Similar Search Results

Anti-takeover Provisions as a Source of Innovation and Value Creation

Humphery-Jenner, M. - Tilburg University, Center for Economic Research - 2011

-creating takeovers and increase innovation and do not induce agency con icts of managerial entrenchment. This implies that for innovative …

Persistent link: https://www.econbiz.de/10011091215

Values and Governance Systems

Ruys, Pieter H.M.; van den Brink, J.R.; Semenov, R. - Tilburg University, Center for Economic Research - 1999

representation governance, and a budget-allocation function. The common service is provided by a firm, which consists of a value …-production function, an implementation governance, and a remuneration function. They extend the concepts of the consumer and the producer … in neoclassical theory. The functions mentioned are determined by cooperative games. A governance is represented by a …

Persistent link: https://www.econbiz.de/10011092649

Competition and Mergers among Nonprofits

Prüfer, Jens - Tilburg University, Center for Economic Research - 2007

Should mergers among nonprofit organizations be regulated differently than mergers among for-profit firms? The relevant empirical literature is highly controversial, the theoretical literature is scarce. I analyze the question by modeling duopoly competition with quality-differentiated goods. I...

Persistent link: https://www.econbiz.de/10011090604

Governance of Clubs and Firms with Cultural Dimensions

Ruys, Pieter H.M.; van den Brink, J.R.; Semenov, R. - Tilburg University, Center for Economic Research - 1999

of institutional features. An institutional approach is introduced that requires a cooperative governance to realize the … potential value-production by firms, or to realize the potential user-value by clubs. For each, a distinctive governance system … is introduced. The firm requires an implementation governance to activate the value-production capacities of its service …

Persistent link: https://www.econbiz.de/10011091595

Adaptive build-up and breakdown of trust : An agent based computational approach

Gorobets, A.; Nooteboom, B. - Tilburg University, Center for Economic Research - 2005

This article employs Agent-Based Computational Economics (ACE) to investigate whether, and under what conditions, trust is viable in markets. The emergence and breakdown of trust is modeled in a context of multiple buyers and suppliers. Agents develop trust in a partner as a function of observed...

Persistent link: https://www.econbiz.de/10011091766

Internal and External Discipline Following Securities Class Actions

Humphery-Jenner, M. - Tilburg University, Center for Economic Research - 2011

Companies are sometimes accused of misleading the market. The SEC can punish this with enforcement actions. Alternatively, shareholders can seek redress through a shareholder class action (SCA). While some literature has examined SEC actions, it has not examined SCAs, and has not examined...

Persistent link: https://www.econbiz.de/10011092569