Artículo de revista ; As has happened with other industries, large technology companies are increasingly present in the financial services sector. In addition to being providers of digital tools and solutions, these firms can also act as a distribution channel for goods and services that are...

Artículo de revista ; Al igual que ha ocurrido con otras industrias, las grandes compañías tecnológicas están cada vez más presentes en el sector de los servicios financieros. A su condición de proveedores de herramientas y soluciones digitales, estas empresas unen también su capacidad...

El objetivo de este trabajo es contrastar las hipotesis de que los beneficios empresariales estan relacionados con el poder de mercado de la empresa y con la eficiencia. El modelo utilizado es un modelo clasico de comportamiento oligopolista. Los datos corresponden a una muestra de 770 empresas...

En este trabajo se evidencia que la participacion de mercado de las empresas españolas esta positivamente correlacionada con su nivel de beneficios ; ademas, el grado de concentracion sectorial, definido como el porcentaje de ventas de las cinco mayores empresas de cada sector, tambien esta...

This paper looks at the reaction by industry insiders, industry analysts and competing firms, to the announcement of M&As that took place in the European Union financial industry in the period 1998-2006. Analysts covering firms involved in an M&A transaction do not significantly alter their...

This paper highlights the importance of product differentiation and endogenous R&D in determining the optimal R&D policy, in a model where investment in cost reducing R&D is committed before firms compete in a differentiated-goods third-country export market. R&D is always taxed in oligopolies...

The worldwide availability of easy external financing has been an essential driver of recent M&A activity and a growing perception exists that such conditions may have resulted in a large number of non-value increasing transactions. This paper evaluates the interaction between credit conditions,...

Abstract:This paper looks into the application of the theory of the persistence of profits" and how it can be used to model manufacturing industries in Colombia. By explaining where the theory of "persistence of profits" comes from, what it is, and what its determinants are brief descriptions of...