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complexity. We perform a lexicographic analysis of the term sheets of 55,000 retail structured products issued in Europe since … 2002. We observe that financial complexity has been steadily increasing, even after the recent financial crisis, and that … financial complexity is more prevalent among distributors with a less sophisticated investor base. Complex products exhibit …
Persistent link: https://www.econbiz.de/10010832960
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 …
Persistent link: https://www.econbiz.de/10005011553
Despite the fact that vertical integration has been a key question of management studies for more than fifty years, we still do not have a unified, coherent view of outsourcing. In particular, multiple theoretical perspectives such as transaction cost economics, industrial organization, and...
Persistent link: https://www.econbiz.de/10005011570