Using data for the 186 public corporations in which the CEO's total annual remuneration exceeded NIS 1 million in 1997, we examine the statistically significant variables affecting the CEO's salary and the mean compensation of the five top executives. The results of our cross-sectional...

We investigate 218 Related Party Transactions (RPTs) in Israel, an economy characterized by a high percentage of closely held firms, and identify a non-linear inverted U connection between the value effect of RPT and the level of firm ownership concentration. This non-linear connection is...

The Time-to-Market in the presence of a window of opportunity is analyzed using a probabilistic model; i.e.; a model where the completion time of new product development is a random variable characterized by a gamma distribution. Two cases are considered: the first, a case where the discounted...

This paper presents an optimization model for maximizing the insurer’s underwriting profits in any particular line of insurance at a point in time. We propose the use of mathematical programming to maximize underwriting profits when the objective function is expressed as a nonlinear convex...