Contracting between Firms: Empirical Evidence

An empirical analysis of contracting by Chinese firms

⁎ Corresponding author. School of Economics and F E-mail address: [email protected] (L.D. Qiu). 1 In law, a contract is “an agreement which is legall define a contract as an agreement that “specifies a mec cannot be verified in court” (MacLeod, 2002, p. 217). 2 In this paper, we use the term formal contract to contract. 3 It is incorrect to think that not having formal con Japanese businesses (As...

A Long-term Casual Nexus between Stock Price and Dividends: Empirical Evidence from the Accepted Firms in Tehran Stock Exchange

this world; though all the discussions are focused on the causal relationships in allthe scientific arguments. One of the methods to study the designed causal relationshipsobjectively is Granger causality test. This paper aims to investigate the longtermcausal relationship between the stock price and dividends. The statisticalpopulation includes 180 active companies in Stock Exchange of Tehran ...

Contracting in Firms

The growth of business firms: theoretical framework and empirical evidence.

We introduce a model of proportional growth to explain the distribution P(g)(g) of business-firm growth rates. The model predicts that P(g)(g) is exponential in the central part and depicts an asymptotic power-law behavior in the tails with an exponent zeta = 3. Because of data limitations, previous studies in this field have been focusing exclusively on the Laplace shape of the body of the dis...

Knowledge Centers in Professional Services Firms: Design and Empirical Evidence

Complementing knowledge management (KM) initiatives, specialized service units can support intra-organizational knowledge transfer by conducting research, offering edited contents, or participating in internal networks. This research concentrates specifically on the knowledge center (KC) model, thus following Hertlein et al., whose blueprint is evaluated and further developed by building on a m...