Browsing Research documents by Title
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Linking Risk Management Practices and Strategies to PerformanceWieland, Andreas; Wallenburg, Carl Marcus (, 2012)[More information][Less information]
Abstract: Purpose: The effects of supply chain risk management (SCRM) on the performance of a supply chain remain unexplored. It is assumed that SCRM helps supply chains to cope with vulnerabilities both proactively by supporting robustness and reactively by supporting agility. Both dimensions are assumed to have an influence on supply chain performance and on business performance. This research is aimed at providing clarity by empirically testing these hypotheses and scrutinizing the findings by the means of case studies. Design/methodology/approach: The research is empirical. Survey data was collected from 270 manufacturing companies for hypotheses testing via structural equation modeling. Additionally, qualitative data was collected to explore the nature of non-hypothesized findings. Findings: It is found that SCRM is important for agility and robustness of a company. Both agility and robustness show to be important in improving performance. While agility has a strong positive effect only on supply chain performance, but not directly on business performance, robustness has a strong positive effect on both performance dimensions. This important finding directs the strategic attention from agility-centered supply chains to ones that are both robust and agile. The case studies provide insights to the fact that robustness can be considered a basic prerequisite to deal with supplier-side risks, while agility is necessary to deal with customer-side risks. The amount of agility and robustness needs to fit to the competitive strategy. Practical implications: Since volatility has increasingly become a prevalent state of supply chains, companies need to consider robustness to be of primary importance to withstand everyday risks and exceptions. Originality/value: This is the first study to view the relationship between SCRM, agility/robustness, and performance. URI: http://hdl.handle.net/10398/9016 Files in this item: 1
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Holt, John; Purcell, William R.; Gray, Sidney J.; Pedersen, Torben (København, 2002)[More information][Less information]
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Stenheim, Tonny (Frederiksberg, 2012)[More information][Less information]
Abstract: The dissertation investigates the decision usefulness of goodwill-accounting numbers. Theory and methodology from value relevance, earnings-management and corporate-governance literature are employed in order to investigate the decision usefulness. The dissertation compares the value relevance of goodwill reported under the impairment-only method (current IFRS) with the value relevance of goodwill reported under alternative accounting methods. It also investigates the extent to which goodwill-impairment losses under IFRS are associated with variables for economic impairment and/or earnings-management incentives. And finally, it investigates whether an estimate of misrepresentation of economic impairment in goodwill is associated with earnings-management incentives and/or corporate-governance mechanisms. The results suggest that the impairment-only method provides accounting numbers that more faithfully depict economic fundamentals as reflected in stock prices. The results also suggest that reported goodwill-impairment losses are not strongly affected by earnings-management incentives. Still, misrepresentation of economic impairment in goodwill does not seem to be constrained by corporate-governance mechanisms. In overall, these findings support the recently implemented impairment-only method under current IFRS URI: http://hdl.handle.net/10398/8398 Files in this item: 1
Tonny_Stenheim_2ed.pdf (2.371Mb) -
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) -
Why Business Schools May Not Walk Their TalkRasche, Andreas; Gilbert, Dirk Ulrich (New York, 2014)[More information][Less information]
Abstract: Business schools increasingly aim to embed corporate responsibility, sustainability, and ethics into their curricular and extracurricular activities. This paper examines under what conditions business schools may decouple the structural effects of their engagement in responsible management education from organizational practices. We argue that schools may be unable to match rising institutional pressures to publicly commit to responsible management education with their internal capacity for change. Our analysis proposes that decoupling is likely if schools (1) are exposed to resource stringency, (2) face overt or covert resistance against change processes, (3) are confronted with competing institutional pressures, and (4) perceive institutional demands as ambiguous. The discussion points to two implications. While decoupling may give rise to the illusion that responsible management education is progressing, it is also possible that an inconsistency between talk and action can help schools to articulate ambitions for responsible management education, which, over time, inspire recoupling effects. URI: http://hdl.handle.net/10398/8955 Files in this item: 1
Andreas Rasche.pdf (258.2Kb) -
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) -
Et studie af, hvordan ledere i praksis anvender strategiObed Madsen, Søren (Frederiksberg, 2011)[More information][Less information]
Abstract: Selvom strategien i teorien burde sikre, at organisationen går i samme retning ved at vise den fælles vej for organisationen, medvirker strategien i praksis til at øge antallet af mulige veje, da lederne oversætter strategien ud fra deres egen kontekst. Derved øges antallet af strategier i organisationen, og et samlet overblik over sammenspillet og relationerne mellem strategierne vanskeliggøres. Ledere skelner mellem de forskellige dele af strategien som fx det abstrakte som ordlyden eller intentionen, og det konkrete som måltal og projekter. Lederne anvender de forskellige dele af strategien i forskellige sammenhænge, men taler stadigvæk om ”strategien” selv om de har skiftet dimension som fx mellem ordlyd og KPI’er. En anden dimension er, at lederne også kan opfatte strategien som rigtig, men irrelevant, hvilket hænger sammen med deres skelnen mellem det abstrakte og det konkrete i strategien. Den abstrakte dimension opfattes som værende rigtigt, mens strategien rent konkret kan være irrelevant for visse ledere. Strategien anvendes også som dokumentation for den øverste ledelses intentioner. Derved kan andre aktører få indblik i topledelsens tankegang, foretage modtræk, øve sig på at yde modstand på en elegant måde eller blot forberede sig på at argumentere for sin sag inden for den logik som strategien repræsenterer. URI: http://hdl.handle.net/10398/8583 Files in this item: 1
Obed_Madsen_2011.pdf (148.8Kb) -
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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Social innovation i en forretningsmæssig kontekstSønderskov, Thomas Stengade (Frederiksberg, 2011)[More information][Less information]
Abstract: Hvilken funktion og rolle har ledelse for CSI? Med afsæt i ovenstående forskningsspørgsmål rapporterer denne afhandling fra et 3-årigt aktionsforskningsprojekt med et forandringsintenderende sigte inden for forskningsfeltet social innovation. Afhandlingen placerer sig i forlængelse af ovenstående interesse og udfolder social innovation i relation til ledelse i en forretningsmæssig kontekst – et forskningsområde, der internationalt også kaldes Corporate Social Innovation (CSI),(Kanter 1999, Jupp 2002). URI: http://hdl.handle.net/10398/8329 Files in this item: 1
Thomas Stengade Sønderskov.pdf (3.748Mb) -
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) -
Co-existence of institutional logics in the recorded music industrySigurdardottir, Margrét Sigrún (Frederiksberg, 2010)[More information][Less information]
Abstract: The concept of institutional logics, notably a choice between multiple logics, has been offered as a foundation to theoretically explain heterogeneity of organisation. The thesis focuses on how this heterogeneity of organisation is possible through a study of how decision makers deal with conflicting yet coexisting logics in their every day work. The field chosen for the empirical study is the recorded music industry, where two opposing logics, the artistic and the commercial, necessarily co‐exist. Through semi‐structured interviews, decision makers in the recorded music industry in the UK were asked about their work processes. Their descriptions revealed two very different ways of acting based on either the artistic logic or the commercial logic. The study further shows that even if there were some attempts to take both logics into account, all the respondents emphasised one logic over the other, but not the same logic, leading to the established major/independent duality in the structure of the field. URI: http://hdl.handle.net/10398/7992 Files in this item: 1
Margrét_Sigrún_Sigurdardottir.pdf (4.133Mb) -
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)