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排序方式: 共有1360条查询结果,搜索用时 31 毫秒
991.
René Rohrbeck 《Futures》2012,44(5):440-452
This paper looks at value creation from corporate futures research. Through a literature review, potential value creation is identified. This serves as guidance for an empirical investigation in which value creation is observed and linked to methods and practices. Using data from 20 case studies, three examples of value creation are discussed in detail. In addition, cross-case analysis allowed me to identify four success criteria for corporate foresight activities: (1) foresighters committed to creating value, (2) participation of internal stakeholders, (3) analysis that follows a systemic logic, and (4) methods and processes that are tailored to companies’ needs. The paper concludes with the recommendation to take a dynamic-capabilities perspective on future research into corporate foresight. 相似文献
992.
- People tend to like others with attributes similar to their own (the similarity principle) and favor products with names similar to their own (the name letter effect).
- In the present field experiment, the name letter effect and similarity principle are tested in a phonaton among alumni of Utrecht University, The Netherlands. First name and surname initials, fields of education, and association memberships of alumni were matched to those of students soliciting contributions in the phonaton.
- Female alumni with first names and fields of study similar to those of solicitors were more likely to donate, as were male alumni with first names similar to the field of study of solicitors. Both male and female alumni with first names similar to the name of the university donated more often than those with dissimilar names.
- Name letter effects are a cheap and effective instrument to increase donations in fundraising campaigns conducted by telephone.
993.
José Manuel Campa 《Asian Economic Policy Review》2012,7(2):180-197
Fiscal challenges in the Euro zone have been at the center of global economic concern in the last 2 years. Despite lower debt burdens, and higher fiscal efforts taken by Euro countries, a perception of high fiscal risk remains. This paper reviews the fiscal challenges facing the Euro area countries and the measures taken at the Euro area level to manage short‐term pressures and to enhance long‐term functioning of the area, as well as the main lines of national specific reforms. The paper shows the unique characteristics of the Euro area that still raise concerns to foster stability and the challenges to address them. 相似文献
994.
Although recent literature suggests that competition among incumbent firms is caused by the entry of new firms, this relationship has not yet been tested directly. In this study a regression model is established in which a direct measure of competition among incumbent firms, the market mobility rate, is explained by start-up rates and control variables. The results show that the effect of start-ups on market mobility varies by sector. There is a strong positive relationship for industry sectors but an insignificant relationship for service sectors. These results suggest differences in the types of entry between sectors and in the roles start-ups play in different sectors. 相似文献
995.
Francesco D. Sandulli José Fernández-Menéndez Antonio Rodríguez-Duarte José Ignacio López-Sánchez 《Small Business Economics》2012,39(1):99-117
This paper examines the effects of information technology (IT) adoption on the productivity of multimarket small and medium-sized enterprises (SMEs). The main hypothesis is that IT usage increases efficiency to a higher degree in diversified and internationalized firms compared with single-market SMEs. This hypothesis is tested using a large sample of more than 2,000 Spanish SMEs. Overall, intensive use of IT in operations processes is found to be associated with substantial increases in productivity of firms following both related and unrelated diversification. Also, exporting firms with more intensive use of IT have higher productivity. These results are consistent with previous theoretical arguments on the relationship between IT and efficiency of firms and open future research directions related to the role played by IT in the management control systems of both diversified and exporting firms. 相似文献
996.
How Does the Market Value Corporate Sustainability Performance? 总被引:1,自引:0,他引:1
Isabel Costa Louren?o Manuel Castelo Branco José Dias Curto Teresa Eugénio 《Journal of Business Ethics》2012,108(4):417-428
This study provides empirical evidence on how corporate sustainability performance (CSP), as proxied by membership of the Dow Jones sustainability index, is reflected in the market value of equity. Using a theoretical framework combining institutional perspectives, stakeholder theory, and resource-based perspectives, we develop a set of hypotheses that relate the market value of equity to CSP. For a sample of North American firms, our preliminary results show that CSP has significant explanatory power for stock prices over the traditional summary accounting measures such as earnings and book value of equity. However, further analyses suggest that we should not focus on corporate sustainability itself. Our findings suggest that what investors really do is to penalize large profitable firms with low level of CSP. Firms with incentives to develop a high level of CSP not engaging on such strategy are, thus, penalized by the market. 相似文献
997.
Does the Degree of Development Matter in the Impact of Banking Crises on International Trade?
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Salvador Gil‐Pareja Rafael Llorca‐Vivero José Antonio Martínez‐Serrano 《Review of Development Economics》2017,21(3):829-848
This paper analyzes how a country's degree of economic development affects the impact of banking crises on international trade. To this end, we estimate a gravity model of trade using a sample of 139 countries over the period 1975–2012. Our results show that middle income countries are generally the most negatively affected. In contrast, financial turmoil appears to have less impact on bilateral trade flows among high income countries and, more specially, among low income nations. The level of financial development, contract enforcement, as well as the extent of the use of banking credit within international trade all help to explain our findings. 相似文献
998.
This paper deals with the characterization problem of the minimal entropy martingale measure (MEMM) for a Markov-modulated
exponential Lévy model. This model is characterized by the presence of a background process modulating the risky asset price
movements between different regimes or market environments. This allows to stress the strong dependence of financial assets
price with structural changes in the market conditions. Our main results are obtained from the key idea of working conditionally
on the modulator-factor process. This reduces the problem to studying the simpler case of processes with independent increments.
Our work generalizes some previous works in the literature dealing with either the exponential Lévy case or the exponential-additive
case. 相似文献
999.
In this paper, we introduce a new class of models for the time evolution of the prices of call options of all strikes and
maturities. We capture the information contained in the option prices in the density of some time-inhomogeneous Lévy measure
(an alternative to the implied volatility surface), and we set this static code-book in motion by means of stochastic dynamics
of It?’s type in a function space, creating what we call a tangent Lévy model. We then provide the consistency conditions, namely, we show that the call prices produced by a given dynamic code-book (dynamic Lévy density) coincide with the conditional expectations of the respective payoffs if and only if certain restrictions on the dynamics
of the code-book are satisfied (including a drift condition à la HJM). We then provide an existence result, which allows us
to construct a large class of tangent Lévy models, and describe a specific example for the sake of illustration. 相似文献
1000.
Alain-Désiré Nimubona 《Environmental and Resource Economics》2012,53(3):323-346
During the Doha Round at the World Trade Organization, reductions in trade barriers on environmental goods (EG) were put forward as a means of helping developed and developing countries alike deal with current environmental problems. We examine the potential effectiveness of such a strategy in a developing country that imports all its consumption of EG from an imperfectly competitive foreign eco-industry. We point out that trade liberalization of EG might in fact lead to less stringent pollution taxes, which can result in an actual rise in pollution levels. We then show that the environmental effectiveness objective of this trade reform can be achieved when the regulator uses quantitative abatement standards as an alternative pollution policy instrument. However, this environmental achievement comes at the expense of social welfare. 相似文献