Similar Search Results

Optimal Order Exposure in a Limit Order Market

Chen, Yuanyuan - 2017

Hidden orders are offered by many lit trading venues for participants to hide the true size of their orders. To help a risk-neutral trader executing a target volume to minimize the execution cost by benefitting from the setting of a limit order market allowing hidden orders, we propose a...

Persistent link: https://www.econbiz.de/10012960559

Opportunistic Proposals by Union Shareholders

Matsusaka, John G. - 2018

from management. This paper investigates whether labor unions use proposals opportunistically to influence contract … negotiations. Our empirical strategy relies on the observation that proposals have higher bargaining-chip value in contract … expiration years, when a new contract must be negotiated. We find that in contract expiration years compared to nonexpiration …

Persistent link: https://www.econbiz.de/10012936891

Opportunistic proposals by union shareholders

Matsusaka, John G.; Ozbas, Oguzhan; Yi, Irene - In: The review of financial studies 32 (2019) 8, pp. 3215-3265

Persistent link: https://www.econbiz.de/10012033910

Material Adverse Change Clauses and Acquisition Dynamics

Denis, David J. - 2012

Material-Adverse-Change clauses (MACs) are present in virtually every acquisition agreement. These clauses are the outcome of extensive negotiation and exhibit substantial cross-sectional variation in the number and types of events that are excluded from being ‘material adverse events' (MAEs)....

Persistent link: https://www.econbiz.de/10013116114

Dual sourcing with price discovery

Alcalde, José; Dahm, Matthias - 2016

Reverse auctions are considered a fast and inexpensive price discovery tool to award procurement contracts and it is often desirable to award contracts to more than one supplier. We propose a new procurement procedure that is based on a reverse auction. Shares are allocated endogenously,...

Persistent link: https://www.econbiz.de/10011448760