We examine how an exogenous improvement in market efficiency, which allows the stock market to obtain more precise information about the firm's intrinsic value, affects the shareholder–manager contracting problem, managerial incentives, and shareholder value. A key assumption in the model is...

We analyze how entrepreneurial firms choose between two funding institution: banks, which monitor less intensively and face liquidity demands from their own investors, and venture capitalists, who can monitor more intensively but face a higher cost of capital because of the liquidity constraints...

This study proposes an integrated framework for successfully implementing collaboration strategies in supply chain (SC) management using a fuzzy decision-making trial and evaluation laboratory (DEMATEL) and multi-criteria decision-making (MCDM) approach. The study analyses and measures the...