Browsing by Title
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Dick-Nielsen, Jens (Frederiksberg, 2010)[More information][Less information]
Abstract: The three essays study the US corporate bond market with special attention to bond liquidity. All essays are empirical studies which rely heavily on the availability of transactions data. Earlier studies had to use quoted bond prices for empirical studies, but with the introduction of the TRACE system and with the following dissemination of transaction prices the data quality on corporate bonds has improved immensely. In the years after 2000 a range of studies assessed the performance of structural credit risk models and found that they were not able to fully explain the size of the average credit spread for corporate bonds. Huang and Huang (2003) suggested (among others) that the remaining non-default-component of the credit spread was an illiquidity premium. Using transaction data this thesis studies the impact of illiquidity and trading frictions on corporate bonds. URI: http://hdl.handle.net/10398/8198 Files in this item: 1
Jens_Dick-Nielsen.pdf (3.104Mb) -
Blomgren-Hansen, Niels (København, 2005)[More information][Less information]
Abstract: Samuelson (1958) analyses a three-period model, whereas Diamod (1965) considers a two-period model. This difference poses the question whether the insights derived by analysing the simple two-period model carry over in the more complicated three-period case. They do. The Samuelson model (no productive capital) has only one positive solution (r = n); however, this root is unstable. The Diamond model (no nonproductive abode of purchasing power) has also only one positive solution; the root is stable but inefficient. In a model with both productive capital and a non-productive abode of purchasing power, the inefficient Diamond solution becomes unstable and the socially optimal solution becomes stable. URI: http://hdl.handle.net/10398/7575 Files in this item: 1
wp15-2005.pdf (130.6Kb) -
Kragh, Simon (København, 2000)[More information][Less information]
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Studier af indrulleringsprocesser i forbindelse med introduktionen af kliniske kvalitetsdatabaser i speciallægepraksissektorenKousgaard, Marius Brostrøm (København, 2008)[More information][Less information]
Abstract: Since the late 1980s, concerns over quality of care have become a significant challenge to health care sectors across Europe, and numerous initiatives of quality assessment and improvement have been launched. In several western countries the idea of measuring the quality of clinical care by means of "quality indicators” has increasingly captured the attention of policy makers. In Denmark this development has been relatively pronounced, and today the principles of indicator monitoring constitute a crucial component in the national strategy of quality development. The so-called "clinical databases” are the oldest of the current indicator arrangements and this dissertation deals with the introduction of clinical databases in a particular branch of the health care sector where practising specialists in privately owned clinics offer medical services in accordance with collectively agreed reimbursement schemes. Inspired by actor-network theory this dissertation investigates the relations between the databases, their spokespersons, and the practising specialists who are supposed to be enrolled in the databases. The objective is to identify and articulate the various problematizations, interests, concerns, challenges and transformations that are involved in the process of enrolment. URI: http://hdl.handle.net/10398/6862 Files in this item: 1
marius_brostoem_ kousgaard.pdf (2.143Mb) -
Husted, Kenneth (København, 2000)[More information][Less information]
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the history of Danish takeovers abroad 1888 to 1993Gammelgård, Jens (København, 2001)[More information][Less information]
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Chudnovsky, Daniel; López, Andrés (København, 1999)[More information][Less information]
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A model of individual decisions for digital product product acquisitionVeitch, Robert W. D.; Constantiou, Ioanna (Frederiksberg, 2011)[More information][Less information]
Abstract: Ten years after the fall of Napster, digital piracy remains an issue for media and software companies. While scholars often treat digital piracy as a behaviour that needs to be prevented or punished, the user’s decision about how to acquire a digital product involves more than the piracy option. However, the decision between legal alternatives and piracy has received limited attention. Moreover, existing models used in piracy research emphasize some elements of the acquisition decision, but disregard other important influences. This has led to a body of literature that is fragmented and has decontextualised digital piracy by not examining how available legal alternatives are evaluated. This paper makes an attempt to address these issues and presents a model of the user’s digital product acquisition decision in the context of piracy, integrating elements of previous models to reflect the decision’s complexity. Specifically, we use a consumer decision-making perspective as a framework for integrating elements of previous models used in digital piracy research, including those from social psychology, business ethics, criminology, and consumer behaviour. In the model, we depict the acquisition decision as being influenced by the user’s product desire, price perceptions, perceived risks, internal regulators of behaviour, resources, and product availability. Theoretical and empirical evidence from the existing literature is drawn upon in order to provide support for the elements of the model. The paper concludes with an outline for future research and a brief discussion of its contribution. URI: http://hdl.handle.net/10398/8500 Files in this item: 1
veitch_constantiou_2011.pdf (70.02Kb) -
the use of scientific knowledge in the introduction of new gene technologies in EuropeHansson, Finn; Horst, Maja (København, 2002)[More information][Less information]
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Kirkeby, Ole Fogh (København, 2002)[More information][Less information]
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Ooi, Can-Seng (København, 2006)[More information][Less information]
URI: http://hdl.handle.net/10398/6605 Files in this item: 1
working paper int_can-seng ooi.pdf (93.41Kb) -
An application to ChinaLi, Xin (Frederiksberg, 2011)[More information][Less information]
Abstract: The starting point of this PhD research is two observations. The first is that people often tend to discuss a country’s national competitiveness in a general tone, i.e., judging a country to be either competitive or uncompetitive, rather than making more balanced assessment, and therefore their opinions often contradict each other. The second observation is that there are many competing international reports that rank a large number of countries in terms of their national competitiveness. These reports often provide different rankings for a given country (e.g., China), and therefore the readers of these reports are often left with a confusing picture. The first observation reflects the reality that there has been a lack of commonly accepted definition of national competitiveness. The second reflects the methodological problems of the indexing-and-ranking methods commonly used by international competitiveness reports... URI: http://hdl.handle.net/10398/8357 Files in this item: 1
Xin_Li.pdf (5.486Mb) -
A Relationship-based ApproachLi, Xin (Frederiksberg, 2011)[More information][Less information]
Abstract: This paper argues that the existing four major theories of the firm, i.e., the transaction cost theory, resource-based view, the entrepreneurial theory, and the stakeholder theory, are all insightful yet partial because each of them has a particular focus on the phenomenon of the firm. To better understand the nature and behaviors of the firm, we need a comprehensive yet integrative theory. Toward this end, this paper proposes a relationship-based theory of the firm (R’BT) which claims that it is the relationships between the entrepreneur and other individuals or firms that determine the existence, boundary, internal organization and competitive advantage of the firm. URI: http://hdl.handle.net/10398/8361 Files in this item: 1
Xin_Li_INT_2011.pdf (275.3Kb) -
Bernhard Nielsen, Bo; Michailova, Snejina (København, 2004)[More information][Less information]
Abstract: According to Heinrich v. Pierer, CEO at Siemens, "an e-business year is only three months long. If you want to be a leader in this fast-paced world, you must be faster than the others. Just being on board is by far not enough". The ability to be faster than others, however, is only relevant if it is linked to management of key assets in the pursuit of continuous competitive advantage. The key asset of the present is knowledge and in the future it is likely to be continuous and timely innovation based on effective management of knowledge assets. Most firms today, however, lack an effective Knowledge Management System. Although many companies have Management Information Systems in place, this is only the first step in a knowledge-based company. Companies that understand and actively manage the process of designing, developing and advancing effective KMS’ are likely to, in the words of Heinrich v. Pierer, "e-outperform competition and become leaders of the e-conomy". Using examples from a number of large multinational companies this paper proposes a phase model for the development of a global Knowledge Management System with attention to pertinent policy and management issues in each stage. Keywords: Knowledge management system, phase-model, multinational corporation, management actions URI: http://hdl.handle.net/10398/7304 Files in this item: 1
ckg-wp202004-03.pdf (173.0Kb) -
Communities of practice, intergration, and recurrent interaction patternsBecker, Markus C. (København, 2003)[More information][Less information]
Abstract: The objective of this paper is to contribute to understanding knowledge integration. The guiding question is 'What are the mechanisms underlying knowledge integration?' By knowledge integration we mean solving the problem raised by specialization: Specialization leads to a dispersion of specialized bodies of knowledge that are held by different specialists. Knowledge integration refers to how this drawing on different bodies of specialized knowledge is organized. The paper is organized in three main parts. First, we analyze what the problem of knowledge integration consists in, how it can be approached, and what mechanisms are underlying the approaches. Subsequently, we supply an empirical and a conceptual anchoring to our understanding. Finally, we propose to answer the question how to use such an understanding in analysing knowledge integration by focussing the analysis on communities of practice as the most adapted level of analysis for analysing knowledge integration, and on 'recurrent interaction patterns' within and between such communities. Such a focus would centure on one of the most important mechanisms for providing knowledge integration, it would be on a solid conceptual grounding, and it also is a practical approach that can be implemented. Keywords: knowledge flows, knowledge integration, communities of practice, recurrent interaction patterns, routines URI: http://hdl.handle.net/10398/6909 Files in this item: 1
linkwp2003-01.pdf (90.38Kb) -
Roseberry, Lynn (København, 2007)[More information][Less information]
Abstract: The purpose of this paper is to present a strategy for applying discourse analysis to the debate concerning the legal status of Corporate Social Responsibility ("CSR”). In the 1990s activists concerned with corporate involvement in activities that harm workers and the environment encouraged corporations to adopt voluntary initiatives, which have come to be known as CSR policies or corporate codes of conduct. Roughly ten years later NGOs like Christian Aid, which at first was a strong proponent of voluntary corporate codes of conduct, have begun calling for a greater emphasis on law and accountability mechanisms. Trade unions especially have expressed deep scepticism of the idea of CSR initiatives and the attendant industry that has grown up around them. The trade union movement criticises CSR initiatives for being a strategy to avoid regulation and trade unions. URI: http://hdl.handle.net/10398/7119 Files in this item: 1
wp cbscsr 2007-1.pdf (147.9Kb) -
Insights from Austrian Capital and Entrepreneurship TheoryFoss, Nicolai J.; Ishikawa, Ibuki (Frederiksberg, 2006)[More information][Less information]
Abstract: Over the last two decades the resource-based view (“RBV”) has become dominant in the strategic management field. It has often been observed that the RBV is lacking in the dynamic dimension. For example, processes of building competitive advantages by means of combining existing complementary resources in novel ways are not inquired into. We argue that the RBV may profitably draw on insights in entrepreneurship and capital theory, drawn from Austrian economists as well as Frank Knight, in order to strengthen its dynamic dimension. We link the RBV and Austrian ideas in the context of the theory of complex systems pioneered by Herbert Simon. We draw a number of implications for strategic management from this synthesis, notably into resource value and sustainability of competitive advantage. URI: http://hdl.handle.net/10398/7877 Files in this item: 1
DRUID_06_16.pdf (174.5Kb) -
Foss, Nicolai Juul; Ishikawa, Ibuki (København, 2006)[More information][Less information]
Abstract: The dominant view in the strategic management field is the resource-based view ("RBV"). It has often been observed that the RBV is lacking in the dynamic dimension. For example, processes of building competitive advantages by means of combining existing complementary resources in novel ways are not inquired into. We argue that the RBV may profitably draw on Austrian (Misesian) and Knightian insights in entrepreneurship and capital theory, particularly in its Lachmannian manifestation, in order to strengthen its dynamic components. We link the RBV and Austrian ideas in the context of the theory of complex systems pioneered by Herbert Simon. We draw a number of implications for strategic management from this synthesis, notably into resource value and sustainability of competitive advantage. JEL Code: B53, D21, L23, M1 URI: http://hdl.handle.net/10398/7458 Files in this item: 1
cbs forskningsindberetning smg 46.pdf (330.1Kb) -
Carton, Fergal; Hedman, Jonas; Damsgaard, jan; Tan, Kay-Ti; McCarthy, JB (Como, Ita., 2011)[More information][Less information]
Abstract: This paper derives a theoretical framework for consideration of both the technologically driven dimensions of mobile payment solutions, and the associated value proposition for customers. Banks promote traditional payment instruments whose value proposition is the management of risk for both consumers and merchants. These instruments are centralised, costly and lack decision support functionality. The ubiquity of the mobile phone has provided a decentralised platform for managing payment processes in a new way, but the value proposition for customers has yet to be elaborated clearly. This inertia has stalled the design of sustainable revenue models for a mobile payments ecosystem. Merchants and consumers in the meantime are being seduced by the convenience of online and mobile payment solutions. Adopting the purchase and payment process as the unit of analysis, the current mobile payment landscape is reviewed with respect to the creation and consumption of customer value. From this analysis, a framework is derived juxtaposing customer value, related to what is being paid for, with payment integration, related to how payments are being made. The framework provides a theoretical and practical basis for considering the contribution of mobile technologies to the payments industry. URI: http://hdl.handle.net/10398/8348 Files in this item: 1
Carton et al ECIME 20111.pdf (244.5Kb) -
Salling Pedersen, Allan; Bjørn-Andersen, Niels (Frederiksberg, 2011)[More information][Less information]
Abstract: ITIL has been proposed and indeed adopted by many as a framework for solving the problem of IT Service Management. It has been available for organizations for more than 10 years and initial adoption has been high. However, consultancy surveys of ITIL adoption, implementation and institutionalization show that there are only few complete and institutionalized ITIL implementations. This paper presents work in progress on a comprehensive ITIL literature review, focussing on critical success factors and benefits documented in scientific literature about ITIL implementation. Based on this, the paper presents a draft framework aiming at assisting organizations during their decisions regarding ITIL adoption, implementation and institutionalization. URI: http://hdl.handle.net/10398/8431 Files in this item: 1
Allan_Salling_Pedersen_NBAndersen.pdf (1.096Mb)