The efficient operation of sewerage services is impacted by various factors such as geographical and topographical conditions, diversity of vertical and horizontal organizational structure, ownership types, and level of public-private partnership. The Ministry of Land, Infrastructure, Transport...

In a historical retrospective, although the existing literature calls the management consulting industry an extraordinary sector and a unique phenomenon in the business context, in fact these statements are not accompanied by a number of academic studies that emphasize the importance of the...

This paper investigates the effects of mergers on the product mix of multiproduct firms. Thus, we open the black box of post-merger efficiency improvements to reveal a new margin of adjustment along the product dimension. We analyze horizontal mergers in a theoretical model where oligopolistic...

Digital platforms have become an important part of the digital economy by facilitating transactions between large numbers of users and by fostering innovation on collaborative platforms. In combination with technical platform services, some platform operators have managed to create powerful...

Digital platforms have become an important part of the digital economy by facilitatingtransactions between large numbers of users and by fostering innovation on collaborativeplatforms. It is striking that platform-based services are dominated by a small number ofglobal players. Most of them are...

After the financial crisis of 2008, the financial soundness of the firms has gained a lot of attention from the regulators, academicians, the public etc. Therefore, the authors wanted to investigate the factors that determine financial soundness of companies. The analysis is conducted on the...

Communication between seller and buyer is done through multiple channels. There are multiple ways to use technical media and channel selection to create more information, but does this lead to a better performance of a firm? Research on the impact of different marketing channels in the industry...

This paper incorporates the interdisciplinary New Institutional Economics in a comprehensive framework for analyzing risk management in the agri-food sector. First, it specifies the diverse types of agri-food risks (natural, technical, behavioral, economic, policy, etc.) and the modes of their...

We test a sample of 3,586 banks from 33 European countries to determine whether performances above or below a social aspiration level (median performance of peer banks) influence banks’ aggregate risk levels. Our results are consistent with the behavioral theory of the firm and prospect theory...