Search results for "COMPANY"

Inovacijos ir bendrovės vertė: Baltijos šalių patirtis

2021

Inovacijos yra konkurencingumo pagrindas. Kartu pagrindinis vadovo uždavinys yra savininkų turto maksimizavimas, todėl svarbu tyrinėti inovacijų ir bendrovės vertės santykį. Šio tyrimo tikslas – ištirti inovacijų poveikį organizacijos vertei. Tiriamos Baltijos šalių bendrovės, veikusios 2005–2011 metų laikotarpiu. Tyrimas parodė, kad inovatyvių bendrovių vertė yra didesnė, didesnės ir jos pačios. Nustatyta, kad didesnė bendrovės vertė pasiekiama, jei nematerialių išteklių dalis viršija 1 %. Taikant koreliaciją ir regresinę analizę, nustatyta, kad inovacijos yra svarbi organizacijos vertės determinantė, organizacijos dydis yra silpnesnis veiksnys, o augimas – pats silpniausias veiksnys. Stra…

A Synthetic View of Different Concepts of Creditor Protection - Or a High-Level Framework for Corporate Creditor Protection

2006

Protection of corporate creditors has become an important topic within the European Union. At EU level, discussion has been sparked by widespread dissatisfaction with some very rigid and cumbersome provisions, and even with the whole concept of the Second Company Law Directive. At EU Member State level, three landmark decisions by the European Court of Justice — Centros, Uberseering, and Inspire Art — opened the way for an all-out competition between the different company forms provided for by national company laws. At both levels, albeit for different reasons, British company law — and in particular the absence of any legal capital in the private limited company — acts as the main driving …

¿Está relacionada la eficiencia en el servicio urbano de agua con la titularidad del gestor?

2015

El presente estudio tiene como objetivo realizar una revisión de la literatura acerca de qué forma de titularidad de los servicios de agua urbana, pública o privada, se muestra superior en términos de eficiencia. Con el fi n de arrojar luz sobre esta cuestión hemos realizado, en primer lugar, un análisis de la situación de la industria a nivel internacional. A continuación se ofrece una exposición de los principales argumentos a favor y en contra de la privatización para finalizar con el examen de la evidencia empírica al respecto. La revisión efectuada no nos permite concluir que alguna de las formas de gestión se muestre indiscutiblemente superior en términos de eficiencia. Sin embargo, e…

"La incógnita Llanos". Recuperando el arte de Hernando de Llanos a través de su Virgen con el niño y dos ángeles de la Colección Laia Bosch

2011

Productivity analysis of Latvian companies using ORBIS database

2021

International audience; This research study uses ORBIS microdata at the company level to analyse productivity of 167 thousand economically active Latvian companies over 2011-2018. The aim of the study is twofold-to find factors consistently associated with productivity at the company level; and to recommend possible criteria for companies to receive a state support (from the view of enhancing aggregate productivity in the long term). Our research results show that productivity of Latvian companies is positively related to their size, age, as well as location closer to Riga and other big cities. However, there is a substantial within-group variation in productivity between companies. Multiva…

ERP Systems in Multinational Enterprises: A literature Review of Post-implementation Challenges

2018

Abstract This paper reports on a literature review focusing on challenges during post-implementation of enterprise resource planning (ERP) systems in a multinational context. Through an extensive literature search across multiple databases, we identified 20 articles which address issues in this context. Global demands prove to be a key challenge and source of conflict between parent and subsidiary companies: frequently, parent companies seek control through standardized solutions, while local subsidiaries aim to sustain local processes and routines. The primary focus is to shed light on these contradictive objectives unfolding in this context and identify research areas that need more atten…

Companies and Company Law in England, 16th to 19th Centuries: Legal Personality, Limited Liability and Pink Unicorns

2020

the contribution explores the early developments of company law in England, from the Sixteenth century onwards, focusing especially on the emergence of the concepts of legal personality and limited liability

The macroeconomic effects of public investment: Evidence from advanced economies

2015

This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that increased public investment raises output, both in the short term and in the long term, crowds in private investment, and reduces unemployment. Several factors shape the macroeconomic effects of public investment. When there is economic slack and monetary accommodation, demand effects are stronger, and the public-debt-to-GDP ratio may actually decline. Public investment is also more effective in boosting ou…

Do market regulations reduce investment? Evidence from European regions

2016

ABSTRACTDo market regulations reduce investment? Evidence from European regions. Regional Studies. This paper investigates the impact of market imperfections on non-farm business sector investment in European regions for 1995–2007, using dynamic panel and generalized method of moments (GMM) methods for estimating a Euler equation. The results show that barriers to entrepreneurship and to trade and investment decrease the productivity of capital, which has negative effects on European regions’ investment. Corruption leads to increased operational costs, creates uncertainty and thereby deters investment. Greater labour market regulation also means higher labour costs. Hiring and firing regula…

¿Quién paga, quién gana? El caso de la venta del BdV

2016

ResumenEl proceso de venta del Banco de Valencia gestionado por el FROB duró 10 días. La venta se adjudicó a CaixaBank por un euro después de recibir 5.500 millones de fondos públicos. El informe de Oliver Wyman de 2012 motivó dicha reanudación. En él se estimaban unas necesidades de 1.846 millones en el escenario base, escenario que ha sido peor que el real.Este trabajo analiza el valor del BdV. Los resultados indican que el valor mínimo del BdV para CaixaBank es de más de 4.000 millones de euros. Sin embargo, no se ha podido determinar el porqué de esta diferencia. Diferencia reconocida en las cuentas de CaixaBank. Sin embargo, el precio pagado, un euro, después de un sacrificio muy impor…