This paper develops a simple model to analyze the effects of mergers in complementary system markets when the merged firm is able to engage in bundling. In particular, I analyze the impact of (mixed) bundling on pricing decisions for existing generations of products and derive welfare...

Product design has increasingly been recognized as an important source of competitive advantage. This paper empirically estimates the impact of effective design on the market value of the firm. We use a firm's receipt of a product design award as a proxy for its design effectiveness. Based on...

The study aimed at providing a modern and concrete perspective on the role of dividends in Zimbabwe, a developing economy, by examining views regarding the role of the relevance of the conventional signaling theory. The objective of this study was to add to the knowledge body concerning stock...