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"We argue that a firm's aggregate risk is a key determinant of whether it manages its future liquidity needs through cash reserves or bank lines of credit. Banks create liquidity for firms by pooling their idiosyncratic risks. As a result, firms with high aggregate risk find it costly to get...
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Success in human resource management (HRM) depends on the question of whether applied practices of HRM meet specific contingency factors and are appropriately configured. Using this argument, the present article examines HRM in professional service firms (PSFs) in pursuit of three objectives....
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the New Frontiers -- 32. The Interface of Islamic Finance and Sovereign Wealth Funds -- 33.The Future of Sovereign Wealth … force in international finance. “The Palgrave Handbook of Sovereign Wealth Funds was written by experts in the field on both … Chair in Finance at the University of Oklahoma’s Michael F Price College of Business “This handbook is an excellent addition …
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