Indexation and Contract Length in Unionized U.S. Manufacturing

2019 ◽  
pp. 145-171
Author(s):  
Mark Bils
Keyword(s):  
Contract Length

Optimal contract length in a reputational model of monetary policy

1997 ◽  
Vol 41 (2) ◽  
pp. 227-243 ◽  
Author(s):  
Christopher J. Ellis ◽  
Steinar Holden
Keyword(s):  
Monetary Policy ◽  
Optimal Contract ◽  
Contract Length

scholarly journals Similarities and Differences Between Financial Lease and Installment Payment in the Islamic Jurisprudence

Adam alemi ◽  
2020 ◽  
Vol 4 (86) ◽  
pp. 114-122
Author(s):  
B.E. Abdualiyev ◽  
K.ZH. Mambetbaev ◽  
S.K. Chukhanov
Keyword(s):  
Roles And Responsibilities ◽  
Islamic Jurisprudence ◽  
Similarities And Differences ◽  
Contract Length

This article is aimed the similarities and differences between financial lease and Islamic installment payment. Namely, the features like contract length, roles and responsibilities of the parties and other questions. In addition to that, taking as a basis some similarities of financial lease and Islamic installment payment, the opinions of experts who try to match the mentioned above financial tools will be studied in detail. Some points of financial lease that were revealed during the analysis does not correspond to the main rules of Islamic installment payment. Thus, financial lease cannot be fully considered as the analog of Islamic installment payment in the Islamic jurisprudence.

Series of successive B2B contracts: impact on contract length and rental rate

2019 ◽  
Vol 34 (7) ◽  
pp. 1570-1579 ◽  
Author(s):  
Shanfei Feng ◽  
Trichy V. Krishnan
Keyword(s):  
Service Sector ◽  
Continuous Series ◽  
Economic Factors ◽  
Data Set ◽  
Content Type ◽  
Oil Drilling ◽  
Service Contracts ◽  
Negative Effect ◽  
Rental Rate ◽  
Contract Length

Purpose Companies in the B2B service sector often sign a series of successive contracts instead of one long contract with their vendors. Economic researchers have shown how the lengths of stand-alone contracts are influenced by economic factors such as asset specificity and economic volatility, but have not researched into contracts that are part of a continuous series. The purpose of this study was to explore if being a part of a series of contracts influences the length of the focal contract and the rental rate. Design/methodology/approach The authors use data collected from the oil drilling industry to empirically test their hypotheses. The data set consists of 2,621 contracts involving jack-up rig hiring in the Gulf of Mexico region. Findings The authors empirically show that the series duration affects both the length and rental rate of each constituent contract, even after considering all other plausible economic factors. Specifically, the duration of a series has a positive effect on the length and a negative effect on the rental rate of the constituent contract. Originality/value Although contract length is as vital as the rent in B2B service transactions, it is rather unfortunate that marketing scholars have not researched much into this topic. The findings offer a new insight into the forces that shape the B2B service contracts and thus help the B2B managers make a better decision in service contracts.

Determinants of contract length in franchise contracts

2007 ◽  
Vol 97 (2) ◽  
pp. 145-150 ◽  
Author(s):  
Luis Vázquez
Keyword(s):  
Contract Length

Seller Over-Pricing and Listing Contract Length: The Effects of Endogenous Listing Contracts on Housing Markets

2013 ◽  
Author(s):  
Randy Anderson ◽  
Raymond T. Brastow ◽  
Geoffrey K. Turnbull ◽  
Bennie D. Waller
Keyword(s):  
Housing Markets ◽  
Contract Length

scholarly journals Mitigating Contractual Hazards: Unilateral Options and Contract Length

1988 ◽  
Vol 19 (3) ◽  
pp. 327 ◽  
Author(s):  
Keith J. Crocker ◽  
Scott E. Masten
Keyword(s):  
Contract Length

Determinants, transactional alignment, and performance outcomes of franchise contract length

2018 ◽  
Vol 47 (7) ◽  
pp. 714-732 ◽  
Author(s):  
Nina Gorovaia
Keyword(s):  
Performance Outcomes ◽  
Brand Name ◽  
Two Stage ◽  
Comparative Performance ◽  
Knowledge Assets ◽  
Content Type ◽  
Specific Investments ◽  
Strategic Assets ◽  
Contract Length ◽  
And Performance

Purpose The purpose of this paper is to explore the determinants, transactional alignment and performance outcomes of franchise contract length using transaction costs theory (TCT) and resource-based theory (RBT). Design/methodology/approach The author hypothesizes that franchisors choose contract length according to TCT and RBT arguments. TCT explains the safeguarding function of contracts: the franchisors will offer longer contracts when franchisees’ specific investments are high and environmental uncertainty is low. RBT highlights the knowledge leverage function of contracts: the franchisors will offer longer contracts when the brand name and intangible knowledge assets are high. Franchise companies that design contract length aligned with transactional attributes will perform better. The author tests the misalignment hypothesis and comparative performance of franchise contracts by estimating two-stage least squares regression and Heckman two-stage procedure that control for endogeneity and self-selection. Findings Empirical data from the German franchise sector support the hypotheses. In addition to the safeguarding function, franchise contracts have an important knowledge leverage function. Longer contracts perform better due to the development of relational strategic assets and stronger commitment. Research limitations/implications Franchisors must offer longer contracts when specific investments of franchisees, brand name, intangible knowledge assets are high, and environmental uncertainty is low. Franchisors should invest in the development of relational strategic assets and offer longer contracts for the benefit of superior performance. Originality/value The study addresses the significant question of transactional alignment and comparative performance of franchise contracts. It empirically confirms the importance of RBT in explaining contractual choices and performance.

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