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This brief paper aims to discuss (as a review) the notion of organisational/corporate abilities, a term that, albeit frequently used in the business world, often presents ambiguities in terms of its meaning. We tried to uncover an exact definition for it using different approaches, as well as...
Persistent link: https://www.econbiz.de/10005764553
Cost reduction is among the main quoted reasons for logistics outsourcing, while transport capacities and operations are among the most outsourced logistics areas. However, according to transaction costs theory, there is often room for transport insourcing. Furthermore, nowadays many authors...
Persistent link: https://www.econbiz.de/10011039151
The paper presents a game-theoretic model in order to investigate to what extent an employee privatization program of a … maximizing the per capita surplus over the wage. The privatization process is then described as a bargaining process between the …
Persistent link: https://www.econbiz.de/10009148015
In equipment-intensive sectors — such as water utilities, power generation, gas — billions of dollars are spent in capital equipment. We discuss and characterize the optimal policy of a profit-maximizing firm and compare it with the optimal policy of a welfare-maximizing planner. When there...
Persistent link: https://www.econbiz.de/10010568487
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reactions, and corporate control. The theory also implies a perverse sorting of high ability managers to conventional activities …
Persistent link: https://www.econbiz.de/10012710467
Legal origin - civil vs. common law - is said in much modern economic work to determine the strength of financial markets and the structure of corporate ownership, even in the world''s richer nations. The main means are thought to lie in how investor protection and property protection connect to...
Persistent link: https://www.econbiz.de/10012757040
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A tanulmányban a szerző a pénzügyi fegyelem és a cégek növekedési képessége közötti összefüggéseket vizsgálja a magyar vállalkozások különböző csoportjai körében. A vállalatok pénzügyi és szerződéses fegyelme lényeges hatást gyakorol a cégek és ezáltal az...
Persistent link: https://www.econbiz.de/10010963136
A financial system can only perform its function of channelling funds from savers to investors if it offers sufficient assurance to the providers of the funds that they will reap the rewards which have been promised to them. To the extent that this assurance is not provided by contracts alone,...
Persistent link: https://www.econbiz.de/10010958676