Search results for "TRANSACTION"
showing 10 items of 229 documents
Déclaration et vérification des créances. Conséquences d'une transaction conclue avant le jugement d'ouverture et réduisant le montant d'une créance
2016
International audience; (Civ. 1re, 10 septembre 2015, n° 14-20.917, F-P+B, Sté Intersol c/ Sté AMBTP, RTD civ. 2015. 897, obs. P.-Y. Gautier ; Gaz. Pal. 19 janv.2016, p. 60, note F. Kendérian)
Analysis of leadership dynamics in educational settings during times of external and internal change
2017
Background: The article concerns the tensions that can arise during demanding external, and consequential internal changes and considers how educational leadership is able to respond to them. Leadership is here understood as a collaborative endeavour, producing shared sense-making in situations of tension. Purpose: The main research question was: what kinds of leadership dynamics underlie situations of tension brought about by external and internal change? The sub-question was: what kind of micro-level sense-making processes, argued to be the true source of change, assist in revealing these dynamics? Programme: Educational organisations increasingly face demanding external changes, such as …
Leadership – A Key Factor to a Succesful Organization – Part II
2013
Abstract Leadership is the well-known and often discussed process nowadays of influence exerted by one person, accepted and followed by all, over the other factors (human resource) that he works with, in order to reach the organizational goals. This research is the second part of a long cycle aimed to determine the knowledge and application of the leadership concept in the Romanian organizations considering the influences imposed by the external environment, often characterized by frequent changes. These changes may have positive or negative effects on organizations, and that is why organizations have to react fast in order to take advantage of opportunities and to protect from threats. We …
L'ARBITRAGE ENTREPRISE / MARCHE : LE ROLE DU CONTROLE INTERNE
2001
International audience; Dans l'étude des organisations, la distinction entre le marché et l'entreprise apparaît fondée, depuis 1937 et l'article de Coase, sur l'économie des coûts de transactions. L'avantage de l'entreprise est d'être capable de gérer certaines transactions à un coût moindre que le marché, en raison notamment de l'existence de systèmes de contrôle interne qui permettent une meilleure prise en compte des spécificités des transactions et assurent une limitation de la latitude discrétionnaire de chacun en présence d'une asymétrie d'information. Le développement des nouvelles technologies de l'information et de la communication, cumulé avec un accroissement des connaissances et…
Emergence of Statistically Validated Financial Intraday Lead-Lag Relationships
2014
According to the leading models in modern finance, the presence of intraday lead-lag relationships between financial assets is negligible in efficient markets. With the advance of technology, however, markets have become more sophisticated. To determine whether this has resulted in an improved market efficiency, we investigate whether statistically significant lagged correlation relationships exist in financial markets. We introduce a numerical method to statistically validate links in correlation-based networks, and employ our method to study lagged correlation networks of equity returns in financial markets. Crucially, our statistical validation of lead-lag relationships accounts for mult…
Price Impact Function of a Single Transaction
2004
Although supply and demand are perhaps the most fundamental concepts in economics, finding any general form for their behavior has proved to be elusive. Here we discuss our recent findings [1] on the price impact function empirically detected in the New York Stock Exchange (NYSE). Our study builds on earlier studies of how trading affects prices [2, 3, 4, 5, 6, 7, 8, 9, 10, 11]. In particular, we look at the short term response to a single trade. This is done by using huge amounts of data and by measuring the market activity in units of transactions rather than seconds, so that we can more naturally aggregate data for many different stocks. This allows us to find regularities in the respons…
Qualité et coordination économique dans les industries agroalimentaires. Analyse institutionnelle comparée de l'industrie du vin en Bourgogne, Califo…
2004
Since the 1990s, the French wine exporters have been confronted with an increasing competition from a few nations of North America and the Southern Hemisphere. Initially positioned on the medium-range, the New World Wine Producers quickly developed their positions on the whole of the segments, including those traditionally occupied by French wines under controlled label of origin (AOC). The thesis examines the link between wine marketer' quality strategies and the coordination in the chain of production. Research is carried out on two levels: that of transactions governance structures concerning fresh grape, must and bulk wine, and that of the public rules framing these transactions. Firstl…
Estilo de liderazgo en un órgano de control externo. El caso de la Sindicatura de Comptes de la Comunitat Valenciana
2019
Este artículo analiza los patrones de liderazgo en la Sindicatura de Comptes de la Comunitat Valenciana durante sus tres décadas de existencia. Como organización pública de relevancia estatutaria ha experimentado una modernización sostenida para adecuar sus estructuras al entorno sociopolítico. Uno de los factores que explican el calado de los cambios de la Sindicatura es el liderazgo y el modelo directivo (Bass 1985) de sus síndicos mayores en las distintas fases del ciclo de vida (Levitt, 1965; Adizes, 1994). Por consiguiente, partiendo de un estudio longitudinal de la caracterización de los liderazgos de los síndicos mayores entre 1985-2015 se expondrán los principales rasgos que han car…
Electronic commerce and governance forms: a transaction cost approach
2010
A large amount of the electronic commerce (EC) literature is focused on the benefits of digitalising transactions, as well as technological and organisational issues related to implementing inter-firm information systems. Even though firms choose different electronic solutions for different purposes, there are still modest research contributions focusing on what kind of governance structures that emerge from business to business (B2B) electronic commerce and why these different governance forms emerge. This paper develops a framework for analysing how certain transaction characteristics such as order frequency, relation specific assets and uncertainty affect the alignment of electronic gove…
Integrating transaction cost economics and the resource-based view in services and innovation
2009
[EN] This study examines the complementary nature of Williamson's transaction cost theory and that of the resource-based view in the integration or externalisation of activities, with particular reference to services. Assessing comparative costs, idiosyncratic demands and core competences form the criteria for make or buy decisions, although the analysis of services endows idiosyncratic demands with particular relevance when internalisation of services does neither contribute cost advantages nor others related to the core competences of the firm. In addition to these make or buy questions, this study considers the front/back model in cases where the firm manages services internally.