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1.
The purpose of this paper is to study how organizational rejuvenation is used to increase and support knowledge exploitation
in multinational enterprises. Using case-study data to explore the theoretical arguments, interesting findings emerge. The
main finding is that entrepreneurial activities in IT industry enable organizational rejuvenation with repercussions beyond
the focal function. Other findings relate to how corporate entrepreneurship activities provide possibilities for continuous
knowledge exploitation within the MNE and how entrepreneurial groups inside MNEs form the foundation from which the organizational
rejuvenation originates. Finally, the form of organizational rejuvenation studied embraced both structural and behavioral
changes.
The authors acknowledge an equal share in the development of this article. 相似文献
2.
ABSTRACTOur study presents empirical evidence about the role of ownership structure for firm exit probability by explicitly differentiating between distinct exit routes (bankruptcy and forced liquidation, voluntary liquidation, mergers and acquisitions – M&A, and removal from the court register). Based on the population of Slovenian firms in the 2006–2012 period and using multinomial probit, our findings support the predictions of agency theory. Ownership concentration, share of the largest owner, and the difference in shares between two largest owners all decrease the likelihood of exit for all studied exit routes but M&A. The magnitude of their impact is largest for exits, in which owners play a decisive role, i.e. voluntary liquidation and removal. The link between the number of primary owners and exit likelihood is U-shaped with the lowest exit probability for firms with around two owners. 相似文献
3.
Katarina Elofsson 《Environmental and Resource Economics》2007,36(2):143-162
Unilateral abatement is sometimes advocated in order to set a good example that will make other countries follow. The aim
of this paper is to investigate whether existence of correlated cost uncertainty provides an incentive for a country to undertake
unilateral abatement. The theoretical model is driven by two main mechanisms; first, a learning effect, as the follower country
might reduce its risk premium as it can observe the cost level in the leader country. Second, there is the public good effect,
i.e., the marginal benefit of abatement declines when abatement is a public good and other countries contribute to pollution
reductions. Results shows that unilateral abatement would be efficient in reducing uncertainty about the unit costs of abatement
if a country with low cost uncertainty would undertake abatement first, while a country with initially high cost uncertainty
would follow. However, countries may prefer to act simultaneously because of the larger uncertainties that are inherent in
a sequential game.
相似文献
4.
Katarina Putnik Inge Houkes Nicole Jansen Frans Nijhuis IJmert Kant 《International Journal of Human Resource Management》2020,31(13):1645-1662
AbstractWith dual-income families on the increase, combining work and family obligations is a daily reality for many individuals. Unsatisfactory combinations of work and home duties can result in various unfavourable individual and organisational outcomes. Therefore, its proper understanding is essential in order to create adequate recommendations for interventions and prevention. There is a need for the development of theoretical frameworks that take cultural context into account in relation to work-home interface (WHI). In this paper a new framework is proposed; ‘the pyramid of intersecting domains of WHI’ that incorporates cultural context and other important work-life interface aspects. It builds on empirical findings of the intersectionality and work/family border theories. The pyramid consists of the following domains: the domain of work and home characteristics, the roles domain and the cultural domain, which intersect to determine the fourth side of the pyramid, that is, the observed WHI. Based on the pyramid several research propositions can be formulated. Implications for researchers and HR professionals are provided. 相似文献
5.
Real exchange rate persistence and the excess return puzzle: The case of Switzerland versus the US
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The PPP puzzle refers to the wide swings of nominal exchange rates around their long‐run equilibrium values whereas the excess return puzzle represents the persistent deviation of the domestic‐foreign interest rate differential from the expected change in the nominal exchange rate. Using the I(2) cointegrated VAR model, much of the excess return puzzle disappears when an uncertainty premium in the foreign exchange market, proxied by the persistent PPP gap, is introduced. Self‐reinforcing feedback mechanisms seem to cause the persistence in the Swiss‐US parity conditions. These results support imperfect knowledge based expectations rather than so‐called “rational expectations”. 相似文献
6.
We study the channels parents use to make transfers to their children. First, we focus on the relationship between investments
in education and property transfers. Second, we turn to how property transfers are divided between inter vivos gifts and bequests. We use a Swedish dataset that is superior to previously used data as it contains information on both
gifts and inheritances received from parents. We estimate models for the probabilities of having university education, receiving
gifts, and receiving inheritances. In addition, we estimate models for gift and inheritance amounts. We find that the more
resources parents have, the higher the likelihood of transfers, and that the correlation between receiving inter vivos gifts and inheritances is very high. Finally, women are more likely to have university education and to receive gifts, and
daughters receive gifts of larger amounts than sons, although there are no differences in terms of inheritance. 相似文献
7.
Katja Zajc Kejžar 《Open Economies Review》2011,22(2):271-291
This paper examines the impact of foreign firm entry on the industry consolidation process in a host country that operates
through mergers and exits of incumbent firms. Using a three-stage oligopolistic model, the paper shows that foreign direct
investment (FDI) may trigger consolidation via a merger since the approval of a domestic merger by the antitrust authority
is more likely in the case a foreign firm enters via FDI and a firm’s incentive for a domestic merger is greater and that,
in turn, the possibility to merge and become more efficient modifies the outcome of the game by making FDI compared to exports
less likely. 相似文献
8.
This paper addresses the consequences of wage compression for the gender wage gap in Sweden during the period 1968–1991. We find that the effects of changes in the wage structure on women's wages have varied over time and have been partly counteracting. Changes in industry wage differentials have systematically worked against women, while changes in the returns to human capital and unobserved characteristics have contributed to reductions in the gender wage gap. Changes in the wage structure were particularly important between 1968 and 1974 when there was a dramatic reduction in overall wage inequality.
JEL classification : J 16; J 31; J 51 相似文献
JEL classification : J 16; J 31; J 51 相似文献
9.
Changing monetary transmission mechanisms within the EU 总被引:1,自引:0,他引:1
Katarina Juselius 《Empirical Economics》1998,23(3):455-481
The paper presents a comparative analysis of monetary transmission mechanisms and changes in them after the secondERM in March 1983. The empirical model investigates the determination of money, income, prices, and interest rates in Germany, Denmark, and Italy based on the cointegratedVAR model. It provides empirical results on the macroeconomic effects of joining theERM and financial deregulation. 相似文献
10.
Katja Zajc Kejžar 《Review of World Economics》2011,147(1):169-193
This paper examines the role of inward foreign direct investment (FDI) in firm selection processes in the Slovenian manufacturing
sector in the 1994–2003 period. It adopts the firm dynamics framework that allows testing of selection effects directly by
assessing the impact of foreign firms’ activity on the probability of exiting of local firms (crowding out). The results show
that intra-industry productivity spillover effects offset only a minor part of the competition pressure which results from
foreign firm entry, hence incumbent firms experience a drop in their survival probability upon a foreign firm’s entry within
a particular industry. This result is driven by foreign firm entry of the greenfield type, as entry through the acquisition
of existing firms has no significant effect. The strength of the crowding-out effect decreases with the incumbent firm’s export
propensity. There is no significant evidence that inward FDI would stimulate the selection process through backward linkages
in the upstream supplying industries, whereas foreign firms’ activity reduces the exit probability of downstream local customers
(through forward linkages). 相似文献