This paper questions whether competition can replace sector-specific regulation of mobile telecommunications. We show that the monopolistic outcome may prevail independently of market concentration when access prices are determined in bilateral negotiations. A lighthanded regulatory policy can...

This case series explores the long-term relationship between Tempur Sealy (TPX, a mattress manufacturer) and Mattress Firm (MFRM, a bedding retailer and TPX's largest customer). For almost 20 years, the firms had enjoyed a mutually beneficial and commercially prosperous relationship. Yet in...

This paper presents selected case studies of mergers and acquisitions in the entertainment sector that took place in the 21st century. The analysis carried out allows us to conclude that M&A processes in the entertainment sector are as complex as M&A processes in technology industries and...

The global beer industry has transformed dramatically in recent decades. Two key trends include 1) consolidation resulting from mergers, acquisitions and joint ventures, and 2) the largest firms expanding into new regions. While beer was previously a very local product, these trends have...

The literature is characterized by a lack of research analyzing cross-border mergers and acquisitions (CBM&A) as a network. This article aims to evaluate the topology properties (the geographical and sectoral structure) of the global CBM&A network in 1990-2021. A quantitative study is conducted...

This paper provides evidence that the formation of global supply chain partnerships predicts significant increases, relative to otherwise similar firms, in cross-border financing. Our findings are detected in all three major financing markets - equities, syndicated loans, and public debt - as...

We document large cross-sectional variation in the speed of information diffusion between U.S. suppliers and their international principal customers. Based on the rigorous and comprehensive framework of risks in emerging markets from Karolyi (2015), we find that market operating efficiency is...

The restrictive measures that have been imposed from March 2020 on business activities in several countries to reduce the spread of the COVID-19 pandemic can be interpreted as shocks to global supply chains. We propose some agent-based models to evaluate the economic effects of different...

Lack of transparency in the global supply chains has emerged as a major risk for sustainability in the recent times. This is due to customer awareness about human rights and environmental issues and government legislations in the hosting countries to hold the organizations responsible for the...