Understanding Theories and Establishing Interdisciplinary Research," MPRA Paper 63744, University Library of Munich, Germany, revised 2015.
    6. Xie, En & Reddy, K.S. & Liang, Jie, 2017. "Country-specific determinants of cross-border mergers and acquisitions: A comprehensive review and future research directions," Journal of World Business, Elsevier, vol. 52(2), pages 127-183.
    7. Ralph Sonenshine, 2020. "Merger waves: are buyers following the herd or responding to structural queues?," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 10(2), pages 287-308, June.
    8. Spyros Arvanitis & Tobias Stucki, 2014. "How Swiss small and medium-sized firms assess the performance impact of mergers and acquisitions," Small Business Economics, Springer, vol. 42(2), pages 339-360, February.
    9. Mohammad Zarei & Amir Alambeigi & Parvaneh Karimi & Behrouz Zarei, 2015. "What Drives Mergers and Acquisitions Waves in Developing Countries? Evidences from Iranian Banking Industry," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 19(2), pages 123-137, Spring.
    10. Fomin, M., 2016. "Business cycles and acquisition policy: Analysis of M&A deals of metallurgical companies," Working Papers 6441, Graduate School of Management, St. Petersburg State University.
    11. Domino, Krzysztof & Miszczak, Jarosław Adam, 2022. "Will you infect me with your opinion?," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 608(P1).
    12. Engelbert J. Dockner & Clemens Löffler, 2015. "Rivalry Restraint as Equilibrium Behavior," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 24(1), pages 189-209, March.
    13. Reddy, Kotapati Srinivasa, 2015. "Determinants of Cross-border Mergers and Acquisitions: A Comprehensive Review and Future Direction," MPRA Paper 63969, University Library of Munich, Germany, revised 2015.
    14. Chak Hung J. Cheng & Michael K. Salemi, 2009. "Feast and Famine: Explaining Big Swings in the Hong Kong Economy between 1981 and 2007," Working Papers 372009, Hong Kong Institute for Monetary Research.
    15. Ilaria Galavotti, 2019. "Firm-level recent profitability and acquisition performance: exploring competing theoretical perspectives," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 9(3), pages 319-345, September.
    16. Lina M. Cortés & Iván A. Durán & Sandra Gaitán-Riaño & Mateo Vasco, 2016. "Mergers and Acquisitions in Latin America: Industrial Productivity and Corporate Governance," Documentos de Trabajo de Valor Público 14436, Universidad EAFIT.
    17. RAHMAN, Md. Atiqur & USHER, Lauren, 2022. "A Critical Review Of Neoclassical And Behavioural Theories Of Merger Waves," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 26(1), pages 6-22, March.
    18. Chen, Victor Zitian & Hobdari, Bersant & Zhang, Yilei, 2019. "Blockholder heterogeneity and conflicts in cross-border acquisitions," Journal of Corporate Finance, Elsevier, vol. 57(C), pages 86-101.
    19. Hoang Long Pham & Petr Marek, 2018. "A Review of the European Union Countries on Cross-border Mergers and Acquisitions Market," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2018(4), pages 59-71.
    20. Camillia Zedan & Antonella Ianni & Seth Bullock, 2013. "Competition And Cascades In Markets: An Agent‐Based Model Of Endogenous Mergers," Intelligent Systems in Accounting, Finance and Management, John Wiley & Sons, Ltd., vol. 20(1), pages 39-51, January.
    21. Isha Gupta & T. V. Raman & Naliniprava Tripathy, 2023. "Impact of Merger and Acquisition on Financial Performance: Evidence from Construction and Real Estate Industry of India," FIIB Business Review, , vol. 12(1), pages 74-84, March.
    22. Lina M. Cortés & Diego A. Agudelo & Samuel Mongrut, 2012. "Waves and determinants in the activity of Mergers and Acquisitions: The Case of Latin America," Documentos de Trabajo de Valor Público 10658, Universidad EAFIT.
    23. Rao-Nicholson, Rekha & Salaber, Julie & Cao, Tuan Hiep, 2016. "Long-term performance of mergers and acquisitions in ASEAN countries," Research in International Business and Finance, Elsevier, vol. 36(C), pages 373-387.
    24. Caiazza, Stefano & Pozzolo, Alberto Franco, 2016. "The determinants of failed takeovers in the banking sector: Deal or country characteristics?," Journal of Banking & Finance, Elsevier, vol. 72(S), pages 92-103.
    25. Vancea Mariana, 2012. "An Overview On The Determinants Of Mergers And Acquisitions Waves," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 390-397, December.
    26. Merkoulova, Yulia & Zivanovic, Branislav, 2022. "Financial constraints and financing sources in mergers and acquisitions," Pacific-Basin Finance Journal, Elsevier, vol. 74(C).
    27. Lina M. Cortés & John J. García & David Agudelo, 2015. "Effects of Mergers and Acquisitions on Shareholder Wealth: Event Study for Latin American Airlines," Documentos de Trabajo de Valor Público 12453, Universidad EAFIT.
    28. Boateng, Agyenim & Hua, Xiuping & Uddin, Moshfique & Du, Min, 2014. "Home country macroeconomic factors on outward cross-border mergers and acquisitions: Evidence from the UK," Research in International Business and Finance, Elsevier, vol. 30(C), pages 202-216.

  11. Klaus Gugler & Dennis C. Mueller & B. Burçin Yurtoglu, 2006. "The Determinants of Merger Waves," CIG Working Papers SP II 2006-01, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).

    Cited by:

    1. Marcelo Resende, 2008. "Mergers and acquisitions waves in the UK: a Markov-switching approach," Applied Financial Economics, Taylor & Francis Journals, vol. 18(13), pages 1067-1074.
    2. Barros, Pedro P. & Clougherty, Joseph A. & Seldeslachts, Jo, 2013. "Europeanization of EU member-state competition policy: The commission's leadership role," International Review of Law and Economics, Elsevier, vol. 34(C), pages 41-51.
    3. Banal-Estanol, Albert & Heidhues, Paul & Nitsche, Rainer & Seldeslachts, Jo, 2009. "Screening and Merger Activity," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 270, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    4. Dennis C. Mueller & B. Burcin Yurtoglu, 2007. "Corporate governance and the returns to acquiring firms' shareholders: an international comparison," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 28(8), pages 879-896.
    5. Albert Banal-Estañol & Paul Heidhues & Rainer Nitsche & Jo Seldeslachts, 2006. "Merger Clusters during Economic Booms," CIG Working Papers SP II 2006-17, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    6. Banal-Estanol, A. & Heidhues, P., 2006. "Merged clusters during economic booms," Working Papers 06/07, Department of Economics, City University London.

  12. Tomaso Duso & Klaus Gugler & Burcin Yurtoglu, 2006. "Is the Event Study Methodology Useful for Merger Analysis? A Comparison of Stock Market and Accounting Data," CIG Working Papers SP II 2006-19, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).

    Cited by:

    1. John García & Francesc Trillas, 2011. "Control corporativo y riqueza de los accionistas en el sector eléctrico europeo (2000-2007)," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 13(25), pages 297-319, July-Dece.
    2. Tomaso Duso & Klaus Gugler & Florian Szücs, 2010. "An Empirical Assessment of the 2004 EU Merger Policy Reform," CIG Working Papers SP II 2010-16, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    3. Joseph A. Clougherty & Tomaso Duso, 2010. "Using Rival Effects to Identify Synergies and Improve Merger Typologies," CIG Working Papers SP II 2010-13, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    4. Dharen Kumar Pandey & Vineeta Kumari, 2020. "Effects of merger and acquisition announcements on stock returns: an empirical study of banks listed on NSE & NYSE," The Review of Finance and Banking, Academia de Studii Economice din Bucuresti, Romania / Facultatea de Finante, Asigurari, Banci si Burse de Valori / Catedra de Finante, vol. 12(1), pages 49-62, June.
    5. Oliver Budzinski, 2011. "Impact Evaluation of Merger Decisions," Working Papers 112/11, University of Southern Denmark, Department of Sociology, Environmental and Business Economics.
    6. Duso, Tomaso & Gugler, Klaus & Yurtoglu, Burcin B., 2011. "How effective is European merger control?," European Economic Review, Elsevier, vol. 55(7), pages 980-1006.
    7. Giebe, Thomas & Lee, Miyu, 2019. "Competitors In Merger Control: Shall They Be Merely Heard Or Also Listened To?," MPRA Paper 62428, University Library of Munich, Germany.
    8. John J. García and Francesc Trillas, 2012. "Regulatory Reform and Corporate Control in European Energy Industries," RSCAS Working Papers 2012/30, European University Institute.
    9. Fotis, Panagiotis & Pekka, Victoria & Polemis, Michael, 2015. "Intervalling-effect bias and evidences for competition policy," MPRA Paper 63211, University Library of Munich, Germany.
    10. Neelam Rani & Surendra S Yadav & P.K. Jain, 2015. "Impact of Mergers and Acquisitions on Shareholders’ Wealth in the Short Run: An Event Study Approach," Vikalpa: The Journal for Decision Makers, , vol. 40(3), pages 293-312, September.
    11. John J. García & Francesc Trillas, 2013. "European energy industry shocks, corporate control and firms' value," Documentos de Trabajo de Valor Público 10928, Universidad EAFIT.
    12. Song, Sangcheol & Zeng, Yuping & Zhou, Bing, 2021. "Information asymmetry, cross-listing, and post-M&A performance," Journal of Business Research, Elsevier, vol. 122(C), pages 447-457.
    13. Stiebale, Joel & Haucap, Justus, 2013. "How Mergers A ffect Innovation: Theory and Evidence," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79831, Verein für Socialpolitik / German Economic Association.
    14. Budzinski, Oliver, 2012. "Impact evaluation of merger control decisions," Ilmenau Economics Discussion Papers 75, Ilmenau University of Technology, Institute of Economics.
    15. Cappa, Francesco & Collevecchio, Francesca & Oriani, Raffaele & Peruffo, Enzo, 2022. "Banks responding to the digital surge through Open Innovation: Stock market performance effects of M&As with fintech firms," Journal of Economics and Business, Elsevier, vol. 121(C).
    16. Tchai Tavor, 2024. "Assessing the financial impacts of significant wildfires on US capital markets: sectoral analysis," Empirical Economics, Springer, vol. 67(3), pages 1115-1148, September.
    17. Vahidin Jeleskovic & Yinan Wan, 2024. "The impact of Facebook-Cambridge Analytica data scandal on the USA tech stock market: An event study based on clustering method," Papers 2402.14206, arXiv.org.
    18. Haucap, Justus & Stiebale, Joel, 2016. "How mergers affect innovation: Theory and evidence from the pharmaceutical industry," DICE Discussion Papers 218, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    19. Joseph Clougherty & Tomaso Duso, 2015. "Correcting for Self-Selection Based Endogeneity in Management Research: A Review and Empirical Demonstration," Discussion Papers of DIW Berlin 1465, DIW Berlin, German Institute for Economic Research.
    20. Kamerbeek, S.P., 2009. "Merger Performance and Efficiencies in Horizontal Merger Policy in the US and the EU," MPRA Paper 18064, University Library of Munich, Germany.
    21. Budzinski, Oliver, 2012. "Empirische Ex-Post Evaluation von wettbewerbspolitischen Entscheidungen: Methodische Anmerkungen," Ilmenau Economics Discussion Papers 69, Ilmenau University of Technology, Institute of Economics.
    22. Anderson, John & Sutherland, Dylan & Severe, Sean, 2015. "An event study of home and host country patent generation in Chinese MNEs undertaking strategic asset acquisitions in developed markets," International Business Review, Elsevier, vol. 24(5), pages 758-771.
    23. Taoufik Bouraoui, 2015. "The effect of reducing quantitative easing on emerging markets," Applied Economics, Taylor & Francis Journals, vol. 47(15), pages 1562-1573, March.
    24. Warell, Linda, 2007. "A horizontal merger in the iron ore industry: An event study approach," Resources Policy, Elsevier, vol. 32(4), pages 191-204, December.
    25. Koppenberg, Maximilian & Hirsch, Stefan & Finger, Robert, 2023. "Effects of the debate on glyphosate's carcinogenic risk on pesticide producers' share prices," Ecological Economics, Elsevier, vol. 212(C).
    26. Assis, T.P. & Cordeiro, F.F. & Schiavon, L.C., 2023. "How stock market reacts to environmental disasters and judicial decisions: A case study of Mariana’s dam collapse in Brazil," International Review of Law and Economics, Elsevier, vol. 73(C).
    27. Neelam Rani & Surendra S. Yadav & P.K. Jain, 2013. "Market Response to the Announcement of Mergers and Acquisitions: An Empirical Study from India," Vision, , vol. 17(1), pages 1-16, March.
    28. Goutam Sutar & Krantiraditya Dhalmahapatra & Sayan Chakraborty, 2023. "Impact of India’s Demonetization Episode on its Equity Markets," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 30(4), pages 649-675, December.
    29. John Kwoka & Chengyan Gu, 2015. "Predicting Merger Outcomes: The Accuracy of Stock Market Event Studies, Market Structure Characteristics, and Agency Decisions," Journal of Law and Economics, University of Chicago Press, vol. 58(3).
    30. Sharma, Abhinav & Shin, Hakseung & Santa-María, María Jesús & Nicolau, Juan Luis, 2021. "Hotels' COVID-19 innovation and performance," Annals of Tourism Research, Elsevier, vol. 88(C).

  13. Tomaso Duso & Klaus Gugler & Burcin Yurtoglu, 2005. "EU Merger Remedies: A Preliminary Empirical Assessment," CIG Working Papers SP II 2005-16, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).

    Cited by:

    1. Thomas Hoehn, 2010. "Structure Versus Conduct - A Comparison of the National Merger Remedies Practice in Seven European Countries," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 17(1), pages 9-32.
    2. Patrice Bougette & Stéphane Turolla, 2006. "Merger Remedies at the European Commission: A Multinomial Logit Analysis," Working Papers 06-08, LAMETA, Universtiy of Montpellier, revised Feb 2008.
    3. Paolo Buccirossi & Lorenzo Ciari & Tomaso Duso & Sven-Olof Fridolfsson & Giancarlo Spagnolo & Cristiana Vitale, 2008. "A Short Overview of a Methodology for the Ex-Post Review of Merger Control Decisions," De Economist, Springer, vol. 156(4), pages 453-475, December.
    4. Jo Seldeslachts & Joseph A. Clougherty & Pedro Pita Barros, 2007. "Remedy for Now but Prohibit for Tomorrow: The Deterrence Effects of Merger Policy Tools," CIG Working Papers SP II 2007-02, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    5. Pedro Barros & Joseph Clougherty & Jo Seldeslachts, 2010. "How to Measure the Deterrence Effects of Merger Policy: Frequency or Composition?," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 17(1), pages 1-8.
    6. Joseph A. Clougherty & Tomaso Duso, 2008. "The Impact of Horizontal Mergers on Rivals: Gains to Being Left Outside a Merger," CIG Working Papers SP II 2008-17r, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG), revised Feb 2009.
    7. Bernhardt, Lea, 2020. "Common factors of withdrawn and prohibited mergers in the European Union," Working Paper 184/2020, Helmut Schmidt University, Hamburg.
    8. Patrice Bougette & Stéphane Turolla, 2008. "Market structures, political surroundings, and merger remedies: an empirical investigation of the EC’s decisions," European Journal of Law and Economics, Springer, vol. 25(2), pages 125-150, April.
    9. Wayne-Roy Gayle & Robert Marshall & Leslie Marx & Jean-François Richard, 2011. "Coordinated Effects in the 2010 Horizontal Merger Guidelines," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 39(1), pages 39-56, August.
    10. Thibaud VERGE, 2009. "Horizontal Mergers, Structural Remedies and Consumer Welfare in a Cournot Oligopoly with Assets," Working Papers 2009-10, Center for Research in Economics and Statistics.
    11. Duso, Tomaso & Gugler, Klaus & Yurtoglu, Burcin B., 2006. "Is the Event Study Methodology Useful for Merger Analysis? A Comparison of Stock Market and Accounting Data," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 163, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    12. Goran Serdareviæ & Petr Teplý, 2011. "The Efficiency of EU Merger Control During the Period 1990–2008," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 61(3), pages 252-276, July.
    13. Gregory Werden, 2008. "Assessing the Effects of Antitrust Enforcement in the United States," De Economist, Springer, vol. 156(4), pages 433-451, December.
    14. Panagiotis Fotis & Michael Polemis & Nikolaos Zevgolis, 2011. "Robust Event Studies for Derogation from Suspension of Concentrations in Greece during the Period 1995–2008," Journal of Industry, Competition and Trade, Springer, vol. 11(1), pages 67-89, March.

  14. Georg Goetz & Klaus Gugler, 2004. "Market Concentration and Product Variety under Spatial Competition: Evidence from Retail Gasoline," CESifo Working Paper Series 1289, CESifo.

    Cited by:

    1. Andreea Cosnita-Langlais, 2008. "Horizontal market concentration: Theoretical insights from the spatial models," Working Papers hal-04140709, HAL.
    2. Pennerstorfer, Dieter & Weiss, Christoph, 2013. "Spatial clustering and market power: Evidence from the retail gasoline market," Regional Science and Urban Economics, Elsevier, vol. 43(4), pages 661-675.
    3. Duso, Tomaso & Argentesi, Elena & Buccirossi, Paolo & Cervone, Roberto & Marrazzo, Alessia, 2021. "The Effect of Mergers on Variety in Grocery Retailing," CEPR Discussion Papers 16230, C.E.P.R. Discussion Papers.
    4. Andrew Eckert & Heather Eckert, 2014. "Regional Patterns in Gasoline Station Rationalization in Canada," Journal of Industry, Competition and Trade, Springer, vol. 14(1), pages 99-122, March.
    5. Elena Argentesi & Paolo Buccirossi & Roberto Cervone & Tomaso Duso & Alessia Marrazzo, 2018. "Price or Variety? An Evaluation of Mergers Effects in Grocery Retailing," Discussion Papers of DIW Berlin 1734, DIW Berlin, German Institute for Economic Research.
    6. Chrysovalantou Milliou & Joel Sandonis, 2018. "Manufacturer Mergers and Product Variety in Vertically Related Markets," Journal of Industry, Competition and Trade, Springer, vol. 18(1), pages 1-24, March.
    7. Ciara Whelan & Patrick P. Walsh & Franco Mariuzzo, 2004. "EU merger control in differentiated product industries," Open Access publications 10197/138, School of Economics, University College Dublin.
    8. Argentesi, Elena & Buccirossi, Paolo & Cervone, Roberto & Duso, Tomaso & Marrazzo, Alessia, 2021. "The effect of mergers on variety in grocery retailing," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 79, pages 1-19.
    9. Wesley Blundell & Kyle Wilson, 2023. "Acquisitions, product variety, and distribution in the U.S. craft beer industry," Economic Inquiry, Western Economic Association International, vol. 61(4), pages 1053-1076, October.
    10. Adriana Nikolic & Christoph Weiss, 2014. "Spatial interactions in location decisions: Empirical evidence from a Bayesian spatial probit model," Department of Economics Working Papers wuwp177, Vienna University of Economics and Business, Department of Economics.
    11. Genakos, Christos & Kretschmer, Tobias & Nicolle, Ambre, 2021. "Strategic confusopoly: evidence from the UK mobile market," LSE Research Online Documents on Economics 113835, London School of Economics and Political Science, LSE Library.
    12. Chiang-Ming Chen & Chia-Yu Yeh & Jin-Li Hu, 2011. "Influence of Uncertain Demand on Product Variety: Evidence from the International Tourist Hotel Industry in Taiwan," Tourism Economics, , vol. 17(6), pages 1275-1285, December.
    13. Ralph Siebert, 2016. "The Impact of Horizontal Mergers on Market Structure: Evidence from the Semiconductor Industry," CESifo Working Paper Series 5911, CESifo.
    14. Ewa, Lechman, 2010. "Concentration in ICTs sector – cross country analysis," MPRA Paper 37488, University Library of Munich, Germany.
    15. Argentesi, Elena & Buccirossi, Paolo & Cervone, Roberto & Duso, Tomaso & Marrazzo, Alessia, 2016. "The effect of retail mergers on prices and variety: An ex-post evaluation," DICE Discussion Papers 225, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).

  15. Ralph Siebert & Klaus Gugler, 2004. "Market Power versus Efficiency Effects of Mergers and Research Joint Ventures: Evidence from the Semiconductor Industry," NBER Working Papers 10323, National Bureau of Economic Research, Inc.

    Cited by:

    1. Jeremiah Harris & Ralph Siebert, 2015. "Driven by the Discount Factor: Impact of Mergers on Market Performance in the Semiconductor Industry," CESifo Working Paper Series 5199, CESifo.
    2. Brissimis, Sophocles N. & Delis, Manthos D., 2011. "Bank-level estimates of market power," European Journal of Operational Research, Elsevier, vol. 212(3), pages 508-517, August.
    3. Gugler, Klaus & Szücs, Florian, 2016. "Merger externalities in oligopolistic markets," International Journal of Industrial Organization, Elsevier, vol. 47(C), pages 230-254.
    4. Duso, Tomaso & Röller, Lars-Hendrik & Seldeslachts, Jo, 2010. "Collusion through Joint R&D: An Empirical Assessment," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 343, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    5. Albert Banal-Estañol & Tomaso Duso & Jo Seldeslachts & Florian Szücs, 2022. "R&D Spillovers through RJV Cooperation," Working Papers of Department of Management, Strategy and Innovation, Leuven 690218, KU Leuven, Faculty of Economics and Business (FEB), Department of Management, Strategy and Innovation, Leuven.
    6. Tomaso Duso & Klaus Gugler & Florian Szücs, 2010. "An Empirical Assessment of the 2004 EU Merger Policy Reform," CIG Working Papers SP II 2010-16, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    7. Shi, Guanming & Stiegert, Kyle & Chavas, Jean Paul, 2010. "An Analysis of Pricing in Horizontal and Vertical Markets: The Case of the Cottonseed Market," Working Papers 201439, University of Wisconsin-Madison, Department of Agricultural and Applied Economics, Food System Research Group.
    8. Michelle S. Goeree & Eric Helland, 2009. "Do research joint ventures serve a collusive function?," IEW - Working Papers 448, Institute for Empirical Research in Economics - University of Zurich, revised Jul 2012.
    9. Tianxu Jiang & Min Zhu, 2021. "The impact of innovation on companies’ cross-border mergers and acquisitions: evidence from China," Quality & Quantity: International Journal of Methodology, Springer, vol. 55(3), pages 969-991, June.
    10. Vijay Ganesh Hariharan & Ram Bezawada & Debabrata Talukdar, 2015. "Aggregate Impact of Different Brand Development Strategies," Management Science, INFORMS, vol. 61(5), pages 1164-1182, May.
    11. Stiebale, Joel, 2016. "Cross-border M&As and innovative activity of acquiring and target firms," Journal of International Economics, Elsevier, vol. 99(C), pages 1-15.
    12. Sergio Mayordomo & Nicola Pavanini & Emanuele Tarantino, 2020. "The impact of alternative forms of bank consolidation on credit supply and financial stability," Working Papers 2021, Banco de España.
    13. Ying Li & Yung-Ho Chiu & Tai-Yu Lin & Tzu-Han Chang, 2020. "Pre-Evaluating the Technical Efficiency Gains from Potential Mergers and Acquisitions in the IC Design Industry," International Journal of Information Technology & Decision Making (IJITDM), World Scientific Publishing Co. Pte. Ltd., vol. 19(02), pages 525-559, April.
    14. Tannista Banerjee & Stephen Martin, 2013. "Pharmaceutical regulation and innovative performance: a decision-theoretic model," Auburn Economics Working Paper Series auwp2013-21, Department of Economics, Auburn University.
    15. Richard Reed & Susan Storrud-Barnes, 2009. "Systematic performance differences across the manufacturing-service continuum," Service Business, Springer;Pan-Pacific Business Association, vol. 3(4), pages 319-339, December.
    16. Ralph B. Siebert, 2019. "Estimating Differential Dynamic Merger Effects on Market Structure and Entry in Related Markets," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 55(3), pages 431-458, November.
    17. Qiao Guangshun & Lu Yulin, 2024. "Operating Efficiency in the Capital-Intensive Semiconductor Industry: A Nonparametric Frontier Approach," Economics - The Open-Access, Open-Assessment Journal, De Gruyter, vol. 18(1), pages 1-17, January.
    18. Lars Calmfors & Giancarlo Corsetti & Seppo Honkapohja & Gilles Saint-Paul & Hans-Werner Sinn & John Kay & Jan-Egbert Sturm & Xavier Vives, 2006. "Chapter 5: Mergers and Competition Policy in Europe," EEAG Report on the European Economy, CESifo, vol. 0, pages 101-116, March.
    19. Duso, Tomaso & Gugler, Klaus & Yurtoglu, Burcin B., 2011. "How effective is European merger control?," European Economic Review, Elsevier, vol. 55(7), pages 980-1006.
    20. Gugler, Klaus & Szücs, Florian, 2013. "Spillover effects in oligopolistic markets," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79905, Verein für Socialpolitik / German Economic Association.
    21. Sumit K. Majumdar & Rabih Moussawi & Ulku Yaylacicegi, 2019. "Mergers and Wages in Digital Networks: a Public Interest Perspective," Journal of Industry, Competition and Trade, Springer, vol. 19(4), pages 583-615, December.
    22. Yan, Jia & Fu, Xiaowen & Oum, Tae Hoon & Wang, Kun, 2019. "Airline horizontal mergers and productivity: Empirical evidence from a quasi-natural experiment in China," International Journal of Industrial Organization, Elsevier, vol. 62(C), pages 358-376.
    23. Böing, Philipp & Müller, Elisabeth & Sandner, Philipp, 2013. "In-house R&D and External Knowledge Acquisition What Makes Chinese Firms Productive?," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 80037, Verein für Socialpolitik / German Economic Association.
    24. Shi, Guanming & Stiegert, Kyle & Chavas, Jean-Paul, 2009. "An Analysis of Bundle Pricing in Horizontal and Vertical Markets: The Case of the U.S. Cottonseed Market," Staff Paper Series 543, University of Wisconsin, Agricultural and Applied Economics.
    25. Oberhofer, Harald, 2010. "Employment effects of acquisitions: Evidence from acquired European firms," Working Papers in Economics 2010-10, University of Salzburg.
    26. Antonio Tesoriere, 2015. "Competing R&D joint ventures in Cournot oligopoly with spillovers," Journal of Economics, Springer, vol. 115(3), pages 231-256, July.
    27. Stiebale, Joel & Haucap, Justus, 2013. "How Mergers A ffect Innovation: Theory and Evidence," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79831, Verein für Socialpolitik / German Economic Association.
    28. Siebert, Ralph Bernd, 2017. "A structural model on the impact of prediscovery licensing and research joint ventures on innovation and product market efficiency," International Journal of Industrial Organization, Elsevier, vol. 54(C), pages 89-124.
    29. Tannista Banerjee & Ralph Siebert, 2013. "The Impact of R&D Cooperation on Drug Variety Offered on the Market: Evidence from the Pharmaceutical Industry," Auburn Economics Working Paper Series auwp2013-20, Department of Economics, Auburn University.
    30. Ralph B. Siebert, 2022. "What Determines Heterogeneous Merger Effects on Competitive Outcomes?," Journal of Industrial Economics, Wiley Blackwell, vol. 70(1), pages 217-256, March.
    31. Ben Ferrett & Joanna Poyago-Theotoky, 2016. "Horizontal Agreements and R&D Complementarities: Merger versus RJV," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 23(1), pages 87-107, February.
    32. Michelle Sovinsky, 2022. "Do Research Joint Ventures Serve a Collusive Function?," Journal of the European Economic Association, European Economic Association, vol. 20(1), pages 430-475.
    33. Linde, Sebastian & Siebert, Ralph B., 2023. "Exploring the incremental merger value from multimarket and technology arguments," International Journal of Industrial Organization, Elsevier, vol. 87(C).
    34. Lars Calmfors & Giancarlo Corsetti & Seppo Honkapohja & John Kay & Gilles Saint-Paul & Hans-Werner Sinn & Jan-Egbert Sturm & Xavier Vives, 2006. "EEAG European Economic Advisory Group at CESifo: Report on the European Economy 2006," EEAG Report on the European Economy, CESifo, vol. 0, pages 1-120, March.
    35. Delis, Manthos D & Tsionas, Efthymios, 2009. "The joint estimation of bank-level market power and efficiency," MPRA Paper 14040, University Library of Munich, Germany.
    36. Majumdar, Sumit K., 2015. "Competitor entry impact on jobs and wages in incumbent firms: retrospective evidence from a natural experiment," Business and Politics, Cambridge University Press, vol. 17(2), pages 291-326, August.
    37. Ralph Siebert & Zhili Tian, 2020. "Dynamic Mergers Effects on R&D Investments and Drug Development across Research Phases in the Pharmaceutical Industry," CESifo Working Paper Series 8303, CESifo.
    38. Marc Escrihuela-Villar, 2019. "On Mergers in a Stackelberg Market with Asymmetric Convex Costs," Journal of Industry, Competition and Trade, Springer, vol. 19(1), pages 21-32, March.
    39. Egger, Peter & Hahn, Franz R., 2010. "Endogenous bank mergers and their impact on banking performance: Some evidence from Austria," International Journal of Industrial Organization, Elsevier, vol. 28(2), pages 155-166, March.
    40. Nicholas G. Rupp & Kerry M. Tan, 2019. "Mergers And Product Quality: A Silver Lining From De‐Hubbing In The U.S. Airline Industry," Contemporary Economic Policy, Western Economic Association International, vol. 37(4), pages 652-672, October.
    41. Daniel Rondeau & Pascal Courty & Maurice Doyon, 2013. "Simultaneous Allocation of Bundled Goods Through Auctions: Assessing the Case for Joint Bidding," CIRANO Working Papers 2013s-37, CIRANO.
    42. Clark, Derek J. & Sand, Jan Yngve, 2009. "Endogenous Technology Sharing in R&D Intensive Industries," Economics Discussion Papers 2009-28, Kiel Institute for the World Economy (IfW Kiel).
    43. Jin‐Hyuk Kim & Liad Wagman & Abraham L. Wickelgren, 2019. "The impact of access to consumer data on the competitive effects of horizontal mergers and exclusive dealing," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 28(3), pages 373-391, June.
    44. Haucap, Justus & Stiebale, Joel, 2016. "How mergers affect innovation: Theory and evidence from the pharmaceutical industry," DICE Discussion Papers 218, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    45. Harris, Jeremiah & Siebert, Ralph, 2017. "Firm-specific time preferences and postmerger firm performance," International Journal of Industrial Organization, Elsevier, vol. 53(C), pages 32-62.
    46. James Gaisford & Stefan Lutz, 2007. "A Multi-Product Framework Generating Waves of Mergers and Divestitures," ICER Working Papers 36-2007, ICER - International Centre for Economic Research.
    47. Gamal Atallah, 2016. "Endogenous Efficiency Gains from Mergers," Southern Economic Journal, John Wiley & Sons, vol. 83(1), pages 202-235, July.
    48. Howell, Sabrina T., 2018. "Joint ventures and technology adoption: A Chinese industrial policy that backfired," Research Policy, Elsevier, vol. 47(8), pages 1448-1462.
    49. Rockett, Katharine, 2012. "Perspectives on the knowledge-based society: An introduction to the special issue," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 6, pages 1-22.
    50. Kimberly C. Gleason & Ike Mathur & Roy A. Wiggins, 2006. "The Use Of Acquisitions And Joint Ventures By U.S. Banks Expanding Abroad," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 29(4), pages 503-522, December.
    51. Stiebale, Joel, 2012. "Cross-Border M&A and Innovative Activity: Firm-Level Evidence," VfS Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century 62027, Verein für Socialpolitik / German Economic Association.
    52. Duarte Brito & Margarida Catalão‐Lopes, 2019. "Are Larger Merger Synergies Bad News for Consumers? Endogenous Post‐Merger Internal Organization," Scandinavian Journal of Economics, Wiley Blackwell, vol. 121(4), pages 1728-1756, October.
    53. Ralph Siebert, 2016. "The Impact of Horizontal Mergers on Market Structure: Evidence from the Semiconductor Industry," CESifo Working Paper Series 5911, CESifo.
    54. Saxell, Tanja & Nurminen, Mikko, 2020. "Physician Prices and Competition: Evidence from Acquisitions in the Private Health Care Sector," Working Papers 130, VATT Institute for Economic Research.
    55. Mahdiyeh Entezarkheir & Saeed Moshiri, 2019. "Is innovation a factor in merger decisions? Evidence from a panel of US firms," Empirical Economics, Springer, vol. 57(5), pages 1783-1809, November.
    56. Sovinsky, Michelle & Helland, Eric, 2019. "Do Research Joint Ventures Serve a Collusive Function?," CEPR Discussion Papers 13533, C.E.P.R. Discussion Papers.
    57. Mahdiyeh Entezarkheir & Saeed Moshiri, 2021. "Innovation spillover and merger decisions," Empirical Economics, Springer, vol. 61(5), pages 2419-2448, November.
    58. BOCCARD, Nicolas, 2009. "On efficiency, concentration and welfare," LIDAM Discussion Papers CORE 2009040, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    59. Le Huubinh B. & Yimga Jules, 2019. "Market Power and Marginal Cost Effects in Competing Markets: Evidence from Airline Mergers," Review of Network Economics, De Gruyter, vol. 18(2), pages 63-108, June.
    60. Mitsukuni Nishida & Nathan Yang, 2014. "Better Together? Retail Chain Performance Dynamics in Store Expansion Before and After Mergers," Working Papers 14-08, NET Institute.
    61. Yan He & Yung-ho Chiu & Bin Zhang, 2020. "Prevaluating Technical Efficiency Gains From Potential Mergers and Acquisitions in China’s Coal Industry," SAGE Open, , vol. 10(3), pages 21582440209, July.
    62. Tannista Banerjee & Ralph Siebert, 2017. "The Impact of R&D Cooperations and Mergers in Pharmaceuticals on Research Activities and Drugs Offered on the Market," Southern Economic Journal, John Wiley & Sons, vol. 84(1), pages 202-228, July.

  16. Klaus Gugler & Dennis C. Mueller & B. Burcin Yurtoglu, 2001. "Corporate Governance, Capital MarketDiscipline and the Returns on Investment," CIG Working Papers FS IV 01-25, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).

    Cited by:

    1. Bjuggren, Per-Olof & Eklund, Johan & Wiberg, Daniel, 2008. "Institutional Ownership and the Returns on Investment," Ratio Working Papers 128, The Ratio Institute.
    2. Eklund, Johan E, 2009. "One Share – One Vote: new evidence from the Nordic countries," Working Paper Series in Economics and Institutions of Innovation 168, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    3. Johan E. Eklund, 2009. "Corporate Governance and Investments in Scandinavia – Ownership Concentration and Dual-Class Equity Structure," Chapters, in: Per-Olof Bjuggren & Dennis C. Mueller (ed.), The Modern Firm, Corporate Governance and Investment, chapter 7, Edward Elgar Publishing.
    4. Nikolay Nenovsky & E. Peev & T. Yalamov, 2003. "Banks-Firms Nexus under the Currency Board: Empirical Evidence from Bulgaria," Post-Print halshs-00260046, HAL.
    5. Per-Olof Bjuggren & Johan Eklund & Daniel Wiberg, 2007. "Ownership structure, control and firm performance: the effects of vote-differentiated shares," Applied Financial Economics, Taylor & Francis Journals, vol. 17(16), pages 1323-1334.
    6. Christoph Walkner, 2004. "Issues in corporate governance," European Economy - Economic Papers 2008 - 2015 200, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.

  17. Geroski, Paul A & Gugler, Klaus Peter, 2001. "Corporate Growth Convergence in Europe," CEPR Discussion Papers 2838, C.E.P.R. Discussion Papers.

    Cited by:

    1. Thomas Brenner & Matthias Duschl, 2014. "Modelling Firm and Market Dynamics - A Flexible Model Reproducing Existing Stylized Facts," Working Papers on Innovation and Space 2014-07, Philipps University Marburg, Department of Geography.
    2. Segundo Camino-Mogro & Mary Armijos & Paul Vera-Gilces, 2022. "High-growth firms and international trade: evidence from Ecuador," Journal of Evolutionary Economics, Springer, vol. 32(1), pages 299-332, January.
    3. Keun-Seob Choi & Jeong-Dong Lee & Chulwoo Baek, 2016. "Growth of De Alio and De Novo firms in the new and renewable energy industry," Industry and Innovation, Taylor & Francis Journals, vol. 23(4), pages 295-312, May.
    4. Hessels, Jolanda & Parker, Simon C., 2013. "Constraints, internationalization and growth: A cross-country analysis of European SMEs," Journal of World Business, Elsevier, vol. 48(1), pages 137-148.
    5. Daunfeldt, Sven-Olov & Elert, Niklas & Lang, Åsa, 2011. "Does Gibrat’s Law Hold for Retailing? Evidence from Sweden," HUI Working Papers 47, HUI Research.
    6. Šarlija, Nataša & Bilandžić, Ana, 2018. "Does Innovation Matter for SMEs' growth in Croatia?," 6th International OFEL Conference on Governance, Management and Entrepreneurship. New Business Models and Institutional Entrepreneurs: Leading Disruptive Change (Dubrovnik, 2018), in: 6th International OFEL Conference on Governance, Management and Entrepreneurship. New Business Models and Institutional Entrepreneurs: Leading Disrupt, pages 356-375, Governance Research and Development Centre (CIRU), Zagreb.
    7. Eckey, Hans-Friedrich & Türck, Matthias, 2007. "Convergence of EU-Regions. A Literature Report," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 10, pages 5-32.
    8. Alex Coad, 2008. "Firms as bundles of discrete resources - towards an explanation of the exponential distribution of firm growth rates," Documents de travail du Centre d'Economie de la Sorbonne r08055, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    9. Sandra M. Leitner, 2015. "Firm growth and financing constraints in the NMS-10 and the Western Balkan countries – a comparative analysis," wiiw Balkan Observatory Working Papers 115, The Vienna Institute for International Economic Studies, wiiw.
    10. Enrico Santarelli & Hien Thu Tran, 2017. "Young innovative companies: Are they high performers in transition economies? Evidence for Vietnam," The Journal of Technology Transfer, Springer, vol. 42(5), pages 1052-1076, October.
    11. Coad, Alex & Daunfeldt, Sven-Olov & Halvarsson, Daniel, 2020. "Amundsen versus Scott: Are growth paths related to firm performance?," Ratio Working Papers 344, The Ratio Institute.
    12. Gerrit de Wit & Haibo Zhou, 2009. "Determinants and dimensions of firm growth," Scales Research Reports H200903, EIM Business and Policy Research.
    13. Thomas Brenner & Matthias Duschl, 2018. "Modeling Firm and Market Dynamics: A Flexible Model Reproducing Existing Stylized Facts on Firm Growth," Computational Economics, Springer;Society for Computational Economics, vol. 52(3), pages 745-772, October.
    14. Dudin, Mikhail Nikolaevich & Lyasnikov, Nikolaj Vasil'evich & Dzhurabaeva, Gulnora Kahramanovna & Dzhurabaev, Kahraman Tursunovich, 2015. "Economic and mathematical modeling of the costs of production in industrial enterprises," Published Papers d153, Russian Presidential Academy of National Economy and Public Administration.
    15. Alex Coad & Christina Guenther, 2014. "Processes of firm growth and diversification: theory and evidence," Small Business Economics, Springer, vol. 43(4), pages 857-871, December.
    16. Alaa Adden A. Abuhommous, 2017. "Net Working Capital and Firm Growth," International Review of Management and Marketing, Econjournals, vol. 7(4), pages 131-137.
    17. Alex Coad & Agustí Segarra & Mercedes Teruel, 2010. "Like milk or wine: Does firm performance improve with age?," Working Papers XREAP2010-10, Xarxa de Referència en Economia Aplicada (XREAP), revised Sep 2010.
    18. Alessio Moneta & Doris Entner & Patrik O. Hoyer & Alex Coad, 2013. "Causal Inference by Independent Component Analysis: Theory and Applications," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 75(5), pages 705-730, October.
    19. Coad, Alex & Segarra Blasco, Agustí, 1958- & Teruel, Mercedes, 2013. "Innovation and firm growth: Does firm age play a role?," Working Papers 2072/211886, Universitat Rovira i Virgili, Department of Economics.
    20. Kahsay Gerezihar Tsaedu & Zhihong Chen, 2021. "The Dynamics of Firm Growth in Sub-Saharan Africa: Evidence from Ethiopian Manufacturing Sector 1996–2017," Journal of Industry, Competition and Trade, Springer, vol. 21(3), pages 367-392, September.
    21. Harald Oberhofer & Michael Pfaffermayr, 2013. "Firm growth in multinational corporate groups," Empirical Economics, Springer, vol. 44(3), pages 1435-1453, June.
    22. Navyashree G. R. & Savita Bhat, 2016. "ICT Investments and Growth of Small and Medium Firms: A Study of Food Processing Industry in India," Working Papers id:11306, eSocialSciences.
    23. Harald Oberhofer, 2010. "Firm Growth, European Industry Dynamics and Domestic Business Cycles," WIFO Working Papers 377, WIFO.
    24. A. Arrighetti & L. Cattani & F. Landini & A. Lasagni, 2019. "Work Flexibility and Firm Growth," Economics Department Working Papers 2019-EP04, Department of Economics, Parma University (Italy).
    25. Oberhofer, Harald, 2010. "Employment effects of acquisitions: Evidence from acquired European firms," Working Papers in Economics 2010-10, University of Salzburg.
    26. Navyashree G. R. & Savita Bhat, 2018. "ICT Investments and Growth of Small and Medium Firms: A Study of Food Processing Industry in India," Working Papers id:12731, eSocialSciences.
    27. E. Ryabova V. & M. Samodelkina A. & Е. Рябова В. & М. Cамоделкина А., 2018. "Факторы Устойчивого Роста Российских Компаний // Factors Of Sustainable Growth Of Russian Companies," Финансы: теория и практика/Finance: Theory and Practice // Finance: Theory and Practice, ФГОБУВО Финансовый университет при Правительстве Российской Федерации // Financial University under The Government of Russian Federation, vol. 22(1), pages 104-117.
    28. Tang, Ali, 2014. "Does Gibrat’s Law Hold for Swedish Energy Firms?," HUI Working Papers 99, HUI Research.
    29. Alex Coad, 2022. "Lumps, Bumps and Jumps in the Firm Growth Process," Foundations and Trends(R) in Entrepreneurship, now publishers, vol. 18(4), pages 212-267, April.
    30. Alex Coad & Werner Hölzl, 2012. "Firm Growth: Empirical Analysis," Chapters, in: Michael Dietrich & Jackie Krafft (ed.), Handbook on the Economics and Theory of the Firm, chapter 24, Edward Elgar Publishing.
    31. Dudin, Mikhail & Nikolaj Vasil'evich Lyasnikov & Valentina Nikolaevna Sidorenko & Lidija Sergeevna Leont'va & Konstantin Jur'evich Reshetov, 2015. "Business Model Canvas as a basis for competitive advantage of enterprise structures in agroindustrial sphere (english version)," Published Papers d151e, Russian Presidential Academy of National Economy and Public Administration.
    32. Giorgio Barba Navaretti & Davide Castellani & Fabio Pieri, 2014. "Age and firm growth: evidence from three European countries," Small Business Economics, Springer, vol. 43(4), pages 823-837, December.
    33. Dudin, Mikhail & Prokofiev, Mikhail & Fedorova, Irina & Frygin, Aleksandr, 2014. "The World Experience of Transformation of Innovative Approaches to Assurance of Financial Stability of Social Economic Systems," Published Papers dud8, Russian Presidential Academy of National Economy and Public Administration.
    34. Cucculelli, Marco & Marchionne, Francesco, 2012. "Market opportunities and owner identity: Are family firms different?," Journal of Corporate Finance, Elsevier, vol. 18(3), pages 476-495.
    35. Alex Coad & Rekha Rao, 2011. "The firm-level employment effects of innovations in high-tech US manufacturing industries," Journal of Evolutionary Economics, Springer, vol. 21(2), pages 255-283, May.
    36. Alex Coad & Rekha Rao & Federico Tamagni, 2008. "Growth Processes of Italian Manufacturing Firms," Jena Economics Research Papers 2008-039, Friedrich-Schiller-University Jena.
    37. Bornhäll, Anders & Daunfeldt, Sven-Olov & Rudholm, Niklas, 2013. "Sleeping Gazelles: High Profits but No Growth," HUI Working Papers 91, HUI Research.
    38. Dirk Burghardt & Marco Helm, 2015. "Firm growth in the course of mergers and acquisitions," Small Business Economics, Springer, vol. 44(4), pages 889-904, April.
    39. Alex Coad, 2007. "Firm Growth and Scaling of Growth Rate Variance in Multiplant Firms," Jena Economics Research Papers 2007-101, Friedrich-Schiller-University Jena.
    40. Harabi, Najib, 2003. "Déterminants de la croissance des entreprises: Une analyse empirique du Maroc [Determinants of Firm Growth: An Empirical Analysis from Morocco]," MPRA Paper 4440, University Library of Munich, Germany.
    41. Richard Harris & John Moffat, 2011. "Plant-level Determinants of Total Factor Productivity in Great Britain, 1997-2006," SERC Discussion Papers 0064, Centre for Economic Performance, LSE.
    42. Coad, Alex & Frankish, Julian & Roberts, Richard G. & Storey, David J., 2013. "Growth paths and survival chances: An application of Gambler's Ruin theory," Journal of Business Venturing, Elsevier, vol. 28(5), pages 615-632.
    43. A. Arrighetti & A. Ninni, 2009. "Firm size and growth opportunities: a survey," Economics Department Working Papers 2009-EP05, Department of Economics, Parma University (Italy).
    44. Macuchova, Zuzana & Rudholm, Niklas & Tang, Aili, 2014. "Firm growth in the Swedish energy sector: Will large firms become even more dominant?," HUI Working Papers 104, HUI Research.
    45. Golikova Victoria & Kuznetsov Boris, 2016. "The Role of Innovation and Globalization Strategies in Post-Crisis Recovery," HSE Working papers WP BRP 123/EC/2016, National Research University Higher School of Economics.
    46. Harabi, Najib, 2005. "Determinants of Firm Growth: An Empirical Analysis from Morocco," MPRA Paper 4394, University Library of Munich, Germany.
    47. Dudin, Mikhail & Ljasnikov, Nikolaj & Yahyaev, Magomedsaid & Kuznetzov, Aleksandr, 2014. "The organization approaches peculiarities of an industrial enterprises financial management," Published Papers 9, Russian Presidential Academy of National Economy and Public Administration.
    48. Dudin, Mikhail & Nikolaj Vasil'evich Lyasnikov & Valentina Nikolaevna Sidorenko & Lidija Sergeevna Leont'va & Konstantin Jur'evich Reshetov, 2015. "Business Model Canvas as a basis for competitive advantage of enterprise structures in agroindustrial sphere," Published Papers d151, Russian Presidential Academy of National Economy and Public Administration.
    49. Alex Coad & Stjepan Srhoj, 2020. "Catching Gazelles with a Lasso: Big data techniques for the prediction of high-growth firms," Small Business Economics, Springer, vol. 55(3), pages 541-565, October.
    50. Yung, Kenneth & Nguyen, Trung, 2020. "Managerial ability, product market competition, and firm behavior," International Review of Economics & Finance, Elsevier, vol. 70(C), pages 102-116.
    51. Daunfeldt, Sven-Olov & Elert, Niklas, 2010. "When is Gibrat's Law a Law?," Ratio Working Papers 158, The Ratio Institute.
    52. Jan de Kok & Haibo Zhou & Chantal Hartog, 2012. "The risk of growing fast," Scales Research Reports H201119, EIM Business and Policy Research.
    53. Nedelchev, Miroslav, 2012. "Корпоративно Управление На Финансови Посредници: Конвергенция И Дивергенция [Corporate Governance Of Financial Intermediaries: Convergence And Divergence]," MPRA Paper 52268, University Library of Munich, Germany.
    54. Aili Tang, 2015. "Does Gibrat’s law hold for Swedish energy firms?," Empirical Economics, Springer, vol. 49(2), pages 659-674, September.
    55. Alex Coad & Clemens Domnick & Florian Flachenecker & Peter Harasztosi & Mario Lorenzo Janiri & Rozalia Pal & Mercedes Teruel, 2022. "Capacity constraints as a trigger for high growth," Small Business Economics, Springer, vol. 59(3), pages 893-923, October.
    56. Marco Bellucci, 2010. "Fusioni ed acquisizioni: determinanti ed effetti in un confronto europeo," Quaderni del Dipartimento di Economia, Finanza e Statistica 80/2010, Università di Perugia, Dipartimento Economia.
    57. Habermann, Harald, 2017. "Business takeovers and firm growth: Empirical evidence from a German panel," Working Papers 01/17, Institut für Mittelstandsforschung (IfM) Bonn.
    58. Nedelchev, Miroslav, 2012. "Corporate governance of financial intermediaries: convergence and divergence," MPRA Paper 53939, University Library of Munich, Germany.
    59. John Goddard & David McMillan & John Wilson, 2006. "Do firm sizes and profit rates converge? Evidence on Gibrat's Law and the persistence of profits in the long run," Applied Economics, Taylor & Francis Journals, vol. 38(3), pages 267-278.
    60. Daria Ciriaci & Pietro Moncada-Paternò-Castello & Peter Voigt, 2016. "Innovation and job creation: a sustainable relation?," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 6(2), pages 189-213, August.
    61. Coad, Alexander & Bauer, Péter & Domnick, Clemens & Harasztosie, Péter & Pál, Rozália & Teruel, Mercedes, 2023. "Which European firms were hardest hit by COVID-19?," EIB Working Papers 2023/05, European Investment Bank (EIB).
    62. Alex Coad & Jaganaddha Tamvada, 2012. "Firm growth and barriers to growth among small firms in India," Small Business Economics, Springer, vol. 39(2), pages 383-400, September.
    63. Alexander Coad & Jagannadha Pawan Tamvada, 2008. "The Growth and Decline of Small firms In Developing Countries," Papers on Economics and Evolution 2008-08, Philipps University Marburg, Department of Geography.
    64. Coad, Alexander & Domnick, Clemens & Flachenecker, Florian & Harasztosi, Peter & Janiri, Mario Lorenzo & Pál, Rozália & Teruel Carrizosa, Mercedes, 2021. "Do capacity constraints trigger high growth for enterprises?," EIB Working Papers 2021/08, European Investment Bank (EIB).
    65. Daunfeldt, Sven-Olov & Lang, Åsa & Macuchova, Zuzana & Rudholm, Niklas, 2011. "Firm Growth in the Retail and Wholesale Trade Sectors – Evidence from Sweden," HUI Working Papers 50, HUI Research.
    66. A. Arrighetti & F. Landini & A. Lasagni, 2016. "Swimming Upstream Throughout the Turmoil: Evidence on Firm Growth During the Great Recession," Economics Department Working Papers 2016-EP04, Department of Economics, Parma University (Italy).
    67. Goddard, John & Tavakoli, Manouche & Wilson, John O.S., 2009. "Sources of variation in firm profitability and growth," Journal of Business Research, Elsevier, vol. 62(4), pages 495-508, April.
    68. Ghosh, Saibal, 2009. "Do productivity and ownership really matter for growth? Firm-level evidence," Economic Modelling, Elsevier, vol. 26(6), pages 1403-1413, November.
    69. Eckey, Hans-Friedrich & Türck, Matthias, 2005. "Convergence of EU-regions: A literature report," Volkswirtschaftliche Diskussionsbeiträge 80, University of Kassel, Faculty of Economics and Management.
    70. Jan de Kok & Haibo Zhou & Chantal Hartog & Peter van der Zwan, 2012. "The Risk of growing fast: does fast growth have a negative impact on the survival rates of firms?," Scales Research Reports H201209, EIM Business and Policy Research.
    71. Martin Falk, 2008. "Testing Gibrat's Law for European Multinational Enterprises," WIFO Studies, WIFO, number 34231, March.
    72. Dudin, Mikhail Nikolaevich & Lyasnikov, Nikolaj Vasil'evich & Dzhurabaeva, Gulnora Kahramanovna & Dzhurabaev, Kahraman Tursunovich, 2015. "Economic and mathematical modeling of the costs of production in industrial enterprises (english version)," Published Papers d153e, Russian Presidential Academy of National Economy and Public Administration.
    73. Marko Peric & Vanja Vitezic, 2016. "Impact of global economic crisis on firm growth," Small Business Economics, Springer, vol. 46(1), pages 1-12, January.
    74. Marc Cowling & Weixi Liu & Ning Zhang, 2018. "Did firm age, experience, and access to finance count? SME performance after the global financial crisis," Journal of Evolutionary Economics, Springer, vol. 28(1), pages 77-100, January.

  18. Klaus Gugler & Dennis C. Mueller & B. Burcin Yurtoglu & Christine Zulehner, 2001. "The Effects of Mergers: An International Comparison," CIG Working Papers FS IV 01-21, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).

    Cited by:

    1. Panayotis Dessyllas & Alan Hughes, 2005. "R&D and Patenting Activity and the Propensity to Acquire in High Technology Industries," Working Papers wp298, Centre for Business Research, University of Cambridge.
    2. Johannes Boehm & Jan Sonntag, 2018. "Vertical Integration and Foreclosure: Evidence from Production Network Data," SciencePo Working papers Main hal-03393115, HAL.
    3. Gugler, Klaus & Szücs, Florian, 2016. "Merger externalities in oligopolistic markets," International Journal of Industrial Organization, Elsevier, vol. 47(C), pages 230-254.
    4. Andreea Cosnita-Langlais, 2008. "Horizontal market concentration: Theoretical insights from the spatial models," Working Papers hal-04140709, HAL.
    5. Frey, Rainer & Hussinger, Katrin, 2006. "The Role of Technology in M&As: A Firm Level Comparison of Cross-Border and Domestic Deals," ZEW Discussion Papers 06-069, ZEW - Leibniz Centre for European Economic Research.
    6. Olivier Bertrand & Pluvia Zuniga, 2004. "R&D and M&A: Are cross-border M&A different? An investigation on OECD countries," Cahiers de la Maison des Sciences Economiques bla04072, Université Panthéon-Sorbonne (Paris 1).
    7. Gabriel Desgranges & Stéphane Gauthier, 2015. "Rationalizability and Efficiency in an Asymmetric Cournot Oligopoly," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00975002, HAL.
    8. Qing Liu & Larry D. Qiu & Zhigang Li, 2016. "Foreign Acquisitions in China and Multinationals’ Global Market Strategy," Review of Development Economics, Wiley Blackwell, vol. 20(1), pages 87-100, February.
    9. Patrice Bougette & Florent Venayre, 2008. "Contrôles a priori et a posteriori des concentrations : comment augmenter l'efficacité des politiques de concurrence ?," Post-Print halshs-00463953, HAL.
    10. Ivaldi, Marc & Motis, Jrissy, 2007. "Mergers as Auctions," IDEI Working Papers 461, Institut d'Économie Industrielle (IDEI), Toulouse.
    11. Joseph A. Clougherty & Tomaso Duso, 2010. "Using Rival Effects to Identify Synergies and Improve Merger Typologies," CIG Working Papers SP II 2010-13, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    12. Maria Brouwer, 2008. "Horizontal mergers and efficiencies; theory and anti trust practice," European Journal of Law and Economics, Springer, vol. 26(1), pages 11-26, August.
    13. Gugler, Klaus & Mueller, Dennis C. & Weichselbaumer, Michael, 2012. "The determinants of merger waves: An international perspective," International Journal of Industrial Organization, Elsevier, vol. 30(1), pages 1-15.
    14. Odero Naor Juma & Peter T. Wawire & Prof. John Byaruhanga & Ochieng Okaka & Odhiambo Odera, 2012. "Impact of bank mergers on shareholders’ wealth," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 2(6), pages 162-177, November.
    15. Peter L. Ormosi, 2009. "Determinants of the success of remedy offers: Evidence from European Community mergers," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) 2009-11, Centre for Competition Policy, University of East Anglia, Norwich, UK..
    16. Kjell Erik Lommerud & Odd Rune Straume & Lars Sørgard, 2006. "National versus international mergers in unionized oligopoly," RAND Journal of Economics, RAND Corporation, vol. 37(1), pages 212-233, March.
    17. Rabah Amir & Effrosyni Diamantoudi & Licun Xue, 2006. "Merger Performance Under Uncertain Efficiency Gains," Departmental Working Papers 2005-07, McGill University, Department of Economics.
    18. von Eije, Henk & Wiegerinck, Hélène, 2010. "Shareholders' reactions to announcements of acquisitions of private firms: Do target and bidder markets make a difference?," International Business Review, Elsevier, vol. 19(4), pages 360-377, August.
    19. Ralph B. Siebert, 2019. "Estimating Differential Dynamic Merger Effects on Market Structure and Entry in Related Markets," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 55(3), pages 431-458, November.
    20. Malhotra, Shavin & Zhu, PengCheng, 2013. "Paying for cross-border acquisitions: The impact of prior acquirers’ decisions," Journal of World Business, Elsevier, vol. 48(2), pages 271-281.
    21. Chopard, Bertrand & Cortade, Thomas & Cosnita-Langlais, Andreea, 2015. "Success and failure of bargaining in merger control: The case of asset divestitures," Economic Modelling, Elsevier, vol. 49(C), pages 254-259.
    22. Lougui, Monia & Broström, Anders, 2016. "New firm formation in the wake of mergers and acquisitions: Are employees pushed or pulled into entrepreneurship?," Working Paper Series in Economics and Institutions of Innovation 427, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    23. Fabian Homberg & Katja Rost & Margit Osterloh, 2009. "Do synergies exist in related acquisitions? A meta-analysis of acquisition studies," Review of Managerial Science, Springer, vol. 3(2), pages 75-116, July.
    24. Walter Ferrarese, 2020. "When Multiple Merged Entities Lead in Stackelberg Oligopolies," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 56(1), pages 131-142, February.
    25. Onur A. Koska & Ilke Onur & Frank Stähler, 2018. "The scope of auctions in the presence of downstream interactions and information externalities," Journal of Economics, Springer, vol. 125(2), pages 107-136, October.
    26. Lars Calmfors & Giancarlo Corsetti & Seppo Honkapohja & Gilles Saint-Paul & Hans-Werner Sinn & John Kay & Jan-Egbert Sturm & Xavier Vives, 2006. "Chapter 5: Mergers and Competition Policy in Europe," EEAG Report on the European Economy, CESifo, vol. 0, pages 101-116, March.
    27. Oliver Budzinski & Jürgen-Peter Kretschmer, 2009. "Implications of Unprofitable Horizontal Mergers: A Positive External Effect does not Suffice to Clear a Merger!," Working Papers 84/09, University of Southern Denmark, Department of Sociology, Environmental and Business Economics.
    28. Czarnitzki, Dirk & Kraft, Kornelius, 2001. "Unternehmensleitung und Innovationserfolg," ZEW Discussion Papers 01-70, ZEW - Leibniz Centre for European Economic Research.
    29. Duso, Tomaso & Gugler, Klaus & Yurtoglu, Burcin B., 2011. "How effective is European merger control?," European Economic Review, Elsevier, vol. 55(7), pages 980-1006.
    30. Cabolis, C. & Manasakis, C., 2016. "R&D investments fostering horizontal mergers," UC3M Working papers. Economics 23280, Universidad Carlos III de Madrid. Departamento de Economía.
    31. Lin Lin & Hsien-Chang Kuo & I-Liang Lin, 2008. "Merger and optimal number of firms: an integrated simulation approach," Applied Economics, Taylor & Francis Journals, vol. 40(18), pages 2413-2421.
    32. Philippe Choné & Laurent Linnemer, 2006. "Assessing Horizontal Mergers under Uncertain Efficiency Gains," CESifo Working Paper Series 1726, CESifo.
    33. Martynova, M. & Oosting, S. & Renneboog, L.D.R., 2006. "The Long-Term Operating Performance of European Mergers and Acquisitions," Other publications TiSEM b151ad28-feca-4664-a91d-8, Tilburg University, School of Economics and Management.
    34. Görg, Holger & Manchin, Miriam & Hijzen, Alexander, 2007. "Cross-Border Mergers & Acquisitions and the Role of Trade Costs," CEPR Discussion Papers 6397, C.E.P.R. Discussion Papers.
    35. Ajit SINGH, 2002. "Competition And Competition Policy In Emerging Markets: International And Developmental Dimensions," G-24 Discussion Papers 18, United Nations Conference on Trade and Development.
    36. Kenta Tanaka and Shunsuke Managi, 2013. "Measuring Productivity Gains from Deregulation of the Japanese Urban Gas Industry," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
    37. Boone, J., 2006. "Firms Merge in Response to Constraints," Discussion Paper 2006-60, Tilburg University, Center for Economic Research.
    38. J. Peter Neary, 2004. "Cross-border mergers as instruments of comparative advantage," Working Papers 200404, School of Economics, University College Dublin.
    39. Martynova, M. & Renneboog, L.D.R., 2005. "Takeover Waves : Triggers, Performance and Motives," Discussion Paper 2005-029, Tilburg University, Tilburg Law and Economic Center.
    40. Steven Brakman & Harry Garretsen & Charles van Marrewijk & Charles van Marrewijk, 2006. "Cross-Border Mergers & Acquisitions: The Facts as a Guide for International Economics," CESifo Working Paper Series 1823, CESifo.
    41. Carles Méndez-Ortega & Mercedes Teruel, 2020. "To acquire or not to acquire: the effects of acquisitions in the software industry," Journal of Evolutionary Economics, Springer, vol. 30(3), pages 793-814, July.
    42. Rahman, Mahabubur & Lambkin, Mary & Hussain, Dildar, 2016. "Value creation and appropriation following M&A: A data envelopment analysis," Journal of Business Research, Elsevier, vol. 69(12), pages 5628-5635.
    43. Fiocco, Raffaele & Guo, Dongyu, 2014. "Mergers between regulated firms with unknown efficiency gains," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 464, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    44. Bilotkach, Volodymyr & Hüschelrath, Kai, 2012. "Airline alliances and antitrust policy: The role of efficiencies," Journal of Air Transport Management, Elsevier, vol. 21(C), pages 76-84.
    45. Joseph A. Clougherty & Tomaso Duso, 2008. "The Impact of Horizontal Mergers on Rivals: Gains to Being Left Outside a Merger," CIG Working Papers SP II 2008-17r, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG), revised Feb 2009.
    46. Joseph Clougherty & Anming Zhang, 2005. "Export orientation and domestic merger policy: theory and some empirical evidence," Canadian Journal of Economics, Canadian Economics Association, vol. 38(3), pages 778-806, August.
    47. Andreas Haufler & Christian Schulte, 2011. "Merger policy and tax competition: the role of foreign firm ownership," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 18(2), pages 121-145, April.
    48. Szücs, Florian, 2014. "M&A and R&D: Asymmetric Effects on acquirers and targets?," Research Policy, Elsevier, vol. 43(7), pages 1264-1273.
    49. Elisa Barbieri & Manli Huang & Shenglei Pi & Mattia Tassinari, 2017. "Restructuring the Production of Medicines: An Investigation on the Pharmaceutical Sector in China and the Role of Mergers and Acquisitions," IJERPH, MDPI, vol. 14(10), pages 1-21, October.
    50. Steven Brakman & Harry Garretsen & Charles Van Marrewijk & Arjen Van Witteloostuijn, 2013. "Cross‐Border Merger & Acquisition Activity and Revealed Comparative Advantage in Manufacturing Industries," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 22(1), pages 28-57, March.
    51. Donald S. Siegel & Kenneth L. Simons & Tomas Lindstrom, 2009. "Ownership Change, Productivity, and Human Capital: New Evidence from Matched Employer-Employee Data," NBER Chapters, in: Producer Dynamics: New Evidence from Micro Data, pages 397-442, National Bureau of Economic Research, Inc.
    52. Klaus Gugler & Dennis C. Mueller & B. Burcin Yurtoglu & Christine Zulehner, 2001. "Effekte von Fusionen in Kontinentaleuropa und Deutschland," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 70(2), pages 204-213.
    53. Van Beers, Cees & Dekker, Ronald, 2009. "Acquisitions, Divestitures and Innovation Performance in the Netherlands," MPRA Paper 13464, University Library of Munich, Germany.
    54. Utz Weitzel & Sjors Berns, 2006. "Cross-border takeovers, corruption, and related aspects of governance," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 37(6), pages 786-806, November.
    55. Neven, Damien & Röller, Lars-Hendrik & Duso, Tomaso, 2003. "The Political Economy of European Merger Control: Evidence Using Stock Market Data," CEPR Discussion Papers 3880, C.E.P.R. Discussion Papers.
    56. Utz Weitzel & Killian J. McCarthy, 2011. "Theory and evidence on mergers and acquisitions by small and medium enterprises," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 14(2/3), pages 248-275.
    57. Jrisy Motis, 2007. "Mergers and Acquisitions Motives," Working Papers 0730, University of Crete, Department of Economics.
    58. Oberhofer, Harald, 2010. "Employment effects of acquisitions: Evidence from acquired European firms," Working Papers in Economics 2010-10, University of Salzburg.
    59. Agyei-Boapeah, Henry, 2019. "Foreign acquisitions and firm performance: The moderating role of prior foreign experience," Global Finance Journal, Elsevier, vol. 42(C).
    60. Cees van Beers & Bert Sadowski, 2003. "On the Relationship Between Acquisitions, Divestitures and Innovations: An Explorative Study," Journal of Industry, Competition and Trade, Springer, vol. 3(1), pages 131-143, March.
    61. Christine Brown & Carlson Fung, 2009. "Keiretsu Affiliation And Stock‐Market‐Driven Acquisitions," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 32(4), pages 479-503, December.
    62. Ignat Stepanok, 2015. "Cross-border Mergers and Greenfield Foreign Direct Investment," Review of International Economics, Wiley Blackwell, vol. 23(1), pages 111-136, February.
    63. Federico J. Díez & Alan C. Spearot, 2014. "Core competencies, matching and the structure of foreign direct investment," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 47(3), pages 813-855, August.
    64. Chih-Ching Yang, 2014. "An enhanced DEA model for decomposition of technical efficiency in banking," Annals of Operations Research, Springer, vol. 214(1), pages 167-185, March.
    65. Wößner, Nicole & Stiebale, Joel, 2017. "M&As, Investment and Financing Constraints," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168064, Verein für Socialpolitik / German Economic Association.
    66. Odero Naor Juma & Peter T. Wawire & Prof. John Byaruhanga & Ochieng Okaka & Odhiambo Odera, 2012. "Impact of bank mergers on shareholders’ wealth," International Journal of Business and Social Research, LAR Center Press, vol. 2(6), pages 162-177, November.
    67. Martynova, Marina & Renneboog, Luc, 2008. "A century of corporate takeovers: What have we learned and where do we stand?," Journal of Banking & Finance, Elsevier, vol. 32(10), pages 2148-2177, October.
    68. Katrien Craninckx & Nancy Huyghebaert, 2011. "Can Stock Markets Predict M&A Failure? A Study of European Transactions in the Fifth Takeover Wave," European Financial Management, European Financial Management Association, vol. 17(1), pages 9-45, January.
    69. Vinogradova, V., 2024. "The upside-down world of value capture. Do companies in technology sector follow the principles of profitable growth?," Journal of the New Economic Association, New Economic Association, vol. 62(1), pages 171-195.
    70. Van Biesebroeck, Johannes & Geurts, Karen, 2017. "Employment growth following takeovers," CEPR Discussion Papers 12167, C.E.P.R. Discussion Papers.
    71. Haufler, Andreas & Nielsen, Søren Bo, 2008. "Merger policy to promote ’global players’? A simple model," Munich Reprints in Economics 20406, University of Munich, Department of Economics.
    72. Shekhar, Shiva & Wey, Christian, 2017. "Uncertain merger synergies, passive partial ownership, and merger control," DICE Discussion Papers 260, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    73. Jaroslava Rajchlová & Anna Fedorová & Kristina Somerlíková & Libor Grega, 2019. "Assessment of Impact of Capital Acquisitions on the Economic Situation of Consolidated Entities in the Czech Republic," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 67(5), pages 1335-1345.
    74. Ralph M. Sonenshine, 2011. "Why Mergers Fail," Working Papers 2011-05 JEL classificatio, American University, Department of Economics.
    75. Andreas Haufler & Christian Schulte, 2007. "Merger Policy and Tax Competition," CESifo Working Paper Series 2157, CESifo.
    76. Oldford, Erin & Otchere, Isaac, 2016. "Are cross-border acquisitions enemy of labor? An examination of employment and productivity effects," Pacific-Basin Finance Journal, Elsevier, vol. 40(PB), pages 438-455.
    77. Shams, Syed M.M. & Gunasekarage, Abeyratna, 2016. "Operating performance following corporate acquisitions: Does the organisational form of the target matter?," Journal of Contemporary Accounting and Economics, Elsevier, vol. 12(1), pages 1-14.
    78. Stephen Martin, 2012. "Market Structure and Market Performance," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 40(2), pages 87-108, March.
    79. Claire E. Ashton-James & Killian J. McCarthy & Anca Dranca-Iacoban, 2011. "Power, and the Destruction of Value in Mergers and Acquisitions," Chapters, in: Killian J. McCarthy & Maya Fiolet & Wilfred Dolfsma (ed.), The Nature of the New Firm, chapter 1, Edward Elgar Publishing.
    80. Joseph A. Clougherty & Jin Uk Kim & Bradley R. Skousen & Florian Szücs, 2017. "The Foundations of International Business: Cross-Border Investment Activity and the Balance between Market-Power and Efficiency Effects," Journal of Management Studies, Wiley Blackwell, vol. 54(3), pages 340-365, May.
    81. Frey, Rainer & Goldbach, Stefan, 2021. "Benefits of internationalisation for acquirers and targets - But unevenly distributed," Discussion Papers 33/2021, Deutsche Bundesbank.
    82. Ralph Siebert & Klaus Gugler, 2004. "Market Power versus Efficiency Effects of Mergers and Research Joint Ventures: Evidence from the Semiconductor Industry," NBER Working Papers 10323, National Bureau of Economic Research, Inc.
    83. Borell, Mariela & Heger, Diana, 2013. "Sources of value creation through private equity-backed mergers and acquisitions: The case of buy-and-build strategies," ZEW Discussion Papers 13-094, ZEW - Leibniz Centre for European Economic Research.
    84. Amrita Ray Chaudhuri, 2014. "Cross-Border Mergers and Market Segmentation," Journal of Industrial Economics, Wiley Blackwell, vol. 62(2), pages 229-257, June.
    85. Martynova, M., 2006. "The market for corporate control and corporate governance regulation in Europe," Other publications TiSEM 8651e281-4914-41f2-ac14-1, Tilburg University, School of Economics and Management.
    86. Massimo FLORIO & Matteo FERRARIS & Daniela VANDONE, 2018. "State-Owned Enterprises: Rationales for Mergers and Acquisitions," CIRIEC Working Papers 1801, CIRIEC - Université de Liège.
    87. Svetlana Grigorieva & Tatiana Petrunina, 2015. "The performance of mergers and acquisitions in emerging capital markets: new angle," Journal of Management Control: Zeitschrift für Planung und Unternehmenssteuerung, Springer, vol. 26(4), pages 377-403, October.
    88. E. Cefis & A. Sabidussi & E.J.J Schenk, 2007. "Do mergers of potentially dominant firms foster innovation? An empirical analysis for the manufacturing sector," Working Papers 07-20, Utrecht School of Economics.
    89. Panayotis Dessyllas & Alan Hughes, 2005. "The revealed preferences of high technology acquirers: an analysis of the characteristics of their targets," Working Papers wp306, Centre for Business Research, University of Cambridge.
    90. Steven Brakman & Harry Garretsen & Charles van Marrewijk, 2007. "Cross-border Mergers and Acquisitions: On Revealed Comparative Advantage And Merger Waves," Tinbergen Institute Discussion Papers 08-013/2, Tinbergen Institute.
    91. Adelina Gschwandtner, 2004. "Evolution of Profit Persistence in the US: Evidence from four 20-years periods," Vienna Economics Papers vie0410, University of Vienna, Department of Economics.
    92. TEUSCH, Jonas, 2016. "Merger Incentives Under Yardstick Competition : a Theoretical Model," LIDAM Discussion Papers CORE 2016037, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    93. Anna Cabigiosu & Francesco Zirpoli & Markus Becker, 2014. "Developing shared product platforms during a merger: The Fiat-Chrysler case," Working Papers 11, Venice School of Management - Department of Management, Università Ca' Foscari Venezia.
    94. Håkanson, Lars & Kappen, Philip, 2016. "Live and let die: A survival analysis of foreign R&D units in Swedish MNEs," International Business Review, Elsevier, vol. 25(6), pages 1185-1196.
    95. de Fuentes, Cristina & García Benau, María Antonia & Pucheta Martínez, María Consuelo & Ruiz Barbadillo, Emiliano, 2015. "El éxito de los procesos de fusión en el mercado de auditoría: el caso de PriceWaterhouseCoopers," Revista de Contabilidad - Spanish Accounting Review, Elsevier, vol. 18(1), pages 55-67.
    96. Cabolis, C. & Manasakis, C. & Moreno, D. & Petrakis, E., 2021. "The interactions of R&D investments and horizontal mergers," Journal of Economic Behavior & Organization, Elsevier, vol. 187(C), pages 507-534.
    97. Svetlana Grigorieva & Tatiana Petrunina, 2013. "The performance of mergers and acquisitions in emerging capital markets: new evidence," HSE Working papers WP BRP 20/FE/2013, National Research University Higher School of Economics.
    98. Egger, Peter & Hahn, Franz R., 2010. "Endogenous bank mergers and their impact on banking performance: Some evidence from Austria," International Journal of Industrial Organization, Elsevier, vol. 28(2), pages 155-166, March.
    99. Gangopadhyay, Partha, 2014. "Dynamics of mergers, bifurcation and chaos: A new framework," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 403(C), pages 293-307.
    100. Fumagalli, Eileen & Vasconcelos, Helder, 2009. "Sequential cross-border mergers," International Journal of Industrial Organization, Elsevier, vol. 27(2), pages 175-187, March.
    101. NAKIL SUNG & Michael Gort, 2006. "Mergers, Capital Gains, And Productivity: Evidence From U.S. Telecommunications Mergers," Contemporary Economic Policy, Western Economic Association International, vol. 24(3), pages 382-394, July.
    102. Dong‐Hun Kim, 2010. "Making or Breaking a Deal: the Impact of Electoral Systems on Mergers & Acquisitions," Kyklos, Wiley Blackwell, vol. 63(3), pages 432-449, August.
    103. Borja Mesa-Sánchez, 2017. "Preemptive Mergers in a Vertically Differentiated Unionized Oligopoly," Manchester School, University of Manchester, vol. 85(5), pages 511-540, September.
    104. Vancea Mariana, 2011. "European Cross-Border Mergers And Acquisitions- Realities And Perspectives," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 306-313, July.
    105. Hoa Luong & Abeyratna Gunasekarage & Syed Shams, 2021. "CEO pay slice and acquisitions in Australia: the role of tournament incentives," International Journal of Managerial Finance, Emerald Group Publishing Limited, vol. 18(5), pages 833-868, September.
    106. Albert Banal-Estañol & Jo Seldeslachts, 2005. "Merger Failures," CIG Working Papers SP II 2005-09, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    107. Gugler, Klaus & Yurtoglu, B. Burcin, 2004. "The effects of mergers on company employment in the USA and Europe," International Journal of Industrial Organization, Elsevier, vol. 22(4), pages 481-502, April.
    108. Christos Cabolis & Constantine Manasakis & Emmanuel Petrakis, 2008. "Horizontal Mergers and Acquisitions with Endogenous Efficiency Gains," Working Papers 0817, University of Crete, Department of Economics.
    109. Méndez Ortega, Carles, & Teruel, Mercedes, 2018. "To acquire or not to acquire: Mergers and Acquisitions in the Software Industry," Working Papers 2072/307043, Universitat Rovira i Virgili, Department of Economics.
    110. Saeed, Abubakr & Riaz, Hammad & Baloch, Muhammad Saad, 2022. "Institutional voids, liability of origin, and presence of women in TMT of emerging market multinationals," International Business Review, Elsevier, vol. 31(4).
    111. Andy Cosh & Paul Guest & Alan Hughes, 2007. "UK Corporate Governance and Takeover Performance," Working Papers wp357, Centre for Business Research, University of Cambridge.
    112. Junmao Chiu & Huimin Chung & Shih-Chang Hung, 2018. "The Impact Of A Cross-Border Conglomerate Merger On The Target Firm And Its Rivals - A Case Study Of Foxconn’S Acquisition Of Sharp," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 12(1), pages 263-277.
    113. Reddy, Kotapati Srinivasa, 2015. "Determinants of Cross-border Mergers and Acquisitions: A Comprehensive Review and Future Direction," MPRA Paper 63969, University Library of Munich, Germany, revised 2015.
    114. Yen, Tze-Yu & Andre, Paul, 2007. "Ownership structure and operating performance of acquiring firms: The case of English-origin countries," Journal of Economics and Business, Elsevier, vol. 59(5), pages 380-405.
    115. Ekaterina Emm & Jayant Kale, 2006. "Efficiency Implications of Corporate Diversification: Evidence from Micro Data," Working Papers 06-26, Center for Economic Studies, U.S. Census Bureau.
    116. Shantanu Dutta & Vinod Kumar, 2009. "Mergers and Acquisitions (M&AS) by R&D Intensive Firms," JRFM, MDPI, vol. 2(1), pages 1-37, December.
    117. Kwoka, John & Pollitt, Michael, 2010. "Do mergers improve efficiency? Evidence from restructuring the US electric power sector," International Journal of Industrial Organization, Elsevier, vol. 28(6), pages 645-656, November.
    118. Michael Böheim, 2008. "The Role of Competition Policy in the Fight against Inflation. An Overview of Possible Short-term Measures to Intensify Competition," Austrian Economic Quarterly, WIFO, vol. 13(4), pages 171-183, December.
    119. James Gaisford & Stefan Lutz, 2007. "A Multi-Product Framework Generating Waves of Mergers and Divestitures," ICER Working Papers 36-2007, ICER - International Centre for Economic Research.
    120. Pagel, Beatrice & Wey, Christian, 2013. "How to counter union power? Equilibrium mergers in international oligopoly," DICE Discussion Papers 89, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    121. HAMZA Taher & SGHAIER Adnène & THRAYA Mohamed Firas, 2016. "How Do Takeovers Create Synergies? Evidence From France," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 11(1), pages 54-72, April.
    122. Kamerbeek, S.P., 2009. "Merger Performance and Efficiencies in Horizontal Merger Policy in the US and the EU," MPRA Paper 18064, University Library of Munich, Germany.
    123. Johannes Becker & Clemens Fuest, 2008. "Tax Competition – Greenfield Investment versus Mergers and Acquisitions," CESifo Working Paper Series 2247, CESifo.
    124. Zorica Kalezić, 2015. "Ownership Concentration and Firm Performance in Transition Economies: Evidence from Montenegro," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 4(3), pages 5-64.
    125. Duso, Tomaso & Gugler, Klaus & Yurtoglu, Burcin B., 2006. "Is the Event Study Methodology Useful for Merger Analysis? A Comparison of Stock Market and Accounting Data," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 163, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    126. Charles van Marrewijk & Gus Garita, 2008. "Countries of a Feather flock together," Tinbergen Institute Discussion Papers 08-067/2, Tinbergen Institute, revised 19 Sep 2008.
    127. Budzinski, Oliver & Kretschmer, Jürgen-Peter, 2015. "Unprofitable horizontal mergers, external effects, and welfare," Ilmenau Economics Discussion Papers 96, Ilmenau University of Technology, Institute of Economics.
    128. John Conybeare & Dong‐Hun Kim, 2010. "Barbarians at the Gates: State Control of Global Mergers and Acquisitions," The World Economy, Wiley Blackwell, vol. 33(9), pages 1175-1199, September.
    129. Crina Angela Copil, 2014. "Bank Merging And Acquisitions - Conceptual Clarifications," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 103-110, August.
    130. Monia Lougui & Anders Broström, 2021. "New firm formation in the wake of mergers and acquisitions: An exploration of push and pull factors," Journal of Evolutionary Economics, Springer, vol. 31(1), pages 65-89, January.
    131. Sang Jun Cho & Chune Young Chung & Daniel Sungyeon Kim, 2023. "Do antitrust laws erode shareholder returns? Evidence from the Chinese market," European Journal of Law and Economics, Springer, vol. 55(2), pages 349-376, April.
    132. Stiebale, Joel & Vencappa, Dev, 2017. "Acquisitions, Markups, Efficiency, and Product Quality: Evidence from India," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168238, Verein für Socialpolitik / German Economic Association.
    133. Elisa Roncagliolo & Francesco Avallone, 2021. "The complexity in measuring M&A performance: Is a multi-dimensional approach enough?," FINANCIAL REPORTING, FrancoAngeli Editore, vol. 2021(1), pages 89-117.
    134. Neelanjan Sen & Uday Bhanu Sinha, 2023. "When to merge with a lower quality producer?," Journal of Economics, Springer, vol. 138(2), pages 165-188, March.
    135. Bruce A. Blonigen & Justin R. Pierce, 2016. "Evidence for the Effects of Mergers on Market Power and Efficiency," Working Papers 16-43, Center for Economic Studies, U.S. Census Bureau.
    136. van Bergeijk, P.A.G., 2009. "What could anti-trust in the OECD do for development?," ISS Working Papers - General Series 18720, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
    137. Çömez-Dolgan, Nagihan & Tanyeri, Başak, 2015. "Inventory performance with pooling: Evidence from mergers and acquisitions," International Journal of Production Economics, Elsevier, vol. 168(C), pages 331-339.
    138. Tomaso Duso & Klaus Gugler & Burcin Yurtoglu, 2005. "EU Merger Remedies: A Preliminary Empirical Assessment," CIG Working Papers SP II 2005-16, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    139. Michael Böheim, 2008. "Zur Rolle der Wettbewerbspolitik in der Inflationsbekämpfung. Ein Überblick über kurzfristig realisierbare Maßnahmen zur Intensivierung des Wettbewerbs," WIFO Monatsberichte (monthly reports), WIFO, vol. 81(9), pages 693-706, September.
    140. Boussard, Valérie & Godechot, Olivier & Woloszko, Nicolas, 2016. "How to make a deal: The role of rankings and personal ties in creating trust in the M&A market," MaxPo Discussion Paper Series 16/3, Max Planck Sciences Po Center on Coping with Instability in Market Societies (MaxPo).
    141. Gunther Tichy, 2001. "What Do We Know about Success and Failure of Mergers?—Rejoinder," Journal of Industry, Competition and Trade, Springer, vol. 1(4), pages 431-440, December.
    142. Ralph Siebert, 2016. "The Impact of Horizontal Mergers on Market Structure: Evidence from the Semiconductor Industry," CESifo Working Paper Series 5911, CESifo.
    143. Tannista Banerjee & Arnab Nayak, 2015. "Comparing Domestic and Cross-Border Mergers and Acquisitions in the Pharmaceutical Industry," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 43(4), pages 489-499, December.
    144. Czarnitzki Dirk & Kraft Kornelius, 2003. "Unternehmensleitung und Innovationserfolg / Corporate Management and Innovation," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 223(6), pages 641-658, December.
    145. Head, Keith & Ries, John, 2008. "FDI as an outcome of the market for corporate control: Theory and evidence," Journal of International Economics, Elsevier, vol. 74(1), pages 2-20, January.
    146. Zhu, PengCheng & Jog, Vijay & Otchere, Isaac, 2014. "Idiosyncratic volatility and mergers and acquisitions in emerging markets," Emerging Markets Review, Elsevier, vol. 19(C), pages 18-48.
    147. Isha Gupta & T. V. Raman & Naliniprava Tripathy, 2023. "Impact of Merger and Acquisition on Financial Performance: Evidence from Construction and Real Estate Industry of India," FIIB Business Review, , vol. 12(1), pages 74-84, March.
    148. Bogan, Vicki & Just, David R., 2006. "What Drives Merger Decision Making Behavior? Don’t Seek, Don’t Find, and Don’t Change Your Mind," Working Papers 127046, Cornell University, Department of Applied Economics and Management.
    149. Hijzen, Alexander & Görg, Holger & Manchin, Miriam, 2008. "Cross-border mergers and acquisitions and the role of trade costs," European Economic Review, Elsevier, vol. 52(5), pages 849-866, July.
    150. Oliver Budzinski & Jürgen-Peter Kretschmer, 2007. "Implications of Unprofitable Horizontal Mergers: A Re-Interpretation of the Farrell-Shapiro-Framework," Marburg Working Papers on Economics 200714, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    151. Lina M. Cortés & Diego A. Agudelo & Samuel Mongrut, 2012. "Waves and determinants in the activity of Mergers and Acquisitions: The Case of Latin America," Documentos de Trabajo de Valor Público 10658, Universidad EAFIT.
    152. Jensen-Vinstrup, Mathias & Rigamonti, Damiana & Wulff, Jesper, 2018. "European cross-border acquisitions: Long-run stock returns and firm characteristics," Journal of Multinational Financial Management, Elsevier, vol. 47, pages 31-45.
    153. Gunther Tichy, 2001. "What Do We Know about Success and Failure of Mergers?," Journal of Industry, Competition and Trade, Springer, vol. 1(4), pages 347-394, December.
    154. Frank Stähler, 2014. "Partial ownership and cross-border mergers," Journal of Economics, Springer, vol. 111(3), pages 209-237, April.
    155. Rao-Nicholson, Rekha & Salaber, Julie & Cao, Tuan Hiep, 2016. "Long-term performance of mergers and acquisitions in ASEAN countries," Research in International Business and Finance, Elsevier, vol. 36(C), pages 373-387.
    156. Buckley, Peter J. & Elia, Stefano & Kafouros, Mario, 2014. "Acquisitions by emerging market multinationals: Implications for firm performance," Journal of World Business, Elsevier, vol. 49(4), pages 611-632.
    157. Shu, Jinhao, 2021. "The M&A Behavior of Family Firms," Junior Management Science (JUMS), Junior Management Science e. V., vol. 6(4), pages 673-699.
    158. C Conn & A Cosh & P Guest & A Hughes, 2001. "Long-Run Share Performance of UK Firms Engaging in Cross-Border Acquisitions," Working Papers wp214, Centre for Business Research, University of Cambridge.
    159. Xuan Yang & Qiusheng Zhang & Xiaotian Shen & Jie Qin & Qian Sun & Yuanze Xu, 2022. "Could the Opening of HSR Reduce the M&A Premium?," Sustainability, MDPI, vol. 14(10), pages 1-28, May.
    160. Bertrand, Olivier & Betschinger, Marie-Ann, 2012. "Performance of domestic and cross-border acquisitions: Empirical evidence from Russian acquirers," Journal of Comparative Economics, Elsevier, vol. 40(3), pages 413-437.
    161. BOCCARD, Nicolas, 2009. "On efficiency, concentration and welfare," LIDAM Discussion Papers CORE 2009040, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    162. Barbieri, Elisa & Huang, Manli & Pi, Shenglei & Pollio, Chiara & Rubini, Lauretta, 2021. "Investigating the linkages between industrial policies and M&A dynamics: Evidence from China," China Economic Review, Elsevier, vol. 69(C).
    163. Na Luo, 2018. "Research on Performance and Valuation of Enterprises Placarded by Others Based on the Improved Panel Vector Auto-Regression Model," Applied Economics and Finance, Redfame publishing, vol. 5(3), pages 34-48, May.
    164. Dutta, Shantanu & Saadi, Samir & Zhu, PengCheng, 2013. "Does payment method matter in cross-border acquisitions?," International Review of Economics & Finance, Elsevier, vol. 25(C), pages 91-107.
    165. Borja Mesa Sánchez, 2010. "Downstream mergers in a vertically differentiated unionized oligopoly," Working Papers. Serie AD 2010-31, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    166. Qing Liu & Ruosi Lu & Larry D. Qiu, 2017. "Foreign Acquisitions and Target Firms' Performance in China," The World Economy, Wiley Blackwell, vol. 40(1), pages 2-20, January.
    167. Vasconcelos, Helder & Fumagalli, Eileen, 2006. "Cross-Border Merger Waves," CEPR Discussion Papers 5601, C.E.P.R. Discussion Papers.
    168. Bertrand, Olivier, 2009. "Effects of foreign acquisitions on R&D activity: Evidence from firm-level data for France," Research Policy, Elsevier, vol. 38(6), pages 1021-1031, July.
    169. Madsen, Erik S. & Pedersen, Kurt & Lund-Thomsen, Lars, 2012. "Effects of the M&A Wave in the Global Brewing Industry 2000-2010," German Journal of Agricultural Economics, Humboldt-Universitaet zu Berlin, Department for Agricultural Economics, vol. 61(04), pages 1-9, November.

  19. Klaus Gugler & Michael Pfaffermayr, 2000. "Convergence in Structure and Productivity in European Manufacturing?," WIFO Working Papers 127, WIFO.

    Cited by:

    1. Alexoaei Alina Petronela & Robu Raluca Georgiana, 2018. "A theoretical review on the structural convergence issue and the relation to economic development in integration areas," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 12(1), pages 34-44, May.
    2. Vito Imbrenda & Rosa Coluzzi & Valerio Di Stefano & Gianluca Egidi & Luca Salvati & Caterina Samela & Tiziana Simoniello & Maria Lanfredi, 2022. "Modeling Spatio-Temporal Divergence in Land Vulnerability to Desertification with Local Regressions," Sustainability, MDPI, vol. 14(17), pages 1-20, August.
    3. Antje Hildebrandt & Julia Wörz, 2004. "Determinants of Geographical Concentration Patterns in Central and Eastern European Countries," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 1, pages 70-95.
    4. Höhenberger, Nicole & Schmiedeberg, Claudia, 2008. "Structural convergence of European countries," University of Göttingen Working Papers in Economics 75, University of Goettingen, Department of Economics.
    5. Antje Hildebrandt & Julia Wörz, 2004. "Determinants of Industrial Location Patterns in CEECs," wiiw Working Papers 32, The Vienna Institute for International Economic Studies, wiiw.
    6. Bolea, Lucía & Duarte, Rosa & Chóliz, Julio Sánchez, 2018. "From convergence to divergence? Some new insights into the evolution of the European Union," Structural Change and Economic Dynamics, Elsevier, vol. 47(C), pages 82-95.
    7. Stilianos Alexiadis & Alexandros Alexandrakis, 2008. "Threshold Conditions and Regional Convergence in European Agriculture," International Journal of Business and Economic Sciences Applied Research (IJBESAR), Democritus University of Thrace (DUTH), Kavala Campus, Greece, vol. 1(2), pages 13-37, December.
    8. Aleksejs Melihovs & Igors Kasjanovs, 2011. "The Convergence Processes in Europe and Latvia," Discussion Papers 2011/01, Latvijas Banka.
    9. Kristina Stefanova, 2022. "Labour Productivity Convergence of CEE Countries with the Euro Area – Evidence at Aggregate and Sectoral Level," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 7, pages 3-19.
    10. Alexiadis, Stilianos & Kokkidis, Stilianos, 2010. "Convergence in Agriculture: Evidence from the regions of an Enlarged EU," MPRA Paper 26011, University Library of Munich, Germany.
    11. Nagayasu, Jun, 2012. "Regional inflation and industrial structure in monetary union," MPRA Paper 37310, University Library of Munich, Germany.
    12. Sondermann, David, 2012. "Productivity in the euro area: any evidence of convergence?," Working Paper Series 1431, European Central Bank.
    13. Maciej Grodzicki, 2013. "Productivity Convergence in Manufacturing in the European Union: The Role of Economic Structure," Research in Economics and Business: Central and Eastern Europe, Tallinn School of Economics and Business Administration, Tallinn University of Technology, vol. 5(2).
    14. Michael Böheim & Michael Pfaffermayr & Klaus Gugler, 2000. "Do Growth Rates Differ in European Manufacturing Industries?," Austrian Economic Quarterly, WIFO, vol. 5(2), pages 93-104, May.

  20. Klaus GUGLER, 1997. "Investment Spending in Austria: Asymmetric Information Versus Managerial Discretion," Vienna Economics Papers vie9705, University of Vienna, Department of Economics.

    Cited by:

    1. Elisabetta Bertero & Laura Rondi, 1998. "Managerial discretion and investment decisions of state-owned firms: Evidence from a panel of italian companies," CERIS Working Paper 199807, CNR-IRCrES Research Institute on Sustainable Economic Growth - Torino (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY.
    2. Valderrama, Maria Teresa, 2001. "Credit channel and investment behaviour in Austria: a micro-econometric approach," Working Paper Series 108, European Central Bank.
    3. Predrag Ćetković & Engelbert Stockhammer, 2010. "Finanzialisierung und Investitionsverhalten von Industrie-Aktiengesellschaften in Österreich," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 36(4), pages 453-479.

Articles

  1. Gugler, Klaus & Weichselbaumer, Michael & Zulehner, Christine, 2015. "Competition in the economic crisis: Analysis of procurement auctions," European Economic Review, Elsevier, vol. 73(C), pages 35-57.

    Cited by:

    1. Seres, G. & Pigon, Adam, 2019. "On the Competitive Effects of Screening in Procurement," Discussion Paper 2019-009, Tilburg University, Tilburg Law and Economic Center.
    2. de Leverano, Adriano, 2019. "Collusion through market sharing agreements: Evidence from Quebec's road paving market," ZEW Discussion Papers 19-053, ZEW - Leibniz Centre for European Economic Research.
    3. Gugler, Klaus & Weichselbaumer, Michael & Zulehner, Christine, 2020. "Employment behavior and the economic crisis: Evidence from winners and runners-up in procurement auctions," Journal of Public Economics, Elsevier, vol. 182(C).
    4. Michael Klien, 2019. "Entwicklung der Baukonjunktur 2011/2018 und Ausblick," WIFO Studies, WIFO, number 61845, March.
    5. Zulehner, Christine & Gugler, Klaus Peter & Weichselbaumer, Michael, 2015. "Analysis of mergers in first-price auctions," CEPR Discussion Papers 10799, C.E.P.R. Discussion Papers.
    6. Jun Honda, 2015. "Intermediary Search for Suppliers in Procurement Auctions," Department of Economics Working Papers wuwp203, Vienna University of Economics and Business, Department of Economics.
    7. Bedri Kamil Onur Tas, 2024. "A machine learning approach to detect collusion in public procurement with limited information," Journal of Computational Social Science, Springer, vol. 7(2), pages 1913-1935, October.
    8. Srhoj, Stjepan & Dragojević, Melko, 2021. "Public procurement and supplier job creation: Insights from auctions," MPRA Paper 110018, University Library of Munich, Germany.
    9. Michael Klien & Werner Hölzl, 2019. "Öffentliche Ausschreibungen und Konjunktur. Eine Analyse mit unkonventionellen Daten für die österreichische Bauwirtschaft," WIFO Monatsberichte (monthly reports), WIFO, vol. 92(8), pages 609-618, August.
    10. Gugler, Klaus & Weichselbaumer, Michael & Zulehner, Christine, 2018. "Effects of government spending on employment: Evidence from winners and runners-up in procurement auctions," SAFE Working Paper Series 213, Leibniz Institute for Financial Research SAFE.
    11. Wifo, 2019. "WIFO-Monatsberichte, Heft 8/2019," WIFO Monatsberichte (monthly reports), WIFO, vol. 92(8), August.
    12. Ionel Preda, 2019. "The Information Content Of Audit Opinion For Users Of Financial Statements," Oradea Journal of Business and Economics, University of Oradea, Faculty of Economics, vol. 4(2), pages 102-111, September.
    13. Seres, G. & Pigon, Adam, 2019. "On the Competitive Effects of Screening in Procurement," Other publications TiSEM 78e45bf6-3a0a-46a0-9abd-7, Tilburg University, School of Economics and Management.
    14. Seres, G. & Pigon, Adam, 2019. "On the Competitive Effects of Screening in Procurement," Other publications TiSEM 3314c398-ea79-4f74-96f4-8, Tilburg University, School of Economics and Management.
    15. Jääskeläinen, Jan & Tukiainen, Janne, 2019. "Anatomy of public procurement," Working Papers 118, VATT Institute for Economic Research.

  2. Gugler, Klaus & Ivanova, Natalia & Zechner, Josef, 2014. "Ownership and control in Central and Eastern Europe," Journal of Corporate Finance, Elsevier, vol. 26(C), pages 145-163.

    Cited by:

    1. Ichiro Iwasaki & Satoshi Mizobata & Alexander Muravyev, 2018. "Ownership dynamics and firm performance in an emerging economy: a meta-analysis of the Russian literature," Post-Communist Economies, Taylor & Francis Journals, vol. 30(3), pages 290-333, May.
    2. Maria Aluchna & Tomasz Kuszewski, 2021. "Do Financial Investors Mitigate Agency Problems? Evidence from an Emerging Market," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 872-888.
    3. Kałdoński, Michał & Jewartowski, Tomasz, 2024. "Tax aggressiveness under concentrated ownership: The importance of long-term institutional investors," Finance Research Letters, Elsevier, vol. 65(C).
    4. Cherkasova Victoria & Rasadi Daryush, 2017. "Earnings Quality and Investment Efficiency: Evidence from Eastern Europe," Review of Economic Perspectives, Sciendo, vol. 17(4), pages 441-468, December.
    5. Anastasia N. Stepanova & Olga O. Kopyrina, 2019. "The Influence Of Ownership Structure And Board Independence On The Cost Of Debt In Bric Countries," HSE Working papers WP BRP 74/FE/2019, National Research University Higher School of Economics.
    6. Bykova, Anna & Molodchik, Mariia & Shamilova, Ekaterina, 2017. "Ownership concentration, corporate governance development and firm performance in Russian listed companies," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 45, pages 50-74.
    7. Iwasaki, Ichiro & Mizobata, Satoshi, 2018. "Ownership Concentration and Firm Performance in European Emerging Economies: A Meta-Analysis," CEI Working Paper Series 2018-8, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
    8. Teplova, Tamara & Galenskaya, Kristina & Teplov, Andrey, 2018. "Real and pseudo enter to the bond market in Russia. In search of the determinants," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 52, pages 22-45.
    9. Petrov, Nikita & Ratnikova, Tatiana, 2018. "Analysis of the joint distribution of stock and art indices: Attempt of a copular approach," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 52, pages 46-61.
    10. NicuÅŸor Dumitru CÄ‚RÄ‚UÅžU, 2016. "Ownership And Control In Large Eastern European Companies," Scientific Annals of Economics and Business (continues Analele Stiintifice), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 63(2), pages 181-193, July.
    11. Zsolt Lakatos, 2020. "Do larger boards improve shareholder value creation? – Effects of the board size on business performance in Eastern Central Europe," Society and Economy, Akadémiai Kiadó, Hungary, vol. 42(3), pages 245-279, September.
    12. Cărăuşu Nicuşor Dumitru, 2016. "Ownership and Control in Large Eastern European Companies," Scientific Annals of Economics and Business, Sciendo, vol. 63(2), pages 181-193, June.
    13. Kałdoński, Michał & Jewartowski, Tomasz & Mizerka, Jacek, 2020. "Capital market pressure, real earnings management, and institutional ownership stability - Evidence from Poland," International Review of Financial Analysis, Elsevier, vol. 71(C).
    14. Randolph, Robert V. & Alexander, Benjamin N. & Debicki, Bart J. & Zajkowski, Robert, 2019. "Untangling non-economic objectives in family & non-family SMEs: A goal systems approach," Journal of Business Research, Elsevier, vol. 98(C), pages 317-327.
    15. Mbanyele, William, 2021. "Staggered boards, unequal voting rights, poison pills and innovation intensity: New evidence from the Asian markets," International Review of Law and Economics, Elsevier, vol. 65(C).
    16. Michał Kałdoński & Tomasz Jewartowski, 2024. "Governance through exit: Pension fund reform impact on real earnings management of portfolio companies," Review of Quantitative Finance and Accounting, Springer, vol. 63(4), pages 1349-1389, November.
    17. Friesenbichler, Klaus S. & Hoelzl, Werner, 2022. "Firm-growth and Functional Strategic Domains: Exploratory evidence for differences between frontier and catching-up economies," Journal of Economics and Business, Elsevier, vol. 119(C).

  3. Joseph A Clougherty & Klaus Gugler & Lars Sørgard & Florian W Szücs, 2014. "Cross-border mergers and domestic-firm wages: Integrating “spillover effects” and “bargaining effects”," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 45(4), pages 450-470, May.
    See citations under working paper version above.
  4. Tomaso Duso & Klaus Gugler & Florian Szücs, 2013. "An Empirical Assessment of the 2004 EU Merger Policy Reform," Economic Journal, Royal Economic Society, vol. 123(11), pages 596-619, November.
    See citations under working paper version above.
  5. Gugler, Klaus & Mueller, Dennis C. & Peev, Evgeni & Segalla, Esther, 2013. "Institutional determinants of domestic and foreign subsidiaries’ performance," International Review of Law and Economics, Elsevier, vol. 34(C), pages 88-96.

    Cited by:

    1. Carney, Michael & Shapiro, Daniel & Estrin, Saul & Liang, Zhixiang, 2018. "National institutional systems, foreign ownership and firm performance: the case of understudied countries," LSE Research Online Documents on Economics 87042, London School of Economics and Political Science, LSE Library.
    2. Alam, Ashraful & Uddin, Moshfique & Yazdifar, Hassan & Shafique, Sujana & Lartey, Theophilus, 2020. "R&D investment, firm performance and moderating role of system and safeguard: Evidence from emerging markets," Journal of Business Research, Elsevier, vol. 106(C), pages 94-105.
    3. Estrin, Saul & Meyer, Klaus E. & Pelletier, Adeline, 2018. "Emerging Economy MNEs: How does home country munificence matter?," Journal of World Business, Elsevier, vol. 53(4), pages 514-528.
    4. Hou, Xiaohui & Wang, Qing, 2016. "Institutional quality, banking marketization, and bank stability: Evidence from China," Economic Systems, Elsevier, vol. 40(4), pages 539-551.
    5. Piotr Trapczynski, 2013. "Determinants Of Foreign Direct Investment Performance – A Critical Literature Review," Oeconomia Copernicana, Institute of Economic Research, vol. 4(2), pages 117-132, June.
    6. Saona, Paolo & San Martín, Pablo, 2016. "Country level governance variables and ownership concentration as determinants of firm value in Latin America," International Review of Law and Economics, Elsevier, vol. 47(C), pages 84-95.

  6. Gugler, Klaus & Rammerstorfer, Margarethe & Schmitt, Stephan, 2013. "Ownership unbundling and investment in electricity markets — A cross country study," Energy Economics, Elsevier, vol. 40(C), pages 702-713.

    Cited by:

    1. Tomaso Duso & Jo Seldeslachts & Florian Szücs, 2017. "The Impact of Competition Policy Enforcement on the Functioning of EU Energy Markets," Discussion Papers of DIW Berlin 1674, DIW Berlin, German Institute for Economic Research.
    2. Yuan, Peng & Pu, Yuran & Liu, Chang, 2021. "Improving electricity supply reliability in China: Cost and incentive regulation," Energy, Elsevier, vol. 237(C).
    3. Gert Brunekreeft & Mika Goto & Roland Meyer & Masahiro Maruyama & Toru Hattori, 2014. "Unbundling of Electricity Transmission System Operators in Germany – An Experience Report," Bremen Energy Working Papers 0016, Bremen Energy Research.
    4. Gugler, Klaus & Liebensteiner, Mario & Schmitt, Stephan, 2017. "Vertical disintegration in the European electricity sector: Empirical evidence on lost synergies," International Journal of Industrial Organization, Elsevier, vol. 52(C), pages 450-478.
    5. Brunekreeft, Gert, 2015. "Network unbundling and flawed coordination: Experience from the electricity sector," Utilities Policy, Elsevier, vol. 34(C), pages 11-18.
    6. Bastianin, Andrea & Castelnovo, Paolo & Florio, Massimo, 2017. "The empirics of regulatory reforms proxied by categorical variables: recent findings and methodological issues," MPRA Paper 78256, University Library of Munich, Germany.
    7. Philipp Steinbrunner, 2023. "I want a quiet life! On productivity and competition in the Central European energy sector," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 31(2), pages 403-428, April.
    8. Clò, Stefano & Ferraris, Matteo & Florio, Massimo, 2017. "Ownership and environmental regulation: Evidence from the European electricity industry," Energy Economics, Elsevier, vol. 61(C), pages 298-312.
    9. Corsatea, Teodora Diana & Giaccaria, Sergio, 2018. "Market regulation and environmental productivity changes in the electricity and gas sector of 13 observed EU countries," Energy, Elsevier, vol. 164(C), pages 1286-1297.
    10. Sven Heim, Bastian Krieger, and Mario Liebensteiner, 2020. "Unbundling, Regulation, and Pricing: Evidence from Electricity Distribution," The Energy Journal, International Association for Energy Economics, vol. 0(Special I).
    11. Wang, Yunfei & Li, Jinke & O'Leary, Nigel & Shao, Jing, 2024. "Banding: A game changer in the Renewables Obligation scheme in the United Kingdom," Energy Economics, Elsevier, vol. 130(C).
    12. O'Shaughnessy, Eric & Heeter, Jenny & Gattaciecca, Julien & Sauer, Jenny & Trumbull, Kelly & Chen, Emily, 2019. "Empowered communities: The rise of community choice aggregation in the United States," Energy Policy, Elsevier, vol. 132(C), pages 1110-1119.
    13. Bastianin, Andrea & Castelnovo, Paolo & Florio, Massimo, 2018. "Evaluating regulatory reform of network industries: a survey of empirical models based on categorical proxies," Utilities Policy, Elsevier, vol. 55(C), pages 115-128.
    14. Hyland, Marie, 2016. "Restructuring European electricity markets – A panel data analysis," Utilities Policy, Elsevier, vol. 38(C), pages 33-42.
    15. Summanen, Tuomo & Arminen, Heli, 2018. "Ownership unbundling in electricity distribution: The Russian experience," Energy, Elsevier, vol. 161(C), pages 1199-1210.
    16. Bacchiocchi, Emanuele & Florio, Massimo & Taveggia, Giulia, 2015. "Asymmetric effects of electricity regulatory reforms in the EU15 and in the New Member States: Empirical evidence from residential prices 1990–2011," Utilities Policy, Elsevier, vol. 35(C), pages 72-90.
    17. Baek, Chulwoo & Jung, Euy-Young & Lee, Jeong-Dong, 2014. "Effects of regulation and economic environment on the electricity industry׳s competitiveness: A study based on OECD countries," Energy Policy, Elsevier, vol. 72(C), pages 120-128.
    18. Gugler, Klaus & Haxhimusa, Adhurim, 2019. "Market integration and technology mix: Evidence from the German and French electricity markets," Energy Policy, Elsevier, vol. 126(C), pages 30-46.
    19. Avenali, Alessandro & Matteucci, Giorgio & Reverberi, Pierfrancesco, 2014. "Broadband investment and welfare under functional and ownership separation," Information Economics and Policy, Elsevier, vol. 28(C), pages 70-82.
    20. Yu, Zhen & Shen, Yiran & Jiang, Shengjun, 2022. "The effects of corporate governance uncertainty on state-owned enterprises' green innovation in China: Perspective from the participation of non-state-owned shareholders," Energy Economics, Elsevier, vol. 115(C).
    21. Lisa Bagnoli & Salvador Bertomeu-Sanchez & Antonio Estache & Maria Vagliasindi, 2021. "Does the ownership of utilities matter for social outcomes? A survey of the evidence for developing countries," ULB Institutional Repository 2013/335116, ULB -- Universite Libre de Bruxelles.
    22. Meletiou, Alexis & Cambini, Carlo & Masera, Marcelo, 2018. "Regulatory and ownership determinants of unbundling regime choice for European electricity transmission utilities," Utilities Policy, Elsevier, vol. 50(C), pages 13-25.
    23. Poudineh, Rahmatallah & Jamasb, Tooraj, 2016. "Determinants of investment under incentive regulation: The case of the Norwegian electricity distribution networks," Energy Economics, Elsevier, vol. 53(C), pages 193-202.
    24. Liebensteiner, Mario & Wrienz, Matthias, 2020. "Do Intermittent Renewables Threaten the Electricity Supply Security?," Energy Economics, Elsevier, vol. 87(C).
    25. Neumann, Karl-Heinz & Schmitt, Stephan & Schwab, Rolf, 2016. "Die Bedeutung von TAL-Preisen für den Aufbau von NGA," WIK Discussion Papers 404, WIK Wissenschaftliches Institut für Infrastruktur und Kommunikationsdienste GmbH.
    26. Wang, Nan & Mogi, Gento, 2017. "Deregulation, market competition, and innovation of utilities: Evidence from Japanese electric sector," Energy Policy, Elsevier, vol. 111(C), pages 403-413.
    27. Juyong Lee & Youngsang Cho & Yoonmo Koo & Chansoo Park, 2018. "Effects of Market Reform on Facility Investment in Electric Power Industry: Panel Data Analysis of 27 Countries," Sustainability, MDPI, vol. 10(9), pages 1-16, September.
    28. Hanee Ryu & Yeonbae Kim & Pilseong Jang & Sergio Aldana, 2020. "Restructuring and Reliability in the Electricity Industry of OECD Countries: Investigating Causal Relations between Market Reform and Power Supply," Energies, MDPI, vol. 13(18), pages 1-16, September.
    29. Carlo Cambini & Federico Caviggioli & Giuseppe Scellato, 2015. "R&D, Patenting and Market Regulation: Evidence from EU Electricity industry," IEFE Working Papers 78, IEFE, Center for Research on Energy and Environmental Economics and Policy, Universita' Bocconi, Milano, Italy.
    30. Sugimoto, Kota, 2021. "Ownership versus legal unbundling of electricity transmission network: Evidence from renewable energy investment in Germany," Energy Economics, Elsevier, vol. 99(C).
    31. Suleman, Shafic, 2020. "Natural Gas Industry Restructuring for Value Optimisation: A Case Study of Ghana," MPRA Paper 99155, University Library of Munich, Germany.

  7. Gugler, Klaus & Peev, Evgeni & Segalla, Esther, 2013. "The internal workings of internal capital markets: Cross-country evidence," Journal of Corporate Finance, Elsevier, vol. 20(C), pages 59-73.

    Cited by:

    1. Jan Hendrik Fisch & Bjoern Schmeisser, 2020. "Phasing the operation mode of foreign subsidiaries: Reaping the benefits of multinationality through internal capital markets," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 51(8), pages 1223-1255, October.
    2. Carney, Michael & Shapiro, Daniel & Estrin, Saul & Liang, Zhixiang, 2018. "National institutional systems, foreign ownership and firm performance: the case of understudied countries," LSE Research Online Documents on Economics 87042, London School of Economics and Political Science, LSE Library.
    3. Al-Shaer, Habiba & Uyar, Ali & Kuzey, Cemil & Karaman, Abdullah S., 2023. "Do shareholders punish or reward excessive CSR engagement? Moderating effect of cash flow and firm growth," International Review of Financial Analysis, Elsevier, vol. 88(C).
    4. Gugler, Klaus & Mueller, Dennis C. & Peev, Evgeni & Segalla, Esther, 2013. "Institutional determinants of domestic and foreign subsidiaries’ performance," International Review of Law and Economics, Elsevier, vol. 34(C), pages 88-96.
    5. Nguyen, Quyen T.K. & Almodóvar, Paloma, 2018. "Export intensity of foreign subsidiaries of multinational enterprises: The role of trade finance availability," International Business Review, Elsevier, vol. 27(1), pages 231-245.
    6. Chang, Ran & Gonzalez, Angelica & Sarkissian, Sergei & Tu, Jun, 2022. "Internal capital markets and predictability in complex ownership firms," Journal of Corporate Finance, Elsevier, vol. 74(C).
    7. Nguyen, Quyen T.K. & Almodóvar, Paloma & Wei, Ziyi, 2022. "Intra-firm and arm’s length export propensity and intensity of MNE foreign subsidiaries," Journal of Business Research, Elsevier, vol. 145(C), pages 288-308.
    8. Noth, Felix & Ossandon Busch, Matias, 2021. "Banking globalization, local lending, and labor market effects: Micro-level evidence from Brazil," Journal of Financial Stability, Elsevier, vol. 56(C).
    9. Xu, Jian & Liu, Yu & Abdoh, Hussein, 2022. "Foreign ownership and productivity," International Review of Economics & Finance, Elsevier, vol. 80(C), pages 624-642.
    10. Estrin, Saul & Liang, Zhixiang & Shapiro, Daniel & Carney, Michael, 2018. "State capitalism, economic systems and the performance of state owned firms," LSE Research Online Documents on Economics 91944, London School of Economics and Political Science, LSE Library.

  8. Briglauer, Wolfgang & Gugler, Klaus, 2013. "The deployment and penetration of high-speed fiber networks and services: Why are EU member states lagging behind?," Telecommunications Policy, Elsevier, vol. 37(10), pages 819-835.

    Cited by:

    1. Wolfgang Briglauer, 2014. "The impact of regulation and competition on the adoption of fiber-based broadband services: recent evidence from the European union member states," Journal of Regulatory Economics, Springer, vol. 46(1), pages 51-79, August.
    2. Fourie, Helanya & de Bijl, Paul W.J., 2018. "Race to the top: Does competition in the DSL market matter for fibre penetration?," Telecommunications Policy, Elsevier, vol. 42(9), pages 778-793.
    3. Nicola Matteucci, 2015. "Il divario digitale infrastrutturale delle Marche," PRISMA Economia - Societ? - Lavoro, FrancoAngeli Editore, vol. 2015(1), pages 98-121.
    4. Haucap, Justus & Heimeshoff, Ulrich & Lange, Mirjam R. J., 2014. "The impact of tariff diversity on broadband diffusion: An empirical analysis," 25th European Regional ITS Conference, Brussels 2014 101403, International Telecommunications Society (ITS).
    5. Briglauer, Wolfgang & Cambini, Carlo & Grajek, Michał, 2017. "Speeding Up the Internet: Regulation and Investment in European Fiber Optic Infrastructure," 28th European Regional ITS Conference, Passau 2017 169451, International Telecommunications Society (ITS).
    6. Kulenkampff, Gabriele & Ockenfels, Martin & Plückebaum, Thomas & Zoz, Konrad & Zuloaga, Gonzalo, 2021. "Costs of Very High Capacity Networks and Geographic Heterogeneity – a statistical assessment for Germany," 23rd ITS Biennial Conference, Online Conference / Gothenburg 2021. Digital societies and industrial transformations: Policies, markets, and technologies in a post-Covid world 238033, International Telecommunications Society (ITS).
    7. Briglauer, Wolfgang & Schmitz, Peter, 2019. "Gutachten zur ökonomischen und rechtlichen Sinnhaftigkeit von nachfrageseitigen Förderungen im Ausbau moderner Breitbandnetze über "Voucher-Systeme"," ZEW Expertises, ZEW - Leibniz Centre for European Economic Research, number 204534.
    8. Bertschek, Irene & Briglauer, Wolfgang & Hüschelrath, Kai & Krämer, Jan & Frübing, Stefan & Kesler, Reinhold & Saam, Marianne, 2016. "Metastudie zum Fachdialog Ordnungsrahmen für die Digitale Wirtschaft: Im Auftrag des Bundesministeriums für Wirtschaft und Energie (BMWi)," ZEW Expertises, ZEW - Leibniz Centre for European Economic Research, number 147040.
    9. Nicola Matteucci, 2014. "L?investimento nelle reti NGA a larga banda: la "questione settentrionale"," ECONOMIA E POLITICA INDUSTRIALE, FrancoAngeli Editore, vol. 2014(4), pages 129-158.
    10. Briglauer, Wolfgang & Stocker, Volker & Whalley, Jason, 2018. "Public Policy Targets in EU Broadband Markets: The Role of Technological Neutrality," 29th European Regional ITS Conference, Trento 2018 184936, International Telecommunications Society (ITS).
    11. Tsai, Hsin-yi Sandy & Bauer, Johannes M., 2015. "Designing workable mobile broadband policies," 2015 Regional ITS Conference, Los Angeles 2015 146336, International Telecommunications Society (ITS).
    12. Dmitrii Trubnikov, 2020. "The Russian Telecommunications Experience: a Positive Outcome of the Competitive Order in the Industry," Journal of Industry, Competition and Trade, Springer, vol. 20(1), pages 35-58, March.
    13. Matteucci, Nicola, 2014. "La banda larga del Veneto: stato, orientamenti e politiche [The Broadband of Veneto Region: Condition, Perspectives and Policy]," MPRA Paper 59828, University Library of Munich, Germany, revised Jul 2014.
    14. Briglauer, Wolfgang & Gugler, Klaus & Haxhimusa, Adhurim, 2015. "Facility- and service-based competition and investment in fixed broadband networks: Lessons from a decade of access regulations in the European Union member states," ZEW Discussion Papers 15-048, ZEW - Leibniz Centre for European Economic Research.
    15. Briglauer, Wolfgang & Frübing, Stefan & Vogelsang, Ingo, 2015. "The impact of alternative public policies on the deployment of new communications infrastructure: A survey," ZEW Discussion Papers 15-003, ZEW - Leibniz Centre for European Economic Research.
    16. Giovannetti, Emanuele & Hamoudia, Mohsen, 2018. "Understanding the different pre and post peak adoption drivers in the process of Mobile Social Networking diffusion," 22nd ITS Biennial Conference, Seoul 2018. Beyond the boundaries: Challenges for business, policy and society 190422, International Telecommunications Society (ITS).
    17. Vitor Miguel Ribeiro & Lei Bao, 2021. "Impact of next‐generation access networks on the innovation efficiency of Portuguese municipalities: A spatial econometrics approach," Regional Science Policy & Practice, Wiley Blackwell, vol. 13(5), pages 1615-1637, October.
    18. Susanne Bärenthaler-Sieber & Michael Böheim & Philipp Piribauer & Peter Reschenhofer, 2018. "Österreichs Breitbandnachfragedefizit," WIFO Studies, WIFO, number 61509, March.
    19. Rendon Schneir, Juan & Xiong, Yupeng, 2016. "A cost study of fixed broadband access networks for rural areas," Telecommunications Policy, Elsevier, vol. 40(8), pages 755-773.
    20. Briglauer, Wolfgang & Holzleitner, Christian & Vogelsang, Ingo, 2016. "The need for more efficient public funding of new communications infrastructure in EU member states," Information Economics and Policy, Elsevier, vol. 36(C), pages 26-35.
    21. Gerli, Paolo & Van der Wee, Marlies & Verbrugge, Sofie & Whalley, Jason, 2018. "The involvement of utilities in the development of broadband infrastructure: A comparison of EU case studies," Telecommunications Policy, Elsevier, vol. 42(9), pages 726-743.
    22. Klaus Friesenbichler, 2016. "Österreich 2025 – Hebel zur Förderung von Investitionen in Breitbanddatennetze," WIFO Studies, WIFO, number 59100, March.
    23. Wolfgang Briglauer, 2015. "How EU sector-specific regulations and competition affect migration from old to new communications infrastructure: recent evidence from EU27 member states," Journal of Regulatory Economics, Springer, vol. 48(2), pages 194-217, October.
    24. Matteucci, Nicola, 2021. "Procuring NGA infrastructure: The performance of EMAT auctions in Italy," Telecommunications Policy, Elsevier, vol. 45(1).
    25. Gerli, Paolo & Van der Wee, Marlies & Verbrugge, Sofie & Whalley, Jason, 2017. "The involvement of utilities in the development of broadband infrastructure: A comparison of EU case studies," 28th European Regional ITS Conference, Passau 2017 169461, International Telecommunications Society (ITS).
    26. Fourberg, Niklas & Korff, Alex, 2020. "Fiber vs. vectoring: Limiting technology choices in broadband expansion," Telecommunications Policy, Elsevier, vol. 44(8).
    27. Briglauer, Wolfgang & Stocker, Volker & Whalley, Jason, 2020. "Public policy targets in EU broadband markets: The role of technological neutrality," Telecommunications Policy, Elsevier, vol. 44(5).
    28. Abrardi, Laura & Cambini, Carlo, 2019. "Ultra-fast broadband investment and adoption: A survey," Telecommunications Policy, Elsevier, vol. 43(3), pages 183-198.
    29. Gerli, Paolo & Wainwright, David & Whalley, Jason, 2017. "Infrastructure investment on the margins of the market: The role of niche infrastructure providers in the UK," Telecommunications Policy, Elsevier, vol. 41(9), pages 743-756.
    30. Gerli, Paolo & Whalley, Jason, 2016. "Infrastructure investment on the margins of the market: The role of niche infrastructure providers in the UK," 27th European Regional ITS Conference, Cambridge (UK) 2016 148671, International Telecommunications Society (ITS).

  9. Klaus Gugler & Dennis C. Mueller & Michael Weichselbaumer & B. Burcin Yurtoglu, 2012. "Market Optimism and Merger Waves," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 33(3), pages 159-175, April.

    Cited by:

    1. Tomaso Duso & Klaus Gugler & Florian Szücs, 2010. "An Empirical Assessment of the 2004 EU Merger Policy Reform," CIG Working Papers SP II 2010-16, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    2. Mager, Ferdinand & Meyer-Fackler, Martin, 2017. "Mergers and acquisitions in Germany: 1981–2010," Global Finance Journal, Elsevier, vol. 34(C), pages 32-42.
    3. Yuan, Chen & Jiang, Hanming & Chen, Chen, 2023. "Differences in returns to cross-border and domestic mergers and acquisitions: Empirical evidence from China using PSM-DID," Finance Research Letters, Elsevier, vol. 55(PB).
    4. Bayiley, Yitbarek Takele & Redae, Haben Mehari, 2022. "Domestic Bank Merger and Acquisition in Ethiopia: a prudent strategy for efficiency and synergy gain," Ethiopian Journal of Economics, Ethiopian Economics Association, vol. 26(1), April.

  10. Gugler, Klaus & Mueller, Dennis C. & Weichselbaumer, Michael, 2012. "The determinants of merger waves: An international perspective," International Journal of Industrial Organization, Elsevier, vol. 30(1), pages 1-15.
    See citations under working paper version above.
  11. Duso, Tomaso & Gugler, Klaus & Yurtoglu, Burcin B., 2011. "How effective is European merger control?," European Economic Review, Elsevier, vol. 55(7), pages 980-1006.
    See citations under working paper version above.
  12. Klaus Gugler & Evgeni Peev, 2010. "Institutional Determinants of Investment-Cash Flow Sensitivities in Transition Economies," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 52(1), pages 62-81, March.

    Cited by:

    1. Gugler, Klaus & Peev, Evgeni & Segalla, Esther, 2013. "The internal workings of internal capital markets: Cross-country evidence," Journal of Corporate Finance, Elsevier, vol. 20(C), pages 59-73.
    2. Tsapin Andriy & Tsapin Oleksandr, 2014. "Corporate Investment and Financial Crisis: Can Under- and Overinvestment Be Mitigated by Banks in an Emerging Market?," EERC Working Paper Series 14/04e, EERC Research Network, Russia and CIS.
    3. Sprenger, Carsten & Lazareva, Olga, 2022. "Corporate governance and investment-cash flow sensitivity: Evidence from Russian unlisted firms," Journal of Comparative Economics, Elsevier, vol. 50(1), pages 71-100.
    4. Carsten Sprenger & Olga Lazareva, 2017. "Corporate Governance and Investment: Evidence from Russian Unlisted Firms," HSE Working papers WP BRP 160/EC/2017, National Research University Higher School of Economics.

  13. Duso, Tomaso & Gugler, Klaus & Yurtoglu, Burcin, 2010. "Is the event study methodology useful for merger analysis? A comparison of stock market and accounting data," International Review of Law and Economics, Elsevier, vol. 30(2), pages 186-192, June.
    See citations under working paper version above.
  14. Gugler, Klaus & Mueller, Dennis C. & Yurtoglu, B. Burcin, 2008. "Insider ownership, ownership concentration and investment performance: An international comparison," Journal of Corporate Finance, Elsevier, vol. 14(5), pages 688-705, December.

    Cited by:

    1. Bjuggren, Per-Olof & Högberg, Andreas, 2012. "Legal Origin and Firm Size Effects Around the World," Ratio Working Papers 191, The Ratio Institute.
    2. Gugler, Klaus & Peev, Evgeni & Segalla, Esther, 2013. "The internal workings of internal capital markets: Cross-country evidence," Journal of Corporate Finance, Elsevier, vol. 20(C), pages 59-73.
    3. Johan Eklund & Johanna Palmberg & Daniel Wiberg, 2013. "Inherited corporate control and returns on investment," Small Business Economics, Springer, vol. 41(2), pages 419-431, August.
    4. Liu, Liyun & Zhao, Zhenzhi & Zhang, Mingming & Zhou, Dequn, 2022. "Green investment efficiency in the Chinese energy sector: Overinvestment or underinvestment?," Energy Policy, Elsevier, vol. 160(C).
    5. Lei Zhou & Feng Wei & Yu Kong, 2022. "Do Employee Stock Ownership Plans Affect Corporate Social Responsibility? Evidence from China," IJERPH, MDPI, vol. 19(3), pages 1-19, January.
    6. Johan Erik Eklund & Thomas Poulsen, 2014. "One share--one vote: evidence from Europe," Applied Financial Economics, Taylor & Francis Journals, vol. 24(7), pages 453-464, April.
    7. Gugler, Klaus & Mueller, Dennis C. & Peev, Evgeni & Segalla, Esther, 2013. "Institutional determinants of domestic and foreign subsidiaries’ performance," International Review of Law and Economics, Elsevier, vol. 34(C), pages 88-96.
    8. Lin, Yongjia & Fu, Xiaoqing & Fu, Xiaolan, 2021. "Varieties in state capitalism and corporate innovation: Evidence from an emerging economy," Journal of Corporate Finance, Elsevier, vol. 67(C).
    9. Thomas Poulsen, 2013. "Corporate control and underinvestment," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 17(1), pages 131-155, February.
    10. Naiwei Chen & E-N Hsiao, 2014. "Insider ownership and financial flexibility," Applied Economics, Taylor & Francis Journals, vol. 46(29), pages 3609-3629, October.
    11. Subhan Ullah & Sardar Ahmad & Saeed Akbar & Devendra Kodwani & Jane Frecknall‐Hughes, 2021. "Governance disclosure quality and market valuation of firms in UK and Germany," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(4), pages 5031-5055, October.
    12. Klaus Gugler, 2013. "The determinants of rent extraction in the parent-subsidiary relation," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 40(2), pages 343-362, May.
    13. Burns, Natasha & Kedia, Simi & Lipson, Marc, 2010. "Institutional ownership and monitoring: Evidence from financial misreporting," Journal of Corporate Finance, Elsevier, vol. 16(4), pages 443-455, September.
    14. Pillai, Rekha & Al-Malkawi, Husam-Aldin Nizar, 2018. "On the relationship between corporate governance and firm performance: Evidence from GCC countries," Research in International Business and Finance, Elsevier, vol. 44(C), pages 394-410.
    15. Daniel Ferreira Caixe & Elizabeth Krauter, 2014. "The Relation between corporate governance and market value:mitigating endogeneityProblems," Brazilian Business Review, Fucape Business School, vol. 11(1), pages 90-110, January.
    16. Chacko Jacob & Jijo Lukose P.J, 2019. "Institutional ownership and firm operating performance Evidence from India," Working papers 331, Indian Institute of Management Kozhikode.
    17. Ying Wu & Hong Kim Duong & E. Libin & Hong Yao, 2021. "The ownership effect on corporate investment distortion in the transitional economies: Mitigating or exacerbating?," Review of Quantitative Finance and Accounting, Springer, vol. 57(2), pages 523-555, August.
    18. Ghouma, Hatem H. & Ouni, Zeineb, 2022. "The sovereign wealth funds risk premium: Evidence from the cost of debt financing," Journal of Corporate Finance, Elsevier, vol. 76(C).
    19. Moore, Jared A. & Suh, SangHyun & Werner, Edward M., 2017. "Dual entrenchment and tax management: Classified boards and family firms," Journal of Business Research, Elsevier, vol. 79(C), pages 161-172.
    20. Zorica Kalezić, 2015. "Ownership Concentration and Firm Performance in Transition Economies: Evidence from Montenegro," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 4(3), pages 5-64.
    21. Saona, Paolo & San-Martin, Pablo & Vallelado, Eleuterio, 2024. "The zero-debt puzzle in BRICS countries: Disentangling the financial flexibility and financial constraints hypotheses," Emerging Markets Review, Elsevier, vol. 61(C).
    22. Harish Kumar Singla & Anand Prakash, 2021. "Financial determinants of value based performance of construction firms in India," International Journal of Productivity and Performance Management, Emerald Group Publishing Limited, vol. 72(4), pages 1025-1050, October.
    23. Johanna Palmberg, 2015. "The performance effect of corporate board of directors," European Journal of Law and Economics, Springer, vol. 40(2), pages 273-292, October.
    24. Ahmad Ibn Ibrahimy & Dr. Rubi Ahmad, 2012. "Executive Stock Option Exercising Behavior: Evidence From Bursa Malaysia," Far East Journal of Marketing and Management, Far East Research Centre, vol. 2(2), pages 14-24, August.
    25. Lu, Hsueh-Tien & Keung, Edmund C., 2019. "Entry mode and firm value: Evidence from investing firms in mainland China," Pacific-Basin Finance Journal, Elsevier, vol. 58(C).
    26. Kwak, Kiho & Kim, Namil, 2020. "Concentrate or disperse? The relationship between major customer concentration and supplier profitability and the moderating role of insider ownership," Journal of Business Research, Elsevier, vol. 109(C), pages 648-658.
    27. Wang, Jiangyuan & Wang, Hua & Wang, Di, 2021. "Equity concentration and investment efficiency of energy companies in China: Evidence based on the shock of deregulation of QFIIs," Energy Economics, Elsevier, vol. 93(C).
    28. Varun Bhandari & Ashima Arora, 2016. "Influence of Shareholders’ Activism and Firm-level Variables on the Corporate Governance Quality in India," Indian Journal of Corporate Governance, , vol. 9(2), pages 122-147, December.

  15. Klaus Gugler & Ralph Siebert, 2007. "Market Power versus Efficiency Effects of Mergers and Research Joint Ventures: Evidence from the Semiconductor Industry," The Review of Economics and Statistics, MIT Press, vol. 89(4), pages 645-659, November.
    See citations under working paper version above.
  16. Klaus Gugler & Dennis C. Mueller & B. Burcin Yurtoglu, 2007. "Corporate Governance and the Determinants of Investment," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 163(4), pages 598-626, December.

    Cited by:

    1. Musiliu O. Oseni & Michael G. Pollitt, 2013. "The Economic Costs of Unsupplied Electricity: Evidence from Backup Generation among African Firms," Working Papers EPRG 1326, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    2. Breuer, Wolfgang & Knetsch, Andreas, 2022. "Informal authority and economic outcomes of family firms: An issue of national power distance," International Review of Financial Analysis, Elsevier, vol. 81(C).
    3. Tumer-Alkan, G., 2008. "Essays on banking," Other publications TiSEM 8d5ec521-4702-4e75-bc79-a, Tilburg University, School of Economics and Management.
    4. Valentina Peruzzi, 2017. "Does family ownership structure affect investment-cash flow sensitivity? Evidence from Italian SMEs," Applied Economics, Taylor & Francis Journals, vol. 49(43), pages 4378-4393, September.
    5. Mueller, Dennis C. & Peev, Evgeni, 2007. "Corporate governance and investment in Central and Eastern Europe," Journal of Comparative Economics, Elsevier, vol. 35(2), pages 414-437, June.
    6. Leviticus Mensah & Murad Abdurahman Bein, 2023. "Sound Corporate Governance and Financial Performance: Is There a Link? Evidence from Manufacturing Companies in South Africa, Nigeria, and Ghana," Sustainability, MDPI, vol. 15(12), pages 1-24, June.
    7. Esther Kalkbrenner, 2010. "Acquired versus Non-Acquired Subsidiaries - Which Entry Mode do Parent Firms Prefer," NRN working papers 2010-22, The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria.
    8. Ruiz-Porras, Antonio & Lopez-Mateo, Celina, 2010. "The separation of ownership and control and investment decisions in Mexican manufacturing firms," MPRA Paper 25237, University Library of Munich, Germany.
    9. Giovanni Ferri & Pierluigi Murro & Marco Pini, 2018. "Credit Rationing and the Relationship Between Family Businesses and Banks in Italy," CERBE Working Papers wpC24, CERBE Center for Relationship Banking and Economics.
    10. Randall Morck & Bernard Yeung, 2010. "Agency Problems and the Fate of Capitalism," NBER Working Papers 16490, National Bureau of Economic Research, Inc.
    11. Marc Goergen & Christine A. Mallin & Eve Mitleton-Kelly & Ahmed Al-Hawamdeh & Iris H-Y Chiu, 2010. "Corporate Governance and Complexity Theory," Books, Edward Elgar Publishing, number 13927.
    12. Rammer, Christian & Köhler, Christian, 2012. "Innovationen, Anlageinvestitionen und immaterielle Investitionen," ZEW Discussion Papers 12-085, ZEW - Leibniz Centre for European Economic Research.

  17. Georg Götz & Klaus Gugler, 2006. "Market Concentration and Product Variety under Spatial Competition: Evidence from Retail Gasoline," Journal of Industry, Competition and Trade, Springer, vol. 6(3), pages 225-234, December.
    See citations under working paper version above.
  18. Gerhard Clemenz & Klaus Gugler, 2006. "Locational choice and price competition: some empirical results for the austrian retail gasoline market," Empirical Economics, Springer, vol. 31(2), pages 291-312, June.

    Cited by:

    1. Nguyen-Ones, Mai & Steen, Frode, 2018. "Measuring Market Power in Gasoline Retailing: A Market- or Station Phenomenon?," Discussion Paper Series in Economics 6/2018, Norwegian School of Economics, Department of Economics.
    2. Matthias Firgo & Agnes Kügler, 2014. "Detecting Collusion in Spatially Differentiated Markets," Department of Economics Working Papers wuwp188, Vienna University of Economics and Business, Department of Economics.
    3. Neukirch Arne & Wein Thomas, 2019. "Price Gouging at the Pump? The Lerner Index and the German Fuel Market," Review of Economics, De Gruyter, vol. 70(2), pages 157-192, August.
    4. Frederik von Waldow & Heike Link, 2024. "Spatial Competition and Pass-through of Fuel Taxes: Evidence from a Quasi-natural Experiment in Germany," Discussion Papers of DIW Berlin 2086, DIW Berlin, German Institute for Economic Research.
    5. Rrukaj, Ritvana & Steen, Frode, 2024. "Asymmetric cost transmission and market power in retail gasoline markets," Discussion Paper Series in Economics 8/2024, Norwegian School of Economics, Department of Economics.
    6. Firgo, Matthias & Pennerstorfer, Dieter & Weiss, Christoph R., 2015. "Centrality and pricing in spatially differentiated markets: The case of gasoline," International Journal of Industrial Organization, Elsevier, vol. 40(C), pages 81-90.
    7. Ren, Xiaohang & Lu, Zudi & Cheng, Cheng & Shi, Yukun & Shen, Jian, 2019. "On dynamic linkages of the state natural gas markets in the USA: Evidence from an empirical spatio-temporal network quantile analysis," Energy Economics, Elsevier, vol. 80(C), pages 234-252.
    8. Balaguer, Jacint & Ripollés, Jordi, 2021. "Does multimarket contact affect prices in the retail fuel industry? First empirical evidence," Energy Economics, Elsevier, vol. 93(C).
    9. Koh, Kanghyok & Jeon, Sungho & Lee, Jinhyuk, 2022. "The effects of price competition on firms' operations and market price: Evidence from a retail gasoline market," Energy Economics, Elsevier, vol. 108(C).
    10. Kihm, Alex & Ritter, Nolan & Vance, Colin, 2014. "Is the German Retail Gas Market Competitive? A Spatial-temporal Analysis Using Quantile Regression," Ruhr Economic Papers 522, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    11. Juan Jiménez & Jordi Perdiguero, 2012. "Does Rigidity of Prices Hide Collusion?," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 41(3), pages 223-248, November.
    12. Claudio-Pachecano, L. & Larralde, H., 2020. "Agglomeration or separation: Store patterns through an optimal location model," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 542(C).
    13. Pichler, Eva & Böheim, Michael H., 2013. "Excise taxes on gasoline and suppliers’ market power: A note," Economics Letters, Elsevier, vol. 118(1), pages 110-112.
    14. LeSage, James P. & Chih, Yao-Yu & Vance, Colin, 2019. "Markov Chain Monte Carlo estimation of spatial dynamic panel models for large samples," Computational Statistics & Data Analysis, Elsevier, vol. 138(C), pages 107-125.
    15. Balaguer, Jacint & Ripollés, Jordi, 2018. "The dynamics pattern of price dispersion in retail fuel markets," Energy Economics, Elsevier, vol. 74(C), pages 546-564.
    16. Palencia-González, Francisco J. & Navío-Marco, Julio & Juberías-Cáceres, Gema, 2020. "Analysis of brand influence in the rockets and feathers effect using disaggregated data," Research in International Business and Finance, Elsevier, vol. 52(C).
    17. Oczkowski, Edward & Wong, Alfred & Sharma, Kishor, 2018. "The impact of major fuel retailers on regional New South Wales petrol prices," Economic Analysis and Policy, Elsevier, vol. 57(C), pages 44-59.
    18. Sylvain Benoît & Yannick Lucotte & Sébastien Ringuedé, 2019. "Competition and price stickiness: Evidence from the French retail gasoline market," Working Papers hal-02292332, HAL.
    19. Tadas Bruzikas & Adriaan R. Soetevent, 2014. "Detailed Data and Changes in Market Structure: The Move to Unmanned Gasoline Service Stations," Tinbergen Institute Discussion Papers 14-123/VII, Tinbergen Institute.
    20. Leonardo C. B. Cardoso & Carlos Frederico A. Uchôa & Williams Huamani & David R. Just & Raúl V. Gomez, 2022. "Price effects of spatial competition in retail fuel markets: the impact of a new rival nearby," Papers in Regional Science, Wiley Blackwell, vol. 101(1), pages 81-105, February.
    21. Demet Yilmazkuday & Hakan Yilmazkuday, 2016. "Understanding Gasoline Price Dispersion," Working Papers 1602, Florida International University, Department of Economics.
    22. Michal Kvasnička & Rostislav Staněk & Ondřej Krčál, 2018. "Is the Retail Gasoline Market Local or National?," Journal of Industry, Competition and Trade, Springer, vol. 18(1), pages 47-58, March.
    23. Bernd Jost, 2012. "Price Dispersion, Search Costs and Spatial Competition: Evidence from the Austrian Retail Gasoline Market," NEURUS papers neurusp166, NEURUS - Network of European and US Regional and Urban Studies.
    24. Gnagey, Matthew, 2012. "Heterogeneous Developers, Spatial Interactions, and Land Development Outcomes under Uncertainty," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124932, Agricultural and Applied Economics Association.
    25. Daniel Albalate & Jordi Perdiguero, 2012. "“Entry Regulation Asymmetries and Gasoline Competition in a Mixed Motorway Network”," IREA Working Papers 201218, University of Barcelona, Research Institute of Applied Economics, revised Nov 2012.
    26. Georg Goetz & Klaus Gugler, 2004. "Market Concentration and Product Variety under Spatial Competition: Evidence from Retail Gasoline," CESifo Working Paper Series 1289, CESifo.
    27. Csorba, Gergely & Koltay, Gábor & Farkas, Dávid, 2009. "Árak és koncentráció a magyar kiskereskedelmi üzemanyagpiacon [Prices and concentration on the Hungarian retail market for motor fuels]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 1088-1109.
    28. Bello, Alejandro & Contín-Pilart, Ignacio, 2012. "Taxes, cost and demand shifters as determinants in the regional gasoline price formation process: Evidence from Spain," Energy Policy, Elsevier, vol. 48(C), pages 439-448.
    29. Valadkhani, Abbas & Anwar, Sajid & Ghazanfari, Arezoo & Nguyen, Jeremy, 2021. "Are petrol retailers less responsive to changes in wholesale or crude oil prices when they face lower competition? The case of Greater Sydney," Energy Policy, Elsevier, vol. 153(C).
    30. Farkas, Richárd, 2017. "Empirikus reakciógörbe-becslés a magyar kiskereskedelmi benzinpiacon [Estimating empirical reaction functions in the Hungarian retail gasoline market]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(3), pages 267-284.
    31. Stephen Hogg & Stan Hurn & Stuart McDonald & Alicia Rambaldi, 2012. "A Spatial Econometric Analysis of the Effect of Vertical Restraints and Branding on Retail Gasoline Pricing," NCER Working Paper Series 86, National Centre for Econometric Research.
    32. Jing Xu & Alan T. Murray, 2019. "Spatial variability in retail gasoline markets," Asia-Pacific Journal of Regional Science, Springer, vol. 3(2), pages 581-603, June.
    33. Nguyen-Ones , Mai & Steen, Frode, 2018. "Market Power in Retail Gasoline Markets," Discussion Paper Series in Economics 21/2019, Norwegian School of Economics, Department of Economics, revised 01 Jul 2019.
    34. Bruzikas, Tadas & Soetevent, Adriaan, 2014. "Detailed data and changes in market structure," Research Report 14027-EEF, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    35. Michal Kvasnička, 2022. "Can we ignore spatial dependence when evaluating mergers?," Empirical Economics, Springer, vol. 62(3), pages 1323-1344, March.
    36. Balaguer, Jacint & Ripollés, Jordi, 2020. "Do classes of gas stations contribute differently to fuel prices? Evidence to foster effective competition in Spain," Energy Policy, Elsevier, vol. 139(C).
    37. Bergantino, Angela S. & Capozza, Claudia & Intini, Mario, 2020. "Empirical investigation of retail fuel pricing: The impact of spatial interaction, competition and territorial factors," Energy Economics, Elsevier, vol. 90(C).
    38. Mats P. Kahl, 2020. "Impact of Cross-Border Competition on the German Retail Gasoline Market – German-Polish Border," Working Paper Series in Economics 392, University of Lüneburg, Institute of Economics.
    39. Alderighi, Marco & Baudino, Marco, 2015. "The pricing behavior of Italian gas stations: Some evidence from the Cuneo retail fuel market," Energy Economics, Elsevier, vol. 50(C), pages 33-46.
    40. Arezoo Ghazanfari, 2022. "What Drives Petrol Price Dispersion across Australian Cities?," Energies, MDPI, vol. 15(16), pages 1-24, August.

  19. Klaus Gugler & Dennis C. Mueller & B. Burcin Yurtoglu, 2004. "Corporate Governance and Globalization," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 20(1), pages 129-156, Spring.

    Cited by:

    1. Singh, A., 2011. "Financial Globalisation and Human Development," Working Papers wp421, Centre for Business Research, University of Cambridge.
    2. Luo, Yadong, 2005. "How does globalization affect corporate governance and accountability? A perspective from MNEs," Journal of International Management, Elsevier, vol. 11(1), pages 19-41, March.
    3. Ajit Singh, 2010. "Are the Institutions of the Stock Market and the Market for Corporate Control Evolutionary Advances for Developing Countries?," Palgrave Macmillan Books, in: Giuseppe Fontana & John McCombie & Malcolm Sawyer (ed.), Macroeconomics, Finance and Money, chapter 21, pages 311-326, Palgrave Macmillan.
    4. Johan E. Eklund & Sameeksha Desai, 2008. "Ownership, Economic Entrenchment and Allocation of Capital," Jena Economics Research Papers 2008-012, Friedrich-Schiller-University Jena.
    5. Ajit Singh & Jack Glen & Ann Zammitt & Rafael De Hoyos & Alaka Singh & Bruce Weisse, 2005. "Shareholder value maximisation, stock market and new technology: should the US corporate model be the universal standard," Working Papers wp315, Centre for Business Research, University of Cambridge.
    6. ATM Adnan & Hilda Tandigalla, 2017. "The Dramatic Shift In Emphasis From A Shareholder-Dominated Approach To A Stakeholder-Oriented Corporate Governance Model," European Journal of Business and Economics, Central Bohemia University, vol. 12(2), pages 11151:12-11, January.
    7. Gugler, Klaus & Mueller, Dennis C. & Peev, Evgeni & Segalla, Esther, 2013. "Institutional determinants of domestic and foreign subsidiaries’ performance," International Review of Law and Economics, Elsevier, vol. 34(C), pages 88-96.
    8. Deakin, Simon & Sarkar, Prabirjit & Singh, Ajit, 2011. "An end to consensus? the selective impact of corporate law reform on financial development," MPRA Paper 39047, University Library of Munich, Germany.
    9. Palmberg, Johanna, 2012. "Family Control and Executive Compensation," Ratio Working Papers 186, The Ratio Institute.
    10. Donatella Gatti, 2009. "Macroeconomic effects of ownership structure in OECD countries," PSE-Ecole d'économie de Paris (Postprint) halshs-00754331, HAL.
    11. Scheuplein, Christoph, 2020. "Wer kommt, wenn Private Equity geht? Langfristige Wirkungen auf die Eigentümerstruktur deutscher Unternehmen," Forschung Aktuell 10/2020, Institut Arbeit und Technik (IAT), Westfälische Hochschule, University of Applied Sciences.
    12. Antonio Torrero Mañas, 2005. "The increasing relevance of the stock market in the world: A new scenario," Working Papers 01/05, Instituto Universitario de Análisis Económico y Social.
    13. Goergen, M. & Renneboog, L.D.R., 2008. "Contractual Corporate Governance," Other publications TiSEM e91f8fa7-6824-4f62-852e-d, Tilburg University, School of Economics and Management.
    14. Kathryn Harrigan, 2014. "Comparing corporate governance practices and exit decisions between US and Japanese firms," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 18(4), pages 975-988, November.
    15. Ajit Singh, 2008. "Stock Markets in Low and Middle Income Countries," Working Papers wp377, Centre for Business Research, University of Cambridge.
    16. Johanna Palmberg & Johan Eklund & Daniel Wiberg, 2011. "Family Ownership and Return on Investments - Founders, Heirs and External Managers," ERSA conference papers ersa10p1517, European Regional Science Association.
    17. Alan Hughes, 2014. "Short-Termism, Impatient Capital and Finance for Manufacturing Innovation in the UK," Working Papers wp457, Centre for Business Research, University of Cambridge.

  20. Paul Geroski & Klaus Gugler, 2004. "Corporate growth convergence in Europe," Oxford Economic Papers, Oxford University Press, vol. 56(4), pages 597-620, October.
    See citations under working paper version above.
  21. Gugler, Klaus & Yurtoglu, B. Burcin, 2004. "The effects of mergers on company employment in the USA and Europe," International Journal of Industrial Organization, Elsevier, vol. 22(4), pages 481-502, April.

    Cited by:

    1. Chatt, Robert & Gustafson, Matthew & Welker, Adam, 2021. "Firing frictions and the U.S. mergers and acquisitions market," Journal of Banking & Finance, Elsevier, vol. 128(C).
    2. Kjell Erik Lommerud & Odd Rune Straume & Lars Sørgard, 2006. "National versus international mergers in unionized oligopoly," RAND Journal of Economics, RAND Corporation, vol. 37(1), pages 212-233, March.
    3. Kaitila, Ville & McQuinn, John & Siedschlag, Iulia & Zhang, Xiaoheng, 2013. "International Investment and Firm Performance: Empirical Evidence from Small Open Economies," ETLA Reports 6, The Research Institute of the Finnish Economy.
    4. Gugler, Klaus & Weichselbaumer, Michael & Zulehner, Christine, 2020. "Employment behavior and the economic crisis: Evidence from winners and runners-up in procurement auctions," Journal of Public Economics, Elsevier, vol. 182(C).
    5. Lommerud, Kjell Erik & Meland, Frode & Straume, Odd Rune, 2011. "Mergers and capital flight in unionised oligopolies: Is there scope for a "national champion" policy?," International Review of Economics & Finance, Elsevier, vol. 20(2), pages 325-341, April.
    6. Yannis Caloghirou & Ioannis Giotopoulos & Alexandra Kontolaimou & Aggelos Tsakanikas, 2022. "Inside the black box of high-growth firms in a crisis-hit economy: corporate strategy, employee human capital and R&D capabilities," International Entrepreneurship and Management Journal, Springer, vol. 18(3), pages 1319-1345, September.
    7. Sumit K. Majumdar & Rabih Moussawi & Ulku Yaylacicegi, 2019. "Mergers and Wages in Digital Networks: a Public Interest Perspective," Journal of Industry, Competition and Trade, Springer, vol. 19(4), pages 583-615, December.
    8. Kubo, Katsuyuki & Saito, Takuji, 2012. "The effect of mergers on employment and wages: Evidence from Japan," Journal of the Japanese and International Economies, Elsevier, vol. 26(2), pages 263-284.
    9. Donald S. Siegel & Kenneth L. Simons & Tomas Lindstrom, 2009. "Ownership Change, Productivity, and Human Capital: New Evidence from Matched Employer-Employee Data," NBER Chapters, in: Producer Dynamics: New Evidence from Micro Data, pages 397-442, National Bureau of Economic Research, Inc.
    10. Oberhofer, Harald, 2010. "Employment effects of acquisitions: Evidence from acquired European firms," Working Papers in Economics 2010-10, University of Salzburg.
    11. Elena Cefis & Ángela Triguero, 2016. "Make, Buy, or Both: The Innovation Sourcing Strategy Dilemma after M&A," Growth and Change, Wiley Blackwell, vol. 47(2), pages 175-196, June.
    12. Khan, Zaheer & Soundararajan, Vivek & Wood, Geoffrey & Ahammad, Mohammad Faisal, 2020. "Employee emotional resilience during post-merger integration across national boundaries: Rewards and the mediating role of fairness norms," Journal of World Business, Elsevier, vol. 55(2).
    13. Lehto, Eero & Böckerman, Petri, 2008. "Analysing the employment effects of mergers and acquisitions," Journal of Economic Behavior & Organization, Elsevier, vol. 68(1), pages 112-124, October.
    14. Benjamin Furlan & Harald Oberhofer & Hannes Winner, 2014. "A Note on Merger and Acquisition Evaluation," WIFO Working Papers 462, WIFO.
    15. Alberto Behar & James Hodge, 2007. "The employment effects of mergers in a declining industry: the case of South African gold mining," Economics Series Working Papers 335, University of Oxford, Department of Economics.
    16. Olivier Bertrand & Laurence Capron, 2015. "Productivity enhancement at home via cross-border acquisitions: The roles of learning and contemporaneous domestic investments," Strategic Management Journal, Wiley Blackwell, vol. 36(5), pages 640-658, May.
    17. Budzinski, Oliver & Stöhr, Annika, 2023. "Energieversorgungssicherheit als Gemeinwohl: Auswirkungen des Instrumentes Ministererlaubnis," Ilmenau Economics Discussion Papers 177, Ilmenau University of Technology, Institute of Economics.
    18. Van Biesebroeck, Johannes & Geurts, Karen, 2017. "Employment growth following takeovers," CEPR Discussion Papers 12167, C.E.P.R. Discussion Papers.
    19. Ahmad, Muhammad Farooq & Lambert, Thomas, 2019. "Collective bargaining and mergers and acquisitions activity around the world," Journal of Banking & Finance, Elsevier, vol. 99(C), pages 21-44.
    20. Joel Stiebale & Michaela Trax, 2011. "The effects of cross-border M&As on the acquirers' domestic performance: firm-level evidence," Canadian Journal of Economics, Canadian Economics Association, vol. 44(3), pages 957-990, August.
    21. Budzinski, Oliver & Stöhr, Annika, 2018. "Die Ministererlaubnis als Element der deutschen Wettbewerbsordnung: Eine theoretische und empirische Analyse," Ilmenau Economics Discussion Papers 114, Ilmenau University of Technology, Institute of Economics.
    22. Oberhofer, Harald & Stöckl, Matthias & Winner, Hannes, 2012. "The wage premium of globalization: Evidence from European mergers and acquisitions," Economics Discussion Papers 2012-6, Kiel Institute for the World Economy (IfW Kiel).
    23. Taguchi, Hiroyuki, 2013. "The impacts of M&A on employment and labor productivity in Japan," MPRA Paper 65705, University Library of Munich, Germany.
    24. Dirk Burghardt & Marco Helm, 2015. "Firm growth in the course of mergers and acquisitions," Small Business Economics, Springer, vol. 44(4), pages 889-904, April.
    25. Marinescu, Ioana & Ouss, Ivan & Pape, Louis-Daniel, 2021. "Wages, hires, and labor market concentration," Journal of Economic Behavior & Organization, Elsevier, vol. 184(C), pages 506-605.
    26. Petri Böckerman & Eero Lehto, 2006. "Enemy of Labour? Analysing the Employment Effects of Mergers and Acquisitions," Working Papers 221, Työn ja talouden tutkimus LABORE, The Labour Institute for Economic Research LABORE.
    27. Oliver Budzinski & Jürgen-Peter Kretschmer, 2009. "Horizontal Mergers, Involuntary Unemployment, and Welfare," MAGKS Papers on Economics 200907, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    28. Sumit K. Majumdar & Rabih Moussawi & Ulku Yaylacicegi, 2014. "Do Incumbents’ Mergers Influence Entrepreneurial Entry? An Evaluation," Entrepreneurship Theory and Practice, , vol. 38(3), pages 601-633, May.
    29. Pagoni, Ioanna & Psaraki-Kalouptsidi, Voula, 2016. "The impact of carbon emission fees on passenger demand and air fares: A game theoretic approach," Journal of Air Transport Management, Elsevier, vol. 55(C), pages 41-51.
    30. Gugler, Klaus & Weichselbaumer, Michael & Zulehner, Christine, 2018. "Effects of government spending on employment: Evidence from winners and runners-up in procurement auctions," SAFE Working Paper Series 213, Leibniz Institute for Financial Research SAFE.
    31. Kokko, Ari & Söderlund, Bengt & Gustavsson Tingvall, Patrik, 2013. "Redirecting International Trade: Contracts, Conflicts, and Institutions," Ratio Working Papers 226, The Ratio Institute.
    32. Margarita Carvalho & João Cerejeira, 2019. "Mergers and Acquisitions and wage effects in the Portuguese banking sector," NIPE Working Papers 07/2019, NIPE - Universidade do Minho.
    33. Majumdar, Sumit K. & Yaylacicegi, Ulku & Moussawi, Rabih, 2012. "Mergers and synergy: Lessons from contemporary telecommunications history," Telecommunications Policy, Elsevier, vol. 36(2), pages 140-154.
    34. Ragnhild Balsvik & Stefanie A. Haller, 2010. "Picking “Lemons” or Picking “Cherries”? Domestic and Foreign Acquisitions in Norwegian Manufacturing," Scandinavian Journal of Economics, Wiley Blackwell, vol. 112(2), pages 361-387, June.
    35. Crina Angela Copil, 2014. "Bank Merging And Acquisitions - Conceptual Clarifications," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 103-110, August.
    36. Sumit K. Majumdar & Rabih Moussawi & Ulku Yaylacicegi, 2018. "Capital Structure and Mergers: Retrospective Evidence from a Natural Experiment," Journal of Industry, Competition and Trade, Springer, vol. 18(4), pages 449-472, December.
    37. Hiroyuki Taguchi & Taichi Yanagawa, 2013. "The dynamic impacts of M&A on employment in Japan," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 17(2), pages 511-533, May.
    38. Amit Soni & Avinash Chandra & Sumati Varma, 2020. "Impact of M&As on Employment in the Indian Information Technology (IT) Industry," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 63(2), pages 311-329, June.
    39. Harald Oberhofer & Christian Glocker & Werner Hölzl & Peter Huber & Serguei Kaniovski & Klaus Nowotny & Michael Pfaffermayr & Monique Ebell & Nikolaos Kontogiannis, 2016. "Single Market Transmission Mechanisms Before, During and After the 2008-09 Crisis. A Quantitative Assessment," WIFO Studies, WIFO, number 59156, March.
    40. Yamada, Toshihiro & Taguchi, Hiroyuki, 2010. "The dynamic impacts of M&A on target firm’s labor in Japan: tentative dynamic panel estimation by GMM," MPRA Paper 64842, University Library of Munich, Germany.
    41. Budzinski, Oliver & Stöhr, Annika, 2019. "Public interest considerations in European merger control regimes," Ilmenau Economics Discussion Papers 130, Ilmenau University of Technology, Institute of Economics.
    42. Bertrand, Olivier & Betschinger, Marie-Ann, 2012. "Performance of domestic and cross-border acquisitions: Empirical evidence from Russian acquirers," Journal of Comparative Economics, Elsevier, vol. 40(3), pages 413-437.
    43. Azimjon Kuvandikov & Andrew Pendleton & David Higgins, 2014. "Employment Change after Takeovers: The Role of Executive Ownership," British Journal of Industrial Relations, London School of Economics, vol. 52(2), pages 191-236, June.
    44. Hiroyuki Taguchi & Taichi Yanagawa & Masashi Harita, 2010. "The Dynamic Impacts of M&A on Employment in Japan : Using Micro-data from the Financial Statements Statistics of Corporations by Industry," Microeconomics Working Papers 23114, East Asian Bureau of Economic Research.

  22. Gugler, Klaus & Mueller, Dennis C & Yurtoglu, B Burcin, 2004. "Corporate Governance and the Returns on Investment," Journal of Law and Economics, University of Chicago Press, vol. 47(2), pages 589-633, October.

    Cited by:

    1. Kraft, Kornelius & Czarnitzki, Dirk, 2004. "On the Profitability of Innovative Assets," ZEW Discussion Papers 04-38, ZEW - Leibniz Centre for European Economic Research.
    2. Bjuggren, Per-Olof & Högberg, Andreas, 2012. "Legal Origin and Firm Size Effects Around the World," Ratio Working Papers 191, The Ratio Institute.
    3. Gugler, Klaus & Peev, Evgeni & Segalla, Esther, 2013. "The internal workings of internal capital markets: Cross-country evidence," Journal of Corporate Finance, Elsevier, vol. 20(C), pages 59-73.
    4. Joseph A. Clougherty & Tomaso Duso, 2010. "Using Rival Effects to Identify Synergies and Improve Merger Typologies," CIG Working Papers SP II 2010-13, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    5. Eklund, Johan E. & Desai, Sameeksha, 2008. "A Methodological Note on Measuring the Functional Efficiency of Capital Markets," Ratio Working Papers 121, The Ratio Institute.
    6. Nam Hoai Tran & Chi Dat Le & David McMillan, 2020. "Ownership concentration, corporate risk-taking and performance: Evidence from Vietnamese listed firms," Cogent Economics & Finance, Taylor & Francis Journals, vol. 8(1), pages 1732640-173, January.
    7. Bjuggren, Per-Olof & Eklund, Johan & Wiberg, Daniel, 2008. "Institutional Ownership and the Returns on Investment," Ratio Working Papers 128, The Ratio Institute.
    8. Johan Eklund & Johanna Palmberg & Daniel Wiberg, 2013. "Inherited corporate control and returns on investment," Small Business Economics, Springer, vol. 41(2), pages 419-431, August.
    9. Eklund, Johan & Palmberg, Johanna & Wiberg, Daniel, 2009. "Ownership Structure, Board Composition and Investment Performance," Working Paper Series in Economics and Institutions of Innovation 172, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    10. Gugler, Klaus & Mueller, Dennis C. & Peev, Evgeni & Segalla, Esther, 2013. "Institutional determinants of domestic and foreign subsidiaries’ performance," International Review of Law and Economics, Elsevier, vol. 34(C), pages 88-96.
    11. Jarmila Curtiss & Laure Latruffe & Thomas Medonos & Tomas Ratinger, 2007. "Investment activity and ownership structure of Czech corporate farms," Post-Print hal-02416848, HAL.
    12. Engelen, Peter-Jan & van Essen, Marc, 2010. "Underpricing of IPOs: Firm-, issue- and country-specific characteristics," Journal of Banking & Finance, Elsevier, vol. 34(8), pages 1958-1969, August.
    13. Victoria Krivogorsky & Gary Grudnitski, 2010. "Country-specific institutional effects on ownership: concentration and performance of continental European firms," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 14(2), pages 167-193, May.
    14. Mueller, Dennis C. & Peev, Evgeni, 2007. "Corporate governance and investment in Central and Eastern Europe," Journal of Comparative Economics, Elsevier, vol. 35(2), pages 414-437, June.
    15. Per-Olof Bjuggren & Johan Eklund, 2015. "Property rights and the cost of capital," European Journal of Law and Economics, Springer, vol. 39(3), pages 523-537, June.
    16. Dennis Mueller, 2005. "Constitutional political economy in the European Union," Public Choice, Springer, vol. 124(1), pages 57-73, July.
    17. Klaus Gugler, 2013. "The determinants of rent extraction in the parent-subsidiary relation," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 40(2), pages 343-362, May.
    18. Chisari, Omar O. & Ferro, Gustavo, 2009. "Gobierno Corporativo: los problemas, estado actual de la discusión y un ejercicio de medición para Argentina [Corporate Governance: the problems, the current stage of the discussion and a measureme," MPRA Paper 15630, University Library of Munich, Germany.
    19. David Ratigan & Peter A. Zaleski, 2024. "The Drucker indexes and profitability: a first look," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 59(2), pages 78-85, April.
    20. Sorin-Romulus Berinde & Laura-Maria Herța, 2021. "Performance Improvements for Romanian SMEs and Their Predictors," Sustainability, MDPI, vol. 13(15), pages 1-13, July.
    21. Imen Khanchel El Mehdi, 2007. "Empirical Evidence on Corporate Governance and Corporate Performance in Tunisia," Corporate Governance: An International Review, Wiley Blackwell, vol. 15(6), pages 1429-1441, November.
    22. Andersson, David E & Andersson, Martin & Bjuggren, Per-Olof & Högberg, Andreas, 2014. "Corporate Governance Structures, Legal Origin and Firm Performance," Ratio Working Papers 246, The Ratio Institute.
    23. Andy Cosh & Paul M. Guest & Alan Hughes, 2006. "Board Share‐Ownership and Takeover Performance," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 33(3‐4), pages 459-510, April.
    24. Eva Jansson, 0. "Deregulation, property rights, and legal system," European Journal of Law and Economics, Springer, vol. 0, pages 1-25.
    25. Kawaguchi, Daiji, 2007. "A market test for sex discrimination: Evidence from Japanese firm-level panel data," International Journal of Industrial Organization, Elsevier, vol. 25(3), pages 441-460, June.
    26. Bjuggren, Per-Olof & Wiberg, Daniel, 2005. "Industry Specific Effects in Investment Performance and Valuation of Firms - Marginal q in a Stock Market Bubble," Working Paper Series in Economics and Institutions of Innovation 45, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    27. Dennis C. Mueller & B. Burcin Yurtoglu, 2007. "Corporate governance and the returns to acquiring firms' shareholders: an international comparison," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 28(8), pages 879-896.
    28. Nam Hoai Tran & Chi Dat Le, 2022. "Ownership concentration and firm valuation in a typical frontier market," Afro-Asian Journal of Finance and Accounting, Inderscience Enterprises Ltd, vol. 12(4), pages 427-454.
    29. Ozsoz, Emre & Gurarda, Sevin & Ates, Abidin, 2014. "Ownership Structure and Corporate Governance in the Case of Turkey," MPRA Paper 58293, University Library of Munich, Germany.
    30. Yen, Tze-Yu & Andre, Paul, 2007. "Ownership structure and operating performance of acquiring firms: The case of English-origin countries," Journal of Economics and Business, Elsevier, vol. 59(5), pages 380-405.
    31. Per-Olof Bjuggren & Andreas Högberg, 2011. "Legal Origin and Size Effects in European Listed Firms," ERSA conference papers ersa10p1488, European Regional Science Association.
    32. ATM Adnan & Nisar Ahmed, 2019. "The Transformation Of The Corporate Governance Model: A Literature Review," Copernican Journal of Finance & Accounting, Uniwersytet Mikolaja Kopernika, vol. 8(3), pages 7-47.
    33. Laing, Elaine & Gurdgiev, Constantin & Durand, Robert B. & Boermans, Boris, 2019. "U.S. tax inversions and shareholder wealth effects," International Review of Financial Analysis, Elsevier, vol. 62(C), pages 35-52.
    34. Jackie Di Vito, 2011. "Concentration de propriété et investissements en R&D:une perspective d’agence," Revue Finance Contrôle Stratégie, revues.org, vol. 14(2), pages 67-100, June.
    35. Sevin Gurarda & Emre Ozsoz & Abidin Ates, 2016. "Corporate Governance Rating and Ownership Structure in the Case of Turkey," IJFS, MDPI, vol. 4(2), pages 1-16, April.
    36. Johanna Palmberg & Johan Eklund & Daniel Wiberg, 2011. "Family Ownership and Return on Investments - Founders, Heirs and External Managers," ERSA conference papers ersa10p1517, European Regional Science Association.
    37. Dennis C. Mueller, 2007. "Wettbewerb und Leistung auf zwei ungewöhnlichen Märkten," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 8(S1), pages 133-140, April.
    38. Johanna Palmberg, 2015. "The performance effect of corporate board of directors," European Journal of Law and Economics, Springer, vol. 40(2), pages 273-292, October.
    39. Gugler, Klaus & Mueller, Dennis C. & Yurtoglu, B. Burcin, 2008. "Insider ownership, ownership concentration and investment performance: An international comparison," Journal of Corporate Finance, Elsevier, vol. 14(5), pages 688-705, December.
    40. Dennis Mueller, 2006. "Corporate Governance and Economic Performance," International Review of Applied Economics, Taylor & Francis Journals, vol. 20(5), pages 623-643.
    41. Pandey, Rakesh & Vithessonthi, Chaiporn & Mansi, Mansi, 2015. "Busy CEOs and the performance of family firms," Research in International Business and Finance, Elsevier, vol. 33(C), pages 144-166.
    42. Bartram, Söhnke M. & Brown, Philip & How, Janice C.Y. & Verhoeven, Peter, 2007. "Agency Conflicts and Corporate Payout Policies: A Global Study," MPRA Paper 23244, University Library of Munich, Germany.

  23. Klaus Gugler & Michael Pfaffermayr, 2004. "Convergence in Structure and Productivity in European Manufacturing?," German Economic Review, Verein für Socialpolitik, vol. 5(1), pages 61-79, February.
    See citations under working paper version above.
  24. Klaus Gugler & Dennis C. Mueller & B. Burcin Yurtoglu, 2003. "The Impact of Corporate Governance on Investment Returns in Developed and Developing Countries," Economic Journal, Royal Economic Society, vol. 113(491), pages 511-539, November.

    Cited by:

    1. Bjuggren, Per-Olof & Högberg, Andreas, 2012. "Legal Origin and Firm Size Effects Around the World," Ratio Working Papers 191, The Ratio Institute.
    2. Gugler, Klaus & Peev, Evgeni & Segalla, Esther, 2013. "The internal workings of internal capital markets: Cross-country evidence," Journal of Corporate Finance, Elsevier, vol. 20(C), pages 59-73.
    3. Singh, Ajit & Sheng, Andrew, 2011. "Islamic finance revisited: conceptual and analytical issues from the perspective of conventional economics," MPRA Paper 39007, University Library of Munich, Germany, revised 10 Apr 2012.
    4. Martin Holmén & Peter Högfeldt, 2009. "Pyramidal Discounts: Tunneling or Overinvestment?," International Review of Finance, International Review of Finance Ltd., vol. 9(1‐2), pages 133-175, March.
    5. Gugler, Klaus & Mueller, Dennis C. & Peev, Evgeni & Segalla, Esther, 2013. "Institutional determinants of domestic and foreign subsidiaries’ performance," International Review of Law and Economics, Elsevier, vol. 34(C), pages 88-96.
    6. Hentati Fakher & Bouri Abdelfettah, 2012. "Board of directors and financial decisions of Tunisian firms," African Journal of Accounting, Auditing and Finance, Inderscience Enterprises Ltd, vol. 1(1), pages 101-112.
    7. Jack Glen & Ajit Singh, 2005. "Corporate Governance, Competition, and Finance: Re-thinking Lessons from the Asian Crisis," Eastern Economic Journal, Eastern Economic Association, vol. 31(2), pages 219-243, Spring.
    8. Francesca Arnaboldi & Barbara Casu, 2012. "Corporate Governance in European Banking," Chapters, in: James R. Barth & Chen Lin & Clas Wihlborg (ed.), Research Handbook on International Banking and Governance, chapter 31, Edward Elgar Publishing.
    9. Ajit Singh & Ann Zammit, 2006. "Corporate Governance, Crony capitalism and Economic Crisis: Should the US Business Model replace the Asian Way of 'Doing Business'?," Working Papers wp329, Centre for Business Research, University of Cambridge.
    10. Dennis Mueller, 2005. "Constitutional political economy in the European Union," Public Choice, Springer, vol. 124(1), pages 57-73, July.
    11. Imen Khanchel El Mehdi, 2007. "Empirical Evidence on Corporate Governance and Corporate Performance in Tunisia," Corporate Governance: An International Review, Wiley Blackwell, vol. 15(6), pages 1429-1441, November.
    12. Aleksandra Stoiljković & Slavica Tomić & Bojan Leković & Ozren Uzelac & Nikola V. Ćurčić, 2024. "The Impact of Capital Structure on the Performance of Serbian Manufacturing Companies: Application of Agency Cost Theory," Sustainability, MDPI, vol. 16(2), pages 1-25, January.
    13. Călin Vâlsan & Elena Druică, 2020. "Corporate Performance and Economic Convergence between Europe and the US: A Cluster Analysis Along Industry Lines," Mathematics, MDPI, vol. 8(3), pages 1-15, March.
    14. Ajit Singh, 2002. "Competition, corporate governance and selection in emerging markets," Working Papers wp247, Centre for Business Research, University of Cambridge.
    15. Mario, Cuevas, 2007. "A Practical Guide to the Assessment of the Vulnerability of the Non-Financial Private Sector," MPRA Paper 1375, University Library of Munich, Germany.
    16. Dennis C. Mueller & B. Burcin Yurtoglu, 2007. "Corporate governance and the returns to acquiring firms' shareholders: an international comparison," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 28(8), pages 879-896.
    17. Carol C. Bertaut & Linda S. Kole, 2004. "What makes investors over or underweight? explaining international appetites for foreign equities," International Finance Discussion Papers 819, Board of Governors of the Federal Reserve System (U.S.).
    18. Per-Olof Bjuggren & Andreas Högberg, 2011. "Legal Origin and Size Effects in European Listed Firms," ERSA conference papers ersa10p1488, European Regional Science Association.
    19. Carol C. Bertaut, 2008. "Assessing the potential for further foreign demand for U.S. assets: Has financing U.S. current account deficits made foreign investors overweight in U.S. securities?," International Finance Discussion Papers 950, Board of Governors of the Federal Reserve System (U.S.).
    20. Gupta, C.P. & Bedi, Prateek, 2020. "Corporate cash holdings and promoter ownership," Emerging Markets Review, Elsevier, vol. 44(C).
    21. Singh, Ajit, 2003. "Corporate governance, corporate finance and stock markets in emerging countries," MPRA Paper 24302, University Library of Munich, Germany.
    22. Gugler, Klaus & Mueller, Dennis C. & Yurtoglu, B. Burcin, 2008. "Insider ownership, ownership concentration and investment performance: An international comparison," Journal of Corporate Finance, Elsevier, vol. 14(5), pages 688-705, December.
    23. Gugler, Klaus & Mueller, Dennis C & Yurtoglu, B Burcin, 2004. "Corporate Governance and the Returns on Investment," Journal of Law and Economics, University of Chicago Press, vol. 47(2), pages 589-633, October.
    24. Neelam Rani & Surendra S. Yadav & P.K. Jain, 2013. "Market Response to the Announcement of Mergers and Acquisitions: An Empirical Study from India," Vision, , vol. 17(1), pages 1-16, March.
    25. Mykhayliv, Dariya & Zauner, Klaus G., 2013. "Investment behavior and ownership structures in Ukraine: Soft budget constraints, government ownership and private benefits of control," Journal of Comparative Economics, Elsevier, vol. 41(1), pages 265-278.
    26. Per-Olof Bjuggren, 2016. "Marginal q revisited," Applied Economics, Taylor & Francis Journals, vol. 48(1), pages 52-58, January.

  25. Klaus Gugler & Jurgen Weigand, 2003. "Is ownership really endogenous?," Applied Economics Letters, Taylor & Francis Journals, vol. 10(8), pages 483-486.

    Cited by:

    1. Goergen, M. & Manjon, M.C. & Renneboog, L.D.R., 2004. "Recent Developments in German Corporate Governance," Discussion Paper 2004-014, Tilburg University, Tilburg Law and Economic Center.
    2. Julio Pindado & Chabela De La Torre, 2004. "Why is ownership endogenous?," Applied Economics Letters, Taylor & Francis Journals, vol. 11(14), pages 901-904.
    3. Zhong Qin & Vinod Mishra & Russell Smyth, 2012. "An Empirical Examination of Endogenous Ownership in Chinese Private Enterprises," Monash Economics Working Papers 38-12, Monash University, Department of Economics.
    4. Ayi Gavriel Ayayi & Mahinda Wijesiri, 2022. "Is there a trade‐off between environmental performance and financial sustainability in microfinance institutions? Evidence from South and Southeast Asia," Business Strategy and the Environment, Wiley Blackwell, vol. 31(4), pages 1552-1565, May.
    5. Ming-Yuan Chen, 2006. "Managerial ownership and firm performance: an analysis using switching simultaneous-equations models," Applied Economics, Taylor & Francis Journals, vol. 38(2), pages 161-181.
    6. Naiwei Chen & E-N Hsiao, 2014. "Insider ownership and financial flexibility," Applied Economics, Taylor & Francis Journals, vol. 46(29), pages 3609-3629, October.
    7. Irena Grosfeld, 2006. "Ownership concentration and firm performance: Evidence from an emerging market," PSE Working Papers halshs-00590485, HAL.
    8. Irena Grosfeld, 2009. "Large shareholders and firm value: Are high-tech firms different?," Working Papers halshs-00587856, HAL.
    9. Jens Grigoleit & Michael Nippa & Thomas Steger, 2011. "Ökonomische Konse quenzen der Mitgliedschaft ehemaliger Vorstandsmitglieder im Aufsichtsrat: Eine empirische Analyse," Schmalenbach Journal of Business Research, Springer, vol. 63(6), pages 578-608, September.
    10. Barry, Thierno Amadou & Lepetit, Laetitia & Tarazi, Amine, 2011. "Ownership structure and risk in publicly held and privately owned banks," Journal of Banking & Finance, Elsevier, vol. 35(5), pages 1327-1340, May.
    11. Brian Frederick Smith & Ben Amoako-Adu & Madhu Kalimipalli, 2009. "Concentrated control and corporate value: a comparative analysis of single and dual class structures in Canada," Applied Financial Economics, Taylor & Francis Journals, vol. 19(12), pages 955-974.
    12. Breuer, Wolfgang & Trauzettel, Till & Müller, Torbjörn & Salzmann, Astrid, 2024. "An International Perspective on Corporate Social Responsibility, Investor Time Preferences, and Cost of Equity," International Business Review, Elsevier, vol. 33(1).
    13. Hegde, Shantaram & Seth, Rama & Vishwanatha, S.R., 2020. "Ownership concentration and stock returns: Evidence from family firms in India," Pacific-Basin Finance Journal, Elsevier, vol. 61(C).
    14. Shikha Bhatia & Aman Srivastava, 2017. "Do Promoter Holding and Firm Performance Exhibit Endogenous Relationship? An Analysis from Emerging Market of India," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 42(2), pages 107-119, May.
    15. Kerry Liu, 2017. "The Effect of Private Benefits of Control on Minority Shareholders: A Theoretical Model and Empirical Evidence from State Ownership," International Journal of Business and Economic Sciences Applied Research (IJBESAR), Democritus University of Thrace (DUTH), Kavala Campus, Greece, vol. 10(2), pages 26-34, June.
    16. Lassoued, Naima & Sassi, Houda & Ben Rejeb Attia, Mouna, 2016. "The impact of state and foreign ownership on banking risk: Evidence from the MENA countries," Research in International Business and Finance, Elsevier, vol. 36(C), pages 167-178.
    17. Andres, Christian, 2008. "Large shareholders and firm performance--An empirical examination of founding-family ownership," Journal of Corporate Finance, Elsevier, vol. 14(4), pages 431-445, September.
    18. Panayotis Kapopoulos & Sophia Lazaretou, 2009. "Does corporate ownership structure matter for economic growth? A cross-country analysis," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 30(3), pages 155-172.
    19. Zorica Kalezić, 2015. "Ownership Concentration and Firm Performance in Transition Economies: Evidence from Montenegro," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 4(3), pages 5-64.
    20. Marc Kouzez, 2021. "Foreign ownership and bank performance Evidence from French market," Economics Bulletin, AccessEcon, vol. 41(2), pages 834-847.
    21. Jin-Hui Luo & Heng Liu, 2014. "Family-Concentrated Ownership in Chinese PLCs: Does Ownership Concentration Always Enhance Corporate Value?," IJFS, MDPI, vol. 2(1), pages 1-19, February.
    22. Miguel Manjon, 2007. "Does the proxy for shareholders' control make a difference in firm-performance regressions? Evidence from a blockholder system of corporate governance," Applied Economics Letters, Taylor & Francis Journals, vol. 14(6), pages 445-449.
    23. Julio Pindado & Chabela De La Torre, 2006. "The Role of Investment, Financing and Dividend Decisions in Explaining Corporate Ownership Structure: Empirical Evidence from Spain," European Financial Management, European Financial Management Association, vol. 12(5), pages 661-687, November.
    24. Kang, Martin & Miller, Andrew & Jang, Kyungmyung & Kim, Horim, 2022. "Firm performance and information security technology intellectual property," Technological Forecasting and Social Change, Elsevier, vol. 181(C).
    25. Cristina Boþa-Avram, 2012. "Managerial Ownership, Board Structure And Firm’S Performance: A Review Of Main Findings," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 4(4), pages 648-656, December.

  26. Gugler, Klaus & Mueller, Dennis C. & Yurtoglu, B. Burcin & Zulehner, Christine, 2003. "The effects of mergers: an international comparison," International Journal of Industrial Organization, Elsevier, vol. 21(5), pages 625-653, May.
    See citations under working paper version above.
  27. Klaus Gugler, 2003. "Corporate governance and investment," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 10(3), pages 261-289.

    Cited by:

    1. Ezzeddine Ben Mohamed & Baccar Ame & Abdelfatteh Bouri, 2013. "Investment Cash Flow Sensitivity and Managerial Optimism: A Literature Review via the Classification Scheme Technique," The Review of Finance and Banking, Academia de Studii Economice din Bucuresti, Romania / Facultatea de Finante, Asigurari, Banci si Burse de Valori / Catedra de Finante, vol. 5(1), pages 007-026, June.
    2. Bjuggren, Per-Olof & Högberg, Andreas, 2012. "Legal Origin and Firm Size Effects Around the World," Ratio Working Papers 191, The Ratio Institute.
    3. Correia Da Silva, L. & Goergen, M. & Renneboog, L.D.R., 2002. "When do German Firms Change their Dividends?," Other publications TiSEM c2343cc2-8f25-496b-9953-2, Tilburg University, School of Economics and Management.
    4. Grzegorz Pawlina & Luc Renneboog, 2005. "Is Investment‐Cash Flow Sensitivity Caused by Agency Costs or Asymmetric Information? Evidence from the UK," European Financial Management, European Financial Management Association, vol. 11(4), pages 483-513, September.
    5. Gugler, Klaus & Peev, Evgeni & Segalla, Esther, 2013. "The internal workings of internal capital markets: Cross-country evidence," Journal of Corporate Finance, Elsevier, vol. 20(C), pages 59-73.
    6. Mar𨀠 Bel鮠Lozano, 2012. "Analysing the effect of excess cash accumulation on financial decisions," Applied Economics, Taylor & Francis Journals, vol. 44(21), pages 2687-2698, July.
    7. Hanna Hottenrott & Bettina Peters, 2012. "Innovative Capability and Financing Constraints for Innovation: More Money, More Innovation?," The Review of Economics and Statistics, MIT Press, vol. 94(4), pages 1126-1142, November.
    8. Carlo Cambini & Laura Rondi, 2011. "Independence, Investment and Political Interference: Evidence from the European Union," RSCAS Working Papers 2011/42, European University Institute.
    9. Harry DeAngelo & Linda DeAngelo, 2007. "Payout Policy Pedagogy: What Matters and Why," European Financial Management, European Financial Management Association, vol. 13(1), pages 11-27, January.
    10. Singh, Ajit & Sheng, Andrew, 2011. "Islamic finance revisited: conceptual and analytical issues from the perspective of conventional economics," MPRA Paper 39007, University Library of Munich, Germany, revised 10 Apr 2012.
    11. Duha Al-Kuwari, 2012. "Are Large Shareholders Conducting Influential Monitoring in Emerging Markets? An Investigation into the Impact of Large Shareholders on Dividend Decisions: The Case of Kuwait," Research in World Economy, Research in World Economy, Sciedu Press, vol. 3(2), pages 52-67, September.
    12. Jan Hanousek & Evžen Kočenda & Anastasiya Shamshur, 2014. "Efektivita evropských firem [Efficiency of European Firms]," Politická ekonomie, Prague University of Economics and Business, vol. 2014(3), pages 303-322.
    13. Kleff, Volker & Weber, Martin, 2005. "Payout Policy and Owners? Interests: Evidence from German Savings Banks," ZEW Discussion Papers 05-59, ZEW - Leibniz Centre for European Economic Research.
    14. Renneboog, L.D.R. & Szilagyi, P.G., 2006. "How Relevant is Dividend Policy under Low Shareholder Protection?," Other publications TiSEM 70e258ee-7fcd-4c5f-83a2-2, Tilburg University, School of Economics and Management.
    15. Martin Holmén & Peter Högfeldt, 2009. "Pyramidal Discounts: Tunneling or Overinvestment?," International Review of Finance, International Review of Finance Ltd., vol. 9(1‐2), pages 133-175, March.
    16. Breuer, Wolfgang & Knetsch, Andreas, 2022. "Informal authority and economic outcomes of family firms: An issue of national power distance," International Review of Financial Analysis, Elsevier, vol. 81(C).
    17. Hanousek, Jan & Kočenda, Evžen & Shamshur, Anastasiya, 2015. "Corporate efficiency in Europe," Journal of Corporate Finance, Elsevier, vol. 32(C), pages 24-40.
    18. Lai, Karen M.Y. & Saffar, Walid & Zhu, Xindong (Kevin) & Liu, Yiye, 2020. "Political institutions, stock market liquidity and firm dividend policy: Some international evidence," Journal of Contemporary Accounting and Economics, Elsevier, vol. 16(1).
    19. Hussein Abedi Shamsabadi & Byung-Seong Min & Richard Chung, 2016. "Corporate governance and dividend strategy: lessons from Australia," International Journal of Managerial Finance, Emerald Group Publishing Limited, vol. 12(5), pages 583-610, October.
    20. Christian Andres & André Betzer & Marc Goergen, 2012. "Dividend Policy, Corporate Control and the Tax Status of the Controlling Shareholder," Schumpeter Discussion Papers sdp12006, Universitätsbibliothek Wuppertal, University Library.
    21. Jan Hanousek & Evžen Kočenda & Michal Mašika, 2011. "Financial Efficiency and the Ownership of Czech Firms," Working Papers 300, Leibniz Institut für Ost- und Südosteuropaforschung (Institute for East and Southeast European Studies).
    22. Kalyani Mulchandani & Ketan Mulchandani & Sahil Singh Jasrotia, 2021. "Does gender diversity on firm’s board affect dividend payouts? Evidence from India," Future Business Journal, Springer, vol. 7(1), pages 1-11, December.
    23. Yang, Bao & Chou, Hsin-I. & Zhao, Jing, 2020. "Innovation or dividend payout: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 68(C), pages 180-203.
    24. Ming Dong & Chris Robinson & Chris Veld, 2004. "Why Individual Investors Want Dividends," Finance 0412009, University Library of Munich, Germany.
    25. Lu, Jun & Wang, Wei, 2015. "Board independence and corporate investments," Review of Financial Economics, Elsevier, vol. 24(C), pages 52-64.
    26. Jayesh Kumar, 2006. "Corporate Governance and Dividends Payout in India," Journal of Emerging Market Finance, Institute for Financial Management and Research, vol. 5(1), pages 15-58, April.
    27. Mª Belén Lozano García, 2011. "Analyzing the Effect of Excess Cash Accumulation on Financial Decisions," Post-Print hal-00704672, HAL.
    28. Gugler, Klaus & Mueller, Dennis C. & Peev, Evgeni & Segalla, Esther, 2013. "Institutional determinants of domestic and foreign subsidiaries’ performance," International Review of Law and Economics, Elsevier, vol. 34(C), pages 88-96.
    29. Jamasb, T. & Pollitt, M., 2005. "Deregulation and R&D in Network Industries: The Case of the Electricity Industry," Cambridge Working Papers in Economics 0533, Faculty of Economics, University of Cambridge.
    30. Goyal, Abhinav & Jategaonkar, Shrikant P. & Muckley, Cal B., 2020. "Why do privatized firms pay higher dividends?," Journal of Corporate Finance, Elsevier, vol. 60(C).
    31. Hentati Fakher & Bouri Abdelfettah, 2012. "Board of directors and financial decisions of Tunisian firms," African Journal of Accounting, Auditing and Finance, Inderscience Enterprises Ltd, vol. 1(1), pages 101-112.
    32. Patrice Charlier & Céline Du Boys, 2009. "Gouvernance Familiale Et Repartition De La Valeur : Etude Des Politiques De Distribution Aux Actionnaires Des Entreprises Familiales Cotees," Post-Print halshs-00455729, HAL.
    33. Valentina Peruzzi, 2017. "Does family ownership structure affect investment-cash flow sensitivity? Evidence from Italian SMEs," Applied Economics, Taylor & Francis Journals, vol. 49(43), pages 4378-4393, September.
    34. Wei Huang & Mahnoor Sattar, 2021. "Corporate finance policies, subsidies and R&D: Evidence from China," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(3), pages 3875-3891, July.
    35. Victoria Krivogorsky & Gary Grudnitski, 2010. "Country-specific institutional effects on ownership: concentration and performance of continental European firms," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 14(2), pages 167-193, May.
    36. Francesca Arnaboldi & Barbara Casu, 2012. "Corporate Governance in European Banking," Chapters, in: James R. Barth & Chen Lin & Clas Wihlborg (ed.), Research Handbook on International Banking and Governance, chapter 31, Edward Elgar Publishing.
    37. Jan Hanousek & Evžen Kočenda & Michal Mašika, 2012. "Firemní efektivita: vliv vlastnických struktur a finančních ukazatelů [Corporate Efficiency: Effect of Ownership Structures and Financial Indicators]," Politická ekonomie, Prague University of Economics and Business, vol. 2012(4), pages 459-483.
    38. Jakub Kwiatkowski, 2017. "R&D activity and dividend policy of companies listed on the Warsaw Stock Exchange," Working Papers of Economics of European Integration Division 1702, The Univeristy of Gdansk, Faculty of Economics, Economics of European Integration Division.
    39. Jan Bena & Jan Hanousek, 2006. "Rent Extraction by Large Shareholders: Evidence Using Dividend Policy in the Czech Republic," CERGE-EI Working Papers wp291, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    40. Duqi, Andi & Jaafar, Aziz & Warsame, Mohammed H., 2020. "Payout policy and ownership structure: The case of Islamic and conventional banks," The British Accounting Review, Elsevier, vol. 52(1).
    41. Mori, Naoya & Ikeda, Naoshi, 2015. "Majority support of shareholders, monitoring incentive, and dividend policy," Journal of Corporate Finance, Elsevier, vol. 30(C), pages 1-10.
    42. Connelly, J. Thomas & Limpaphayom, Piman & Nagarajan, Nandu J., 2012. "Form versus substance: The effect of ownership structure and corporate governance on firm value in Thailand," Journal of Banking & Finance, Elsevier, vol. 36(6), pages 1722-1743.
    43. Dennis Mueller, 2005. "Constitutional political economy in the European Union," Public Choice, Springer, vol. 124(1), pages 57-73, July.
    44. Amitava Roy, 2014. "Corporate Governance and Firm Performance: An Exploratory Analysis of Indian Listed Companies," Jindal Journal of Business Research, , vol. 3(1-2), pages 93-120, June.
    45. Mehdi Nekhili & Afifa Wali Siala & Dhikra Chebbi-Nehkili, 2009. "Free Cash Flow, gouvernance et politique financière des entreprises françaises," Revue Finance Contrôle Stratégie, revues.org, vol. 12(1), pages 5-31, March.
    46. Briglauer, Wolfgang & Gugler, Klaus & Haxhimusa, Adhurim, 2015. "Facility- and service-based competition and investment in fixed broadband networks: Lessons from a decade of access regulations in the European Union member states," ZEW Discussion Papers 15-048, ZEW - Leibniz Centre for European Economic Research.
    47. Renneboog, L.D.R. & Trojanowski, G., 2005. "Control Structures and Payout Policy," Discussion Paper 2005-61, Tilburg University, Center for Economic Research.
    48. Amitava Roy, 2016. "Corporate Governance and Firm Performance: A Study of Indian Listed Firms," Metamorphosis: A Journal of Management Research, , vol. 15(1), pages 31-46, June.
    49. Sinclair Davidson & Robert Brooks, 2004. "R&D, Agency Costs and Capital Structure: International Evidence," Econometric Society 2004 Australasian Meetings 59, Econometric Society.
    50. Bortolotti, Bernardo & Cambini, Carlo & Rondi, Laura, 2013. "Reluctant regulation," Journal of Comparative Economics, Elsevier, vol. 41(3), pages 804-828.
    51. Fabio Bertoni & Annalisa Croce & Massimiliano Guerini, 2015. "Venture Capital and the Investment Curve of Young High-Tech Companies," Post-Print hal-02313325, HAL.
    52. Thierry Poulain-Rehm & Xavier Lepers, 2013. "Does Employee Ownership Benefit Value Creation? The Case of France (2001–2005)," Journal of Business Ethics, Springer, vol. 112(2), pages 325-340, January.
    53. Jan Hanousek & Evzen Kocenda, 2016. "FDI and Ownership in Czech Firms: Pre- and Post-crisis Efficiency," KIER Working Papers 942, Kyoto University, Institute of Economic Research.
    54. Chisari, Omar O. & Ferro, Gustavo, 2009. "Gobierno Corporativo: los problemas, estado actual de la discusión y un ejercicio de medición para Argentina [Corporate Governance: the problems, the current stage of the discussion and a measureme," MPRA Paper 15630, University Library of Munich, Germany.
    55. Paniagua, Jordi & Rivelles, Rafael & Sapena, Juan, 2018. "Corporate governance and financial performance: The role of ownership and board structure," Journal of Business Research, Elsevier, vol. 89(C), pages 229-234.
    56. Imen Khanchel El Mehdi, 2007. "Empirical Evidence on Corporate Governance and Corporate Performance in Tunisia," Corporate Governance: An International Review, Wiley Blackwell, vol. 15(6), pages 1429-1441, November.
    57. Truong, Thanh & Heaney, Richard, 2007. "Largest shareholder and dividend policy around the world," The Quarterly Review of Economics and Finance, Elsevier, vol. 47(5), pages 667-687, December.
    58. Trinh, Quoc Dat & Haddad, Christian & Tran, Kim Thuan, 2022. "Financial reporting quality and dividend policy: New evidence from an international level," International Review of Financial Analysis, Elsevier, vol. 80(C).
    59. Azhagaiah Ramachandran & Veeramuthu Packkirisamy, 2010. "The Impact of Firm Size on Dividend Behaviour: A Study With Reference to Corporate Firms across Industries in India," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 8(1), pages 049-078.
    60. Nguyen, Thien Hoang & Nguyen, Xuan Minh & Nguyen, Thi Thu Ha & Tran, Quoc Trung, 2017. "Ownership structure and performance of professional service firms in a declining industry: Evidence from Vietnamese securities firms1," Business and Economic Horizons (BEH), Prague Development Center (PRADEC), vol. 13(2).
    61. Murro, Pierluigi & Peruzzi, Valentina, 2019. "Family firms and access to credit. Is family ownership beneficial?," Journal of Banking & Finance, Elsevier, vol. 101(C), pages 173-187.
    62. Yuting Huang & Anlin Chen & Lanfeng Kao, 2012. "Corporate governance in Taiwan: The nonmonotonic relationship between family ownership and dividend policy," Asia Pacific Journal of Management, Springer, vol. 29(1), pages 39-58, March.
    63. Laetitia Lepetit & Céline Meslier-Crouzille & Leo Indra Wardhana, 2015. "Do Asymmetric Information and Ownership Structure Matter for Dividend Payout Decisions? Evidence from European Banks," Working Papers hal-01186722, HAL.
    64. Ye, Dezhu & Deng, Jie & Liu, Yi & Szewczyk, Samuel H. & Chen, Xiao, 2019. "Does board gender diversity increase dividend payouts? Analysis of global evidence," Journal of Corporate Finance, Elsevier, vol. 58(C), pages 1-26.
    65. Călin Vâlsan & Elena Druică, 2020. "Corporate Performance and Economic Convergence between Europe and the US: A Cluster Analysis Along Industry Lines," Mathematics, MDPI, vol. 8(3), pages 1-15, March.
    66. Andersson, David E & Andersson, Martin & Bjuggren, Per-Olof & Högberg, Andreas, 2014. "Corporate Governance Structures, Legal Origin and Firm Performance," Ratio Working Papers 246, The Ratio Institute.
    67. Jean-Michel Sahut & Sandrine Boulerne, 2010. "Flaws in Banking Governance," Post-Print halshs-02099282, HAL.
    68. Patrice Charlier & Céline Duboys, 2011. "Gouvernance familiale et politique de distribution aux actionnaires," Revue Finance Contrôle Stratégie, revues.org, vol. 14(1), pages 5-31., March.
    69. Murhadi, Werner-Ria, 2008. "Study On Dividend Policy: Antecedent and Its Impact On Share Price," MPRA Paper 25596, University Library of Munich, Germany.
    70. Mario, Cuevas, 2007. "A Practical Guide to the Assessment of the Vulnerability of the Non-Financial Private Sector," MPRA Paper 1375, University Library of Munich, Germany.
    71. Chen, Alex A. & Cao, Hong & Zhang, Dayong & Dickinson, David G., 2013. "The impact of shareholding structure on firm investment: Evidence from Chinese listed companies," Pacific-Basin Finance Journal, Elsevier, vol. 25(C), pages 85-100.
    72. Elisabete Duarte Neves, 2014. "Ownership Structure and Investor¡¯s Sentiments for Dividends," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 5(2), pages 35-58, April.
    73. Apergis, Nicholas & Chasiotis, Ioannis & Georgantopoulos, Andreas G. & Konstantios, Dimitrios, 2021. "The integration of share repurchases into investment decision-making: Evidence from Japan," International Review of Financial Analysis, Elsevier, vol. 78(C).
    74. Dennis C. Mueller & B. Burcin Yurtoglu, 2007. "Corporate governance and the returns to acquiring firms' shareholders: an international comparison," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 28(8), pages 879-896.
    75. Trojanowski, G., 2004. "Ownership structure as a mechanism of corporate governance," Other publications TiSEM 5dbc874d-d1d0-44a5-9717-8, Tilburg University, School of Economics and Management.
    76. rondi, laura & cambini, carlo & bremberger, francisca & gugler, klaus, 2013. "Dividend Policy in Regulated Firms," MPRA Paper 48043, University Library of Munich, Germany.
    77. Huang, Wei & Paul, Donna L., 2017. "Institutional holdings, investment opportunities and dividend policy," The Quarterly Review of Economics and Finance, Elsevier, vol. 64(C), pages 152-161.
    78. Carol C. Bertaut & Linda S. Kole, 2004. "What makes investors over or underweight? explaining international appetites for foreign equities," International Finance Discussion Papers 819, Board of Governors of the Federal Reserve System (U.S.).
    79. Gniadkowska-Szymańska Agata, 2017. "Impact of a Company’s Dividend Policy on the Liquidity of Shares Listed on the Warsaw Stock Exchange," Financial Internet Quarterly (formerly e-Finanse), Sciendo, vol. 13(3), pages 24-32, September.
    80. Anneleen Michiels & Wim Voordeckers & Nadine Lybaert & Tensie Steijvers, 2015. "Dividends and family governance practices in private family firms," Small Business Economics, Springer, vol. 44(2), pages 299-314, February.
    81. Cao, Mengyi & Xia, Qing, 2021. "Trust and use of covenants," Research in International Business and Finance, Elsevier, vol. 57(C).
    82. Jun Lu & Wei Wang, 2015. "Board independence and corporate investments," Review of Financial Economics, John Wiley & Sons, vol. 24(1), pages 52-64, January.
    83. Per-Olof Bjuggren & Andreas Högberg, 2011. "Legal Origin and Size Effects in European Listed Firms," ERSA conference papers ersa10p1488, European Regional Science Association.
    84. Nilakshi Borah & Hui Liang James & Jung Chul Park, 2020. "Does CEO inside debt compensation benefit both shareholders and debtholders?," Review of Quantitative Finance and Accounting, Springer, vol. 54(1), pages 159-203, January.
    85. Erhan Kilincarslan, 2018. "The Factors Determining the Dividend Policy of Financial Firms Listed on the Borsa Istanbul," Bogazici Journal, Review of Social, Economic and Administrative Studies, Bogazici University, Department of Economics, vol. 32(1), pages 75-109.
    86. Baker, H. Kent & Dam, Lammertjan & De Ridder, Adri, 2021. "Payouts and stock ownership," Journal of Multinational Financial Management, Elsevier, vol. 60(C).
    87. Themistokles Lazarides, 2010. "Corporate governance law effect in Greece," Journal of Financial Regulation and Compliance, Emerald Group Publishing Limited, vol. 18(4), pages 370-385, November.
    88. Thitima Sitthipongpanich, 2016. "The influence of the CEO and the largest shareholder on dividend payout policy in Thailand," Proceedings of Business and Management Conferences 3405493, International Institute of Social and Economic Sciences.
    89. Chintrakarn, Pandej & Chatjuthamard, Pattanaporn & Tong, Shenghui & Jiraporn, Pornsit, 2018. "How do powerful CEOs view dividends and stock repurchases? Evidence from the CEO pay slice (CPS)," International Review of Economics & Finance, Elsevier, vol. 58(C), pages 49-64.
    90. Carol C. Bertaut, 2008. "Assessing the potential for further foreign demand for U.S. assets: Has financing U.S. current account deficits made foreign investors overweight in U.S. securities?," International Finance Discussion Papers 950, Board of Governors of the Federal Reserve System (U.S.).
    91. Shamsabadi, Hussein Abedi & Tebourbi, Imen & Nourani, Mohammad & Min, Byung S., 2021. "Corporate Governance and Dividend Reinvestment Plans: Insights from Imputation Tax in Australia," Finance Research Letters, Elsevier, vol. 41(C).
    92. Dialdin Osman & Elsaudi Mohammed, 2010. "Dividend Policy In Saudi Arabia," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 4(1), pages 99-113.
    93. Matthews, Lane & Heyden, Mariano L.M. & Zhou, Dan, 2022. "Paradoxical transparency? Capital market responses to exploration and exploitation disclosure," Research Policy, Elsevier, vol. 51(1).
    94. Li, Wanli & Zhou, Jingting & Yan, Ziqiao & Zhang, He, 2020. "Controlling shareholder share pledging and firm cash dividends," Emerging Markets Review, Elsevier, vol. 42(C).
    95. Mohamed Abulgasem A. Elhaj & Nurul Aini Muhamed & Nathasa Mazna Ramli & Nor Balkish Zakaria, 2016. "Ownership Monitoring Mechanism over Sukuk Credit Rating," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 6(12), pages 700-720, December.
    96. Siriyama Kanthi Herath & Solai Elyse Freeman, 2012. "Corporate governance: a research analysis," African Journal of Accounting, Auditing and Finance, Inderscience Enterprises Ltd, vol. 1(1), pages 87-100.
    97. Randall Morck & Bernard Yeung, 2010. "Agency Problems and the Fate of Capitalism," NBER Working Papers 16490, National Bureau of Economic Research, Inc.
    98. Bernardo Bortolotti & Carlo Cambini & Laura Rondi, 2011. "Regulatory Independence, Ownership and Firm Value: The Role of Political Institutions," RSCAS Working Papers 2011/43, European University Institute.
    99. Tzu-Yun Tseng, 2012. "Will China's split share structure reform mitigate agency problems?," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 10(2), pages 193-207, February.
    100. Sun, Liang & Yu, Huaibing, 2022. "The effects of busy board on firm’s probability to pay dividends," Research in International Business and Finance, Elsevier, vol. 60(C).
    101. Tien Hoang Nguyen, & Xuan Minh Nguyen, & Thi Thu Ha Nguyen, & Quoc Trung Tran, 2017. "Ownership structure and performance of professional service firms in a declining industry: Evidence from Vietnamese securities firms," Business and Economic Horizons (BEH), Prague Development Center, vol. 13(2), pages 142-151, May.
    102. Richard Herron, 2022. "Payout policy and the interaction of firm-level and country-level governance," Review of Quantitative Finance and Accounting, Springer, vol. 58(1), pages 1-39, January.
    103. Renneboog, Luc & Szilagyi, Peter, 2020. "How relevant is dividend policy under low shareholder protection?," Other publications TiSEM 9fab895c-69f2-4056-8df8-8, Tilburg University, School of Economics and Management.
    104. Cheng-Few Lee & Woan-lih Liang & Fu-Lai Lin & Yating Yang, 2016. "Applications of simultaneous equations in finance research: methods and empirical results," Review of Quantitative Finance and Accounting, Springer, vol. 47(4), pages 943-971, November.
    105. Salvador Bertomeu & Antonio Estache, 2019. "Should Infrastructure Regulators regulate Dividends? Hints from a Literature Survey," Working Papers ECARES 2019-18, ULB -- Universite Libre de Bruxelles.
    106. Vincent Molly & Anneleen Michiels, 2022. "Dividend decisions in family businesses: A systematic review and research agenda," Journal of Economic Surveys, Wiley Blackwell, vol. 36(4), pages 992-1026, September.
    107. Paul McGuinness & Kevin Lam & João Vieito, 2015. "Gender and other major board characteristics in China: Explaining corporate dividend policy and governance," Asia Pacific Journal of Management, Springer, vol. 32(4), pages 989-1038, December.
    108. J. Thomas Connelly & Christian C. P. Wolff, 2023. "Dividend Policy Decisions and Ownership Concentration: Evidence from Thai Public Companies," Review of Pacific Basin Financial Markets and Policies (RPBFMP), World Scientific Publishing Co. Pte. Ltd., vol. 26(01), pages 1-35, March.
    109. Haw, In-Mu & Ho, Simon S.M. & Hu, Bingbing & Zhang, Xu, 2013. "Legal Institutions, Ownership Concentration, and Stock Repurchases Around the World: Signal Mimicking?," The International Journal of Accounting, Elsevier, vol. 48(4), pages 427-458.
    110. Osama Wagdi & Eman Salman & Walid Abouzeid, 2021. "Maximizing Stockholder Wealth under Corporate Governance Mechanisms: Evidence from EGX," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 13(4), pages 1-1, April.
    111. Dr. Faris Nasif AL- Shubiri, 2012. "Determinants Of Changes Dividend Behavior Policy: Evidence From The Amman Stock Exchange," Far East Journal of Marketing and Management, Far East Research Centre, vol. 2(1), pages 1-13, August.
    112. Mohammad Shahidul Islam, 2018. "Dividend Practices In Listed Banks Of Bangladesh," Copernican Journal of Finance & Accounting, Uniwersytet Mikolaja Kopernika, vol. 7(2), pages 43-61.
    113. Jayesh Kumar, 2004. "Corporate Governance and Dividends Payout in India," Finance 0409007, University Library of Munich, Germany.
    114. An Rommens & Ludo Cuyvers & Marc Deloof, 2012. "Dividend Policies of Privately Held Companies: Stand†Alone and Group Companies in Belgium," European Financial Management, European Financial Management Association, vol. 18(5), pages 816-835, November.
    115. Zijian Cheng & Charles P. Cullinan & Zhangxin (Frank) Liu & Junrui Zhang, 2021. "Cross‐listings and dividend size and stability: evidence from China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(1), pages 415-465, March.
    116. Tolossa Fufa Gulema & Zhou Xiaoyan, 2021. "Mediating Role of Innovation Capacity in the Relationship between Corporate governance and Firm Performance: evidence from Chinese listed firms," International Journal of Science and Business, IJSAB International, vol. 5(4), pages 105-122.
    117. Gugler, Klaus & Mueller, Dennis C. & Yurtoglu, B. Burcin, 2008. "Insider ownership, ownership concentration and investment performance: An international comparison," Journal of Corporate Finance, Elsevier, vol. 14(5), pages 688-705, December.
    118. Gugler, Klaus & Mueller, Dennis C & Yurtoglu, B Burcin, 2004. "Corporate Governance and the Returns on Investment," Journal of Law and Economics, University of Chicago Press, vol. 47(2), pages 589-633, October.
    119. Chae, Joon & Kim, Sungmin & Lee, Eun Jung, 2009. "How corporate governance affects payout policy under agency problems and external financing constraints," Journal of Banking & Finance, Elsevier, vol. 33(11), pages 2093-2101, November.
    120. Justin Hung Nguyen & Buhui Qiu, 2022. "The effect of skilled labor intensity on corporate dividend payouts," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 49(5-6), pages 963-1010, May.
    121. Neelam Rani & Surendra S. Yadav & P.K. Jain, 2013. "Market Response to the Announcement of Mergers and Acquisitions: An Empirical Study from India," Vision, , vol. 17(1), pages 1-16, March.
    122. Mykhayliv, Dariya & Zauner, Klaus G., 2013. "Investment behavior and ownership structures in Ukraine: Soft budget constraints, government ownership and private benefits of control," Journal of Comparative Economics, Elsevier, vol. 41(1), pages 265-278.
    123. Muhammad Sadiq Shahid & Razaz Houssien Felimban & Khawar Naheed & Usman Aleem & Shaiza Nawaz, 2018. "Ownership Structures, Investors Confidence And Financial Decisions In Family Firms: Evidence From Gcc Markets," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 14(1), pages 52-68.
    124. Hian Teck HOON & Frank S T Hsiao & Mei-Chu Wang Hsiao, 2020. "The Chaotic Attractor of Foreign Direct Investment — Why China? A Panel Data Analysis," World Scientific Book Chapters, in: Development Strategies of Open Economies Cases from Emerging East and Southeast Asia, chapter 3, pages 39-79, World Scientific Publishing Co. Pte. Ltd..
    125. Wu, Manhwa & Ni, Yensen & Huang, Paoyu, 2020. "Dividend payouts and family-controlled firms—The effect of culture on business," The Quarterly Review of Economics and Finance, Elsevier, vol. 75(C), pages 221-228.
    126. Jamasb, Tooraj & Pollitt, Michael, 2008. "Liberalisation and R&D in network industries: The case of the electricity industry," Research Policy, Elsevier, vol. 37(6-7), pages 995-1008, July.
    127. Smith, Deborah Drummond & Pennathur, Anita K. & Marciniak, Marek R., 2017. "Why do CEOs agree to the discipline of dividends?," International Review of Financial Analysis, Elsevier, vol. 52(C), pages 38-48.
    128. Sangapta Damarjati Purba & Tastaftiyan Risfandy & Muizzuddin Muizzuddin & Muh. Rudi Nugroho, 2022. "Foreign institutional investors and dividend policy in Indonesia," Journal of Asset Management, Palgrave Macmillan, vol. 23(3), pages 235-245, May.
    129. Onali, Enrico & Galiakhmetova, Ramilya & Molyneux, Philip & Torluccio, Giuseppe, 2016. "CEO power, government monitoring, and bank dividends," Journal of Financial Intermediation, Elsevier, vol. 27(C), pages 89-117.
    130. Hanousek, Jan & Shamshur, Anastasiya, 2011. "A stubborn persistence: Is the stability of leverage ratios determined by the stability of the economy?," Journal of Corporate Finance, Elsevier, vol. 17(5), pages 1360-1376.
    131. Per-Olof Bjuggren, 2016. "Marginal q revisited," Applied Economics, Taylor & Francis Journals, vol. 48(1), pages 52-58, January.
    132. Engelen Peter-Jan & van Essen Marc, 2008. "Underpricing of IPOs and Legal Frameworks Around the World," Review of Law & Economics, De Gruyter, vol. 4(1), pages 419-441, December.
    133. Bartram, Söhnke M. & Brown, Philip & How, Janice C.Y. & Verhoeven, Peter, 2007. "Agency Conflicts and Corporate Payout Policies: A Global Study," MPRA Paper 23244, University Library of Munich, Germany.
    134. Namryoung Lee & Jaehong Lee, 2019. "R & D Intensity and Dividend Policy: Evidence from South Korea’s Biotech Firms," Sustainability, MDPI, vol. 11(18), pages 1-21, September.
    135. Belghitar, Yacine & Clark, Ephraim & Kassimatis, Konstantino, 2011. "The prudential effect of strategic institutional ownership on stock performance," International Review of Financial Analysis, Elsevier, vol. 20(4), pages 191-199, August.
    136. Szilagyi, P.G., 2007. "Corporate governance and the agency costs of debt and outside equity," Other publications TiSEM 9520d40a-224f-43a8-9bf9-b, Tilburg University, School of Economics and Management.
    137. Abdul Moin & Yilmaz Guney & Izidin El Kalak, 2020. "The effects of ownership structure, sub-optimal cash holdings and investment inefficiency on dividend policy: evidence from Indonesia," Review of Quantitative Finance and Accounting, Springer, vol. 55(3), pages 857-900, October.

  28. Gugler, Klaus & Yurtoglu, B. Burcin, 2003. "Corporate governance and dividend pay-out policy in Germany," European Economic Review, Elsevier, vol. 47(4), pages 731-758, August.

    Cited by:

    1. Huang, Juan Juan & Shen, Yifeng & Sun, Qian, 2011. "Nonnegotiable shares, controlling shareholders, and dividend payments in China," Journal of Corporate Finance, Elsevier, vol. 17(1), pages 122-133, February.
    2. Imen Ghadhab, 2023. "Bonding, signaling theory and dividend policy: Evidence from multinational firms," Journal of Asset Management, Palgrave Macmillan, vol. 24(1), pages 69-83, February.
    3. Edwards, Jeremy S S & Weichenrieder, Alfons J, 2009. "Control Rights, Pyramids, and the Measurement of Ownership Concentration," MPRA Paper 13830, University Library of Munich, Germany.
    4. I Putu Sugiartha Sanjaya, 2011. "The Influence Of Ultimate Ownership On Earnings Management: Evidence From Indonesia," Global Journal of Business Research, The Institute for Business and Finance Research, vol. 5(5), pages 61-69.
    5. Goergen, M. & Manjon, M.C. & Renneboog, L.D.R., 2004. "Recent Developments in German Corporate Governance," Discussion Paper 2004-014, Tilburg University, Tilburg Law and Economic Center.
    6. Mirza Hammad Hassan & Hussain Haroon & Sarwar Ghulam & Habib Haroon, 2024. "Corporate Internationalization and Uncertainty of Cash Holdings: Evidence from an Emerging Market," Zagreb International Review of Economics and Business, Sciendo, vol. 27(1), pages 79-95.
    7. Jorge Farinha & Óscar López de Foronda, 2005. "The relation between dividends and insider ownership in different legal systems: international evidence," CEF.UP Working Papers 0509, Universidade do Porto, Faculdade de Economia do Porto.
    8. Ann†Kristin Achleitner & André Betzer & Jasmin Gider, 2010. "Do Corporate Governance Motives Drive Hedge Fund and Private Equity Fund Activities?," European Financial Management, European Financial Management Association, vol. 16(5), pages 805-828, November.
    9. Alexander A. Muravyev & Nikolay S. Telyatnikov, 2024. "Dual Class Stock Companies: Global Experience and Russian Practice," Journal of Applied Economic Research, Graduate School of Economics and Management, Ural Federal University, vol. 23(3), pages 801-832.
    10. Džidić Ante & Živko Igor, 2019. "Internal factors of dividend policy in public firms in Bosnia and Herzegovina," Croatian Review of Economic, Business and Social Statistics, Sciendo, vol. 5(2), pages 1-16, December.
    11. P. Du Jardin & E. Séverin, 2011. "Dividend policy," Post-Print hal-00801923, HAL.
    12. Richard Hofler & Julie Ann Elston & Junsoo Lee, 2004. "Dividend Policy and Institutional Ownership: Empirical Evidence using a Propensity Score Matching Estimator," Papers on Entrepreneurship, Growth and Public Policy 2004-27, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
    13. Hicham Sbai & Slimane Ed-Dafali & Hicham Meghouar & Muhammad Mohiuddin, 2024. "Ownership Structure and Bank Dividend Policies: New Empirical Evidence from the Dual Banking Systems of MENA Countries," IJFS, MDPI, vol. 12(3), pages 1-20, June.
    14. Renneboog, L.D.R. & Szilagyi, P.G., 2006. "How Relevant is Dividend Policy under Low Shareholder Protection?," Other publications TiSEM 70e258ee-7fcd-4c5f-83a2-2, Tilburg University, School of Economics and Management.
    15. Aleksandra Pieloch-Babiarz, 2019. "Ownership structure, board characteristics and dividend policy: evidence from the Warsaw Stock Exchange," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 18(3), pages 317-330, September.
    16. Amoako-Adu, Ben & Baulkaran, Vishaal & Smith, Brian F., 2014. "Analysis of dividend policy of dual and single class U.S corporations," Journal of Economics and Business, Elsevier, vol. 72(C), pages 1-29.
    17. Oskar Kowalewski, 2012. "Corporate Governance and Pension Fund Performance," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 6(1), March.
    18. Estrin, Saul & Hanousek, Jan & Shamshur, Anastasiya, 2024. "Does it matter who owns firms? Evidence on the impact of supermajority control on private firms in Europe," International Review of Financial Analysis, Elsevier, vol. 95(PB).
    19. Lin, Jing & Li, Fang & Zheng, Steven Xiaofan & Zhou, Mingshan, 2023. "Minority shareholder voting and dividend policy," Journal of Banking & Finance, Elsevier, vol. 148(C).
    20. Duong Hoang Vu & Drahomíra Pavelková & Milan Damborský, 2023. "Tax holidays and profit-repatriation rates for FDI firms: the case of the Czech Republic," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-12, December.
    21. Ming Dong & Chris Robinson & Chris Veld, 2004. "Why Individual Investors Want Dividends," Finance 0412009, University Library of Munich, Germany.
    22. Jean-Michel Sahut & Frédéric Teulon, 2017. "What are the determinants of dividend policies? A new perspective in Emerging Markets," Economics Bulletin, AccessEcon, vol. 37(3), pages 2234-2246.
    23. Ghosh, Saibal, 2010. "The dividend strategy of Indian companies: An empirical assessment," MPRA Paper 29567, University Library of Munich, Germany.
    24. Marc Levy & Ariane Szafarz, 2017. "Cross-Ownership: A Device for Management Entrenchment?," ULB Institutional Repository 2013/239878, ULB -- Universite Libre de Bruxelles.
    25. Patrice Charlier & Céline Du Boys, 2009. "Gouvernance Familiale Et Repartition De La Valeur : Etude Des Politiques De Distribution Aux Actionnaires Des Entreprises Familiales Cotees," Post-Print halshs-00455729, HAL.
    26. Sikalidis, Alexandros & Bozos, Konstantinos & Voulgaris, Georgios, 2023. "Asymmetric effects of fair value adjustments on dividend policy," International Review of Financial Analysis, Elsevier, vol. 90(C).
    27. Jackowicz, Krzysztof & Kowalewski, Oskar, 2012. "Crisis, internal governance mechanisms and pension fund performance: Evidence from Poland," Emerging Markets Review, Elsevier, vol. 13(4), pages 493-515.
    28. Jakub Kwiatkowski, 2017. "R&D activity and dividend policy of companies listed on the Warsaw Stock Exchange," Working Papers of Economics of European Integration Division 1702, The Univeristy of Gdansk, Faculty of Economics, Economics of European Integration Division.
    29. Jan Bena & Jan Hanousek, 2006. "Rent Extraction by Large Shareholders: Evidence Using Dividend Policy in the Czech Republic," CERGE-EI Working Papers wp291, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    30. Sheng, Andrew & Singh, Ajit, 2013. "Islamic Stock Markets in a Global Context," MPRA Paper 53035, University Library of Munich, Germany.
    31. Lefort, Fernando & Urzúa, Francisco, 2008. "Board independence, firm performance and ownership concentration: Evidence from Chile," Journal of Business Research, Elsevier, vol. 61(6), pages 615-622, June.
    32. Suman, Samridhi & Singh, Shveta, 2022. "The Role of Multiple Large Shareholders in Dividend Payouts: Evidence from India," American Business Review, Pompea College of Business, University of New Haven, vol. 25(1), pages 120-151, May.
    33. Ricardo Rodrigues & J. Augusto Felício & Pedro Verga Matos, 2020. "Corporate Governance and Dividend Policy in the Presence of Controlling Shareholders," JRFM, MDPI, vol. 13(8), pages 1-15, July.
    34. Haroon Hussain & Rohani Md-Rus & Hamdan Amer Ali Al-Jaifi, 2017. "Board Size and Dividend Policy: A Review," International Journal of Business and Administrative Studies, Professor Dr. Bahaudin G. Mujtaba, vol. 3(5), pages 197-201.
    35. Jianan Guo, 2016. "Ultimate Controlling Shareholders and Dividend Payout Policy in Chinese Stock Market," Review of Pacific Basin Financial Markets and Policies (RPBFMP), World Scientific Publishing Co. Pte. Ltd., vol. 19(02), pages 1-35, June.
    36. Farooq, Omar & Ahmed, Neveen, 2019. "Dividend policy and political uncertainty: Evidence from the US presidential elections," Research in International Business and Finance, Elsevier, vol. 48(C), pages 201-209.
    37. Wu, Hsueh-Liang, 2011. "Can minority state ownership influence firm value? Universal and contingency views of its governance effects," Journal of Business Research, Elsevier, vol. 64(8), pages 839-845, August.
    38. Renneboog, L.D.R. & Trojanowski, G., 2005. "Control Structures and Payout Policy," Discussion Paper 2005-61, Tilburg University, Center for Economic Research.
    39. Weiner, Christian, 2005. "The conglomerate discount in Germany and the relationship to corporate governance," SFB 649 Discussion Papers 2005-063, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
    40. Ernest Gyapong & Ammad Ahmed & Collins G Ntim & Muhammad Nadeem, 2021. "Board gender diversity and dividend policy in Australian listed firms: the effect of ownership concentration," Asia Pacific Journal of Management, Springer, vol. 38(2), pages 603-643, June.
    41. Brunzell, Tor & Liljeblom, Eva & Löflund, Anders & Vaihekoski, Mika, 2014. "Dividend policy in Nordic listed firms," Global Finance Journal, Elsevier, vol. 25(2), pages 124-135.
    42. Luciana Mancinelli & Aydin Ozkan, 2006. "Ownership structure and dividend policy: Evidence from Italian firms," The European Journal of Finance, Taylor & Francis Journals, vol. 12(3), pages 265-282.
    43. Tzu-Chun Sheng & Alvin Chang & Shu-Hui Lan & Shih-Cheng Li, 2020. "Analysis of the Dividend Policy Decision-Making Mechanism of Chinese and Taiwanese Lithium Battery Industries," Mathematics, MDPI, vol. 8(10), pages 1-16, October.
    44. Athari, Seyed Alireza & Adaoglu, Cahit & Bektas, Eralp, 2016. "Investor protection and dividend policy: The case of Islamic and conventional banks," Emerging Markets Review, Elsevier, vol. 27(C), pages 100-117.
    45. Liu, Chunyan & Uchida, Konari & Yang, Yufeng, 2014. "Controlling shareholder, split-share structure reform and cash dividend payments in China," International Review of Economics & Finance, Elsevier, vol. 29(C), pages 339-357.
    46. López-Iturriaga, Félix J. & Santana Martín, Domingo Javier, 2019. "The payout policy of politically connected firms: Tunnelling or reputation?," The North American Journal of Economics and Finance, Elsevier, vol. 50(C).
    47. Duygun, Meryem & Guney, Yilmaz & Moin, Abdul, 2018. "Dividend policy of Indonesian listed firms: The role of families and the state," Economic Modelling, Elsevier, vol. 75(C), pages 336-354.
    48. Pillai, Rekha & Al-Malkawi, Husam-Aldin Nizar, 2018. "On the relationship between corporate governance and firm performance: Evidence from GCC countries," Research in International Business and Finance, Elsevier, vol. 44(C), pages 394-410.
    49. Islam Mohammad Shahidul & Adnan Atm, 2019. "Dividend Practices in Listed Companies: Study on the Manufacturing Sector of Bangladesh," Management of Organizations: Systematic Research, Sciendo, vol. 81(1), pages 1-19, June.
    50. Basharat Khan & Qiujun Zhao & Amjad Iqbal & Irfan Ullah & Shahab Aziz, 2022. "Internal Dynamics of Dividend Policy in East-Asia: A Comparative Study of Japan and South Korea," SAGE Open, , vol. 12(2), pages 21582440221, April.
    51. Bany-Ariffin, A.N. & Mat Nor, Fauzias & McGowan Jr., Carl B., 2010. "Pyramidal structure, firm capital structure exploitation and ultimate owners' dominance," International Review of Financial Analysis, Elsevier, vol. 19(3), pages 151-164, June.
    52. Marc Levy & Ariane Szafarz, 2011. "Corporate Control with Cross-Ownership," Working Papers CEB 11-053, ULB -- Universite Libre de Bruxelles.
    53. Mitton, Todd, 2004. "Corporate governance and dividend policy in emerging markets," Emerging Markets Review, Elsevier, vol. 5(4), pages 409-426, December.
    54. Alexandros Sikalidis & Konstantinos Bozos & Antonios Chantziaras & Christos Grose, 2022. "Influences of family ownership on dividend policy under mandatory dividend rules," Review of Quantitative Finance and Accounting, Springer, vol. 59(3), pages 939-967, October.
    55. Kuo, Nan-Ting & Lee, Cheng-Few, 2013. "Effects of dividend tax and signaling on firm valuation: Evidence from taxable stock dividend announcements," Pacific-Basin Finance Journal, Elsevier, vol. 25(C), pages 157-180.
    56. John Elim, 2019. "Model of Firm Value Indonesian Stock Exchange Case," International Journal of Economics and Financial Issues, Econjournals, vol. 9(3), pages 154-162.
    57. Hamid Ravanpak Noodezh & Ali Amiri & Salehe Moghimi, 2015. "Investigation of the Relationship between Shareholders Conflict over Dividend Policy and Accounting Conservatism in Tehran Stock Exchange," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 5(3), pages 108-115, July.
    58. Laetitia Lepetit & Céline Meslier-Crouzille & Leo Indra Wardhana, 2015. "Do Asymmetric Information and Ownership Structure Matter for Dividend Payout Decisions? Evidence from European Banks," Working Papers hal-01186722, HAL.
    59. Christian Andres & André Betzer & Markus Doumet & Erik Theissen, 2018. "Open Market Share Repurchases in Germany: A Conditional Event Study Approach," Abacus, Accounting Foundation, University of Sydney, vol. 54(4), pages 417-444, December.
    60. Achleitner, Ann-Kristin & Betzer, André & Gider, Jasmin, 2008. "Do corporate governance motives drive hedge funds and private equity activities?," CEFS Working Paper Series 2008-11, Technische Universität München (TUM), Center for Entrepreneurial and Financial Studies (CEFS).
    61. Jens Günther, 2017. "Capital market effects around dividend announcements: an analysis of the Berlin stock exchange in 1895," Accounting History Review, Taylor & Francis Journals, vol. 27(3), pages 249-278, September.
    62. Khalfan, Twahir M. & Wendt, Stefan, 2020. "The impact of ownership concentration on payout across Nordic firms," Journal of Multinational Financial Management, Elsevier, vol. 56(C).
    63. Andrew Sheng & Ajit Singh, 2012. "Enhancing Islamic Finance: Establishing an Islamic Stock Market that Overcomes Problems of the Existing Stock Market," Working Papers wp437, Centre for Business Research, University of Cambridge.
    64. Patrice Charlier & Céline Duboys, 2011. "Gouvernance familiale et politique de distribution aux actionnaires," Revue Finance Contrôle Stratégie, revues.org, vol. 14(1), pages 5-31., March.
    65. Elisabete Duarte Neves, 2014. "Ownership Structure and Investor¡¯s Sentiments for Dividends," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 5(2), pages 35-58, April.
    66. Trojanowski, G., 2004. "Ownership structure as a mechanism of corporate governance," Other publications TiSEM 5dbc874d-d1d0-44a5-9717-8, Tilburg University, School of Economics and Management.
    67. Chai, D.H., 2010. "Foreign Corporate Ownership and Dividends," Working Papers wp401, Centre for Business Research, University of Cambridge.
    68. Imran Yousaf & Shoaib Ali & Arshad Hassan, 2019. "Effect of family control on corporate dividend policy of firms in Pakistan," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 5(1), pages 1-13, December.
    69. Dodig Ante & Dzidic Ante, 2022. "Dividend Policies in Volatile Transitioning Markets," Zagreb International Review of Economics and Business, Sciendo, vol. 25(1), pages 111-132.
    70. Purkayastha, Saptarshi & Veliyath, Rajaram & George, Rejie, 2019. "The roles of family ownership and family management in the governance of agency conflicts," Journal of Business Research, Elsevier, vol. 98(C), pages 50-64.
    71. Andres, Christian & Fernau, Erik & Theissen, Erik, 2014. "Should I stay or should I go? Former CEOs as monitors," Journal of Corporate Finance, Elsevier, vol. 28(C), pages 26-47.
    72. Aleksandra Pieloch-Babiarz, 2022. "Catering to investor sentiment for dividends: contestability or collusion of the largest shareholders?," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 17(2), pages 435-457, June.
    73. Henry, Darren, 2011. "Ownership structure and tax-friendly dividends," Journal of Banking & Finance, Elsevier, vol. 35(10), pages 2747-2760, October.
    74. Muzammal Ilyas Sindhu & Shujahat Haider Hashmi & Ehtasham Ul Haq, 2016. "Impact of ownership structure on dividend payout in Pakistani non-financial sector," Cogent Business & Management, Taylor & Francis Journals, vol. 3(1), pages 1272815-127, December.
    75. Ann-Kristin Achleitner & Nina G�nther & Christoph Kaserer & Gianfranco Siciliano, 2014. "Real Earnings Management and Accrual-based Earnings Management in Family Firms," European Accounting Review, Taylor & Francis Journals, vol. 23(3), pages 431-461, September.
    76. Urzúa I., Francisco, 2009. "Too few dividends? Groups' tunneling through chair and board compensation," Journal of Corporate Finance, Elsevier, vol. 15(2), pages 245-256, April.
    77. Patrice Charlier & Céline Du Boys, 2011. "Family governance and payout policies to shareholders [Gouvernance familiale et politique de distribution aux actionnaires]," Post-Print hal-01470330, HAL.
    78. Jiang, Fuxiu & Cai, Xinni & Jiang, Zhan & Nofsinger, John R., 2019. "Multiple large shareholders and dividends: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 57(C).
    79. Christian Andres & André Betzer & Inga van den Bongard & Christian Haesner & Erik Theissen, 2011. "Dividend Announcements Reconsidered - Dividend Changes versus Dividend Surprises," Schumpeter Discussion Papers sdp11013, Universitätsbibliothek Wuppertal, University Library.
    80. Thomas O'Connor, 2004. "Are the domestic investors of firms cross-listed in the United States better protected," Money Macro and Finance (MMF) Research Group Conference 2004 20, Money Macro and Finance Research Group.
    81. Mohammad Shahidul Islam & ATM Adnan, 2022. "Determinant Factors of Dividend Policy Using a Structural Equation Modeling Approach: A Study of the Banking Sector of Bangladesh," Oblik i finansi, Institute of Accounting and Finance, issue 1, pages 49-58, March.
    82. Sakineh Darvishzadeh & Zeinolabedin Sadeghi & Ahmad Khodamipour, 2013. "Investigation of the Relationship between Ownership–Control Discrepancy and Dividend Policy in Tehran Stock Exchange," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 3(3), pages 266-274, July.
    83. El-Helaly, Moataz & Al-Dah, Bilal, 2022. "Related party transactions and dividend payouts," Finance Research Letters, Elsevier, vol. 49(C).
    84. Yasuharu Aoki, 2014. "How Does the Largest Shareholder Affect Dividends?," International Review of Finance, International Review of Finance Ltd., vol. 14(4), pages 613-645, December.
    85. Fairchild, Richard & Guney, Yilmaz & Thanatawee, Yordying, 2014. "Corporate dividend policy in Thailand: Theory and evidence," International Review of Financial Analysis, Elsevier, vol. 31(C), pages 129-151.
    86. Céline Du Boys, 2009. "Is payout policy part of the corporate governance system? The case of France," Post-Print hal-01290737, HAL.
    87. Klaus Gugler & Dennis C. Mueller & B. Burcin Yurtoglu, 2001. "Corporate Governance, Capital MarketDiscipline and the Returns on Investment," CIG Working Papers FS IV 01-25, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    88. Dow, Sandra & McGuire, Jean, 2009. "Propping and tunneling: Empirical evidence from Japanese keiretsu," Journal of Banking & Finance, Elsevier, vol. 33(10), pages 1817-1828, October.
    89. Anaïs Hamelin-Schertzer, 2009. "Do small family businesses have a peculiar attitude toward growth? Evidence from French SMEs," Working Papers CEB 09-032.RS, ULB -- Universite Libre de Bruxelles.
    90. Kumar, Satish, 2017. "New evidence on stock market reaction to dividend announcements in India," Research in International Business and Finance, Elsevier, vol. 39(PA), pages 327-337.
    91. Renneboog, Luc & Szilagyi, Peter, 2020. "How relevant is dividend policy under low shareholder protection?," Other publications TiSEM 9fab895c-69f2-4056-8df8-8, Tilburg University, School of Economics and Management.
    92. Wang, Jin-Ying, 2014. "Controlling shareholder entrenchment: Bonuses versus dividends," International Review of Economics & Finance, Elsevier, vol. 32(C), pages 143-158.
    93. Vasanthan Subramaniam, 2018. "Family Ownership and Dividend Policy: Empirical Evidence from Malaysia," International Journal of Business and Management, Canadian Center of Science and Education, vol. 13(5), pages 112-112, March.
    94. Jayesh Kumar, 2004. "Corporate Governance and Dividends Payout in India," Finance 0409007, University Library of Munich, Germany.
    95. An Rommens & Ludo Cuyvers & Marc Deloof, 2012. "Dividend Policies of Privately Held Companies: Stand†Alone and Group Companies in Belgium," European Financial Management, European Financial Management Association, vol. 18(5), pages 816-835, November.
    96. Gugler, Klaus & Mueller, Dennis C. & Yurtoglu, B. Burcin, 2008. "Insider ownership, ownership concentration and investment performance: An international comparison," Journal of Corporate Finance, Elsevier, vol. 14(5), pages 688-705, December.
    97. Jabbouri, Imad, 2016. "Determinants of corporate dividend policy in emerging markets: Evidence from MENA stock markets," Research in International Business and Finance, Elsevier, vol. 37(C), pages 283-298.
    98. Isakov, Dusan & Weisskopf, Jean-Philippe, 2013. "Do not wake sleeping dogs: Pay-out policies in founding family firms," FSES Working Papers 443, Faculty of Economics and Social Sciences, University of Freiburg/Fribourg Switzerland.
    99. Gugler, Klaus & Mueller, Dennis C & Yurtoglu, B Burcin, 2004. "Corporate Governance and the Returns on Investment," Journal of Law and Economics, University of Chicago Press, vol. 47(2), pages 589-633, October.
    100. Faris Nasif AL- SHUBIRI & Ghassan AL TALEB & Abd AL – Naser AL- ZOUED, 2012. "The Relationship between Ownership Structure and Dividend Policy: An Empirical Investigation," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 13(4), pages 644-657, October.
    101. Anaïs Hamelin-Schertzer, 2010. "Is there tunneling in Small Business Groups? Evidence from French SMEs," Working Papers CEB 10-003.RS, ULB -- Universite Libre de Bruxelles.
    102. Ren, Xiaoyi & Liu, Xing, 2024. "Passing the dividend baton: Family succession and cash dividends," International Review of Financial Analysis, Elsevier, vol. 94(C).
    103. Francis, Jennifer & Schipper, Katherine & Vincent, Linda, 2005. "Earnings and dividend informativeness when cash flow rights are separated from voting rights," Journal of Accounting and Economics, Elsevier, vol. 39(2), pages 329-360, June.
    104. Martina Sopta Mihaela Mikić Tin Horvatinović, 2019. "Dividend Policies and Business Groups: the Case of Croatia," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 22(SCI), pages 25-36, March.
    105. Chen, Ching-Lung & Weng, Pei-Yu & Fan, Hung-Shu, 2023. "Exploring the role of excess control rights on real earnings management in family-controlled firms," Journal of International Accounting, Auditing and Taxation, Elsevier, vol. 50(C).
    106. De Cesari, Amedeo, 2012. "Expropriation of minority shareholders and payout policy," The British Accounting Review, Elsevier, vol. 44(4), pages 207-220.
    107. Houda Qasim Aleqedat & Sara Zakaria AL-Rawash, 2020. "International Journal of Business and Social Research (IJBSR)7The Impacts of Hofstede’s Cultural Dimensions and Ownership Structure on Dividend Policy of Financial Sectors in Jordan," Journal of Business, LAR Center Press, vol. 5(1), pages 07-25, January.
    108. Hanousek, Jan & Shamshur, Anastasiya, 2011. "A stubborn persistence: Is the stability of leverage ratios determined by the stability of the economy?," Journal of Corporate Finance, Elsevier, vol. 17(5), pages 1360-1376.
    109. Hussain Haroon & Md-Rus Rohani & Al-Jaifi Hamdan Amer & Hussain Rana Yassir, 2022. "Determinants of Corporate Pay-Out Policy and the Moderating Effects of Firm's Growth: Evidence from Pakistan," Studia Universitatis „Vasile Goldis” Arad – Economics Series, Sciendo, vol. 32(3), pages 65-101, September.
    110. Julio Pindado & Chabela De La Torre, 2006. "The Role of Investment, Financing and Dividend Decisions in Explaining Corporate Ownership Structure: Empirical Evidence from Spain," European Financial Management, European Financial Management Association, vol. 12(5), pages 661-687, November.
    111. Zhao, Yu Fang & Xia, Xin Ping & Tang, Xiang Xi & Cao, Wei & Liu, Xiao Yuan & Fan, Ying Han, 2015. "Private placements, cash dividends and interests transfer: Empirical evidence from Chinese listed firms," International Review of Economics & Finance, Elsevier, vol. 36(C), pages 107-118.
    112. Szilagyi, P.G., 2007. "Corporate governance and the agency costs of debt and outside equity," Other publications TiSEM 9520d40a-224f-43a8-9bf9-b, Tilburg University, School of Economics and Management.

  29. Gugler, Klaus & Yurtoglu, Burcin B., 2003. "Average q, marginal q, and the relation between ownership and performance," Economics Letters, Elsevier, vol. 78(3), pages 379-384, March.

    Cited by:

    1. Ezzeddine Ben Mohamed & Baccar Ame & Abdelfatteh Bouri, 2013. "Investment Cash Flow Sensitivity and Managerial Optimism: A Literature Review via the Classification Scheme Technique," The Review of Finance and Banking, Academia de Studii Economice din Bucuresti, Romania / Facultatea de Finante, Asigurari, Banci si Burse de Valori / Catedra de Finante, vol. 5(1), pages 007-026, June.
    2. Bjuggren, Per-Olof & Högberg, Andreas, 2012. "Legal Origin and Firm Size Effects Around the World," Ratio Working Papers 191, The Ratio Institute.
    3. Grzegorz Pawlina & Luc Renneboog, 2005. "Is Investment‐Cash Flow Sensitivity Caused by Agency Costs or Asymmetric Information? Evidence from the UK," European Financial Management, European Financial Management Association, vol. 11(4), pages 483-513, September.
    4. Connelly, J. Thomas, 2016. "Investment policy at family firms: Evidence from Thailand," Journal of Economics and Business, Elsevier, vol. 83(C), pages 91-122.
    5. Bjuggren, Per-Olof & Eklund, Johan & Wiberg, Daniel, 2008. "Institutional Ownership and the Returns on Investment," Ratio Working Papers 128, The Ratio Institute.
    6. Palmberg, Johanna, 2012. "The Performance Effects of Corporate Board of Directors," Ratio Working Papers 187, The Ratio Institute.
    7. Eklund, Johan E, 2009. "One Share – One Vote: new evidence from the Nordic countries," Working Paper Series in Economics and Institutions of Innovation 168, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    8. Johan Eklund & Johanna Palmberg & Daniel Wiberg, 2013. "Inherited corporate control and returns on investment," Small Business Economics, Springer, vol. 41(2), pages 419-431, August.
    9. Mohammad Reza Dalvi & Ebrahim Baghi, 2014. "Evaluate the Relationship between Company Performance and Stock Market Liquidity," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 4(1), pages 136-144, January.
    10. Eklund, Johan & Palmberg, Johanna & Wiberg, Daniel, 2009. "Ownership Structure, Board Composition and Investment Performance," Working Paper Series in Economics and Institutions of Innovation 172, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    11. Klaus Gugler & Dennis C. Mueller & B. Burcin Yurtoglu, 2004. "Marginal q, Tobin's q, Cash Flow, and Investment," Southern Economic Journal, John Wiley & Sons, vol. 70(3), pages 512-531, January.
    12. Valentina Peruzzi, 2017. "Does family ownership structure affect investment-cash flow sensitivity? Evidence from Italian SMEs," Applied Economics, Taylor & Francis Journals, vol. 49(43), pages 4378-4393, September.
    13. Bjuggren, Per-Olof & Palmberg, Johanna, 2008. "Swedish Listed Family Firms and Entrepreneurial Spirit," Working Paper Series in Economics and Institutions of Innovation 147, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    14. Thomas Poulsen, 2013. "Corporate control and underinvestment," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 17(1), pages 131-155, February.
    15. Johan E. Eklund, 2009. "Corporate Governance and Investments in Scandinavia – Ownership Concentration and Dual-Class Equity Structure," Chapters, in: Per-Olof Bjuggren & Dennis C. Mueller (ed.), The Modern Firm, Corporate Governance and Investment, chapter 7, Edward Elgar Publishing.
    16. Imen Khanchel El Mehdi, 2007. "Empirical Evidence on Corporate Governance and Corporate Performance in Tunisia," Corporate Governance: An International Review, Wiley Blackwell, vol. 15(6), pages 1429-1441, November.
    17. Desai, Sameeksha & Eklund, Johan & Högberg, Andreas, 2009. "Promarket reforms and allocation of capital in India," Working Paper Series in Economics and Institutions of Innovation 206, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    18. Bjuggren, Per-Olof & Wiberg, Daniel, 2005. "Industry Specific Effects in Investment Performance and Valuation of Firms - Marginal q in a Stock Market Bubble," Working Paper Series in Economics and Institutions of Innovation 45, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    19. Per-Olof Bjuggren & Johan Eklund & Daniel Wiberg, 2007. "Ownership structure, control and firm performance: the effects of vote-differentiated shares," Applied Financial Economics, Taylor & Francis Journals, vol. 17(16), pages 1323-1334.
    20. Per-Olof Bjuggren & Andreas Högberg, 2011. "Legal Origin and Size Effects in European Listed Firms," ERSA conference papers ersa10p1488, European Regional Science Association.
    21. Ortega-Argilés , Raquel & Moreno, Rosina, 2009. "Evidence on the role of ownership structure on firms’ innovative performance," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 15, pages 231-250.
    22. Zorica Kalezić, 2015. "Ownership Concentration and Firm Performance in Transition Economies: Evidence from Montenegro," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 4(3), pages 5-64.
    23. Johanna Palmberg & Johan Eklund & Daniel Wiberg, 2011. "Family Ownership and Return on Investments - Founders, Heirs and External Managers," ERSA conference papers ersa10p1517, European Regional Science Association.
    24. Drobetz, Wolfgang & Gugler, Klaus & Hirschvogl, Simone, 2004. "The Determinants of the German Corporate Governance Rating," Working papers 2004/06, Faculty of Business and Economics - University of Basel.
    25. Johanna Palmberg, 2015. "The performance effect of corporate board of directors," European Journal of Law and Economics, Springer, vol. 40(2), pages 273-292, October.
    26. Ammari, Aymen & Bouteska, Ahmed & Regaieg, Boutheina, 2016. "CEO Entrenchment and Performance: New Evidence Using Nonlinear Principal Component Analysis," MPRA Paper 75529, University Library of Munich, Germany.
    27. Gugler, Klaus & Mueller, Dennis C. & Yurtoglu, B. Burcin, 2008. "Insider ownership, ownership concentration and investment performance: An international comparison," Journal of Corporate Finance, Elsevier, vol. 14(5), pages 688-705, December.
    28. Per-Olof Bjuggren, 2016. "Marginal q revisited," Applied Economics, Taylor & Francis Journals, vol. 48(1), pages 52-58, January.

  30. Gugler, Klaus, 2003. "Corporate governance, dividend payout policy, and the interrelation between dividends, R&D, and capital investment," Journal of Banking & Finance, Elsevier, vol. 27(7), pages 1297-1321, July.

    Cited by:

    1. Correia Da Silva, L. & Goergen, M. & Renneboog, L.D.R., 2002. "When do German Firms Change their Dividends?," Other publications TiSEM c2343cc2-8f25-496b-9953-2, Tilburg University, School of Economics and Management.
    2. Chen, Xiaoqi & Chih-Chieh Chris, Hsieh & Tsang, Albert & Xiang, Yi, 2022. "Cross-border enforcement of securities laws and dividend payouts," The British Accounting Review, Elsevier, vol. 54(6).
    3. Mar𨀠 Bel鮠Lozano, 2012. "Analysing the effect of excess cash accumulation on financial decisions," Applied Economics, Taylor & Francis Journals, vol. 44(21), pages 2687-2698, July.
    4. Hanna Hottenrott & Bettina Peters, 2012. "Innovative Capability and Financing Constraints for Innovation: More Money, More Innovation?," The Review of Economics and Statistics, MIT Press, vol. 94(4), pages 1126-1142, November.
    5. Ayman Hassan Bazhair & Mohammed Naif Alshareef, 2022. "Dynamic relationship between ownership structure and financial performance: a Saudi experience," Cogent Business & Management, Taylor & Francis Journals, vol. 9(1), pages 2098636-209, December.
    6. P. Du Jardin & E. Séverin, 2011. "Dividend policy," Post-Print hal-00801923, HAL.
    7. Harry DeAngelo & Linda DeAngelo, 2007. "Payout Policy Pedagogy: What Matters and Why," European Financial Management, European Financial Management Association, vol. 13(1), pages 11-27, January.
    8. Hicham Sbai & Slimane Ed-Dafali & Hicham Meghouar & Muhammad Mohiuddin, 2024. "Ownership Structure and Bank Dividend Policies: New Empirical Evidence from the Dual Banking Systems of MENA Countries," IJFS, MDPI, vol. 12(3), pages 1-20, June.
    9. Duha Al-Kuwari, 2012. "Are Large Shareholders Conducting Influential Monitoring in Emerging Markets? An Investigation into the Impact of Large Shareholders on Dividend Decisions: The Case of Kuwait," Research in World Economy, Research in World Economy, Sciedu Press, vol. 3(2), pages 52-67, September.
    10. Jan Hanousek & Evžen Kočenda & Anastasiya Shamshur, 2014. "Efektivita evropských firem [Efficiency of European Firms]," Politická ekonomie, Prague University of Economics and Business, vol. 2014(3), pages 303-322.
    11. Renneboog, L.D.R. & Szilagyi, P.G., 2006. "How Relevant is Dividend Policy under Low Shareholder Protection?," Other publications TiSEM 70e258ee-7fcd-4c5f-83a2-2, Tilburg University, School of Economics and Management.
    12. Hanousek, Jan & Kočenda, Evžen & Shamshur, Anastasiya, 2015. "Corporate efficiency in Europe," Journal of Corporate Finance, Elsevier, vol. 32(C), pages 24-40.
    13. Fodil Adjaoud & Walid Ben‐Amar, 2010. "Corporate Governance and Dividend Policy: Shareholders’ Protection or Expropriation?," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 37(5‐6), pages 648-667, June.
    14. Lai, Karen M.Y. & Saffar, Walid & Zhu, Xindong (Kevin) & Liu, Yiye, 2020. "Political institutions, stock market liquidity and firm dividend policy: Some international evidence," Journal of Contemporary Accounting and Economics, Elsevier, vol. 16(1).
    15. Hussein Abedi Shamsabadi & Byung-Seong Min & Richard Chung, 2016. "Corporate governance and dividend strategy: lessons from Australia," International Journal of Managerial Finance, Emerald Group Publishing Limited, vol. 12(5), pages 583-610, October.
    16. Christian Andres & André Betzer & Marc Goergen, 2012. "Dividend Policy, Corporate Control and the Tax Status of the Controlling Shareholder," Schumpeter Discussion Papers sdp12006, Universitätsbibliothek Wuppertal, University Library.
    17. Jan Hanousek & Evžen Kočenda & Michal Mašika, 2011. "Financial Efficiency and the Ownership of Czech Firms," Working Papers 300, Leibniz Institut für Ost- und Südosteuropaforschung (Institute for East and Southeast European Studies).
    18. Estrin, Saul & Hanousek, Jan & Shamshur, Anastasiya, 2024. "Does it matter who owns firms? Evidence on the impact of supermajority control on private firms in Europe," International Review of Financial Analysis, Elsevier, vol. 95(PB).
    19. Kalyani Mulchandani & Ketan Mulchandani & Sahil Singh Jasrotia, 2021. "Does gender diversity on firm’s board affect dividend payouts? Evidence from India," Future Business Journal, Springer, vol. 7(1), pages 1-11, December.
    20. Kashif Imran, 2011. "Determinants of Dividend Payout Policy: A Case of Pakistan Engineering Sector," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 14(41), pages 47-60, September.
    21. Andres, Christian & Betzer, André & Goergen, Marc, 2011. "Dividend policy, corporate control and tax clienteles: The case of Germany," CFS Working Paper Series 2011/16, Center for Financial Studies (CFS).
    22. Yang, Bao & Chou, Hsin-I. & Zhao, Jing, 2020. "Innovation or dividend payout: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 68(C), pages 180-203.
    23. Ming Dong & Chris Robinson & Chris Veld, 2004. "Why Individual Investors Want Dividends," Finance 0412009, University Library of Munich, Germany.
    24. Muhammad Farooq Ahmad & Oskar Kowalewski, 2021. "Board Reforms and Innovation," Working Papers 2021-ACF-03, IESEG School of Management.
    25. Jayesh Kumar, 2006. "Corporate Governance and Dividends Payout in India," Journal of Emerging Market Finance, Institute for Financial Management and Research, vol. 5(1), pages 15-58, April.
    26. Mª Belén Lozano García, 2011. "Analyzing the Effect of Excess Cash Accumulation on Financial Decisions," Post-Print hal-00704672, HAL.
    27. Jamasb, T. & Pollitt, M., 2005. "Deregulation and R&D in Network Industries: The Case of the Electricity Industry," Cambridge Working Papers in Economics 0533, Faculty of Economics, University of Cambridge.
    28. Goyal, Abhinav & Jategaonkar, Shrikant P. & Muckley, Cal B., 2020. "Why do privatized firms pay higher dividends?," Journal of Corporate Finance, Elsevier, vol. 60(C).
    29. Patrice Charlier & Céline Du Boys, 2009. "Gouvernance Familiale Et Repartition De La Valeur : Etude Des Politiques De Distribution Aux Actionnaires Des Entreprises Familiales Cotees," Post-Print halshs-00455729, HAL.
    30. Wei Huang & Mahnoor Sattar, 2021. "Corporate finance policies, subsidies and R&D: Evidence from China," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(3), pages 3875-3891, July.
    31. Akindayomi, Akinloye & Amin, Md Ruhul, 2022. "Does business strategy affect dividend payout policies?," Journal of Business Research, Elsevier, vol. 151(C), pages 531-550.
    32. Eliasu Nuhu & Abubakar Musah & Damankah Basil Senyo, 2014. "Determinants of Dividend Payout of Financial Firms and Non-Financial Firms in Ghana," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 4(3), pages 109-118, July.
    33. Stéphane Lhuillery, 2006. "The impact of corporate governance practices on R&D efforts: a look at shareholders’ rights, cross-listing and control pyramid," CEMI Working Papers cemi-report-2006-006, Ecole Polytechnique Fédérale de Lausanne, Collège du Management de la Technologie, Management of Technology and Entrepreneurship Institute, Chaire en Economie et Management de l'Innovation, revised Apr 2009.
    34. Jan Hanousek & Evžen Kočenda & Michal Mašika, 2012. "Firemní efektivita: vliv vlastnických struktur a finančních ukazatelů [Corporate Efficiency: Effect of Ownership Structures and Financial Indicators]," Politická ekonomie, Prague University of Economics and Business, vol. 2012(4), pages 459-483.
    35. Jakub Kwiatkowski, 2017. "R&D activity and dividend policy of companies listed on the Warsaw Stock Exchange," Working Papers of Economics of European Integration Division 1702, The Univeristy of Gdansk, Faculty of Economics, Economics of European Integration Division.
    36. Jan Bena & Jan Hanousek, 2006. "Rent Extraction by Large Shareholders: Evidence Using Dividend Policy in the Czech Republic," CERGE-EI Working Papers wp291, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    37. Hanqing “Chevy” Fang & Kulraj Singh & Taewoo Kim & Laura Marler & James J. Chrisman, 2022. "Family business research in Asia: review and future directions," Asia Pacific Journal of Management, Springer, vol. 39(4), pages 1215-1256, December.
    38. Duqi, Andi & Jaafar, Aziz & Warsame, Mohammed H., 2020. "Payout policy and ownership structure: The case of Islamic and conventional banks," The British Accounting Review, Elsevier, vol. 52(1).
    39. Mori, Naoya & Ikeda, Naoshi, 2015. "Majority support of shareholders, monitoring incentive, and dividend policy," Journal of Corporate Finance, Elsevier, vol. 30(C), pages 1-10.
    40. Connelly, J. Thomas & Limpaphayom, Piman & Nagarajan, Nandu J., 2012. "Form versus substance: The effect of ownership structure and corporate governance on firm value in Thailand," Journal of Banking & Finance, Elsevier, vol. 36(6), pages 1722-1743.
    41. Klaus Brockhoff, 2006. "Technologischer Wandel und Corporate Governance," Schmalenbach Journal of Business Research, Springer, vol. 58(54), pages 7-31, January.
    42. Mehdi Nekhili & Afifa Wali Siala & Dhikra Chebbi-Nehkili, 2009. "Free Cash Flow, gouvernance et politique financière des entreprises françaises," Revue Finance Contrôle Stratégie, revues.org, vol. 12(1), pages 5-31, March.
    43. Sana Charbti & Fabrice Hervé & Evelyne Poincelot, 2021. "Dividend Policy and Managerial Overconfidence: French Evidence," Post-Print hal-03199452, HAL.
    44. Renneboog, L.D.R. & Trojanowski, G., 2005. "Control Structures and Payout Policy," Discussion Paper 2005-61, Tilburg University, Center for Economic Research.
    45. Gonzalez, Maximiliano & Molina, Carlos A. & Pablo, Eduardo & Rosso, John W., 2017. "The effect of ownership concentration and composition on dividends: Evidence from Latin America," Emerging Markets Review, Elsevier, vol. 30(C), pages 1-18.
    46. Sinclair Davidson & Robert Brooks, 2004. "R&D, Agency Costs and Capital Structure: International Evidence," Econometric Society 2004 Australasian Meetings 59, Econometric Society.
    47. Bortolotti, Bernardo & Cambini, Carlo & Rondi, Laura, 2013. "Reluctant regulation," Journal of Comparative Economics, Elsevier, vol. 41(3), pages 804-828.
    48. Fabio Bertoni & Annalisa Croce & Massimiliano Guerini, 2015. "Venture Capital and the Investment Curve of Young High-Tech Companies," Post-Print hal-02313325, HAL.
    49. Jan Hanousek & Evzen Kocenda, 2016. "FDI and Ownership in Czech Firms: Pre- and Post-crisis Efficiency," KIER Working Papers 942, Kyoto University, Institute of Economic Research.
    50. Richard Arhinful & Leviticus Mensah & Halkawt Ismail Mohammed Amin & Hayford Asare Obeng, 2024. "The influence of cost of debt, cost of equity and weighted average cost of capital on dividend policy decision: evidence from non-financial companies listed on the Frankfurt Stock Exchange," Future Business Journal, Springer, vol. 10(1), pages 1-24, December.
    51. Hu, Jinshuai & Jiang, Haiyan & Wu, Yibing, 2023. "How does privatization affect cash dividends? Quasi-experimental evidence from China," Emerging Markets Review, Elsevier, vol. 57(C).
    52. María Belda-Ruiz & Gregorio Sánchez-Marín & J. Samuel Baixauli-Soler, 2022. "Influence of family-centered goals on dividend policy in family firms: A socioemotional wealth approach," International Entrepreneurship and Management Journal, Springer, vol. 18(4), pages 1503-1526, December.
    53. Ping-Lung Hsin & Tobias Haepp & Yen-Lien Kuo, 2013. "Export destinations, and company investments in R&D and capital," Economics Bulletin, AccessEcon, vol. 33(4), pages 2851-2859.
    54. Paniagua, Jordi & Rivelles, Rafael & Sapena, Juan, 2018. "Corporate governance and financial performance: The role of ownership and board structure," Journal of Business Research, Elsevier, vol. 89(C), pages 229-234.
    55. Truong, Thanh & Heaney, Richard, 2007. "Largest shareholder and dividend policy around the world," The Quarterly Review of Economics and Finance, Elsevier, vol. 47(5), pages 667-687, December.
    56. Trinh, Quoc Dat & Haddad, Christian & Tran, Kim Thuan, 2022. "Financial reporting quality and dividend policy: New evidence from an international level," International Review of Financial Analysis, Elsevier, vol. 80(C).
    57. Azhagaiah Ramachandran & Veeramuthu Packkirisamy, 2010. "The Impact of Firm Size on Dividend Behaviour: A Study With Reference to Corporate Firms across Industries in India," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 8(1), pages 049-078.
    58. Nguyen, Thien Hoang & Nguyen, Xuan Minh & Nguyen, Thi Thu Ha & Tran, Quoc Trung, 2017. "Ownership structure and performance of professional service firms in a declining industry: Evidence from Vietnamese securities firms1," Business and Economic Horizons (BEH), Prague Development Center (PRADEC), vol. 13(2).
    59. Yuting Huang & Anlin Chen & Lanfeng Kao, 2012. "Corporate governance in Taiwan: The nonmonotonic relationship between family ownership and dividend policy," Asia Pacific Journal of Management, Springer, vol. 29(1), pages 39-58, March.
    60. Laetitia Lepetit & Céline Meslier-Crouzille & Leo Indra Wardhana, 2015. "Do Asymmetric Information and Ownership Structure Matter for Dividend Payout Decisions? Evidence from European Banks," Working Papers hal-01186722, HAL.
    61. Ye, Dezhu & Deng, Jie & Liu, Yi & Szewczyk, Samuel H. & Chen, Xiao, 2019. "Does board gender diversity increase dividend payouts? Analysis of global evidence," Journal of Corporate Finance, Elsevier, vol. 58(C), pages 1-26.
    62. Lukas Setia‐Atmaja & George A. Tanewski & Michael Skully, 2009. "The Role of Dividends, Debt and Board Structure in the Governance of Family Controlled Firms," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 36(7‐8), pages 863-898, September.
    63. Huilin Zhang & Sabri Boubaker & Xiaroan Ni, 2024. "Litigating Payouts or Not? Evidence from Universal Demand Laws," Post-Print hal-04432414, HAL.
    64. Patrice Charlier & Céline Duboys, 2011. "Gouvernance familiale et politique de distribution aux actionnaires," Revue Finance Contrôle Stratégie, revues.org, vol. 14(1), pages 5-31., March.
    65. Murhadi, Werner-Ria, 2008. "Study On Dividend Policy: Antecedent and Its Impact On Share Price," MPRA Paper 25596, University Library of Munich, Germany.
    66. Elisabete Duarte Neves, 2014. "Ownership Structure and Investor¡¯s Sentiments for Dividends," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 5(2), pages 35-58, April.
    67. Apergis, Nicholas & Chasiotis, Ioannis & Georgantopoulos, Andreas G. & Konstantios, Dimitrios, 2021. "The integration of share repurchases into investment decision-making: Evidence from Japan," International Review of Financial Analysis, Elsevier, vol. 78(C).
    68. Trojanowski, G., 2004. "Ownership structure as a mechanism of corporate governance," Other publications TiSEM 5dbc874d-d1d0-44a5-9717-8, Tilburg University, School of Economics and Management.
    69. rondi, laura & cambini, carlo & bremberger, francisca & gugler, klaus, 2013. "Dividend Policy in Regulated Firms," MPRA Paper 48043, University Library of Munich, Germany.
    70. Huang, Wei & Paul, Donna L., 2017. "Institutional holdings, investment opportunities and dividend policy," The Quarterly Review of Economics and Finance, Elsevier, vol. 64(C), pages 152-161.
    71. Gniadkowska-Szymańska Agata, 2017. "Impact of a Company’s Dividend Policy on the Liquidity of Shares Listed on the Warsaw Stock Exchange," Financial Internet Quarterly (formerly e-Finanse), Sciendo, vol. 13(3), pages 24-32, September.
    72. Anneleen Michiels & Wim Voordeckers & Nadine Lybaert & Tensie Steijvers, 2015. "Dividends and family governance practices in private family firms," Small Business Economics, Springer, vol. 44(2), pages 299-314, February.
    73. Cao, Mengyi & Xia, Qing, 2021. "Trust and use of covenants," Research in International Business and Finance, Elsevier, vol. 57(C).
    74. Nilakshi Borah & Hui Liang James & Jung Chul Park, 2020. "Does CEO inside debt compensation benefit both shareholders and debtholders?," Review of Quantitative Finance and Accounting, Springer, vol. 54(1), pages 159-203, January.
    75. Erhan Kilincarslan, 2018. "The Factors Determining the Dividend Policy of Financial Firms Listed on the Borsa Istanbul," Bogazici Journal, Review of Social, Economic and Administrative Studies, Bogazici University, Department of Economics, vol. 32(1), pages 75-109.
    76. Baker, H. Kent & Dam, Lammertjan & De Ridder, Adri, 2021. "Payouts and stock ownership," Journal of Multinational Financial Management, Elsevier, vol. 60(C).
    77. Thitima Sitthipongpanich, 2016. "The influence of the CEO and the largest shareholder on dividend payout policy in Thailand," Proceedings of Business and Management Conferences 3405493, International Institute of Social and Economic Sciences.
    78. L. Ruzhanskaya & S. Lukyanov, 2010. "Dividend Policy of Russian Companies and the Investors Interests," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 3.
    79. Chintrakarn, Pandej & Chatjuthamard, Pattanaporn & Tong, Shenghui & Jiraporn, Pornsit, 2018. "How do powerful CEOs view dividends and stock repurchases? Evidence from the CEO pay slice (CPS)," International Review of Economics & Finance, Elsevier, vol. 58(C), pages 49-64.
    80. Shamsabadi, Hussein Abedi & Tebourbi, Imen & Nourani, Mohammad & Min, Byung S., 2021. "Corporate Governance and Dividend Reinvestment Plans: Insights from Imputation Tax in Australia," Finance Research Letters, Elsevier, vol. 41(C).
    81. Dialdin Osman & Elsaudi Mohammed, 2010. "Dividend Policy In Saudi Arabia," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 4(1), pages 99-113.
    82. Matthews, Lane & Heyden, Mariano L.M. & Zhou, Dan, 2022. "Paradoxical transparency? Capital market responses to exploration and exploitation disclosure," Research Policy, Elsevier, vol. 51(1).
    83. Li, Wanli & Zhou, Jingting & Yan, Ziqiao & Zhang, He, 2020. "Controlling shareholder share pledging and firm cash dividends," Emerging Markets Review, Elsevier, vol. 42(C).
    84. Sun, Liang & Yu, Huaibing, 2022. "The effects of busy board on firm’s probability to pay dividends," Research in International Business and Finance, Elsevier, vol. 60(C).
    85. Tien Hoang Nguyen, & Xuan Minh Nguyen, & Thi Thu Ha Nguyen, & Quoc Trung Tran, 2017. "Ownership structure and performance of professional service firms in a declining industry: Evidence from Vietnamese securities firms," Business and Economic Horizons (BEH), Prague Development Center, vol. 13(2), pages 142-151, May.
    86. Richard Herron, 2022. "Payout policy and the interaction of firm-level and country-level governance," Review of Quantitative Finance and Accounting, Springer, vol. 58(1), pages 1-39, January.
    87. Renneboog, Luc & Szilagyi, Peter, 2020. "How relevant is dividend policy under low shareholder protection?," Other publications TiSEM 9fab895c-69f2-4056-8df8-8, Tilburg University, School of Economics and Management.
    88. Cheng-Few Lee & Woan-lih Liang & Fu-Lai Lin & Yating Yang, 2016. "Applications of simultaneous equations in finance research: methods and empirical results," Review of Quantitative Finance and Accounting, Springer, vol. 47(4), pages 943-971, November.
    89. Salvador Bertomeu & Antonio Estache, 2019. "Should Infrastructure Regulators regulate Dividends? Hints from a Literature Survey," Working Papers ECARES 2019-18, ULB -- Universite Libre de Bruxelles.
    90. Vincent Molly & Anneleen Michiels, 2022. "Dividend decisions in family businesses: A systematic review and research agenda," Journal of Economic Surveys, Wiley Blackwell, vol. 36(4), pages 992-1026, September.
    91. Paul McGuinness & Kevin Lam & João Vieito, 2015. "Gender and other major board characteristics in China: Explaining corporate dividend policy and governance," Asia Pacific Journal of Management, Springer, vol. 32(4), pages 989-1038, December.
    92. J. Thomas Connelly & Christian C. P. Wolff, 2023. "Dividend Policy Decisions and Ownership Concentration: Evidence from Thai Public Companies," Review of Pacific Basin Financial Markets and Policies (RPBFMP), World Scientific Publishing Co. Pte. Ltd., vol. 26(01), pages 1-35, March.
    93. Haw, In-Mu & Ho, Simon S.M. & Hu, Bingbing & Zhang, Xu, 2013. "Legal Institutions, Ownership Concentration, and Stock Repurchases Around the World: Signal Mimicking?," The International Journal of Accounting, Elsevier, vol. 48(4), pages 427-458.
    94. Osama Wagdi & Eman Salman & Walid Abouzeid, 2021. "Maximizing Stockholder Wealth under Corporate Governance Mechanisms: Evidence from EGX," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 13(4), pages 1-1, April.
    95. Dr. Faris Nasif AL- Shubiri, 2012. "Determinants Of Changes Dividend Behavior Policy: Evidence From The Amman Stock Exchange," Far East Journal of Marketing and Management, Far East Research Centre, vol. 2(1), pages 1-13, August.
    96. Mohammad Shahidul Islam, 2018. "Dividend Practices In Listed Banks Of Bangladesh," Copernican Journal of Finance & Accounting, Uniwersytet Mikolaja Kopernika, vol. 7(2), pages 43-61.
    97. Jayesh Kumar, 2004. "Corporate Governance and Dividends Payout in India," Finance 0409007, University Library of Munich, Germany.
    98. An Rommens & Ludo Cuyvers & Marc Deloof, 2012. "Dividend Policies of Privately Held Companies: Stand†Alone and Group Companies in Belgium," European Financial Management, European Financial Management Association, vol. 18(5), pages 816-835, November.
    99. Zijian Cheng & Charles P. Cullinan & Zhangxin (Frank) Liu & Junrui Zhang, 2021. "Cross‐listings and dividend size and stability: evidence from China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(1), pages 415-465, March.
    100. Tolossa Fufa Gulema & Zhou Xiaoyan, 2021. "Mediating Role of Innovation Capacity in the Relationship between Corporate governance and Firm Performance: evidence from Chinese listed firms," International Journal of Science and Business, IJSAB International, vol. 5(4), pages 105-122.
    101. Chae, Joon & Kim, Sungmin & Lee, Eun Jung, 2009. "How corporate governance affects payout policy under agency problems and external financing constraints," Journal of Banking & Finance, Elsevier, vol. 33(11), pages 2093-2101, November.
    102. Ali Amin & Rizwan Ali & Ramiz ur Rehman, 2022. "Cost Stickiness, Firm’s Dividend Payouts, and Family Ownership," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 27(1), pages 116-133, Jan-June.
    103. Chou, Robin K. & Wang, Yu-Chun & Jimmy Yang, J., 2021. "Share pledging, payout policy, and the value of cash holdings," Journal of Empirical Finance, Elsevier, vol. 61(C), pages 18-33.
    104. Justin Hung Nguyen & Buhui Qiu, 2022. "The effect of skilled labor intensity on corporate dividend payouts," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 49(5-6), pages 963-1010, May.
    105. Muhammad Sadiq Shahid & Razaz Houssien Felimban & Khawar Naheed & Usman Aleem & Shaiza Nawaz, 2018. "Ownership Structures, Investors Confidence And Financial Decisions In Family Firms: Evidence From Gcc Markets," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 14(1), pages 52-68.
    106. Wu, Manhwa & Ni, Yensen & Huang, Paoyu, 2020. "Dividend payouts and family-controlled firms—The effect of culture on business," The Quarterly Review of Economics and Finance, Elsevier, vol. 75(C), pages 221-228.
    107. Jamasb, Tooraj & Pollitt, Michael, 2008. "Liberalisation and R&D in network industries: The case of the electricity industry," Research Policy, Elsevier, vol. 37(6-7), pages 995-1008, July.
    108. Smith, Deborah Drummond & Pennathur, Anita K. & Marciniak, Marek R., 2017. "Why do CEOs agree to the discipline of dividends?," International Review of Financial Analysis, Elsevier, vol. 52(C), pages 38-48.
    109. Sangapta Damarjati Purba & Tastaftiyan Risfandy & Muizzuddin Muizzuddin & Muh. Rudi Nugroho, 2022. "Foreign institutional investors and dividend policy in Indonesia," Journal of Asset Management, Palgrave Macmillan, vol. 23(3), pages 235-245, May.
    110. Onali, Enrico & Galiakhmetova, Ramilya & Molyneux, Philip & Torluccio, Giuseppe, 2016. "CEO power, government monitoring, and bank dividends," Journal of Financial Intermediation, Elsevier, vol. 27(C), pages 89-117.
    111. Hanousek, Jan & Shamshur, Anastasiya, 2011. "A stubborn persistence: Is the stability of leverage ratios determined by the stability of the economy?," Journal of Corporate Finance, Elsevier, vol. 17(5), pages 1360-1376.
    112. Hussain Haroon & Md-Rus Rohani & Al-Jaifi Hamdan Amer & Hussain Rana Yassir, 2022. "Determinants of Corporate Pay-Out Policy and the Moderating Effects of Firm's Growth: Evidence from Pakistan," Studia Universitatis „Vasile Goldis” Arad – Economics Series, Sciendo, vol. 32(3), pages 65-101, September.
    113. Urszula Mrzyglod & Sabina Nowak & Magdalena Mosionek-Schweda & Jakub M. Kwiatkowski, 2021. "What drives the dividend decisions in BRICS countries?," Oeconomia Copernicana, Institute of Economic Research, vol. 12(3), pages 593-629, September.
    114. Namryoung Lee & Jaehong Lee, 2019. "R & D Intensity and Dividend Policy: Evidence from South Korea’s Biotech Firms," Sustainability, MDPI, vol. 11(18), pages 1-21, September.
    115. Belghitar, Yacine & Clark, Ephraim & Kassimatis, Konstantino, 2011. "The prudential effect of strategic institutional ownership on stock performance," International Review of Financial Analysis, Elsevier, vol. 20(4), pages 191-199, August.
    116. Szilagyi, P.G., 2007. "Corporate governance and the agency costs of debt and outside equity," Other publications TiSEM 9520d40a-224f-43a8-9bf9-b, Tilburg University, School of Economics and Management.
    117. Abdul Moin & Yilmaz Guney & Izidin El Kalak, 2020. "The effects of ownership structure, sub-optimal cash holdings and investment inefficiency on dividend policy: evidence from Indonesia," Review of Quantitative Finance and Accounting, Springer, vol. 55(3), pages 857-900, October.

  31. Michael Böheim & Michael Pfaffermayr & Klaus Gugler, 2000. "Do Growth Rates Differ in European Manufacturing Industries?," Austrian Economic Quarterly, WIFO, vol. 5(2), pages 93-104, May.

    Cited by:

    1. Silvia Dal Bianco, 2010. "Going Clubbing in the Eighties: Convergence in Manufacturing Sectors at a Glance," Quaderni di Dipartimento 135, University of Pavia, Department of Economics and Quantitative Methods.
    2. Silvia Dal Bianco, 2016. "Going clubbing in the eighties: convergence in manufacturing sectors at a glance," Empirical Economics, Springer, vol. 50(2), pages 623-659, March.
    3. Karl Aiginger, 2000. "Specialisation of European Manufacturing," Austrian Economic Quarterly, WIFO, vol. 5(2), pages 81-92, May.

  32. Gerhard Clemenz & Klaus Gugler, 2000. "Macroeconomic Development and Civil Litigation," European Journal of Law and Economics, Springer, vol. 9(3), pages 215-230, May.

    Cited by:

    1. Doménech-Pascual, Gabriel & Martínez-Matute, Marta & Mora-Sanguinetti, Juan S., 2021. "Do fee-shifting rules affect plaintiffs’ win rates? A theoretical and empirical analysis," International Review of Law and Economics, Elsevier, vol. 65(C).
    2. Paolo Buonanno & Matteo M. Galizzi, 2012. "Advocatus, et non Latro? Testing the Supplier-Induced Demand Hypothesis for the Italian Courts of Justice," Carlo Alberto Notebooks 250, Collegio Carlo Alberto.
    3. Ippoliti, Roberto, 2013. "Efficienza Giudiziaria e Mercato Forense," POLIS Working Papers 175, Institute of Public Policy and Public Choice - POLIS.
    4. Buonanno, Paolo & Galizzi, Matteo M., 2014. "Advocatus, et non latro?: testing the excess of litigation in the Italian courts of justice," LSE Research Online Documents on Economics 60800, London School of Economics and Political Science, LSE Library.
    5. Roberto Ippoliti, 2014. "La competitivit? del mercato forense e l?efficienza giudiziaria," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2014(2), pages 53-90.
    6. Mora-Sanguinetti, Juan S. & Garoupa, Nuno, 2015. "Do lawyers induce litigation? Evidence from Spain, 2001–2010," International Review of Law and Economics, Elsevier, vol. 44(C), pages 29-41.
    7. Di Vita, Giuseppe & Di Vita, Fabio & Cafiso, Gianluca, 2019. "The economic impact of legislation and litigation on growth: a historical analysis of Italy from its unification to World War II," Journal of Institutional Economics, Cambridge University Press, vol. 15(1), pages 121-141, February.
    8. Juan S. Mora-Sanguinetti & Nuno Garoupa, 2015. "Litigation in Spain 2001-2010: Exploring the market for legar services," Working Papers 1505, Banco de España.
    9. Virginia Rosales & Dolores Jiménez-Rubio, 2017. "Empirical analysis of civil litigation determinants: The Case of Spain," European Journal of Law and Economics, Springer, vol. 44(2), pages 321-338, October.
    10. Bielen, Samantha & Peeters, Ludo & Marneffe, Wim & Vereeck, Lode, 2018. "Backlogs and litigation rates: Testing congestion equilibrium across European judiciaries," International Review of Law and Economics, Elsevier, vol. 53(C), pages 9-22.
    11. Amanda Carmignani & Silvia Giacomelli, 2010. "Too many lawyers? Litigation in Italian civil courts," Temi di discussione (Economic working papers) 745, Bank of Italy, Economic Research and International Relations Area.

  33. Klaus Gugler, 1998. "Corporate Ownership Structure in Austria," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 25(3), pages 285-307, January.

    Cited by:

    1. Ali Osman Gurbuz & Asli Aybars, 2010. "The Impact of Foreign Ownership on Firm Performance, Evidence from an Emerging Market: Turkey," American Journal of Economics and Business Administration, Science Publications, vol. 2(4), pages 350-359, November.
    2. Tyrowicz, Joanna, 2007. "Blame No One? Investment Decisions of the Polish Stock-listed Companies," MPRA Paper 15199, University Library of Munich, Germany.
    3. Thomsen, Steen & Pedersen, Torben & Kvist, Hans Kurt, 2006. "Blockholder ownership: Effects on firm value in market and control based governance systems," Journal of Corporate Finance, Elsevier, vol. 12(2), pages 246-269, January.
    4. Adeyanju Adebiyi Sunday & Farai Kwenda, 2021. "Corporate Ownership Structure and Firm Value: Empirical Evidence of JSE-Listed Firms, South Africa," Eurasian Journal of Economics and Finance, Eurasian Publications, vol. 9(2), pages 89-106.
    5. Christian Bellak, 2004. "How Domestic and Foreign Firms Differ and Why Does it Matter?," Journal of Economic Surveys, Wiley Blackwell, vol. 18(4), pages 483-514, September.
    6. B. Yurtoglu, 2000. "Ownership, Control and Performance of Turkish Listed Firms," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 27(2), pages 193-222, June.
    7. Gugler, Klaus, 2003. "Corporate governance, dividend payout policy, and the interrelation between dividends, R&D, and capital investment," Journal of Banking & Finance, Elsevier, vol. 27(7), pages 1297-1321, July.
    8. Ansgar Belke & Friedrich Schneider, 2004. "Privatization in Austria: Some Theoretical Reasons and First Results About the Privatization Proceeds," CESifo Working Paper Series 1123, CESifo.
    9. Michael Pfaffermayr & Christian Bellak, 2002. "Why Foreign-owned Firms are Different: A Conceptual Framework and Empirical Evidence for Austria," Palgrave Macmillan Books, in: Rolf Jungnickel (ed.), Foreign-owned Firms, chapter 2, pages 13-57, Palgrave Macmillan.
    10. Themistokles Lazarides, 2010. "Corporate governance law effect in Greece," Journal of Financial Regulation and Compliance, Emerald Group Publishing Limited, vol. 18(4), pages 370-385, November.
    11. Friedrich Schneider & Ansgar Belke, 2004. "Privatization in Austria: Some theoretical reasons and performance measures," Economics working papers 2004-04, Department of Economics, Johannes Kepler University Linz, Austria.

Chapters

  1. Klaus Gugler & B. Burcin Yurtoglu, 2008. "The Economics of Corporate Governance and Mergers," Chapters, in: Klaus Gugler & B. Burcin Yurtoglu (ed.), The Economics of Corporate Governance and Mergers, chapter 1, Edward Elgar Publishing.

    Cited by:

    1. Lina M. Cortés & John J. García & David Agudelo, 2015. "Effects of Mergers and Acquisitions on Shareholder Wealth: Event Study for Latin American Airlines," Documentos de Trabajo de Valor Público 12453, Universidad EAFIT.

Books

  1. Klaus Gugler & B. Burcin Yurtoglu (ed.), 2008. "The Economics of Corporate Governance and Mergers," Books, Edward Elgar Publishing, number 13007.

    Cited by:

    1. Olga Pogrebennyk, 2014. "Code or court: the financial-political aspect of correlation between common and civil law," European Journal of Law and Economics, Springer, vol. 37(2), pages 175-181, April.
    2. Simon Deakin & Prabirjit Sarkar & Mathias Siems, 2017. "Is There a Relationship between Shareholder Protection and Stock Market Development?," Working Papers wp492, Centre for Business Research, University of Cambridge.
    3. John García & Francesc Trillas, 2011. "Control corporativo y riqueza de los accionistas en el sector eléctrico europeo (2000-2007)," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 13(25), pages 297-319, July-Dece.
    4. Ye Bai & Christopher Green, 2011. "Determinants of cross-sectional stock return variations in emerging markets," Empirical Economics, Springer, vol. 41(1), pages 81-102, August.
    5. Fumio Teramae & Tomohiro Makino & Yeongjoo Lim & Shintaro Sengoku & Kota Kodama, 2020. "Impact of Research and Development Strategy on Sustainable Growth in Multinational Pharmaceutical Companies," Sustainability, MDPI, vol. 12(13), pages 1-15, July.
    6. Prabirjit Sarkar & Ajit Singh, 2010. "Law, finance and development: further analyses of longitudinal data," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 34(2), pages 325-346, March.
    7. Armour, John & Deakin, Simon & Sarkar, Prabirjit & Siems, Mathias & Singh, Ajit, 2007. "Shareholder protection and stockmarket development: an empirical test of the legal origins hypothesis," MPRA Paper 39055, University Library of Munich, Germany.
    8. Armour, J. & Deakin, S. & Mollica, V. & Siems, M.M., 2010. "Law and Financial Development: What we are learning from time-series evidence," Working Papers wp399, Centre for Business Research, University of Cambridge.
    9. Deakin, Simon & Sarkar, Prabirjit & Singh, Ajit, 2010. "An End to Consensus? The (Non) Impact of Legal Reforms on Financial Development," MPRA Paper 53352, University Library of Munich, Germany.
    10. Crafts, Nicholas & O’Rourke, Kevin Hjortshøj, 2014. "Twentieth Century Growth*This research has received funding from the European Research Council under the European Union’s Seventh Framework Programme (FP7/2007-2013) / ERC grant agreement no. 249546.," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 2, chapter 6, pages 263-346, Elsevier.
    11. Themistokles Lazarides, 2011. "Corporate governance legal and regulatory framework's effectiveness in Greece," Journal of Financial Regulation and Compliance, Emerald Group Publishing Limited, vol. 19(3), pages 244-253, July.
    12. Deakin, Simon & Sarkar, Prabirjit & Singh, Ajit, 2011. "An end to consensus? the selective impact of corporate law reform on financial development," MPRA Paper 39047, University Library of Munich, Germany.
    13. Crafts, Nicholas, 2017. "The Postwar British Productivity Failure," Economic Research Papers 269090, University of Warwick - Department of Economics.
    14. Darren Filson & Saman Olfati & Fatos Radoniqi, 2015. "Evaluating Mergers in the Presence of Dynamic Competition Using Impacts on Rivals," Journal of Law and Economics, University of Chicago Press, vol. 58(4).
    15. Nancy Gallini, 2017. "Do patents work? Thickets, trolls and antibiotic resistance," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 50(4), pages 893-926, November.
    16. Marius Cristian Milos & Laura Raisa Milos, 2019. "Investor protection and stock market development. Empirical approach on the European Union case," Juridical Tribune - Review of Comparative and International Law, Bucharest Academy of Economic Studies, vol. 9(1), pages 113-125, March.
    17. Crafts, Nicholas, 2012. "British relative economic decline revisited: The role of competition," Explorations in Economic History, Elsevier, vol. 49(1), pages 17-29.
    18. Crafts, Nicholas, 2011. "British Relative Economic Decline Revisited," CAGE Online Working Paper Series 42, Competitive Advantage in the Global Economy (CAGE).
    19. Morales, Rosa & Radoniqi, Fatos, 2017. "Intangibles and the Market Value of Biopharmaceutical Startups," MPRA Paper 88580, University Library of Munich, Germany.
    20. Vancea Mariana, 2013. "Mergers And Acquisitions Waves From The European Union Perspective," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 272-283, December.
    21. Harilaos Mertzanis, 2011. "The effectiveness of corporate governance policy in Greece," Journal of Financial Regulation and Compliance, Emerald Group Publishing Limited, vol. 19(3), pages 222-243, July.
    22. Tannista Banerjee & Arnab Nayak, 2015. "Comparing Domestic and Cross-Border Mergers and Acquisitions in the Pharmaceutical Industry," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 43(4), pages 489-499, December.
    23. John Armour & Simon Deakin & Priya Lele & Mathias Siems, 2009. "How Do Legal Rules Evolve? Evidence from a cross-country Comparison of Shareholder, Creditor and Worker Protection," Working Papers wp382, Centre for Business Research, University of Cambridge.
    24. Manfred Neumann, 2011. "Comment on ‘Competition Tests with a Non‐Structural Model: The Panzar–Rosse Method Applied to Germany's Savings Banks’," German Economic Review, Verein für Socialpolitik, vol. 12(2), pages 239-241, May.
    25. Lina M. Cortés & John J. García & David Agudelo, 2015. "Effects of Mergers and Acquisitions on Shareholder Wealth: Event Study for Latin American Airlines," Documentos de Trabajo de Valor Público 12453, Universidad EAFIT.

  2. Gugler, Klaus (ed.), 2001. "Corporate Governance and Economic Performance," OUP Catalogue, Oxford University Press, number 9780199245703.

    Cited by:

    1. Chilosi, Alberto & Damiani, Mirella, 2007. "Stakeholders vs. shareholders in corporate governance," MPRA Paper 2334, University Library of Munich, Germany.
    2. Sergio Destefanis & Vania Sena, 2004. "Patterns Of Corporate Governance And Technical Efficiency In Italian Manufacturing," Finance 0405026, University Library of Munich, Germany.
    3. Goergen, M. & Manjon, M.C. & Renneboog, L.D.R., 2004. "Recent Developments in German Corporate Governance," Discussion Paper 2004-014, Tilburg University, Tilburg Law and Economic Center.
    4. Marek Gruszczynski, 2005. "Corporate governance and financial performance of companies in Poland," Working Papers 19, Department of Applied Econometrics, Warsaw School of Economics.
    5. Mansur Lubabah Kwambo & Ahmad Bawa Abdul-Qadir, 2013. "Dispersed Equity Holding and Financial Performance of Banks in Nigeria," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 3(1), pages 238-247, January.
    6. Bjuggren, Per-Olof & Eklund, Johan & Wiberg, Daniel, 2008. "Institutional Ownership and the Returns on Investment," Ratio Working Papers 128, The Ratio Institute.
    7. Alessandro Zattoni & Francesca Cuomo, 2008. "Why Adopt Codes of Good Governance? A Comparison of Institutional and Efficiency Perspectives," Corporate Governance: An International Review, Wiley Blackwell, vol. 16(1), pages 1-15, January.
    8. Hanousek, Jan & Kočenda, Evžen & Shamshur, Anastasiya, 2015. "Corporate efficiency in Europe," Journal of Corporate Finance, Elsevier, vol. 32(C), pages 24-40.
    9. Marco Becht & Patrick Bolton & Ailsa Roell, 2003. "Corporate governance and control," ULB Institutional Repository 2013/13330, ULB -- Universite Libre de Bruxelles.
    10. Dherment-Ferere, Isabelle & Köke, Jens & Renneboog, Luc, 2001. "Corporate monitoring by blockholders in Europe: empirical evidence of managerial disciplining in Belgium, France, Germany, and the UK," ZEW Discussion Papers 01-24, ZEW - Leibniz Centre for European Economic Research.
    11. Ozlem I. Koc, 2014. "A Research On Relationship Between Corporate Governance Ratings Of Banks Listed In Istanbul Stock Exchange (Bist) Corporate Governance Index And Some Of Their Characteristics," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 8(1), pages 183-199.
    12. Forcillo, Donato, 2017. "Codetermination: the Necessary Presence of Workers on the Board. A Mathematical Model," MPRA Paper 81935, University Library of Munich, Germany.
    13. Bertrand, Marianne & Johnson, Simon & Samphantharak, Krislert & Schoar, Antoinette, 2008. "Mixing family with business: A study of Thai business groups and the families behind them," Journal of Financial Economics, Elsevier, vol. 88(3), pages 466-498, June.
    14. Sanghoon Lee, 2008. "Ownership Structure and Financial Performance: Evidence from Panel Data of South Korea," Working Paper Series, Department of Economics, University of Utah 2008_17, University of Utah, Department of Economics.
    15. Irina Ivashkovskaya & Anastasia Stepanova, 2011. "Does strategic corporate performance depend on corporate financial architecture? Empirical study of European, Russian and other emerging market’s firms," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 15(4), pages 603-616, November.
    16. Angenandt, P.P. & Goergen, M. & Renneboog, L.D.R., 2005. "Shareholder Lock-In Contracts : Share Price and Trading Volume Effects at the Lock-In Expiry," Other publications TiSEM 2ab886e5-43c3-4bed-98fe-3, Tilburg University, School of Economics and Management.
    17. Thomsen, Steen & Pedersen, Torben & Kvist, Hans Kurt, 2006. "Blockholder ownership: Effects on firm value in market and control based governance systems," Journal of Corporate Finance, Elsevier, vol. 12(2), pages 246-269, January.
    18. Filippo Belloc & Eleonora laurenza & Maria Alessandra Rossi, 2015. "Corporate Governance Effects on Innovation when both Agency Costs and Asset Specificity Matter," Department of Economics University of Siena 718, Department of Economics, University of Siena.
    19. M. Diaz & Rosario Sanchez, 2008. "Firm size and productivity in Spain: a stochastic frontier analysis," Small Business Economics, Springer, vol. 30(3), pages 315-323, March.
    20. Robert S. Chirinko & Hans van Ees & Harry Garretsen & Elmer Sterken, 2003. "Investor Protections and Concentrated Ownership: Assessing Corporate Control Mechanisms in the Netherlands," CESifo Working Paper Series 864, CESifo.
    21. Damiani, Mirella & Pompei, Fabrizio, 2008. "Mergers, acquisitions and technological regimes: the European experience over the period 2002- 2005," MPRA Paper 8226, University Library of Munich, Germany.
    22. Simona FRANZONI, 2010. "International comparison of the remuneration system disclosure," EuroEconomica, Danubius University of Galati, issue 25, pages 35-44, October.
    23. John Parkinson, 2003. "Models of the Company and the Employment Relationship," British Journal of Industrial Relations, London School of Economics, vol. 41(3), pages 481-509, September.
    24. Surenderrao Komera & P. J. Jijo Lukose & Subash Sasidharan, 2018. "Does business group affiliation encourage R&D activities? Evidence from India," Asia Pacific Journal of Management, Springer, vol. 35(4), pages 887-917, December.
    25. de Jong, Abe & DeJong, Douglas V. & Mertens, Gerard & Wasley, Charles E., 2005. "The role of self-regulation in corporate governance: evidence and implications from The Netherlands," Journal of Corporate Finance, Elsevier, vol. 11(3), pages 473-503, June.
    26. Ødegaard, Bernt Arne, 2009. "The diversification cost of large, concentrated equity stakes. How big is it? Is it justified?," UiS Working Papers in Economics and Finance 2009/22, University of Stavanger.
    27. Audretsch, David B. & Lehmann, Erik E., 2013. "Corporate governance in newly listed companies," UO Working Papers 03-13, University of Augsburg, Chair of Management and Organization.
    28. Möbert, Jochen & Tydecks, Patrick, 2007. "Power and Ownership Structures among German Companies. A Network Analysis of Financial Linkages," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 35974, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    29. Yoser Gadhoum, 2006. "Power of Ultimate Controlling Owners: A Survey of Canadian Landscape," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 10(2), pages 179-204, May.
    30. Panayotis Kapopoulos & Sophia Lazaretou, 2009. "Does corporate ownership structure matter for economic growth? A cross-country analysis," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 30(3), pages 155-172.
    31. Chilosi, Alberto, 2010. "Stakeholder protection in corporate governance and in the legal system, the founders’ perspective, and the varieties of capitalism," MPRA Paper 25514, University Library of Munich, Germany.
    32. Moebert, Jochen & Tydecks, Patrick, 2007. "Power and Ownership Structures among German Companies. A Network Analysis of Financial Linkages," Darmstadt Discussion Papers in Economics 179, Darmstadt University of Technology, Department of Law and Economics.
    33. Schnyder, G., 2010. "Varieties of Insider Corporate Governance: Centre-Right Preferences and the Determinants of Reform in the Netherlands, Sweden and Switzerland," Working Papers wp406, Centre for Business Research, University of Cambridge.
    34. Gugler, Klaus & Yurtoglu, B. Burcin, 2003. "Corporate governance and dividend pay-out policy in Germany," European Economic Review, Elsevier, vol. 47(4), pages 731-758, August.
    35. Deutsch, Klaus Günter, 2002. "Corporate Governance in Deutschland – Perspektiven der Wissenschaft. Ein Konferenzbericht," Research Notes 02-3, Deutsche Bank Research.
    36. Grazell, J., 2006. "Institutions, corporate governance and firm performance," Other publications TiSEM 242f85de-ce23-437f-9118-7, Tilburg University, School of Economics and Management.
    37. Belloc, Filippo, 2010. "Corporate governance and innovation: an organizational perspective," MPRA Paper 21495, University Library of Munich, Germany.
    38. Klaus Gugler & Dennis C. Mueller & B. Burcin Yurtoglu, 2001. "Corporate Governance, Capital MarketDiscipline and the Returns on Investment," CIG Working Papers FS IV 01-25, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    39. Lehmann, Erik, 2018. "Corporate governance," UO Working Papers 01-18, University of Augsburg, Chair of Management and Organization.
    40. Harilaos Mertzanis, 2011. "The effectiveness of corporate governance policy in Greece," Journal of Financial Regulation and Compliance, Emerald Group Publishing Limited, vol. 19(3), pages 222-243, July.
    41. Yener Altunbaş & Alper Kara & Adrian van Rixtel, 2007. "Corporate governance and corporate ownership: The investment behaviour of Japanese institutional investors," Occasional Papers 0703, Banco de España.
    42. Klaus Gugler, 2003. "Corporate governance and investment," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 10(3), pages 261-289.
    43. Miguel Manjon, 2007. "Does the proxy for shareholders' control make a difference in firm-performance regressions? Evidence from a blockholder system of corporate governance," Applied Economics Letters, Taylor & Francis Journals, vol. 14(6), pages 445-449.
    44. Gugler, Klaus & Mueller, Dennis C & Yurtoglu, B Burcin, 2004. "Corporate Governance and the Returns on Investment," Journal of Law and Economics, University of Chicago Press, vol. 47(2), pages 589-633, October.
    45. M. Isabel Sánchez-Hernández & Emerson W. Mainardes, 2016. "University social responsibility: a student base analysis in Brazil," International Review on Public and Nonprofit Marketing, Springer;International Association of Public and Non-Profit Marketing, vol. 13(2), pages 151-169, July.
    46. Torben Pedersen & Steen Thomsen, 2003. "Ownership Structure and Value of the Largest European Firms: The Importance of Owner Identity," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 7(1), pages 27-55, March.
    47. Forcillo, Donato, 2017. "Codetermination: the Presence of Workers on the Board. A Depth Analysis," MPRA Paper 81936, University Library of Munich, Germany.
    48. Roszaini Haniffa & Mohammad Hudaib, 2006. "Corporate Governance Structure and Performance of Malaysian Listed Companies," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 33(7‐8), pages 1034-1062, September.
    49. Bennedsen, Morten & Meisner, Kasper, Nielsen, 2006. "The Principle of Proportionality," Working Papers 22-2005, Copenhagen Business School, Department of Economics.
    50. Chi‐Kun Ho, 2005. "Corporate Governance and Corporate Competitiveness: an international analysis," Corporate Governance: An International Review, Wiley Blackwell, vol. 13(2), pages 211-253, March.
    51. Deutsch, Klaus Günter & Stichnoth, Holger, 2002. "Corporate Governance in Germany – Perspectives from Economics and Finance. A Conference Report," Research Notes 02-3e, Deutsche Bank Research.
    52. Claudiu BOCEAN & Catalin M. BARBU, 2007. "Corporate Governance And Firm Performance," Management and Marketing Journal, University of Craiova, Faculty of Economics and Business Administration, vol. 5(1), pages 125-131, November.

IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.