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Royalty rates, sub licensing considerations and joint ventures.

Malki, Elli - EconWPA - 1997

as benchmarks for licensing managers . …

Persistent link: https://www.econbiz.de/10005076945

Bulow, Jeremy; Huang, Ming; Klemperer, Paul - EconWPA - 1999

(forthcoming Journal of Political Economy). Part ownership of a takeover target can help a bidder win a takeover auction, often at a low price. A bidder with a "toehold" bids aggressively in a standard ascending auction because its offers are both bids for the remaining shares and asks for its...

Persistent link: https://www.econbiz.de/10005076990

Why Individual Investors Want Dividends

Dong, Ming; Robinson, Chris; Veld, Chris - EconWPA - 2004

The question of why individual investors want dividends is investigated by submitting a questionnaire to a Dutch investor panel. The respondents indicate that they want dividends partly because the cost of cashing in dividends is lower than the cost of selling shares. Their answers provide...

Persistent link: https://www.econbiz.de/10005076991

Initiative, Incentives and Soft Information. How Does Delegation Impact The Role of Bank Relationship Managers?

Liberti, Jose Maria - EconWPA - 2004

authority and reduction of oversight improves or decreases the provision of effort by account managers. Results suggest that … 'empowering managers' increases the time relationship managers spend with their corporate clients, increases perceived effort and … organizational structure. I then test whether the improvement is really because managers make better use of their decision making …

Persistent link: https://www.econbiz.de/10005077034

What’s Common to Relationship Banking and Relationship Investing? Reflections within the Contractual Theory of the Firm

Neuberger, Doris - EconWPA - 2005

The financial systems in continental Europe are moving from bank intermediation to intermediation by non-bank institutional investors. The present paper examines to what extent this implies a substitution of relationship finance by arm’s length finance or just of one form of relationship...

Persistent link: https://www.econbiz.de/10005134639

What’s Common to Relationship Banking and Relationship Investing? Reflections within the Contractual Theory of the Firm

Neuberger, Doris - EconWPA - 2005

The financial systems in continental Europe are subject to profound changes in the institutions of market exchange. Banks traditionally holding close relationships with firms are substituted by non-bank institutional investors. The present paper examines whether this implies a substitution of...

Persistent link: https://www.econbiz.de/10005134668

Economic Value Added --- A General Perspective

Bhattacharya, Asish K.; Phani, B.V. - EconWPA - 2005

This paper explains the concept of Economic Value Added (EVA) that is gaining popularity in India. The paper examines whether EVA is a superior performance measure both for corporate reporting and for internal governance. It relied on empirical studies in U.S.A. and other advance economies. It...

Persistent link: https://www.econbiz.de/10005134684

The economic sense of royalty rates.

Malki, Elli - EconWPA - 1997

Academic institutions, involved in technology transfer to industry, are always concerned about the "fairness" of the royalty rate payable to them. The common method used by practitioners is the "Industry-Standard Approach" which is based mainly on past experience. However such approach is very...

Persistent link: https://www.econbiz.de/10005134686

Common Structures of Asset-Backed Securities and Their Risks

Sabarwal, Tarun - EconWPA - 2005

In recent years, one area of growing concern in corporate governance is the accounting and transfer of risk using special purpose entities (or trusts). Such entities are used widely in issuing asset-backed securities. This paper provides an overview of the asset-backed securities market, and...

Persistent link: https://www.econbiz.de/10005134710

Bad Credit Equilibria with the Abnormally Utilized Commerical

Ra, Sungsup - EconWPA - 2005

The Paper shows why and how the excessive use of commercial paper by financial institutions and corporations contributed to the vulnerability of the Korean economy to external shocks. We review the unfolding process of the Korean currency crisis,focusing on the role of the commercial paper. We...

Persistent link: https://www.econbiz.de/10005134762