subject:(Business enterprises)

Columbia University

1. Teachout, Matthieu. Essays on Firms in Developing Countries.

Degree: 2019, Columbia University

URL: https://doi.org/10.7916/d8-r4pc-bn41

► In this dissertation, I study the behavior and the factors that impact the performance of firms in developing countries. Chapter 1 and 3 investigate the… (more)

▼ In this dissertation, I study the behavior and the factors that impact the performance of firms in developing countries. Chapter 1 and 3 investigate the determinants of patterns of trade in Myanmar, a country which over the past decade has been undergoing an extraordinary transition, from military control and diplomatic isolation to political and economic liberalization. Chapter 2 studies how firms upgrade the quality of their output to increase sales abroad. Specifically, in Chapter 1, I investigate the hypothesis that if matching frictions in international trade are important, a seller’s ability to connect with buyers could explain a substantial part of exporters heterogeneity in size. I do so in Myanmar’s bean export market. Despite beans having all the attributes of a commodity, there is significant transaction price dispersion across both exporters and foreign buyers. Empirical patterns are consistent with foreign buyers facing search costs to find exporters. I estimate a model of search and auctions, where foreign buyers first search for a set of exporters, and then run a competitive bidding process between exporters within that set. In the model, exporters are described by two parameters: a visibility parameter that impacts their likelihood of being found by foreign buyers and a cost parameter that drives the level of their price quotes and thus their market share with each foreign buyer. Visibility explains an important part of the firm size distribution. On the buyer side, searching for an additional exporter has an estimated cost of about $2,000. Moving to a centralized market would lead to a five percent decrease in transaction prices. Chapter 2 looks at the relationship between firms’ output quality and their organizational structure. Using data on the production and transaction chain that makes up Peruvian fishmeal manufacturing, we establish three results. First, firms integrate existing suppliers when the quality premium rises for exogenous reasons. Second, suppliers change their behavior to better maintain input quality when vertically integrated. Third, firms produce a higher share of high-quality output when supplier availability constraints shift them into using integrated suppliers. Overall, our results indicate that quality upgrading is an important motive for integrating suppliers facing a quantity-quality trade-off, as classical theories of the firm predict. Chapter 3 quantifies the impact of import license liberalization in Myanmar’s unique political economy environment. By contrast to previous literature on the issue, we find that liberalization did not lead to substantial entry in the sectors populated by firms connected to the party in power. We document two facts that rationalize these findings. First, connected firms tend to import products subject to important economies of scale, which provide opportunities for rent-seeking and act as a “natural” barrier to entry for small firms. Second, we show that a subset of the products liberalized de jure were not liberalized de…

Subjects/Keywords: Economics; International business enterprises; Business enterprises

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APA (6^th Edition):

Teachout, M. (2019). Essays on Firms in Developing Countries. (Doctoral Dissertation). Columbia University. Retrieved from https://doi.org/10.7916/d8-r4pc-bn41

Chicago Manual of Style (16^th Edition):

Teachout, Matthieu. “Essays on Firms in Developing Countries.” 2019. Doctoral Dissertation, Columbia University. Accessed December 06, 2019. https://doi.org/10.7916/d8-r4pc-bn41.

MLA Handbook (7^th Edition):

Teachout, Matthieu. “Essays on Firms in Developing Countries.” 2019. Web. 06 Dec 2019.

Vancouver:

Teachout M. Essays on Firms in Developing Countries. [Internet] [Doctoral dissertation]. Columbia University; 2019. [cited 2019 Dec 06]. Available from: https://doi.org/10.7916/d8-r4pc-bn41.

Council of Science Editors:

Teachout M. Essays on Firms in Developing Countries. [Doctoral Dissertation]. Columbia University; 2019. Available from: https://doi.org/10.7916/d8-r4pc-bn41

Rutgers University

2. Nwoke, Kelechi, 1974-. De novo firm growth, innovation and take-off.

Degree: PhD, Management, 2018, Rutgers University

URL: https://rucore.libraries.rutgers.edu/rutgers-lib/57361/

►

Interest in the benefits and drawbacks that stem from the geographic distribution of firms – meaning the socio-economic environment in which they operate – as… (more)

Subjects/Keywords: New business enterprises

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APA (6^th Edition):

Nwoke, Kelechi, 1. (2018). De novo firm growth, innovation and take-off. (Doctoral Dissertation). Rutgers University. Retrieved from https://rucore.libraries.rutgers.edu/rutgers-lib/57361/

Chicago Manual of Style (16^th Edition):

Nwoke, Kelechi, 1974-. “De novo firm growth, innovation and take-off.” 2018. Doctoral Dissertation, Rutgers University. Accessed December 06, 2019. https://rucore.libraries.rutgers.edu/rutgers-lib/57361/.

MLA Handbook (7^th Edition):

Nwoke, Kelechi, 1974-. “De novo firm growth, innovation and take-off.” 2018. Web. 06 Dec 2019.

Vancouver:

Nwoke, Kelechi 1. De novo firm growth, innovation and take-off. [Internet] [Doctoral dissertation]. Rutgers University; 2018. [cited 2019 Dec 06]. Available from: https://rucore.libraries.rutgers.edu/rutgers-lib/57361/.

Council of Science Editors:

Nwoke, Kelechi 1. De novo firm growth, innovation and take-off. [Doctoral Dissertation]. Rutgers University; 2018. Available from: https://rucore.libraries.rutgers.edu/rutgers-lib/57361/

Nelson Mandela Metropolitan University

3. Silwana, Hlumela Zukiswa. The influence of people-centred leadership styles on owners's job satisfation and perceived financial performance : an SME perspective.

Degree: MCom, Faculty of Business and Economic Sciences, 2015, Nelson Mandela Metropolitan University

URL: http://hdl.handle.net/10948/d1018511

► It is well supported in the literature that a positive relationship exists between effective leadership and business success. Given the importance of SMEs in South… (more)

▼ It is well supported in the literature that a positive relationship exists between effective leadership and business success. Given the importance of SMEs in South Africa, their large numbers, and the extent to which they positively influence the economy of the country, it is important to study leadership behaviour in the context of small and medium-sized businesses in an attempt to reduce their high failure rates. More specifically a need has been identified to research, develop, and implement more ethical and relational leadership styles among business owners. The focus of this study is therefore on several people-centred leadership styles, and their influence on selected outcomes among the owners of small and medium-sized businesses. Against this background, the primary objective is to assess the level of Servant, Authentic, Ethical and Participative leadership exhibited by SME owners in the Eastern Cape, and to establish whether exhibiting these people-centred leadership styles influences their Job satisfaction and the Perceived financial performance of their businesses. A quantitative research paradigm was adopted for this study. More specifically, an explanatory and descriptive study of a cross-sectional nature was undertaken. A comprehensive literature study was conducted using existing secondary sources. The primary data collection procedures involved selecting the population, the sample, and the sampling method, as well as the sample size for the study. For the purpose of this study, the population consisted of all small and medium-sized business owners operating businesses within the boundaries of the Eastern Cape Province. A sample of 500 of these businesses was selected by means of convenience sampling. In total 246 usable questionnaires were returned, on which to undertake the statistical analyses. A survey was undertaken, and a structured, self-administered questionnaire was used to gather the necessary data. The scales for measuring the constructs under investigation were developed based on previous research. To assess the validity of the scales measuring the constructs in this study, an exploratory factor analysis was undertaken, and its reliability was tested by calculating Cronbach’s alpha coefficients. Statistical analysis included descriptive statistics, Pearson’s product moment correlation, regression analyses (simple and multiple) and analyses of variance. Five usable factors were extracted from the exploratory factor analysis; these corresponded with the theoretical dimensions of Participative leadership, Perceived financial performance, Ethical leadership, Servant leadership, and Job satisfaction. The items measuring Authentic leadership did not load as expected, and this construct was thus no longer included in empirical testing in this study. Satisfactory evidence of validity and reliability were provided for the other factors extracted. The independent variables reported mean scores of between 3.760 and 4.548, with the majority of respondents agreeing with the statements measuring these… Advisors/Committee Members: Farrington, S M Prof, Lillah, R.

Subjects/Keywords: Leadership; Job satisfaction; Business enterprises

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APA (6^th Edition):

Silwana, H. Z. (2015). The influence of people-centred leadership styles on owners's job satisfation and perceived financial performance : an SME perspective. (Masters Thesis). Nelson Mandela Metropolitan University. Retrieved from http://hdl.handle.net/10948/d1018511

Chicago Manual of Style (16^th Edition):

Silwana, Hlumela Zukiswa. “The influence of people-centred leadership styles on owners's job satisfation and perceived financial performance : an SME perspective.” 2015. Masters Thesis, Nelson Mandela Metropolitan University. Accessed December 06, 2019. http://hdl.handle.net/10948/d1018511.

MLA Handbook (7^th Edition):

Silwana, Hlumela Zukiswa. “The influence of people-centred leadership styles on owners's job satisfation and perceived financial performance : an SME perspective.” 2015. Web. 06 Dec 2019.

Vancouver:

Silwana HZ. The influence of people-centred leadership styles on owners's job satisfation and perceived financial performance : an SME perspective. [Internet] [Masters thesis]. Nelson Mandela Metropolitan University; 2015. [cited 2019 Dec 06]. Available from: http://hdl.handle.net/10948/d1018511.

Council of Science Editors:

Silwana HZ. The influence of people-centred leadership styles on owners's job satisfation and perceived financial performance : an SME perspective. [Masters Thesis]. Nelson Mandela Metropolitan University; 2015. Available from: http://hdl.handle.net/10948/d1018511

University of Hong Kong

4. 杜佳霖; Du, Jialin. Managing institutional environment in emerging economy : longitudinal investigation of foreign firms in China.

Degree: PhD, 2017, University of Hong Kong

URL: http://hdl.handle.net/10722/249211

► Emerging economies are considered as the business arena providing major growth opportunities for multinational corporations (MNCs). However, the institutional environment characterized by pervasive institutional voids… (more)

▼ Emerging economies are considered as the business arena providing major growth opportunities for multinational corporations (MNCs). However, the institutional environment characterized by pervasive institutional voids and fundamental market-oriented institutional transitions, has posed great challenges for MNCs entering and operating in emerging economies. Despite the growing research attentions given to the shaping effects of institutional factors on firms’ strategic choices and performance, most of the previous studies take an independent and static view of institutional effects. The independent view assumes away the interactive effects among different institutional factors, while the static view neglects the dynamic complexities raised by promarket reforms undergoing in emerging economy. The goal of this thesis is to narrow these research gaps and thereby gain better understandings of how MNCs can strategically manage the challenging institutional environment in emerging economy. Two studies in this thesis address each research gap respectively. Taking an interactive view, the first study emphasizes the multifaceted nature of institutional environments and examines how multiple institutional dimensions distinctively and interactively shape MNCs’ ownership choices. While previous studies have identified a variety of firm-level strategies that can substitute for absent and inefficient institutions (e.g. business groups, family control, reputation, relational networks), this study adds to the literature by suggesting that, within a multifaceted institution system, voids generated by some dysfunctional institutional aspects can be compensated by other sets of institutions. Empirical analyses corroborate this argument and provide supportive evidence to the interactive institution-based view proposed in this study. Taking a dynamic view, the second study examines how market-oriented institutional transitions undergoing in emerging economy influence the performance of MNCs’ foreign subsidiaries in this context. Despite the growing research interests in institutional transitions in emerging economy, existing studies predominantly focus on the extent and outcome of institutional changes while largely neglect the process heterogeneities. Drawing on the environment variability literature, this study identifies three key dimensions of institutional dynamism (i.e. the speed, unpredictability, and un-synchronization of institutional changes), and examine their performance implications on foreign-invested firms. Empirical analyses based on a large sample of foreign firms across ten years show that foreign firms suffer financially when the market-oriented institutional transition in the focal region has a low speed, high level of unpredictability and high level of un-synchronization. To deter these negative effects, the study further examines the buffering effects of three firm-level contingencies. Specifically, the results reveal that partnering with state-owned enterprises and accumulating local experiences can significantly… Advisors/Committee Members: Chan, CMK.

Subjects/Keywords: Business enterprises; Foreign - China

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APA (6^th Edition):

杜佳霖; Du, J. (2017). Managing institutional environment in emerging economy : longitudinal investigation of foreign firms in China. (Doctoral Dissertation). University of Hong Kong. Retrieved from http://hdl.handle.net/10722/249211

Chicago Manual of Style (16^th Edition):

杜佳霖; Du, Jialin. “Managing institutional environment in emerging economy : longitudinal investigation of foreign firms in China.” 2017. Doctoral Dissertation, University of Hong Kong. Accessed December 06, 2019. http://hdl.handle.net/10722/249211.

MLA Handbook (7^th Edition):

杜佳霖; Du, Jialin. “Managing institutional environment in emerging economy : longitudinal investigation of foreign firms in China.” 2017. Web. 06 Dec 2019.

Vancouver:

杜佳霖; Du J. Managing institutional environment in emerging economy : longitudinal investigation of foreign firms in China. [Internet] [Doctoral dissertation]. University of Hong Kong; 2017. [cited 2019 Dec 06]. Available from: http://hdl.handle.net/10722/249211.

Council of Science Editors:

杜佳霖; Du J. Managing institutional environment in emerging economy : longitudinal investigation of foreign firms in China. [Doctoral Dissertation]. University of Hong Kong; 2017. Available from: http://hdl.handle.net/10722/249211

Nelson Mandela Metropolitan University

5. Vellem, Masixole. A profile of selected enterprises and their adopted cost allocation systems in Nelson Mandela Bay.

Degree: 2017, Nelson Mandela Metropolitan University

URL: http://hdl.handle.net/10948/13568

► Activity-based costing is a cost allocation method which appears to have many benefits when compared to traditional costing systems. However, there is limited academic research… (more)

Subjects/Keywords: Cost accounting; Budget; Business enterprises

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APA (6^th Edition):

Vellem, M. (2017). A profile of selected enterprises and their adopted cost allocation systems in Nelson Mandela Bay. (Thesis). Nelson Mandela Metropolitan University. Retrieved from http://hdl.handle.net/10948/13568

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Vellem, Masixole. “A profile of selected enterprises and their adopted cost allocation systems in Nelson Mandela Bay.” 2017. Thesis, Nelson Mandela Metropolitan University. Accessed December 06, 2019. http://hdl.handle.net/10948/13568.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Vellem, Masixole. “A profile of selected enterprises and their adopted cost allocation systems in Nelson Mandela Bay.” 2017. Web. 06 Dec 2019.

Vancouver:

Vellem M. A profile of selected enterprises and their adopted cost allocation systems in Nelson Mandela Bay. [Internet] [Thesis]. Nelson Mandela Metropolitan University; 2017. [cited 2019 Dec 06]. Available from: http://hdl.handle.net/10948/13568.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Vellem M. A profile of selected enterprises and their adopted cost allocation systems in Nelson Mandela Bay. [Thesis]. Nelson Mandela Metropolitan University; 2017. Available from: http://hdl.handle.net/10948/13568

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Columbia University

6. de Rochambeau, Golvine. Essays on Development Economics.

Degree: 2018, Columbia University

URL: https://doi.org/10.7916/D8BV9022

► After two civil wars and a health epidemic destroyed most of Liberia’s economy, paths to the country’s recovery and growth have seldom been studied in… (more)

▼ After two civil wars and a health epidemic destroyed most of Liberia’s economy, paths to the country’s recovery and growth have seldom been studied in the economics literature. This dissertation contains three chapters on topics around a particular factor of growth: the private sector. The first two chapters address the freight transport sector in Liberia. Understanding how and at what cost commodities are transported intra-nationally is key to promote sustainable growth. The third chapter explores the tender process, and how it can be made more efficient. In Chapter 1, I study the introduction of a new technology in Liberia’s transport sector. While standard economic theory predicts that the introduction of a monitoring device should increase the productivity of the worker, I show that this is not necessarily the case. I use an experiment where I introduce a monitoring technology on trucks to measure the impact of the technology on the worker. I find three main results. First, the technology had an overall positive effect on the drivers who received the technology. Second, the managers choose to install the technology only on the drivers they trust the least. Third, the technology had an adverse effect on the drivers at the margin. These results are consistent with a theory of intrinsic motivation. The key insight of the model is that monitoring workers crowds out their intrinsic motivation to work hard. If a driver is intrinsically motivated, monitoring him may have adverse effects on the effort he provides. This chapter is the first evidence from the field of the adverse effect of a monitoring device. The results provide evidence that a blind application of monitoring devices to the entire worker-base may produce suboptimal effects and that managers seem on average to be able to identify the workers who are not intrinsically motivated. In Chapter 2, I propose an estimation of Liberia’s intra-national trade costs, and shed light on why these estimates are so high. Using data on Liberia’s commodity prices, I estimate how trade costs vary with distance. I find that estimated trade costs per distance are significantly bigger in Liberia than they are in other countries. I then use data from a survey of transport companies to estimate travel times. Trade costs per travel time — and not per distance – are still bigger in Liberia than they are in other countries, but to a lower extent than trade costs per distance. I conclude that the speed of vehicles, which captures road-specific characteristics such as road quality, explains a significant share of the difference in trade costs between Liberia and other countries. Chapter 3 evaluates the effect of a training program that teaches firms how to apply to tenders. We show that firms who took such a training increased the number of contracts won as well the quality of those contracts. However the impact of this training is heterogenous across firms. In particular, we explore this heterogeneity along expected discrimination. Firms who believe that they are…

Subjects/Keywords: Economics; Economic development; Business enterprises

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

de Rochambeau, G. (2018). Essays on Development Economics. (Doctoral Dissertation). Columbia University. Retrieved from https://doi.org/10.7916/D8BV9022

Chicago Manual of Style (16^th Edition):

de Rochambeau, Golvine. “Essays on Development Economics.” 2018. Doctoral Dissertation, Columbia University. Accessed December 06, 2019. https://doi.org/10.7916/D8BV9022.

MLA Handbook (7^th Edition):

de Rochambeau, Golvine. “Essays on Development Economics.” 2018. Web. 06 Dec 2019.

Vancouver:

de Rochambeau G. Essays on Development Economics. [Internet] [Doctoral dissertation]. Columbia University; 2018. [cited 2019 Dec 06]. Available from: https://doi.org/10.7916/D8BV9022.

Council of Science Editors:

de Rochambeau G. Essays on Development Economics. [Doctoral Dissertation]. Columbia University; 2018. Available from: https://doi.org/10.7916/D8BV9022

Nelson Mandela Metropolitan University

7. [No author]. Evaluating entrepreneurial traits and business practices of SMEs in the Eastern Cape.

Degree: Faculty of Business and Economic Sciences, 2015, Nelson Mandela Metropolitan University

URL: http://hdl.handle.net/10948/11103

► Small and Medium Size Enterprises (SMEs) are considered a vital catalyst for economic growth and a source of job creation. In South Africa, with the… (more)

▼ Small and Medium Size Enterprises (SMEs) are considered a vital catalyst for economic growth and a source of job creation. In South Africa, with the high levels of unemployment, the contribution made by SMEs is of particular importance. However this sector of the economy is plagued by a high rate of business failure. In an effort to improve the current situation, this study sought to identify which business practices and entrepreneurial traits are present in SMEs in the Eastern Cape that may enhance business performance. The research was carried out amongst SMEs in the Eastern Cape however the results and recommendations of the study can be applied to SMEs in other parts of the country. The research methodology employed in this study was a quantitative approach. A web-based survey was distributed to potential respondents. The criteria used in identify potential respondents for the purpose of this study was that, the SME had to have less than 200 employees and been in business for more than three years. A combination of snowball and convenience sampling was used to select the sample. The researcher developed a conceptual framework using the literature as basis. The survey was distributed to 40 potential respondents. A total of 21 responses were received which translates to a 51 percent response rate. Data analysis was performed by means of descriptive and inferential statistics. The study confirmed the existence of a significant relationship between the independent variables being human resource management, accounting, technology, internal controls and entrepreneurial traits and the dependent variables being business performance. The study affirmed the notion that certain business practices and entrepreneurial traits should be prevalent in a SMEs business in order to enhance business performance. The findings of this study are such that these business practices should be present however the variables highlighted here are not absolute as there are other business practices that are of equal importance.

Subjects/Keywords: Entrepreneurship; New business enterprises

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APA (6^th Edition):

author], [. (2015). Evaluating entrepreneurial traits and business practices of SMEs in the Eastern Cape. (Thesis). Nelson Mandela Metropolitan University. Retrieved from http://hdl.handle.net/10948/11103

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

author], [No. “Evaluating entrepreneurial traits and business practices of SMEs in the Eastern Cape.” 2015. Thesis, Nelson Mandela Metropolitan University. Accessed December 06, 2019. http://hdl.handle.net/10948/11103.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

author], [No. “Evaluating entrepreneurial traits and business practices of SMEs in the Eastern Cape.” 2015. Web. 06 Dec 2019.

Vancouver:

author] [. Evaluating entrepreneurial traits and business practices of SMEs in the Eastern Cape. [Internet] [Thesis]. Nelson Mandela Metropolitan University; 2015. [cited 2019 Dec 06]. Available from: http://hdl.handle.net/10948/11103.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

author] [. Evaluating entrepreneurial traits and business practices of SMEs in the Eastern Cape. [Thesis]. Nelson Mandela Metropolitan University; 2015. Available from: http://hdl.handle.net/10948/11103

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Rutgers University

8. Tamayo, Cesar E., 1981-. Essays in bankruptcy and firm finance.

Degree: PhD, Economics, 2015, Rutgers University

URL: https://rucore.libraries.rutgers.edu/rutgers-lib/47595/

►

This dissertation investigates the role that capital market imperfections play in shaping the behavior of firms along several dimensions: capital structure, investment policies, bankruptcy decisions… (more)

▼

This dissertation investigates the role that capital market imperfections play in shaping the behavior of firms along several dimensions: capital structure, investment policies, bankruptcy decisions and life-cycle dynamics. The dissertation puts together two separate but closely related papers, both of which are concerned with bankruptcy and firm financing under asymmetric information and limited enforcement. In Chapter 2, I present a model of firm finance that encompasses imperfect investor protection, risk aversion and costly state verification. Imperfect investor protection is introduced through the limited liability clause of the financial contract, and captures the maximum fraction of returns that the investor can seize from the entrepreneur. A positive lower bound on consumption then interacts with entrepreneurial risk aversion in non-trivial ways. I characterize optimal contracts and study the conditions under which standard debt is optimal. Under suitable assumptions about the structure of the problem, standard debt contracts (SDCs) are optimal if and only if investor protection is sufficiently low. On the other hand, low investor protection results in higher funding costs and bankruptcy probabilities. In my setting, this implies that when SDCs are optimal, lowering investor protection reduces the entrepreneur's welfare. Numerical examples show that moderate changes in investor protection can have large effects on the terms of the contract and on the entrepreneur's welfare. Finally, I study the role of leverage and consider the welfare consequences suboptimally implementing standard debt contracts. In Chapter 3 I study firm dynamics and industry equilibrium when firms under financial distress face a non-trivial choice between alternative bankruptcy procedures. Given limited commitment and asymmetric information, financial contracts specify default, renegotiation and reorganization policies. Default occurs in equilibrium and leads to either liquidation or renegotiation. Renegotiation entails a redistribution of social surplus, while reorganization takes the form of enhanced creditor monitoring. Firms with better contract histories are less likely to default, but, contingent on default, firms with better outside options successfully renegotiate, in line with the empirical evidence. Unless monitoring is too costly, renegotiation leads to reorganization, which resembles actual bankruptcy practice. I calibrate the model to match certain aspects of the data on bankruptcy and firm dynamics in the U.S. My counterfactual experiments show that, compared with an economy with liquidation only, the rehabilitation of firms (renegotiation and reorganization) has a sizable negative effect on exit rates and size dispersion, and positive effects on average size and productivity.

Advisors/Committee Members: Chang, Roberto (chair), Keister, Todd (internal member), Fuentes-Albero, Cristina (internal member), Rebucci, Alessandro (outside member).

Subjects/Keywords: Bankruptcy; Business enterprises – Finance

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APA (6^th Edition):

Tamayo, Cesar E., 1. (2015). Essays in bankruptcy and firm finance. (Doctoral Dissertation). Rutgers University. Retrieved from https://rucore.libraries.rutgers.edu/rutgers-lib/47595/

Chicago Manual of Style (16^th Edition):

Tamayo, Cesar E., 1981-. “Essays in bankruptcy and firm finance.” 2015. Doctoral Dissertation, Rutgers University. Accessed December 06, 2019. https://rucore.libraries.rutgers.edu/rutgers-lib/47595/.

MLA Handbook (7^th Edition):

Tamayo, Cesar E., 1981-. “Essays in bankruptcy and firm finance.” 2015. Web. 06 Dec 2019.

Vancouver:

Tamayo, Cesar E. 1. Essays in bankruptcy and firm finance. [Internet] [Doctoral dissertation]. Rutgers University; 2015. [cited 2019 Dec 06]. Available from: https://rucore.libraries.rutgers.edu/rutgers-lib/47595/.

Council of Science Editors:

Tamayo, Cesar E. 1. Essays in bankruptcy and firm finance. [Doctoral Dissertation]. Rutgers University; 2015. Available from: https://rucore.libraries.rutgers.edu/rutgers-lib/47595/

Rutgers University

9. Jin, Jing, 1987-. Essays on multinational financial managment.

Degree: PhD, Management, 2016, Rutgers University

URL: https://rucore.libraries.rutgers.edu/rutgers-lib/50532/

►

My dissertation comprises of two essays: 1) Difference in responses to currency crisis between multinational firms and local firms: the use of foreign currency debt… (more)

▼

My dissertation comprises of two essays: 1) Difference in responses to currency crisis between multinational firms and local firms: the use of foreign currency debt and 2) the impact of internal capital markets on the cash holdings of subsidiaries of multinational corporations. The first essay looks at the differential responses to currency crisis between multinational affiliates and local firms when both have exposure to foreign currency debt. Previous papers (Desai, Foley and Forbes, 2008) have found that U.S. multinational affiliates use their internal capital markets to capitalize on the benefits of large currency depreciation and increase sales and investment significantly more than local firms. We trace this differential response to the use of foreign currency debt. We find that local firms without foreign currency debt are less affected by currency depreciation. In addition, multinational affiliates whose parent firms are also affected by currency crisis in their home country decreases sales and assets more. The second essay examines the impact of internal capital markets on the cash holdings of emerging market subsidiaries of multinational corporations. We examine a panel of 489 multinational firms (with 2208 subsidiaries) and 749 local firms across seven countries from 2004 to 2013 and find that emerging market subsidiaries of multinational firms tend to hold significantly less cash than their emerging market competitors (local firms). This finding is suggestive of the existence of a favorable internal capital market for these subsidiaries. In addition, we examine the impact of the 2009-2010 sovereign debt crisis on cash holdings and find that, after the crisis, firms hold less cash in general and the difference in cash holdings between subsidiaries and their local counterparts decreases. Lastly, we find that the domicile of the parent company matters. When the parent is located in developed countries, there seems to be an effective internal capital market, and the multinational affiliates tend to hold less cash than the local competitors. In contrast, when the parent firms are located in developing countries, the multinational affiliates seem to derive little benefit from the internal capital market, and there is no significant difference in cash holdings.

Advisors/Committee Members: Liao, Rose (chair).

Subjects/Keywords: International business enterprises – Finance

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APA (6^th Edition):

Jin, Jing, 1. (2016). Essays on multinational financial managment. (Doctoral Dissertation). Rutgers University. Retrieved from https://rucore.libraries.rutgers.edu/rutgers-lib/50532/

Chicago Manual of Style (16^th Edition):

Jin, Jing, 1987-. “Essays on multinational financial managment.” 2016. Doctoral Dissertation, Rutgers University. Accessed December 06, 2019. https://rucore.libraries.rutgers.edu/rutgers-lib/50532/.

MLA Handbook (7^th Edition):

Jin, Jing, 1987-. “Essays on multinational financial managment.” 2016. Web. 06 Dec 2019.

Vancouver:

Jin, Jing 1. Essays on multinational financial managment. [Internet] [Doctoral dissertation]. Rutgers University; 2016. [cited 2019 Dec 06]. Available from: https://rucore.libraries.rutgers.edu/rutgers-lib/50532/.

Council of Science Editors:

Jin, Jing 1. Essays on multinational financial managment. [Doctoral Dissertation]. Rutgers University; 2016. Available from: https://rucore.libraries.rutgers.edu/rutgers-lib/50532/

Massey University

10. Chen, XiaoQi. The impact of political connections on Chinese listed firms.

Degree: PhD, Finance, 2016, Massey University

URL: http://hdl.handle.net/10179/11853

► This thesis investigates the impact of a new type of “princeling” political connection on Chinese listed companies. Three specific issues are examined through three interconnected… (more)

▼ This thesis investigates the impact of a new type of “princeling” political connection on Chinese listed companies. Three specific issues are examined through three interconnected essays: characteristics of “princeling” politically connected firms (PCFs) with respect to accounting numbers in financial statements and corporate governance; the expropriation on earnings by PCFs; and the impact of political connections on stock returns. Firstly, to examine the characteristics of PCFs, this thesis systematically examines the differences between PCFs and their matching firms with respect to financial statement accounts and corporate governance during the period from 1992 to 2011. This thesis finds that PCFs have significantly greater profitability and market valuation, but they have significantly lower net investments and net fixed assets compared to non-connected firms. Moreover, board directors are on average older and have higher educational levels in PCFs, relative to non-connected firms. Surprisingly, PCFs exhibits larger percentage of directors with academic backgrounds. Secondly, an investigation is made on the link between political connections and value expropriation. This thesis finds PCFs stockpile disproportionately larger retained earnings but pay lower cash dividends, compared to unconnected firms. This thesis further finds such behaviour in PCFs is not due to either investment or precautionary motives. These results immediately give rise to the question of what happens to the retained earnings. By examining the components of retained earnings, this thesis identifies a new form of tunnelling in the form of a discrepancy in the accounting for changes in retained earnings, newly defined as “grey usage”. Specifically, PCFs have higher average grey usages on retained earnings than matching firms, by CNY 4.68 million. The findings provide important information for investors that PCFs may potentially increase the risk of expropriation through grey usages. The final examination investigates the market response to the “princelings” political connection. This thesis compares the cumulative abnormal stock returns between PCFs and unconnected firms. Three benchmarks are applied: cumulative market adjusted abnormal returns (CMAARs); cumulative risk adjusted abnormal returns (CRAARs); and cumulative abnormal returns adjusted from the Fama-French three factors model (CFAARs). No matter which benchmark is used, firms connected to PCFs show higher cumulative abnormal stock returns than matching firms. Also, this study finds that PCFs outperform matching firms in the Conglomerates and Industrials sectors, but not in others. This result could be due to the predominance of firms in the Conglomerates and Industrial sectors in the connected firm samples.

Subjects/Keywords: Business enterprises; Government business enterprises; Corporate governance; China; Political connections

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APA (6^th Edition):

Chen, X. (2016). The impact of political connections on Chinese listed firms. (Doctoral Dissertation). Massey University. Retrieved from http://hdl.handle.net/10179/11853

Chicago Manual of Style (16^th Edition):

Chen, XiaoQi. “The impact of political connections on Chinese listed firms.” 2016. Doctoral Dissertation, Massey University. Accessed December 06, 2019. http://hdl.handle.net/10179/11853.

MLA Handbook (7^th Edition):

Chen, XiaoQi. “The impact of political connections on Chinese listed firms.” 2016. Web. 06 Dec 2019.

Vancouver:

Chen X. The impact of political connections on Chinese listed firms. [Internet] [Doctoral dissertation]. Massey University; 2016. [cited 2019 Dec 06]. Available from: http://hdl.handle.net/10179/11853.

Council of Science Editors:

Chen X. The impact of political connections on Chinese listed firms. [Doctoral Dissertation]. Massey University; 2016. Available from: http://hdl.handle.net/10179/11853

Hong Kong University of Science and Technology

11. Ma, Qing. Three essays on corporate governance : internal and external restructuring.

Degree: 2016, Hong Kong University of Science and Technology

URL: https://doi.org/10.14711/thesis-b1610261 ; http://repository.ust.hk/ir/bitstream/1783.1-82350/1/th_redirect.html

► In this thesis, I investigate corporate governance with an emphasis on a firm’s internal and external restructuring. I examine in the first chapter the best… (more)

▼ In this thesis, I investigate corporate governance with an emphasis on a firm’s internal and external restructuring. I examine in the first chapter the best divestment option for a firm to divest a subsidiary from sell-offs, spin-offs, carve-outs, and management buyouts. In an infinite-period growth model, subsidiary managers have complete information about the subsidiary’s profitability, while firm owners and outside buyers may have incomplete information depending on whether the divestiture is public or private (types of divestiture) and whether the information is explicit or tacit (nature of information). I show that the nature of information, incompleteness of information, risk aversion, synergy, and discount on future performance play important roles in determining the best divestment option. The second chapter presents a unified theory of forward- and backward-looking M&As and divestitures. In a two-period model, two firms consider integrating or separating for each period. I analyze forward- and backward-looking M&As and divestitures and compare them with their static counterparts. I show that forward- and backward-looking organizational decisions are significantly different from static ones. The influence of past and future decisions on current decisions depends on market risk and fluctuations, synergy, asset specificity, and market mood. In the third chapter, I study the boundary of the firm with an endogenous firm structure. By comparing the firm’s restructuring options (internal vs. external), I determine the boundary of the firm based on the optimal firm structure. I find that when market uncertainty rises, a decentralized firm (D-firm) is more likely to carry out internal restructuring, while a centralized firm (C-firm) is more likely to carry out external restructuring. When market competition intensifies, a D-firm will stay put, while a C-firm is more likely to opt for either internal or external restructuring depending on whether there is positive synergy among divisions.

Subjects/Keywords: Corporate divestiture; Government business enterprises; Corporate reorganizations

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APA (6^th Edition):

Ma, Q. (2016). Three essays on corporate governance : internal and external restructuring. (Thesis). Hong Kong University of Science and Technology. Retrieved from https://doi.org/10.14711/thesis-b1610261 ; http://repository.ust.hk/ir/bitstream/1783.1-82350/1/th_redirect.html

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Ma, Qing. “Three essays on corporate governance : internal and external restructuring.” 2016. Thesis, Hong Kong University of Science and Technology. Accessed December 06, 2019. https://doi.org/10.14711/thesis-b1610261 ; http://repository.ust.hk/ir/bitstream/1783.1-82350/1/th_redirect.html.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Ma, Qing. “Three essays on corporate governance : internal and external restructuring.” 2016. Web. 06 Dec 2019.

Vancouver:

Ma Q. Three essays on corporate governance : internal and external restructuring. [Internet] [Thesis]. Hong Kong University of Science and Technology; 2016. [cited 2019 Dec 06]. Available from: https://doi.org/10.14711/thesis-b1610261 ; http://repository.ust.hk/ir/bitstream/1783.1-82350/1/th_redirect.html.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Ma Q. Three essays on corporate governance : internal and external restructuring. [Thesis]. Hong Kong University of Science and Technology; 2016. Available from: https://doi.org/10.14711/thesis-b1610261 ; http://repository.ust.hk/ir/bitstream/1783.1-82350/1/th_redirect.html

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Hong Kong University of Science and Technology

12. Li, Gen. Supporting or pre-ordering? : threshold effects in reward-based crowdfunding.

Degree: 2016, Hong Kong University of Science and Technology

URL: https://doi.org/10.14711/thesis-b1628026 ; http://repository.ust.hk/ir/bitstream/1783.1-87048/1/th_redirect.html

► Reward-based crowdfunding has been increasingly used by thousands of small businesses to raise capital for their creative projects and ideas. To keep the money raised,… (more)

Subjects/Keywords: Crowd funding; New business enterprises; Finance

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APA (6^th Edition):

Li, G. (2016). Supporting or pre-ordering? : threshold effects in reward-based crowdfunding. (Thesis). Hong Kong University of Science and Technology. Retrieved from https://doi.org/10.14711/thesis-b1628026 ; http://repository.ust.hk/ir/bitstream/1783.1-87048/1/th_redirect.html

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Li, Gen. “Supporting or pre-ordering? : threshold effects in reward-based crowdfunding.” 2016. Thesis, Hong Kong University of Science and Technology. Accessed December 06, 2019. https://doi.org/10.14711/thesis-b1628026 ; http://repository.ust.hk/ir/bitstream/1783.1-87048/1/th_redirect.html.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Li, Gen. “Supporting or pre-ordering? : threshold effects in reward-based crowdfunding.” 2016. Web. 06 Dec 2019.

Vancouver:

Li G. Supporting or pre-ordering? : threshold effects in reward-based crowdfunding. [Internet] [Thesis]. Hong Kong University of Science and Technology; 2016. [cited 2019 Dec 06]. Available from: https://doi.org/10.14711/thesis-b1628026 ; http://repository.ust.hk/ir/bitstream/1783.1-87048/1/th_redirect.html.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Li G. Supporting or pre-ordering? : threshold effects in reward-based crowdfunding. [Thesis]. Hong Kong University of Science and Technology; 2016. Available from: https://doi.org/10.14711/thesis-b1628026 ; http://repository.ust.hk/ir/bitstream/1783.1-87048/1/th_redirect.html

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

University of Hong Kong

13. 金露; Jin, Lu, Jason. Three essays on firm innovation strategy and capability in emerging markets.

Degree: PhD, 2017, University of Hong Kong

URL: http://hdl.handle.net/10722/249829

► In a business environment featured by frequent upheavals and intensive competition, the issue of how to effectively manage innovation to gain competitive advantage is intriguing… (more)

▼ In a business environment featured by frequent upheavals and intensive competition, the issue of how to effectively manage innovation to gain competitive advantage is intriguing for both researchers and practitioners. Over the past three decades, innovation research has advanced significantly, with numerous studies spring taking roots in different theoretical perspectives and tackling many aspects of this complex phenomenon. To shed new light on the burgeoning research on innovation, I have conducted three studies-as detailed in the three essays of this-to explore how various factors influence the innovation success in different types of firms. The first essay examines how the ambidextrous innovation strategy contributes to international joint venture (IJV) performance. Whereas prior literature views ambidexterity as critical for firms to achieve sustainable competitive advantage, controversy exists regarding its conceptualization and operationalization. To address this gap, this essay considers ambidexterity as congruence and incongruence between exploitation and exploration and uses the polynomial regression procedure to examine their effects on IJV performance outcomes. The empirical results based on a sample of 191 IJVs in China reveal that the congruence between exploitation and exploration has an inverted U-shaped effect on IJV performance, whereas the incongruence between exploitation and exploration has a U-shaped effect. Moreover, IJV parent control moderates the ambidexterity-IJV performance link. The congruence between exploitation and exploration leads to greater IJV performance when foreign parent control is higher. In contrast, the incongruence between exploitation and exploration generates superior IJV performance when foreign parent control is lower. These findings offer fresh insights into the theoretical and methodological development of ambidexterity research. The second essay investigates how product newness affects the product performance of new ventures in China. Building on the knowledge-based view and institutional theory, this research investigates the differential impacts of market and technological newness and how knowledge characteristics (i.e., breadth and tacitness) and institutional factors (i.e., legal inadequacy and environmental turbulence) moderate their performance impacts. Results from new high-tech ventures in China indicate that market newness has a stronger positive impact on product performance than technological newness. Moreover, the influence of technological newness on product performance is strengthened by market knowledge breadth or environmental turbulence, but weakened by market knowledge tacitness or legal inadequacy. In contrast, the link between market newness and new product performance is enhanced by market knowledge tacitness yet mitigated by environmental turbulence. These findings provide novel insights on the boundary conditions of product newness in new ventures’ product performance. The third essay explores how government policy affects firm innovation… Advisors/Committee Members: Zhou, KZ.

Subjects/Keywords: Technological innovations - Econometric models - Business enterprises

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APA (6^th Edition):

金露; Jin, Lu, J. (2017). Three essays on firm innovation strategy and capability in emerging markets. (Doctoral Dissertation). University of Hong Kong. Retrieved from http://hdl.handle.net/10722/249829

Chicago Manual of Style (16^th Edition):

金露; Jin, Lu, Jason. “Three essays on firm innovation strategy and capability in emerging markets.” 2017. Doctoral Dissertation, University of Hong Kong. Accessed December 06, 2019. http://hdl.handle.net/10722/249829.

MLA Handbook (7^th Edition):

金露; Jin, Lu, Jason. “Three essays on firm innovation strategy and capability in emerging markets.” 2017. Web. 06 Dec 2019.

Vancouver:

金露; Jin, Lu J. Three essays on firm innovation strategy and capability in emerging markets. [Internet] [Doctoral dissertation]. University of Hong Kong; 2017. [cited 2019 Dec 06]. Available from: http://hdl.handle.net/10722/249829.

Council of Science Editors:

金露; Jin, Lu J. Three essays on firm innovation strategy and capability in emerging markets. [Doctoral Dissertation]. University of Hong Kong; 2017. Available from: http://hdl.handle.net/10722/249829

Coventry University

14. Wendt, H. An evaluation of structural, strategic and cultural dimensions in global account management relationships.

Degree: PhD, 2015, Coventry University

URL: http://curve.coventry.ac.uk/open/items/01772430-247d-4334-8850-502960411a06/1 ; http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.705032

► Market globalisation has led globalised companies and corporations to increase focus on synchronised and centralised business operations management to enjoy new and apparently boundless opportunities… (more)

▼ Market globalisation has led globalised companies and corporations to increase focus on synchronised and centralised business operations management to enjoy new and apparently boundless opportunities for growth and profit. The role of supplying companies as partners who provide globally consistent, coordinated and competitive support has been commonly recognised. However, supply base consolidation, increased bargaining power and imposed global competition have increasingly shifted power to the buyers. In order to reinforce balanced and sustainable business dyads, this thesis addresses global account management (GAM), one of the most discussed paradigms within recent sales and customer relationship management literature. Besides this fact, academics and practitioners still struggle to fully capture the dynamic and complex nature of GAM, not least due to the high degree of internal and external interdependence. Hence, the presented work followed an interdisciplinary aggregation of knowledge in the area of key account management (KAM), GAM and corporate culture. Further, best practice mixed-methods research contributed to a more comprehensive understanding of the interrelations and corresponding factors that determine suppliers’ success within global business relationships. Against this background, the case of a globally leading automotive supplier with long established and sophisticated GAM structures was analysed to gain exclusive primary research insights and add to the existing knowledge base. Thereby King’s (1998) template analysis technique found use to evaluate data from 21 semistructured interviews across operational, management and executive experts from global customer organisations (GCOs), supporting the development of a conceptual, novel and unique global account management performance model: the GPM. Moreover, to cope with the boundaries of purely qualitative research, structural equation modelling based on 199 data sets from an international online survey added to the refinement, statistical validation and generalisation of the findings. Through this process, the concept of structural, strategic and (corporate) cultural fit between global suppliers and customers have been revealed as key domains of the GPM, influencing relational and financial GAM performance outcomes. Subsequently, the contributions of the presented thesis are manifold: First, they extend the scope of current GAM performance models, as the GPM provides a more comprehensive view on structural and strategic aspects traditionally in the focus of GAM research. Second, they supplement prior account management research with empirical confirmation and complement earlier work in the field of corporate culture by illuminating the role of corporate culture for the first time in an international business context. Third, the study outcomes provide exclusive evidence for raising customer awareness of suppliers’ culture and cultural compatibility and explicitly outline cultural fit as a critical performance moderator of global account management. This…

Subjects/Keywords: 658.8; Customer relations; International business enterprises; Commerce

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APA (6^th Edition):

Wendt, H. (2015). An evaluation of structural, strategic and cultural dimensions in global account management relationships. (Doctoral Dissertation). Coventry University. Retrieved from http://curve.coventry.ac.uk/open/items/01772430-247d-4334-8850-502960411a06/1 ; http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.705032

Chicago Manual of Style (16^th Edition):

Wendt, H. “An evaluation of structural, strategic and cultural dimensions in global account management relationships.” 2015. Doctoral Dissertation, Coventry University. Accessed December 06, 2019. http://curve.coventry.ac.uk/open/items/01772430-247d-4334-8850-502960411a06/1 ; http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.705032.

MLA Handbook (7^th Edition):

Wendt, H. “An evaluation of structural, strategic and cultural dimensions in global account management relationships.” 2015. Web. 06 Dec 2019.

Vancouver:

Wendt H. An evaluation of structural, strategic and cultural dimensions in global account management relationships. [Internet] [Doctoral dissertation]. Coventry University; 2015. [cited 2019 Dec 06]. Available from: http://curve.coventry.ac.uk/open/items/01772430-247d-4334-8850-502960411a06/1 ; http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.705032.

Council of Science Editors:

Wendt H. An evaluation of structural, strategic and cultural dimensions in global account management relationships. [Doctoral Dissertation]. Coventry University; 2015. Available from: http://curve.coventry.ac.uk/open/items/01772430-247d-4334-8850-502960411a06/1 ; http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.705032

Columbia University

15. Ando, Sakai. Essays on Misallocation and Firm Regulations.

Degree: 2018, Columbia University

URL: https://doi.org/10.7916/D87S94SH

► This dissertation is a collection of three essays on misallocation and firm regulations. The first chapter investigates how size-dependent firm regulation policies can mitigate misallocation.… (more)

▼ This dissertation is a collection of three essays on misallocation and firm regulations. The first chapter investigates how size-dependent firm regulation policies can mitigate misallocation. The second chapter uses the same framework as the first to explore the intuition of a theoretically more subtle concept of misallocation. The third chapter analyzes a more specific firm regulation that targets at financial dealers. In chapter 1, I study the welfare implications of size-dependent firm regulation policies (SDPs) in the presence of entrepreneurial risks. Although SDP has been considered a source of misallocation, I show that, once entrepreneurial risks are taken into account, SDP might improve efficiency. Quantitatively, I show that, based on French data, removing the SDP leads to output and welfare loss by 1.5% and 1.3%, respectively, in opposition to the output gain reported by the previous literature that abstracts from risks. Qualitatively, I solve an optimal non-linear SDP problem and show that the observed SDP shares certain features with the optimal SDP. The analysis uncovers a novel trade-off between the inefficiencies of the intensive and extensive margins. In extension, it is shown that (1) whether SDPs improve efficiency depends on the level of financial development and (2) capital accumulation and consumption-smoothing motive further justify SDPs. In chapter 2, which is a joint work with Misaki Matsumura, we use the same competitive entrepreneurship model to investigate the economic intuition of constrained inefficiency caused by uninsurable risks. Although the constrained efficiency of various models has been studied in the literature, the economic intuition of why the constrained planner's intervention yields an improvement is usually not available. The competitive entrepreneurship model is particularly suitable for seeing the logic of constrained inefficiency since the structure of the market equilibrium is characterized by the indifference condition instead of the marginal condition. To illustrate this point, we contrast the competitive entrepreneurship model with simple versions of the Aiyagari model and the Krebs model. In chapter 3, which is also a joint work with Misaki Matsumura, we build a general equilibrium model to analyze the impact of the Volcker rule, a dealer regulation imposed after the financial crisis, on price quality (informativeness and volatility) and its implications on the welfare of market participants. We argue that although price informativeness, volatility and the dealer's profitability all deteriorate, against conventional wisdom, other market participants are better off due to the dealer's risk-shifting motive. A static model is used to clarify the main intuition, and the robustness of the welfare results as well as the fragility of the conventional wisdom about price quality are discussed by incorporating dynamics and endogenizing information acquisition.

Subjects/Keywords: Economics; Business enterprises – Government policy; Entrepreneurship

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APA (6^th Edition):

Ando, S. (2018). Essays on Misallocation and Firm Regulations. (Doctoral Dissertation). Columbia University. Retrieved from https://doi.org/10.7916/D87S94SH

Chicago Manual of Style (16^th Edition):

Ando, Sakai. “Essays on Misallocation and Firm Regulations.” 2018. Doctoral Dissertation, Columbia University. Accessed December 06, 2019. https://doi.org/10.7916/D87S94SH.

MLA Handbook (7^th Edition):

Ando, Sakai. “Essays on Misallocation and Firm Regulations.” 2018. Web. 06 Dec 2019.

Vancouver:

Ando S. Essays on Misallocation and Firm Regulations. [Internet] [Doctoral dissertation]. Columbia University; 2018. [cited 2019 Dec 06]. Available from: https://doi.org/10.7916/D87S94SH.

Council of Science Editors:

Ando S. Essays on Misallocation and Firm Regulations. [Doctoral Dissertation]. Columbia University; 2018. Available from: https://doi.org/10.7916/D87S94SH

Columbia University

16. Dari Mattiacci, Giuseppe. Commitment, Liquidity and Control in Business Organizations.

Degree: 2018, Columbia University

URL: https://doi.org/10.7916/D8KW6ZKR

► In this dissertation I reflect on business organizations, as ways to legally organize economic activities. In Chapter 1, I build on extant literature to define… (more)

▼ In this dissertation I reflect on business organizations, as ways to legally organize economic activities. In Chapter 1, I build on extant literature to define a theory of business organizations that is orthogonal and complementary to the theory of the firm. The central question this theory addresses is: What legal form should a firm take? I argue that the “property turn” that has characterized recent advancements in the theory of the firm has yet to fully take place in the theory of business organizations and attempt to make several steps in that direction. In particular, I show that a central issue for organizations is whether the capital provided by investors is committed for the long period or not. Different organizational forms are characterized by different levels of commitment. Historically, the enforceability of commitments to invest for the long was slow to be granted and involved politically-charged process. Once established, long-term commitment of capital unleashed a series of developments that are now well understood to characterize modern markets. In Chapter 2, I build on these ideas to propose a formal model of the commitment of capital for the long term. In the model, two organizational forms are contrasted: one with short-term capital (a “partnership”) and one with capital committed for the long term (a “corporation”). By starting from this basic difference, I show that a series of implications follow. In particular, investors in the corporation have to compensate the loss of liquidity entailed by the long-term commitment with a more liquid market for shares ex post. In turn, liquidity in the market depends endogenously on the degree of asymmetric information that characterizes trade. Thus, for the commitment of capital to be sustainable, shares have to be liquid, which in turn implies that shareholders need to be (in expectation) relatively uninformed so that outside (fully uninformed) investors do not demand too large a discount when purchasing their shares. This mechanism yields implications for the typical size of different organizational forms, with corporations faring better than partnerships in terms of share value when the number of equity holders is large, and vice versa when it is small. In addition, the separation between ownership and control in large corporations, which is typically seen with preoccupation, emerges endogenously from the model as a necessary feature that guarantees liquidity in the secondary market and, in turn, increases share value in the primary market. In Chapter 3, I apply the model to shed light on the regulation of exit. The commitment of financial resources to a project is essential for long-term investment but brings about both a loss of control and a loss of liquidity for investors. Therefore, investors are ordinarily given an exit option. In this chapter, I contrast three common ways to exit: tradability of one's equity position, liquidation rights and redemption rights. I show that they balance liquidity and control very differently. Large…

Subjects/Keywords: Law; Economics; Business enterprises; Liquidity (Economics); Finance

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Dari Mattiacci, G. (2018). Commitment, Liquidity and Control in Business Organizations. (Doctoral Dissertation). Columbia University. Retrieved from https://doi.org/10.7916/D8KW6ZKR

Chicago Manual of Style (16^th Edition):

Dari Mattiacci, Giuseppe. “Commitment, Liquidity and Control in Business Organizations.” 2018. Doctoral Dissertation, Columbia University. Accessed December 06, 2019. https://doi.org/10.7916/D8KW6ZKR.

MLA Handbook (7^th Edition):

Dari Mattiacci, Giuseppe. “Commitment, Liquidity and Control in Business Organizations.” 2018. Web. 06 Dec 2019.

Vancouver:

Dari Mattiacci G. Commitment, Liquidity and Control in Business Organizations. [Internet] [Doctoral dissertation]. Columbia University; 2018. [cited 2019 Dec 06]. Available from: https://doi.org/10.7916/D8KW6ZKR.

Council of Science Editors:

Dari Mattiacci G. Commitment, Liquidity and Control in Business Organizations. [Doctoral Dissertation]. Columbia University; 2018. Available from: https://doi.org/10.7916/D8KW6ZKR

Columbia University

17. Qu, Qiuying. Essays on Bank Lending, Industrial Policy, and Firm Performance.

Degree: 2019, Columbia University

URL: https://doi.org/10.7916/d8-xfe5-q165

► This dissertation analyzes the effect of politically motivated bank lending and industrial policy on firm performance. It first studies zombies firms and political influence on… (more)

▼ This dissertation analyzes the effect of politically motivated bank lending and industrial policy on firm performance. It first studies zombies firms and political influence on bank lending in China. Zombie firms – indebted firms that are unprofitable and depend on banks or government bailouts for continued operation – are a drag on the economies in which they operate. The existence of zombie firms has been attributed to banks continuing to provide forbearance lending for their own interests. But local political officials may also contribute to keeping zombie firms alive, even in settings without the pressures of electoral cycles. Studying loans in China, I examine how bank lending is influenced by local officials and tracks their appointment cycle. I find that there is significant targeting of firms: lending to zombie firms increases in local officials' last service year and exhibits an increasing trend across the appointment cycle, while lending to non-zombie firms shrinks in the last service year and decreases across the cycle. I also find that influence is selective: local officials pressure small local banks more to lend to unprofitable firms, but their ability to affect large nationally operated banks appears to be limited. Second, this dissertation examines the effect of privatization on enterprise performance using evidence from China's state-owned enterprises reform. The ownership structure of China's state-owned enterprises (SOEs) has changed dramatically over the past two decades as a result of privatization reform. Studies of the effect of privatization on enterprise performance are usually subject to selection bias and endogeneity problems. Based on a panel of SOEs from 1998 to 2007, I use a fixed effects model and propensity score matching method to estimate the effect of privatization on enterprise performance, controlling for both time-invariant and time-variant enterprise characteristics. In addition, I distinguish the average effect of privatization from the contemporaneous effect of each round of privatization. Within the sample, privatization leads to an overall increase in productivity, profitability, and innovation activities. Privatization reduces employment temporarily, but enlarges the scale of operations in the long run. The gain in profitability mainly comes from the reduction in administrative expenses and financial expenses. Third, this dissertation explores the effects of export subsidies on firms' investment behaviors and export performances. Although it is well acknowledged that export subsidy is an effective way to increase the scale of exports, its effect on other aspects of firm behaviors and export performances has received less attention. I examine the effect of export subsidy on firms' investment choices in China. To avoid potential endogeneity problems, the empirical analysis uses exogenous variation in the export tax rebate program in China from 2000 to 2006. I find that export subsidy, in the form of export tax rebate, affects firms' investment in advertising,…

Subjects/Keywords: Economics; Industrial policy; Business enterprises; Financial institutions

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APA (6^th Edition):

Qu, Q. (2019). Essays on Bank Lending, Industrial Policy, and Firm Performance. (Doctoral Dissertation). Columbia University. Retrieved from https://doi.org/10.7916/d8-xfe5-q165

Chicago Manual of Style (16^th Edition):

Qu, Qiuying. “Essays on Bank Lending, Industrial Policy, and Firm Performance.” 2019. Doctoral Dissertation, Columbia University. Accessed December 06, 2019. https://doi.org/10.7916/d8-xfe5-q165.

MLA Handbook (7^th Edition):

Qu, Qiuying. “Essays on Bank Lending, Industrial Policy, and Firm Performance.” 2019. Web. 06 Dec 2019.

Vancouver:

Qu Q. Essays on Bank Lending, Industrial Policy, and Firm Performance. [Internet] [Doctoral dissertation]. Columbia University; 2019. [cited 2019 Dec 06]. Available from: https://doi.org/10.7916/d8-xfe5-q165.

Council of Science Editors:

Qu Q. Essays on Bank Lending, Industrial Policy, and Firm Performance. [Doctoral Dissertation]. Columbia University; 2019. Available from: https://doi.org/10.7916/d8-xfe5-q165

18. Calderón-Velarde, Hugo-Zanin. Estudio de prefactibilidad para instalación de un kartódromo con uso de karts de motor eléctrico .

Degree: 2018, Universidad de Lima

URL: http://repositorio.ulima.edu.pe/handle/ulima/7494

► Plantea la instalación de un kartódromo el cual será un lugar de esparcimiento, recreación y diversión donde los clientes podrán participar en familia de un… (more)

Subjects/Keywords: Nuevas empresas; Karting; New business enterprises

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Calderón-Velarde, H. (2018). Estudio de prefactibilidad para instalación de un kartódromo con uso de karts de motor eléctrico . (Thesis). Universidad de Lima. Retrieved from http://repositorio.ulima.edu.pe/handle/ulima/7494

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Calderón-Velarde, Hugo-Zanin. “Estudio de prefactibilidad para instalación de un kartódromo con uso de karts de motor eléctrico .” 2018. Thesis, Universidad de Lima. Accessed December 06, 2019. http://repositorio.ulima.edu.pe/handle/ulima/7494.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Calderón-Velarde, Hugo-Zanin. “Estudio de prefactibilidad para instalación de un kartódromo con uso de karts de motor eléctrico .” 2018. Web. 06 Dec 2019.

Vancouver:

Calderón-Velarde H. Estudio de prefactibilidad para instalación de un kartódromo con uso de karts de motor eléctrico . [Internet] [Thesis]. Universidad de Lima; 2018. [cited 2019 Dec 06]. Available from: http://repositorio.ulima.edu.pe/handle/ulima/7494.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Calderón-Velarde H. Estudio de prefactibilidad para instalación de un kartódromo con uso de karts de motor eléctrico . [Thesis]. Universidad de Lima; 2018. Available from: http://repositorio.ulima.edu.pe/handle/ulima/7494

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Rutgers University

19. Hewitt, Elizabeth L., 1979-. Leveraging organizational dynamics in buildings to change behavior.

Degree: PhD, Planning and Public Policy, 2015, Rutgers University

URL: https://rucore.libraries.rutgers.edu/rutgers-lib/48511/

►

Buildings may be stationary, but they are not static; they are dynamic and active collectives of agents and actors, and play an important cultural and… (more)

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Buildings may be stationary, but they are not static; they are dynamic and active collectives of agents and actors, and play an important cultural and social role in shaping norms and influencing outcomes in the built environment. This research develops and applies a unique framework that conceptualizes the urban multifamily residential building as an organization, and seeks to use this lens to better understand the role of organizational characteristics in influencing energy efficiency in buildings. This work finds that an organizational analogy is a fruitful approach for understanding buildings, and that buildings in many ways can and do function successfully as organizations. In particular, eight organizational characteristics are explored here that extend well to buildings. These eight organizational characteristics are also explored more deeply to support an argument that some buildings have an organizational advantage that well positions them to undertake energy efficiency initiatives. One organizational characteristic – the ownership type of the building – is determined to be particularly important in driving energy outcomes in multifamily buildings in New York City. In particular, it was found that cooperative buildings in the New York City housing market consume less energy citywide than other types of multifamily properties, holding all else equal. Conversely, it was also found that rental buildings tend to consume more energy citywide. Subsequent qualitative case study work in a small Brooklyn cooperative building offers a deeper understanding of organizational decentralization and its role in driving decision-making and outcomes in the building. Additional comparative work in two rental properties – one high-income and one low-income – adds additional context and understanding to economic considerations such as the influence of income in overriding centralized efforts to operate the building efficiently. Ultimately, this research develops an analogy of buildings-as-organizations – a conceptual framework – to better understand tangible built space. It posits that all buildings can function as organizations, and extends this framework to the urban multifamily building to advance knowledge of energy efficiency.

Advisors/Committee Members: Andrews, Clinton (chair), Seneca, Joseph (internal member), Shwom, Rachael (internal member), Wener, Richard (outside member).

Subjects/Keywords: Associations, institutions, etc; Business enterprises; Buildings

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APA (6^th Edition):

Hewitt, Elizabeth L., 1. (2015). Leveraging organizational dynamics in buildings to change behavior. (Doctoral Dissertation). Rutgers University. Retrieved from https://rucore.libraries.rutgers.edu/rutgers-lib/48511/

Chicago Manual of Style (16^th Edition):

Hewitt, Elizabeth L., 1979-. “Leveraging organizational dynamics in buildings to change behavior.” 2015. Doctoral Dissertation, Rutgers University. Accessed December 06, 2019. https://rucore.libraries.rutgers.edu/rutgers-lib/48511/.

MLA Handbook (7^th Edition):

Hewitt, Elizabeth L., 1979-. “Leveraging organizational dynamics in buildings to change behavior.” 2015. Web. 06 Dec 2019.

Vancouver:

Hewitt, Elizabeth L. 1. Leveraging organizational dynamics in buildings to change behavior. [Internet] [Doctoral dissertation]. Rutgers University; 2015. [cited 2019 Dec 06]. Available from: https://rucore.libraries.rutgers.edu/rutgers-lib/48511/.

Council of Science Editors:

Hewitt, Elizabeth L. 1. Leveraging organizational dynamics in buildings to change behavior. [Doctoral Dissertation]. Rutgers University; 2015. Available from: https://rucore.libraries.rutgers.edu/rutgers-lib/48511/

Rutgers University

20. Walsh, David Hunter. Audience expectations in international bargaining.

Degree: PhD, Political Science, 2018, Rutgers University

URL: https://rucore.libraries.rutgers.edu/rutgers-lib/59261/

►

This dissertation project proposes a novel theoretical framework for understanding the constraining role that opinionated audiences play in international bargaining. The well-known audience cost paradigm… (more)

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This dissertation project proposes a novel theoretical framework for understanding the constraining role that opinionated audiences play in international bargaining. The well-known audience cost paradigm assumes that domestic audiences have a strong general preference for their leader making good on the threats they issue, which has led to a number of serious empirical challenges for that paradigm. I argue on psychological grounds that audiences' reactionary tendencies to policy shifts of all kinds effectively generate a similar but distinct expectation cost; these patterns of reaction, when fully understood, can explain a wide range of empirical phenomena in international security, including but not limited to those with which audience cost theory is concerned. The theory indicates that: the median voter theorem generally does not hold over time; positive reactions to popular shifts are always weaker than they would otherwise be; and, ultimately, acting in an inconsistent manner leads inevitably and unconditionally to a loss of domestic approval which can be used for signaling purposes in international bargaining. Most importantly, this theory can provide a unique and more proper explanation for the democratic peace phenomenon: the generally dovish attitudes that democracies' audiences have toward other democracies interact with their deviations from classical utility maximization to produce a virtuous cycle of non-conflict. Most chapters constitute empirical tests of the theory, focusing on the quantifiable existence of expectation costs as well as their qualitative nuance. Nonlinear regression models on ANES panel data exhibit the fact that voters' reactions to policy shifts as they perceive them are subject to loss aversion, as predicted by prospect theory. Qualitative studies of the four cases in which a U.S. president violated a major campaign promise relating to foreign policy provide more comprehensive evidence of the expectation cost mechanism at work in real and substantively important cases of international bargaining.

Advisors/Committee Members: Levy, Jack S. (chair), Lau, Richard (internal member), Poast, Paul (internal member), Saunders, Elizabeth (outside member), School of Graduate Studies.

Subjects/Keywords: Collective bargaining – International business enterprises; Expectation (Psychology)

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Walsh, D. H. (2018). Audience expectations in international bargaining. (Doctoral Dissertation). Rutgers University. Retrieved from https://rucore.libraries.rutgers.edu/rutgers-lib/59261/

Chicago Manual of Style (16^th Edition):

Walsh, David Hunter. “Audience expectations in international bargaining.” 2018. Doctoral Dissertation, Rutgers University. Accessed December 06, 2019. https://rucore.libraries.rutgers.edu/rutgers-lib/59261/.

MLA Handbook (7^th Edition):

Walsh, David Hunter. “Audience expectations in international bargaining.” 2018. Web. 06 Dec 2019.

Vancouver:

Walsh DH. Audience expectations in international bargaining. [Internet] [Doctoral dissertation]. Rutgers University; 2018. [cited 2019 Dec 06]. Available from: https://rucore.libraries.rutgers.edu/rutgers-lib/59261/.

Council of Science Editors:

Walsh DH. Audience expectations in international bargaining. [Doctoral Dissertation]. Rutgers University; 2018. Available from: https://rucore.libraries.rutgers.edu/rutgers-lib/59261/

Cape Peninsula University of Technology

21. Tekeh, Emmanuel Temban. The adoption of virtual teams and virtual technology in human resources management : a South African perspective .

Degree: 2015, Cape Peninsula University of Technology

URL: http://etd.cput.ac.za/handle/20.500.11838/2075

► This study explores factors contributing to the slow adoption of virtual teams and virtual technology by South African organisations in Cape Town. The study adopted… (more)

▼ This study explores factors contributing to the slow adoption of virtual teams and virtual technology by South African organisations in Cape Town. The study adopted the Technology Organisation and Environment (TOE) framework to examine the influence of technological organisational and environmental contextual factors on organisation’s adoption of virtual teams and virtual technology. Three organisations from different industries in Cape Town were chosen as a case study. Data was collected via qualitative interviews and quantitative questionnaires while content analysis and a statistics package for social sciences were used to analyse and generate results. The results indicated that all three dimensions of the TOE framework significantly either enabled or inhibited organisational adoption of virtual teams and virtual technology. Technological contextual factors such as availability of technology were found to enable adoption while high set-up cost inhibited adoption, and perceived benefit and drawbacks either inhibited or enabled adoption due to the influence of other contextual factors. Organisational contextual factors like available resources and slacks were found to facilitate, whereas organisational competency and formal and informal linking structures impeded adoption. Management commitment, communication process, degree of centralisation, organisation size and technological competency were found to either enable or inhibit technology adoption owing to the influences of other contextual factors. Environmental contextual factors such as competition, government regulation and rapidly growing industries were found to encourage technology adoption. Lack of skilled labour was found to restrain technology adoption while industry characteristics, market structures and technology support infrastructure either enabled or inhibited organisational adoption of virtual teams and virtual technology due to the influence of other contextual factors. Advisors/Committee Members: Ruhode, Ephias (advisor).

Subjects/Keywords: Virtual work teams; Teams in the workplace; Business enterprises – Computer networks; Business enterprises – Technological innovations

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APA (6^th Edition):

Tekeh, E. T. (2015). The adoption of virtual teams and virtual technology in human resources management : a South African perspective . (Thesis). Cape Peninsula University of Technology. Retrieved from http://etd.cput.ac.za/handle/20.500.11838/2075

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Tekeh, Emmanuel Temban. “The adoption of virtual teams and virtual technology in human resources management : a South African perspective .” 2015. Thesis, Cape Peninsula University of Technology. Accessed December 06, 2019. http://etd.cput.ac.za/handle/20.500.11838/2075.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Tekeh, Emmanuel Temban. “The adoption of virtual teams and virtual technology in human resources management : a South African perspective .” 2015. Web. 06 Dec 2019.

Vancouver:

Tekeh ET. The adoption of virtual teams and virtual technology in human resources management : a South African perspective . [Internet] [Thesis]. Cape Peninsula University of Technology; 2015. [cited 2019 Dec 06]. Available from: http://etd.cput.ac.za/handle/20.500.11838/2075.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Tekeh ET. The adoption of virtual teams and virtual technology in human resources management : a South African perspective . [Thesis]. Cape Peninsula University of Technology; 2015. Available from: http://etd.cput.ac.za/handle/20.500.11838/2075

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Stellenbosch University

22. Limbo, Cedric Mwanota. An analysis of the performance of state- owned enterprises in Namibia : case studies in the transport sector.

Degree: PhD, 2019, Stellenbosch University

URL: http://hdl.handle.net/10019.1/106068

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ENGLISH SUMMARY : The classical view of state-owned enterprises (SOEs) has typically been framed around dimensions of efficiency, productivity and administrative bureaucracy (Cuervo-Cazurra, Inkpen &… (more)

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ENGLISH SUMMARY : The classical view of state-owned enterprises (SOEs) has typically been framed around dimensions of efficiency, productivity and administrative bureaucracy (Cuervo-Cazurra, Inkpen & Musacchio, 2014). A number of theoretical perspectives, namely the property rights school, the public choice tradition, the neoclassical approach, the behavioural approach and the budget-maximising approach, have been used to model SOEs (Lawson, 1994). Despite a long theoretical interest in modelling SOEs, and their large impact on the global economy, challenges still exist to develop a comprehensive theory of SOEs (Peng, Bruton, Stan & Huang, 2016). It is generally argued that SOEs have the potential for good governance, efficiency and better service delivery through enhanced performance. However, most SOEs do not reach these ideals. This situation justifies the need to study and carefully appraise options for injecting higher performance into SOEs if they are to play a meaningful role in achieving Vision 2030 – the vision of Namibia to become an industrialised country by 2030. The primary objective of this dissertation was to analyse the performance of SOEs in the transport sector and to identify factors that have contributed to the high or low performance of these SOEs. Several arguments have been made about the inefficiency and poor service delivery of SOEs. According to Steytler (2009:19), “[t]he poor financial performance of state owned enterprises have [sic] often been attributed to weak management practices of the CEOs of these institutions”. The ‘bureaucrats in business’ thesis by the World Bank (1995) advances a contrary view, i.e. that bureaucrats who run state-owned enterprises should not be blamed for all the ills of these companies since they are not necessarily incompetent but rather have to deal with contradictory goals and perverse incentives. Although the study confirmed most of the foregoing arguments, further analysis of the performance of SOEs in Namibia revealed that SOEs do not necessarily underperform simply because they are state-owned but because of the way that they are managed. With this revelation in mind, the study developed a model that could be helpful to address this situation, namely the performance of SOEs. Without going into the merits and demerits of the different methodologies, this study opted to use a mixed methods (pragmatic) approach. This allowed the researcher to adopt the best-suited approach to the research problem without getting caught up in the philosophical debates about which one is the best approach.

AFRIKAANSE OPSOMMING : Die klassieke siening van ondernemings in staatsbesit (SOE's) het tipies is opgestel om dimensies van doeltreffendheid, produktiwiteit en administratiewe burokrasie (Cuervo-Cazurra, Inkpen & Musacchio, 2014). '’n Aantal teoretiese perspektiewe, naamlik die eiendomsreg skool, die openbare keuse tradisie, die neo-klassieke benadering, die gedragsbenadering en die begroting maksimalisering benadering, is gebruik om ondernemings in staatsbesit…

Advisors/Committee Members: Schwella, Erwin, Brand, Dirk, Stellenbosch University. Faculty of Economic and Management Sciences. School of Public Leadership..

Subjects/Keywords: Government business enterprises – Administration – Namibia; Government business enterprises – – Evaluation – Namibia – Case studies; Transportation – Namibia; UCTD

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Limbo, C. M. (2019). An analysis of the performance of state- owned enterprises in Namibia : case studies in the transport sector. (Doctoral Dissertation). Stellenbosch University. Retrieved from http://hdl.handle.net/10019.1/106068

Chicago Manual of Style (16^th Edition):

Limbo, Cedric Mwanota. “An analysis of the performance of state- owned enterprises in Namibia : case studies in the transport sector.” 2019. Doctoral Dissertation, Stellenbosch University. Accessed December 06, 2019. http://hdl.handle.net/10019.1/106068.

MLA Handbook (7^th Edition):

Limbo, Cedric Mwanota. “An analysis of the performance of state- owned enterprises in Namibia : case studies in the transport sector.” 2019. Web. 06 Dec 2019.

Vancouver:

Limbo CM. An analysis of the performance of state- owned enterprises in Namibia : case studies in the transport sector. [Internet] [Doctoral dissertation]. Stellenbosch University; 2019. [cited 2019 Dec 06]. Available from: http://hdl.handle.net/10019.1/106068.

Council of Science Editors:

Limbo CM. An analysis of the performance of state- owned enterprises in Namibia : case studies in the transport sector. [Doctoral Dissertation]. Stellenbosch University; 2019. Available from: http://hdl.handle.net/10019.1/106068

23. Chang, Youngha. Changing direction and the evolution of Corporate Venturing in an ICT firm in Korea.

Degree: PhD, 2018, University of Sussex

URL: http://sro.sussex.ac.uk/id/eprint/79835/ ; https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.759593

► ‘Corporate Venturing (CV)', which is broadly defined as an innovation practice by creating and nurturing internal CV teams or investing in external start-ups (Burgelman, 1983b;… (more)

▼ ‘Corporate Venturing (CV)', which is broadly defined as an innovation practice by creating and nurturing internal CV teams or investing in external start-ups (Burgelman, 1983b; Dushnitsky and Lenox, 2005), has been adopted by large incumbent firms wishing to ensure their survival and business s growth in the future. Despite its promised benefits, CV activities are often terminated in the early stages. Nevertheless, some firms start their CV programs again, and these recurring patterns of CV activities contribute towards ‘CV cyclicality'. However, we have limited understandings of the phenomenon of CV cyclicality at the level of the firm. This thesis, therefore, aims to develop a better understanding of the cyclical nature of CV (i.e. CV cyclicality) in a way that helps managers manage CV activities—engaged scholarship (Van de Ven, 2007). To explore CV cyclicality at the firm level, this thesis adopted an in-depth case study approach. A large Korean ICT firm (pseudonym: Company Alpha), which is the exemplar of a large firm in Korea that repeated CV activities over time, was examined (from early 2013 to 2017) to find out how CV activities were developed, terminated, and then re-started during the period between 1990 and 2015. This approach enabled to find the importance of the term ‘direction' for the CV practitioners at Company Alpha and in the Korean context. Hence, this thesis also aims to usefully conceptualize ‘direction' itself to understand and explain Company Alpha's corporate venturing activities and how they repeat over time. This thesis suggests that the direction of corporate venturing (CV) can be usefully conceptualized as an internal consistency between the firm's structure (with actors residing in the structure) and its strategy. Drawing on research orchestration theory (Sirmon et al., 2007; 2011), a conceptual framework (the direction of CV) was developed by combining both the main managerial actors who conduct CV activities (the starting point) and the primary strategic objective that the CV program pursues and is designed to achieve (the end point). The thesis demonstrates that this new framing of direction helps us to better understand and explain Company Alpha's repeating CV cycles. From the examination of the twenty-six years history of CV (from 1990 to 2015) at the Korean ICT firm through the lens of the direction of CV, this thesis makes its main argument about the CV cyclicality at Company Alpha: rather than being terminated separately, a series of CV programs evolved over time for the purpose of combining resources in a new way; results of deliberate and experimental efforts then formed an evolutionary cycle of CV. The thesis also argues that what was terminated during the firm's repeated CV activities was, instead, a distinct evolutionary cycle of CV, which later re-initiated with the next CV cycle. This thesis makes substantial contributions to knowledge. Firstly, this thesis makes contributions to the CV literature by providing a detailed and empirical evidence-based explanation of CV…

Subjects/Keywords: HD0062.5 New business enterprises. Starting a new business. Business incubators

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Chang, Y. (2018). Changing direction and the evolution of Corporate Venturing in an ICT firm in Korea. (Doctoral Dissertation). University of Sussex. Retrieved from http://sro.sussex.ac.uk/id/eprint/79835/ ; https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.759593

Chicago Manual of Style (16^th Edition):

Chang, Youngha. “Changing direction and the evolution of Corporate Venturing in an ICT firm in Korea.” 2018. Doctoral Dissertation, University of Sussex. Accessed December 06, 2019. http://sro.sussex.ac.uk/id/eprint/79835/ ; https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.759593.

MLA Handbook (7^th Edition):

Chang, Youngha. “Changing direction and the evolution of Corporate Venturing in an ICT firm in Korea.” 2018. Web. 06 Dec 2019.

Vancouver:

Chang Y. Changing direction and the evolution of Corporate Venturing in an ICT firm in Korea. [Internet] [Doctoral dissertation]. University of Sussex; 2018. [cited 2019 Dec 06]. Available from: http://sro.sussex.ac.uk/id/eprint/79835/ ; https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.759593.

Council of Science Editors:

Chang Y. Changing direction and the evolution of Corporate Venturing in an ICT firm in Korea. [Doctoral Dissertation]. University of Sussex; 2018. Available from: http://sro.sussex.ac.uk/id/eprint/79835/ ; https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.759593

Columbia University

24. Yang, Ruoke. Three Essays on Corporate Social Responsibility (CSR).

Degree: 2019, Columbia University

URL: https://doi.org/10.7916/d8-5bsp-9z57

► This dissertation presents three essays in financial economics with regards to corporate social responsibility and ratings. The first essay develops the first model for the… (more)

▼ This dissertation presents three essays in financial economics with regards to corporate social responsibility and ratings. The first essay develops the first model for the CSR rating agency who has incentives to shirk while the rated firms have incentives to manipulate information through deceptive public relations (greenwash). Depending on the size of the socially responsible investor base and its composition, three possible regimes can be inferred from the model. The first one is where the rating agency is catering to mainly a large group of sophisticated SR investors who compensate the rating agency for the value of information. The second one is where the rating agency is catering to mainly a large group of trusting SR investors who compensate the rating agency for the value of institutional certification. In either of these two regimes, the weight of the large group of SR investors should generate higher market valuations for higher-rated firms that motivate firm managers to perform greenwashing. The third regime is where there are just too few SR investors to justify the effort to produce informative signals and to drive apart market valuations for rated firms. The second essay investigates the empirical predictions of the model described in the first essay. I challenge the conventional wisdom of commercial CSR ratings being informative in a first attempt to understand how this ratings market operates. Using a novel difference-in-difference identification strategy, I show ratings significantly decreased for firms targeted by a regulatory crackdown on informational manipulation that inflates ratings. I find that better environmental ratings predict worse future corporate behavior via a novel set of benchmarks (i.e. penalties, lawsuits, and media coverage) while neither environmental nor social ratings appear to offer incremental predictive value beyond size and other standard firm characteristics. Higher-rated firms are associated with higher market valuations relative to their lower-rated counterparts. My findings point to a world in which the ratings business is primarily catering to a large group of trusting investors who buy ratings not for the value of information but for the value of institutional certification. The third essay examines the ratings of a recently emerged rating agency competitor and find its ratings are of no better predictive quality. I introduce a novel set of measures, `corporate badness (CB) ratings', for corporate environmental and social performance. In contrast to the leading commercial ratings, worse CB ratings correctly predict more future corporate bad behavior out-of-sample. These CB ratings provide a way to study ratings disagreement, which can be used to disentangle greenwashing from the other information contained in the leading commercial CSR ratings.

Subjects/Keywords: Finance; Social responsibility of business; Business; Business enterprises – Ratings and rankings

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Yang, R. (2019). Three Essays on Corporate Social Responsibility (CSR). (Doctoral Dissertation). Columbia University. Retrieved from https://doi.org/10.7916/d8-5bsp-9z57

Chicago Manual of Style (16^th Edition):

Yang, Ruoke. “Three Essays on Corporate Social Responsibility (CSR).” 2019. Doctoral Dissertation, Columbia University. Accessed December 06, 2019. https://doi.org/10.7916/d8-5bsp-9z57.

MLA Handbook (7^th Edition):

Yang, Ruoke. “Three Essays on Corporate Social Responsibility (CSR).” 2019. Web. 06 Dec 2019.

Vancouver:

Yang R. Three Essays on Corporate Social Responsibility (CSR). [Internet] [Doctoral dissertation]. Columbia University; 2019. [cited 2019 Dec 06]. Available from: https://doi.org/10.7916/d8-5bsp-9z57.

Council of Science Editors:

Yang R. Three Essays on Corporate Social Responsibility (CSR). [Doctoral Dissertation]. Columbia University; 2019. Available from: https://doi.org/10.7916/d8-5bsp-9z57

Coventry University

25. Williamson, T. To what extent can universities create a sustainable system to support MSMEs? : a focus on the West Midlands region.

Degree: PhD, 2015, Coventry University

URL: http://curve.coventry.ac.uk/open/items/ec3ee2df-ad9e-4129-96fa-9dc96cb32d37/1 ; http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.685594

► Micro, Small and Medium sized enterprises (MSMEs) represent 99.9% of businesses in the UK and they face significant challenges with regards to start-up, survival and… (more)

▼ Micro, Small and Medium sized enterprises (MSMEs) represent 99.9% of businesses in the UK and they face significant challenges with regards to start-up, survival and growth. Their ability to deal with these challenges is assisted, in some cases, by the provision of business support funded by the public sector. Unfortunately, despite the volume of such businesses, there remains a significant lack of qualitative data into the MSME sector, and their use of university led business support. This thesis examined the business support agenda, the support needs of MSMEs, the role of universities in the provision of business support, and the needs of public funding bodies, with regards to economic sustainability and growth in the West Midlands. The choice to focus on the West Midlands region was largely pragmatic; the researcher has existing relationships with the small business community and University networks within the region allowing for a comparable study of stakeholders with similar environmental, political and economical challenges. Whilst the findings are therefore in relation to the West Midlands region, they have been compared to secondary data and theoretical frameworks in order to propose a contribution, which is applicable to a wider audience. The thesis adopted an exploratory, interpretivist methodology with an emphasis on the practical importance of the research results. Through an explanatory sequential mixed methods approach, surveys were used to collect data from MSME business owners, followed by in-depth interviews with university staff in order to produce institutional case studies. The surveys with MSME owners identified a need for support that was free, local, face-to-face and delivered by an organisation with a good reputation for delivering business support. The survey data also indicated confusion amongst MSME owners about the availability of support from universities, as well as questions around the quality of support provided by universities and its impact. The interviews, and case studies, revealed a significant level of interest, and a feeling of responsibility, from universities towards supporting the MSME community. However there were consistent challenges around funding, sustainability, resources, flexibility of delivery, and the longevity of any enterprise strategy. The research makes a useful contribution to knowledge through the development of multiple case studies and the development of a conceptual framework for a sustainable system of university led, MSME business support. The model, and analysis, considers the detailed experiences, challenges and opportunities from the stakeholders and proposed a sustainable support system. This contribution to literature provides a unique perspective for both practical application and for the research community to utilise further.

Subjects/Keywords: 658.02; SMEs; MSMEs; micro enterprises; small enterprises; medium sized enterprises; business start-ups; business support services; universities; West Midlands

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APA (6^th Edition):

Williamson, T. (2015). To what extent can universities create a sustainable system to support MSMEs? : a focus on the West Midlands region. (Doctoral Dissertation). Coventry University. Retrieved from http://curve.coventry.ac.uk/open/items/ec3ee2df-ad9e-4129-96fa-9dc96cb32d37/1 ; http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.685594

Chicago Manual of Style (16^th Edition):

Williamson, T. “To what extent can universities create a sustainable system to support MSMEs? : a focus on the West Midlands region.” 2015. Doctoral Dissertation, Coventry University. Accessed December 06, 2019. http://curve.coventry.ac.uk/open/items/ec3ee2df-ad9e-4129-96fa-9dc96cb32d37/1 ; http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.685594.

MLA Handbook (7^th Edition):

Williamson, T. “To what extent can universities create a sustainable system to support MSMEs? : a focus on the West Midlands region.” 2015. Web. 06 Dec 2019.

Vancouver:

Williamson T. To what extent can universities create a sustainable system to support MSMEs? : a focus on the West Midlands region. [Internet] [Doctoral dissertation]. Coventry University; 2015. [cited 2019 Dec 06]. Available from: http://curve.coventry.ac.uk/open/items/ec3ee2df-ad9e-4129-96fa-9dc96cb32d37/1 ; http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.685594.

Council of Science Editors:

Williamson T. To what extent can universities create a sustainable system to support MSMEs? : a focus on the West Midlands region. [Doctoral Dissertation]. Coventry University; 2015. Available from: http://curve.coventry.ac.uk/open/items/ec3ee2df-ad9e-4129-96fa-9dc96cb32d37/1 ; http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.685594

Nelson Mandela Metropolitan University

26. Chikwavarara, Bigbouy. SME development policy and financing of women-owned enterprises in Zimbabwe.

Degree: 2019, Nelson Mandela Metropolitan University

URL: http://hdl.handle.net/10948/37969

► This cross-sectional quasi-experimental research applied a combination of an indepth literature review, key informant interviews and a small- and medium-sized enterprise (SME) survey to identify… (more)

Subjects/Keywords: Women-owned business enterprises – Zimbabwe; Small business – women – Zimbabwe; Business enterprises – Finance – Zimbabwe; Small business – Finance – Zimbabwe

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Chikwavarara, B. (2019). SME development policy and financing of women-owned enterprises in Zimbabwe. (Thesis). Nelson Mandela Metropolitan University. Retrieved from http://hdl.handle.net/10948/37969

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Chikwavarara, Bigbouy. “SME development policy and financing of women-owned enterprises in Zimbabwe.” 2019. Thesis, Nelson Mandela Metropolitan University. Accessed December 06, 2019. http://hdl.handle.net/10948/37969.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Chikwavarara, Bigbouy. “SME development policy and financing of women-owned enterprises in Zimbabwe.” 2019. Web. 06 Dec 2019.

Vancouver:

Chikwavarara B. SME development policy and financing of women-owned enterprises in Zimbabwe. [Internet] [Thesis]. Nelson Mandela Metropolitan University; 2019. [cited 2019 Dec 06]. Available from: http://hdl.handle.net/10948/37969.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Chikwavarara B. SME development policy and financing of women-owned enterprises in Zimbabwe. [Thesis]. Nelson Mandela Metropolitan University; 2019. Available from: http://hdl.handle.net/10948/37969

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

University of KwaZulu-Natal

27. [No author]. The effects of change management on skills retention in a division of a multinational company.

Degree: Business administration, 2015, University of KwaZulu-Natal

URL: http://hdl.handle.net/10413/14517

► Automotive heat exchanger manufacturing in South Africa has been challenged since the 2009 worldwide economic recession. With increased globalisation the commodity has been exposed to… (more)

Subjects/Keywords: Organizational change – Management.; Corporate reorganizations – Management.; International business enterprises – Personnel management.; International business enterprises.; Business administration.; Skills retention.; Change management.

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

author], [. (2015). The effects of change management on skills retention in a division of a multinational company. (Thesis). University of KwaZulu-Natal. Retrieved from http://hdl.handle.net/10413/14517

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

author], [No. “The effects of change management on skills retention in a division of a multinational company. ” 2015. Thesis, University of KwaZulu-Natal. Accessed December 06, 2019. http://hdl.handle.net/10413/14517.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

author], [No. “The effects of change management on skills retention in a division of a multinational company. ” 2015. Web. 06 Dec 2019.

Vancouver:

author] [. The effects of change management on skills retention in a division of a multinational company. [Internet] [Thesis]. University of KwaZulu-Natal; 2015. [cited 2019 Dec 06]. Available from: http://hdl.handle.net/10413/14517.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

author] [. The effects of change management on skills retention in a division of a multinational company. [Thesis]. University of KwaZulu-Natal; 2015. Available from: http://hdl.handle.net/10413/14517

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Nelson Mandela Metropolitan University

28. Saunders, Shelley Beryl. Parental influences on the next generation’s intention to join the family business.

Degree: 2018, Nelson Mandela Metropolitan University

URL: http://hdl.handle.net/10948/35072

► Family businesses play an important role worldwide and in South Africa, in terms of their economic contribution and their ability to create jobs. However, the… (more)

▼ Family businesses play an important role worldwide and in South Africa, in terms of their economic contribution and their ability to create jobs. However, the unwillingness of next generation family members (NGFMs) to join the family business seriously jeopardises its long-term survival. This is a matter of great concern for family business owners who in general have a strong desire to pass on the business to the next generation and to preserve the family’s legacy. Of the many factors relating to a person’s choice of career, parents are by far the most influential. Against this background, the purpose of this study was to gain a better understanding of the influence that parents have on the NGFM’s intentions to join the family business as well as the factors that moderate this influence. Establishing how parents influence an NGFM’s intention to join the family business makes an important theoretical contribution to family business, succession and entrepreneurial literatures, and holds both practical and theoretical relevance. The literature review provided an overview of the field of family business and discussed the nature of these businesses. Several frameworks, theories and perspectives relating to family businesses were elaborated on. The important role that family businesses play in the economies of countries and the unique challenges they face were highlighted. One of the most important challenges facing family businesses is that of transgenerational succession and the willingness of the next generation to make the family business their career choice. Several behaviour and career choice theories were discussed, particularly in relation to the South African context, and a summary of all the factors influencing career choice in terms of these theories was presented. Several parental influences on career choice were identified and examined in detail, namely Parent–child relationship, Parents’ job characteristics, Parental financial security, Parental job satisfaction, Parental identification, Parental expectations, Parental support and Parental style. Additionally, the influence of each parental influences on NGFMs, in a family business context, was highlighted. Based on anecdotal and empirical support, these parental influences were hypothesised as influencing the dependent variable in this study, namely Intention to join the family business. Based on the social cognitive career theory, Self-efficacy and Outcome expectations were hypothesised as moderating the aforementioned relationships. This study adopted a positivist research paradigm and a quantitative methodological approach that was deductive in nature. The methodology adopted to collect primary data was a cross-sectional analytical survey. A structured questionnaire was distributed to respondents who were identified by means of judgemental sampling and 453 completed questionnaires were subjected to statistical analysis. The validity of the scales measuring the dependent, moderating and independent variables was assessed by means of factor analysis and the…

Subjects/Keywords: Family-owned business enterprises – Succession; Family-owned business enterprises – Management; Family corporations – Management; Success in business

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Saunders, S. B. (2018). Parental influences on the next generation’s intention to join the family business. (Thesis). Nelson Mandela Metropolitan University. Retrieved from http://hdl.handle.net/10948/35072

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Saunders, Shelley Beryl. “Parental influences on the next generation’s intention to join the family business.” 2018. Thesis, Nelson Mandela Metropolitan University. Accessed December 06, 2019. http://hdl.handle.net/10948/35072.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Saunders, Shelley Beryl. “Parental influences on the next generation’s intention to join the family business.” 2018. Web. 06 Dec 2019.

Vancouver:

Saunders SB. Parental influences on the next generation’s intention to join the family business. [Internet] [Thesis]. Nelson Mandela Metropolitan University; 2018. [cited 2019 Dec 06]. Available from: http://hdl.handle.net/10948/35072.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Saunders SB. Parental influences on the next generation’s intention to join the family business. [Thesis]. Nelson Mandela Metropolitan University; 2018. Available from: http://hdl.handle.net/10948/35072

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Reykjavík University

29. Marta Káradóttir 1987. Key success factors for innovative business models.

Degree: 2015, Reykjavík University

URL: http://hdl.handle.net/1946/22573

► This MSc thesis seeks to uncover the fundamental key success factors, which new ventures or startups acquire to creating innovative business models. In particular the… (more)

▼ This MSc thesis seeks to uncover the fundamental key success factors, which new ventures or startups acquire to creating innovative business models. In particular the sector under investigation is design retailing, a B2B and B2C selling plan of design goods. The study aims to identify and analyse successful strategic approaches to the latter, more significantly how can new ventures achieve a sustainable business model. This subject is particularly relevant and significant for future business ventures seeking to get a comprehensive insight into todays competitive and saturated design retailing market while simultaneously understand the trends and needs of a continuously evolving industry. Ultimately this research study seeks to give the reader an insight into four new ventures and their approach to successfully create a unique business model in line with the consumer demands, competitive and economic landscape and incorporating innovative initiatives. The main theory supporting the framework is business model design and innovation studied by Chesbrough (2010), Johnson (2010), Amit & Zott (2007) and Teece (2010), along with other supporting journals, published articles and literature in the area of startups, business model strategy, design and innovation. The main idea investigated was the core components of a successful business model, how this can be achieved by today’s new ventures. The research was conducted with a case study method based on Yin (1984) and Stake’s (1995) interpretivistic philosophy applying the multiple case study analysis through examining four new ventures. The qualitative primary research found that through in-dept interviews with 8 individuals from the four cases in design retail, various levels of success was achieved through business model creation. However the results also identified the more significant success factors from the lesser ones. Moreover the concluding analysis found key variances identified between the four business models, in the sense of how they were implemented, the venture’s position on the company life cycle scale and ultimately their approach to business model innovation and adaptation to market conditions and forces. This ultimately lead to a clearer perspective of the business model creation framework, where new ventures are recommend to take certain actions at each step of the model simultaneously as they apply the adaptation and innovation approach all throughout the process of business model creation in order to achieve sustainable results.

Subjects/Keywords: Alþjóðaviðskipti; Markaðsfræði; Sprotafyrirtæki; International business; Marketing; New business enterprises

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

1987, M. K. (2015). Key success factors for innovative business models. (Thesis). Reykjavík University. Retrieved from http://hdl.handle.net/1946/22573

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

1987, Marta Káradóttir. “Key success factors for innovative business models.” 2015. Thesis, Reykjavík University. Accessed December 06, 2019. http://hdl.handle.net/1946/22573.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

1987, Marta Káradóttir. “Key success factors for innovative business models.” 2015. Web. 06 Dec 2019.

Vancouver:

1987 MK. Key success factors for innovative business models. [Internet] [Thesis]. Reykjavík University; 2015. [cited 2019 Dec 06]. Available from: http://hdl.handle.net/1946/22573.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

1987 MK. Key success factors for innovative business models. [Thesis]. Reykjavík University; 2015. Available from: http://hdl.handle.net/1946/22573

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Nelson Mandela Metropolitan University

30. Mbundwini, Gracious Nomfuneko. Complexities of accessing finance from government institutions and its agencies.

Degree: Faculty of Business and Economic Sciences, 2016, Nelson Mandela Metropolitan University

URL: http://hdl.handle.net/10948/11772

► Purpose: with the recent establishment of Small Business Development department, the ministry is tasked and will be responsible for ensuring that the business environment is… (more)

▼ Purpose: with the recent establishment of Small Business Development department, the ministry is tasked and will be responsible for ensuring that the business environment is enabling for new Small to Medium businesses. The real issue and the point of interest in researching this particular dissertation is the available literature around the issue of the SME sector which indicates that new SMEs in South Africa do not move from the first stage (existence) to other stages such as survival, success, take off and resource maturity. The study seeks to inaugurate two specific challenges (difficulties in accessing finance and to examine if there is sufficient non-financial SME incubators and mentorship programs post funding allocation). The area of study focused on SMEs that are concentrated in highly populated areas of Gauteng. Methodology: The study was conducted using qualitative research and a questionnaire was used as a data collection tool. The researcher was able to get valuable information on stakeholders in the SMME sector. This was done through the use of questionnaires to businesses, government funders and incubators. Results: when posed with a question of the start-up capital, a mere 17% responded to having obtained financial assistance from government institutions, 20% from friends and family while a massive 60% indicated they have used own capital to start businesses. When the researcher posed the question of the reasons that often leads to failure, approximately 23% of businesses mentioned lack of working equipment as the core reasons for the business failure while 17% indicated that lack of business opportunities or rather contracts of supply from government departments as the main impeding factor which resulted to failure. In terms of the availability of incubators, approximately 67% of respondents indicated that there were no business incubators available in their areas of business. Approximately 57% of businesses mentioned the inability to obtain loans from government funding institutions was the major business constraint that often leads to failure. The researcher posed a question to business incubators personnel that participated in the study to gain perspective as to why do they think SMEs fail within the first year of operation. Approximately 40% of respondents alluded that, barriers to entry by big corporates in South Africa force Small and Medium Enterprises out of businesses. Other participants added that the South African government procurement system does not provide opportunities to small businesses due to lack of experience. All government funding institutions participants mentioned that in most cases SMEs finance applications are rejected due to the fact that businesses fail to present viable business proposals that show the ability for business to remain operating for a long time Implications: The above analysed study findings indicate that there is a huge gap between small businesses and government funding institutions in terms of the awareness of the available financial support to SMEs. From…

Subjects/Keywords: Business enterprises – South Africa – Finance; Small business – South Africa

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Mbundwini, G. N. (2016). Complexities of accessing finance from government institutions and its agencies. (Thesis). Nelson Mandela Metropolitan University. Retrieved from http://hdl.handle.net/10948/11772

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Mbundwini, Gracious Nomfuneko. “Complexities of accessing finance from government institutions and its agencies.” 2016. Thesis, Nelson Mandela Metropolitan University. Accessed December 06, 2019. http://hdl.handle.net/10948/11772.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Mbundwini, Gracious Nomfuneko. “Complexities of accessing finance from government institutions and its agencies.” 2016. Web. 06 Dec 2019.

Vancouver:

Mbundwini GN. Complexities of accessing finance from government institutions and its agencies. [Internet] [Thesis]. Nelson Mandela Metropolitan University; 2016. [cited 2019 Dec 06]. Available from: http://hdl.handle.net/10948/11772.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Mbundwini GN. Complexities of accessing finance from government institutions and its agencies. [Thesis]. Nelson Mandela Metropolitan University; 2016. Available from: http://hdl.handle.net/10948/11772

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

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Open Access Theses and Dissertations