The harmonious development of China state-owned enterprise and employees is the essential approach to develop state-owned enterprise. The development of enterprise is the premise of employees’ developments, and only harmonious enterprise can ensure employees’ complete development and bring up better employees. At the same time, employee’s quality decides the development level of enterprise, and...

This paper estimates the private returns to four different kinds of R&D spending on the probability of Irish and foreign-owned businesses engaging in product, process and organizational innovation. By providing econometric analysis of nearly 2000 businesses in the Community Innovation Survey: 2004 to 2006, it makes an important contribution to our understanding of the effects of Irish innovatio...

Completing restitution, a key element of South Africa’s land reform programme, entails government acquisition of white-owned farms. Some white farmers are willing to sell and consequently the government has paid them full market-related compensation. Others, however, refuse to sell, a right they have under the terms of the willing-seller, willing-buyer principle to which the government has comm...

LHG first acquired a 25% stake in JMH in 1997, and increased this to 49.4% in 2003. The remaining 50.6% of equity in JMH was owned by doctors who work, or have worked, in JMH’s hospitals. In 2011, LHG increased its stake to 70%, making it the majority owner. Prior to this, the companies had been separate entities, with JMH having a separate board that did not report to LHG (although LHG had rep...

Information technologies (IT) can be used as an agent to foster social change. This case study describes an Internet start-up, Lonxanet, and analyzes its potential role as a catalyst of changes in the Galician (northwest Spain) artisanal seafood fisheries. These fisheries are traditionally associated to rural communities of fishers, selling their products in local auction markets known as lonxa...

We document that in M&As a significant proportion of targets’ equity is owned by financial institutions that simultaneously own targets’ bonds (“dual holders”). Targets with larger equity ownership by dual holders have lower M&A equity premia and larger abnormal bond returns, particularly when dual holders stand to benefit more from appreciation of their bond stakes, e.g., when their bond owner...

Using data for Canadian daily newspapers we find that price changes of papers owned by the same firm are synchronized. On the other hand, independently owned newspapers do not appear to change their prices together.  2000 Elsevier Science S.A. All rights reserved.

This paper uses data from Taiwan’s banking sector to investigate if state-owned banks can serve as an internal regulation mechanism to sustain market competition. In contrast to the traditional second-best literature, the evidence shows that a certain degree of market coordination exis ts in the industry, even if the government owns most of the dominant banks in Taiwan.

This paper challenges the research hypothesis that psychological factors and market sentiment can influence and alter the trajectory of state-owned equities. For this purpose, an overreaction analysis was performed in a wide data spectrum consisting of daily returns of 184 state-owned enterprises operating in countries from three continents, over a ten year period divided in five biannual test ...