Short-run Johansen frontier-based industry models: methodological refinements and empirical illustration on fisheries
status: Published online
How private equity-backed buyout contracts shape corporate governance
status: published
Natural Disasters and Corporate Philanthropy: A Double Movement Perspective
10.1017/mor.2022.40 / MANAGEMENT AND ORGANIZATION REVIEW / 19 / 1 / 98-137
How private equity-backed buyout contracts shape corporate governance
This paper explores how contracts in private equity-backed buyouts shape corporate governance in portfolio companies. Drawing upon agency theory and incomplete contracting theory, 50 actual contracts are analyzed in detail. Contracts focus on reducing adverse selection risks through limiting pre-investment information asymmetries and aligning the g...
Capitalizing on the uniqueness of international business: Towards a theory of place, space, and organization
The field of international business (IB) has been successful in developing a unique body of knowledge on the multinational corporation and on country-level contexts. A recurring debate concerns its claim to uniqueness, and to associated scholarly characteristics that distinguish IB from other fields of research. I discuss what makes IB research uni...
The indirect distribution dilemma : assessing the financial impact of participation in Booking.com for hotels
Purpose – To assess if the benefits outweigh the costs of participation in online travel agencies (OTAs) such as Booking.com. Design/methodology/approach – A two-step system GMM estimation of a regression model of firm-level return on assets (ROA) on a dummy variable indicating whether a lodging facility participates in Booking.com. The assessment ...
A customer-centric five actor model for sustainability and service innovation
status: published
A Reference Architecture for Blockchain-Based Crowdsourcing Platforms
status: published
Technology ventures' engagement of external actors in the search for viable market applications : on the relevance of Te...
In order to succeed, technology ventures need to find a profitable market application for their technology. Although external market actors may provide important information for the identification and validation of potential technology-market combinations, it remains largely unclear how technology ventures can involve them in this process. Building...
Equity crowdfunding and governance : toward an integrative model and research agenda
Equity crowdfunding markets have grown exponentially over the last few years. Despite this impressive growth, significant informational asymmetry problems may plague these markets, making them susceptible to difficulties and even market failure. In this paper, we depart from current equity crowdfunding research that focuses almost exclusively on th...
