Not too long ago empirical research has centered on how abilities of new entering firms are essential for the development of industries over time. The overall performance of recent entrants definitely seems to be considerably affected by their pre-entry background. The general impression of the literature is that businesses founded by former employees of successful …
This report evaluates the ex-dividend stock price behavior in the London Stock Exchange to find out if the share prices really drop by the same amount as the dividend on the ex-dividend day. The test data covers Eighty FTSE100 corporations of the London stock exchange for the period 2001 to 2006. Research question: Do returns …
This report adds new findings to the knowledge based view of the firm, where the cross-learning capability of employee and organization performs an essential function in the determination of firms’ superior performances. Collective, non formal – informal, formal styles of learning contribute to shape the competitiveness of firms, particularly in the current knowledge-based marketplace, where …
There are 2 approaches in employee management. They are the Human Resource Management (HRM) and Personnel Management. Despite the fact that both these approaches seem different, they do have some similarities also. 1. Both models focus on the significance of integrating personnel/HRM techniques with organizational objectives. 2. Both models vest Personnel/ HRM strongly in line …
Two losing groups in mobile telecommunications entered into loose talks in the summer of 2000 to join forces – for Ericsson to reduce its severe losses as well as for Sony to re-enter the international industry in mobile handsets. Significant discussions followed by the end of the year, although real planning for a full-scale joint …
The speed of technological innovation since World War II is significantly increasing following the commercial exploitation of the Internet. Since the mid 90’s fiber optics capacity (infrastructure for transmission of information including voice and data) has incremented more than one hundred times because of a new technology, dense wave division multiplexing, and Internet traffic has …
In this report it’s revealed that the intense focus on the new economy reflected real change and also ‘hype’. The fundamental reason why new economy-growth couldn’t be viewed as sustainable is that launching advanced technologies can only occur successfully when it’s combined with organizational change and competence-building among employees. Any technique that provides technology an …
Within this document we suggest an early warning system for the Romanian banking sector, to supplement the standardized CAAMPL rating system employed by the National Bank of Romania for evaluating the local credit institutions. We make an effort to discover the determinants for downgrades as well as for a bank to have a weak overall …
This explorative report proposes that the main problem of economic organization is adaptation to unforeseen contingencies. Nevertheless, flexibility is a fairly ignored issue in the theory of economic organization. This contrasts with much organization theory, where the seeking and processing of information about the organization’s key uncertainties is viewed as a determinant of organizational form. …
This report evolves a conceptual framework within which the fundamental resource dynamics of an economy could be researched. The framework has heterogeneous firms at its center, and the dynamics governing their competitive, evolutionary and entrepreneurial interactions are made the object of analysis. This method is inspired by the wish to penetrate to the resource dynamics …