Browsing by Title
-
Bennedsen, Morten; Kongsted, Hans Christian; Meisner Nielsen, Kasper (København, 2004)[More information][Less information]
Abstract: Previous work on board size effects in closely held corporations has established a negative correlation between board size and firm performance. We argue that this work has been incomplete in analysing the causal relationship due to lack of ownership information and weak identification strategies in simultanous equation analysis. In the present paper we reexamine the causal relationship between board size and firm performance using a dataset of more than 5,000 small and medium sized closely held corporations with complete ownership information and detailed accounting data. We test the potential endogeneity of board size by using a new instrument given by the number of children of the founders of the firms. Our analysis shows that board size can be taken as exogenous in the performance equation. Furthermore, based on a flexible model specification we find that there is no empirical evidence of adverse board size effects in the typical range of three to six board members. Finally, we find a significantly negative board size effect in the minority of closely held firms which have comparatively large boards of seven or more members. URI: http://hdl.handle.net/10398/7566 Files in this item: 1
wpec092004.pdf (252.8Kb) -
The Winning Hybrid - A case study of isomorphosm in the airline industryHvass, Kristian Anders (Frederiksberg, 2008)[More information][Less information]
Abstract: The deregulated scheduled passenger airline industry is in a constant state of motion as managers continually adapt their business models to meet the challenging market environment. Such adaptation has led to a variety of airlines populating the industry; from the birth of low-cost carriers to the transformation of state-owned behemoths to lean and successful carriers. These dynamics challenge airline managers to continuously acclimate their business models and to understand industry evolution. This doctoral dissertation addresses the issue of industry evolution and attempts to propose future airline business models based on airline behavior. The intention is to improve understanding of industry evolution, propose a method for constructing future business models, and aid airline management in future strategic decisions. Three central themes are raised in the research: business model heterogeneity and its impact on airline performance, innovation and imitation as a justification for business model heterogeneity, and future business models grounded on airline innovation and imitation. Each theme forms the basis for the project’s three analyses. The research is categorized according to the customary industrial segmentation of full-service carriers, low-cost carriers, and regional carriers. The findings show that business model heterogeneity is evident at varying degrees in the industry, and that there is a positive relationship between the level adherence to a strategic group’s traditional business model and financial performance. This indicates that airlines that abide by their strategic group’s traditional business model perform better than those that differentiate themselves form the traditional business model. The low-cost carrier group is the most heterogeneous while the full-service carrier group is the most homogenous, which one may attribute to the historical emergence of these two groups. Results from a global survey distributed to airline CEOs show that business model differentiation is predicated on both innovation and imitation. The research shows that all airlines innovate, however business model changes based on this phenomenon may only afford an airline an advantage for a limited time period as imitation is prolific in the industry. Airline behavior indicates that airlines that populate the periphery of their strategic group are more prone to imitate other strategic groups. In addition, it is shown that airlines that closely adhere to their strategic group’s traditional business model are more likely to imitate airlines populating their own strategic group. The final analysis is based on the presence of innovation and imitation in the industry and incorporates these concepts in algebraic analyses which determine the unique combinations that continuously lead to a positive operating margin. The business model results suggest that the clear, historical distinctions between the strategic groups in the industry are becoming blurred, and that a winning hybrid may emerge. URI: http://hdl.handle.net/10398/6843 Files in this item: 1
kristian_ anders_hvass.pdf (2.065Mb) -
Hvass, Kristian (Frederiksberg, 2012)[More information][Less information]
Abstract: Research in business model innovation has identified its significance in creating a sustainable competitive advantage for a firm, yet there are few empirical studies identifying which combination of business model activities lead to success and therefore deserve innovative attention. This study analyzes the business models of North America low-cost carriers from 2001 to 2010 using a Boolean minimization algorithm to identify which combinations of business model activities lead to operational profitability. The research aim is threefold: complement airline literature in the realm of business model innovation, introduce Boolean minimization methods to the field, and propose alternative business model activities to North American carriers striving for positive operating results. URI: http://hdl.handle.net/10398/8403 Files in this item: 1
Kristian_Hvass_WP_2012.pdf (69.29Kb) -
motives and obstaclesMøllgaard, H. Peter; Schröder, Philipp (København, 1998)[More information][Less information]
-
Birkeholm Munk, Kasper (København, 2002)[More information][Less information]
-
Foss, Nicolai Juul (København, 1997)[More information][Less information]
-
An Assessment and a ReevaluationFoss, Nikolaj J. (København, 2002)[More information][Less information]
Abstract: The famous three chapters in Nelson and Winter (1982) that focus on firm routines and capabilities are often taken to be solidly founded on an assumption of bounded rationality. I argue that, in actuality, bounded rationality plays a rather limited role in Nelson and Winter (1982), that the very different assumption of tacit knowledge is much more central, and that the links between bounded rationality and routines/capabilities are not clear. I then argue that the absence in Nelson and Winter of a clear methodological individualist foundation for notions such as routines, capabilities, competencies, etc. have resulted in certain explanatory difficulties in the modern organizational capabilities approach that has taken so much inspiration from their work. URI: http://hdl.handle.net/10398/6901 Files in this item: 1
linkwp02-18.pdf (208.6Kb) -
Present Use and (Some)Future PossibilitiesFoss, Nicolai J. (Frederiksberg, 2001)[More information][Less information]
Abstract: The way in which bounded rationality enters contemporary organizational economics theorizing is examined. It is argued that, as it is being used, bounded rationality is neither necessary nor sufficient for producing the results of organizational economics. It is at best a rhetorical device, used for the purpose of loosely explaining incomplete contracts. However, it is possible to incorporate much richer notions of bounded rationality, founded on research in cognitive psychology, and to illuminate the study of economic organization by means of such notions. A number of examples are provided. URI: http://hdl.handle.net/10398/7896 Files in this item: 1
DRUID_01_13.pdf (127.4Kb) -
the case of PA-consultingMahnke, Volker; Hammerqvist, Mattias (København, 2001)[More information][Less information]
-
At arbejde med et ikke-essentialistisk identitetsbegrebBuhl, Søren; Bech Hansen, Rasmus (København, 2003)[More information][Less information]
-
Hansen, Rina; Tambo, Torben (Turku, 2011)[More information][Less information]
Abstract: E-commerce has matured and become mainstream. The fashion industry is now competing strongly in the digital markets. Beside traditional web-shops, new sales and branding channels are emerging e.g. M-commerce (mobile); social commerce; marketplaces; gaming etc. E-commerce and multi-channel retailing (MCR) now have a less technology-centric perspective while focusing more on sales and branding, although technology is the carrier and imposes limits. Corporate information systems are extended to the consumer‟s computers, smartphones and digital entertainment platforms. The information systems (IS) research tradition is somewhat challenged but can provide an elaborate framework for the understanding of the business and technology changes as well as provide an ideal support for research and businesses in choosing among the different MCR options. This paper proposes a model to understand and position fashion companies‟ existing and future sales and branding channels from an IS perspective. Future research suggestions include long-term challenges and benefits of distinct electronic channels. URI: http://hdl.handle.net/10398/8527 Files in this item: 1
Rina_Hansen_2011_3.pdf (501.0Kb) -
Ooi, Can-Seng (Frederiksberg, 2010)[More information][Less information]
Abstract: Societal changes are seldom discussed in the literature on city branding. The time element is important because it highlights the fluctuating reality of society. The city brand message freezes the place but in fact, the city branding exercise is a continuous process. Society emerges too. City brands are supposed to accentuate the uniqueness of the city, be built from the bottom-up and reflect the city’s identity. This paper highlights three paradoxes, pointing out that city branding processes can also make cities more alike, bring about societal changes and forge new city identities. A city branding campaign does not just present the city, it may change the city. The relationships between the branding exercise and the city are intertwined in the evolution of the place. URI: http://hdl.handle.net/10398/8014 Files in this item: 1
-
Et case-studie af kultur- og identitetsarbejdet i KvicklyRygaard Jonas, Louise (Frederiksberg, 2010)[More information][Less information]
-
An Empirical Reconciliation of Two Critical ConceptsOhnemus, Lars (Frederiksberg, 2010)[More information][Less information]
-
Internationalization of Indian Film IndustryLorenzen, Mark; Taeube, Florian Arun (Frederiksberg, 2007)[More information][Less information]
Abstract: In the context of an emerging economy, the paper analyzes indigenous growth and internationalization. Using novel and original data, the paper studies the Indian film cluster in Mumbai, Bollywood. It argues that as the world’s biggest commercial film cluster and a conspicuous growth phenomenon in an emerging economy context, Bollywood can be seen as a paradigmatic case for adding to our understanding of the development of film clusters outside the USA, as well as suggesting more general insights into the growth and internationalization of industries in emerging economies. The empirical analysis of the paper points to the importance of home market, government regulation, and industry structure for Bollywood’s recent export growth. The paper discusses how the existence of a well-defined and geographically centered social network among producers, directors and other key roles in filmmaking in Mumbai supports the development of a ‘Bollywood model’ of filmmaking with a industry structure remarkably different from Hollywood’s. URI: http://hdl.handle.net/10398/7872 Files in this item: 1
DRUID_07_06.pdf (211.3Kb) -
Influence of cultural prior-knowledge in cross-cultural communicationKano Glückstad, Fumiko (, 2012)[More information][Less information]
Abstract: The role of ontology in a multilingual context is one of the emerging challenges in our modern information society. This work first explains different types of ontology applications in a multilingual context based on a number of dimensions defined in [Cimiano 2010]. These dimensions are useful for clarifying the role of ontologies depending on different types of cross-cultural communication scenarios. What is emphasized here is a new dimension in the ontology applications, namely the inherent asymmetric relation of communication between a communicator and an information receiver, which has been inspired by the pragmatic approach of the so-called Relevance Theory of Communication (RTC) [Sperber 1986]. Based on this ground theory, a new framework for simulating the cognitive processes involved in a cross-cultural communication is proposed. URI: http://hdl.handle.net/10398/8646 Files in this item: 1
-
Cross-lingual concept mapping based on the information receiver’s prior-knowledgeGlückstad, Fumiko Kano (Frederiksberg, 2012)[More information][Less information]
Abstract: A Japanese acquaintance who has been living in Denmark for more than 40 years formulated his difficult mission of undertaking translation tasks in the following way: “Once I deeply understood the two cultures [Denmark and Japan] and the cultural differences/nuances of conceptual meanings existing in the two countries, it became impossible for me to translate culturally-specific terms into the other language. Existing language resources [dictionaries etc.] are in this context useless”. What he was frustratingly expressing is that it becomes virtually an impossible task to precisely translate or convey the meaning of a Culturally-Specific Concept (CSC) if no exact equivalent concept exists in the Target Language (TL) culture. Despite this inherent frustration, communicators or translators are still required to convey such CSCs into a TL in an optimal manner such that a TL reader can instantly infer the original meaning of a given Source Language (SL) concept. In short, the key issue is whether there can be found a way to solve this inherently frustrating situation which even skilled human translators cannot easily cope with ? The challenge of translating CSCs from an SL is not only caused by the absence of equivalent concepts in a TL culture, but also due to differences of the background knowledge possessed by the two parties involved in a cross-cultural communication scenario. Sperber & Wilson (1986) emphasize that, although all humans live in the physical world, mental representations are constructed differently due to differences in our close environment and our different cognitive abilities. Because people use different languages and have mastered different concepts, the way they construct representations and make inference is also dissimilar. Since an individual possesses a total cognitive environment that is the set of facts based on his/her perceptual ability, inferential ability, actual awareness of facts, knowledge he/she has acquired and so on, it is much easier to achieve a so-called “asymmetric” coordination between communicator and audience (Sperber & Wilson, 1986).... URI: http://hdl.handle.net/10398/8546 Files in this item: 1
Fumiko_Kano_Gluckstad.pdf (11.35Mb) -
[More information][Less information]
Abstract: In this research note the author describes a methodology for doing literature reviews. The first part of the note describes a method for designing and performing the study each consisting of five steps. Following this framework a typology of strategies is proposed. URI: http://hdl.handle.net/10398/6295 Files in this item: 1
-
Hatch, Mary Jo; Schultz, Majken; Williamson, John; Fox, Robert; Vinogradoff, Paul (København, 2001)[More information][Less information]
-
Rohde, Carsten (Frederiksberg, 2011)[More information][Less information]
Abstract: Budgets and budget control has been known since the early 19th century1. However the use of budget control was until the beginning of the 1920ies in US primarily related to governmental units and states and to a minor extent to business units in practice. At that time James McKinsey describes budgetary control as involving the following2: 1. The statement of the plans of all the departments of the business for a certain period of time in the form of estimates 2. The coordination of these estimates into a well-balanced program for the business as a whole. 3. The preparation of reports showing a comparison between the actual and the estimated performance, and the revision of the original plans when these reports show that such a revision is necessary. As can be seen from the statement budgetary control includes at the same time a planning and coordination mechanism for actions and performance ex ante as well as a control mechanism ex post through a comparison between estimated and actual plans and performance. URI: http://hdl.handle.net/10398/8373 Files in this item: 1
Carsten_Rohde_Budgeting_Beyond.pdf (1.122Mb)