Outsourcing has become a commonly accepted alternative of strategic management. But how do stockholders rate the corporate decision to divest parts of the former business? We study the stock market reaction of outsourcing announcements of the global financial services industry, using event study methodology and multivariate cross-sectional regression analysis. We analyze a sample of 162 outsour...

This paper reports the results of an experiment examining the effect of norms on altruistic behavior in a non-strategic economic environment. Work in psychology suggests that thinking about or viewing the behavior of others enhances norm compliant behavior. In three treatments, subjects make a simple binary allocation decision similar to a dictator decision context. In a control treatment subje...

This paper analyses the dynamics and evolutionary strategies that are occurring in regulated markets light of impacts new technological innovations financial sector how different jurisdictions seeking right balance between fostering innovation competition ensuring customers protection. The main focus is to present regulatory sandboxes as one novel ways regulating services, especially fintech. a...

1 INTRODUCTION M&As have been at the center of management research for several decades. Financial, strategic and human aspects of the M &A phenomenon have been used in an effort to better understand this complex process. Even though financial and strategic issues are dominant in the process, the importance of the " human " capital involved in these transactions is well documented. M&As are more...

This article extends the debate regarding the relationship between strategic planning and performance. It addresses criticism of previous empirical studies that have largely investigated direct and bi-variate relationships, producing equivocal results. The current study investigates the mediating effects of four types of flexibility on the strategic planning and performance relationship. Flexib...