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methods have shown a wider project value discrepancy, which is beyond and above the contingency limit. In addition, the … of monitoring and project value discrepancy, and the absence of uniformity in the use of evaluation methods throughout … the life span of a project are among the results of the study. …
Persistent link: https://www.econbiz.de/10011256495
One of the debates in the capital budgeting model selection is between the free cash flow and DCF methods. In this paper an attempt is made to compare SVA against NPV model based on Monte Carlo simulations. Accordingly, NPV is found less sensitive to value driver variations and has got higher...
Persistent link: https://www.econbiz.de/10011257488
We formulate a simple model of optimal defensive disclosure by a monopolist facinguncertain antitrust enforcement and test its implications using unique data on defensivedisclosures and patents by IBM during 1955-1989. Our results indicate that strongerantitrust enforcement leads to more...
Persistent link: https://www.econbiz.de/10011257572
performance. Teams consisting of undergraduate students in business studies start up a venture as part of their curriculum. We … mechanisms suggested in the literature to explain this positive effect of gender diversity on performance (including …
Persistent link: https://www.econbiz.de/10011272579
This paper studies the impact of diversity in cognitive ability among members of a team on their performance. We … that team performance as measured in terms of sales, profits and profits per share first increases, and then decreases …
Persistent link: https://www.econbiz.de/10011255965
What is the effect of dispersed levels of cognitive ability of members of a (business) team on their team’s performance … complex decision making. The key result of the experiment is that the performance of business teams first increases and then …
Persistent link: https://www.econbiz.de/10011256050
diversity on the performance of business teams using a field experiment. We follow 550 students who set up 45 real companies as …. We find that a moderate level of ethnic diversity has no effect on team performance in terms of business outcomes (sales … diversity seems to affect the performance of teams positively. Our data suggest that this positive effect might be related to …
Persistent link: https://www.econbiz.de/10011256204
performance and postdissolution private and financial outcomes with a selected set of comparable firms and couples. We find …
Persistent link: https://www.econbiz.de/10011256068
integral performance. The present paper aims to trace to what extent and why some cities outperform others. Starting from an … consideration of the perceptions of important classes of stakeholders on the performance outcomes of the various cities involved …
Persistent link: https://www.econbiz.de/10011261922
> Human capital obtained through education has been shown to be one of the strongest drivers of entrepreneurship performance … following proposition: The performance of an entrepreneur is not only affected positively by her own education level but in … year <I>t</I> and several measures of the performance of individual entrepreneurs in that same country and year, including …
Persistent link: https://www.econbiz.de/10011256412