If one was to examine the academic literature for an explanation of the restructuring that we have witnessed in the last decade, the most prominent explanation to emerge would be the agency explanation. According to this explanation, firms with poor internal governance devices fail to monitor...

This paper empirically tests whether international acquisitions -- in contrast to their domestic counterparts -- on average create value for the shareholders of acquiring firms. We find that whereas US international acquisitions in Britain and Canada create no value, US acquisitions in...

This paper addresses the issue of how relational rents, generated through alliances, are distributed to the participating firms. We argue that rent distribution is influenced by factors affecting both jointly generated common benefits and private benefits gained from the alliance relationship....

The resource-based view argues that acquisitions can build competitive advantage partially through retention of valuable human capital of the target firm. However, making commitments to retain and motivate successful top managers is a challenge when contracts are not enforceable. Investigating...

Developments in the Indian seed industry and their impact on access and use of commercial seed by farmers have been examined. Various types of seed systems such as hybrids, self-pollinated crops, vegetatively propagated crops, crops with high seed volume, etc have been analysed. It has been...

This paper examines the performance of the Indian seed system in the context of high volume, low value seed, using the case studies of potato and groundnut. In theory, public sector should be able to address seed needs of farmers growing these crops. However, the ability of the public sector is...

This study addresses the following questions: (1) can organizations learn how to manage infrequent and heterogeneous tasks ? (2) If they can, then what are the mechanisms that might explain learning under these circumstances ?, and (3) what are the limitations under which these mechanisms...