London Business School

London Business School (LBS) Research Online
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    2718 research outputs found

    Does component sharing help or hurt reliability? An empirical study in the automotive industry

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    A business plan? Or a journey to plan B?

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    Acquisition values and optimal financial (in)flexibility

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    Social reconnection revisited: The effects of social exclusion risk on reciprocity, trust, and general risk-taking

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    We hypothesize that people at risk of exclusion from groups will engage in actions that can socially reconnect them with others and test the hypothesis in four studies. We show that participants at risk of exclusion reciprocated the behavior of an unknown person (Study 1a) and a potential excluder (Study 1b) more compared to two control groups (people who received a non-social negative feedback and people who were actually excluded). Study 2 replicated the results of Study 1a with trust as the dependent variable. Study 3 showed that people who were at risk of exclusion took less general risk compared with both control groups. These results demonstrate socially adaptive responses of people who are at risk of social exclusion

    Macroeconomic Conditions and Capital Raising

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    Dynamic hedging in incomplete markets: a simple solution

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    The Role of Oligarchs in Russian Capitalism

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    Using a unique dataset, we describe the degree of ownership concentration in Russian economy and its role in shaping economic and political institutions in Russia. In particular, we find that Russian "oligarchs" do control a substantial part of the economy. While the relative weight of their firms in Russian economy is huge, they do not seem to be excessively large by the standards of the global economy where most of them are operating. The oligarchs seem to run their firms more efficiently than other Russian owners controlling for industry, region and size

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