Search results for "commerce"
showing 10 items of 469 documents
Going Public – Going Private: The Case of VC-Backed Firms
2012
We investigate the decisions of listed firms to go private once again. We start by revealing that while a significant number of firms which go public is VC-backed, an overproportional share of these VC-backed firms go private later on (they stay on the exchange for an average of 8.5 years). We interpret this very robust pattern such that IPOs of VC-backed firms are to a large extent a temporary rather than a permanent feature of the corporate governance of these firms.We investigate various potential hypotheses why VCs actually seem to be able to bring marginal firms to the exchange by relating the going-private decisions to various characteristics of the IPO market as well as to VC charact…
Intraday Price Dynamics between EUAs and CERs in the European Carbon Futures Market
2011
We provide the first intraday analysis on the contribution to price discovery of two emissions carbon credits: European Union Allowances (EUAs) and Certified Emission Reductions (CERs). We find that EUAs lead price discovery but CERs play a growing role and, therefore, should not be ignored.
BUSINESS CAPABILITIES AND HR KNOWLEDGE’ AS THE CRITICAL FACTOR OF DUE DILIGENCE IN PRE-ACQUISITION PHASE
2016
Previous theoretical research has argued that due diligence in the pre-acquisition phase is traditionally oriented towards legal and financial matters. However, in the innovation-driven market environment, where firms need to maintain competitive strength, business skills and knowledge play important roles. Despite this difference, the due diligence research continues in traditional areas, e.g., financial history, legal and commercial liabilities, and tax issues. Hence, the problem may arise in acquirers overpaying or mistakenly rejecting a target firm. There is a need for assessing ‘Business Capabilities and Human Resources Knowledge’ for due diligence in the pre-acquisition phase. Based o…
ICT for Consumers or Human Beings
2011
The large scale deployment of mobile applications inevitably impacts upon our culture as a whole and affects more intimately our daily lives. Not all of these effects are desirable. In a market economy, ethical issues are not the most important drivers in the development of technology. In this chapter, the authors ask whether the mobile human-computer interaction community could take an active role in discussing ethical issues. In so doing as a community we could focus our attention on developing technology for ‘human beings’ rather than fine tuning our emerging gadgets.
Prestige Pricing in Markets for Luxury & Premium Products
2020
CSR Strategies in Emerging Markets
2016
The purpose of the chapter is to emphasize on the roles of businesses – as an effective (sustainable) development agent in emerging markets, on one hand, and of their CSR strategies – as an efficient sustainable development tool, on the other hand, in order to identify valuable business practices able to lead the emerging markets towards sustainability – through socially responsible decision making processes at business level. Having in the fore-ground the ideas of sustainability (which basically is a macro-economic concern) and responsibility (and especially its micro-economic correspondent that usually embraces the form of CSR), it will try to discover the general and specific features of…
Consumer protection in financial services – towards greater transparency with a key information document for packaged retail investment products
2012
Consumer protection in financial services – towards greater transparency with a Key Information Document for Packaged Retail Investment Products
Identifying the Luxury Sustainability Paradox: Three Steps Toward a Solution
2017
In this chapter, we argue about a paradox of sustainability in the context of luxury goods and brands: Intuitively, luxury brands should be more sustainable versus normal brands, since consumer’s willingness to pay is high which should allow for highest standards in quality, including sustainability. However, many of the most expensive luxury products appear to exhibit limited sustainability. Examples include sports cars that typically are gas guzzlers, yachts that often carry only a few people but require a high amount of resources to be operated, or fur products that require animals to give their lives for. For example, the Hermes Birkin bag recently received a lot of negative media due t…