Browsing by Title
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Lyck, Lise (Geneva, 2012)[More information][Less information]
Abstract: The purpose of this article is to present and analyze the Greenland Home Rule from a government and governance perspective and to relate it to the Moroccan initiative for negotiating an autonomy statute for the Sahara region and thereby to contribute to an end of this dispute. In order to make a presentation and analysis meaningful, a presentation of the historical and political context for the Nordic development is required and also a short comparison to the context for the Sahara region question, keeping in mind the differences between the two political, social, historical, and cultural contexts. In particular, while the autonomy of Greenland is well established since many years, the proposal for Sahara is still open for negotiation by all the parties and has been considered by the UN Security Council as “serious and credible”, which should be understood as an encouragement to all parties to use it as a starting point for negotiations, and enrich the scope of power devolution. Needed is also a short overview over autonomy models and the development of autonomy statutes to give a perspective on the options. On this background the Greenland Home Rule Model is presented and analyzed and the government/governance problematic analyzed in depth. The relevance for the Moroccan initiative for negotiating an autonomy statute for the Saharan region of the juridical formulation and the experiences from Greenland is discussed and the learning presented pointing out advantages and pitfalls to consider and evaluate. The last section includes a conclusion based on the presented analysis and some recommendation to consider. All is presented for further discussion and evaluation among the stakeholders interested in a solution of the autonomy question for the Sahara region. URI: http://hdl.handle.net/10398/8479 Files in this item: 1
LYCK_2012_5.pdf (190.3Kb) -
Kok-Kheng Yeoh, Émile (København, 2006)[More information][Less information]
Abstract: Although China is not a federal country, its public finance system does carry features of fiscal federalism. Since 1949, although the central government has consistently sought to exercise strong control over the country, it has at times done so by decentralist rather than centralist policies. The Dengist policies since economic reform began, for example, have had a strongly decentralist element, with continuing devolvement of control to the provincial governments, sometimes to such a degree that some observers have commented: "the centre pretends to rule and the provinces pretend to be ruled". This is also a period that witnessed the revival of old regionalisms, as well as the creation of new regionalisms brought about by increased local autonomy, rapid economic growth and increasingly globalizing trade and business linkages. While the oft-cited "China deconstructs" scenario seems at present far-fetched, the challenges posed by central-peripheral conflicts, ethnic resource contest and ethnoterritorial aspirations are real, in particular as they are being exacerbated by the country’s "retreat from equality�? and growing interregional economic disparity. In the light of these daunting exigencies, this paper explores the political economy of regional development in China, focusing on the intricate link between the country’s ethnic diversity and the role of the State in the economy, as the Asian giant warily enters a new stage of economic reform. Keywords: China, regionalism, ethnic diversity, inequalities, uneven development, regional disparities URI: http://hdl.handle.net/10398/7409 Files in this item: 1
cdp 2006-012.pdf (1.088Mb) -
the case of BulgariaMichailova, Snejina; Hollinshead, Graham (København, 1998)[More information][Less information]
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Evidence from DenmarkBechmann, Ken L.; Raaballe, Johannes (København, 2004)[More information][Less information]
Abstract: Abstract It is often asserted that stock splits and stock dividends are purely cosmetic events. However, many studies have documented several stock market effects associated with stock splits and stock dividends. This paper examines the effects of these two types of events for the Danish stock market. Consistent with the existing literature, the two events are associated with a significantly positive announcement effect of ap- proximately 2.5%. However, when examining the two events more carefully, several important results are obtained. First, a firm's motivation for announcing the two events is completely different. Second, the positive stock market reaction is closely related to associated changes in a firm's payout policy, but the relationship varies for the two types of events. Finally, there is only very weak evidence for a change in the liquidity of the stock. On the whole, after controlling for the firm's payout policy, the results suggest that a stock split is a cosmetic event and that a stock dividend on its own is considered negative news. Key words: Stock splits; Stock dividends; Cash dividends; Signaling; Liquidity URI: http://hdl.handle.net/10398/7181 Files in this item: 1
2004_1.pdf (360.0Kb) -
Mygind, Niels (København, 1997)[More information][Less information]
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Janning, Finn (København, 2005)[More information][Less information]
Abstract: There is a story about two companies, and how the one was supported and dominated by the other. Even today, more than 13 years after their separation, the support and domination of one company over the other seems to continue. In 2001 NNE (Novo Nordisk Engineering A/S), celebrated its tenth anniversary as an independent affiliate within the Novo Group. The anniversary was celebrated with a huge party at the Øksnehallen Exhibition Centre located in Copenhagen, Denmark. Here NNE launched its new Corporate Visual Identity (CVI). The CVI was created in order for NNE to show the world that it strived to become the market leader in the growing fields of biotechnology and pharmaceuticals. Equally important, NNE wanted to detach itself from its supporter and dominator, the company Novo Nordisk A/S. To begin with, NNE changed its name from Novo Nordisk Engineering A/S to NNE; secondly it created a new logo; and last, as a brand promise, it stated: Unique Know How. In fact, NNE changed all of its visual identity (i.e. CVI) in a manner like that of pirates who want to change identity by raising another flag on the mast before anchoring at a harbor. URI: http://hdl.handle.net/10398/7128 Files in this item: 1
finn_janning.pdf (1.848Mb) -
A literature review and a suggestion of how to study the issueWestenholz, Ann (, 2012)[More information][Less information]
Abstract: Purpose: First, the aim is to clarify that it is worth investigating working life in Chinese companies located in Denmark. Second, I outline a way of how to empirically study the issue. Design/methodology/approach: A literature review and a suggestion of how to study the issue. Findings: There is a growing amount of literature dealing with Chinese and Western working life. The term ‘Western’ mostly refers to studies in North America. However the Danish way of organizing working life is not comparable to that of North America. I argue that we need to research the impact on working life in Denmark when Chinese companies settle in an institutional context like the Danish one. It is shown that Chinese institutional orders of organizing working life are very different to those in Denmark. I outline a method of how to empirically study the interaction between Chinese and Danish managers and employees working together in Chinese companies in Denmark. I argue that when these people work together, they also become engaged in institutional work dealing with the inconsistencies between the institutional orders of organizing. To study how institutional work emerges, I propose that we take inspiration from Boltanski and Thévenot’s theory of justification, different worlds, and different worth. Research limitation: The empirical data gathering has just started and the analysis has yet to be conducted. Practical implications: Even though the paper is not based on an empirical study, implications for studying how working life is organized in Chinese companies located in Denmark are suggested. Keywords: Internationalization of Chinese companies. Institutional orders of working life in China and Denmark. Institutional work in Chinese companies settled in Denmark. Boltanski and Thévenot’s theory of justification, different worlds, and different worth. URI: http://hdl.handle.net/10398/8644 Files in this item: 1
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old versus new PolandMroczkowski, Tomasz; Linowes, Richard; Nowak, Alojzy (Frederiksberg, 1999)[More information][Less information]
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The Case of DenmarkBjørn-Andersen, Niels; Viborg Andersen, Kim (København, 2003)[More information][Less information]
Abstract: The Danish companies are ahead of the US in B2C e-commerce. With the exception of Germany, Denmark is leading the group of 10 countries included in the survey data forming the basis for this report. The average global sample and countries as Germany is performing substantial better than Denmark on B2B on-line sales. Danish companies have high level of investments in IT, have the lowest barriers for ecommerce and the highest levels of e-commerce drivers. On most indicators for readiness e-commerce such as companies use of e-mail, intranet, EDI, extranet, and provision of mobile services... URI: http://hdl.handle.net/10398/6484 Files in this item: 1
gec_paper_iii_dk_august_2003.pd.pdf (329.4Kb) -
Analyzing the illegal distribution of digital games via BitTorrentDrachen, Anders; Bauer, Kevin; Veitch, Robert W. D. (Frederiksberg, 2011)[More information][Less information]
Abstract: The practice of illegally copying and distributing digital games is at the heart of one of the most heated and divisive debates in the international games environment. Despite the substantial interest in game piracy, there is very little objective information available about its magnitude or its distribution across game titles and game genres. This paper presents the first large-scale, open-method analysis of the distribution of digital game titles, which was conducted by monitoring the BitTorrent peer-to-peer (P2P) filesharing protocol. The sample includes 173 games and a collection period of three months from late 2010 to early 2011. With a total of 12.6 million unique peers identified, it is the largest examination of game piracy via P2P networks to date. The study provides findings that reveal the magnitude of game piracy, the timefrequency of game torrents, which genres that get pirated the most, and the relationship between aggregated review scores and ESRB-ratings. URI: http://hdl.handle.net/10398/8495 Files in this item: 1
drachen_bauer_veitch_2011.pdf (2.033Mb) -
Jacobsen, Jóannes; Sørensen, Anders; Junge, Martin (Frederiksberg, 2011)[More information][Less information]
Abstract: Der er klar sammenhæng mellem danske virksomheders digitaliseringsstrategi og produktivitet. Det viser denne rapport, som CEBR har udarbejdet for IT- og Telestyrelsen på grundlag af en pålidelig stikprøve på omkring 8.500 danske virksomheder. Et af rapportens nøgleresultater er, at en 1 procent-point større andel af virksomheder, som har digitaliseret visse forretningsprocesser, er knyttet til 0,72 procent højere værditilvækst pr. medarbejder. Det svarer i et makroøkonomisk perspektiv til mellem 2,6 og 6,5 milliarder kroner i årlig bruttoværditilvækst. URI: http://hdl.handle.net/10398/8481 Files in this item: 1
jacobsen_soerensen_junge_2011.pdf (2.606Mb) -
Jacobsen, Jóannes; Rose Skaksen, Jan; Sørensen, Anders (, 2012)[More information][Less information]
URI: http://hdl.handle.net/10398/8648 Files in this item: 1
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Contextual Creation of Knowledge Versus Global Transfer of KnowledgeHolm, Ulf; Pedersen, Torben (København, 2000)[More information][Less information]
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Gammelgaard, Jens; McDonald, Frank; Tüselmann, Heinz-Josef; Dörrenbächer, Christoph; Stephan, Andreas (København, 2006)[More information][Less information]
Abstract: This paper develops a conceptual framework on the strategic development of subsidiaries and the direct employment of skilled labour. The framework is based on autonomy, and intra and inters organizational relationships. The conceptual model outlines the conditions that are likely to lead to too much, or too little, autonomy and intra and inter organizational relationships. This model is then used to develop propositions on the links between autonomy and intra and inter organizational relationships and direct employment of skilled labour. URI: http://hdl.handle.net/10398/6521 Files in this item: 1
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US and EU EvidencePedersen, Torben; Thomsen, Steen; Kvist, Hans Kurt (København, 2001)[More information][Less information]
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Pedersen, Torben; Thomsen, Steen; Kvist, Hans Kurt (København, 2001)[More information][Less information]
Abstract: The causal relationship between insider ownership and market valuation is tested on a database of the largest EU and US companies. Using a Granger causality test insider ownership (measured by the fraction of closely held shares) is found to have a negative effect on market valuation (measured as the simple Tobin's Q ratio). And market valuation is found to have a negative effect on insider ownership. Consistent with an overall non-linear relationship as hypothesised by Morck et al. (1988) and Stultz (1988), the negative effect from insider ownership to performance is found to be significant only for companies with high initial levels of insider ownership, but insignificant for companies with low initial concentration levels. Furthermore, the effect on market valuation turns out to depend on system affiliation: it is only significant in continental Europe where average insider ownership is much higher than in the Anglo-American world (UK and US). URI: http://hdl.handle.net/10398/6900 Files in this item: 1
linkwp01-18.pdf (66.70Kb) -
Thompson, Grahame (Frederiksberg, 2010)[More information][Less information]
URI: http://hdl.handle.net/10398/8070 Files in this item: 1
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the anthropology of marketing and marketing anthropologyMoeran, Brian (København, 2002)[More information][Less information]
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reconstructing the paradigmatic foundations of a virtual research instituteHellström, Tomas; Wenneberg, Søren Barlebo (København, 2002)[More information][Less information]
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Bechmann, Ken L.; Hjortshøj, Toke L. (København, 2007)[More information][Less information]
Abstract: New accounting standards require ¯rms to expense the costs of option-based compensation (OBC), but the associated valuations o®er many challenges for ¯rms. Earlier research has documented that ¯rms in the U.S. generally underreport the values of OBC by manipulating the inputs used for valuation purposes. This paper examines the values of OBC disclosed by Danish ¯rms. The results suggest that ¯rms experi ence some di±culties in valuing OBC, but interestingly, there is no clear evidence of deliberate underreporting. For example, there is no evidence that ¯rms use manipulated values for the Black-Scholes parameters in their valuations. Furthermore, ¯rms determine the expected time to maturity in a way that is generally consistent with the guidelines provided by the new accounting standards. The ¯ndings di®er from those of the U.S., but is consistent with the more limited use of OBC and the lower level of attention paid to these values in Denmark. However, the di®erences can also be due to the fact that several Danish ¯rms do not provide the information required regarding their OBC, which is clearly a very e®ective way of hiding the true values. URI: http://hdl.handle.net/10398/7143 Files in this item: 1
2007_25.pdf (347.2Kb)