Browsing by Title
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Foss, Nicolai J. (København, 2008)[More information][Less information]
Abstract: For tre til fire årtier siden var der i fin overensstemmelse med tidsånden megen tale om økonomisk teoris krise. En række alternative, »heterodoxe«, »non-mainstream« retninger blev etableret eller taget frem af gemmerne og støvet af som alternativer til den formodet monolitiske, neoklassiske hovedstrøm. URI: http://hdl.handle.net/10398/7453 Files in this item: 1
smg wp 2008-22.pdf (157.8Kb) -
The Case of U.S. Chambers of CommerceCrawford, Brett (Frederiksberg, 2012)[More information][Less information]
Abstract: Much of the organizational institutionalism literature suggests that the phenomenon of interests is a central construct, however, portrays interests in an overly deterministic, rational, and liberal way. In this thesis, I challenge those views and suggest that interests are a complex and interdependent socially constructed phenomenon. Accordingly, interests represent an actor’s recognition, perceived importance, and participation in a number of figurations and social games. Illustrated through the institution of U.S. chambers of commerce, I explore how chambers of commerce have withstood a changing American culture to become both the world’s largest business federation and public-private partnership. Moreover, even as the United States represents the most liberal of liberal market economies, chambers of commerce represent a context where capitalists have set aside market competition and unified their interests to become one of the largest and most influential institutions in the world. Following a brief introduction of interests and chambers of commerce, this thesis begins with the first paper, which is a critical review of the phenomenon of interests within the organizational institutionalism literature. Tracing the conceptual variety of both the origins and functions of interests in institutional studies, I illustrate how an overly deterministic and rational view of interests is problematic. The critical review continues with a discussion of my critiques of the extant literature followed by an introduction of a less rational and calculative approach to interests by coupling Bourdieu’s (1998) conceptualization of interests with Elias’s (1978) sociology emphasizing figurations and social games. The three subsequent empirical papers test this approach to interests on macro-, meso-, and micro-levels of the institution of chambers of commerce. URI: http://hdl.handle.net/10398/8452 Files in this item: 1
Brett_Crawford.pdf (9.887Mb) -
Herbert A. Simon and organizational economicsFoss, Nicolai Juul (København, 2002)[More information][Less information]
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Kalmi, Panu (, 2003)[More information][Less information]
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an outline of the dissertation Coexistence without common senseRaffnsøe, Sverre (København, 2003)[More information][Less information]
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Overgaard Olesen, Jan; Risager, Ole (København, 1999)[More information][Less information]
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The Case of the CIA “Killing Program”Leander, Anna (Frederiksberg, 2009)[More information][Less information]
Abstract: “Risk” has become a major theme in the social sciences over the past two decades. It has been argued to reshape social and political life not only by placing new issues on the agenda but also by generating new “governmental rationalities”. These debates have in various forms also began to influence international studies. It has already been shown that the introduction of risk has altered strategic rationality. An uncertain imagined future of Rumsfeldian “unknown unknowns” has become integral to military strategic thinking. In the process technologies used to wage war and the actors involved have also evolved. Continuing the discussion, this article moves on to look at the implications of these changes for legal and political boundaries in one specific area of international politics; it traces the link between the spread of risk rationality (or governance through risk) and the development of apolitical and unaccountable military markets. Risk rationality creates what I will tentatively term a preventive imperative that tends to spread across areas and is assisted in the process by the rapidly expanding ranks of risk professionals. The preventive imperative is key to the rapid growth of private military markets as well as to the difficulty of politicizing—in the sense of creating a critical public debate—about the market as opposed to about the a given scandal (e.g. Nisour Square incident) or firm (e.g. Blackwater). The difficulty of politicizing the market has strong implications for the (non-)working of accountability. It creates what I will dub an accountability paradox where the way accountability is pursued reinforces the impunity of markets and of specific market actors. The reason is that it pre-empts serious consideration of the public/private enmeshment which is the “blind spot” of present legal instruments and it positively reaffirms existing “regulation” in all its defectiveness. Neither security professionals nor lawyers are susceptible to resolve this paradox. Reference to the CIA “Killing Program” anchors and illustrates the argument. URI: http://hdl.handle.net/10398/7965 Files in this item: 1
Risk_working_paper.pdf (145.5Kb) -
Andersen, Torben Juul; Oliviero, Roggi (Frederiksberg, 2012)[More information][Less information]
Abstract: Corporate failures, periodic recessions, regional debt crises and volatile financial markets have intensified the focus on risk management as the means to deal with turbulent conditions. The ability to respond effectively to abrupt environmental impacts is considered an important source of competitive advantage. Yet, surprisingly little research has analyzed whether the presumed advantages of effective risk management are associated with superior outcomes. Here we present a comprehensive study of risk management effectiveness and the relationship to corporate performance based on more than 33,500 observations in 3,400 firms over the turbulent 20-year period 1991-2010. Determining effective risk management as the ability to reduce earnings and cash flow volatility, we find that both have significant positive relationships to lagged performance measures after controlling for industry effects, company size and financial leverage. URI: http://hdl.handle.net/10398/8697 Files in this item: 1
Torben Andersen Roggi.pdf (135.5Kb) -
Neerup Themsen, Tim (Frederiksberg, 2014)[More information][Less information]
Abstract: This dissertation addresses one of the most popular management control practices adopted worldwide over the last three decades: the practice of risk management. The current risk management literature has argued that our knowledge of the particularities of risk management practices is limited. It has been stressed that knowledge is particularly lacking about the long-term effects of practising risk management. This dissertation responds to these calls by carrying out two longitudinal case studies of two large Danish public capital investment programmes, also known as mega-projects. The focus of the two studies has been on three key risk management-related aspects: (1) the translation of uncertainties into risks, (2) the relationship between frameworks and practices of risk management, and (3) the effects of practising risk management on knowledge and project management roles. The dissertation further advances current risk management literature into the study of mega-projects and draws upon actor-network theory. It consists of three papers, which each deals with one of the above aspects. The dissertation presents three major findings. Firstly, it is demonstrated that, contrary to expectations, only some types of uncertainties are included as risks, termed pure risks, while others, termed impure risks, are systematically excluded despite the finding that people found them relevant to include. This finding is explained with reference to technical risk devices as these were found to define the boundaries between what can and what cannot be defined as an acceptable risk and thus be included. Secondly, the dissertation demonstrates that by enacting certain realities of ‘risk’ and ‘risk management’, frameworks of risk management make the practice produce the risks that confirm its propositions and thus its success. In addition, the dissertation shows that when provisional situations arise which undermine the frameworks’ propositions, reconfiguring the risk management control system, risk terminologies and the roles of actors become key actions performed to re-establish the practice. Lastly, the dissertation demonstrates that during project processes, new uncertainties emerge which challenge project and risk management objectives as new knowledge about the conditions is produced that cannot be included. In sum, this dissertation contributes by shedding light on how practices of risk management are constructed and the effects they produce over longer periods of time. URI: http://hdl.handle.net/10398/9053 Files in this item: 1
Tim_Neerup_Themsen.pdf (2.341Mb) -
Wagner, Christian (, 2012)[More information][Less information]
Abstract: In this paper, we derive the dynamics and assess the economic value of currency speculation by formalizing the concept of a trader inaction range. We show that exchange rate returns comprise a time-varying risk-premium and that uncovered interest parity (UIP) holds in a speculative sense. The often-cited `forward bias puzzle' originates from the omission of the risk-premium in standard UIP tests. Consistent with its popularity among market professionals, the carry-trade strategy can be rationalized as it systematically collects risk-premia and generates economic value when applied in multi-currency portfolios. URI: http://hdl.handle.net/10398/9099 Files in this item: 1
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Media discourse on environmental crises in SpainHalskov Jensen, Elisabeth (København, 2004)[More information][Less information]
Abstract: ABSTRACT. This paper presents an argumentative case study of the discursive representation of risk, responsibility and political action in the Spanish media. The study uses a critical discourse analytical approach combined with theories on risk, agency and political communication in the media. It is argued that an application of the Toulmin model is useful for eliciting systematic overall repre-sentations of responsibility and agency in environmental crises such as the mad cow crisis as well as for revealing relationships between social domains such as moral, politics, economics and science in discourse. Discourse analysis shows that in the Spanish newspaper sample the focus was on the construal of high risk and on the construal of the national Spanish politicians, the EU and the Brit-ish nation as scapegoats. No responsibility was associated with consumers or other individual players. Political action was transformed into a moral respon-sibility on the part of the national and European politicians, constrained by economic and technical-scientific reality and represented as taking place only in the public sphere. KEY WORDS: CDA, World Risk Society, argumentation, media discourse, argumentation, responsibility, political action, Spanish government, environmental crises. URI: http://hdl.handle.net/10398/6851 Files in this item: 1
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Evidence from a Lab-in-the-Field ExperimentKoudstaal, Martin; Sloof, Randolph; van Praag, Mirjam (Rotterdam, 2014)[More information][Less information]
Abstract: Theory predicts that entrepreneurs have distinct attitudes towards risk and uncertainty, but empirical evidence is mixed. To better understand the unique behavioral characteristics of entrepreneurs and the causes of these mixed results, we perform a large ‘lab-in-the-field’ experiment comparing entrepreneurs to managers – a suitable comparison group – and employees (n = 2288). The results indicate that entrepreneurs perceive themselves as less risk averse than managers and employees, in line with common wisdom. However, when using experimental incentivized measures, the differences are subtler. Entrepreneurs are only found to be unique in their lower degree of loss aversion, and not in their risk or ambiguity aversion. This combination of results might be explained by our finding that perceived risk attitude is not only correlated to risk aversion but also to loss aversion. Overall, we therefore suggest using a broader definition of risk that captures this unique feature of entrepreneurs; their willingness to risk losses. URI: http://hdl.handle.net/10398/9034 Files in this item: 1
Praag.pdf (1.181Mb) -
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Abstract: The paper looks at initiatives taken by the Mexican Employers’ Confederation (COPARMEX) aimed at promoting collaboration among civil society associations around the issue of public safety. Insecurity in the form of robbery, assault and kidnapping causes huge losses to business in Mexico. It is argued that business leaders are seeking to create consensus and form alliances among civil society around the topic of insecurity, both to combat crime but also as a strategy to strengthen links with civil society and improve the image of business, which has suffered due to the increasing resonance of anti-capital and anti-globalisation discourses in the region. URI: http://hdl.handle.net/10398/7040 Files in this item: 1
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The Case of Stem CellsBorcha, Kristian; Norus, Jesper (København, 2004)[More information][Less information]
Abstract: The aim of this paper is to explore technological roadmaps to identify key issues concerning the development and utilization of stem cells. From a review of the political decision making processes in three countries, Denmark, the Netherlands, and Germany we suggest that technological roadmapping in this emerging and discontinued technology can provide critical policy information. This type of policy intelligence can be used to rethink the regulatory practices away from today’s framework based regulation of the emerging technologies towards a regulatory policy based on how to develop regulatory practices based on the content and visions of the technologies in question. In the conclusion we discuss that the positive side effect of such a shift in the regulatory paradigm is that technological roadmapping can be used as a planning tool to deal with priorities in the health care system when the technologies are in its embryonic stage. Key words: Stem cell technologies, Roadmap, S&T policy. URI: http://hdl.handle.net/10398/6775 Files in this item: 1
wp05-2004.pdf (99.29Kb) -
Effekter og udfordringerAndersen, Kim Normann; Medaglia, Rony (, 2009)[More information][Less information]
Abstract: Staten bruger millioner på rengøring alt mens ældrecentre og ældre i eget hjem er skydeskiven for de arbejdskraftbesparende teknologier. ABT-fondens indsats skønnes at skubbe yderligere til denne digitalisering. Budgetterne i den statslige sektor er ikke påvirket af robotteknologien, mens der eksperimenteres på livet løs i kommunerne. Mens kommunerne således har haft en række pilotforsøg og taget robotteknologien til sig, har de mange statslige styrelser, universiteter og departementer tilsyneladende holdt robotterne i arms længde. Derved har staten ikke blot lidt et ressourcetab, men også mindsket mulige afledte positive innovationsgevinster. URI: http://hdl.handle.net/10398/7787 Files in this item: 1
CAICT_2009_03.pdf (978.3Kb) -
Andersen, Kim Normann (Frederiksberg, 2012)[More information][Less information]
Abstract: Denne rapport sætter fokus på robotstøvsugning på større, ensartede gulvarealer i den offentlige sektor. Med udgangspunkt i et rammeværktøj (den såkaldte CIVO-model), er den opsigtsvækkende konklusion i rapporten, at der kan opnåes et højere rengøringsresultat ved hjælp af robotstøvsugning sammenlignet med konventionel rengøring. Opretholdes samme rengøringsniveau målt ved vægten af indsamlet støv og snavs, er besparelsespotentialet 25%-75% af de medgåede omkostninger til støvsugning og tørmobning af gulvarealer. Samlet set vurderes det, at der rengøres godt 18 millioner m2 gulvarealer i den offentlige sektor. Hvis hele dette areal skal støvsuges med robotter, vil det kræve en indsats af mere end 225.000 robotter. Rapportens udgangspunkt er den aktuelle markedsmodning af robotstøvsugere til større arealer. De større producenter enten har eller er tæt på at markedsføre støvsugere med større rækkevidde og bedre navigationssystemer. Dermed er vejen banet for at bl.a. rådhuse, skoler, plejecentre, styrelser og ministerier kan begynde ibragtagningen af robotstøvsugerne. Kommunerne har haft en relativ aggressiv kurs med lancering af robotstøvsugerne i visitationen til bl.a. ældre. Rapporten peger på, at der kan hentes mindst lige så store driftgevinster ved at rette fokus på den offentlige sektors egen brug af støvsugerne. Det langsomme optag i den offentlige sektor tilskrives i rapporten, at den tekniske modning af støvsugerne først i 2011 og 2012 er slået igennem for robotterne til større arealer samt at der er en vis inerti p.g.a. eksisterende udbudskontrakter og manglende erfaring med at indbygge krav til dette i udbudsmaterialet. URI: http://hdl.handle.net/10398/8454 Files in this item: 1
Kim_Normann_Andersen_2012_1.pdf (375.7Kb) -
Kühn Pedersen, Mogens; Holm Larsen, Michael (København, 2003)[More information][Less information]
Abstract: In globalizing competitive markets knowledge exchange between business organizations requires incentive mechanisms to ensure tactical purposes while strategic purposes are subject to joint organization and other forms of contractual obligations. Where property of knowledge (e.g. patents and copyrights) and contractbased knowledge exchange do not obtain network effectiveness because of prohibitive transaction costs in reducing uncertainty, we suggest a robust model for peer produced knowledge within a distributed setting. The peer produced knowledge exchange model relies upon a double loop knowledge conversion with symmetric incentives in a network since the production of actor specific knowledge makes any knowledge appropriation by use of property rights by the actors irrelevant. Without property rights in knowledge the actor network generates opportunity for incentive symmetry over a period of time. The model merges specific knowledge with knowledge from other actors into a decision support system specific for each actor in the network in recognition of actor role differences. The article suggests a set of 9 static and 5 dynamic propositions for the model to maintain symmetric incentives between different actor networks. The model is proposed for business networks. URI: http://hdl.handle.net/10398/6487 Files in this item: 1
no.13.pdf (3.362Mb) -
Shollo, Arisa (Frederiksberg, 2013)[More information][Less information]
Abstract: This Ph.D. thesis is concerned with the role of the business intelligence (BI) output in organizational decision-making processes. The primary focus of this thesis is to investigate how this BI output is employed and deployed by decision-makers to shape collective judgement and to reach organizational decisions. Concerning the role of the BI output in decision-making the BI literature is characterized by normative ideas of how the BI output should be used in decision-making and how it can enable people to make better decisions. Most previous work has concerned methods and technologies to collect, store and analyze BI. It has also, assumed a rational approach to decision making where data from information systems are used to inform decisions either by reducing uncertainty, ambiguity or complexity. This study attempts to establish knowledge about the role of the BI output in the IT project prioritization process of the Group IT of the Danske Bank Group. Hence, the starting point of this thesis is a 16-month long interpretive study from March 2010 till July 2011 during which I observed the prioritization process and collected various forms of data. I use a rich dataset built from this longitudinal study of the IT project prioritization process in Group IT where thematic analysis is used to analyze the data. Overall, the study operates under the interpretive paradigm, which assumes that the world and knowledge are socially constructed. URI: http://hdl.handle.net/10398/8664 Files in this item: 1
Arisa_Shollo.pdf (4.175Mb) -
evidence from baltic and other transitional economiesMygind, Niels (København, 2002)[More information][Less information]
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Foss, Nicolai J.; Lyngsie, Jacob; Zahra, Shaker A. (Frederiksberg, 2013)[More information][Less information]
Abstract: Research highlights the role of external knowledge sources in the recognition of strategic opportunities, but is less forthcoming with respect to the role of such sources during the process of exploiting or realizing opportunities. We build on the knowledge-based view to propose that realizing opportunities often involves significant interactions with external knowledge sources. Organizational design can facilitate a firm’s interactions with these sources, while achieving coordination among organizational members engaged in opportunity exploitation. Our analysis of a double-respondent survey involving 536 Danish firms shows that the use of external knowledge sources is positively associated with opportunity exploitation, but the strength of this association is significantly influenced by organizational designs that enable the firm to access external knowledge during the process of exploiting opportunities. URI: http://hdl.handle.net/10398/8680 Files in this item: 1
SMGWP2013_6.pdf (545.6Kb)