Informational rent, publicly known firm type, and ‘closeness’ in relationship finance

2006 ◽  
Vol 91 (3) ◽  
pp. 430-435 ◽  
Author(s):  
Kim Kaivanto
Keyword(s):  
2019 ◽  
Vol 14 (2) ◽  
pp. 41-54 ◽  
Author(s):  
Kaya Halil Dincer ◽  
Balas Ayse Nilgun

Abstract The 2008-2009 global crisis has severely affected the world economy. Most national governments utilized fiscal policy measures including subsidies to reinforce and sustain their economies. In this study we examine the impact of the 2008-2009 global crisis on subsidies paid to manufacturing firms either by their governments or the European Union (i.e. EU). Our results indicate that, overall, a significantly larger proportion of firms had received subsidies after the global crisis. When we look into different subgroups, we find that firm size, female ownership, female management, and quality certification did not matter (more firms in all of these subgroups had received subsidies). On the other hand, our results demonstrate that firm type and top manager’s experience level made a difference in terms of subsidies received after the crisis.


2021 ◽  
Vol 1 (1) ◽  
pp. 55-68
Author(s):  
Aminu Abdullahi ◽  
Oladele Jami’u Olanrewaju ◽  
Moshud Nurudeen Mohammed

The study specifically examines the impact of audit firm types on sustainability performance effort (health care, employment and education) of quoted oil and gas marketing company in Nigeria. The population of the study consists of all the 13 oil and gas marketing companies quoted on the Nigeria Stock Exchange as at end of the year 2020. Secondary data was sourced from the annual reports and accounts of the sampled companies for the period of  5 years (2016-2020). The dependent variables for the study were Sustainability Performance effort proxied by expenditure on education, employment and health care by the oil and gas companies, while the independent variable was audit firm type. A panel regression model was employed for the analysis as the data cuts across different firms over periods. The results revealed that there is no significant relationship between audit firm type and sustainability performance. This is evident from the p-value of 0.554 which is related to audit firm type and health care. Also, the result of the audit firm and education revealed a p-value of 0.422 and that of audit firm type and employment 0.364. This result provided a basis for rejecting all the hypotheses. The study therefore, recommends that the oil and gas companies should continue to undertake their responsibility in the sustainability performance without any reference to whether they are being audited by any type of audit firm


2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Carsten Rietmann

Abstract This article studies the integration of Hidden Champions – little-known highly innovative global market leaders – in rural regional innovation systems (RIS) in Germany. These firms are analyzed in relation to their integration into a RIS framework, which differentiates two subsystems: knowledge generation and diffusion, and knowledge application and exploitation. The relevance of firm-internal and firm-external regional influencing factors on rural RIS integration is examined. The article proposes that Hidden Champions are weakly integrated in RIS due to their international sales focus and high technological specialization. To test this premise, 57 expert interviews with Hidden Champions and regional actors were conducted. It was found that key influences for RIS integration of this firm type are ownership structure, firm size, organizational status, location economies, and urbanization economies. Family businesses are on average more integrated than other firm types, but vary significantly in their integration.


HortScience ◽  
2021 ◽  
pp. 1-14
Author(s):  
Alicia L. Rihn ◽  
Ariana Torres ◽  
Susan S. Barton ◽  
Bridget K. Behe ◽  
Hayk Khachatryan

The landscape service sector is an important part of the environmental horticulture industry. However, research addressing factors impacting its business and marketing practices are scarce. This manuscript uses data collected via online and mail industry surveys in 2014 and 2019 to investigate U.S. landscape service firms’ advertising and marketing practices and different factors that influence their business strategies by firm type and size. Product mix, advertising method, and the importance of different business factors were impacted by firm type. Landscape service only firms had the most diverse product offerings, while firms with wholesale production had the least diversity. Landscape service only firms primarily used in-person and telephone advertising, while firms with wholesale production used a broader swath of advertising medias to reach a more diversified clientele. Overall, weather and labor-related factors had the most impact on landscaping firms’ business practices. Larger firms perceived labor factors as more important than smaller firms.


2019 ◽  
Vol 16 (1) ◽  
pp. 1
Author(s):  
Aluko Olusola Raphael ◽  
Omoniyi Sunday Samuel ◽  
Dipeolu Adedotun Ayodele

Clients have expressed dissatisfaction about services of professionals as a result of poor quality of service and errors in documentations resulting into overrunning project cost and delayed completion. This study investigated the influences of firms’ types, size of firms and experience of firms on provision of professional services of Architectural firms in the process of meeting the expectations of the client. Questionnaires was used to collect data for the study through random sampling. The results of ANOVA showed that firm types had no significance on services across the stages of service, firm size showed significance while the experience of the firm showed significance across the inception and the design stages. Multiple regression analysis showed that the variables cumulatively explained 3.9% (at p < 0.05) of the variance in the overall professional services of architectural firms. Among the variables, only the firm size showed a significant impact on the overall professional services with a p-value of 0.003. The firm type and experience of firm had no impact on the overall professional services. The findings serve as a guide to the clients in making choice of consultancy firms for their project, and as a guide to the consultancy firms in order to remain competitive in the globalized industry. Keywords: Architectural firms, Building Projects, Clients, Firms’ Characteristics, Professional Services


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