Narrow search
Showing 1 - 10 of 1,897
Cover Image
Capital structure, competition and takeover transactions
Zhdanov, Alexei - 2006
Persistent link: https://www.econbiz.de/10003946507
Cover Image
The limited liability effect in experimental duopoly markets
Oechssler, Joerg; Schuhmacher, Frank - 2001
effects on product market competition. We test their model in a duopoly experiment under both, Bertrand and Cournot … competition. We find that leverage has strategic effects, but those effects are much weaker than predicted by theory. Specifically …, we find for price competition a general tendency towards collusion, which has the same overall consequences - but …
Persistent link: https://www.econbiz.de/10011539878
Cover Image
The limited liability effect in experimental duopoly markets
Oechssler, Joerg; Schuhmacher, Frank - 2001
Persistent link: https://www.econbiz.de/10001645854
Cover Image
The limited liability effect in experimental duopoly markets
Oechssler, Joerg; Schuhmacher, Frank - In: International journal of industrial organization 22 (2004) 2, pp. 163-184
Persistent link: https://www.econbiz.de/10001924139
Cover Image
Corporate financing and product market competition : an overview
Cestone, Giacinta - In: Giornale degli economisti e annali di economia 58 (1999) 2, pp. 269-300 = Vol. 112
Persistent link: https://www.econbiz.de/10001755134
Cover Image
Corporate governance and employee power in the boardroom : an applied game theoretical analysis
Balsmeier, Benjamin (contributor) - 2011
The discussion about employee representation on supervisory boards has received much attention from scholars and politicians around the world. We provide new insights to this ongoing debate by employing power indices from game theory to examine the "real" power of employees on boards and its...
Persistent link: https://www.econbiz.de/10009306574
Cover Image
Will the Convergence Towards a 'High Quality' Accounting Standard Be the Natural Result? A Study on a Game Theory for the Consequences of Global Accounting Convergence
Taguchi, Satoshi - 2011
The purpose of this paper is to study whether or not the convergence towards a 'high quality' accounting standard will be the natural result. One of the purposes of IASB is to make high quality accounting standards because of the convergence. It seems that the best strategy for the convergence,...
Persistent link: https://www.econbiz.de/10013131392
Cover Image
Destructive Coordination
Whitehead, Charles K. - 2011
An important goal of financial risk regulation is promoting coordination. Law's coordinating function minimizes costly conflict and encourages greater uniformity among market participants. Likewise, privately developed market standards, such as standard-form contracts and rules incorporated into...
Persistent link: https://www.econbiz.de/10013133135
Cover Image
Skin in the Game and Moral Hazard
Chemla, Gilles - 2013
What determines securitization levels, and should they be regulated? To address these questions we develop a model where originators can exert unobservable effort to increase expected asset quality, subsequently having private information regarding quality when selling ABS to rational investors....
Persistent link: https://www.econbiz.de/10013092549
Cover Image
Bankruptcy Boundary Games
Skeel, David A. - 2010
For the past several decades, Congress has steadily expanded the exclusion of securities market operations from core bankruptcy protections. This Article focuses on three of the most important of these issues: the exclusion of brokerage firms from Chapter 11; the protection of settlement payments...
Persistent link: https://www.econbiz.de/10013151622