The paper investigates whether the presence and tenure of Private Equity (PE) investmentin European companies improves their performance. Previous studies documentedthe unambiguous merit of a buyout during the 1980s and 1990s for listedfirms in the US and UK markets. This study analyzes such...

This paper considers a matchmaker game in the Shapley-Shubik(1971) (one-to-one) assignment problem. Each …rm proposes how muchit is willing to pay each worker if they are matched. Each worker alsoproposes which salary she is willing to accept from each …rm if they arematched. The matchmaker...

We consider how the amount of the technology transferred and the characteristics of the partneraffect licensing. We find that a partial technology transfer can be the joint-profit minimizingtransfer, though under weakly concave demand, a complete transfer always increases joint profitif there...

Suggesting a three dimensional model for virtualization, this paper examines the strategic movements companies may perform in order to become virtual corporations. Literature research and qualitative data from German banks demonstrate plausibility of the model and lead to specific questions to...

Management theory argues that the effective use of extension strategies depends on market growth and market share. ... The findings show the full depth of the pluralistic world: Extension strategies can be used independently from the company's size and other contingency factors, as long as they...

... This paper explains the model and then focuses on the question of how small and medium sized companies are able to act as successful players in this new economic order. Data from 102 German and Austrian companies are used to describe the actual state of virtualization and to analyze the...