Showing 1 - 10 of 207
Prior to being a simple concept, the entrepreneurial failure is a multidimensional phenomenon. To contribute to its … comprehension, this paper proposes to develop a synthetic vision of failure in order to escape a behavioral and partial approach … between the performance (or failure) of companies and some environmental variables. We also introduce a dynamic view of …
Persistent link: https://www.econbiz.de/10011540244
We offer the first direct evidence of an implicit contract in a goods market. The evidence comes from the market for Coca-Cola. Since implicit contracts are unobservable, we adopt a narrative approach to demonstrate that the Coca-Cola Company left a written evidence of the implicit contract with...
Persistent link: https://www.econbiz.de/10012140624
The U.S. financial markets faced an unprecedented rapid decline and recovery on May 6, 2010, known as the May 6 flash crash. Roughly one trillion $ market value in less than thirty minutes vanished with the biggest one-day point decline in the history of the DJIA at the time. Since the market...
Persistent link: https://www.econbiz.de/10014501766
Schließungen nicht wettbewerbsfähiger Betriebe sind ein wesentliches Element der Marktwirtschaft, werden aber oft kontrovers diskutiert. Wie hoch ist das Risiko einer Betriebsschließung überhaupt und wie hat es sich im Lauf der Zeit entwickelt? Welche Betriebe sind besonders gefährdet?...
Persistent link: https://www.econbiz.de/10011617652
Predicting bankruptcy of companies has been a hot subject of focus for many economists. The rationale for developing and predicting the financial distress of a company is to develop a predictive model used to forecast the financial condition of a company by combining several econometric...
Persistent link: https://www.econbiz.de/10012611274
This manuscript is devoted to the issue of forecasting corporate bankruptcy. Determining a firm's bankruptcy risk is one of the most interesting topics for investors and decision-makers. The aim of the paper is to develop and to evaluate dynamic bankruptcy prediction models for European...
Persistent link: https://www.econbiz.de/10012611198
Purpose: Beginning from the assumption that accrual accounting is useful in ensuring the high performance of management systems, this article investigates explanatory factors concerning the level of accrual accounting adoption in municipalities on the Indonesia island of Java....
Persistent link: https://www.econbiz.de/10012622945
In highly developed countries, research in the field of bankruptcy risk prediction has been conducted for many years. For example, in the United States, which can be considered a pioneering country, the first publications appeared in the early twentieth century. In Poland, due to political and...
Persistent link: https://www.econbiz.de/10013466206
Recent research has revealed enormous variation in performance and growth among firms, which both drives and is driven by large reallocations of inputs and outputs across firms (churning) within industries and markets. These differences in firm-level outcomes and the associated turnover of firms...
Persistent link: https://www.econbiz.de/10011404873
The keys to effective teamwork in firms are (1) carefully designed team-formation policies that take into account what level of diversity of skills, knowledge, and demographics is desirable and (2) balanced team-based incentives. Employers need to choose policies that maximize the gains from...
Persistent link: https://www.econbiz.de/10011404909