Corporate ownership and initial training in Britain, Germany and Switzerland
This paper considers whether listed companies with dispersed ownership invest less in training than do other firms, as part of a short-termist stance caused by pressure from the stock market. An analytical framework that supports the proposition involves three factors: high agency costs between the...
| Main Authors: | , , , |
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| Format: | Working paper |
| Language: | English |
| Published: |
ESRC Centre on Skills, Knowledge and Organisational Performance (SKOPE)
2010
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| Subjects: |