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We consider mergers in an innovation contest between n firms in the presence of synergetic effects. We assume that a …
Persistent link: https://www.econbiz.de/10005690229
Persistent link: https://www.econbiz.de/10005690238
We analyze differentiated retail industries where shops engage in two-stage competition with respect to opening hours and prices. We explore the effects of consumers' shopping time flexibility by comparing bi-directional consumers with forward- or backward-oriented consumers, who can either...
Persistent link: https://www.econbiz.de/10010278064
Many scholars underline the significance of clusters for knowledge spillovers and related benefits in terms of innovation and firm competitiveness. The Industry 4.0 technological scenario emphasizes dispersed technologically interconnected activities and distributed knowledge management...
Persistent link: https://www.econbiz.de/10014525571
The main goal of the study was to examine or investigate the impact of strategic management practices on the growth of SMEs in Ghana. Purposive sampling technique was employed to sample 190 SMEs in Accra, though 150 SMEs responded to the questionnaire. With the help of SPSS version 22, Multiple...
Persistent link: https://www.econbiz.de/10012703674
resulting merged subgame perfect equilibria show that there is strictly more merging under contest than under Cournot … competition. We also compare our findings with the previous results on contest models with delegation and find that the outcomes …
Persistent link: https://www.econbiz.de/10010317662
resulting merged subgame perfect equilibria show that there is strictly more merging under contest than under Cournot … competition. We also compare our findings with the previous results on contest models with delegation and find that the outcomes …
Persistent link: https://www.econbiz.de/10011539675
When in-store display influences consumer choices, shelf space allocation can be strategically used by retailers to extract payments from manufacturers. The paper finds that manufacturers with better brand names have higher willingness-to-pay for shelf spaces. Shelf space fees soften inter-brand...
Persistent link: https://www.econbiz.de/10009298680
We contribute to the literature on cross shareholdings and board interlocks in Italy which finds possible evidence of enlarged collusion, that is, collusion established through board interlocks among companies that do not necessarily operate in the same business sector. We focus on the Italian...
Persistent link: https://www.econbiz.de/10013127863
The primary role of equity compensation is to provide incentives to an effort-averse agent. Here, we show that the chosen level of equity incentives, when publicly disclosed, will also convey information about future earnings, causing two-way linkages between incentive compensation and financial...
Persistent link: https://www.econbiz.de/10013131447