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The aim of this paper is to analyze and systematic theoretical findings which are based on Porter´s Generic Chain of Values in regards to the area of supporting activities. Supporting activities were long time at the margin of interest, both social and economic. Today, they represent important...
Persistent link: https://www.econbiz.de/10009398933
The dramatically growing disproportion between the value of corporate assets and market valuation has resulted in a well-researched schism between strategic management and financial theory. Options theory provides a potent tool to resolve this issue. We propose a model which is consistent with...
Persistent link: https://www.econbiz.de/10005258060
This paper presents the basics of the Transaction cost theory (TCT) and shows it's contribution to the Theory of the firm by the view of the new institutional economics. In the first part, author presents resources and presumptions of the TCT mainly by O. E. Williamson. The theory is based on...
Persistent link: https://www.econbiz.de/10009401149
of production process, i.e. investment abroad, mainly realised by setting-up a new production facility in a foreign … country, usually in the form of the foreign direct investment (FDI). Some of these influences are also connected with new …
Persistent link: https://www.econbiz.de/10005049540
Enviable strategic objective of Czech business sphere is to increase competitiveness. There is a long term task which major objective is to participate in this problematic. Its first part, empiric research and descriptive analysis of competitiveness of Czech organizations, are discussed in this...
Persistent link: https://www.econbiz.de/10005049545
Investment expenditure relates to an evident optimization problem: to create an optimal capital stock which is a … function of expected profits. According to the Tobin´s Q - theory, investment depends on the ratio Q of the market value of … business capital assets to their replacement value. A firm´s investment should rise with its Q. In practice, however, Q is not …
Persistent link: https://www.econbiz.de/10005036684
The theory "corporate social responsibility" (CSR) is characterized in the paper. The paper expresses the authors´ opinion, that CSR as a mere proclamation of necessity of the firms´ ethic behavior does not enforce this into praxis. The internal economic motivation to CSR is the necessary...
Persistent link: https://www.econbiz.de/10008752941
subsidies (so-called hidden subsidies) was derived from the investment and operating subsidies in the model. An individual tax …
Persistent link: https://www.econbiz.de/10008784819
We examine a strategic-choice handicap model in which males send costly signals to advertise their quality to females. Females are concerned with the net viability of the male with whom they mate, where net viability is a function of the male's quality and signal. We identify circumstances in...
Persistent link: https://www.econbiz.de/10004968337
One of the key assumptions of neoclassical economics is the existence of the rational individual, who always tries to maximize his or her utility. The paper shows possibilities of experimental evaluation of this hypothesis with respect to the various groups of people who undertake the...
Persistent link: https://www.econbiz.de/10008754965