General Motors' 1926 acquisition of Fisher Body has long served as a cornerstone of hold-up arguments for vertical integration. This paper utilizes primary historical evidence to make three related claims. First, it shows that GM's initial investment in Fisher occurred primarily to gain access...

The management of current assets is similar to the management of long term assets in the sense that the both the cases a firm analyses their effects on its return and risk. The management of long term and current assets, however, differs in three important ways: first, in managing long term...

Over the years, Geely has experienced failures, challenges, and successes. The company went from low- quality cars to new advance technology products such as electric cars. Geely will employ highly automated advanced manufacturing systems, including artificial intelligence and robotics with an...

The authors point out the entire business orientated automotive value chain. With regard to the finance perspective these elements of the value chain are scrutinized chapter by chapter. Current trends in new mobility concepts, cross-industry strategic alliances as well as requirements for...