scholarly journals Regulatory Competition and the Market for Corporate Law

2020 ◽  
Vol 12 (2) ◽  
pp. 60-98 ◽  
Author(s):  
Ofer Eldar ◽  
Lorenzo Magnolfi
Keyword(s):  
Market Share ◽  
Empirical Model ◽  
Small Firms ◽  
Corporate Law ◽  
Regulatory Competition ◽  
Bonding Hypothesis

This article develops an empirical model of firms’ choice of corporate laws under inertia. Delaware dominates the incorporation market, though recently Nevada, a state whose laws are highly protective of managers, has acquired a sizable market share. Using a database of firm incorporation decisions from 1995 to 2013, we show that most firms dislike protectionist laws, such as anti-takeover statutes and liability protections for officers, and that Nevada’s rise is due to the preferences of small firms. Consistent with the bonding hypothesis, our estimates indicate that despite inertia, Delaware would lose significant market share and revenues if it adopted protectionist laws. (JEL G34, G38, K21, K22, L25, L51)

scholarly journals KONSEP PEMASARAN AGRIBISNIS : PENDEKATAN EKONOMI DAN MANAJEMEN

2018 ◽  
Vol 5 (2) ◽  
pp. 151 ◽  
Author(s):  
Ratna Winandi Asmarantaka ◽  
Juniar Atmakusuma ◽  
Yanti Nuraini Muflikh ◽  
Nia Rosiana
Keyword(s):  
Market Structure ◽  
Market Share ◽  
Value Chain ◽  
Small Firms ◽  
Marketing Channel ◽  
Market Mechanism ◽  
Competitive Market ◽  
Management Approach ◽  
A Company ◽  
Marketing Approach

<em>Agribusiness marketing approach can be done through economic or management approach. The economic approach shows the overall presence of marketing channels that will be more efficient and determined by the Structure Conduct and Performance (SCP). The higher the percentage of market share indicates the strength of an enterprise in an industry. If the market share is relatively small and diffuse then the market tends to be in a competitive market reflected by market conduct and market performance On the other hand, a marketing approach to management is a business strategy of a company (group) to improve the efficiency or profit of a company and its networking. Value chain, supply chain, governance value chain analysis is part of the overall agribusiness marketing analysis, so players who have dominant power or market share will be visible in the marketing channel and the centralized market structure. The cooperation of small firms whose market share is relatively dispersed, the market structure tends to lead to a perfectly competitive market with the performances delivered to the market mechanism.</em>

Overcoming the barriers to the implementation of more efficient productive strategies in small enterprises

2020 ◽  
Vol 42 (1) ◽  
pp. 149-165
Author(s):  
Andrea Signoretti
Keyword(s):  
Social Relations ◽  
Empirical Model ◽  
Small Firms ◽  
Resource Constraints ◽  
Lean Production ◽  
Practical Training ◽  
Small Enterprises ◽  
Work Intensity ◽  
Content Type ◽  
Lack Of Commitment

Purpose The purpose of this paper is to elaborate an empirical model of how small, family-owned companies can overcome the barriers that have been shown in different disciplines to hinder the implementation of lean production in this category of enterprises. Design/methodology/approach A multiple case study involving five carefully selected small manufacturing firms operating in Northern Italy was conducted through interviews with key managers and visits inside plants. This data was integrated by a specific seminar and by interviews with unions and training specialists. Findings The resulting empirical model highlights the significance of social relations among small entrepreneurs in overcoming any lack of commitment towards lean changes, the role of consultants and practical training in breaking the barrier of resource constraints and the channelling and control of employee involvement to encourage their participation in lean activities. Unions, when present, also play a role in preventing situations of excessive work intensity. Important variants within this common model also emerged among small firms on the grounds of their structure (e.g. size), product market conditions and managerial choices. Practical implications Knowledge on how to overcome the barriers to lean production implementation can help social actors both inside and outside of differently characterised small firms which are implementing, or intending to implement, the lean approach. Originality/value There is no existing literature on the subject of successful application of lean methods in small enterprises. The uniqueness of this paper’s contribution is reinforced by its broad analytical perspective on the lean system, stemming from an interdisciplinary analysis of different bodies of literature, including management, operations, human resources and employment relations in line with the definition of the lean system.

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