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The advantage of multiple sourcing to protect against supplier failures arising from undependable products due to latent defects is examined using a model with non-linear external failure costs. Prior research has focused only on supplier failures arising from unreliable supply, such as...
Persistent link: https://www.econbiz.de/10014045047
The purpose of this work is to draw a panorama of the evolution of the restructuring strategies of the transnational firms in the world wine industry across the period 1980-2005. The main forms of development of these firms - mergers, acquisitions, and joint ventures - are identified based on an...
Persistent link: https://www.econbiz.de/10004992650
Based on a neo-institutionalist theoretical framework and using the Agrodata databank, the present paper analyses the main drivers underlying the restructuring operations of the top 100 multinational food processing enterprises worldwide and draws the map of the world's new agri-food landscape....
Persistent link: https://www.econbiz.de/10004992663
Aim/purpose - The aim of this paper is to present a strategy that allows companies to recover from disasters, when … of the strategy in case of small and big disasters. Thanks to the proposed solution, it is possible to analyze each … wealth in the case of small disasters. The advantage of the proposed approach is that one can freely test which strategy can …
Persistent link: https://www.econbiz.de/10013166676
While tax avoidance strategies result in greater after-tax cash flows, they can involve uncertain future outcomes, which can impose significant costs on firms. Thus, the extent to which tax avoidance increases firm risk is unclear. This paper re-examines the relation between tax avoidance and...
Persistent link: https://www.econbiz.de/10012891074
This study aims at (1) developing an index to measure CEO risk tolerance using publicly available data, and (2) examining the association between this index and investment in risky projects. Using relative pay-at-risk as a proxy for risk preference (tolerance) is a new proposition and is...
Persistent link: https://www.econbiz.de/10013006448
The paper explains why some firms transfer their technology to competitors without direct compensation. We consider a Hotelling market where duopolists sell products with different qualities. This market consists of heterogeneous consumers, comprising two groups in terms of their valuations of...
Persistent link: https://www.econbiz.de/10011421472
This paper examines how a radical technological innovation affects alliance formation of firms and subsequent network structures. We use longitudinal data of interfirm R&D collaborations in the biopharmaceutical industry in which a new technological regime is established. Our findings suggest...
Persistent link: https://www.econbiz.de/10010325532
Even though small- and medium-sized firms (SMEs) were believed not to proceed beyond exporting in their internationalization routes, we can observe new types of co-operation intensive entrepreneurial firms – so-called “micromultinational enterprises” (mMNEs) – entering the global...
Persistent link: https://www.econbiz.de/10010271408
Die IT Infrastructure Library (ITIL) gilt heute als weltweit führender De-facto-Standard für das IT-Servicemanagement (ITSM). Obwohl der Standard mittlerweile in der in 2007 veröffentlichten dritten Version vorliegt, haben Datenschutzbelange bis heute kaum Eingang gefunden. Das Arbeitspapier...
Persistent link: https://www.econbiz.de/10010310470