Die Abhandlung zeigt die leicht verständliche Ableitung und einfache Anwendung eines optimalen Modells zur Liquiditätsplanung bei der Mittelaufnahme auf der Grundlage eines praktischen Beispiels.

We investigate a Cournot model with strategic R&D investments wherein efficient low-cost firms compete against less efficient high-cost firms. We find that an increase in the number of high-cost firms can stimulate R&D by the low-cost firms, while it always reduces R&D by the high-cost firms....

Focusing on employee retention is vital to increase organizational performance and strengthen a nation's economy. Employee turnover leads to high unemployment and slow economic growth around the globe. The purpose of this study was to explore the reasons and motivating factors that cause...

Managers would like to understand which strategies generate value in e-commerce environments, and researchers are just beginning to explore this issue. Which strategies are useful and which are not? In a step towards answering this question, we estimate the impacts of several competitive...

Increased integration and growing macroeconomic fluctuations require more attention to be paid to the link between the "noise" that these fluctuations represent and the company's own development. For many reasons management must weed out the effects of the "noise" so as to obtain a clear picture...

This article argues that the body of foreign direct investment (FDI) literature in general and the ownership, location, and internalization (OLI) paradigm in particular would be enriched if finance-specific factors are explicitly incorporated as drivers of FDI. We suggest that financial...

We thank three anonymous referees for thoughtful comments and suggestions which we found very constructive and helpful. We are particularly grateful to the editor, Al Klevorick, for his advice and painstaking guidance through the multiple revision process. We thank Robert Barsky, Susanto Basu,...

Information technology (IT) has become an integral part of an enterprise’s organizational life recently and represents an increasingly important factor for all kinds of organizations, since the services it provides have become almost essential by now for all types of enterprises in the...

In vielen Unternehmen gehören Projekte und Projektmanagement bereits zum Alltag. Die wachsende Bedeutung der Projektarbeit und die damit einhergehende Menge parallel abgewickelter Projekte führen zu neuen Herausforderungen, denen in der Unternehmenspraxis begegnet werden muss. Während...

Limited access of small enterprises to reliable and well-prepared information about their condition is mentioned as one of the main barriers to small business development. One of the key types of information used in management is financial information. It concerns the resources and financial...