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In this paper we illustrate the role of cross-border mergers in the process of corporate governance convergence. We explore in detail the corporate governance provisions in Rhone-Poulenc, a French company, and Hoechst, a German firm, and the resulting structure after the two firms merged in 1999...
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In this paper, we present a non-conventional case of collusive behavior and tactics that last for centuries. In particular, we focus on the process through which the Patriarchates of the Eastern Orthodox Church (specifically, those of Constantinople, Jerusalem, Antioch, and Alexandria)...
Persistent link: https://www.econbiz.de/10013105156
In this paper, we present a non-conventional case of collusive behavior and tactics that last for centuries. In particular, we focus on the process through which the Patriarchates of the Eastern Orthodox Church (specifically, those of Constantinople, Jerusalem, Antioch, and Alexandria)...
Persistent link: https://www.econbiz.de/10013106116
We investigate differences in book prices between the United States and other countries. We find that general audience books are similarly priced internationally, but textbooks are substantially more expensive in the United States (often more than double the price). This disparity is much more...
Persistent link: https://www.econbiz.de/10012774366
Recent studies have presented evidence of scale economies for large banks, providing a rationale for some very large banks seen worldwide. In this study, we focus on the negative side of bank size which relates to monitoring costs. In particular, we show that the relationship between size and...
Persistent link: https://www.econbiz.de/10012935574
We show that books for general audiences are similarly priced internationally but textbooks are substantially more expensive in the United States. We argue that cost factors cannot explain this phenomenon and discuss several demand-side explanations
Persistent link: https://www.econbiz.de/10012766645
We investigate the relationship between competition and stage specialization in the venture capital (VC) market. A typical successful company goes through multiple stages of VC investments, but an average VC firm specializes and participates only in a subset of these stages. We hypothesize that...
Persistent link: https://www.econbiz.de/10012856760