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Exports represent an entry mode into international markets that is less risky than more direct strategies, therefore it particularly fits SMEs (small-medium enterprises) that generally have a few resources to invest. In the case of emerging markets because of the high psychic distance, SMEs tend...
Persistent link: https://www.econbiz.de/10010951590
This contribution studies the role of the size of mutual funds in the evaluation of the fund performance with a data envelopment analysis (DEA) approach, with the aim of studying the issue from different angles and with different statistical tools and of testing the presence of economies or...
Persistent link: https://www.econbiz.de/10010951591
The "hard-easy effect" is a well-known cognitive bias on self-confidence calibration that refers to a tendency to overestimate the probability of success in hard-perceived tasks, and to underestimate it in easy-perceived tasks. This paper provides a target-based foundation for this effect, and...
Persistent link: https://www.econbiz.de/10010951592
We examine languages under two-dimensional uncertainty about the stateÑ the type and support of the state-distribution as well as the state is ex-ante uncertain. We consider communication between an uninformed decision maker and an imperfectly informed speaker. We show that this two-dimensional...
Persistent link: https://www.econbiz.de/10010951593
This paper, building on R&D integration and improvisation literature, explores how firms organize to jointly develop common product platforms if their integration process is still in progress. In order to address our exploratory research question, we draw on a unique set of empirical data...
Persistent link: https://www.econbiz.de/10010951594
Our study aims to contribute to the literature on leadership development through the lifespan, by providing an empirical evidence of the dynamic processes related to leadership development in early stages. This research advances the understanding on how higher education institutions can...
Persistent link: https://www.econbiz.de/10010951595
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Persistent link: https://www.econbiz.de/10010951596
The present study tests the impact of accounting tradition, financial leverage and book to market ratio on the fair value choice for a sample of 427 Anglo-Saxon and Continental European companies. We show that, in terms of accounting choices, differences between Anglo-Saxon and Continental...
Persistent link: https://www.econbiz.de/10010951597
In this paper, we focus on the internationalization strategies implemented by Middle Size Multinational Enterprises (MMNE) in Chinese markets. We assume that these strategies differs from those of the large multinational companies. Differences explained by the size of the company (medium)...
Persistent link: https://www.econbiz.de/10010951598
This paper investigates whether the geographical proximity of financial analysts to hubs of information and expertise can influence their forecasting accuracy. Recent studies show that the financial analyst forecasting process show a systematic difference in earnings forecast accuracy dependent...
Persistent link: https://www.econbiz.de/10010951599