This paper seeks to empirically identify factors that influence the probability of being a fast growing firm in Eastern and Western Germany.Descriptive analyses have shown that most firms experience only small…
Contributions to Edited Volumes and Conference Proceedings
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2000
This paper discusses the different incentives of managers versus firm owners to invest in innovative activities. Economic theory proposes different incentives in owner-led firms and manager-controlled firms. In…
According to the prospect theory financial investors tend to sell winners too early and ride losers too long. Hence, financial investors are changing their positions more frequently in a bull market than in a…