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Evaluate a growing company is always a difficult exercise because the valuation depends on the appreciation of many factors that vary depending on the person performing the evaluation: manager, shareholder, venture capitalist, etc. This article aims to present the methods used to evaluate this...
Persistent link: https://www.econbiz.de/10010891118
The purpose of this paper is to analyse the question, whether copyright infringement of digital products like software commonly labelled as piracy impedes innovation. We find the answer depends on the nature of piracy i.e. whether it is end-users or commercial piracy. For end user piracy,...
Persistent link: https://www.econbiz.de/10010902128
Accounting, economic, social and political, and slack resources theories provide different perspectives to addressing corporate social responsibility in relation to disclosure, corporate financial performance e.t.c. This paper aims to identify the determinants financial and non financial of...
Persistent link: https://www.econbiz.de/10010902236
control themselves within the company and can be outsourced. Outsourcing turns hierarchical relations into horizontal ones. As …
Persistent link: https://www.econbiz.de/10010938998
We consider the advantages and disadvantages of stakeholder-oriented firms that are concerned with employees and suppliers as well as shareholders compared to shareholderoriented firms. Societies with stakeholder-oriented firms have higher prices, lower output, and can have greater firm value...
Persistent link: https://www.econbiz.de/10010958691
We investigate whether and how financial constraints of private firms depend on bank lending behavior. Bank lending behavior, especially its scale, scope and timing, is largely driven by bank business models which differ between privately owned and state-owned banks. Using a unique dataset on...
Persistent link: https://www.econbiz.de/10010682613
Managers like to think well of themselves and of the firms that employ them. Yet, such positive illusions can prejudice the evaluation of market outcomes and, as a result, provoke biased responses. In particular, we examine the possibility that managers self-servingly credit success in the...
Persistent link: https://www.econbiz.de/10010684586
The feature of contemporary enterprises is an aspiration of achieving the competitive edge thanks to investments in the knowledge and innovation. Apart from investment in tangible capital, more and more enterprises undertake many initiatives directed at the development of the intellectual...
Persistent link: https://www.econbiz.de/10011273733
The feature of contemporary enterprises is an aspiration of achieving the competitive edge thanks to investments in the knowledge and innovation. Apart from investment in tangible capital, more and more enterprises undertake many initiatives directed at the development of the intellectual...
Persistent link: https://www.econbiz.de/10011273817
This is a presentation of the marketing mix and the corporate marketing policy in the beginning of the XXI century. The latest aspects and trends in the components of the mix have been analyzed. The highlight is the role of the procedures and the quality and safety standards in order to satisfy...
Persistent link: https://www.econbiz.de/10005007948