Browsing Departments by Title
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Evidence from Unexpected Inheritance due to Sudden DeathAndersen, Steffen; Meisner Nielsen, Kasper (Frederiksberg, 2010)[More information][Less information]
Abstract: We use a natural experiment to investigate the impact of participation constraints on individuals' decisions to invest in the stock market. Unexpected inheritance due to sudden deaths results in exogenous variation in financial wealth and allows us to examine whether fixed entry and ongoing participation costs cause non-participation. We have three key findings. First, windfall wealth has a positive effect on participation. Second, the majority of households do not react to sizeable windfalls by entering the stock market, but hold on to substantial safe assets—even over longer horizons. Third, the majority of households inheriting stock holdings actively sell the entire portfolio. Overall, these findings suggest that participation by many individuals is unlikely to be constrained by financial participation costs. URI: http://hdl.handle.net/10398/8169 Files in this item: 1
wp3-2010.pdf (254.6Kb) -
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Abstract: Spørgsmålet er om der er aftaleretlig revolution på vej, en revolution som er baseret på, at hvis virksomhederne vil overleve i den globale økonomi kræves nye initiativer for at skabe værdi.1 Den globale økonomi er karakteriseret ved omskiftelighed og aggressiv konkurrence. Derfor kan virksomheder sjældent stå alene om at skabe værdi.2 Det er forandringen i virksomhedernes værdiskabelse, som er årsagen til revolutionen. I stedet for at skabe værdi alene skaber virksomhederne nu værdier i fællesskab og til det kræves nye samarbejdsformer og nye måder at indgå aftaler på, selv i virksomhedens første levetid. De gamle metoder og teorier duer således ikke mere. Nye samarbejdsformer indbefatter både i Storbritannien,3 USA og i Danmark begrebet partnering. Selv om partnering er et forholdsvist nyt begreb i Danmark, har partnering allerede i USA vist at være vejen til fundamentale forandringer for, hvordan store virksomheder kontraherer. URI: http://hdl.handle.net/10398/8656 Files in this item: 1
Tvarnoe_2003.pdf (208.8Kb) -
A study of the Think City electric car developmentStrzeletz Ivertsen, Karin (Frederiksberg, 2014)[More information][Less information]
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Generating Cross-domain Knowledge about Connecting Work Analysis and Interaction DesignClemmensen, Torkil; Sandblad, Bengt; Lopes, Arminda; Abdelnour- Nocera, Jose; Copenhagen Business School. CBS; Institut for IT-Ledelse; ITM; Department of IT Management; ITM (Cape Town, 2013)[More information][Less information]
Abstract: Proceedings of Workshop at INTERACT 2013 – 14th IFIP TC13 Conference on Human-Computer Interaction, Cape Town, South Africa, September 2013 URI: http://hdl.handle.net/10398/8751 Files in this item: 1
Clemmesen_proceedings.pdf (5.622Mb) -
Do Patents "Crowd Out” Prizes?Davis, Jerome; Davis, Lee (København, 2006)[More information][Less information]
Abstract: Debate over the merits of patents versus inducement prizes has tended to ignore the signaling roles of patents, and totally ignores the impact of patent signaling on prize contests. This paper asks: How does patent signaling affect the strategic choices of firms considering entering prize contests? First, we consider contests that do not allow patenting, then contests that do. If patenting is not allowed, we argue, patent-holders, both internal and external to the contest, can adversely impact prize contests by claiming prize winner violation of their patents, and suing for damages. The likelihood of such challenges being made can deter entry, particularly in contests requiring large sunk costs. Furthermore, the firm's decisionmaking process will discriminate against entering prize contests and favor R&D projects with patentable outcomes. Together, these problems may circumscribe any future wider role for prize contests, and limit their major putative welfare advantage: the ability to place prize winning solutions into the public domain. In contests where entrants may patent their inventions, entry is subject to basically the same problems as above (although such contests may carry some advantages as regards contest design). Our overall conclusion is that prize contests are liable to fail due to the lack of potential entrants, particularly as regards entry on the part of larger commercial firms. URI: http://hdl.handle.net/10398/7204 Files in this item: 1
ipr-w_12-davisdavis-mai03-1.pdf (332.8Kb) -
Sommerlund, Julie (København, 2005)[More information][Less information]
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Zinck Pedersen, Kirstine (, 2008)[More information][Less information]
URI: http://hdl.handle.net/10398/8194 Files in this item: 1
Patientens_politiske_diskurs.pdf (424.8Kb) -
A Comparative Analysis of China and IndiaPatibandla, Murali (København, 2004)[More information][Less information]
Abstract: Qualitative information and data show significant differences in the magnitude and type of foreign direct investment inflows among developing economies. Explanation of the differences requires analysis of market institutional factors as well as the supply and demand side conditions. This paper adopts the approach that different configurations of supply, demand and market institutional factors explain the type of investment flows into developing economies. The argument is illustrated through a comparative study of China and India. Key Words: Developing Economies; Foreign Direct Investment; China, and India JEL Classification: F23, P52 URI: http://hdl.handle.net/10398/6524 Files in this item: 1
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an explorationPatibandla, Murali (København, 2001)[More information][Less information]
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Assessing network structures within container shipping industryProckl, Günter; Kotzab, Herbert; Kinra, Aseem (frederiksberg, 2013)[More information][Less information]
Abstract: Purpose - Container shipping, due to its boundary crossing nature, is generally seen as an international business. A first look into the physical networks of the industry has shown that container-shipping companies operate however rather differently, with different motives for internationalization, and infact show different patterns to their international development. However, there are other important transactional and market-oriented considerations, and overall dynamics that need to be examined before concluding on the internationalization levels of container shipping companies, and the industry. The purpose of this paper is to further investigate the patterns of internationalisation by the examination of the more demand-oriented considerations. Design/methodology/approach - In order to answer the research question, the paper focusses on the examination of the front-end activities and structures like sales office networks and the overall extent of market presence. For this the fundamental sales networks of the companies were considered as a key indicator, and the port networks of the 20 largest container-shipping companies in the world (by TEU capacity) were analyzed. Findings - The resulting data set allows an examination on each company’s overall network at various geographic levels, and a direct comparison of the networks of the companies. It shows that not all shipping companies are highly international. It also shows that market share and total capacity are not necessarily a good indicator for the worldwide presence of a company. Research limitations/implications (if applicable) - The paper adds yet another piece to the interesting puzzle on internationalization patterns of container shipping companies. However, for a complete picture on the internationalization process further work will be required that is based e.g. on the development pattern of single companies and that may also take more the dynamic aspects and comparisons into account. Practical implications - Preceeding work provides insights that are directed towards the port networks and thus toward the more back office oriented resource architecture and the more geographical aspect of physical coverage. By reorganising the focus on the sales network of the single container shipping companies, this paper presents findings that are also applicable to the front end, towards the customer, The comparison of both views is promising interesting insights such as ownership structures and entry modes along with the specific location commitment as a basis for strategic considerations. Originality/value – In the academic literature there is not much to find on the internationalization process and the dominating internationalisation patterns related to container shipping. The paper makes an important contribution in this regard by considering the different aspects of the international shipping networks and by bringing these closer to extant frameworks on internationalization. URI: http://hdl.handle.net/10398/8812 Files in this item: 1
Prockl_2.pdf (913.0Kb) -
who should compensate who?Astrup Jensen, Bjarne; Sørensen, Carsten (København, 2000)[More information][Less information]
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Åkerstrøm Andersen, Niels (København, 2003)[More information][Less information]
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kvalitetsbedømmelse af forskning, når vilkårene for vidensproduktion forandresHansson, Finn (København, 2000)[More information][Less information]
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Bhatti, Jonas Aziz; Møller, Michael (København, 2002)[More information][Less information]
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En systemteoretisk analyse af offentlig meningsdannelseVallentin, Steen (København, 2002)[More information][Less information]
Abstract: .."the thesis tries to show how – with the appearance of the themes ethics and democracy – new conditions have evolved for the administration of the Danish pension fund investments. It should be emphasized that the thesis not only aims to provide a description of the Danish debate about ethical investments; it makes a separate contribution to systems theory. This contribution consists in a general presentation of Luhmann’s theory (chapter 2) followed by discussions of Luhmann’s concepts of risk (chapter 3), morality and ethics (chapter 4) and public and public opinion (chapter 5). In theoretical terms the contribution of the thesis lies in showing how Luhmann’s systems theory can be used to describe and analyze public opinion formation in general and the debate about the Danish pension fund investments in particular. The thesis focuses on Danish developments but international developments are not ignored. To put Danish developments into perspective, a part of chapter 1 focuses on developments surrounding ethical – or socially responsible – investments in the US and the UK. Matters of definition, historical developments and praxis forms are presented and lead up to an overview of key events in the domestic debate. It is argued that the Danish debate – unlike the very individualistic anglo-saxon debate – has focused on collective matters. The debate has focused on institutions which make investment decisions on behalf of many – often hundreds of thousands of – people, institutions which do not operate in a free market setting. A brief description of Danish developments is followed by a summary of and further reflexions upon the analytical arguments of the thesis. URI: http://hdl.handle.net/10398/7131 Files in this item: 1
steen_vallentin.pdf (2.310Mb) -
An Industry PerspectiveAndersen, Torben Juul (København, 2005)[More information][Less information]
Abstract: Multinational enterprise in control of dispersed overseas resources and capabilities has been linked to strategic flexibility that allows the firm to take advantage of opportunities and manage exposures imposed by changing environmental conditions. This paper analyzes the implied performance and risk management effects in a comprehensive sample of public firms and finds supportive evidence for the proposition that multinationality can enhance performance across industries. However, the ability to exploit upside potential and avoid downside risk is industry specific. The positive effects of multinationality are found particularly pronounced among firms operating in knowledge intensive service industries while firms in capital-intensive primary industries display the inverse relationships. Keywords: Strategic flexibility, Real options, Risk management URI: http://hdl.handle.net/10398/7473 Files in this item: 1
cbs forskningsindberetning smg 30.pdf (479.6Kb) -
Kumar, Vikas; Pedersen, Torben; Zattoni, Alessandro (København, 2008)[More information][Less information]
Abstract: Manuscript Type: Empirical Research Question/Issue: Institutional and transaction costs theories highlight the idea that group affiliated firms outperform unaffiliated firms in emerging economies. The persistence of superior performance for group affiliated firms is, however, questioned by the fast and recent development of markets and institutions in these countries. In this article, we explore this link between firm performance and the evolution of institutional environment. Research Findings/Insights: The setting of the empirical investigation is India in the postreform era (post 1990). We test for effects of business group affiliation on firm performance over a 17 year time period from 1990 to 2006. Our findings show that (i) the performance benefits of group affiliation erode with the evolution of the institutional environment; (ii) older affiliated firms are better able to cope with institutional transition than younger affiliated firms; (iii) service-sector affiliated firms are better able to cope with institutional transition than manufacturing-sector affiliated firms. Theoretical/Academic Implications: Our findings both support the institution- and transaction costs-based theory of business groups, and extends it by incorporating a dynamic and longitudinal component. They also demonstrate – in line with recent works - that the benefits of group membership differ for different types of member firms. Practitioner/Policy Implications: The article has implications for both managers and policy makers. Managers of business groups should timely adapt their strategy to the evolution of the institutional environment. Policy makers should, instead, devote attention to the consequences of their policies because they may undermine the efficiency of large national companies. URI: http://hdl.handle.net/10398/7430 Files in this item: 1
smg wp 2008-25.pdf (191.1Kb) -
An Inquiry into Subjective and Social Technology at WorkBojesen, Anders (København, 2008)[More information][Less information]
Abstract: The Performative Power of Competence undersøger hvad kompetence bliver i en række konkrete arbejdspraksisser. Afhandlingen viser hvordan kompetence ikke blot handler om individuelle eller organisatoriske opkvalificeringsprojekter, men indebærer en social værdidom (om det kompetente og ikke-kompetente) hvilket betyder at kompetence ikke længere kan ses som "et underliggende karakteristika ved individet på arbejde” men må forstås som en dobbelt bevægelse; det vil sige som en samtidig udpegning af et problem (behov for at lære noget nyt) og en løsning (forudsætning for at skabe effektive og attraktive arbejdspladser). Afhandlingen betjener sig af et stort empirisk materiale fra den offentlige sektor der omfatter fire kompetenceudviklingsforløb, gennemført i perioden 2004-2006. Materialet er skabt i et samarbejde med fire konsulenter, hvor forfatteren selv har været til stede og har bidraget til udformningen af kompetenceudviklingsprocesserne. Formuleret kort markerer kompetence en særlig ideologisk tilværelse, der betoner proaktivitet, selvrefleksivitet og en aktiv tagen ansvar for organisationens mål. Et symptom på denne kompetenceideologi er når offentlige institutioner inviterer konsulenter indenfor for at uddanne coaches og forandringsagenter og skabe tværgående teams, der igen har til formål at skabe øget fleksibilitet, tværgående samarbejde og projektorganisering. Kompetencens performative kraft består i den samtidige diagnose af mangelstilstanden og udmåling af den rette behandling. For konsulenten bliver det et problem, hvis vedkommende ikke kan tilvejebringe den rette diagnose og kur, idet intet er værre end at få diagnosticeret et problem uden at få stillet den rette behandling i udsigt. Samtidig hævder afhandlingen også, at det vil være farligt for ikke at sige umuligt endeligt at kurere den mangelstilstand som kompetence producerer. Fx kan modstand mod forandring og kritik af det bestående ikke blot elimineres som kværulanteri, men må ses som væsentlige elementer i transformationen af det selv-skabende, selv-refleksive, ansvars-tagende subjekt. Kompetencens performative kraft legitimerer transformationen af subjektet så længe subjektet finder tilfredsstillelse, ikke i de enkelte afgrænsede kompetenceudviklingsaktiviteter, men i den uendelige søgen efter et kompetent jeg. URI: http://hdl.handle.net/10398/7048 Files in this item: 1
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Bille, Trine; Agersnap, Flemming; Jensen, Søren; Vestergaard, Trine (Frederiksberg, 2010)[More information][Less information]
Abstract: The purpose of this paper is to study careers and income conditions of performing artists in Denmark on the basis of national statistics. The paper uses three different criteria for defining performing artist, and looks at the implications observed on careers and income conditions. The three different criteria for defining performing artists are: 1) Having a job as performing artist, 2) Graduation from a performing art school, and 3) Membership of professional performing artist’s association. The paper has focus on three questions: How are the income conditions of performing artists in the period 1996 – 2007? How are the career length and patterns of the performing artists in Denmark? How is the careers related to the income conditions of the artists? The results concerning the living conditions for performing artists shows in general very low income levels for most of the artists, and only about 1/3 of them are working within the theatre sector. A regression model for 2007 shows a positive effect on earning of age, being a man, working in Copenhagen capital area, having work experience, having a basic actor education, and work as a dancer/choreograph or as an actor/director. The analysis of career length shows that most performing actors have very short careers of one or two years. Cross-tabulations for 2007 shows that those with short careers in general have very low income, while those with longer careers have substantial higher income, and most of them have an income high enough to make a living. URI: http://hdl.handle.net/10398/8177 Files in this item: 1
50-Trine Bille.pdf (275.1Kb) -
the importance of "open house strategyTangkjær, Christian (København, 1999)[More information][Less information]