The paper shows that producer-owned firms are more efficient in quality provision than investor-owned firms if input quality is observable, while they are less efficient when the input quality is unobservable and the size of the organization is large.

We study the incentives for quality provision in a farmer-owned cooperative (co-op) and an investor-owned firm (iof). The quality of the final product is a function of the quality of the inputs, which are determined by the farmers? unobservable efforts. The input qualities are unobservable at...

In combination with the data of loss-making listed companies in manufacturing industry at capital market in 2008-2010, this paper analyzed the characteristics of loss of listed companies. Major reasons include the blind investment of management personnel, low operation and management level,...

Aircrafts hold the outstanding mastery of the sky in modern wars, however the laser beam weapons can carry out laser attacking to aircrafts. The purpose of the present paper is to research on a new type laser protective material. Polycarbosilanes (PCS)/divinylbenzene mixtures containing ZrO2...

The realistic three dimensional (3D) microstructure of lithium ion battery (LIB) electrode plays a key role in studying the effects of inhomogeneous microstructures on the performance of LIBs. However, the complexity of realistic microstructures imposes a significant computational cost on...