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Leaving the L-Space; Kundenintegration als Erklärungsansatz multinationaler Unternehmen im Dienstleistungssektor - Eine Weiterentwicklung des OLI-Modells
Radmacher-Nottelmann, Nils A. - 2010
Das Wachstum multinationaler Unternehmen (MNU) wird zunehmend durch Investitionen von Dienstleistungsunternehmen vorangetrieben. Die Produktion von Dienstleistungen unterscheidet sich allerdings in mehreren Aspekten von der Herstellung klassischer Industriegüter. Eine zentrale Eigenschaft ist...
Persistent link: https://www.econbiz.de/10009447148
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Facing the Debt Challenge of Countries that are Too Big to Fail
Schwarcz, Steven L. - 2010
The recent financial woes of Greece and other nations are reinvigorating the debate over whether to bail out defaulting countries or, instead, restructure their debt. Bailouts are expensive, in the case of Greece costing potentially hundreds of billions of euros. But a bailout was virtually...
Persistent link: https://www.econbiz.de/10009471555
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Innovation after the Revolution: Foreign Sovereign Bond Contracts Since 2003
Gulati, Mitu; Gelpern, Anna - 2009
For over a decade, contracts literature has focused on standardization. Scholars asked how terms become standard, and why they change so rarely. This line of inquiry painted a world where a standard term persists until it is dislodged by another standard term, perhaps after a brief window of...
Persistent link: https://www.econbiz.de/10009471577
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Feel-Good Formalism
Gulati, Mitu; Gelpern, Anna - 2009
This essay highlights a phenomenon that has no place in the conventional theory of sophisticated business contracts: the term that makes no sense as an enforceable promise, one that defies functional explanation, one that drafters blush to rationalize in retrospect or chalk up to honest mistake....
Persistent link: https://www.econbiz.de/10009471591
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Political Risk and Sovereign Debt Contracts
Gulati, Mitu; Choi, Stephen J.; Posner, Eric A. - 2011
Default on sovereign debt is a form of political risk. Issuers and creditors have responded to this risk both by strengthening the terms in sovereign debt contracts that enable creditors to enforce their debts judicially and by creating terms that enable sovereigns to restructure their debts....
Persistent link: https://www.econbiz.de/10009471592
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The Economics of Corporate Bankruptcy Law
Wohlschlegel, Ansgar - 2002
Apart from an extensive survey of the literature on the economics of corporate bankruptcy law, this thesis contains three own contributions: First, a model is presented where a firm's manager acquires some private information about whether a firm should be liquidated or stay in business....
Persistent link: https://www.econbiz.de/10009476240
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Three Essays on Intra-Creditor Coordination Failures in Sovereign Debt Restructuring
Engelen, Christian - 2007
(rein marktbasierten) vertraglichen Ansatzes zur Umschuldung von Staatsanleihen aufstrebender Volkswirtschaften zu leisten …?ngsten Umschuldung argentinischer Staatsanleihen kam es zum ersten Mal in der neueren Geschichte von Finanzkrisen dazu, dass die … Umschuldung staatlicher Anleihen zumindest teilweise auf eine mangelhafte Koordination im Rahmen eines Assurance-Spiels unter den …
Persistent link: https://www.econbiz.de/10009484806
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Clean development mechanism: Perspectives from developing countries
Sari, Agus P.; Meyers, Stephen - 2008
acceptance of CDM. The outgrowth of CDM from a proposal from Brazil to establish a Clean Development Fund gave developing …
Persistent link: https://www.econbiz.de/10009435560
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Conservation potential of compact fluorescent lamps in India and Brazil
Gadgil, A.; Martino Jannuzzi, G. de - Universidade Estadual de Campinas, SP - 2008
electrical energy and peak demand in India and Brazil. Using very conservative assumptions, we find that the cost of conserved … of avoided peak installed capacity is 6 and 9.5 times less than the cost of new installed capacity for India and Brazil … national savings of the order of US $1.2 million per day for India and US $2.5 million per day for Brazil are reached in 10 …
Persistent link: https://www.econbiz.de/10009436308