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responsibility, governance and corporate reputation. Based on empirical study and extensive literature review, this book presents … imperative tool to combat white-collar crime and build corporate reputation. …
Persistent link: https://www.econbiz.de/10010883060
Intellectual capital has become the leading resource for creating economic value and there are an important number of publications focused on this area of research. In spite of the interest for this area of research, the existence of different terms regarding intellectual capital makes the...
Persistent link: https://www.econbiz.de/10011255200
Corporate self-regulation is a crucial non-market strategy, and has generally been understood as a response to regulatory threats. However, self-regulation can also influence the nature of regulatory threats, especially when firms have private information about their costs of abatement. We study...
Persistent link: https://www.econbiz.de/10011096390
This paper seeks to draw attention to a flaw in the firm’s Free Cash Flow model and related statement widely accepted in Corporate Finance. We argue that the common offset of any Current Liabilities against Current Assets distorts the FCF size, composition, and volatility, thereby misstating...
Persistent link: https://www.econbiz.de/10010544669
Syndication, which is a joint realization of one project/one investment by several capital providers, is a long existing phenomenon that plays a central role in many financial market segments. Within this paper we develop a theoretical model focusing on the dynamic aspect of syndication, namely...
Persistent link: https://www.econbiz.de/10005098025
deviation of investment from optimal condition. The reputation model between manager and owner suggest that the separate of …
Persistent link: https://www.econbiz.de/10005489439
In this paper we introduce concepts that build a theoretical notion of reputation risk and establish the need to extend … our approach to managing such risk.. The existing literature on reputation risk has tended to be reactive and focus on … corrosive may present an occasion for creative management. We suggest that proactive reputation risk policies and practices are …
Persistent link: https://www.econbiz.de/10010746546
We examine the convertible bonds whose conversion prices can be reset under certain conditions, by extending the asymmetric information framework of Stein (1992). These convertibles are more common in Japan and China and are in sharp contrast with the convertible bonds with fixed conversion...
Persistent link: https://www.econbiz.de/10010636263
Mai, felgyorsult ritmusú életünkben, meglepetésekkel, váratlan és robbanásszerű változásokkal teli világunkban a sikereseket és a veszteseket az különbözteti meg, hogy az előbbiek - "amőbaként idomulva »élőhelyükhöz«" (93. o.) - jól tűrik a bizonytalanságot, és...
Persistent link: https://www.econbiz.de/10010963263
Persistent link: https://www.econbiz.de/10010861627