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This Public Procurement Brief presents two new EU public procurement Directives (2014/24/EU and 2014/25/EU) on … procurement by public and utilities sectors. The Directives are part of a recently adopted EU legislative package reforming the EU … public procurement rules. The Brief provides an overview of the new regulations, focusing on the following issues: general …
Persistent link: https://www.econbiz.de/10012454222
Public Procurement is a voluntary instrument, which means that individual Member States and public authorities can determine … alternative energy sources) and how these considerations can be incorporated into the procurement process in line with EU law. …
Persistent link: https://www.econbiz.de/10012454420
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This paper not only recommends means whereby principal-agent problems could be addressed, but also considers various ways in which the external auditor and audit committees contribute as corporate governance tools. The impact of bank regulations on risk taking and the need for a consideration of...
Persistent link: https://www.econbiz.de/10011260501
Lecture on the first SFB/TR 15 meeting, Gummersbach, July, 18 - 20, 2004We address the question of how the internal organization of partnerships can be affected by moral hazard behavior of their division(s)/agent(s). We explore cases where two entregreneurs, each employing one agent subject ot...
Persistent link: https://www.econbiz.de/10005785833
The paper analyzes the choice of organizational structure as solution to the trade-off between controlling behavior based on authority rights and minimizing costs for implementing high efforts. The analysis includes the owner of a firm, a top manager and two division heads. If it is more...
Persistent link: https://www.econbiz.de/10010699425
The paper analyzes how the choice of organizational structure leads to the best compromise between controlling behavior based on authority rights and minimizing costs for implementing high efforts. Concentrated delegation and hierarchical delegation turn out to be never an optimal compromise. If...
Persistent link: https://www.econbiz.de/10010617907
This paper not only recommends means whereby principal-agent problems could be addressed, but also considers various ways in which the external auditor and audit committees contribute as corporate governance tools. The impact of bank regulations on risk taking and the need for a consideration of...
Persistent link: https://www.econbiz.de/10008805823
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Persistent link: https://www.econbiz.de/10000091629