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effects on the optimal exit strategy and on the financial contract. Going public can be more profitable than a trade sale (i …
Persistent link: https://www.econbiz.de/10005413189
Our central proposition is that monitoring costs increase with physical distance, and hence, direct investments located further from the foreign investor’s home base should be more likely formed as joint ventures. Tests on a data set of Taiwanese direct investments in Mainland China provide...
Persistent link: https://www.econbiz.de/10005134453
The present paper studies the impact of information sharing and contractual instruments on a shipper and her transport suppliers through a monte carlo simulation. After reviewing the literature, we propose a model to measure the benefits in terms of expected transport cost and variance of this...
Persistent link: https://www.econbiz.de/10005119207
Persistent link: https://www.econbiz.de/10005119257
This study seeks to review some of the key issues surrounding ongoing WTO negotiations on trade liberalisation of …
Persistent link: https://www.econbiz.de/10005556476
Role -playing and unaided opinions were used to forecast the outcome of three negotiations. Consistent with prior re … search, role-playing yielded more accurate predictions. In two studies on marketing negotiations, the predictions based on …
Persistent link: https://www.econbiz.de/10005556559
Using Finnish panel data, we study how entrepreneurs differ from workers in education and income dynamics. We find that … workers have higher median income in all educational groups. Without additional controls, entrepreneurs have higher average … income with all but undergraduate level of education. However, random effects and matching models suggest that entrepreneurs …
Persistent link: https://www.econbiz.de/10005556770
Our objectives in this paper are threefold. First, we identify the nature of entrepreneurial climate in ancient Athens. Drawing on the analyses of Athenian writers we argue that, although philosophers, politicians, and generals enjoyed greater civil and social status relative to those pursuing...
Persistent link: https://www.econbiz.de/10005561051
Given the importance of green entrepreneurs in the transition towards a truly sustainable society, this paper proposes … frameworks for investigating the motives of entrepreneurs who set up green businesses. Different perceptions of 'green' are … possible forms of green start-ups. The main approach taken in the paper is to review the literature on entrepreneurs generally …
Persistent link: https://www.econbiz.de/10005561853
In this paper we study the labour market behavior of employed individuals that have entrepreneurial aspirations in addition to aspirations to switch job. We analyze empirically these two “search processes” side-by-side and report three main findings: First, neither entrepreneurial...
Persistent link: https://www.econbiz.de/10005125777