Regulatory policy is a considerable factor in organizational business strategy decisions. This article puts focus on the evaluation of the regulatory policy from the perspective of the organizational cost under uncertainty. In this paper I examine the organizational cost of policy transition in...

Regulatory policy is a considerable factor in organizational business strategy decisions. This article focuses on the organizational adjustment cost under uncertainty brought by regulation from game theory and contract theory perspective. Three conclusions are reached: 1. The cost of adjustment...

Regulatory policy is a considerable factor in organizational business strategy decisions. This article puts focus on the evaluation of the regulatory policy from the perspective of the organizational cost under uncertainty. In this paper I examine the organizational cost of policy transition in...

Prior work notes that capital markets benefit innovation by providing financial resources to firms, but also argues that capital markets may inhibit innovation by inducing short-termism. We revisit the capital market-innovation link by examining how securities analysts influence firms’...