Narrow search
Showing 1 - 10 of 214
Cover Image
Transfer pricing for coordination and profit determination :an analysis of alternative schemes
Martini, Jan Thomas - Universität <Bielefeld> / Lehrstuhl für Controlling … - 2005
This paper examines coordination and profit allocation in a profit-center organization using a single transfer price. The model includes compensations, taxes, and minority interests of two divisions deciding on capacity and sales.The analysis covers arm's length transfer prices which are either...
Persistent link: https://www.econbiz.de/10005858524
Cover Image
Angleichung der Unternehmensverfassung in Europa - ein Forschungsprogramm
Schmidt, Reinhard H.; Grohs, Stefanie - Universität <Frankfurt, Main> / Fachbereich … - 1999
This paper discusses whether, in which respects, and to what extent the corporate governancesystems of Germany, the United Kingdom and France have already converged in the course ofEuropean economic integration, or are likely to converge in the foreseeable future. Wepresent, and attempt to...
Persistent link: https://www.econbiz.de/10005840358
Cover Image
To acquire, or to compete?An entry dilemma
Gabszewicz, Jean Jaskold; Laussel, Didier; Tarola, Ornella - Center for Operations Research and Econometrics … - 2008
In this paper we address the following question: is it more profitable, for an entrant in a differentiatedmarket, to acquire an existing firm than to compete? We illustrate the answer by considering competition inthe banking sector.....
Persistent link: https://www.econbiz.de/10005868688
Cover Image
Shareholder vs. Stakeholder: Ökonomische Fragestellungen
Schmidt, Reinhard H.; Weiß, Marco - 2003
Stakeholder berücksichtigt, auf der anderen Seite - werden geschildert und mit den Mitteln der ökonomischen Theorie bewertet …
Persistent link: https://www.econbiz.de/10005844547
Cover Image
Efficient Systems for the Securities Transaction Industry - A Framework for the European Union
Serifsoy, Sarif; Weiss, Marco - 2003
This paper provides a framework for the securities transaction industry inthe EU to understand the functions performed, the institutions involved andthe parameters concerned that shape market and ownership structure. Ofparticular interest are microeconomic incentives of the industry players...
Persistent link: https://www.econbiz.de/10005844581
Cover Image
Executive compensation and the susceptibilityof firms to hostile takeovers - An empirical investigation of the U.S. oil industry
Haid, Michael H.; Nowak, Eric - 1999
takeover imposed by the market for corporate control. We complement other empirical studies on managerial compensation and … consists of 51 firms in the U.S. oil industry from 1977 to 1994. Third, we employ ex ante measures of the threat of takeover at … the individual firm level which are superior to ex post measures like actual takeover occurrence or past incidence of …
Persistent link: https://www.econbiz.de/10005840368
Cover Image
Financing and Takeovers
Morellec, Erwan; Zhdanov, Alexei - Institut für Schweizerisches Bankwesen <Zürich> - 2006
This paper analyzes the interaction between financial leverage and takeover activity. We develop a dynamic model of …, and takeover terms, in which the bidder with the lowest leverage wins the takeover contest. Based on the resulting … bidder is below the industry average and that acquirers should lever up after the takeover consummation. The model also …
Persistent link: https://www.econbiz.de/10005858240
Cover Image
The Determinants of Takeovers: Recent Evidence from U.S. Thrifts
Cebenoyan, Fatma; Cebenoyan, A. Sinan; Cooperman, … - 2002
market liberalization and widespread takeover activity, 1994 to 2000.(...) …
Persistent link: https://www.econbiz.de/10005846646
Cover Image
The role of technology in M&As : a firm-level comparison of cross-border and domestic deals
Frey, Rainer; Hussinger, Katrin - Zentrum für Europäische Wirtschaftsforschung <Mannheim> - 2006
Technological change is often hypothesized as one of the main drivers of mergeractivities. This paper analyzes the role of technology in mergers and acquisitions(M&As) at the firm level. Based on a newly created data set that combines financialinformation and patent data for public limited...
Persistent link: https://www.econbiz.de/10008939765
Cover Image
Digital Technology and the Allocation of Ownership in theMusic Industry
Halonen-Akatwijuka, Maija; Regner, Tobias - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009
We apply the property rights theory of Grossman-Hart-Moore in the musicindustry and study the optimal allocation of …
Persistent link: https://www.econbiz.de/10009022168