The authors use a contingent claims analysis model to calculate the idiosyncratic risks in Leveraged Buyout transactions.

This paper investigates the performance impact of undertaking activities through scale alliances with competitors rather than undertaking these activities autonomously.

In unsettled fields with multiple ideal-typical institutional logics, why do organizations tend to weaken or conform to prevalent logic order? The authors argue that prestige, defined as a tribute paid by field members to a select few with valued distinctive traits, plays a determinant role in...