We study a dynamic principal-agent problem where social capital is an important part of the system of incentives. In each period the firm chooses an incentive intensity, and its employees allocate effort between individual and cooperative tasks. Cooperative tasks are within bounds more pro­ ductive than individual tasks, but employees are not monetarily rewarded for them. Rather, and consistent...

BACKGROUND Several studies have shown the positive effect of neighbourhood social capital on health. Existing research, however, has hitherto not studied whether the duration and intensity of exposure to neighbourhood social capital conditions and its effect on health. The aim of this study was to examine whether neighbourhood social capital affects individual's health immediately and equally. ...

Should a country invest more in human or physical capital? The present paper addresses this issue, considering the impact of different factor intensities between sectors on both optimal human and physical capital accumulation. Using a two-sector overlapping generations setting with endogenous growth driven by human capital accumulation, we prove that relative factor intensity between sectors dr...

Infrastructure sectors such as energy, gas or water supply, waste water treatment or telecommunication provide us with services that are essential for modern life and for industrialized societies. In order to better understand the opportunities and limits of transformation processes in infrastructures, we will explore the particularities of these sectors. We introduce and discuss five dimension...

This study aims to determine the Effect of Institutional Ownership, Capital Intensity, and Inventory Intensity on Tax Avoidance in Consumer Goods Industrial Sector Companies listed Indonesia Stock Exchange 2016-2020, with a research sample 25 companies using purposive sampling method. The data analysis used is multiple linear regression method processed application Econometric Views (Eviews) ve...

The act of tax aggressiveness is one that can worsen the company's image. This because profits increase and taxes paid are high, so company carries out obtained maximized. Inventory intensity, profitability, liquidity, capital intensity be used to minimize corporate aggressiveness. objective was conducted determine effect inventory on research property real estate companies listed Indonesia Sto...

We use forward-looking and exogenous measures of output price uncertainty to examine the effect of price uncertainty on firm-level capital investment, risk management, and debt issuance. The effects of uncertainty vary significantly by firm size. When faced with high price uncertainty, large firms increase their hedging intensity but do not lower capital investment or debt issuance. In contrast...

The relationship between physical capital, human capital and the distribution of earnings is examined empirically using cross-sectional microdata within SMSAs. Comparative advantage in workers and a scale-of-resources effect among firms is predicted to lead to a relationship between capital and earnings. The level of earnings is found to be positively related to capital intensity and negatively...

Using sectoral intangible investment data we confirm that intangible capital is a significant determinant of labour productivity growth. The sectoral setting further allows us to identify the differential impacts of intangible capital across industries with varying degrees of ICT intensity. Intangible capital appears to be significantly more productive in ICT-intensive sectors than in those tha...