In this paper, we develop a model of strategic delegation in which shareholders maintain an objective of market value maximization (MVM) of the firm's assets as measured by a capital asset pricing model (CAPM). Optimal delegation requires that managers maximize a linear combination of expected...

Teorinėje darbo dalyje aprašomi įvairus kompanijų susijungimų tipai ir būdai., daugiausia orientuojamasi į gamybinėms įmonėms tinkamas, kurios turi ne vieną departamentą ir jose dirba santykinai nemaţai ţmonių Lietuvos rinkos mastu. Analizės dalyje paţymima kad bendrovėse kyla...

Previous studies have shown that both environmental uncertainty and organization structure are systematically associated with the perceived usefulness of management accounting system (MAS) attributes. The evidence to date however has been mixed with some suggesting that environmental uncertainty...

We study business organization and coordination of specialty-market hog production using a comparative analysis of two Iowa pork niche-marketing firms. We describe and analyze each firm's management of five key organizational challenges: planning and logistics, quality assurance, process...

Technology has been an important theme in the study of organizational form and function since the 1950s. However, organization science's interest in this relationship has declined significantly over the past 30 years, a period during which information technologies have become pervasive in...

The purpose of this research was to examine companies in the bottomweights market who have identified niche products⁄markets for use in testing the Parrish Niche Strategy Model (2003). Another purpose of this research study was to analyze factors that contribute to the establishment of niche...

The purpose of this research was to analyze how a niche strategy can be used by US textile and apparel companies to compete with lower priced imports. With the increasing globalization of the industry, it has been suggested that companies focus on products that offer a competitive advantage over...

Auslandsbanken gewinnen in Deutschland eine immer größere Bedeutung. Obgleich der von der Bundesbank ausgewiesene Marktanteil ausländischer Banken noch immer im Vergleich zu anderen europäischen Ländern unterdurchschnittlich stark ausgeprägt ist, messen ihnen deutsche Bankiers eine hohe...

With the growing significance of services in most developed economies, there is an increased interest in the role of service innovation in service firm competitive strategy. Despite growing literature on service innovation, it remains fragmented reflecting the need for a model that captures key...

In important conflicts such as wars and labor-management disputes, people typically rely on the judgment of experts to predict the decisions that will be made. We compared the accuracy of 106 forecasts by experts and 169 forecasts by novices about eight real conflicts. The forecasts of experts...