Matches in SemOpenAlex for { <https://semopenalex.org/work/W1556521344> ?p ?o ?g. }
Showing items 1 to 97 of
97
with 100 items per page.
- W1556521344 abstract "Equity ties between businesses change the division of the firms' joint profits, thereby affecting incentives for relation-specific investments and other strategic actions. Depending on which side owns the equity and how readily the equity can be resold, we find that the changed incentives can resolve all four types of holdup-related problems: underinvestment, overinvestment, undercooperation, and sabotage. Equity stakes indirectly affect bargaining over the joint profits by making the bargaining positions of the firms dependent on each other. For instance, if one firm is made unprofitable by a breakdown in negotiations, the other firm loses as well. Since bargaining positions are linked, each firm benefits less from attempts to grab a larger share of the joint profits by strengthening its relative bargaining position, and benefits more from actions that increase joint profits. While both firms can gain from increased efficiency due to the equity stake, firms in many cases should only acquire an equity stake if they can bargain for a discounted price." @default.
- W1556521344 created "2016-06-24" @default.
- W1556521344 creator A5043459542 @default.
- W1556521344 date "2002-01-01" @default.
- W1556521344 modified "2023-09-24" @default.
- W1556521344 title "Equity Stakes and Hold-up Problems" @default.
- W1556521344 cites W1531758582 @default.
- W1556521344 cites W1579530779 @default.
- W1556521344 cites W1593112609 @default.
- W1556521344 cites W1988419858 @default.
- W1556521344 cites W1992455235 @default.
- W1556521344 cites W2016995324 @default.
- W1556521344 cites W2042413420 @default.
- W1556521344 cites W2043593255 @default.
- W1556521344 cites W2059248433 @default.
- W1556521344 cites W2063694159 @default.
- W1556521344 cites W2066189293 @default.
- W1556521344 cites W2068417597 @default.
- W1556521344 cites W2070639717 @default.
- W1556521344 cites W2093502187 @default.
- W1556521344 cites W2117455041 @default.
- W1556521344 cites W2149134340 @default.
- W1556521344 cites W2158286950 @default.
- W1556521344 cites W2161792108 @default.
- W1556521344 cites W2165574219 @default.
- W1556521344 cites W2166159795 @default.
- W1556521344 cites W3122410710 @default.
- W1556521344 cites W3123017856 @default.
- W1556521344 cites W3125390169 @default.
- W1556521344 cites W1532610919 @default.
- W1556521344 doi "https://doi.org/10.2139/ssrn.303208" @default.
- W1556521344 hasPublicationYear "2002" @default.
- W1556521344 type Work @default.
- W1556521344 sameAs 1556521344 @default.
- W1556521344 citedByCount "7" @default.
- W1556521344 countsByYear W15565213442022 @default.
- W1556521344 crossrefType "journal-article" @default.
- W1556521344 hasAuthorship W1556521344A5043459542 @default.
- W1556521344 hasBestOaLocation W15565213442 @default.
- W1556521344 hasConcept C10138342 @default.
- W1556521344 hasConcept C143801662 @default.
- W1556521344 hasConcept C144133560 @default.
- W1556521344 hasConcept C149866677 @default.
- W1556521344 hasConcept C162324750 @default.
- W1556521344 hasConcept C175444787 @default.
- W1556521344 hasConcept C17744445 @default.
- W1556521344 hasConcept C198082294 @default.
- W1556521344 hasConcept C199539241 @default.
- W1556521344 hasConcept C199728807 @default.
- W1556521344 hasConcept C199776023 @default.
- W1556521344 hasConcept C202093079 @default.
- W1556521344 hasConcept C29122968 @default.
- W1556521344 hasConcept C556758197 @default.
- W1556521344 hasConcept C71110296 @default.
- W1556521344 hasConceptScore W1556521344C10138342 @default.
- W1556521344 hasConceptScore W1556521344C143801662 @default.
- W1556521344 hasConceptScore W1556521344C144133560 @default.
- W1556521344 hasConceptScore W1556521344C149866677 @default.
- W1556521344 hasConceptScore W1556521344C162324750 @default.
- W1556521344 hasConceptScore W1556521344C175444787 @default.
- W1556521344 hasConceptScore W1556521344C17744445 @default.
- W1556521344 hasConceptScore W1556521344C198082294 @default.
- W1556521344 hasConceptScore W1556521344C199539241 @default.
- W1556521344 hasConceptScore W1556521344C199728807 @default.
- W1556521344 hasConceptScore W1556521344C199776023 @default.
- W1556521344 hasConceptScore W1556521344C202093079 @default.
- W1556521344 hasConceptScore W1556521344C29122968 @default.
- W1556521344 hasConceptScore W1556521344C556758197 @default.
- W1556521344 hasConceptScore W1556521344C71110296 @default.
- W1556521344 hasLocation W15565213441 @default.
- W1556521344 hasLocation W15565213442 @default.
- W1556521344 hasOpenAccess W1556521344 @default.
- W1556521344 hasPrimaryLocation W15565213441 @default.
- W1556521344 hasRelatedWork W1481107478 @default.
- W1556521344 hasRelatedWork W1483197162 @default.
- W1556521344 hasRelatedWork W1488978783 @default.
- W1556521344 hasRelatedWork W1494813433 @default.
- W1556521344 hasRelatedWork W1968563177 @default.
- W1556521344 hasRelatedWork W2017433175 @default.
- W1556521344 hasRelatedWork W2028809541 @default.
- W1556521344 hasRelatedWork W2114145905 @default.
- W1556521344 hasRelatedWork W2115242291 @default.
- W1556521344 hasRelatedWork W2115641421 @default.
- W1556521344 hasRelatedWork W2166159795 @default.
- W1556521344 hasRelatedWork W2344110433 @default.
- W1556521344 hasRelatedWork W2351092536 @default.
- W1556521344 hasRelatedWork W2899512038 @default.
- W1556521344 hasRelatedWork W3124671316 @default.
- W1556521344 hasRelatedWork W3124755902 @default.
- W1556521344 hasRelatedWork W3140860005 @default.
- W1556521344 hasRelatedWork W583153873 @default.
- W1556521344 hasRelatedWork W640847585 @default.
- W1556521344 hasRelatedWork W128383474 @default.
- W1556521344 isParatext "false" @default.
- W1556521344 isRetracted "false" @default.
- W1556521344 magId "1556521344" @default.
- W1556521344 workType "article" @default.