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Over the last century, the passenger airline industry has undergone a series of transformations, with Lufthansa being a key player not only in Europe, but also worldwide. This case study traces Lufthansa's development, from its origins up until its current status, and outlines its expansion by...
Persistent link: https://www.econbiz.de/10014634473
Sri Lanka and India have a bilateral free trade agreement that spans twenty years, and although exports from Sri Lanka … surveying firms and in-depth interviews, assesses the India entry strategies of leading Sri Lankan firms that have established … themselves and seen success in India. Their experience bears lessons for others seeking to access the large and growing Indian …
Persistent link: https://www.econbiz.de/10012388663
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Several developing countries impose high tariffs, directly or indirectly, on imports of manufactured goods such as vehicles and machinery. In many cases governments argue that they need such policies to protect domestic manufacturing industries from foreign competition while simultaneously...
Persistent link: https://www.econbiz.de/10012132010
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In recent years, demutualized stock exchanges have been increasingly engaging in M&A and alliance activities. To examine the effect of these growth strategies on exchange shareholders' value creation, we focus on 14 public stock exchanges and investigate their short-run share price responses to...
Persistent link: https://www.econbiz.de/10003973480
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A large number of studies (DeYoung et al., 2009) analyze merger outcomes in the financial industry, while other forms of business cooperation are still poorly investigated. Our paper examines results of strategic alliances and joint ventures in European and US banking over the period 1999 and...
Persistent link: https://www.econbiz.de/10013122124
In venture of developing corporate growth strategy and business plan, alliances help clients identify and implement joint ventures, and alliance structures to achieve the benefits of working with a complementary partner. This paper uses fairness opinions to assess the synergy for the recent...
Persistent link: https://www.econbiz.de/10013068344
This paper faces two questions concerning Joint Ventures (JV) agreements. First, we study how the partners contribution affect the creation and the profit sharing of a JV when partners' effort is not observable. Then, we see whether such agreements are easier to enforce when the decision on JV...
Persistent link: https://www.econbiz.de/10013154970