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MOL Plc as a national champion does not simply take part in the implementation of the state's decisions but the company's cooperation is needed in realizing the economic, political and social considerations of the authorities. Therefore the company is provided with special preferential...
Persistent link: https://www.econbiz.de/10010494534
Globalization has been identified by many experts as a new way firms organize their activities and as the emergence of human capital as the new stakeholder of the firm. This paper surveys recent work which examines the role of trade integration for these changes in corporate organization. More...
Persistent link: https://www.econbiz.de/10010440960
significantly increased, and (2) a positive relationship exists between entrepreneurial activity and economic performance. However …
Persistent link: https://www.econbiz.de/10011381042
Private equity owned firms have more leverage, more intense compensation contracts, and higher productivity than comparable firms. We develop a theory of buyouts in oligopolistic markets that explains these facts. Private equity firms are more aggressive in inducing restructuring compared to...
Persistent link: https://www.econbiz.de/10003914407
MOL Plc as a national champion does not simply take part in the implementation of the state's decisions but the company's cooperation is needed in realizing the economic, political and social considerations of the authorities. Therefore the company is provided with special preferential...
Persistent link: https://www.econbiz.de/10009732111
Globalization has been identified by many experts as a new way firms organize their activities and as the emergence of human capital as the new stakeholder of the firm. This paper surveys recent work which examines the role of trade integration for these changes in corporate organization. More...
Persistent link: https://www.econbiz.de/10012765344
vertical integration decisions on the pricing and performance (occupancy rate and RevPar) of individual hotels. Aggregate data … patterns ndash; which managers pay most attention to ndash; suggest sizeable performance differences between franchised and non … results, obtained in a policy unconstrained setting, to those from studies that showed significant performance differences …
Persistent link: https://www.econbiz.de/10012717123
the likelihood of forced CEO turnover and its sensitivity to performance increase, particularly for firms with low … productivity and high default risk. While CEO's incentive pay and pay-performance sensitivity increase in firms with strong …. Performance and productivity improve after forced turnover …
Persistent link: https://www.econbiz.de/10013005725
measure of performance. Using the concept of ranked marginal utility, we develop a multi-dimensional measure of firm … performance (TPM) that reflects the preferences of all risk averse shareholders towards all aspects of risk. We verify empirically …-dimensional performance measure and that one dimensional performance measures, such as mean returns, volatility or Tobin's Q can lead to …
Persistent link: https://www.econbiz.de/10012992610
The appearance of relationship quality paradigm in the field of international business has resulted in growing need to manage, develop and evaluate relationships amongst the exporters and importers besides influencing the profitability of the firm in the long-run. In the same light, this study...
Persistent link: https://www.econbiz.de/10014037389