Showing 1 - 10 of 127
One of the debates in the capital budgeting model selection is between the free cash flow and DCF methods. In this paper an attempt is made to compare SVA against NPV model based on Monte Carlo simulations. Accordingly, NPV is found less sensitive to value driver variations and has got higher...
Persistent link: https://www.econbiz.de/10011327539
The survey findings indicate the existence of gap between theory and practice of capital budgeting. Standard appraisal methods have shown a wider project value discrepancy, which is beyond and above the contingency limit. In addition, the research has found the growing trend in the use of value...
Persistent link: https://www.econbiz.de/10011327540
This paper studies patenting decisions by firms in relation to the negotiation and signing of the Helsinki and Oslo protocol as part of the Convention on Long-Range Transboundary Air Pollution. We use a uniquely constructed patent data set on SO2 abatement technologies filed in 15 signatory and...
Persistent link: https://www.econbiz.de/10011378341
This paper examines how a radical technological innovation affects alliance formation of firms and subsequent network structures. We use longitudinal data of interfirm R&D collaborations in the biopharmaceutical industry in which a new technological regime is established. Our findings suggest...
Persistent link: https://www.econbiz.de/10011372508
This paper studies mergers in markets where firms invest in a portfolio of research projects of different profitability and social value. The portfolio nature of the investment problem brings about novel insights on the external effects of firms' investments. The investment of a firm in one...
Persistent link: https://www.econbiz.de/10012137259
Email is one of the most powerful tools for communication. Many businesses use email as the main channel for … communication, so it is possible that substantial data are included in email content. In order to help businesses grow faster, a … criteria are applied for an email extraction system. The first criterion is to select contact information at the end of the …
Persistent link: https://www.econbiz.de/10011658753
performance, and (iii) weak firm-specific invention capabilities. On the margins, managers should emphasize selecting talent … rather than training workers to enhance innovation performance. …
Persistent link: https://www.econbiz.de/10011772909
One of the most powerful internet communication channels is email. As employees and their clients communicate primarily …
Persistent link: https://www.econbiz.de/10011699423
explains why communication is often tied up with organizational choices as job enlargement and collaboration. Our model has two …This article analyzes under which conditions a manager can motivate a junior worker by verbal communication, and … important features. First, the manager has more information about a junior's ability than the junior himself. Second, the junior …
Persistent link: https://www.econbiz.de/10011335224
Following formal privatisation of farm land and assets in CentralEurope, the change in agriculturalproduction structures has been both more limited and different thanwas initially expected. In this paper, thetheoretical reasons underlying those expectations are reviewed. Analternative...
Persistent link: https://www.econbiz.de/10011303300