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We suggest a unified framework to explain the following stylized pattern in the development of contractual governance and industrial organization. Contractual governance in many emerging economies is characterized by relational contracting. Coincident with relational contracts are large,...
Persistent link: https://www.econbiz.de/10014122377
This case provides background material about the takeover attempt of one of the world's largest automobile manufacturers, Volkswagen, by the small sports car manufacturer, Porsche. It covers the period from spring 2005 through August 2009. This drama ends in a complete reversal, the acquisition...
Persistent link: https://www.econbiz.de/10013111547
ownership distributions, control is either fully held by one party, or no party in particular.The paper therefore model control … that in absence of bargaining, any model of such JV is discontinuous in the ownership distribution in that for di erent … indigenization policies that restrict foreign ownership. …
Persistent link: https://www.econbiz.de/10011092144
enterprises” (mMNEs) – entering the global landscape. These firms face the challenge to manage and control a portfolio of national …
Persistent link: https://www.econbiz.de/10010271408
control of firms. This must not imply a shift to arm's length finance, if these institutional investors develop relationships … relationship banking and relationship investing within the theory of the firm and compares the financial and corporate control …
Persistent link: https://www.econbiz.de/10010319246
control of firms. This must not imply a shift to arm's length finance, if these institutional investors develop relationships … relationship banking and relationship investing within the theory of the firm and compares the financial and corporate control …
Persistent link: https://www.econbiz.de/10010958197
control of firms. This must not imply a shift to arm's length finance, if these institutional investors develop relationships … relationship banking and relationship investing within the theory of the firm and compares the financial and corporate control …
Persistent link: https://www.econbiz.de/10004988453
complements rather than substitutes to finance and control firms with different redeployability and information opaqueness of …
Persistent link: https://www.econbiz.de/10005134639
advantages depend on two kinds of asset specificity. They are complements to finance and control firms with different …
Persistent link: https://www.econbiz.de/10005134668
advantages depend on two kinds of asset specificity. They are complements to finance and control firms with different …
Persistent link: https://www.econbiz.de/10005134829