Business and Management Studies

Sharing as Socio-Economic Exchange – An Exploratory Analysis

Type: 
Seminar
Building: 
Nador u. 15
Room: 
101
Date: 
November 30, 2016 - 11:00am to 12:30pm

By 2025, it is estimated that economic sharing, defined as the peer-to-peer based sharing of access to goods and services (often coordinated through community-based processes) will generate a revenue stream of around $335 billion in just five sectors (car sharing, finance, music, staffing/recruitment, travel and video streaming). Growing in part over concerns of negative impacts of urbanization and overpopulation, climate change, income inequality and its potential to increase access to underutilized resources, economic sharing has garnered considerable attention in recent years.

Institutional Arbitrage Drives Internationalization of Emerging Multinational Enterprises

May 26, 2016

Levels of Institutional Arbitrage: Complementarity in Institutional Contexts and Locational Portfolio Switching

Type: 
Seminar
Building: 
Nador u. 9, Monument Building
Room: 
Popper Room
Date: 
May 25, 2016 - 11:00am to 12:30pm

We examine locational portfolio switching as mechanism for institutional arbitrage. Institutional arbitrage involves the optimization of the institutional contexts of firms’ home and possible host countries. Our stylized framework suggests three possible levels of arbitrage: hysteresis (in a stable home country), escape (for a highly unstable home country) and in the middle case when there is some but potentially manageable instability, locational portfolio switching.

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