Why shape a market? Empirical evidence on the prominent firm-level and market-level outcomes of market-driving strategy

2022 ◽  
Vol 139 ◽  
pp. 1240-1254
Author(s):  
Vlasis Stathakopoulos ◽  
Konstantinos G. Kottikas ◽  
Grigorios Painesis ◽  
Ioannis G. Theodorakis ◽  
Efthymia Kottika
2014 ◽  
Vol 34 (3) ◽  
pp. 139-160 ◽  
Author(s):  
Gopal V. Krishnan ◽  
Changjiang Wang

SUMMARY While prior research has examined the relation between firm-level attributes and auditors' decisions, there is little empirical evidence on whether managerial attributes are informative to auditors. We examine the relation between managerial ability, i.e., ability in transforming corporate resources to revenues, and audit fees and a going concern opinion. We use the managerial ability measure recently developed by Demerjian, Lev, and McVay (2012). We find that incremental to firm-level attributes, both audit fees and the likelihood of issuing a going concern opinion are decreasing in managerial ability. Collectively, our findings support the notion that managerial ability is relevant to auditors' decisions.


Author(s):  
Alexander Sandkamp ◽  
Vincent Stamer ◽  
Shuyao Yang

AbstractDespite a general agreement that piracy poses a significant threat to maritime shipping, empirical evidence regarding its economic consequences remains scarce. This paper combines firm-level Chinese customs data and ship position data with information on pirate attacks to investigate how exporting firms and cargo ships respond to maritime piracy. It finds that overall exports along affected shipping routes fall following an increase in pirate activity. In addition, piracy induces firms to switch from ocean to air shipping, while remaining ocean shipments become larger. At the ship-level, the paper provides evidence for re-routing, as container ships avoid regions prone to pirate attacks.


2009 ◽  
Author(s):  
Ligia Alba Melo-Becerra ◽  
Ana María Iregui-Bohórquez ◽  
María Teresa Ramírez-Giraldo

Author(s):  
Phan Anh Tu

This chapter argues that while informal entrepreneurship is important in transition economies (for economic growth, job generation, and welfare improvement), it opens informal entrepreneurs to bribery requests because of their non-official status. With empirical evidence from Vietnam, this chapter demonstrates that the likelihood of bribery is determined by a firm's attributes. Building on a unique dataset of 352 entrepreneurs in informal firms in Vietnam, this chapter is able to quantify bribery at the firm level and measure key concepts. The empirical findings confirm the key assumption that entrepreneurs operating in the informal sector of the same country may vary in their propensity to pay bribes due to pressure resulting from (a) factors that are specific to the firms, or (b) factors specific to their perceptions of the environment.


Author(s):  
Aspasia Vlachvei ◽  
Ourania Notta

Competitiveness has been a topic of research in the manufacturing and related sectors since the early 1990s. While there is much agreement on the economic and social importance of competitiveness, it is less clear what exactly competitiveness is and what its most important determinants are. The focus of this paper is to review the literature at the firm level and evaluate and compare all the available competitiveness-related frameworks and models, to present the empirical evidence and to investigate the relevant competitiveness indices.


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