The Experts below are selected from a list of 6345 Experts worldwide ranked by ideXlab platform
Balagopal Vissa - One of the best experts on this subject based on the ideXlab platform.
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Bringing Institutions into performance persistence research: Exploring the impact of product, financial, and Labor Market Institutions
Journal of International Business Studies, 2010Co-Authors: Aya S Chacar, William Newburry, Balagopal VissaAbstract:This study challenges the implicit assumption of homogeneity in national Institutional environments made in past studies of firm performance persistence. We propose that home-country Institutions matter. We focus on the impact of formal Institutions in the product, financial, and Labor Markets, arguing that they affect the size of pools of exchange partners and the types of exchanges allowed and condoned. Ultimately, these restrictions affect competitive intensity among firms, and firm performance persistence. Using data for over 10,000 firms from 33 countries over a 10-year time frame, we show that antitrust law strength, a product Market Institution designed to prevent collusion among firms, is associated with decreases in performance persistence. Unskilled Labor Market flexibility, a Labor Market Institution that reduces legal constraints imposed on residual claimants (managers and owners) to take necessary actions to maintain or enhance profitability, is associated with increases in performance persistence. Product liability law effectiveness, another product Market Institution, and corporate control Market development, a financial Market Institution, are positively associated with performance persistence only in the case of MNEs. The two remaining financial and Labor Market Institutions, public equity Market development (respectively skilled Labor Market availability) have a positive (respectively negative) impact for domestic firms only.
Aya S Chacar - One of the best experts on this subject based on the ideXlab platform.
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Bringing Institutions into performance persistence research: Exploring the impact of product, financial, and Labor Market Institutions
Journal of International Business Studies, 2010Co-Authors: Aya S Chacar, William Newburry, Balagopal VissaAbstract:This study challenges the implicit assumption of homogeneity in national Institutional environments made in past studies of firm performance persistence. We propose that home-country Institutions matter. We focus on the impact of formal Institutions in the product, financial, and Labor Markets, arguing that they affect the size of pools of exchange partners and the types of exchanges allowed and condoned. Ultimately, these restrictions affect competitive intensity among firms, and firm performance persistence. Using data for over 10,000 firms from 33 countries over a 10-year time frame, we show that antitrust law strength, a product Market Institution designed to prevent collusion among firms, is associated with decreases in performance persistence. Unskilled Labor Market flexibility, a Labor Market Institution that reduces legal constraints imposed on residual claimants (managers and owners) to take necessary actions to maintain or enhance profitability, is associated with increases in performance persistence. Product liability law effectiveness, another product Market Institution, and corporate control Market development, a financial Market Institution, are positively associated with performance persistence only in the case of MNEs. The two remaining financial and Labor Market Institutions, public equity Market development (respectively skilled Labor Market availability) have a positive (respectively negative) impact for domestic firms only.
William Newburry - One of the best experts on this subject based on the ideXlab platform.
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Bringing Institutions into performance persistence research: Exploring the impact of product, financial, and Labor Market Institutions
Journal of International Business Studies, 2010Co-Authors: Aya S Chacar, William Newburry, Balagopal VissaAbstract:This study challenges the implicit assumption of homogeneity in national Institutional environments made in past studies of firm performance persistence. We propose that home-country Institutions matter. We focus on the impact of formal Institutions in the product, financial, and Labor Markets, arguing that they affect the size of pools of exchange partners and the types of exchanges allowed and condoned. Ultimately, these restrictions affect competitive intensity among firms, and firm performance persistence. Using data for over 10,000 firms from 33 countries over a 10-year time frame, we show that antitrust law strength, a product Market Institution designed to prevent collusion among firms, is associated with decreases in performance persistence. Unskilled Labor Market flexibility, a Labor Market Institution that reduces legal constraints imposed on residual claimants (managers and owners) to take necessary actions to maintain or enhance profitability, is associated with increases in performance persistence. Product liability law effectiveness, another product Market Institution, and corporate control Market development, a financial Market Institution, are positively associated with performance persistence only in the case of MNEs. The two remaining financial and Labor Market Institutions, public equity Market development (respectively skilled Labor Market availability) have a positive (respectively negative) impact for domestic firms only.
Anna Mills - One of the best experts on this subject based on the ideXlab platform.
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Bringing the Effects of Occupational Licensing into Focus: Optician Licensing in the United States
Eastern Economic Journal, 2016Co-Authors: Edward J Timmons, Anna MillsAbstract:The Labor Market Institution of occupational licensing continues to grow in scope in the United States and abroad. In this paper, we estimate the effects of occupational licensing on opticians using data from the US Census and American Community Survey. Our results suggest that optician licensing is associated with opticians receiving as much as 16.9 percent more in annual earnings. In an examination of malpractice insurance premiums in all states and participation rates in optician certification programs in Texas, we find little evidence that optician licensing has enhanced the quality of services delivered to consumers. By and large, optician licensing appears to be reducing consumer welfare by raising the earnings of opticians without enhancing the quality of services delivered to consumers.
Edward J Timmons - One of the best experts on this subject based on the ideXlab platform.
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Bringing the Effects of Occupational Licensing into Focus: Optician Licensing in the United States
Eastern Economic Journal, 2016Co-Authors: Edward J Timmons, Anna MillsAbstract:The Labor Market Institution of occupational licensing continues to grow in scope in the United States and abroad. In this paper, we estimate the effects of occupational licensing on opticians using data from the US Census and American Community Survey. Our results suggest that optician licensing is associated with opticians receiving as much as 16.9 percent more in annual earnings. In an examination of malpractice insurance premiums in all states and participation rates in optician certification programs in Texas, we find little evidence that optician licensing has enhanced the quality of services delivered to consumers. By and large, optician licensing appears to be reducing consumer welfare by raising the earnings of opticians without enhancing the quality of services delivered to consumers.
