A regulation and transaction cost perspective on the design of corporate law
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DOI: 10.1007/s10657-019-09620-x
Abstract: For the corporate business model to be successful, it is important to align the interests of those who control and finance the firm. Corporate law has here an important task to fulfill. It offers a… read more here.
Keywords: design corporate; law; transaction; transaction cost ... See more keywords
Model Predictive Control for Optimal Pairs Trading Portfolio with Gross Exposure and Transaction Cost Constraints
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DOI: 10.1007/s10690-017-9236-z
Abstract: Model predictive control (MPC) is a flexible yet tractable technique in control engineering that recently has gained much attention in the area of finance, particularly for its application to portfolio optimization. In this paper, we… read more here.
Keywords: gross exposure; control; transaction cost; transaction ... See more keywords
Strategic trading with transaction cost in the long run
Sign Up to like & getrecommendations! Published in 2020 at "Finance Research Letters"
DOI: 10.1016/j.frl.2018.12.035
Abstract: Abstract Based on Holden and Subrahmanyam (1994), this work examines how the transaction cost imposed on insiders affects the strategic trading and the consequences. We find that with transaction cost, insiders refrain their trading and… read more here.
Keywords: transaction cost; transaction; trading transaction; strategic trading ... See more keywords
Integrating variable risk preferences, trust, and transaction cost economics – 25 years on: reflections in memory of Oliver Williamson
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DOI: 10.1017/s1744137421000576
Abstract: In this essay, we honour the memory of Oliver Williamson by reflecting on Chiles and McMackin's 1996 Academy of Management Review article ‘Integrating variable risk preferences, trust, and transaction cost economics’. The article, which built… read more here.
Keywords: transaction cost; cost economics; economics; risk ... See more keywords
Moving boundary transformation for American call options with transaction cost: finite difference methods and computing
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DOI: 10.1080/00207160.2015.1108409
Abstract: ABSTRACT The pricing of American call option with transaction cost is a free boundary problem. Using a new transformation method the boundary is made to follow a certain known trajectory in time. The new transformed… read more here.
Keywords: finite difference; american call; transaction cost; difference methods ... See more keywords
Blockchain’s impact on platform supply chains: transaction cost and information transparency perspectives
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DOI: 10.1080/00207543.2022.2027037
Abstract: ABSTRACT This study examines the impact of blockchain technology on platform supply chains from the perspectives of information transparency and transaction cost. We build a hybrid-format supply chain in which one supplier adopts an agency… read more here.
Keywords: supply; information; transaction cost; platform supply ... See more keywords
Transaction cost economics and trust in the hospital sector: An empirical examination using the example of Germany
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DOI: 10.1080/20479700.2017.1333295
Abstract: ABSTRACT The transfer of responsibility for assets from government to hospitals has forced the latter to manage their buildings and equipment themselves. Therefore, hospitals – which are responsible for a third of healthcare expenditure in… read more here.
Keywords: asset; insourcing outsourcing; transaction cost; economics ... See more keywords
FINANCIAL REPORTING CHOICES, GOVERNANCE, AND STRATEGIC ASSETS: A TRANSACTION COST PERSPECTIVE
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DOI: 10.5465/amr.2019.0105
Abstract: We integrate the governance and measurement branches in transaction cost economics to highlight how differences in performance measurement choices influence the governance of strategic assets, ther... read more here.
Keywords: governance strategic; transaction cost; strategic assets; governance ... See more keywords