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131.
Tomas Brytting 《Business ethics (Oxford, England)》1994,3(2):93-100
What ethical issues are raised when employees are going to be given notice to leave? Are some approaches more ethical than others? This paper analysing the ethics of the situation and offering ethical guidelines was prepared for the Swedish Association of Graduates in Business Administration and Economics in its work to formulate a professional code of conduct. The author holds a PhD in business administration and is a member of The Swedish Council for Management and Work Life Issues, P.O. Box 5042, S-10241 Stockholm, Sweden. 相似文献
132.
The article is based on a qualitative study of how green issues affect the R&D work in two large Swedish manufacturing firms. Both internal (environmental staff, top management) and external (regulators) actors drive the greening processes and our firms seem to be far reaching in their green works. In our discussions, we rely on a dynamic model of organizational change to emphasize that if green issues, in our cases perceived as strategic issues, are to change the firm and its R&D work, there has to be a focus on not only technological (tangible) components, but also on cultural (intangible) aspects. A proactive environmental product development strategy might therefore benefit from widening its focus to the whole organization. In addition to a more holistic approach, a basic argument in the paper is also that if green issues are to survive, they have to be kept evergreen. Copyright © 2004 John Wiley & Sons, Ltd and ERP Environment. 相似文献
133.
H. Erkan Ozkaya Chitra Dabas Kalin Kolev G. Tomas M. Hult Steven H. Dahlquist Sonia Arun Manjeshwar 《International Business Review》2013,22(4):663-677
International marketing research, in most cases, involves at least two levels (e.g., firms within countries) that make the hierarchical linear modeling (HLM) a suitable data analysis technique. Due to its robustness, the use of HLM in the international business (IB) research has increased substantially over the last decade. However there is still a lack of standardization in the fundamental issues that hinders the wide spread use of HLM. This study provides unified approach to HLM use in IB research by providing standards for appropriate use of HLM. To achieve this goal, a detailed analysis of the method's use in 42 IB studies is provided and these studies are compared with 104 non-international studies to determine where IB research stands in terms of HLM use. Finally this study focuses on the good HLM practices and offers suggestions designed to maximize the effective use of HLM and potential in international business studies. 相似文献
134.
The purpose of this study is not only to chronicle the rise and fall of advertising expenditures in Sweden from 1975 to the present day but also to consider possible causes for their rise and fall. It is hoped that understanding the nature of these variations will become a key to the deeper understanding of the advertising market place. Both traditional and non-traditional media were studied. It was suggested that variations in advertising expenditures stemmed from two broad factors: (1) the demand for advertising space, determined by the advertisers; and (2) the supply of advertising space, determined by the media. These factors are intrinsically affected by external factors such as business cycles and legal and social environments. 相似文献
135.
The increasing importance of empirical analysis in economics highlights the need for efficient ways to bring these skills to the classroom. R Markdown is a new technology that provides a solution by integrating writing, statistical work and computation into a single document. R Markdown benefits students and instructors by streamlining teaching, research, and collaboration. The authors report on their use of R Markdown in undergraduate teaching, including core courses, electives, and senior theses. They discuss the costs and benefits of adoption, and explain the advantages of R Markdown in teaching reproducibility of empirical work, avoiding time-consuming and error-prone “cut and paste,” and facilitating a one-stop solution for importing, cleaning, manipulating, visualizing, and communicating with data. 相似文献
136.
137.
Tomas Sjstrm 《Games and Economic Behavior》1999,26(2):237
This article looks at implementation in economic environments when agents have perfect information about the state of the world, but cannot commit not to renegotiate bad outcomes or to collude against each other. If renegotiation satisfies a weak condition of disagreement point monotonicity, then any Pareto-efficient social choice function can be implemented if there are at least three agents who play undominated Nash equilibria. The mechanism does not use modulo or integer games, has no bad mixed strategy equilibria, and is “bounded.”Journal of Economic LiteratureClassification Number: D71. 相似文献
138.
Interest Rate Dynamics and Consistent Forward Rate Curves 总被引:2,自引:0,他引:2
We consider as given an arbitrage‐free interest rate model M, and a parametrized family of forward rate curves G. We study the question as to when the given family G is consistent with the dynamics of the interest rate model M, in the sense that M actually will produce forward rate curves belonging to G. We allow the interest rate model to be driven by a multidimensional Wiener process, as well as by a marked point process, and we give necessary and sufficient conditions for consistency. As test cases, we study some popular models, obtaining both positive and negative results about consistency. We also introduce a natural exponential‐polynomial family of forward rate curves, and for this family we give necessary and sufficient conditions for the existence of consistent interest rate models with deterministic volatility functions. 相似文献
139.
Mitigating risks in cross-border acquisitions 总被引:1,自引:0,他引:1
Compared to domestic acquisitions, cross-border acquisitions present greater challenges for buyers. This article analyzes the use of contingent payments, joint ventures, and toehold investments as potential mechanisms for reducing uncertainty in cross-border acquisitions. Toehold investments and earnout payments are associated with larger gains to buyers in domestic acquisitions, but not in cross-border acquisitions. The results indicate that joint ventures can be an effective mechanism to ameliorate the uncertainty associated with cross-border acquisitions in the presence of severe valuation uncertainties and country investment risks. 相似文献
140.
The Relevance of Target Accounting Quality to the Long-Term Success of Cross-Border Mergers 总被引:1,自引:0,他引:1
Ervin L. Black Thomas A. Carnes Tomas Jandik B. Charlene Henderson 《Journal of Business Finance & Accounting》2007,34(1-2):139-168
Abstract: We investigate a sample of cross-border mergers involving US firms that acquired foreign targets between 1985 and 1995. Our general interest is in the long-term success of the acquisitions, measured by the post-merger abnormal returns to the US acquirers. Our primary focus is the relationship between the quality of the foreign target's accounting disclosures and the acquisition's long-term success. Employing a procedure recommended by Lyon et al. (1999) , we find that US acquirers in cross-border mergers experience significantly negative long-term abnormal returns post-merger. These returns also are significantly more negative than those realized by a matched sample of US acquirers that acquired US targets. To investigate the potential association between the US acquirers' post-acquisition returns and target firms' accounting disclosures, we classify the merger transactions by target firm home country. We define variables to reflect the quality of accounting disclosures and control for other important country-specific features. The results reveal that post-merger abnormal returns are less negative for acquirers of targets based in countries where accounting data is less value relevant. This may be due to a higher cost of capital for target firms in these countries, resulting in a built-in discount in the pricing of targets. An examination of the premiums paid in a subset of 79 cross-border mergers reveals evidence consistent with this contention: premiums are lower for target firms based in countries where accounting data is less value relevant. These results suggest that shareholders of targets from such countries pay a price for their country's institutional framework that makes accounting information less value relevant. 相似文献