This paper presents results of a managerial information system prototype developed for modern agriculturalists in the Brazilian Cerrado´s Region. It follows a case study approach. One medium scale (422 hectares) of operation was envisioned, archetypical accounting framework was established,...

We investigate the impact of growth opportunities on the financing decisions of investor-owned electric utilities in the U.S. when the electricity sector was deregulated. We find that the relationship between leverage and growth opportunities can be positive or negative, depending on the nature...

Banks must take various risks, especially credit risks from granting credit, however, they should take action against risks in order to adopt an optimal portfolio between risks and returns. Thus, recent advances in risk management formulas in banking may facilitate credit availability, enabling...

This study aims to investigate the effect of IT loan on performance of banks. The empirical analysis is grounded on the panel data from 1998 to 2002. The results find that there is negative significant influence as banks increase their loan ratios to the IT industry. Meaningfully, during the...

China's banking system has undergone gradual reform since 1978, with a view to improving efficiency and resource allocation. Recent reforms have focused on allowing banks to list some shares on domestic and foreign exchanges, greater foreign equity participation in Chinese banks, and the...

The purpose of this work is to study on compensation packages for top management teams. The analysis focuses on the annual pay plus change in equity portfolio value, how its level, pay-performance sensibility and structure vary across managerial categories, and the impact of these variations on...

This study documents a decline in the levels of corporate ownership concentration between 1996 and 2007. When compared to previous studies, the incidence of ownership stakes of 20% or larger has decreased form 60% to 41% of the total population of publicly listed Canadian firms. Regional...

Directors of corporations governed by a single board (i) Have excessive and unethical powers to become quot;Sources of riskquot; and (ii) Lack processes to systematically obtain information independently of management on the Strengths, Weaknesses, Opportunities and Threats (SWOT) of either their...

I model the capital-risk-profit relation in a simultaneous three-equation model. The results show no systematic relation between risk and profit which is consistent with the view that risk is chosen optimally. Taking this as given, the equilibrium relation between capital and profit depends on...

Directors of corporations governed by a single board are exposed to (i) reputational risk with personal liability from possessing absolute power to manage their own conflicts of interest and (ii) absence of power to systematically obtain information independently of management on the Strengths,...