5,286 research outputs found

    How Dominant Owner Opportunism Influences Divestiture Returns Across Different National Governance Systems

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    This paper examines how dominant ownership affects abnormal returns around divestitures in the Western European Countries (Austria, Belgium, Finland, France, Germany, Ireland, Italy, Norway, Portugal, Spain, Sweden, Switzerland, and the U.K.). We hypothesize that in countries where minority shareholder protection is weaker, divestitures are more likely to be attempts by dominant shareholders to expropriate rents from minority shareholders. The emphasis on the agency relationship between dominant and minority shareholders complements a growing stream of literature recognizing that closely-held firms dominate the landscape in many countries. A unique dataset of 265 divestitures across thirteen countries is used to test the hypotheses. The evidence suggests that the effects of dominant ownership differ markedly across contexts with different minority shareholder rights protection

    Variations on the Author

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    “Variations on the Author” discusses two of Eduardo Coutinho’s recent films (Um Dia na Vida, from 2010, and Últimas Conversas, posthumously released in 2015) and their contribution to the general question of documentary authorship. The director’s filmography is characterized by a consistent yet self-effacing form of authorial self-inscription: Coutinho often features as an interviewer that rather than express opinions propels discourses; an interviewer that is good at listening. This mode of self-inscription characterizes him as an author who is not expressive but who is nonetheless markedly present on the screen. In Um Dia na Vida, however, Coutinho is completely absent form the image, while Últimas Conversas, on the contrary, includes a confessional prologue that moves the director from the margins to the center of his films. This article examines the ways in which these works stand out in the filmography of a director who offers new insights into the notion of cinematic authorship

    Selection Effects in Entrepreneurship

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    My work is positioned within an emerging trend in entrepreneurial research which revises prior work by considering the impact of selection effects. Prior research on the individual-level determinants of start-up size, performance, and exit has ignored that individuals select into entrepreneurship and this might seriously bias our understanding of the post-entry process. I'm particularly well positioned to investigate the nature, the extent, and the consequences of these selection effects because I could access extraordinary data on the Swedish population, which allows me to incorporate information on individuals who were at risk but did not enter entrepreneurship. Yet, the overall contribution of my dissertation goes beyond flagging a selection problem and developing a method to cope with it. It comes up with reexamining and even questioning some of the most prominent theoretical explanations to fundamental issues in entrepreneurship, such as the notion of initial size, the liability of smallness, and the interplay between entrepreneurial performance and firm exit.My work is positioned within an emerging trend in entrepreneurial research which revises prior work by considering the impact of selection effects. Prior research on the individual-level determinants of start-up size, performance, and exit has ignored that individuals select into entrepreneurship and this might seriously bias our understanding of the post-entry process. I'm particularly well positioned to investigate the nature, the extent, and the consequences of these selection effects because I could access extraordinary data on the Swedish population, which allows me to incorporate information on individuals who were at risk but did not enter entrepreneurship. Yet, the overall contribution of my dissertation goes beyond flagging a selection problem and developing a method to cope with it. It comes up with reexamining and even questioning some of the most prominent theoretical explanations to fundamental issues in entrepreneurship, such as the notion of initial size, the liability of smallness, and the interplay between entrepreneurial performance and firm exit.LUISS PhD Thesi

    Divestitures as Retrenchment Strategies: a Corporate Governance Perspective

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    How Is Divestiture Mode Choice Related To Value Creation? A Review and Research Agenda. Overlapping Directors and Underpricing of Divested Firms. Value Creation Through Equity Carve Outs: Board Composition Insights.How Is Divestiture Mode Choice Related To Value Creation? A Review and Research Agenda. Overlapping Directors and Underpricing of Divested Firms. Value Creation Through Equity Carve Outs: Board Composition Insights.LUISS PhD Thesi

    Venture capital increases a startup’s chances of issuing stocks or finding a buyer

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    In contrast, angel investors spur innovation, but not commercialisation, write Supradeep Dutta and Timothy B. Folt

    Money piece by Timothy P. Agnew, chief executive officer of the Finance Author

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    Money piece by Timothy P. Agnew, chief executive officer of the Finance Authority of Maine, about the increased availability of credit for Maine\u27s small businesses

    Timothy Meyer serves as a contributing author for UN report

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    Assistant Professor Timothy Meyer served as a contributing author for the United Nations Industrial Development Organization\u27s report titled Networks for Prosperity: Connecting Development Knowledge Beyond 2015. The document, which was released during November, analyzes the nexus between the global connectedness of a country and its economic success, sustainability and government effectiveness. Meyer was one of only approximately 20 academic and practical experts from around the world selected to serve as a contributor after a global call for proposals. Learn more View the full repor

    Selected Contributions of Sister Mary Berenice Beck, O.S.F. to Nursing in the United States, 1923-1956

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    by Sister M. Timothy Costello.Typescript.Thesis (M.S.N.)--Catholic University of America.Bibliography: leaves 44-47.Also available in microfilm
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