In our article is shown that no matter how good is the organization of the enterprises in stock market, sooner or later some financial and organizational difficulties will appear. Hence, the idea of assigning the analytical form of the logistic law based on selected financial data, enabling the...

Christian Funke aims at developing a better understanding of a central asset pricing issue: the stock price discovery process in capital markets. Using U.S. capital market data, he investigates the importance of mergers and acquisitions (MA) for stock prices and examines economic links between...

In this paper, we study the effect of a firm's local channel exits on prices charged by incumbents remaining in the marketplace. Exits could result in higher prices due to tempered competition or lower prices due to reduced co-location or agglomeration benefits. The net effect of these two...