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This study examines the reasons of perseverance in firm’s investment decision. It shows the possible influence of three closely related features which are: firm’s financial indicators, investor’s risk profile, and investor’s commitment bias, on a firm’s investment decisions escalation....
Persistent link: https://www.econbiz.de/10010857628
The aim of this paper is to study the process of symbolic value creation of human capital-intensive firms. Human capital is a critical resource for firms’ activities. Nevertheless, this dimension is often obscured by industrial economists. In the light of critical resource theory, we analyze...
Persistent link: https://www.econbiz.de/10010889824
This paper is mainly concerned with relationships between economic growth and gender discrimination in labor markets and education. Although discrimination in different fields has well been addresses and modelled in the economic literature, there are only a few growth models with endogenous...
Persistent link: https://www.econbiz.de/10010889826
internal organization for a nationally representative sample of firms, we empirically test for the existence of complementarity …Complementarity between performance pay and other organizational design elements has been argued to be one potential … find systematic evidence of complementarity between performance pay and decentralization of decision-making from principals …
Persistent link: https://www.econbiz.de/10012219318
Lean startup and the idea of a business model have become popular in the context of startup experimentation, innovation and strategy. In this paper we discuss and critique the assumptions behind lean startup, specifically how the approach conceives of hypothesis development and startup...
Persistent link: https://www.econbiz.de/10012848454
The modern world, marked by the phenomenon of globalization and the continuous change, represents a real challenge for the educational system. As the human resources are the most important creational force of value in the work process, a specific attention must be given to the mission statement...
Persistent link: https://www.econbiz.de/10012982997
This conference paper suggests that the problem of corporate ethics cannot be reduced to the autonomous person. Although the greatest influence on action and choice is one's moral constitution, it does not follow that the agent's behavior is the same within or without the firm. Ethics is a...
Persistent link: https://www.econbiz.de/10014221046
Existing studies suggest that platform access restrictions may cause restricted complementors to switch to competing platforms, which will increase complement quantity on competing platforms. We re-examine this prediction by accounting for the impact of economies of scope on complementor...
Persistent link: https://www.econbiz.de/10014030263
“Sustainable prosperity” denotes an economy that generates stable and equitable growth for a large and growing middle class. From the 1940s into the 1970s, the United States appeared to be on a trajectory of sustainable prosperity, especially for white-male members of the U.S. labor force....
Persistent link: https://www.econbiz.de/10014082107
What determines the prevalence of family firms? In this project, we investigate the role of historical family culture in the spatial distribution of family firms. Using detailed firm-level data from China, we find that there is a larger share of family firms in regions with a stronger historical...
Persistent link: https://www.econbiz.de/10013309622