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High - cost firms may use their voting power to restrict the output of firms with lower costs , as the following example makes clear . = Suppose the industry consists of three firms with the same capacity ( q1 = 92 93 5 ) but different ...
High - cost firms may use their voting power to restrict the output of firms with lower costs , as the following example makes clear . = Suppose the industry consists of three firms with the same capacity ( q1 = 92 93 5 ) but different ...
Página 500
We estimate various specifications of equation ( 1 ) by using an important new eight - year panel containing 109 firms over the 1973-1980 ( accounting year ) period . All observations are for large unionized manufacturing firms in Japan ...
We estimate various specifications of equation ( 1 ) by using an important new eight - year panel containing 109 firms over the 1973-1980 ( accounting year ) period . All observations are for large unionized manufacturing firms in Japan ...
Página 500
TABLE 10 - COMPARISON OF 1985 ACCOUNTING VALUES FOR FIRMS THAT WOULD EVENTUALLY UNDERTAKE AN LBO AND FIRMS THAT WOULD NOT EVENTUALLY UNDERTAKE AN LBO LBO firm 0.0363 0.0040 0.8316 0.1461 0.3703 0.2375 1 on the Stock - Market Valuation ...
TABLE 10 - COMPARISON OF 1985 ACCOUNTING VALUES FOR FIRMS THAT WOULD EVENTUALLY UNDERTAKE AN LBO AND FIRMS THAT WOULD NOT EVENTUALLY UNDERTAKE AN LBO LBO firm 0.0363 0.0040 0.8316 0.1461 0.3703 0.2375 1 on the Stock - Market Valuation ...
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Evidence? | 17 |
The Effect of Institutions on Economic Behavior | 409 |
Theory of Contracts | 432 |
Direitos de autor | |
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aggregate analysis assume average bank behavior benefits capital central changes choice coefficient condition consumption contract correlation cost countries decision demand depends discussion Economic effect employment equal equation equilibrium estimates evidence example expected firms function given growth higher households important income increase individual industry inflation interest International issue Journal labor less lower marginal mean measure ment monetary Notes observations output percent period player political population positive possible preferences Press probability problem question ratio reduce regression relative reported Research response Review risk rules sample schooling sector shocks significant social spending standard statistically studies suggests Table theory tion trade transfer United University utility variables wage welfare workers