Product-market competition
Bankruptcy and Product Market Competition: Evidence from the Airline Industry
... This article contributes to the sparse empirical literature on product market com- petition and bankruptcy. Borenstein and Rose (1995, 2003) also study the relation- ship between bankruptcy …lings and ...
52
Product market competition, corporate governance and innovation: evidence on US listed firms
... between product-market competition and corporate governance – paying attention to their disciplining effects on ...increased product-market competition leads managers to ...
29
Product Market Competition, Competitive Position and Employee Wage
... Industry competition and enterprise competitive position are two aspects of the research of the economic be- havior of micro ...the product market competition effect on the enterprises’ ...
7
Product Market Competition And Analysts’ Forecasting Properties: Evidence From Korea
... intense competition, managers may be reluctant to release significant information to minimize proprietary costs which might incur when rivals get the information (Verrecchia, 1983; Clinch & Verrecchia, ...
18
Product market competition and corporate governance disclosure: evidence from the UK
... 1985). Narayanan observes that top executives have an incentive to take actions that boost short-term performance at the expense of long-run share- holders’ interests, if they are concerned with their reputation on the ...
22
Bankruptcy and product market competition: evidence from the airline industry
... ship between bankruptcy …lings and product-market competition. 4 In looking at the e¤ect on prices and on frequency, they …nd that in the quarter during which a carrier …les for Chapter 11 ...
40
Digging deep to compete: vertical integration, product market competition and prices
... The results of these tests are provided in Table VII. In column 1 I find that, relative to the control group, Eastern market prices decrease significantly following the increase in product market ...
54
Product Market Competition and Economic Growth: The Role of Increasing Returns to Production Specialization
... intense product market competition (PMC) good or bad for growth? This question is important, since its answer will govern the development of antitrust and other competition ...tougher ...
6
The optimal choice of a relative performance indicator in product market competition
... In this research, we analytically explore what performance indicator is optimal in a market competition when the firm’s owner compensates the CEO based on the relative performance evaluation. The relative ...
24
Product market competition, efficiency and agency costs: an empirical analysis
... (i) barriers were low pre-SMP so the impact of the SMP was expected to be low, (ii) those with an intermediate level of barriers pre-SMP and where the measures undertaken as part of the SMP were expected to significantly ...
33
The levelling effect of product market competition on gender wage discrimination
... of market regulation (Black and Strahan 2001), market structure (Winter-Ebmer 1995; Heyman et ...of product market competition within a product market, they do not provide ...
14
Job competition, product market competition and welfare
... and product market competition is consistent with Proposition 4 and ...job competition is increasing in b because an increase in unemployment compensation reduces the difference between the ...
24
RETRACTED: Ownership Property, Product Market Competition and Auditor Choice
... environment. Product market competition is an important external governance mechanism on the industry level, but there are few scholars who study the relationship between competition and ...
12
Financial contracts, bankruptcy and product market competition
... DISS dvi The London School of Economics and Political Science Financial Contracts, Bankruptcy and Product Market Competition Thesis submitted by Paul Emil Marie Povel to the University of London for t[.] ...
159
Corruption and Product Market Competition: An Empirical Investigation
... Encouraging competition in product markets represents one potential approach to dealing with corruption among officials regulating these markets that has attracted considerable attention in theoretical ...
43
Product Market Competition Shocks, Firm Performance, and Forced CEO Turnover
... intense competition. Prior studies on the relationship between competition and CEO turnover find limited and mixed empirical ...that product market competition can improve internal ...
66
Horizontal and Vertical Firm Networks, Corporate Performance and Product Market Competition
... of product market competition, ...of market competition has to be considered as ...of market competition is lower than ...that market competition compensates ...
30
Corporate Financing and Product Market Competition: An Overview
... This paper offers an overview of the main interactions between corporate financing decisions and product market competition. Financial policy may affect the market game in several ways. It can ...
33
Product market competition, board structure, and disclosure quality
... mechanism, product market competition has both strategic and governance effects on the information disclosure of listed ...that product market competition could significantly ...
26
Product market competition and dynamic adjustment in capital structure
... their competition strategy in accordance with their rivals’ financial situation (as the deep pocket theory points ...intensive product market competition and the firm is aware of its deviation ...
29