Purpose: Why do some retail networks operate shop-in-shops along with stand-alone units while others do not? Drawing on a resource-based and intellectual capital (IC) perspective as a broad theoretical lens, the purpose of this paper is to focus on retailer-run shop-in-shops and examine the...

Purpose The purpose of this paper is to investigate whether CEO compensation scheme may induce some agency conflicts in the foreign exchange risk hedging policy. Design/methodology/approach Residual exposure is a post-hedging variable computed as the ratio of unrealized foreign exchange risk...

[eng] Uncertainty, Trade-Off and Exchange Rates by Jean Laurent Viviani . Although we do not deny the pertinence of the explanations put forward for the existence of price brackets on the financial markets, we show that they could also be due to agents' rational behaviour in an environment to...

[fre] Cet article essaie de montrer en quoi la conception néoclassique de la rationalité est inadaptée pour traiter les problèmes de décision en avenir incertain. Pour des raisons pratiques mais surtout logiques la théorie traditionnelle de la décision ne peut être la seule explication...

This study investigates to what extent intangible investments have a positive impact on French wine companies' financial performance. French wine companies are small- and medium-sized enterprises (SMEs), so the task is (a) to measure their intangible expenses and capital, and (b) to estimate...