The Experts below are selected from a list of 360 Experts worldwide ranked by ideXlab platform
Jing Shi - One of the best experts on this subject based on the ideXlab platform.
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which matters paying to play or stable Business Relationship evidence on analyst recommendation and mutual fund commission fee payment
Pacific-basin Finance Journal, 2016Co-Authors: Haozhi Huang, Jing ShiAbstract:Abstract This paper investigates the factors that affect the likelihood of maintaining a stable Relationship between a brokerage firm and its client funds and the effect of such a stable Business Relationship on analyst recommendations. We find that young funds, particularly those in small fund families, have more incentives to maintain Business ties with their current brokerage firms. A common ownership affiliation between a fund and a brokerage firm or with a third institution further enhances the probability that the brokerage firm and the funds will maintain a stable Relationship. More importantly, analysts issue more optimistic recommendations on stocks that are held by their brokerage firms stably related funds (SRFs) than on stocks that are held by other funds. The effect is more pronounced after excluding large firms. The results are robust after controlling for underwriting relation, commission fees, funds' shareholding and other factors.
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which matters paying to play or stable Business Relationship evidence on analyst recommendation and mutual fund commission fee payment
Social Science Research Network, 2015Co-Authors: Haozhi Huang, Jing ShiAbstract:This paper investigates the effect of stable Business Relationships between brokerage firms and mutual funds on analyst recommendations. Although the amount of commission fees a brokerage firm receives is the primary factor affecting recommendation aggressiveness of the brokerage firm’s analysts, we find that analysts also issue more optimistic recommendations on stocks that are held by their brokerage firms’ stably related funds (SRFs) than on stocks that are held by other funds. The effect is robust after controlling for commission fees, funds’ shareholding and other factors. In addition, commission fees, fund size, and brokerage firms’ resources are primary factors affecting the likelihood of maintaining a stable Relationship between a brokerage firm and its client funds. Young funds, and especially those in small fund families, have more incentives to keep Business ties with their current brokerage firms. A common ownership affiliation with a third institute further enhances the chance for the brokerage firm and the funds keep a stable Relationship.
Haozhi Huang - One of the best experts on this subject based on the ideXlab platform.
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which matters paying to play or stable Business Relationship evidence on analyst recommendation and mutual fund commission fee payment
Pacific-basin Finance Journal, 2016Co-Authors: Haozhi Huang, Jing ShiAbstract:Abstract This paper investigates the factors that affect the likelihood of maintaining a stable Relationship between a brokerage firm and its client funds and the effect of such a stable Business Relationship on analyst recommendations. We find that young funds, particularly those in small fund families, have more incentives to maintain Business ties with their current brokerage firms. A common ownership affiliation between a fund and a brokerage firm or with a third institution further enhances the probability that the brokerage firm and the funds will maintain a stable Relationship. More importantly, analysts issue more optimistic recommendations on stocks that are held by their brokerage firms stably related funds (SRFs) than on stocks that are held by other funds. The effect is more pronounced after excluding large firms. The results are robust after controlling for underwriting relation, commission fees, funds' shareholding and other factors.
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which matters paying to play or stable Business Relationship evidence on analyst recommendation and mutual fund commission fee payment
Social Science Research Network, 2015Co-Authors: Haozhi Huang, Jing ShiAbstract:This paper investigates the effect of stable Business Relationships between brokerage firms and mutual funds on analyst recommendations. Although the amount of commission fees a brokerage firm receives is the primary factor affecting recommendation aggressiveness of the brokerage firm’s analysts, we find that analysts also issue more optimistic recommendations on stocks that are held by their brokerage firms’ stably related funds (SRFs) than on stocks that are held by other funds. The effect is robust after controlling for commission fees, funds’ shareholding and other factors. In addition, commission fees, fund size, and brokerage firms’ resources are primary factors affecting the likelihood of maintaining a stable Relationship between a brokerage firm and its client funds. Young funds, and especially those in small fund families, have more incentives to keep Business ties with their current brokerage firms. A common ownership affiliation with a third institute further enhances the chance for the brokerage firm and the funds keep a stable Relationship.
Jan Johanson - One of the best experts on this subject based on the ideXlab platform.
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Network Knowledge and Business-Relationship Value in the Foreign Market
International Business Review, 2014Co-Authors: Jukka Hohenthal, Jan Johanson, Martin JohansonAbstract:Based on the key assumptions that firms are opportunity seeking and that they gain critical knowledge operating in a network of Relationships, this paper focuses on early expansion in foreign market networks. In particular, the paper examines the relation between experience and Business-Relationship value in a foreign market. While experience and experiential knowledge are central concepts in international Business, little has been written about their effects on the value of Business Relationships. The paper formulates a set of interrelated hypotheses on the effects of international experience, experiential network knowledge and importance of customer and competitor knowledge on the value of Business Relationships in a foreign market. They are combined in a structural model, which is tested on a sample through LISREL. The main conclusion drawn from the study is that experiential network knowledge and knowledge about the importance of customers and competitors in the network influence the value of Business Relationships in a foreign market in different ways.
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network knowledge and Business Relationship value in the foreign market
International Business Review, 2014Co-Authors: Jukka Hohenthal, Jan Johanson, Martin JohansonAbstract:In several studies it has been observed that single Business Relationships can play a critical role in the early international expansion of SME firms (Chetty and Blankenburg Holm, 2000; Child et al., 2002; Ellis, 2000; Hilmersson and Jansson, 2011; Johanson and Vahlne, 2003; Sharma and Blomstermo, 2003). It has also been shown that network constructs can be used fruitfully for understanding and explaining SME internationalisation (Coviello and Munro, 1995; Hadley and Wilson, 2003; Oviatt and McDougall, 2005). Against this background, a purpose of this paper is to study how networks influence Business Relationships in foreign markets.
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Business Relationship learning and commitment in the internationalization process
Journal of International Entrepreneurship, 2003Co-Authors: Jan Johanson, Jan-erik VahlneAbstract:This paper is based on a case study of an international venture and on the observations reported by a number of researchers that the received models of the internationalization process of the firm do not capture some important phenomena in the modern international Business world. As several researchers argue that networks play an important role in the early internationalization the paper outlines a network model of the internationalization process of the firm. It combines the experiential learning–commitment interplay as the driving mechanism from the old internationalization process model with a similar experiential learning–commitment mechanism focusing on Business network Relationships. In the resulting model we can see firms learning in Relationships, which enables them to enter new country markets in which they can develop new Relationships which give them a platform for entering other country markets.
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creating value through mutual commitment to Business network Relationships
Strategic Management Journal, 1999Co-Authors: Desiree Blankenburg Holm, Kent Eriksson, Jan JohansonAbstract:A structural model of Business Relationship development in a Business network context is formulated and tested on delta from the European International Marketing and Purchasing (IMP) project. The e ...
Kent Eriksson - One of the best experts on this subject based on the ideXlab platform.
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mutual commitment and experiential knowledge in mature international Business Relationship
International Business Review, 2002Co-Authors: Sylvie Chetty, Kent ErikssonAbstract:Abstract This paper examines how market knowledge and market commitment are developed in mature supplier/customer Relationships in international markets. It reports the empirical testing of a model of increasing commitment and experiential knowledge development in international Business Relationships. The assumption is that the connected Relationships in a Business network are the basis for forming a Relationship and it will influence how the focal Relationship develops. The model shows the process when a supplier increases his or her knowledge of the Business network that a foreign customer is embedded in and what happens as their Relationship with the customer becomes mature, stable and profitable. In this situation the firm does not invest as much as it did early on in the Relationship but diverts its attention to firms that are more embedded in the local Business network context. The model thus explicates a process of transition as a firm moves from one mature Relationship to create new Relationships as it increases its foreign market involvement.
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creating value through mutual commitment to Business network Relationships
Strategic Management Journal, 1999Co-Authors: Desiree Blankenburg Holm, Kent Eriksson, Jan JohansonAbstract:A structural model of Business Relationship development in a Business network context is formulated and tested on delta from the European International Marketing and Purchasing (IMP) project. The e ...
Elisabeth Iliezudor - One of the best experts on this subject based on the ideXlab platform.
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policy reconciliation for access control in dynamic cross enterprise collaborations
Enterprise Information Systems, 2018Co-Authors: Davy Preuveneers, Wouter Joosen, Elisabeth IliezudorAbstract:ABSTRACTIn dynamic cross-enterprise collaborations, different enterprises form a – possibly temporary – Business Relationship. To integrate their Business processes, enterprises may need to grant each other limited access to their information systems. Authentication and authorization are key to secure information handling. However, access control policies often rely on non-standardized attributes to describe the roles and permissions of their employees which convolutes cross-organizational authorization when Business Relationships evolve quickly. Our framework addresses the managerial overhead of continuous updates to access control policies for enterprise information systems to accommodate disparate attribute usage. By inferring attribute Relationships, our framework facilitates attribute and policy reconciliation, and automatically aligns dynamic entitlements during the evaluation of authorization decisions. We validate our framework with a Industry 4.0 motivating scenario on networked production where ...
