Mainstream literature on long‐term performance of initial public offerings focuses on long‐term underperformance. Because underperformance is an anomalous phenomenon, many authors search for explanations based on financial market imperfections. More recently, however, the attention shifts...

In a sample of 28 Dutch IPOs we looked for the organizational and human resource changes that accompany the transformation from a private into a public firm. We observed a growing efficiency climate and accountability drives, as well as a relationship between financial participation and...

Tries to clarify and to define more strictly some central connotations of popular concepts in the field of personnel policy: mobility and flexibility. Develops a model connecting these concepts within a single theoretical scheme.

This is a second article reporting on the functioning of a regional federation in the Dutch health care field. It is a heterogenous federation of health care delivery institutions (clinical, ambulatory, and primary care) within a geographical area of about 250,000 inhabitants. The first article...