We develop a tractable general equilibrium framework in which firms are large and have market power with respect to both products labor, firm's decisions affected by its ownership structure. characterize the Cournot–Walras of an economy where each firm maximizes share‐weighted average shareholder utilities—rendering independent price normalization. In one‐sector economy, if returns scale non‐in...

The paper tests the applicability of Whitley’ s business systems framework to the study of international differences in corporate ownership structure. In support of Whitley’ s framework we document the existence of large differences among the largest companies in 12 European nations. Furthermore we find that these differences can be partly attributed to the institutional determinants stressed b...

Factors Affecting Public-Private Sector's Support for the Elementary Schools M.H. Hassani Shalmaani, Ph.D. Factors affecting the public-private sector's support for elementary education were identified perusing related legislations, documents, and programs. To validate these factors a sample of 432 elementary school principals was given the list of factors of which 8 were confirme...

We investigate the dramatic transformation of ownership policies and ownership structure in Sweden during the postwar period. After WWII, Swedish ownership policies were guided by a socialist vision where the ultimate goal was abolition of private ownership. These policies came to an end in the early 1980s. Since then a large number of Swedish firms have been acquired by foreign owners or merge...