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The German biotechnology lag illuminates the difficulties of finding appropriate organizational forms of R&D for “embryo” innovations requiring the continued involvement of basic research scientists even after innovation has advanced to the stage of commercial product development. The...
Persistent link: https://www.econbiz.de/10005715317
Ergebnisse zeigen, dass die betriebliche Entscheidung für eine naturschutzfachliche Optimierung abhängig ist von der …
Persistent link: https://www.econbiz.de/10011070486
) CAPM capital budgeting decision-making based on disequilibrium NPV is deductively inferred by the Capital Asset Pricing … Model, (ii) the use of the disequilibrium NPV is widespread in finance both as a decision rule and as a valuation tool, (iii …’s (2005) project valuation method, on the basis of which Magni’s criticism to NPV is objected, leaves decision makers open to …
Persistent link: https://www.econbiz.de/10005836868
Der Bericht weißt auf eine neue Einrichtung des Sächsischen Staatsministeriums für Wirtschaft hin. In Zusammenarbeit mit dem Rationalisierungskuratoriums der Deutschen Wirtschaft Sachsen wurde das Förderprogramm "Begleitende Beratung - Coaching" entwickelt. Das Programm bietet den...
Persistent link: https://www.econbiz.de/10008594321
dividend policy may be influenced by managers “catering” to the demands of investors and also the effects of aggregate earnings …
Persistent link: https://www.econbiz.de/10010617374
Persistent link: https://www.econbiz.de/10004998677
, exerting pressure on management to deliver good corporate performance. On the other hand, in Germany, we find an important role … of banks that exert direct control over firm´s management and its strategic decision-making. As for corporate finance …
Persistent link: https://www.econbiz.de/10011195184
probabilities assumed in Knightian decision theory. I argue that some standard uses of classical inference are Knightian in spirit … classical statisticians act unconsciously as Knightian decision makers. If one accepts this argument, then it is of interest to …
Persistent link: https://www.econbiz.de/10005762490
theory of options in financial markets, which permits a much richer dynamic framework than was possible with the traditional … theory of investment. The authors present the new theory in a clear and systematic way, and consolidate, synthesize, and … extend the various strands of research that have come out of the theory. Their book shows the importance of the theory for …
Persistent link: https://www.econbiz.de/10011115766
Eine Auswertung der Lebensläufe von 426 Aufsichtsratsmitgliedern in den 29 größten deutschen Banken, die von Marcel Thum, ifo Dresden, und Harald Hau, INSEAD, Fontainebleau, vorgenommen wurde, zeigt, dass Finanzmarkt- und Bankerfahrung von Aufsichtsratsmitgliedern besonders in den...
Persistent link: https://www.econbiz.de/10005013311