Search results for "OWNERS"
showing 10 items of 121 documents
Risk Taking by Banks in the Transition Countries
2007
The banking sectors of the transition countries have progressed remarkably in the last 15 years. In fact, banking in most transition countries has largely shaken off the traumas of the transition era. At the start of the 21st century banks in these countries look very much like banks elsewhere. That is, they are by no means problem free but they are struggling with the same issues as banks in other emerging market countries. There have been a surprisingly large number of studies that have told us about the performance of these banks but we know very little about their risk taking behaviour and how the banking environment influences it.
Assessing the dynamic eco-efficiency of Italian municipalities by accounting for the ownership of the entrusted waste utilities
2021
Abstract This study evaluates and compares the dynamic eco-efficiency of municipalities with publicly owned, privately owned, and mixed ownership solid waste utilities by estimating the Meta-frontier Malmquist-Luenberger productivity index for a sample of 68 major Italian towns. On average, the eco-productivity of Italian waste service providers increased by 8% from 2016 to 2019. Although municipalities with private utilities improved their eco-productivity most, the differences among the three clusters reflecting utility ownership are not statistically significant. The results show that publicly owned waste operators drive technology and that the technological levels of private utilities h…
Is the price of water for residential use related to provider ownership? Empirical evidence from Spain
2013
Abstract This paper assesses the relationship between provider ownership and the price of water for residential use set by 386 Southern Spanish municipalities. Our main contribution to the previous literature is that we go much further than merely distinguishing between private and public ownership. First, we find that prices are lower when the urban water service is directly provided by town councils. Second, when water services are contracted out to external companies, the prices set by public utilities are higher than the prices of private utilities due to larger fixed quotas. Finally, water prices are also higher when the provision of the service has been privatised to an institutionali…
Corporate governance and its implications for sustainability reporting quality in Latin American business groups
2020
Abstract This paper aims to study the factors determining the quality of sustainability reporting in Latin American business groups. Applying a logistic regression model, this study is pioneer in establishing how some distinct corporate variables of business groups influence disclosure quality of Corporate Social Responsibility practices in these groups in emerging economies. The results show that control concentration in the groups negatively affects the quality of sustainability reporting. Variables such as foreign ownership, the age of the business group and board size help business groups to improve the quality of their sustainability and voluntary disclosure practices. These results fo…
On the Internationalization of Corporate Boards
2013
Despite the global reach of their commercial activities, many multinational firms have proved slow in internationalizing their boards of directors. Based on a panel study of the internationalization of the boards of 347 non-financial firms from the Nordic countries, we find a higher fraction of international board membership in firms with more foreign sales, in firms with more foreign ownership and in firms whose shares are traded on foreign (mostly European) stock exchanges. Moreover, we find international directors and national directors with international experience complementary. The first-mentioned group is found to serve a monitoring role, related to financial internationalization of …
Productivity, Ownership and National Chains: Evidence from the British Retail Sector
2009
Abstract This paper investigates factors explaining firms' productivity differences in the British retail sector. In particular, using simultaneous quantile regressions, it aims to uncover performance gaps stemming from foreign ownership and multinationality, as well as national scale economies. The findings suggest that foreign ownership weakly explains differences in performance across retailers. Only when firms in the upper quantiles of the TFP distribution are compared, the role of foreign ownership gains statistical significance, although with exceptions. In addition, firms able to expand their infrastructure across Great Britain possess a productivity advantage over more local retaile…
¿Cómo deciden les jóvenes la transición a la educación postobligatoria? Diferencias entre centros públicos y privados-concertados
2017
Background of INCASI Project H2020-MSCA-RISE-2015 GA 691004. WP1: Compilation El objetivo del presente artículo es examinar el papel que juega la titularidad del centro en el que se cursa la educación secundaria obligatoria (ESO) en la decisión de transitar a la educación postobligatoria. En dicha encrucijada se contemplan también otras variables que se han constatado de gran peso en la toma de decisión como son las notas previas obtenidas, el nivel formativo familiar, el sexo, las expectativas y las aspiraciones, partiendo del modelo decisional de transiciones educativas[1] que contempla el modelo de Boudon sobre los efectos primarios y secundarios. Los resultados obtenidos son los derivad…
COMMUTING PATTERNS IN RIGA AGGLOMERATION: EVIDENCE FROM A SURVEY ANALYSIS OF YOUTH
2021
In the last ten years the evident changes of settlement patterns through suburban growth near to capital city of Latvia occurred. Increase of distance between home and routine activity places as well as changes of public transport and rapid increase of car ownership initiated significant changes in commuting patterns of inhabitants living outside of Riga. Although the commuting from suburban area to Riga is recently broadly studied, however these researches focused primarily on able-bodied population leaving behind school-age children and young people. The aim of this study is to analyse commuting patterns of young people aged 12 to 17 moving from outskirts of Riga to school located in Riga…
OS ECJ-TF 2/2019 on the ECJ Decisions of 26 February 2019 in N Luxembourg I et al. (Joined Cases C-115/16, C-118/16, C-119/16 and C-299/16) and T Dan…
2019
This article deals with the decision taken by the Court of Justice of the European Union in of 26 February 2019 in N Luxembourg I et al. (Joined Cases C-115/16, C-118/16, C-119/16 and C-299/16) and T Danmark et al. (Joined Cases C-116/16 and C-117/17). The authors acknowledge that the "Danish beneficial ownership cases" address a number of important and timely issues, especially with regard to the concept of abuse under EU law. These include: (i) the expansion of the general anti-abuse principle enshrined in EU law to areas of tax law that are subject to minimal harmonization; (ii) the use of OECD materials to define the beneficial ownership concept; (iii) the conflation of the beneficial o…
Coincidencias y disparidades entre los propietarios. El regadío valenciano del siglo XIX
2003
Recent developments in socio-economic research have centred on the key periods of the Liberal Revolution and state building in Spain, focusing on the analysis of specific landowners. This article discusses the theoretical issues raised by this type of analysis. The authors argue the importance of this method in view of the inadequacy of structure-based analysis of class, experience, interest and action Instead, attention should be paid not only to the simple fact of landowners hip, but to a series of simultaneous and opposite circumstances in terms of income, seigneurial rights and privileges, political traditions and abilities, and relations between landlords and tenants. The main elements…