Browsing Working papers by Title
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insights from six case studiesMichailova, Snejina; Husted, Kenneth (København, 2001)[More information][Less information]
Abstract: This paper examines knowledge sharing in business environments and cultures that are hostile to knowledge sharing. We focus on knowledge sharing as it relates to individual behavior and management as guiding basically willing individuals. We elaborate the dimensions related to knowledge hoarding, apprehension about failures, and the Not-Invented-Here syndrome by investigating their features in knowledge-sharing hostile environments. Empirically, we explore a context not widely covered by the Western management literature on knowledge sharing: we draw on the examples of six Russian companies, three with and three without Western ownership. In terms of action orientation, we suggest that in knowledge-sharing hostile environments management needs initially to force knowledge sharing in order to transform the hostility into a knowledge embracing culture. We outline concrete guidelines of how to overcome the specific barriers to knowledge sharing. Key words: knowledge sharing, knowledge-sharing hostile environments, Russian companies URI: http://hdl.handle.net/10398/6341 Files in this item: 1
wp102001.pdf (378.1Kb) -
Holt, John; Purcell, William R.; Gray, Sidney J.; Pedersen, Torben (København, 2002)[More information][Less information]
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with an application to initial public offerings in DenmarkJakobsen, Jan; Sørensen, Ole (København, 2000)[More information][Less information]
URI: http://hdl.handle.net/10398/7192 Files in this item: 1
jakobsen_soerensen_decomposing.pdf (507.9Kb) -
Vinten, Frederik; Thomsen, Steen (København, 2006)[More information][Less information]
Abstract: We analyze delistings from European stock exchanges 1995-2005 as a function of market conditions, firm effects and governance regulation. We find that investor protection and corporate governance quality reduce the likelihood of going private, bankrupt or liquidated, but increase the likelihood of exit by merger or acquisition. Taking into consideration that corporate governance policy may be endogenously determined, the estimated policy effects turn out to be highly sensitive to model specification, but our best estimates produce qualitatively similar results. We conclude that the evidence is most consistent with efficient regulation: better protection of minority investors and higher corporate governance quality stimulates the market for corporate control (M&A) and reduces the incentive to go private. However, going private transactions have increased significantly while governance standards have been improved over the past decade, and we would not ignore the possibility that more regulation would lead to more delistings. For example, we find indications that the adoption of corporate governance codes and changes in the level of corporate governance indices increase the propensity to go private. It seems likely that increasing investor protection will at some point add more costs than benefits to companies and investors. Governments should therefore consider both costs and benefits of further regulation. Key words: Delisting, public listing, mergers, acquisitions, bankruptcy, liquidation, going private, private equity, investor protection. URI: http://hdl.handle.net/10398/7504 Files in this item: 1
wp12-06.pdf (330.3Kb) -
Når forskningen ved CBS møder citationsdatabaserneFrederiksen, Lars Frode (København, 2005)[More information][Less information]
Abstract: Internationalisering og publicering er centrale temaer på dagsordenen på CBS i disse år. I denne rapport sættes fokus på nogle aspekter af bibliometriske studier af forskningen ved CBS. Dvs. hvordan man gennem studier af publikationer og citationer til publikationer kan danne sig et billede af forskningen ved CBS og specielt den internationale synlighed af denne forskning. Rapporten kan give svar på - Hvordan publikationsmønstret ved udvalgte enheder på CBS er repræsenteret i de mest benyttede citationsdatabaser. - Hvilke forudsætninger, der skal være til stede for at udføre bibliometriske studier Rapporten kan ikke give svar på - Kvaliteten af publiceringen - Hvilke tidsskrifter der er A-journals Rapporten kan danne udgangspunkt for videre diskussioner - Om A-journals - Prioritering af forskellige output-mål - Udvikling af forskningsregistrering ved CBS URI: http://hdl.handle.net/10398/6938 Files in this item: 1
den hellige gral.pdf (433.2Kb) -
Bergqvist, Christian (København, 2009)[More information][Less information]
Abstract: Dominerende virksomheders adgang til at indrømme deres kunder rabatter er genstand for betydelige uklarheder, bl.a. som følge af en retspraksis, der ikke på alle punkter er sammenhægende eller forenelig med ordlyden af lovgivningen. Nedenfor skal der med udgangspunkt i EU og dansk praksis, dog forsøges opstillet nogle nærmere retningslinjer. Det konkluderes dog at der eksisterer så mange uklarheder at en sammenhængende praksis ikke ubetinget kan skabes. URI: http://hdl.handle.net/10398/7389 Files in this item: 1
wp 2009-2.pdf (246.9Kb) -
Danske og internationale udviklingstendenserSchulze, Christiane; Greve, Carsten (Frederiksberg, 2011)[More information][Less information]
Abstract: Kontraktbaseret styring har været på den politiske agenda i OECD landene siden de tidlige 1980’erne og i dag er kontrakter et helt centralt element i den moderne regering ((Ejersbo & Greve 2005: 62, Greve 2008a: 4). Internationalt var det især med Reagon-regeringen i USA og Thatcher-regeringen i Storbritannien, at der blev rettet interesse mod kontraktstyring1. Denne udvikling bør ses i lyset af New Public Management (NPM) reformerne, som blev skyllet ind over OECD landene siden 1980’erne (Fortin 2000, Kettl 2000, Bouckaert og Pollitt 2004). NPM kan overordnet forstås som ”brug af ledelsesinspiration fra den private sektor og [som] brug af markedsmekanismer”(Greve 2003). Ved siden af privatisering og deregulering iagttages kontrakter som et determinerende element i NPM (Fortin 2000:1). Kontrakter kan helt grundlæggende defineres som en aftale mellem bestiller og leverandør, der angiver vilkårene for levering af en service eller et produkt (Domberger 1998:12). Kontrakter er dog ikke bare en entydig formel aftale, der forstås på samme måde af enhver aktør. Tværtimod er kontrakter også afhængige af læsernes perspektiv såvel som omgivelsens normer, traditioner og legale rammer. Den er derved ikke uafhængig af de institutioner, som eksisterer i omverdenen og en kontrakt kan have forskellige betydninger i forskellige kulturer og lande. Desuden bliver kontrakten også selv en institution, der skaber en helt bestemt måde at omgås med hinanden, som adskiller sig fra de mere traditionelle hierarkiske styringsformer. Sidst men ikke mindst er kontraktens form også afgørende for, hvilken form for samarbejde og styring der vælges til og fra. En kontrakt er således langt fra et neutralt styringsværktøj, men påvirker tværtimod aktivt organisationernes organisering og styringsform. Det er derfor, at denne rapport skal belyse, hvorledes kontraktstyring i både eksterne og interne relationer af den offentlige sektor blev introduceret, hvilke udfordringer og ændringer det har medført for offentlige og private, samt hvordan det har påvirket forholdet mellem staten og samfundet... URI: http://hdl.handle.net/10398/8383 Files in this item: 1
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Pedersen, Ove K. (København, 2005)[More information][Less information]
URI: http://hdl.handle.net/10398/7331 Files in this item: 1
denmarks_negotiated_economy_19.pdf (122.6Kb) -
Arbejds- og ledelsesforhold i ny-økonomiske virksomhederLarsen, Bøje (København, 2006)[More information][Less information]
Abstract: Organisations- og ledelsesformerne er studeret i 5 "ny-økonomiske" virksomheder, der formodes at illustrere fremtidens organisationsformer. Virksomhederne er udvalgt, fordi de er præget af relativt højt tempo og tidskrav, fleksibel organisation og selvledelse, en sammenglidning mellem ude og inde, højtuddannede unge medarbejdere og viden som produktionsfaktor. I praksis viser det sig, at der er højt tempo - og en noget kaotisk dagligdag, og at de fungerer i et miljø med meget viden - men med endnu mere uvidenhed. Fleksibiliteten, selvledelsen og sammenglidningen mellem ude og inde er nok større end i "normale" industrivirksomheder, men den er absolut set begrænset. Årsagerne til denne kun "moderate revolution" af organisationsformerne diskuteres: Er det fordi klassisk organisation og social nærkontakt er nødvendig i den nye økonomi, eller er det manglende fantasi og tryghedsbehov? Begge muligheder holdes åbne. Endelig drøftes, om udviklingen er på vej til at realisere en utopi eller dystopi om fremtidens arbejdsplads. Væsentlige dystopiske træk fremhæves. URI: http://hdl.handle.net/10398/6763 Files in this item: 1
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Møller, Michael; Parum, Claus; Sørensen, Thomas (København, 2000)[More information][Less information]
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Novak, Lis (København, 1995)[More information][Less information]
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A category born and kept in servitude by utilitarianismSørensen, Asger (København, 2003)[More information][Less information]
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A white paperBuch-Kromann, Matthias (København, 2007)[More information][Less information]
Abstract: In this white paper, we review the theoretical evidence about the computational efficiency of dependency parsing and machine translation without the widely used, but linguistically questionable assumptions about projectivity and edge-factoring. On the basis of the heuristic local optimality parser proposed by (Buch-Kromann, 2006), we propose a common architecture for monolingual parsing, parallel parsing, and translation that does not make these assumptions. Finally, we describe the elementary repair operations in the model, and argue that the model is potentially interesting as a model of human translation. URI: http://hdl.handle.net/10398/6846 Files in this item: 1
2007-1.pdf (355.9Kb) -
Wihlborg, Clas; Angkinand, Apanard (København, 2005)[More information][Less information]
Abstract: The ambiguity in existing empirical work with respect to effects of deposit insurance schemes on banks’ risk-taking can be resolved if it is recognized that absence of deposit insurance is rarely credible and that the credibility of non-insurance can be enhanced by explicit deposit insurance schemes. We show that under reasonable conditions for effects on risk-taking of creditor protection in banking, and for effects on credibility of non-insurance of explicit coverage of deposit insurance schemes, there exists a partial level of coverage that maximizes market discipline and minimizes moral hazard incentives for risk-taking in banking. Using both the occurrence of banking crises and non-performing loans in the banking sector as proxies for excessive risk-taking the results strongly support this hypothesis in industrial and emerging market economies. Policy recommendations on the country level require analyses of institutional factors affecting the credibility of non-insurance. In particular, the implementation of effective distress resolution procedures for banks would allow governments to reduce explicit deposit insurance coverage and, thereby, to strengthen market discipline. JEL Classification: G21; G28; F43 Keywords: Deposit Insurance; Banking Crisis; Insolvency Procedures, Market Discipline URI: http://hdl.handle.net/10398/6808 Files in this item: 1
wplefic102005.pdf (642.4Kb) -
Lando, Henrik (København, 2006)[More information][Less information]
Abstract: This article derives key variables in the analysis of standards of proof in criminal law from basic conditional probabilities. The variables derived are the probability of correct and wrongful conviction, the expected sanction and society's incarceration costs, while the basic conditional probabilities are the probability of observing (any given) evidence against individual i given that individual j committed the crime (for any j including j equal to i). The variables are derived from the conditional probabilities as a function of the standard of the proof using simple Bayesian updating. URI: http://hdl.handle.net/10398/7225 Files in this item: 1
ssrn-id874907.pdf (143.3Kb) -
A global perspective on ICT and illiteracyNielsen, Janni (København, 2005)[More information][Less information]
Abstract: The process of globalization is opening new windows for Danish initiatives. The requirement for innovation and development of new areas as a consequence of the globalization will lead to radical changes and the IT businesses need to take active part in the development. But in order to understand and explain the globalization process we also have to understand the limitations. One such limitation is found in the global digitalization of information- and communication processes. This global development requires, from the world citizens, literacy in use of computers. The majority of the world populations are illiterates, they are not only technical illiterates but also illiterates in the traditional sense: they cannot read and write, however, the global ICT development largely disregards the problem with illiteracy and cultural differences. It seems that a future area of growth for the Danish IT business with their specific competencies may be to strengthen the user oriented and interdisciplinary approaches to design and development of ICT applications - targeted to specific cultural groups and the illiterates - in developing countries and also to large groups of immigrants in the developed world. India is an example of the global structural changes. India has developed an impressive ICT industry and has a very high level of expertise in software engineering. India’s government has a vision for e-democracy and have implemented e-government systems, which also address the rural populations. But the Indian population is very large and the potential users are highly diverse groups of which many are illiterate. Denmark has an IT industry that supplements India’s, e.g. a strong expertise in e-government, and ICT for the agriculture. Denmark has a long tradition for cooperation between IT developers, researchers and users and is strong in interdisciplinary approaches to development and design of ICT applications. Denmark also has a tradition for a human centred design, and usability is seen as a competitive factor. In India usability is on the agenda in only few IT companies, and it is also new to the academic world (Pradeep Y. 2004). Copenhagen Business School, department of Informatics has for the last 18 months been involved in the establishment of a Euro-India Centre. The departments research group on human-computer interaction(HCI) has prioritized HCI work in the Asian world for the last 4 years (Clemmensen 2004, Nielsen Janni 2004, Nielsen, Clemmensen and Yssing 2002, Levinsen, K. 2002, Nielsen, Lene and Gregers Koch 2003). The wish for a collaborative network has come about as a result of meetings and discussions between researchers from especially India and Denmark and also from Great Britain and Sweden. The first Indian conference on HCI in December 2004 and the initiative from CBS, department of Informatics in May 2005 where an Indian – European workshop was held, created the basis for this network application. URI: http://hdl.handle.net/10398/6464 Files in this item: 1
11_2005.pdf (358.2Kb) -
Petersen, Christian; Plenborg, Thomas (København, 2007)[More information][Less information]
Abstract: Bonus plans have become a popular tool for compensating managers and employees. While other accounting studies on bonus plans typically focus on earnings management, for example by examining the association between cash bonuses and stock returns or the incentive for management to manage earnings, our study discusses specific issues that are relevant in designing and understanding bonus plans based on financial performance measures. Bonus contracts should be designed so they align the interest of management and owners. In practice, this is far more difficult than it sounds. We discuss issues that require special attention in preparing bonus contracts: Choice of performance measure(s), accounting issues, link between performance and bonus, and bonus threshold. Our study should be of interest to managers, compensation committees, investors and others interested in bonus plans. A proper bonus plan is essential to ascertain that management compensation is closely linked to management’s ability to create value. URI: http://hdl.handle.net/10398/6740 Files in this item: 1
wp_2007-05.pdf (99.26Kb) -
A Literature Study and A Preliminary ModelBøge Sørensen, Lars (København, 2004)[More information][Less information]
Abstract: Keywords Supply Chain Management, Supply Chain Design, Literature study Abstract Argues stability is a design objective for supply chain design alongside cost, lead time and responsiveness. Performs an extensive literature study on supply chain design, identifies methods, theories and objectives in the existing literature. Describes the concept external specificity and how it’s used to design supply chains. Using the concept upstream, archetypes of risk minimal and maximal design are identified. Downstream the concept describes two viable scenarios, one minimizing the impact, the other minimizing the probability of (intended) departure of a supply chain partner. Finally, principles for supply chain design are described and managerial outlined. URI: http://hdl.handle.net/10398/6298 Files in this item: 1
wp2004-01.pdf (18.41Mb) -
et design perspektiv på repræsentationer af mennesket i Informationsteknologiens metoder og teknikkerNielsen, Janni; Ørngreen, Rikke; Levinsen, Karin; Yssing, Carsten; Clemmensen, Torkil; Nielsen, Lene (København, 2004)[More information][Less information]