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    <title>EconStor Community:</title>
    <link>https://hdl.handle.net/10419/96180</link>
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        <rdf:li rdf:resource="https://hdl.handle.net/10419/283689" />
        <rdf:li rdf:resource="https://hdl.handle.net/10419/283687" />
        <rdf:li rdf:resource="https://hdl.handle.net/10419/283686" />
        <rdf:li rdf:resource="https://hdl.handle.net/10419/283693" />
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    <dc:date>2026-04-29T10:23:01Z</dc:date>
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  <item rdf:about="https://hdl.handle.net/10419/283689">
    <title>European Works Councils in the pharmaceutical industry</title>
    <link>https://hdl.handle.net/10419/283689</link>
    <description>Title: European Works Councils in the pharmaceutical industry
Authors: Triantafillidou, Eleni; Koutroukis, Theodore
Abstract: The purpose of this study is to provide an overview of institutional development of employee participation in Europe and analyze European Works Councils (EWC) agreements in the pharmaceutical industry. Mergers and acquisitions in the pharmaceutical industry increased the number of EWC agreements. There are now 30 multinational pharmaceutical companies with an active EWC. The first part of the study explores the legal aspects of European Works Councils and the European institutional and regulatory framework for employee participation. The second part of the study analyzes the characteristics and scope of EWC agreements using 5 case studies from the pharmaceutical sector. The source used to identify the EWC agreements is the European Trade Union Institute database and the research method used is legal analysis of constitutional framework and qualitative analysis of the agreements. The EWC agreements in the pharmaceutical sector provide the opportunity for management and employees for information and consultation on transnational issues concerning the company structure, the economic and financial situation of the company, the status and trend of employment and substantial changes concerning the company. Although EWC directives provide the framework for information and consultation on transnational level the constant changes in the structures of pharmaceutical companies and the increasing rates of mergers and acquisitions in the pharmaceutical sector make it difficult for EWC's to effectively participate in decision-making and influence managerial decisions.</description>
    <dc:date>2022-01-01T00:00:00Z</dc:date>
  </item>
  <item rdf:about="https://hdl.handle.net/10419/283687">
    <title>Hegemonic sanctions and global economic ramifications in the context of the Russian-Ukrainian conflict: A commentary</title>
    <link>https://hdl.handle.net/10419/283687</link>
    <description>Title: Hegemonic sanctions and global economic ramifications in the context of the Russian-Ukrainian conflict: A commentary
Authors: Saridakis, George; Alexiou, Constantinos; Hoseinc, Roger; Satnarine-Singhc, Nirvana
Abstract: The outbreak of the Russian-Ukrainian military conflict has sent chills down the spines of policy makers around the world. In this paper we offer an account of the unfolding military intervention in Ukraine and its concomitant global economic ramifications. By assessing the events that have led up to an apparently inevitable showdown, through the lens of hegemonic order theory, we provide tentative, yet comprehensive, insights into Russia's military incursion. We further discuss the potential impact of the military conflict on international trade and the prices of energy, food, and metals. Whilst the analysis suggests that the efficacy of the economic sanctions will depend on a variety of factors, it is envisaged that the United States (US) is likely to be an important resource player that will, to a certain extent, side-line Russia's gas exports to Europe. Also, countries that primarily trade with Russia and which have refrained from imposing sanctions (e.g., Turkey and China) may benefit from increased trade with the rest of the world. In contrast, many energy- and food-dependent European economies are expected to face increased inflationary pressures in view of the depressed global economic environment and the ongoing supply-side disruption.</description>
    <dc:date>2022-01-01T00:00:00Z</dc:date>
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  <item rdf:about="https://hdl.handle.net/10419/283686">
    <title>Fiscal and non-fiscal institutional context effects and foreign direct investment: Empirical evidence in developing countries</title>
    <link>https://hdl.handle.net/10419/283686</link>
    <description>Title: Fiscal and non-fiscal institutional context effects and foreign direct investment: Empirical evidence in developing countries
Authors: Mitsi, Dimitra; Kottaridi, Constantina
Abstract: In this paper, we examine the impact of different types of institutions including fiscal rules to the conventional institutional framework on FDI in 24 developing countries from 1996 to 2018. No study to date explores the role of fiscal rules on FDI given that fiscal discipline came to the forefront after the 2008 financial crisis. Our findings support a significant negative effect of expenditure rules on FDI, indicating that such fiscal rules act as a signal of fiscal indiscipline. We also provide strong evidence that political stability, regulatory quality and rule of law have a positive effect on FDI. Interestingly, we find an asymmetric impact of political stability and regulatory quality on FDI when we adopt expenditure rules in developing countries in contrast to those not adopting expenditure rules.</description>
    <dc:date>2022-01-01T00:00:00Z</dc:date>
  </item>
  <item rdf:about="https://hdl.handle.net/10419/283693">
    <title>Human capital theory vs. screening hypothesis: Evidence from the Greek health sector</title>
    <link>https://hdl.handle.net/10419/283693</link>
    <description>Title: Human capital theory vs. screening hypothesis: Evidence from the Greek health sector
Authors: Chanis, Stefanos; Tsamadias, Constantine
Abstract: This study tests whether the human capital theory is stronger than the screening hypothesis, using data from the Greek health sector. The paper estimates the rates of return of workers in the Greek health sector and tests the screening hypothesis. The evidence shows that the 'weak' version of the screening hypothesis is valid, but in general, the empirical results are consistent with the human capital theory.</description>
    <dc:date>2022-01-01T00:00:00Z</dc:date>
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