Organizing is a managerial process which demands a sense of purpose. When stories about "who we are" and "what we do" are salient and coherent (Voss, Cable & Voss, 2006), organizations can better plan, explain and justify collective action (Whetten & Macke ...
This thesis examines the optimal mode of financing for banks and financial institutions. The first chapter, which is a joint work with Prof. Jean-Charles Rochet, investigates how Systemically Important Financial Institutions (SIFIs) should be financed. The ...
This paper studies the interplay between two defining features of technology-based firms: licensing as a commercialization strategy and the reliance on equity financing. Within the context of an IPO, we argue that the technology commercialization strategy ...
Permission systems are the main defense that mobile platforms, such as Android and iOS, offer to users to protect their private data from prying apps. However, due to the tension between usability and control, such systems have several limitations that oft ...
Homomorphic encryption allows to make specific operations on private data which stays encrypted. While applications such as cloud computing require to have a practical solution, the encryption scheme must be secure. In this article, we detail and analyze i ...
We consider how equity holders' bargaining power during financial distress influences the interactions between financing and investment decisions when the firm faces the upper limit of debt issuance. We obtain four results. First, weaker equity holders' ba ...