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We analyze the interaction of firm product quality and pricing decisions with financial distress and bankruptcy in the airline industry. We consider an airline's choices of quality and price as dynamic decisions that trade off current cash flows for future revenue. We examine how airline...
Persistent link: https://www.econbiz.de/10013122187
A recent literature has introduced heterogeneous firms into models of international trade. This literature has adopted the convention of treating individual firms as points on a continuum. While the continuum offers many advantages this convenience comes at some cost: (1) Shocks to individual...
Persistent link: https://www.econbiz.de/10013066573
How does increasing globalization affect corporate transparency? Freer trade represents different facets and in theory has ambiguous effects on corporate transparency. On the one hand, by exposing firms to more product market competition, it could discourage discretionary disclosure. On the...
Persistent link: https://www.econbiz.de/10013067063
Background: In response to calls for actionable research that considers ongoing pandemic risk dynamics, we explore how risks experienced and risk mitigation techniques used have changed during the first year of the pandemic. Methods: We used a survey and studied six cases; data were collected...
Persistent link: https://www.econbiz.de/10012661404
Effective management of cotton production logistics (CPL) against volatile environmental conditions while maintaining product quality and yield at acceptable costs has become challenging due to increasing global population and consumption and climate change. In CPL, the harvesting, processing,...
Persistent link: https://www.econbiz.de/10012426092
Background: Endogenous and exogenous factors impact the operational characteristics of supply chains, affecting wholesale warehouses. The survival of a warehouse is often threatened by disruptive events that alter infrastructure and performance. The emergence of COVID-19 exemplified the need for...
Persistent link: https://www.econbiz.de/10014454776
Background: Enhancing the resilience of global supply chains has become of increasing priority in response to recent natural disasters and the COVID-19 pandemic. Methods: This paper presents findings from semi-structured interviews with five Japanese companies conducted between November 2020 and...
Persistent link: https://www.econbiz.de/10014370498
Background: As industry and society move towards the second decade of the deluge of advanced technologies of the Industry 4.0 (I4.0) age, introduced circa 2012, it is evident that the global economy continues to grapple with a plethora of ever-intensifying disruptions and vulnerabilities that...
Persistent link: https://www.econbiz.de/10014393300
Background: For several years, two of the major concerns of logistics managers are (i) the visibility of global supply chains and (ii) the uncertainty in deciding which existing logistics security program is the most appropriate according to the security levels for their organization. This last...
Persistent link: https://www.econbiz.de/10014507566
Under the New Basel Accord bank capital adequacy rules (Pillar 1) are substantially revised but the introduction of two new quot;Pillarsquot; is, perhaps, of even greater significance. This paper focuses on Pillar 2 which expands the range of instruments available to the regulator when...
Persistent link: https://www.econbiz.de/10012755627