Research documents Titler
-
How Material Practices and their Symbolic and Physical Meanings Form a Colonising LogicLauesen, Linne Marie (Frederiksberg, 2014)[Flere oplysninger][Færre oplysninger]
Resume: This PhD thesis is the outcome of three-year doctoral study of corporate social responsibility (CSR) and stakeholder engagement in the water sector. This study contributes to new knowledge about water companies formed as hybrid organisations in the aftermath of the new public management (NPM) era worldwide. Today we see different hybrid organisations of water companies around the world that have either been fully privatised or quasi-privatised. Quasiprivatisation in Denmark means that water utilities are still perceived as natural monopolies, which has not made them into for-profit driven companies. Instead a simulated market and state regulation has been introduces with annual, national benchmarking to set a price cap as an upper limit for the consumer-price of water. Similar systems are seen in fully privatised water companies in the United Kingdom, the United States, and partially in South Africa. However, here the water companies are typically owned by private companies and not established as municipalityowned limited liabilities1 as in Denmark and elsewhere in Scandinavia. This PhD thesis proposes new models and principles and corporate social responsibility and stakeholder engagement of these water companies. The findings of the study suggest a new definition of a colonising logic of CSR competing and coexisting with the regulators’ colonising logic of NPM. Through the study and definition of these logics as colonising the water sector this PhD theisis provides an understand of new perspectives of how CSR is enacted through stakeholder engagement and how the logic of CSR frames the top managers’ claim: ”We are CSR!” (Interview B, March 2011) and the consequences of this logic. Both the logic of CSR and the logic of NPM is found to be based on the materials that the water companies are organised around, namely water. Water is perceived as a natural good that should ideally be free and plentiful for all citizens around the world. However, the competition between the two colonising logics stems from another material, namely the money or price that providing clean and pure water for all are allowed to cost the citizens. Through the dialectical interaction of these in terms of material practices between producing water and infrastructure to distribute it and collecting money as a payment for it and the regulation of this, this PhD thesis proposes a new definition of the role of materials and material practices underlying several institutional logics such as the institutional logic of capitalism, state, democracy, family, religion/science, profession, and corporation (Friedland & Alford, 1991; Thornton et al., 2012; Friedland, 2013). URI: http://hdl.handle.net/10398/8896 Filer i denne post: 1
Linne_Marie_Lauesen.pdf (8.076Mb) -
Recognition and Discovery of Investment OpportunitiesVintergaard, Christian (København, 2004)[Flere oplysninger][Færre oplysninger]
Resume: From the perspective of Austrian economics, this paper develops a conceptual understanding of how corporate venture managers recognize and discover opportunities in a network environment. In an effort to create a better understanding of who is involved in process, this paper reports on the development path of an entrepreneurial opportunity of the Danish corporate venture capitalist, Danfoss A/S. This paper distinguishes itself from previous research done on entrepreneurial opportunities by creating a holistic and conceptual framework, which broadens and expands the perception of the market participants involved in recognition and discovery. Consequently the paper offers insight to a diversified group of actors who mix and match technological and market capabilities in a constant process of recognition and discovery. Key words: Corporate venturing, entrepreneurship, discovery, networks, opportunities, recognition. URI: http://hdl.handle.net/10398/6397 Filer i denne post: 1
wp 3 2004.pdf (326.5Kb) -
Lange, Nina (Frederiksberg, 2017)[Flere oplysninger][Færre oplysninger]
Resume: In this paper, I study the relationship between volatility of crude oil prices and volatility of the EURUSD rate. If there is a common factor in the volatility of crude oil and the volatility of exchange rates, possible explanations could be that the financial crisis caused a volatility spillover between the two markets or that commodity markets, one of the most important being the crude oil market, are strengthening their connection with classic financial markets including exchange rate markets. I use an extensive data set of crude oil futures and options and EURUSD futures and options spanning a period from 2000 to 2012. This data allows me to analyse the marketperceived volatility rather than investigating volatilities in the form of realised returns. A model-free analysis supports the presence of a joint factor in the volatilities since mid-2007. As the two markets are asynchronous in futures and options maturity date, a term structure models allow for a description of the observed volatility surfaces by one or more stochastic volatility processes. A term structure model including one joint volatility factor and two market-specific volatility factors is proposed to capture the joint factor in the volatilities from 2007 onwards. The paper focuses on confirming the existence of a joint factor, but leaves out the explanation of where it comes from. As data only covers until 2012, there is not enough information post-crisis to distinguish whether the joint volatility is a financialization or a crisis effect – or a combination. URI: http://hdl.handle.net/10398/9461 Filer i denne post: 1
Nina Lange.pdf (4.065Mb) -
Vangkilde, Mads (København, 2004)[Flere oplysninger][Færre oplysninger]
URI: http://hdl.handle.net/10398/6654 Filer i denne post: 1
-
Vangkilde, Mads (København, 2004)[Flere oplysninger][Færre oplysninger]
-
An Empirical Analysis of Determinants and Consequences of AsymmetriesHoffmann, Kira (Frederiksberg, 2017)[Flere oplysninger][Færre oplysninger]
Resume: The objective of this dissertation is to investigate determinants and consequences of asymmetric cost behavior. Asymmetric cost behavior arises if the change in costs is different for increases in activity compared to equivalent decreases in activity. In this case, costs are termed “sticky” if the change is less when activity falls than when activity rises, whereas costs are termed “anti-sticky” if the change is more when activity falls than when activity rises. Understanding such cost behavior is especially relevant for decision-makers and financial analysts that rely on accurate cost information to facilitate resource planning and earnings forecasting. As such, this dissertation relates to the topic of firm profitability and the interpretation of cost variability. The dissertation consists of three parts that are written in the form of separate academic papers. The following section briefly summarizes the main research question, methodological design, data, findings and practical implications of each paper. URI: http://hdl.handle.net/10398/9449 Filer i denne post: 1
Kira_Hoffmann.pdf (1.966Mb) -
Marker-Larsen, Svend (København, 2005)[Flere oplysninger][Færre oplysninger]
-
Marker-Larsen, Svend (København, 2005)[Flere oplysninger][Færre oplysninger]
Resume: De i denne fremstilling omtalte problemstillinger blev kun ganske kort præsenteret i min oversigtsartikel om "Cost-Benefit Analysens Velfærdsteoretiske Basis" (2005). Det blev deri præciseret, at identifikationsproblemet drejede sig om: Præcis hvilke effekter, der i det hele taget skal medregnes som samfundsøkonomiske fordele og ulemper, hvis analysen skal være fuldstændig og at vurderingsproblemet så drejede sig om spørgsmålet: Hvilke priser, der skal anvendes i forbindelse med værdisætningen af fordele og ulemper. Endvidere blev der givet en summarisk oversigt over en række situationer, hvor man må kunne bruge de aktuelle eller forventede markedspriser, når fordele og ulemper skal værdisættes. I det følgende gives først en mere udførlig redegørelse for nogle af de helt centrale ræsonnementer vedrørende vurderingsproblemet. Sidenhen fører det forholdsvis logisk frem til, at også identifikationsproblemet i en række væsentlige henseender bliver yderligere belyst. URI: http://hdl.handle.net/10398/7641 Filer i denne post: 1
wp7-2005.pdf (1.579Mb) -
Clemmensen, Torkil; Vendelø, Morten (København, 2004)[Flere oplysninger][Færre oplysninger]
Resume: Abstract: In this paper we present a cost effective and simple procedure for evaluating company web sites. Our assumption is that such sites are places for companies’ self-presentation and that customers are readers of these texts. Web site texts with narrative qualities, e.g. scenes, actors, acts, initiate the customers’ imagination and narrative mind and hence their decision making. These ideas are investigated in a qualitative study of two companies’ self-presentation as future work places for students. The results demonstrate that the students choose the company that has a web site with rich narrative qualities above the company that has a web site with good graphical appearance, but poor narrative qualities. In conclusion, we suggest that user centred evaluation of commercial web sites by using the suggested method can pay attention to deep, narrative structures in both the company’s self-presentation and the customers’ reading of the web site texts. Keywords: Competitive advantage, decision-making, dramas, imagination, narratives, storytelling, web-design. URI: http://hdl.handle.net/10398/6442 Filer i denne post: 1
08-2004.pdf (679.8Kb) -
The Case of the 1998 UAW Strikes against General MotorsTackney, Charles T. (København, 2006)[Flere oplysninger][Færre oplysninger]
Resume: In 1998, a late July settlement of the Flint, Michigan United Auto Workers strikes at General Motors narrowly averted or postponed a labor-management confrontation fully capable of precipitating an economic meltdown with far reaching consequences for our increasingly global economy. This paper uses a comparative legal ecology model of the modern enterprise to gain theoretical and empirical insight into the economic and societal costs of combining Japanese manufacturing techniques with managerial prerogative pursued "the American way." I begin by introducing the comparative legal ecology of the workplace as a theoretical concept to compare and contrast national differences in the modern industrial enterprise. This provides a standard to evaluate the extent to which General Motors had appropriately adapted the Japanese modes of social relations within the firm. The events associated with the Flint strikes evidence the cost of this oversight. The paper concludes by discussing the need to appropriately emulate Japanese modes of social relation when firms seek to successfully adapt their modes of production. URI: http://hdl.handle.net/10398/6988 Filer i denne post: 1
-
Hviid, Morten; Møllgård, Peter (Norwich, 2001)[Flere oplysninger][Færre oplysninger]
-
ePrivacy Directive: Assessment of Transposition, Effectiveness and Compatibility with Proposed Data Protection RegulationSavin, Andrej (Brussels, 2015)[Flere oplysninger][Færre oplysninger]
Resume: The ePrivacy Directive has been implemented in Denmark through a range of legislative instruments, beginning with the Act on Electronic Communications and Services but leading into more important Executive Order on Provision of Electronic Services and the Cookie Order. This structure could be confusing for outsiders as it involves several acts, all of which are concerned not just with one but with several directives. The use of ministerial orders can be explained by the need to introduce flexibility into the fast-changing area, but avoiding a lengthy and complicated full legislative process. URI: http://hdl.handle.net/10398/9239 Filer i denne post: 1
Report Denmark.pdf (1.823Mb) -
What does it mean for business educators?Mazza, Carmelo; Strandgaard Pedersen, Jesper; Alvarez, José Luis (København, 2003)[Flere oplysninger][Færre oplysninger]
Resume: In the last decade, scholarly interest has been mainly attracted on the nature of knowledge, mechanisms of knowledge production and the transformation of the institutions diffusing knowledge. Most of these studies share the underlying hypotheses that management knowledge "travels", as a package, from producers to passive receivers. A few exploratory attempts have envisioned an alternative perspective based on the idea of "knowledge consumption". Managers are active receivers of institutionalized knowledge in the course of enacting their organizational roles. Building on this last perspective, first we try to outline the process of knowledge consumption. We describe how sources of knowledge are selected, knowledge is acquired and consumed by assuming that managers are active consumer of management knowledge. Then, we construct the process linking the flows of management knowledge in organizations and the flows of action performed by managers. We sustain that knowledge has to be first dis-embed from the context and artifacts it is in to be translated into a portable form—a standardized artifact, a logic of action, etc. Then, specific courses of action are required to re-embed knowledge in new artifacts, practices or routines (e.g. a budgetary procedure, an organizational process, etc.). So, to re-embed knowledge in new contexts, managers have to mobilize resources and build consensus on the specific courses of action. By assuming this process, two consequences are derived: first, the dis-embedding/re-embedding process is not the outcome of conscious planning; it goes back and forth, allows for controversial or "hypocritical" moves, at least in the short run. In any case, once management knowledge is translated into logics of action, managers have to use their imaginative power to share these logics to mobilize constituencies on priorities and undertake specific courses of actions This supports the idea that the managerial role is intrinsically political. Second, management education cannot simply deals with managerial recipes and rules of thumb. It is increasingly asked for providing non-technical knowledge to help managers exert their political role. To mobilize constituencies and create consensus on controversial decisions, technicalities could be less relevant than business-unrelated knowledge. We hold that has a relevant impact on both the institutional settings and the content of management education. The paper is structured in three parts. First, a framework is proposed to describe management knowledge consumption. Second, we outline the process linking consumed knowledge with actual managerial action. Third, the impact of this perspective on the structure of the institutions diffusing knowledge and on the idea of what is needed to make managerial decisions are explored. URI: http://hdl.handle.net/10398/6671 Filer i denne post: 1
dokument 14.pdf (287.5Kb) -
Stenvinkel Nilsson, Ole; Møller Nielsen, Michael (Frederiksberg, 2012)[Flere oplysninger][Færre oplysninger]
Resume: The study analyzes statistically how course performance is influenced by study activity and individual background factors. Some students attend external exam training courses, and it is analyzed how participation in such courses influences grading. The analysis shows some unexpected results, which may serve as student recommendations in terms of choosing personal learning strategy, depending on one’s individual background. Not surprisingly, strong entrance qualifications and class participation and preparation have a strong positive effect on grading performance. More surprisingly, student satisfaction with course and teacher has no significant influence on grades, and participation in exam training courses seems to have a directly negative impact on exam performance. URI: http://hdl.handle.net/10398/8518 Filer i denne post: 1
Stenvinkel_Nilsson_2012_2.pdf (226.6Kb) -
Essays on Turnover, Entrepreneurship and Location Choice in the Danish Maritime IndustryIsakson, Christine D. (Frederiksberg, 2013)[Flere oplysninger][Færre oplysninger]
Resume: It is critically important to understand the connection between social interaction and individual economic choice (Granovetter 2005). This thesis asks the overall question; How do social relations, specifically coworkers, in the organizational context, influence individual economic choice? The three economic outcomes being examined are turnover, entrepreneurship (the choice to start a business or firm) and location choice (the choice of where to live). These three economic choices are linked to social relations in the organizational context by examining different facets of coworker or peer influence. Common to all papers are mechanisms pertaining to communication, knowledge transfer and coworker influence. URI: http://hdl.handle.net/10398/8654 Filer i denne post: 1
Christine_Isakson_NEW.pdf (1.634Mb) -
Complementarities, Common Change Initiatives, and The Team-Based OrganizationZenger, Todd R. (København, 2002)[Flere oplysninger][Færre oplysninger]
Resume: Hybrid governance forms that seek to meld the virtues of both market control and traditional hierarchical control are alluring. While extensive research has examined such hybrids forms, the research has been restricted largely to external hybrids --- market exchanges infused with elements of hierarchical control. Comparatively little research, outside of the M-form literature, has examined internal hybrids --- hierarchical forms infused with elements of market control. This paper contends that common change initiatives, such as TQM, reengineering, autonomous work teams, and group-based rewards, are appropriately viewed as attempts to craft internal hybrids by selectively infusing elements of market control within hierarchy. However, these common change initiatives are implemented commonly in isolation and, as a consequence, violate patterns of complementarity that both sustain traditional hierarchy or support the stable infusion of market control. Managers overlay new measures on existing, functionally-oriented structures; they implement new structures without new performance measures and without new pay systems; they implement new pay systems, but fail to restructure or develop new performance measures. The paper argues that these violations of complementarity often trigger the unraveling of the bundle of elements that support traditional hierarchy and spiral hierarchies toward fundamental transformation. The clear trajectory of these transformations is toward quite radically, disaggregated organizations structured around teams. The paper presents both logic and evidence supporting the existence of complementarities among these common change initiatives. URI: http://hdl.handle.net/10398/6933 Filer i denne post: 1
linkwo2-06.pdf (129.8Kb) -
[Flere oplysninger][Færre oplysninger]
Resume: To edit is to make a choice, or series of choices. Will I write a rough draft of this essay in longhand, or hammer it out on my computer? If the latter, what font shall I use? Times New Roman, Book Antiqua, or Garamond? Once I get started, what style shall I adopt: realistic, confessional or impressionistic; or a combination of all three (Van Maanen 1988)? Should I try to impress with ‘learned scholarship’, or should I merely outline in conversational English a few thoughts based on my own experiences?... URI: http://hdl.handle.net/10398/8337 Filer i denne post: 1
61 - BM The craft of editing (2).pdf (156.8Kb) -
On the Dynamics of Competitive ScreeningLund, Diderik; Nilssen, Tore (København, 2003)[Flere oplysninger][Færre oplysninger]
Resume: Abstract We discuss the existence of a pooling equilibrium in a two-period model of an insurance market with asymmetric information. We solve the model numerically. We pay particular attention to the reasons for non-existence in cases where no pooling equilibrium exists. In addition to the phenom- enon of cream skimming emphasized in earlier literature, we here point to the the importance of the opposite: dregs skimming, whereby high-risk consumers are proÞtably detracted from the candidate pooling contract. URI: http://hdl.handle.net/10398/7596 Filer i denne post: 1
wpec012003.pdf (380.8Kb) -
The Role of Governance ChoiceLage Hansen, Jakob (København, 2002)[Flere oplysninger][Færre oplysninger]
Resume: The paper provides a general framework for examining how governance choice affects competitive advantage. I argue that firms rely on assets for competing, and that these assets can be accessed by different governance structures (i.e., they can be in- or outsourced). The transaction cost economics framework is used to expose strengths and weaknesses of governance structures with respect to creating and sustaining competitive advantage. The result is a tradeoff to consider when choosing how to access an asset. A number of implications are forwarded, and the usefulness of the framework is demonstrated by means of an application to the famous General Motors - Fisher Body case. This points to the potential of using transaction cost economics in the analysis of competitive strategy, as well as to the shortcomings of the existing transaction cost economics framework in explaining governance choice. The framework also represents a way to integrate transaction cost economics with the resource-based view and industrial organization. 1 URI: http://hdl.handle.net/10398/8133 Filer i denne post: 1
x656406215.pdf (165.1Kb) -
a property rights-based view of competitive strategyFoss, Kirsten; Foss, Nicolai Juul (København, 2002)[Flere oplysninger][Færre oplysninger]