This paper studies corporate risk management in a context of financial constraints and imperfect competition in the product market. The paper shows that interactions between firms affect their hedging strategies. As a general rule, firms' hedging demands decrease with the correlation between...

Landslides are a severe problem during the rainy season in many mountainous regions in Asia where forests have been cut down so that mountain slopes are destabilized. In this study we analyze the extent and causes of landslides in a mountainous area in Northern Vietnam as viewed from the...

The subject matter on ethics has been recovered from philosophy due to the frequency that young executives show egotistic attitudes in detriment to concern towards others. This egocentric attitude leads to the vanishment of interest for the institution itself. On the other hand, the...

This paper analyses current career development practices due to the decrease aí job opportunities: 1. the lack of excellence in Business Administration programs; 2. the work market turbulences and 3. the growth of part-time jobs. Deep transformations are necessary in order to change the future...

The transition to retirement involves various disruptions, notably use of time and temporal perceptions. First, a qualitative study explores links between temporal perceptions and subjective experiences of retirement. Then, a quantitative study tests the influence of individual time perception...

Deeply linked to the operational modes of industrial society and to the characteristics of each country, the traditional and modern models compresive four kinds of career: bureaucratic, professional, enterprising and sociopolitic.

An exchange economy in which agents have convex incomplete preferences defined by families of concave utility functions is considered. Sufficient conditions for the set of efficient allocations and equilibria to coincide with the set of efficient allocations and equilibria that result when each...

Since the late 90s,, European industries of electricity and gas have been subject to a process of concentration at both horizontal and vertical levels. At first glance, this consolidation is quite natural since, on the one hand, the application of European directives to open to competition has...

A firm chooses a price and the product information it discloses to a consumer whose tastes are privately known. We provide a necessary and sufficient condition on the match function for full disclosure to be the unique equilibrium outcome whatever the costs and prior beliefs about product and...