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High failure rates often observed in practice suggest that interorganizational collaborative relationships, e.g. strategic alliances, collaborative networks and collaborative supply chains, are still not well understood. This work contributes to their understanding by...
In the banking literature the existence of financial intermediaries is generally explained in terms of the transformation of risks, terms and lot-sizes. Yet these functions could also be performed by system of perfect and complete markets. Therefore, the approach taken...
This dissertation comprises five studies analyzing daily stock returns of listed firms. Studies one and two shed light on corporate diversification through M&A and how related risk dynamics affect shareholder wealth. Carrying over the risk analysis methodology ‘GARCH’...
The shipping industry is run by people and for people. Thus, the main element in shipping is the «human element» – the mariners at all levels. Since the human element aboard vessels – being in and coping with a very special environment – is the crucial point of every...
This book pursues principal aims. First it describes and reviews current concerns in regard to the conditions of labour markets, production organizations, working conditions, and industrial and employment relations. Prominent among these concerns are the crisis in trade...
This publication is the completely revised and updated second edition of the Handbook of Renewable Energies. The handbook is a collection of systematic case studies describing national renewable energy policies in the EU-15. In all case studies of this edition data from...
The third volume of the series presents contributions to the proceedings of the 12th and 13th annual conference of the Faculty of Economics and Business Administration at Sofia University.The fourteen articles by authors of six nations (Bulgaria, China, Germany, Italy,...
Fair value accounting is viewed as a major feature of IFRS and several standards either require assets to be measured at fair value or at least provide an option to fair value measurement instead of applying historical cost. While it is argued that fair values provide...
Mainstream economic textbooks propose a kind of economic world which can only exist in fictitious markets where producers and consumers interact like robots, relations are mechanical and assumptions utopian. Accordingly, the expositions are, in substance, nothing but...
This broad, balanced introduction to studies devoted to organizational consultation enables the reader to compare and contrast different approaches to the study of professional consulting services. Organizational consultation is a type of interaction between two...
This work provides different studies of how econometric evaluation of monetary policy based on forward-looking Taylor rules is conducted. The first part discusses theoretical results regarding the Taylor principle and can be used as a guideline for the evaluation of the...
Stationarity has always played an important part in forecasting theory. However, some economic time series show time-varying autocovariances. The question arises whether forecasts can be improved using models that capture such a time-varying second-order structure. One...
This thesis analyzes four individual corporate finance-related research objectives on the fashion and leather accessories industry. The first two studies investigate the share price reactions of strategic bidder M&A transactions and their key drivers. The third study...
Whereas the importance of CEO reputation has increased over the last years, only very little scientific research has been conducted. This thesis addresses the vagueness of past conceptualizations by providing a well-founded theoretical background, the development of a...
The dynamics of financial returns varies with the return period, from high-frequency data to daily, quarterly or annual data. Multifractal Random Walk models can capture the statistical relation between returns and return periods, thus facilitating a more accurate...
In the enterprise software industry, large platform vendors have established partner networks with smaller providers of complementary solutions. This study takes the perspective of these complementors. How do they coordinate their partnerships with platform vendors?...
The aim of this book is to clarify how surveillance in informational capitalism can be theorised. This work constructs theoretically founded typologies in order to systemise the existing literature of surveillance studies and to analyse selected examples. It argues that...
This study examines, both conceptually and empirically, the welfare mix in the activity field of poverty relief and specific shifts of this mix, i.e. changes towards privatization and marketization. In the first part of the study, the meanings of the concepts ‘welfare...
The creation of the Economic and Monetary Union (EMU) has accelerated the harmonization process of regulation and governance in Europe. However, the integration of fragmented retail banking markets still represents a difficult task for regulators. This book investigates...
Refusal to license intellectual property rights (IPRs) are an ongoing topic within the enforcement of Article 102 TFEU (ex Article 82 EC). Nevertheless, so far an economic founded instrument to analyse these cases is missing. To close this gap, the Innovation Effects...
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