Corporate Governance, Market Structure, and Innovation

Download or read book Corporate Governance, Market Structure, and Innovation written by Mario Calderini and published by Edward Elgar Publishing. This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Specifically, three classes of institutional discontinuities are discussed: privatization processes, mergers and acquisitions and liberalization of the market. The authors aim to show that the effects of such institutional discontinuities may seriously affect, in the short term, the market value of the firm, and in the medium/long term, the performance of the national system of innovation as a whole.