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Explicit Evidence of an Implicit Contract
Young, Andrew T.; Levy, Daniel - In: The Journal of Law, Economics, and Organization 30 (2014) 4, pp. 804-832
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
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The Slow and Hidden Road to Serfdom
Bernholz, Peter - In: CESifo Forum 14 (2013) 2, pp. 61-74
Persistent link: https://www.econbiz.de/10011696113
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GDPR vs. Big Data & AI in FinTechs
Varmaz, Nermin - In: Vierteljahrshefte zur Wirtschaftsforschung 89 (2020) 4, pp. 55-71
This article addresses the compliance of the use of Big Data and Artificial Intelligence (AI) by FinTechs with European data protection principles. FinTechs are increasingly replacing traditional credit institutions and are becoming more important in the provision of financial services,...
Persistent link: https://www.econbiz.de/10014001301
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The Value of Contracts from a Notarial Institutional Perspective
Lazar, Roxana Elena - In: CES Working Papers 4 (2012) 3, pp. 356-363
The starting point of the theory of contracts coincides with the Roman era, but the moment related to the strengthening of the contract theory is the "social contract". Another episode relevant to this theory is represented by the trend "institutionalism". The institutional value has...
Persistent link: https://www.econbiz.de/10012017011
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Nachhaltigkeitsziele in der Wirtschaftspolitik – juristische Überlegungen
Bechtold, Stefan - In: Wirtschaftsdienst 102 (2022) 5, pp. 334-337
In Europe, legislators are increasingly introducing sustainability goals into the system of private law. By prohibiting certain conduct, increasing transparency, nudging companies, as well as changing institutions, procedures and liability regimes, legislators complement private law with tools...
Persistent link: https://www.econbiz.de/10013343100
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Should law keep pace with society? Relative update rates determine the co-evolution of institutional punishment and citizen contributions to public goods
Roithmayr, Daria; Isakov, Alexander; Rand, David - In: Games 6 (2015) 2, pp. 124-149
Until recently, theorists considering the evolution of human cooperation have paid little attention to institutional punishment, a defining feature of large-scale human societies. Compared to individually-administered punishment, institutional punishment offers a unique potential advantage: the...
Persistent link: https://www.econbiz.de/10011709843
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A critique of Bangladeshi adoption of basel type capital regulation: an institutional view
Hasan, A K M Kamrul; Suzuki, Yasushi - In: Financial Internet Quarterly 16 (2020) 2, pp. 49-65
International concern on bank capital and minimum capital adequacy was first raised in 1980, in the G-10 countries governors meeting at the Bank for International Settlements (BIS) to respond to a series of bank failures and financial instability observed in Western developed economies. Later,...
Persistent link: https://www.econbiz.de/10013466246
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An Empirical Examination of SBA Guaranteed Loans: Rates, Collateral, Agency Costs, and the Time to Obtain the Loan
Brau, James C.; Osteryoung, Jerome S. - In: Journal of Entrepreneurial Finance 6 (2001) 1, pp. 1-23
We empirically examine a sample of over 350 entrepreneurial firms that successfully receive an SBA guaranteed loan. The first portion of the paper contains descriptive statistics that lend anecdotal evidence concerning the organization type of borrowers, the incidence of collateral, the reasons...
Persistent link: https://www.econbiz.de/10011310372
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The Impact of Bank Structure on Small Business and Small Farm Lending
Craig, Steven G.; Hardee, Polly T. - In: Journal of Entrepreneurial Finance 6 (2001) 1, pp. 59-83
This paper empirically explores the impact of bank size, holding company affiliation and the degree of branching on small business and farm lending through a conceptual analysis encompassing private information asymmetries inherent in these bank dependent borrowers. The study expands the...
Persistent link: https://www.econbiz.de/10011310375
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Quality of disclosed information with emphasis on goodwill impairment
Boučková, Markéta - In: European Financial and Accounting Journal 11 (2016) 2, pp. 37-52
This paper focuses on an analysis of the mandatory disclosure of goodwill impairment information in compliance with the … information concerning the goodwill impairment such as the carrying amount of goodwill allocated to the cash generating unit … disclosure requirements of goodwill impairment has shown generally low level of compliance within the selected companies. The …
Persistent link: https://www.econbiz.de/10011937447