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A Rhetoric-Orientation View of Social Entrepreneurship 社会企业家精神的修辞取向观
Chicago Booth PCE: Entrepreneurship - Other (Topic) Pub Date : 2016-05-09 DOI: 10.2139/ssrn.2777453
Y. Chandra
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引用次数: 24
The Corporate Governance Role of the Media: Evidence from Russia 媒体在公司治理中的作用:来自俄罗斯的证据
Chicago Booth PCE: Entrepreneurship - Other (Topic) Pub Date : 2006-06-01 DOI: 10.2139/ssrn.891206
I. Dyck, N. Volchkova, Luigi Zingales
{"title":"The Corporate Governance Role of the Media: Evidence from Russia","authors":"I. Dyck, N. Volchkova, Luigi Zingales","doi":"10.2139/ssrn.891206","DOIUrl":"https://doi.org/10.2139/ssrn.891206","url":null,"abstract":"We study the effect of media coverage on corporate governance outcomes by focusing on Russia in the period 1999-2002. Russia provides a setting with multiple examples of corporate governance abuses, where traditional corporate governance mechanisms are ineffective, and where we can identify an exogenous source of news coverage arising from the presence of an investment fund, the Hermitage fund, that tried to shame companies by exposing their abuses in the international media. We find that the probability that a corporate governance abuse is reversed is affected by the coverage of the news in the Anglo-American press. The result is not due to the endogeneity of news reporting since this result holds even when we instrument media coverage with the presence of the Hermitage fund among its shareholders and the “natural” newsworthiness of the company involved. We confirm this evidence with a case study.","PeriodicalId":244036,"journal":{"name":"Chicago Booth PCE: Entrepreneurship - Other (Topic)","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2006-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115681841","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 828
Power in a Theory of the Firm 企业理论中的权力
Chicago Booth PCE: Entrepreneurship - Other (Topic) Pub Date : 1996-11-01 DOI: 10.2139/ssrn.2091
R. Rajan, Luigi Zingales
{"title":"Power in a Theory of the Firm","authors":"R. Rajan, Luigi Zingales","doi":"10.2139/ssrn.2091","DOIUrl":"https://doi.org/10.2139/ssrn.2091","url":null,"abstract":"Transactions take place in the firm rather than in the market because the firm offers agents\" who make specific investments power. Past literature emphasizes the allocation of ownership as the\" primary mechanism by which the firm does this. Within the contractibility assumptions of this\" literature, we identify a potentially superior mechanism, the regulation of access to critical resources. \" Access can be better than ownership because: i) the power agents get from access is more contingent\" on them making the right investment; ii) ownership has adverse effects on the incentive to specialize. \" The theory explains the importance of internal organization and third party ownership. \"","PeriodicalId":244036,"journal":{"name":"Chicago Booth PCE: Entrepreneurship - Other (Topic)","volume":"85 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1996-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132995945","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1179
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