This paper studies the effects of capacity utilization on accounting profit margins and stock returns. Since accounting … profit margins represent the average profit per unit and not the economists' concept of unit contribution margin, the … marginal/variable profit per unit, a firm with idle capacity can increase its profit margins by increasing sales (output). But …

Established in 1988, the Shingo Prize for Operational Excellence recognises organisations in the USA, Mexico and Canada …

effect). This study has practical implications for regulators, corporations and investors, both in the USA and abroad. …

several factors, including, evidence of massive private sector profit making, the failure of private sector financiers to … with the goal of securing favourable profit and risk outcomes. These dynamics are illustrated with reference to the history …