Is the reputation of a firm tradable when the change in ownership is observ-able? We consider a competitive market in which a share of owners must retire in each period. New owners bid for the firms that are for sale. Customers learn the owner’s type, which reflects the quality of the good or service provided, through experience. After observing an ownership change they may want to switch firms. However, in equilibrium, good new owners buy from good old owners and retain high-value customers. Hence reputation is a tradable intangible asset, although ownership change is observable. 1
We propose a firm lifecycle model in which the firm privately invests in its quality and thereby its...
We propose a model of firm reputation in which a firm can invest or disinvest in product quality and...
The topic of corporate reputation is facing growing attention among scholars and practitioners, duri...
Is the reputation of a firm tradable when the change in ownership is observable? We consider a compe...
Is the reputation of a firm tradeable when the previous owner has to retire even though ownership ch...
Abstract: Is the reputation of a firm tradeable when the previous owner has to retire? We consider a...
Is the reputation of a firm tradeable when the previous owner has to retire even though ownership ch...
Reputation is a valuable asset to firms, yet the impact of corporate governance of reputation-relian...
In order to be incentivized to produce high quality products, the firm’s key decision maker must suf...
The Reputation of a natural person is anchored by his type, the characterisitics invariant over time...
We study the effect of ownership and governance on what is arguably a firm’s most valuable asset: it...
Reputation systems aim to induce honest behavior in online trade by providing information about pas...
For ages, the view that corporate reputation positively impacts on firm performance has been documen...
Organizational theory recognizes reputation as a central element to understanding the firm. Examinin...
I consider an adverse selection model of ¯rm reputation. Each firm is characterized by an exogenousl...
We propose a firm lifecycle model in which the firm privately invests in its quality and thereby its...
We propose a model of firm reputation in which a firm can invest or disinvest in product quality and...
The topic of corporate reputation is facing growing attention among scholars and practitioners, duri...
Is the reputation of a firm tradable when the change in ownership is observable? We consider a compe...
Is the reputation of a firm tradeable when the previous owner has to retire even though ownership ch...
Abstract: Is the reputation of a firm tradeable when the previous owner has to retire? We consider a...
Is the reputation of a firm tradeable when the previous owner has to retire even though ownership ch...
Reputation is a valuable asset to firms, yet the impact of corporate governance of reputation-relian...
In order to be incentivized to produce high quality products, the firm’s key decision maker must suf...
The Reputation of a natural person is anchored by his type, the characterisitics invariant over time...
We study the effect of ownership and governance on what is arguably a firm’s most valuable asset: it...
Reputation systems aim to induce honest behavior in online trade by providing information about pas...
For ages, the view that corporate reputation positively impacts on firm performance has been documen...
Organizational theory recognizes reputation as a central element to understanding the firm. Examinin...
I consider an adverse selection model of ¯rm reputation. Each firm is characterized by an exogenousl...
We propose a firm lifecycle model in which the firm privately invests in its quality and thereby its...
We propose a model of firm reputation in which a firm can invest or disinvest in product quality and...
The topic of corporate reputation is facing growing attention among scholars and practitioners, duri...