Search results for "Transaction"

Vertical integration and profitability of the agrifood industry in an economic crisis context

2015

<p>In a setting of economic and financial crisis, most companies experienced a reduction in their profitability. Thus, our study allows us to identify vertical integration strategies developed by companies to overcome the crisis. This paper is aimed at unveiling the determining factors of the profitability of Spanish agrifood firms, depending on whether they are backwards vertically integrated or not. In order to attain our objective, we implemented a first difference regression model. The main contributions of the article lie in the incorporation of a variable that distinguishes integrated firms from the rest and the separate analysis of the two groups of firms. The results suggest t…

Pre-requisites of successful strategic electronic coordination : the moderation effect of the ownership mechanism of inter-organisational information…

2017

In this paper, we attempt to explain how the ownership mechanism of an interorganisational information system (IOS) may impact strategic information exchange (electronic coordination) induced by specific investments in the IOS. Recent research and practice show that heavy investments in IOSs demonstrate mixed results with respect to their impact on the electronic coordination. Consequently, the search of additional factors is needed to help and explain under what circumstances the IOS investments for strategic purposes become beneficial for the companies in a buyersupplier dyad. Transaction cost economics (TCE) and the hostage model are used as a framework for the research. 198 observations…

Brokers in the Credit Market: An Examination of the Vertical Scope

2014

This paper analyzes the vertical disintegration of the bank loan origination value chain. The main aim is to identify the relevant drivers which cause the emergence of brokers in the credit market which lead to vertical disintegration of the credit origination value chain. Transaction cost economics is the typical perspective of analysis of the vertical scope of banking value chains. This paper argues that in order to capture the drivers underlying the dynamic evolution of the vertical scope of bank loan origination business models, the above perspectives must be combined and further integrated with a capabilities and resource based view and with a modularity perspective.

Towards a Concurrence Analysis in Business Processes

2020

This paper presents first steps towards a solution aimed to provide concurrent business processes analysis methodology for predicting the probability of incorrect business process execution. The aim of the paper is to (a) look at approaches to describing and dealing with the execution of concurrent processes, mainly focusing on the transaction mechanisms in database management systems, (b) present an idea and a preliminary version of an algorithm that detects the possibility of incorrect execution of concurrent business processes. Analyzing business process according to the proposed procedure allows to configure transaction processing optimally.

Conventional and transactional authenticities in small-culture tourism

2016

The Relevance of Knowledge Types and Learning Pathways in Wine Family Business Succession

2013

Abstract Aspects of family business succession process are many times neglected during the life of the founder or the generation that must be getting ready for the hand-off. The paper is allowing even to a rude observer to understand the importance, the concepts, the typology and the implications of following a specific learning pathway and choosing a particular category of successor (insider or outsider), starting from situations where inside-family succession is preferable. The objective is twofold: (1) to highlight knowledge types that are easier to be transferred to internal successors, and (2) to identify context factors that facilitate family internal succession. We will demonstrate t…

Contingent reward leader behaviour: Where does it come from?

2010

As many academics have pointed out, while researchers have learned a great deal about the effects of contingent reward (CR) leader behaviour, relatively little is known about its genesis. CR transactional leadership is traditionally viewed as an independent variable which exerts influence downstream. However, if we are to understand how to influence, improve or modify these downstream effects, we need to shift our focus upstream towards the study of transactional leadership as a dependent variable. In line with this reasoning, we put forward the hypothesis that a contextual variable (organizational learning capability) and a subordinate's characteristic (employability) are antecedents of CR…

Introduction : From Fundamentals to Advances in Crowdfunding Research and Practice

2020

AbstractThe chapter introduces the phenomenon of crowdfunding while presenting its definition and main manifestations in recent years. It then discusses the roles played by the various parties to a crowdfunding transaction, as well as the benefits each may gain from such engagement. Overall, it argues for a win-win situation, where all parties become better off from involvement in a responsible crowdfunding engagement. Furthermore, the chapter highlights the process dimension of crowdfunding, as represented through a series of three main stages, which are further specified into a seven sub-stage model. Each stage in the process depends on successful completion of the stage preceding it and …

Déclaration et vérification des créances. Pouvoir de transaction du liquidateur autorisé par le juge-commissaire. Renonciation à l'extinction d'une c…

2000

International audience; (Com. 23 nov. 1999, Sté Logirep c/ Banque parisienne de crédit, D. 2000.13, obs. AL)

Compétence spéciale et d'ordre public du tribunal de la procédure collective. Action du liquidateur exercée au nom et dans l'intérêt collectif des cr…

2020

International audience; (Soc. 12 juin 2019, n° 17-26.197, arrêt n° 924 F-P+B, M. X. c/ Mme G., ès qual., D. 2019. 1277)