infonet-economy

Cet article examine l’influence de l’environnement institutionnel sur la politique de diffusion d’informations fiscales des entreprises. Nous nous concentrons sur l’un des éléments clés de la transparence fiscale présents dans les rapports annuels : la preuve d’impôt exigée par les normes comptables internationales. L’objectif de ce document consiste à expliquer les différences entre…

We investigate the determinants of leverage and the impact of leverage on earnings quality using a large sample of public firms incorporated in 24 countries, from five hospitality sub-industries (bars and restaurants, gambling, hotels, recreational services, and travel and tourism), over the 2000-2016 period. First, we show that firm-specific characteristics (size, tangibility, and…

Grounded on social identity theory, we explore the identities and actions of 41 angel investors who invest in early-stage companies in the field of ICT. Our study reveals the existence of four pure types of angel investor identities and suggests how these identities shape their investment behavior and consequent exchange of resources with investees. We summarize our results in a…

Le projet "Grand Genève" peine à créer autour de lui un sentiment d'identification fort. La collaboration entre le canton de Genève, le canton de Vaud et les départements de la Haute-Savoie et de l'Ain reste depuis 2005 une entreprise qui apparaît lointaine et détachée de toute notion affective aux yeux de la population. L'étude des discours politiques et des…

Passenger acceptance is a key factor for the successful integration, uptake and use of autonomous vehicles (AVs) in the domain of public transpor-tation. Especially knowing opinions and attitudes around safety, comfort and convenience. We discuss a pilot study conducted as part of a larger research project where AVs are being tested to transport members of the general public on a…

Co-creation as a joint collaborative process between organizations and customers offers new models and sources of creativity and innovation for businesses to differentiate their value from the value their competitors offer. However, a successful co-creation strategy involves understanding the shared interests of the parties and resolving tensions between internal and external…

During the financial crisis that first hit the U.S. economy and soon became a world crisis, investors reduced their holdings of foreign equities, and, at the same time, they increased their holdings of short-term government bonds. The paper analyzes, within the context of a DSGE model, the hedging properties of foreign bond and foreign equity holdings during a crisis, when the degree…

This paper investigates the characteristics and performance of family investment holdings across the world. Their unique combination of family wealth and expertise and investments in stock markets make them a special asset class for retail investors. We find that families are strongly involved in terms of stake and management both in their holdings and the holding’s investments. We…