capital structuremarket shareCournot competitionBertrand competitionThis paper examines the interaction between a firm's capital structure and its market share. Theory predicts that this relation depends on the type of strategicdoi:10.2139/ssrn.1101359Abe De Jong...
Overall, the fixed effects and GMM estimates detect a linear and inverse relationship between the intensity of competition and leverage ratio, which supports the predation theory. 展开 关键词: capital structure product market competition chinese firms endogeneity system-GMM ...
aspect for the male to consider. When it comes to strategic ejaculation, as detailed in a meta-analysis by Kelly and Jennions65, other factors may also play a role, such as the number of rivals or the mating condition of the female. Wedell and Cook66showed that the small whitePieris rap...
These findings provide a consistent framework with which to explain many stylized facts in franchising, such as the time-invariance of a uniform royalty rate, the stability of a mixed organizational structure, and the coexistence of head-on competition and diversification of chains of different sizes...
This paper investigates the extent to which the linkages between bank performance and governance structure affect deposits market competition and risk taking incentives when commercial banks compete with organizations with objectives different from profit maximization. These organizations include savings banks wh...
Based on this notion, our paper investigates the interplay between the market structure and the level of firms’ social concern. We find a mutual impact: On the one hand, higher market concentration leads to higher levels of CSR. On the other hand, the strategic use of CSR increases market...
competition affects resource prices, the evolution of the market structure over time, and the respective profits of the monopolist and the competitive producers are discussed. Next, dependence on imported nonrenewable resources and the strategic powers unfolding in such resource relationships are discussed...
Specifically, we argue that any future bank regulation will be more effective by taking into account the banking market structure and the significantly negative effect of securitization on bank screening and monitoring. A rededication of focus to these two factors would see the targeted objectives of...
The focus of this study is on the relationship between market structure and the propensity to engage in various forms of price discrimination. To control for the possibility that the decision to price discriminate depends on the size of demand for a mailing list instead of the number of competit...
Carriers decide simultaneously and independently between two strategies: either to adopt a FC or a HS network structure. Denoting π(x,y) an airline’s profit where the first element between parentheses gives the own-network strategy and the second element indicates the rival’s The social ...