Showing 1 - 10 of 79
The decentralization of organizational decision authority has been shown to be complementary to Information Technology (IT) in prior research. We draw from the information processing view of organizations, the IT and de/centralization debate, and organizational learning theory to argue that IT...
Persistent link: https://www.econbiz.de/10008542248
This paper applies an intuitive approach based on stock market data to a unique dataset of large concentrations during the period 1990-2002 to assess the effectiveness of European merger control. The basic idea is to relate announcement and decision abnormal returns. Under a set of four...
Persistent link: https://www.econbiz.de/10008924801
This paper examines the stock market reaction to annual earnings information releases using data on the Nigerian Stock Exchange. Using the event study method, the speed of reaction of the market to annual earnings information releases for a sample of 16 firms listed on the exchange is tested....
Persistent link: https://www.econbiz.de/10009328134
Never has the issue of sovereign credit ratings attracted such an interest by policy and opinion makers, bankers and journalists, or even the public opinion, as witnessed in the last couple of years. In spite of being accused of contributing to the instability of financial markets, credit rating...
Persistent link: https://www.econbiz.de/10009647328
Mergers that substantially lessen competition are challenged by antitrust authorities. Instead of blocking anticompetitive transitions straight away, authorities might choose to negotiate with the merging parties and allow the transactions to proceed with modifications that restore or preserve...
Persistent link: https://www.econbiz.de/10005785855
This paper applies a novel methodology to a unique dataset of large concentrations during the period 1990-2002 to assess merger control’s effectiveness. By using data gathered from several sources and employing different evaluation techniques, we analyze the economic effects of the...
Persistent link: https://www.econbiz.de/10005785890
Using a sample of 167 mergers during the period 1990-2002 involving 544 firms either as merging firms or competitors, we contrast a measure of the merger’s profitability based on event studies with one based on accounting data. We find positive and significant correlations between them...
Persistent link: https://www.econbiz.de/10005739706
This paper proposes that the resurgence of geographic factors in the study of uneven development is not due simply to the recurrent nature of intellectual fashions, nor necessarily because arguments that rely on geographic factors are less simplistic than before, nor because they avoid...
Persistent link: https://www.econbiz.de/10008876877
The paper reports an attempt to estimate the determinants of entry in Greek manufacturing industry in the 1984-87 period and to identify the differences between locatio nal entry preferences. Entry in Athens is found to be hesitant with respect to factors such as profitability and increased...
Persistent link: https://www.econbiz.de/10008919786
The present study analyses the location of new economic activities in the 51 Greek prefectures (NUTS III level) as the … outcome of agglomeration economies and other factors that are acknowledged as determinants of new firm location. Cross …-section data referring to the location choices of firms in manufacturing, commerce, services and tourism within 2005 are used …
Persistent link: https://www.econbiz.de/10009004207