Calendrier du 24 janvier 2024
Histoire des entreprises et de la finance
Du 24/01/2024 de 16:00 à 17:30
R1.10
ABE DE Jong (University of Groningen)
Why are corporations terminated?
écrit avec Christopher L. Colvin,Philip T. Fliers,Florian Madertoner
We identify all 196 Dutch exchange-listed corporations that halted their operations and ceased to
exist between 1903 and 1996. We then explain these terminations using unique hand-collected
accounting and governance data and novel regression techniques that allow us to conduct long-run
comparative analysis. Dutch bankruptcy laws remained remarkably stable during this period. The
main termination method used was shareholder-induced voluntary liquidation until WWII, and
creditor-instigated bankruptcy thereafter. We argue this shift was a consequence of a change in the
societal purpose of the corporation: the results of our binomial regression analysis is consistent with
the idea that a stakeholder-focused paradigm replaced the liberal shareholder-centric paradigm
among the Netherlands’ business elites in the decades following WWII. Our results demonstrate how
a change in corporate purpose has profound consequences, even when legal institutions remain
unchanged.
JOB MARKET
Du 24/01/2024 de 13:00 à 14:15
R2-21
SCHULZE TILLING Anna (University of Bonn)
Changing consumption behavior with carbon labels: Causal evidence on behavioral channels and effectiveness
Wednesday, January 24th, R2-21, 1pm-2.15pm
Environmental; Ag. Econ.; Experimental Economics; Public Economics; Behavioral Economics
Changing consumption behavior with carbon labels: Causal evidence on behavioral channels and effectiveness
Anna SCHULZE TILLING (University of Bonn)
Economic History Seminar
Du 24/01/2024 de 12:00 à 13:30
R1.09
ALFANI Guido(Bocconi University )
ALFANI Guido(Bocconi University )
The rich and the top wealth shares: a long-term perspective
Over the last ten years or so, many efforts have been made at reconstructing measures of economic inequality (including top shares of wealth and/or income) for a growing range of preindustrial societies, especially but not exclusively in Europe. The seminar will offer an updated overview of this research, focusing on the rich – but it will go beyond a presentation of top wealth shares per se, seeking an answer to a broader range of questions. Who were the rich, in history, and how did they obtain their wealth? Did they play the same role in society, and were they perceived in the same manner, in the past as today? And are changes in the perception of the rich across history somewhat connected to the extent of their wealth, in absolute and/or in relative terms?
The seminar will build upon a recently published book, As Gods Among Men. A History of the Rich in the West (Princeton 2023), which highlights —despite the different paths to wealth in different eras— fundamental continuities in the behavior of the rich and public attitudes towards wealth across Western history. It also offers a novel perspective on current debates about wealth and income disparity.