Results 161 to 170 of about 1,472 (218)

Managing agency business groups, elite directors, and the rubber boom, 1897–1913

open access: yesThe Economic History Review, EarlyView.
Abstract We identify a new organizational form, the Managing Agency Business Group (MABG), demonstrating how agency houses used interlocking directorships to build groups on the basis of commercial and plantation expertise to access finance on London stock markets and local capital markets in the pre‐1914 rubber boom.
David Higgins, Steven Toms
wiley   +1 more source

Digital transformation and business model innovation in legal services: The case of LegalTech

open access: yesEuropean Management Review, EarlyView.
Abstract This article examines how digital transformation drives business model innovation within professional service firms, using legal services as an illustrative case. LegalTech, positioned at the intersection of law and digital technologies, represents a sector‐specific expression of digital transformation that operates simultaneously as a ...
Galina Kondrateva, Rachid Rhattat
wiley   +1 more source

Do Banks Learn From Natural Disasters? Evidence From the U.S. Financial Sector

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT This paper examines whether U.S. banks learn from natural disasters. We explore several potential channels of adjustment and find that exposed banks primarily respond by adopting precautionary capital measures. This behaviour is evident both in the long run, when assessing divergent trends in the evolution of equity over time, and in the short
Dennis Dreusch   +2 more
wiley   +1 more source

Lender‐Affiliated Analysts and Syndicated Loans

open access: yesFinancial Management, EarlyView.
ABSTRACT Loans to borrowers covered by affiliated analysts have lower spreads. This effect is driven mostly by affiliated analysts sharing information with, rather than demanding information from, lending arms. Exploiting plausibly exogenous changes in brokerage affiliations, we find that the results are likely to be causal.
Yongqiang Chu, Tao Ma, Cong (Roman) Wang
wiley   +1 more source

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