China has undergone extensive reform of its business system in its rapid transition to a market economy. In this process, the success of enterprises has depended heavily on changing structural conditions, such as the transformation of ownership and market competition, on the ability of...

The objective of this study is to evaluate and model the risks of corn and soybean production. This study focuses on the risk of revenue variability that arises from changes in prices, yields shortfalls or both. There are several models for price and yield risk factors for corn and soybeans. For...

The objective of this study is to evaluate and model the yield risk associatedwith major agricultural commodities in the U.S. We are particularly concernedwith the nonstationary nature of the yield distribution, which primarily arisesbecause of technological progress and changing environmental...

At the macro-level, economic reform in the PRC since 1978 has led to the implementation of a multi-ownership system. The consequent transformation of Chinese formerly state-owned enterprises (SOEs) has been a major way of improving efficiency and increasing competition. However, the...

Indonesia is facing a rapid institutional change arising from the 1997 Asian Crisis, and state-owned enterprises (SOEs) were forced to undertake a transformation to survive in the increasing market competition and to revive their roles as the engine of economic growth. This included measures to...