We analyse the agency influences on an increasingly common phenomenon, the change of status from public to private. We find that companies going private are more likely to have higher CEO and institutional shareholdings. We also find firms going private are more likely to have the same person as...

This document describes the current business operating environment, identifies the socio-economic reasons that make corporate controls mandatory for the current organizations (private, public, etc.) all over the world, and a methodology for designing corporate strategic and operational control...

If producers have more information than consumers about goods’ attributes, then they may use non-price (rather than price) adjustment mechanisms and, consequently, the market may reach a new equilibrium even if prices remain sticky. We study a situation where producers adjust the quantity (per...

If producers have more information than consumers about goods’ attributes, then they may use non-price (rather than price) adjustment mechanisms and, consequently, the market may reach a new equilibrium even if prices remain sticky. We study a situation where producers adjust the quantity (per...

The literature on costs of price adjustment has long argued that changing prices is a complex and costly process. In fact, some authors have suggested that we should think of firms’ price-setting activities as “producing” prices, similar to the way firms use production processes to produce...

The dairy sector is among the most fundamentally affected by post-communist transition and EU integration of Bulgaria. This paper presents the dairy chain management in the country at current present stage of development. First, it analyses the state and forms of dairy value chain management...

The aim of this paper is to analyze both internal and external aspects posing a risk in the operation for the multinational Johnson Controls in its subsidiaries in United States and Mexico from the point of view based on institutions; the main challenge to initiate the investigation is do have...

Professionalization is a major step in the management of family businesses because it allows the transition from empirical through professional management with the application of techniques and tools making these organizations more competitive. The present study aims to determine the factors...

A modern vállalatelméletek két ágát a szerződéses és az evolúciós vállalatelméletek képviselik. A szerződéses elméletek a hetvenes évek közepétől bontakoztak ki, és napjainkra koherens és kiforrott nézetek jellemzik őket. Ezzel szemben az evolúciós vállalatelmélet...

This paper summarizes reactions to the theory of contestable markets and industry structure. The reactions came immediately after the theory was published. The summary finds that the proposed theory stands on sound grounds. However, empirically the theory leaves much to be desired especially for...