The effective way of development of national economy is defined by leading value of scientific and technical progress and intellectualization of major factors of manufacture. On a share of the new knowledge embodied in technologies, the equipment, formation, the organization of manufacture in...

Experimental evidence stresses the importance of so-called social preferences for understanding economic behavior. Social preferences are defined over the entire allocation in a given economic environment, and not just over one's own consumption as is traditionally presumed. We study the...

With deregulation in the electric power industry, traditionalapproaches for minimizing production costs have become unfit forthe present competitive environment. Owners of generationassets must now consider price uncertainty in solving unitcommitment problems for scheduling and operating their...

Mergers and acquisitions within the chemical industry is a common practice to increase market presence and customer base. Common justifications for M&A include synergy, business growth and competitive advantages, and management reasoning. Synergies are benefits a combined firm is able to receive...

ENGLISH ABSTRACT: This event study examines the effect that Black Economic Empowerment (BEE) announcements have on a companies' share price. The average mean return model is applied to study a sample of companies from the Financial Mail Top 200 Empowerment Companies list, 2007. The mean price...

Rate of return or cost of service regulation was the traditional means by which governments, especially in the USA, regulated profitability and prices in privately-owned public utility businesses. However, rate of return regulation was associated with efficiency disincentives. Hence, in 1983...

Desy Marliany Nasution, 2009. Influence of Cash Flows from Operation, Firm Size, Earnings and Economic Value Added to the Rate of Return of Banking Emiten Listed in Indonesia Stock Exchange, with counsellor commission; Ade FatmaLubis, (Chief) and Iskandar Muda (Member).This research aim to to...

Typescript (photocopy).

Most initial public offerings (IPOs) feature share lockup agreements, which prohibit insiders from selling their shares for a specified period of time following the IPO. However, some IPO firms agree to have a much longer lockup period than other IPO firms, and some are willing to lockup a much...

Volatility modelling is a key issue for the finance industry from an academic and practitioner perspective. This is understandable given the importance that volatility plays in risk management and the development of accurate risk measures in a univariate or multivariate framework. To illustrate,...