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During Peter Drucker's talk entitled "The Organization in Transition – Are the Traditional Functions Obsolete?" he discusses functions that remain centers of specialized knowledge and training, but cease to constitute the organizational base of the work itself. During his lecture, he talks...
Persistent link: https://www.econbiz.de/10009429635
Value-based management systems concentrate on actions that generate value for the shareholders in the wealth creation process (Fisher 1995; Lieber 1996; Walbert 1994). This study focuses explicitly on profitability, growth, and capital intensity as drivers of the value of the firm by extending a free...
Persistent link: https://www.econbiz.de/10009459063
Financial literature of cash or liquidity management has recently focused on the role of financial constraints on firms’ liquidity decision. Even though the accessibility to capital market is considered as one of major topics in hotel firms’ financial management considering high usage of...
Persistent link: https://www.econbiz.de/10009468107
This research is aimed to test and describe information of operating cash flow, gross profit margin and net income influence simultaneously and partially in predicting entities future cash flow listed in Indonesian Stock Exchange.The object of the research is property and real estate companies...
Persistent link: https://www.econbiz.de/10009480831
This dissertation is composed of two distinct chapters. The first chapter is concerned with the secular trends in corporate cash holdings and the determinants of the changing cash policies for seven industrialized countries--Australia, Canada, France, Germany, Japan, the US, and UK. In the first...
Persistent link: https://www.econbiz.de/10009431815
Transition economies in Central and Eastern Europe have already completed the initial stabilization reforms and initiated the process of accession to European political and economic structures. Nonetheless, consensus exists that transition reforms are not complete. The state continues to exhibit...
Persistent link: https://www.econbiz.de/10009430002
Through the remarkable growth of over a decade China's rural industry has already become an important pillar of its national economy. The primary goal of this dissertation is to place China's rural industry in a historical and a market economic perspective in an efforts to link its rapid...
Persistent link: https://www.econbiz.de/10009431390
This dissertation extends previous research on bubbles by investigating whether changes in the financial asset prices of the S&P500 reflect changes in fundamentals. We propose that if this is not the case the volatility is due to a bubble. Hence, this is the general hypothesis from which several...
Persistent link: https://www.econbiz.de/10009431432
This thesis takes a theoretical and analytical look at the implicit prices of housing characteristics in a South Florida submarket. Chapter II analyzes some of the vast body of previous studies that employ Econometric Techniques. Chapter III presents the information revealed by an examination of...
Persistent link: https://www.econbiz.de/10009431435
This thesis examines as well as compares three oligopoly models. In Seade (1980), the effect of entry on outputs and profits is analyzed. Firms may respond to entry in a perverse way by increasing their outputs. The equilibrium price set by firms always rests above marginal costs. In Perloff and...
Persistent link: https://www.econbiz.de/10009431442