The purpose of this paper is to analyse the economic convergence of the European Union in terms of the effects of European Monetary Union (EMU), which began in 1999 and possible conflict with, 'social mobility' in Europe. Our focus is on the low rate of mobility in the labour market. We assume...

Leslie Willcocks and Chong Ju Choi address the issue of whether cases of 'total' IT outsourcing merit descriptions such as 'strategic alliance' 'cooperative' or 'strategic partnership'. The business strategy literature is used to elicit developments in conceptual aspects of strategic alliances...

This paper examines the relationships between the changes in the firm's capital structure and their effects on the firm's market value for three different levels of systematic risk. The underlying assumption of signalling is that when a firm changes its capital structure, its market value might...

This paper develops a conceptual framework for analyzing organizational responses to contractual uncertainty in the context of emerging economies. Elaborating on Hennart's (1989) transaction cost rationale for countertrade, we develop a typology of exchange and transaction governance pertinent...

This paper refers to herding behaviour as developed in Bikhchandani et al. (1992), Bannerjee (1992) and Choi and Scarpa (1994). We examine the behaviour of a potential customer who does not know how many of her predecessors decided not to purchase the product. We show that, ceteris paribus, a...