Despite being widely accepted and applied, maturity models in Information Systems (IS) have been criticized for the lack of theoretical grounding, methodological rigor, empirical validations, and ignorance of multiple and non-linear paths to maturity. This PhD thesis focuses on addressing these...

This doctoral dissertation investigates idiosyncratic behaviors of family firms and contributes to an understanding of how family ownership affects the ways in which firms internationalize. While each chapter in the dissertation is a stand-alone work intended for publication, every study relates...

Money is a scarce resource for most people. For that reason, the decision whether to spend more today and less in the future or vice versa is a recurrent question to many of us. Pension systems provide incentives for saving for future consumption and mortgage markets allow us to increase...

Our society has seen a proliferation of valuation devices leading to the existence of multiple devices that valuate the same product or service. Studies of valuation devices have demonstrated wide-ranging implications for the objects they valuate as well as for the context, in which they are...

This thesis concerns the empirical relation between risk and return in equities. It studies why the expected return on stocks as a whole varies over time and why there are predictable cross-sectional di↵erences in the return on individual stocks. The thesis consists of three chapters which can...

Entrepreneurship is an increasingly relevant and popular object of scholarly investigation. In this dissertation, I borrow relevant socio-cognitive constructs from the field of strategy and employ them to four relevant steps of the venture creation process. The purpose of this dissertation is to...

The overall purpose of this thesis is to understand how and why networks played a significant role for the merchants and company traders of the Danish Asiatic Company (DAC) in their trade in China. To explore this, the following research questions will be answered:  From the perspective of...

Background. Compulsive buying—defined as excessive, uncontrolled, and repetitive buying— is a serious problem in today’s society, driven by consumeristic values and reinforced by marketing efforts. However, the research on the external influences (e.g., brand information) and underlying...

Digital platforms are layered modular information technology architectures that support disruption. Digital platforms are particularly disruptive, as they facilitate the quick release of digital innovations that may replace established innovations. Yet, despite their support for disruption, we...

We investigate how currency denomination a ects the price of credit risky securities of the same issuer. We focus on eurozone sovereign quanto spreads, i.e., di erences in credit default swap (CDS) premiums denominated in U.S. dollar and Euro of the same reference entity. Quanto spreads of...