It is important for IPO firms to establish legitimacy in the eyes of investors through signaling. The objective of this research is to examine the relationship between signals including governance and management practices and the performance of family firms IPOs. Using IPO data of 129 family...

This paper is a literature review of the recent corporate governance research in Nigeria. It identifies the recent advances and challenges in the literature and suggest some directions for future research. A comprehensive review of the recent corporate governance literature is important because...

In México, micro, small and medium-sized enterprises (MSMEs) represenet 99.80% of economic units and employ 74% of the population. However, the percentage of gross production is just 35.90%. This implies that, despite their strong presence in the indicators of economic units and jobs generated,...

The paper elaborates on succession planning among Polish family businesses. Research survey was conducted on a random sample of 496 family enterprises in first quarter of 2009 (first phase, survey) and 61 family enterprises in third quarter of 2009 (second phase, in-depth-interview). The main...

In the globalized economy multinational firms have given rise to local firms able to produce at a low cost and at acceptable quality levels. A growing number of firms have outsourced production and manufacturing activities of all types to these firms, not only to reduce production costs but also...

An average of approximately 70% of companies operate as family business both in Hungary and in the EU, thus it is an important question what characterizes the question of succession. The aim of this research is to answer to the question whether among students it is typical to carry on family...

In the context of economic globalization, the scientific knowledge of the managerial behaviour from the economic organizations that carry out their activity in different geographical areas of the country, it represents a way to prevent poor performance or even failure in business. The COMOR...

In the present study, the authors refer to the methodological landmarks that led to the organization and the COMOR project development for the research of the managerial behaviour in the organizations from Romania. In this respect, there are described: - The procedures for establishing the...

Nowadays, Universities are trying to achieve their third mission, i.e. to foster the economic development of a specific context/Region, through Technology Transfer (TT) activities and processes like licensing, patenting, joint venture or the creation of academic spin-offs. The present study...

In this article innovative capability, i.e. the ability of new products and markets development, is analyzed and empirically tested. The results have proven that the companies with more developed innovative capabilities achieve higher performance levels, but that there is no difference in...