Showing 1 - 9 of 9
This paper develops and tests new theory about the determinants of value creation in unrelated multibusiness firms from a resource-based perspective. The authors argue that the availability of "headquarter resources", which are at the basis of headquarter services provided to the business units,...
Persistent link: https://www.econbiz.de/10005011550
This paper focuses on the link between the three types of specificity and the complexity of outsourcing contracts because specificity is generally considered as the most important transaction cost attribute. It also integrates external uncertainty in the model. External uncertainty is a...
Persistent link: https://www.econbiz.de/10005011553
influencing the outsourcing decision. Some performance implications of this rationale are also suggested and tested. …
Persistent link: https://www.econbiz.de/10005011570
Although modest in terms of sales, compared to most other sectors, luxury does get a high share of investors', financial analysts’ and media attention. Why would this sector receive a share of attention much bigger than its actual weight? Is it because of its glamourous image, or the...
Persistent link: https://www.econbiz.de/10008672467
This paper analyzes the impact of differences in supply of and demand for private equity financing on the performance … buyout performance decreases when large volumes of private equity commitments are looking for suit-able acquisition targets … acquisition prices (and thereby transaction performance) depend on the competition by a limited number of private equity fund …
Persistent link: https://www.econbiz.de/10005011546
living dead investments. After correcting for sample bias and overstated accounting values, average fund performance changes … from slight over performance to substantial underperformance of -3.83% per year with respect to the S&P 500. Assuming a … stunning growth in the amount allocated to this asset class cannot be attributed to genuinely high past performance. They …
Persistent link: https://www.econbiz.de/10005011561
This paper investigates the performance impact of undertaking activities through scale alliances with competitors …
Persistent link: https://www.econbiz.de/10005011673
In this paper, the authors provide evidence that the convexity of the flow-performance relationship in the mutual fund …/eliminates the degree of convexity of the flow-performance relationship. The effect of economic activity dominates that of market … explains why mutual fund performance varies with the business cycle. …
Persistent link: https://www.econbiz.de/10008518881
In this paper the authors explore performance measurement practices in pharmaceutical companies with particular … instability of ‘performance measurement’ inscriptions. The paper concludes with a discussion of the concept of stability and how …
Persistent link: https://www.econbiz.de/10008518878