A conceptual framework for analyzing the credit rationing and the link between credit access and profitability is … and its impact on profitability in transition economies. The results from the switching regression suggest that the … presence of credit market constraints does impinge on profitability of credit rationed firms and support the credit crunch …

not ‘profit maximization’ but the differential accumulation of social power. Using this framework as a theoretical …

of zombie firms in the Pakistani context with low liquidity, low solvency, non-profitability, inefficiency, and …

investment function are estimated econometrically. The ARDL-based approach proposed by Pesaran et al. (2001) is argued to be … been declining while profit rates have shown a tendency to rise. The author concentrates on one potential explanation of …

. Rejecting the canonical hold-up prediction - that increasing labor's power reduces owners' investment incentives - we find … profitability or debt capacity. It lowers outsourcing. The evidence is consistent with richer models of industrial relations whereby …