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In preparation to a potential disaster, cooperation between relief organizations and enterprises is important. Through a suitable framework agreement (FA), relief organizations can reduce a large amount of inventory cost and decrease the social cost (i.e., the sum of deprivation cost and...
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Performance evaluation for universities or research institutions has become a hot topic in recent years. However, the previous works rarely investigate the multiple departments’ performance of a university, and especially, none of them consider the non-homogeneity among the universities’...
Persistent link: https://www.econbiz.de/10013207208
We consider a supply chain in which an original equipment manufacturer (OEM) procures a key component from a supplier. We consider an ingredient branding strategy under which the supplier and the OEM form a brand alliance. Specifically, the supplier invests in ingredient branding to build up her...
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This special issue was born from a Workshop organized by the e-Business & e-Government Special Interest Group of the British Academy of Management (BAM), held on the 3rd-4th May at Brunel University Business School in London. The central theme of the workshop was on the relationship between...
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The rapid development of the electricity industry reform in China has been witnessed in recent years, and one of the iconic achievements could be the establishment and trial operation of the electricity spot markets. However, even though the market clearing model for electric energy is identical...
Persistent link: https://www.econbiz.de/10014077319
Understanding how defaults correlate across firms is a persistent concern in risk management. In this paper, we apply covariate-dependent copula models to assess the dynamics of credit risk dependence and its driving forces based on an empirical study of a business group in China. Our empirical...
Persistent link: https://www.econbiz.de/10012918508
We examine CEO compensation, CEO retention policies, and M&A decisions in firms where founders serve as a director with a non-founder CEO (founder-director firms). We find that founder-director firms offer a different mix of incentives to their CEOs than other firms. Pay for performance...
Persistent link: https://www.econbiz.de/10008667174