Showing 1 - 7 of 7
The advent of digital goods has made a significant impact on the current traditional (physical) goods markets for items such as movies, music, video games, and books. Firms that manage both traditional and digital goods distribution channels are facing many emerging operational challenges. One...
Persistent link: https://www.econbiz.de/10013006194
With the rise of the platform economy over the past decade, numerous online retailers have switched from the traditional wholesale model to the agency model. In the agency model, the suppliers, rather than the retailers, control the pricing decisions, and they share a proportion of the revenue...
Persistent link: https://www.econbiz.de/10014357312
While digital goods industries such as entertainment, software, and publishing are growing at a rapid pace, traditional supply chain contract models have failed to evolve with the new digital economy. To illustrate, the agency model utilized by the e-book publishing industry has recently...
Persistent link: https://www.econbiz.de/10014038592
We analytically study the economic consequences of the disclosure of managerial compensation contracts in a setting where two firms, by designing compensation contracts for their respective managers, compete for a new investment opportunity. Each manager is privately informed about her firm's...
Persistent link: https://www.econbiz.de/10013298722
Persistent link: https://www.econbiz.de/10013264643
Persistent link: https://www.econbiz.de/10003558213
Using the mandatory adoption of International Financial Reporting Standards (IFRS), we examine whether an exogenously imposed disclosure reform that increases the amount of information affects the level of executive compensation. Extant theories suggest that disclosure reforms could either raise...
Persistent link: https://www.econbiz.de/10013008264