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We find that reduced foreign corporate taxes may lead to inefficient foreign acquisitions if complementarities between foreign and domestic assets are low, and to efficient foreign acquisitions if such complementarities are high. Moreover, with large complementarities, foreign acquisitions can...
Persistent link: https://www.econbiz.de/10005645321
Journal of Business Ethics and the Journal of Personal Selling & Sales Management maintaining their position as the main …The study examines the research methodology of more than 200 empirical investigations of ethics in personal selling and … sales management between 1980 and 2010. The review discusses the sources and authorship of the sales ethics research. To …
Persistent link: https://www.econbiz.de/10011242092
more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Preemptive …
Persistent link: https://www.econbiz.de/10008865973
more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Such …
Persistent link: https://www.econbiz.de/10010877893
effects on the sales price. Moreover, preemptive acquisitions by incumbents are shown to stimulate the process of creative …
Persistent link: https://www.econbiz.de/10004964394
Persistent link: https://www.econbiz.de/10005810006
This paper aims at discussing the specificity of the banking governance and analysing the ownership structure of the …
Persistent link: https://www.econbiz.de/10010658841
financial system, on competition in the market forbanking and financial services, and on the reallocation of bank ownership … in efficiencyand competitiveness. Consolidation did not, however, offset the increasing distortions in the ownership …
Persistent link: https://www.econbiz.de/10010752497
financial system, on competition in the market forbanking and financial services, and on the reallocation of bank ownership … in efficiencyand competitiveness. Consolidation did not, however, offset the increasing distortions in the ownership …
Persistent link: https://www.econbiz.de/10010752545
The possible existence of a link between the structure of firms' equity and profitability is a recurrent question among economists. The primary objective of this article is to provide a critical analysis of the two most recent hypotheses on the subject, one put forward by Demsetz, and the other...
Persistent link: https://www.econbiz.de/10010708491