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objective is to show that the design of network governance must follow a two-track principle of efficiency and effectiveness … able to meet an efficiency/effectiveness principle. In these agrifood networks, the governance optimizes a cost …
Persistent link: https://www.econbiz.de/10011072259
This research tries to understand audit committee’s working and effectiveness. It aims to open the audit committee … relationships could develop; they are the fruit of implicit negotiations. Audit committee’s effectiveness expresses itself by a … leads them to follow directors’ suggestions. In fact, audit committee’s working and effectiveness are understood as the …
Persistent link: https://www.econbiz.de/10010705808
Persistent link: https://www.econbiz.de/10010708032
spot-futures price efficiency improvement observed after ETF introduction is explained either by the direct effect of ETF … short run. Some of our findings suggest that the efficiency improvement could rather result from a structural change in the …
Persistent link: https://www.econbiz.de/10010799319
may set listing requirements leading to high information efficiency in equilibrium. However, this is strongly linked to … highest efficiency and the latter may be achieved with low requirements. Whether information efficiency is socially desirable …
Persistent link: https://www.econbiz.de/10010861490
We study the impact of crossholdings on the efficiency of the standard auction formats. The ascending auction is not …
Persistent link: https://www.econbiz.de/10010861510
a comonotone dominance principle, due to Landsberger and Meilijson (1994) [27], that efficiency is characterized by a … between efficiency and comonotonicity to the multidimensional case. The multivariate case is more involved (in particular …
Persistent link: https://www.econbiz.de/10010706660
Persistent link: https://www.econbiz.de/10010706882
We empirically investigate the impact of option listing on the underlying stock efficiency by looking at the volume … underlying stock market. We conclude to the existence of option listing impact on the underlying stock efficiency, but to …
Persistent link: https://www.econbiz.de/10010707501
We empirically investigate the effect of option listing on the underlying stock pricing efficiency by examining the … indicate that option listing neither damages nor improves the underlying stock efficiency. However, they suggest that a new …
Persistent link: https://www.econbiz.de/10010708183