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Most studies of industrial restructuring and regional adjustment are focused upon the local consequences or causes of restructuring. Few studies are focused upon corporate strategy, an essential ingredient for a better understanding of the motive forces behind restructuring. This paper is an...
Persistent link: https://www.econbiz.de/10009441457
We propose an industry-level index of capital liquidity -- defined as the share of used capital in aggregate industry capital expenditure -- that relates (inversely) to sunkenness of capital investment. We then test the effect of capital liquidity on the dispersion and mean of industry...
Persistent link: https://www.econbiz.de/10009476588
profitability of Russian enterprises in the region of Omsk. Based on the finalyearly reports of the enterprises it is shown, that in … this article only the gross profit, or the profitability of the grossprofit are discussed. For the year 2000, the average … profitability of the gross profit of the examinedenterprises amounted to 2,0 %. The profitability on the basis of the profit before …
Persistent link: https://www.econbiz.de/10009446947
bulk purchase and buying price of milk, during the years 1998 to 2004, including a survey of the costs, profits and the … marketability of milk in the given years. During the year 2004, the purchase price of milk, including compensation payment, ranged … lack of profitability. This was a result of speeding growth rate in expenditure over milk yield. The level of expenditure …
Persistent link: https://www.econbiz.de/10011315954
The merger wave that took place during the first phase of globalization, which lasted from 1895 to 1914, changed the … merger announcements; thereby, a higher market value is the recipe for success and not firm size. Encouraged by the results … values stemming from a merger announcement, another question would arise. Which type of shareholder gains from higher market …
Persistent link: https://www.econbiz.de/10009475337
. Problems that may occur during post-merger integration include the incompatibility of the partners? technologies and the … Unternehmen nicht den richtigen Partner findet oder keine Unterst?tzung von seinen Investoren erh?lt. W?hrend der Post-Merger …
Persistent link: https://www.econbiz.de/10009481003
most of Amazon’s customers. Thecross-price elasticity of new-book demand with respect to used-bookprices is only 0.088. As …
Persistent link: https://www.econbiz.de/10009435039
. Consumers face low search costsfor price information from Amazon.com. It leads to a higher priceelasticity when the firm reduces … prices than when it increases prices,increasing Amazon's incentive to engage in price competition. On theother hand … pricecompetition. We also find that search costs decrease with the passage oftime as the information about price changes dissipates …
Persistent link: https://www.econbiz.de/10009435104
substitutes for new books for most of Amazon’s customers. The cross-price elasticity of new book demand with respect to used book …
Persistent link: https://www.econbiz.de/10009441245
The ready-to-eat cereal industry is characterized by high concentration, high price-cost margins, large advertising to … industry is a classic example of an industry with nearly collusive pricing behavior and intense non-price competition. This … paper empirically examines this conclusion. In particular, I estimate price-cost margins, but more importantly I am able …
Persistent link: https://www.econbiz.de/10009442578