To see the other types of publications on this topic, follow the link: Firm sale.

Journal articles on the topic 'Firm sale'

Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles

Select a source type:

Consult the top 50 journal articles for your research on the topic 'Firm sale.'

Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.

You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.

Browse journal articles on a wide variety of disciplines and organise your bibliography correctly.

1

Bates, Gary D. "Firm for Sale." Journal of Management in Engineering 10, no. 3 (1994): 3–5. http://dx.doi.org/10.1061/(asce)9742-597x(1994)10:3(3).

Full text
APA, Harvard, Vancouver, ISO, and other styles
2

Wang, Jiao, Yanfei Lan, Ruiqing Zhao, and Tiantian Xing. "The optimal payment policy for a firm: cash sale versus credit sale." Soft Computing 22, no. 17 (2017): 5843–60. http://dx.doi.org/10.1007/s00500-017-2770-9.

Full text
APA, Harvard, Vancouver, ISO, and other styles
3

Ahn, Yoon-Young. "Short sale of hospitality company influencing firm value." Journal of Hospitality and Tourism Studies 81 (December 31, 2019): 1–15. http://dx.doi.org/10.31667/jhts.2019.12.81.1.

Full text
APA, Harvard, Vancouver, ISO, and other styles
4

Ireland, Norman J., and Geoff Stewart. "On the Sale of Production Rights and Firm Organization." Journal of Comparative Economics 21, no. 3 (1995): 289–307. http://dx.doi.org/10.1006/jcec.1995.0002.

Full text
APA, Harvard, Vancouver, ISO, and other styles
5

Plouffe, Michael. "Liberalization for Sale: Corporate Demands and Lobbying over FTAs." Administrative Sciences 13, no. 10 (2023): 227. http://dx.doi.org/10.3390/admsci13100227.

Full text
Abstract:
Firm-based approaches to international trade have revolutionized the study of trade politics. Corporate participation in political processes is costly, limiting access to large, productive, well-resourced, and often internationally engaged firms. This implies a pro-trade bias in corporate lobbying demands over trade policy. I examine this relationship in the case of three free trade agreements passed by the United States Congress in 2011. I combine public statements from firms on the FTAs with corporate lobbying activities and find that both lobbying firms and those that lobbied and publicly d
APA, Harvard, Vancouver, ISO, and other styles
6

Lestari, Riska Urip, and Danar Irianto. "FAKTOR-FAKTOR YANG MEMPENGARUHI STRUKTUR MODAL PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2011-2015." JOURNAL OF APPLIED MANAGERIAL ACCOUNTING 1, no. 2 (2017): 164–78. http://dx.doi.org/10.30871/jama.v1i2.504.

Full text
Abstract:
This study aimed to examine the effect of firm size, liquidity, financial flexibility, share growth, sale growth, business risk and profitability to capital structure. This study used secondary data from the company’s financial statements and determinan of the sample using techniques proposive sampling. The population in this study are manufacture companies listed on the Indonesian Stock Exchange (BEI) in the period 2011-2015 with a sample 55 companies. The result showed firm size has a positive effect to capital structure. Liquidity has a no effect to capital structure. Financial flexibility
APA, Harvard, Vancouver, ISO, and other styles
7

Nelli, Dheeraj, David W. McGill, Kathryn G. Arano, and Shawn T. Grushecky. "Forestry Consulting Fees and Services in West Virginia." Northern Journal of Applied Forestry 24, no. 4 (2007): 252–57. http://dx.doi.org/10.1093/njaf/24.4.252.

Full text
Abstract:
Abstract Consulting foresters in West Virginia were surveyed in the summer of 2005 to document their firms' organizational characteristics, services offered, and fees charged and to examine how firm characteristics may influence the average fees charged for the services. The questionnaire mailed to 127 foresters resulted in a 56% response rate. The most common fee structure is payment by the hour with exceptions for timber-sale administration, where fees were reported most commonly as a percentage of timber-sale revenues, and for forest stewardship plan preparation that is charged on a per acr
APA, Harvard, Vancouver, ISO, and other styles
8

Gale, Douglas, and Piero Gottardi. "Bankruptcy, Finance Constraints, and the Value of the Firm." American Economic Journal: Microeconomics 3, no. 2 (2011): 1–37. http://dx.doi.org/10.1257/mic.3.2.1.

Full text
Abstract:
We study a competitive model in which market incompleteness implies that debt-financed firms may default in some states of nature, and default may lead to the sale of the firms' assets at fire sale prices when a finance constraint is binding. The anticipation of such “losses” alone may distort firms' investment decisions. We characterize the conditions under which fire sales occur in equilibrium, and their consequences on firms' investment decisions. We also show that endogenous financial crises may arise in this environment, with asset prices collapsing as a result of pure self-fulfilling bel
APA, Harvard, Vancouver, ISO, and other styles
9

Klasa, Sandy. "Why Do Controlling Families of Public Firms Sell Their Remaining Ownership Stake?" Journal of Financial and Quantitative Analysis 42, no. 2 (2007): 339–67. http://dx.doi.org/10.1017/s0022109000003306.

Full text
Abstract:
Abstract:I investigate what leads controlling families of publicly traded firms to sell their remaining ownership stake. The sale of a controlling stake is best explained in the context of theories of the firm related to optimal risk bearing, the separation of ownership and management expertise, the CEO succession process, and the monitoring provided by outside blockholders. A timing explanation is only marginally supported. The sale of a controlling stake is not explained by insufficient financial resources to fully invest in growth opportunities. This study offers insights into the final sta
APA, Harvard, Vancouver, ISO, and other styles
10

Miranda, Suci, and Vembri Noor Helia. "Quantitative analysis on the fluctuation of vegetable price in supermarket." MATEC Web of Conferences 154 (2018): 01100. http://dx.doi.org/10.1051/matecconf/201815401100.

Full text
Abstract:
In this paper we analyze the variables affecting the determination of vegetable sale price in supermarket and investigate each amount considered into the formulation. We use the supermarket pricing strategies literatures, cost management theory, and any information obtained from suppliers and supermarket to investigate the variables influenced the sale price gap between supplier sale price and supermarket sale price. In order to obtain the supermarket sale price, it is required to understand the concept of costs. Supermarket as a merchandising firm has two components of costs called purchase c
APA, Harvard, Vancouver, ISO, and other styles
11

Adnan, Abbas, and Saad Ameer Muhammad. "Determinants of Dividend Policy in Services Industry of China." International Journal of Business, Economics and Management Works (ISSN: 2409-2770) 4, no. 11 (2017): 20–23. https://doi.org/10.5281/zenodo.1063975.

Full text
Abstract:
The dividend policy analysis based upon the service industry in china. The data is based on the most recent years from 2014 to 2016. It includes forty-two organizations of communication, information, and transportation sector. dividend pay-out determines the total revenue by the organization(positively).  It is presumed that the total sale plays a positive part in deciding dividend pay-out ratio of the organization as it increases earning per share, and strength of equity. The debt equity ratio is significant but due to the dividend pay-out of the organization will decrease.
APA, Harvard, Vancouver, ISO, and other styles
12

Ali Khan, Junaid, Shiming Deng, and Muhammad Hammad A.K. Khan. "An Empirical Analysis of Inventory Turnover Performance Within a Local Chinese Supermarket." European Scientific Journal, ESJ 12, no. 34 (2016): 145. http://dx.doi.org/10.19044/esj.2016.v12n34p145.

Full text
Abstract:
Retail inventory is an important indicator for retailers as well as their shareholders and suppliers. Inventory enables retailer to sell products to customer but excessive or slow moving inventory also add extra cost. For shareholders and suppliers this is an indication of retailer’s bright or grim future. The aim of this research is to analyze the inventory turnover’s impact on the performance variables of profit margin percentage and sale surprise in one of the retailing firm of Hubei province China. We will study if inventory turnover is affected by profit margin percentage and sale surpris
APA, Harvard, Vancouver, ISO, and other styles
13

Uswatul Khasanah, Ainun, and Jasman. "Faktor-faktor yang Mempengaruhi Persistensi Laba." JRB-Jurnal Riset Bisnis 3, no. 1 (2019): 66–74. http://dx.doi.org/10.35592/jrb.v3i1.981.

Full text
Abstract:
This research aims to determine the effect of independent cash flow volatility, sale volatility, operating cycle, level of debt, size of firm and book tax differences in earnings persistence. The data used in this research is obtained from the annual report of financial statements on manufacturing companies listed in the Indonesian Stock Exchange period 2015-2017. Sample selection method used is purposive sampling method. Analytical techniques used in this research using multiple linear regression which include normality test, test classic assumptions and hypothesis testing. The total sample i
APA, Harvard, Vancouver, ISO, and other styles
14

Poudel, Phadindra Kumar, and Pujan Maharjan. "Effects of Working Capital Management on Profitability: A Case of Nepalese Manufacturing Firms." International Research Journal of Management Science 5, no. 1 (2021): 130–47. http://dx.doi.org/10.3126/irjms.v5i1.35869.

Full text
Abstract:
The study deals with the relationship between firm characteristics of working capital management and firm profitability in Nepal. It examines if firm performance, return on assets is related to cash conversion cycle, days’ sales outstanding, days’ inventory outstanding and current ratio. The study is based on pooled cross-sectional data of 10 non-financial firms from 2071/72 to 2075/76 of listed firms in the Nepal Stock Exchange. The study employed descriptive and causal-comparative research design to attainthe purpose of this study. The result reveals that the current ratio has a positively s
APA, Harvard, Vancouver, ISO, and other styles
15

Poudel, Phadindra Kumar, and Pujan Maharjan. "Effects of Working Capital Management on Profitability: A Case of Nepalese Manufacturing Firms." International Research Journal of Management Science 5, no. 1 (2021): 130–47. http://dx.doi.org/10.3126/irjms.v5i1.35869.

Full text
Abstract:
The study deals with the relationship between firm characteristics of working capital management and firm profitability in Nepal. It examines if firm performance, return on assets is related to cash conversion cycle, days’ sales outstanding, days’ inventory outstanding and current ratio. The study is based on pooled cross-sectional data of 10 non-financial firms from 2071/72 to 2075/76 of listed firms in the Nepal Stock Exchange. The study employed descriptive and causal-comparative research design to attainthe purpose of this study. The result reveals that the current ratio has a positively s
APA, Harvard, Vancouver, ISO, and other styles
16

Khan, Mozaffar, and Hai Lu. "Do Short Sellers Front-Run Insider Sales?" Accounting Review 88, no. 5 (2013): 1743–68. http://dx.doi.org/10.2308/accr-50485.

Full text
Abstract:
ABSTRACT: We study the behavior of short sellers as informed market participants and examine potential sources of their information. Using a newly available dataset with high-frequency short sales data, we find evidence of significant increases in short sales immediately prior to large insider sales, but not prior to small insider sales. We examine a number of explanations that the increase in short sales is driven by public information, either about the firm or about the impending insider sale. The evidence is inconsistent with these explanations, but is consistent with front-running facilita
APA, Harvard, Vancouver, ISO, and other styles
17

Sutana, Clarisa, and Nila Pusvikasari. "Determinants of Capital Structure: Property and Real Estate Companies (IDX)." E-Jurnal Manajemen Trisakti School of Management (TSM) 2, no. 4 (2022): 209–14. http://dx.doi.org/10.34208/ejmtsm.v2i4.1815.

Full text
Abstract:
The main purpose of this research is to test and analyze the impact of return on assets (ROA), firm size, tangibility, risk, and sale growth on capital structure. In this research, 8 property and real estate companies were used as samples listed on the Indonesia Stock Exchange with a total 9 years raging from the period of 2012 – 2020. The sample was selected based on purposive sampling technique. The data analysis method that were used in this research is descriptive statistics, panel data analysis model, data quality test, classic assumption tests, multiple linear regression, coefficient of
APA, Harvard, Vancouver, ISO, and other styles
18

Hanh, Hoang Thanh, and Dinh Tran Ngoc Huy. "Better Accounting Management in Real Estate Firms with Digital Transformation and Software - A Case in Vietnam." Webology 18, Special Issue 04 (2021): 514–25. http://dx.doi.org/10.14704/web/v18si04/web18145.

Full text
Abstract:
In the context of industry 4.0 with digital transformation, We aim to analyze and estimate effects of internal components of firm such as cost of good sold (COGS), sale cost and admin cost on firm accounting net profit, for the case of Vingroup in real estate industry in Vietnam. This paper also analyze Vingroup accounting net profit under effects from Digital transformation and Internet of things (IoTs) in industry 4.0. In reality, computer skills and models allow us to build a OLS regression equation to estimate accounting net profit under impacts from internal factors of the real estate fir
APA, Harvard, Vancouver, ISO, and other styles
19

Li, Rui, Jiahui Li, and Jinjian Yuan. "Short-sale prohibitions, firm characteristics and stock returns: evidence from Chinese market." China Finance Review International 7, no. 4 (2017): 407–28. http://dx.doi.org/10.1108/cfri-11-2016-0122.

Full text
Abstract:
Purpose The purpose of this paper is to empirically analyze the impacts of short prohibitions on stock prices. Design/methodology/approach The authors adopt event study in this paper. First, the authors match each shortable stocks with one unshortable stocks by the propensity score matching method. Second, the authors check the performance difference between treatment group and control group after the event date. Third, the authors check the performance difference among sub-groups sorted by other factors associated with stock returns. Findings The authors find that stocks do not decline necess
APA, Harvard, Vancouver, ISO, and other styles
20

Mastuki, Nor'azam, and Nihlah Abdullah. "Earnings Management and Sale of Assets." Social and Management Research Journal 3, no. 1 (2006): 85. http://dx.doi.org/10.24191/smrj.v3i1.5103.

Full text
Abstract:
The focus of this study is to examine whether firms used income from sale of assets as an instrument to manage earnings. Two aspect of earnings management are examined: earnings smoothing behavior and avoidance of debt covenant activities. A Sample had been taken from firms listed under industrial and consumer product at the main board of Bursa Malaysia from 2000 to 2003. Similar with findings obtained in an environment where current cost are applied in asset reporting, we found that incentive for earnings management is asymmetric.firms with poor economic performances (negative earnings change
APA, Harvard, Vancouver, ISO, and other styles
21

Rehme, Jakob, and Peter Svensson. "Credibility-Driven Entrepreneurship." International Journal of Entrepreneurship and Innovation 12, no. 1 (2011): 5–15. http://dx.doi.org/10.5367/ijei.2011.0015.

Full text
Abstract:
This article investigates how external stakeholders influence the first sale of technology-based business-to-business start-up companies. The authors combine entrepreneurship theory with marketing theory to describe the marketing and selling activities of start-ups and how new ventures reach key milestones. The study shows how two start-ups, an e-business firm and a new product development firm, acquired their first customers. The analysis provides a picture of how a network of the firms' founders, board members and owners contributed to their first sales. It also highlights the importance of
APA, Harvard, Vancouver, ISO, and other styles
22

Lund, Anna. "Cooperative Difference in Insolvency Proceedings." McGill Law Journal 68, no. 2 (2023): 161–201. http://dx.doi.org/10.26443/law.v68i2.1292.

Full text
Abstract:
Mountain Equipment Co-operative used insolvency proceedings under the Companies’ Creditors Arrangement Act to sell its business to a private equity firm. A group of members unsuccessfully challenged the sale in court, raising arguments about the court’s power to approve the sale, the fiduciary obligations of the cooperative’s directors and the oppression remedy. This article suggests that the court would have been justified in granting a remedy to the dissenting members if it had attended to how cooperatives differ from standard corporations. This article highlights salient differences between
APA, Harvard, Vancouver, ISO, and other styles
23

Ekmekci, Mehmet, Nenad Kos, and Rakesh Vohra. "Just Enough or All: Selling a Firm." American Economic Journal: Microeconomics 8, no. 3 (2016): 223–56. http://dx.doi.org/10.1257/mic.20140143.

Full text
Abstract:
We consider the problem of selling a firm to a single buyer. The buyer privately knows post-sale cash flows and the benefits of control. Unlike the case where buyer's private information is one-dimensional, the optimal mechanism is a menu of tuples of cash-equity mixtures. When the seller wants to screen finely with respect to the private benefits, he makes an offer for the smallest fraction of the company that facilitates the transfer of control. When he wants to screen finely with respect to cash flows, he makes an offer for all the shares of the company. (JEL D21, D82, G32, G34)
APA, Harvard, Vancouver, ISO, and other styles
24

Kaygısız Ertuğ, Zeliha, and Nuray Girginer. "Evaluation of banks’ commercial credit applications using the analytic hierarchy process and Grey relational analysis: A comparison between public and private banks." South African Journal of Economic and Management Sciences 18, no. 3 (2015): 308–24. http://dx.doi.org/10.4102/sajems.v18i3.744.

Full text
Abstract:
The purpose of this study is to develop an evaluation model that considers the quantitative and qualitative criteria for the appropriate selection of firms demanding commercial credit for both public and private banks. In this paper, the authors propose an integrated model that combines the Analytic Hierarchy Process (AHP) and Grey Relational Analysis (GRA) into a single evaluation model. The model is illustrated with a case study on bank experts to demonstrate the effectiveness of this integrated method for four firms that applied for a commercial loan. In this study, AHP is applied to determ
APA, Harvard, Vancouver, ISO, and other styles
25

Chinchwadkar, Rohan, and Rama Seth. "The Choice of Exit: Influence of Private Equity Investors and Buyout Entry." Journal of Emerging Market Finance 17, no. 1_suppl (2018): S1—S26. http://dx.doi.org/10.1177/0972652717751534.

Full text
Abstract:
The choice of exit method is an inevitable decision faced by entrepreneurs and private equity (PE) investors. The existing literature addresses four categories of factors which influence this choice of exit method between initial public offering (IPO) and acquisition: industry-related factors, market-timing variables, deal-specific factors and demand-for-funds factors. We extend the literature by introducing a new category of factors, ‘PE investor characteristics’, and test if this category has a significant effect on the choice of exit method. We also test if the type of entry has an influenc
APA, Harvard, Vancouver, ISO, and other styles
26

Buchholtz, Ann K., Michael Lubatkin, and Hugh M. O’Neill. "Seller Responsiveness to the Need to Divest." Journal of Management 25, no. 5 (1999): 633–52. http://dx.doi.org/10.1177/014920639902500502.

Full text
Abstract:
Little theoretical attention has been given to divestiture; that is, to the question of why two firms that face similar environments make different selling decisions and reap different performance outcomes from a sale. This article proposes a framework of divestiture built around the core concept of seller responsiveness, which is defined as the readiness of the management at the selling firm to respond to the need to divest. The data show how divestiture context, management characteristics, and governance attributes influence seller responsiveness and, in turn, the price the divesting firm re
APA, Harvard, Vancouver, ISO, and other styles
27

Konobeeva, O. E. "MARKETING STRATEGY OF BUSINESS." Education and Science without Limits: Fundamental and Applied Researches, no. 10 (November 25, 2019): 119–24. http://dx.doi.org/10.36683/2500-249x-2019-10-119-124.

Full text
Abstract:
Working out and realization of marketing strategy requires certain conditions: clear idea about the purposes of production and sale in prospect, marketing activity strategy of the firm; knowledge of the market and its requirements; clear idea about the possibilities and resources (research, scientific and technical, industrial, marketing). The article is devoted to these problems.
APA, Harvard, Vancouver, ISO, and other styles
28

Brauer, Matthias, Jan Mammen, and Johannes Luger. "Sell-Offs and Firm Performance: A Matter of Experience?" Journal of Management 43, no. 5 (2014): 1359–87. http://dx.doi.org/10.1177/0149206314552452.

Full text
Abstract:
Drawing on organizational learning theory, this article examines the moderating influences of different forms of internal and external sell-off experience on the relationship between firm sell-off activity and subsequent firm accounting performance. The results from a longitudinal analysis of sell-off activity by 293 European companies over a 15-year period (1995-2009) are consistent with basic predictions from learning theory, suggesting a positive moderating influence of a firm’s general sell-off experience. Yet, by distinguishing between multiple forms of learning (i.e., experiential, super
APA, Harvard, Vancouver, ISO, and other styles
29

Jorgensen, Bjorn N., and Michael T. Kirschenheiter. "Discretionary Risk Disclosures." Accounting Review 78, no. 2 (2003): 449–69. http://dx.doi.org/10.2308/accr.2003.78.2.449.

Full text
Abstract:
We model managers' equilibrium strategies for voluntarily disclosing information about their firm's risk. We consider a multifirm setting in which the variance of each firm's future cash flow is uncertain. A manager can disclose, at a cost, this variance before offering the firm for sale in a competitive stock market with risk-averse investors. In our partial disclosure equilibrium, managers voluntarily disclose if their firm has a low variance of future cash flows, but withhold the information if their firm has highly variable future cash flows. We establish how the manager's discretionary ri
APA, Harvard, Vancouver, ISO, and other styles
30

Che Yahya, Norliza, Ahmad Husni Mohd Rashid, Ibrahim A. Rahman, and Siti Norbaya Mohd Rashid. "The Impact of “Offer for Sale” by Existing Shareholders in an IPO on Initial Aftermarket Performance." Asian Journal of Finance & Accounting 9, no. 2 (2017): 254. http://dx.doi.org/10.5296/ajfa.v9i2.11537.

Full text
Abstract:
This study examines the impact of “offer for sale” by existing shareholders in an IPO on initial aftermarket performance. The “offer for sale” is measured by the proportion of shares offered to public from the sale of the existing shareholdings against the total number of shares offered during IPO. The “offer for sale” activity suggests that proceed from the shares sold to investors at an IPO would go into the pocket of the existing shareholders. That is, the proceed does not actually meet the goals of the IPO which is to raise fund. The new investors expect new cash inflows for the firm to fi
APA, Harvard, Vancouver, ISO, and other styles
31

Kim, Hee-Sun, and Hyun-Seok Lee. "A Comparison Analysis of Efficiency between Construction Firms." Konkuk Research Institute of Real Estate and Urban Studies 15, no. 1 (2022): 5–26. http://dx.doi.org/10.22423/kreus.2022.15.1.5.

Full text
Abstract:
This study aims to compare the management efficiency of classified domestic construction firm to each categories by company sale scale, and sale type. In particular, the characteristics of contract-oriented construction firms with high construction sales and development-oriented construction firms with high parcel-out sales are compared and analyzed. We use the financial statement values for 10 years from 2011 to 2020 for companies registered with the Korea Construction Association, and compare the management efficiency of construction firms through the absolute efficiency (Dupont) and the rel
APA, Harvard, Vancouver, ISO, and other styles
32

Kim, Gilwhan. "Investigating the Impact of Inventory Leanness on Firm Performance in Korean Steel Companies." Korea International Trade Research Institute 18, no. 5 (2022): 421–35. http://dx.doi.org/10.16980/jitc.18.5.202210.421.

Full text
Abstract:
Purpose - Over the past two decades, many Korean steel companies have actively introduced lean practices into operations for competitive improvement. Taking this point into account, this study investigates the relationship between lean practices and firm performance in Korean Steel Companies.
 Design/Methodology/Approach - We employ the empirical leanness indcator (ELI) suggested by Eroglu and Hofer (2011) to measure the firm’s inventory leanness; this reflects how effectively a firm applies the lean practices, and we use the return on sale (ROS) and return on asset (ROA) as the firm perf
APA, Harvard, Vancouver, ISO, and other styles
33

Shi, Savannah Wei, and Ming Chen. "Would you Snap up the Deal?: A Study of Consumer Behaviour under Flash Sales." International Journal of Market Research 57, no. 6 (2015): 931–57. http://dx.doi.org/10.2501/ijmr-2015-072.

Full text
Abstract:
Flash sales refer to an emerging e-commerce practice in which a firm offers one or more products/service at a substantial discount within limited time. Macro-economic environment (residential areas), demographic (age, income and occupation) and ad media decision may collectively affect purchase behaviour on flash-sale websites. This study investigates the unique characteristics of consumer behaviour under flash sales in developing countries, based on large-scale survey data from a major flash-sale website in China. We find that purchase behaviour differs substantially across regions and, withi
APA, Harvard, Vancouver, ISO, and other styles
34

Kalashnikov, Vitaliy, Natalyia Kalashnykova, and Petr Kuzmin. "Mixed Duopoly Stochastic Sales Model with Advertising and Experience Gains for the Public and Foreign Competitors." Journal of Advanced Computational Intelligence and Intelligent Informatics 24, no. 5 (2020): 662–67. http://dx.doi.org/10.20965/jaciii.2020.p0662.

Full text
Abstract:
In this research, we propose a stochastic model with the finite horizon of time for sales competition between the state-owned company and private (foreign) competitor. We assume that the foreign company objective function is to maximize revenues and the state-owned agent is concerned about welfare maximization. There are many stochastic models for sales, but what is new in our case is that we assume mixed oligopoly and have different types of firms: private and state owned. They have somewhat different objective functions. As a control variable, we take the advertisement expenses of the privat
APA, Harvard, Vancouver, ISO, and other styles
35

Beverly, John G., Frank J. Bonello, William I. Davisson, and Larry C. Marsh. "An Analysis Of Firm Motivation In The Defense Industry." Journal of Applied Business Research (JABR) 3, no. 1 (2011): 78. http://dx.doi.org/10.19030/jabr.v3i1.6551.

Full text
Abstract:
This article considers the performance of firms in the defense industry. The analysis suggests that in terms of profitability and revenue there is no advantage to be gained by a firm from increasing the proportion of its total sales which go to the military. As a corollary to this proposition we find that the firms examined are profit maximizers and are not content to simply maximize revenue. Another conclusion to be drawn from the empirical analysis that there is a difference between high and low defense commitment firms and that this distinction occurs when the percentage of sale to the gove
APA, Harvard, Vancouver, ISO, and other styles
36

Yang, Baimei, Chunyan Gao, Na Liu, and Liang Xu. "Dynamic Inventory and Pricing Policy in a Periodic-Review Inventory System with Finite Ordering Capacity and Price Adjustment Cost." Mathematical Problems in Engineering 2015 (2015): 1–8. http://dx.doi.org/10.1155/2015/269695.

Full text
Abstract:
We consider a dynamic inventory control and pricing optimization problem in a periodic-review inventory system with price adjustment cost. Each order occurs with a fixed ordering cost; the ordering quantity is capacitated. We consider a sequential decision problem, where the firm first chooses the ordering quantity and then the sale price to maximize the expected total discounted profit over the sale horizon. We show that the optimal inventory control is partially characterized by as, s′, ppolicy in four regions, and the optimal pricing policy is dependent on the inventory level after the repl
APA, Harvard, Vancouver, ISO, and other styles
37

Krishnaswami, Sudha, and Venkat Subramaniam. "Unlocking value by improving transparency: The case of spin-offs." Corporate Ownership and Control 13, no. 1 (2015): 705–14. http://dx.doi.org/10.22495/cocv13i1c6p8.

Full text
Abstract:
A spin-off is a type of divestiture where a conglomerate separates one or more of its divisions by distributing shares with equity claims specific to those divisions. These shares are not sold, but simply issued to the current shareholders of the conglomerate, similar to a stock dividend distribution. We present a formal model that shows that under information asymmetry, spin-offs are the optimal method to divest divisions of a firm. When firms operate in very different industries, analysts and other market participants sometimes fail to understand or recognize sources of value clearly. Thus,
APA, Harvard, Vancouver, ISO, and other styles
38

Cain, Carol L., Gary M. Fleischman, Antonio J. Macias, and Juan Manuel Sanchez. "Ethics, Adverse Selection, Target Method of Sale Strategies, and Akerlof’s “Lemons” Problem." Accounting and Finance Research 10, no. 3 (2021): 1. http://dx.doi.org/10.5430/afr.v10n3p1.

Full text
Abstract:
This study examines the acquisition dynamics associated with the target management’s choice to initiate the sale of the firm using the auction method. Specifically, we examine opportunistic merger and acquisition (M&A) dynamics related to the target-initiated method-of-sale decision (auctions vs. one-on-one negotiations), as a noteworthy example of Akerlof’s (1970) theory of the market for lemons. While we find a strong positive relationship between proxies of adverse selection risk and the likelihood of target initiation, robustness tests suggest target initiation itself is a unique indic
APA, Harvard, Vancouver, ISO, and other styles
39

DE CESARE, LUIGI, and ANDREA DI LIDDO. "A STACKELBERG GAME OF INNOVATION DIFFUSION: PRICING, ADVERTISING AND SUBSIDY STRATEGIES." International Game Theory Review 03, no. 04 (2001): 325–39. http://dx.doi.org/10.1142/s0219198901000476.

Full text
Abstract:
We consider a firm that wishes to maximise the profits coming from the sale of a new product or technology by determining an optimal price and advertising strategy. A public authority wishes to accelerate and stimulate the adoption of the new product by using a budget to give price subsidies directly to the consumers. The problem is set up as a Stackelberg differential game.
APA, Harvard, Vancouver, ISO, and other styles
40

EGGERS, ANDREW C., and JENS HAINMUELLER. "MPs for Sale? Returns to Office in Postwar British Politics." American Political Science Review 103, no. 4 (2009): 513–33. http://dx.doi.org/10.1017/s0003055409990190.

Full text
Abstract:
Many recent studies show that firms profit from connections to influential politicians, but less is known about how much politicians financially benefit from wielding political influence. We estimate the returns to serving in Parliament, using original data on the estates of recently deceased British politicians. Applying both matching and a regression discontinuity design to compare Members of Parliament (MPs) with parliamentary candidates who narrowly lost, we find that serving in office almost doubled the wealth of Conservative MPs, but had no discernible financial benefits for Labour MPs.
APA, Harvard, Vancouver, ISO, and other styles
41

Wills, Jocelyn. "Innovation in a Cold [War] Climate: Engineering Peace with the American Military–Industrial Complex." Enterprise & Society 12, no. 1 (2011): 120–74. http://dx.doi.org/10.1017/s1467222700009757.

Full text
Abstract:
On January 8, 2008, executives at MacDonald, Dettwiler and Associates (MDA), a systems engineering firm centered in Vancouver, British Columbia, triggered a political firestorm by announcing that, subject to regulatory approval by the governments of Canada and the United States, shareholders had approved the sale of the firm's space business to Alliant Techsystems (ATK), an aerospace company and manufacturer of land mines, cluster bombs, and missiles headquartered in Minneapolis, Minnesota. Daniel Friedmann, MDA's chief executive since 1995, argued the sale would “allow the company to focus ma
APA, Harvard, Vancouver, ISO, and other styles
42

Bajari, Patrick, Victor Chernozhukov, Ali Hortaçsu, and Junichi Suzuki. "The Impact of Big Data on Firm Performance: An Empirical Investigation." AEA Papers and Proceedings 109 (May 1, 2019): 33–37. http://dx.doi.org/10.1257/pandp.20191000.

Full text
Abstract:
We examine the impact of “big data” on firm performance in the context of forecast accuracy using proprietary retail sales data obtained from Amazon. We measure the accuracy of forecasts in two relevant dimensions: the number of products (N), and the number of time periods for which a product is available for sale (T). Theory suggests diminishing returns to larger N and T, with relative forecast errors diminishing at rate 1/sqrt(N)+1/sqrt(T). Empirical results indicate gains in forecast improvement in the T dimension but essentially flat N effects.
APA, Harvard, Vancouver, ISO, and other styles
43

Kim, Jun Sik, and Sung Won Seo. "The Effect of Short Sale Ban on the Relation between Disagreement and Stock Returns." Journal of Derivatives and Quantitative Studies 23, no. 2 (2015): 155–82. http://dx.doi.org/10.1108/jdqs-02-2015-b0001.

Full text
Abstract:
This paper investigates the effect of the short sale ban by the Korean government on the relationship between the disagreement among investors and the future stock returns. Short selling in Korean stock market was banned twice in 2008 and 2011. The short sale ban provides a natural experiment environment to study the effect of the short sale constraints on the relationship between the disagreement among investors and the future stock returns. Furthermore, it is an exogenous shock in the point of individual stocks. Thus, this paper focus on short sale ban periods to analyzes the stock return pr
APA, Harvard, Vancouver, ISO, and other styles
44

Kelly, Patrick J. "Information Efficiency and Firm-Specific Return Variation." Quarterly Journal of Finance 04, no. 04 (2014): 1450018. http://dx.doi.org/10.1142/s2010139214500189.

Full text
Abstract:
Reasoning that private firm-specific information causes firm-specific return variation that drives down market-model R2s, [Morck et al., 2000, The Information Content of Stock Markets: Why do Emerging Markets have Synchronous Stock Price Movements? Journal of Financial Economics, 58, 215–260] begin a large body of research which interprets R2 as an inverse measure of price informativeness. Low-R2s or "synchronicity," as it is called in this literature, signal that prices more efficiently incorporate private firm-specific information, and high R2s indicate less. For this to be true, we would ex
APA, Harvard, Vancouver, ISO, and other styles
45

Lian, Chen, and Yueran Ma. "Anatomy of Corporate Borrowing Constraints*." Quarterly Journal of Economics 136, no. 1 (2020): 229–91. http://dx.doi.org/10.1093/qje/qjaa030.

Full text
Abstract:
Abstract Macro-finance analyses commonly link firms’ borrowing constraints to the liquidation value of physical assets. For U.S. nonfinancial firms, we show that 20% of debt by value is based on such assets (asset-based lending in creditor parlance), whereas 80% is based predominantly on cash flows from firms’ operations (cash flow–based lending). A standard borrowing constraint restricts total debt as a function of cash flows measured using operating earnings (earnings-based borrowing constraints). These features shape firm outcomes on the margin: first, cash flows in the form of operating ea
APA, Harvard, Vancouver, ISO, and other styles
46

Lutfi, M. "LEGAL PROTECTION OF THE CONSUMER IN THE HOUSING SALE AND PURCHASE AGREEMENT." Saburai International Journal of Social Sciences and Development 4, no. 2 (2020): 97–104. http://dx.doi.org/10.24967/saburaiijssd.v4i2.1159.

Full text
Abstract:
The type of research in this research is descriptive normative research, the approach used is, juridical normative and empirical approaches. The data used in this research comes from primary data and secondary data, and tertiary legal materials. Data collection data classification systematization of research data using qualitative descriptive data analysis. The results of research and discussion of the aspects of consumer protection in the housing sale agreement can be seen that the aspects of housing consumer protection consist of three stages, namely the pre-transaction stage, the transactio
APA, Harvard, Vancouver, ISO, and other styles
47

Gupta, Rupali, Sunita Jatav, and Gagan Prakash. "Does management of working capital enhance firm value? Empirical analysis of manufacturing enterprises in India." Investment Management and Financial Innovations 20, no. 3 (2023): 224–38. http://dx.doi.org/10.21511/imfi.20(3).2023.19.

Full text
Abstract:
The long-term financial health of a corporation is assessed by its capacity to meet short-term financial commitments. Optimum working capital that maximizes enterprise value varies across companies. The purpose of this paper is to investigate whether Indian manufacturing enterprises’ firm values are influenced by working capital management efficiency. The data are taken from 2016 to 2022 (a seven-year period) for 223 top BSE-listed manufacturing companies. Firm value (explained variable) is proxied using Tobin’s Q, and the constituents of working capital, which include the net trade cycle, inv
APA, Harvard, Vancouver, ISO, and other styles
48

Meyer, Heather M., and Nacasius U. Ujah. "Managed earnings." Marketing Intelligence & Planning 35, no. 2 (2017): 192–204. http://dx.doi.org/10.1108/mip-03-2016-0045.

Full text
Abstract:
Purpose The decisions marketing managers make on advertising expenditures are vital to maintaining the sales and profitability of a firm. However, these decisions have not been taken into account to a great enough extent when determining a firm’s performance. The purpose of this paper is to better understand the marketing-finance interface and to reveal the effect marketers’ discretionary advertising expenditures can have on firm performance. In particular, the real activities method of managed earnings (ME) will be used to study this phenomenon. Design/methodology/approach The initial sample
APA, Harvard, Vancouver, ISO, and other styles
49

Shabbir, Munawar. "Impact of Working Capital Management on Profitability and Value of Firm: A Study of Manufacturing Sector of Pakistan." IBT Journal of Business Studies 14, no. 2 (2018): 1–12. http://dx.doi.org/10.46745/ilma.jbs.2018.14.02.01.

Full text
Abstract:
Manufacturing is third largest sector of Pakistan's economy. The manufacturing firms convert raw material to finished goods that is useful for people. The whole process (raw material to end product) requires huge amount of working capital. Any anomaly in working capital management directly effects on performance, profitability and value of firm. The present study explores impact of working capital management on profitability as well as on value of firm. The study collects random sample of 30 manufacturing firms registered on Pakistan Stock Exchange for twelve years (2005 to 2016). The regressi
APA, Harvard, Vancouver, ISO, and other styles
50

Reekie, WD. "The pricing of trees: A study of hold-ups, holdouts, buy-outs and sell-offs." South African Journal of Economic and Management Sciences 7, no. 4 (2004): 616–28. http://dx.doi.org/10.4102/sajems.v7i4.1293.

Full text
Abstract:
This paper draws on transactions cost analysis, price and auction theory, and competition authority findings in order to answer some questions on the structure and trading patterns of the South African forestry industry. Does a forestry firm linked contractually to supply an adjacent sawmill customer, form part of a bilateral monopoly? For competition policy what are the relevant markets each party sells into or buys from? Can either firm opportunistically hold-up the other in price revisions? Or, where contracts have no effective terminal date, can one party hold out against offers of contrac
APA, Harvard, Vancouver, ISO, and other styles
We offer discounts on all premium plans for authors whose works are included in thematic literature selections. Contact us to get a unique promo code!