Showing 1 - 10 of 35
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
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
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
Recent research has demonstrated that choices between gambles are systematically influenced by the way they are expressed. Kahneman and Tversky's Prospect Theory (1979) explains many of these "framing" effects as shifts in the point of reference from which prospects are evaluated. This paper...
Persistent link: https://www.econbiz.de/10009441007
This paper evaluates Nordhaus’s neoclassical complaints about the Stern Review from the vantage point of classical growth theory. Nordhaus argues that the Stern Review exaggerates the effects of global warming because it uses a discount rate that is well below the market rate of return on...
Persistent link: https://www.econbiz.de/10009468160
Paper prepared for presentation at the 7th Industrieforum PelletsStuttgart (Germany), 10th October 2007 …Compared to other heating markets the wood pellets market is quite young and small in Germany. Nevertheless it is a … within the scope of this project. Therefore people in different parts of Germany have been asked about their heating system …
Persistent link: https://www.econbiz.de/10009442671
procuring full remuneration throughout the leave period. However, the mandatory maternity leave system in Germany is not an …
Persistent link: https://www.econbiz.de/10009467525
of uncertainty measures based on GSOEP data from Eastern (and for comparison purposes also Western) Germany for the years … Eastern Germany during its transition than in Western Germany and had a highly nonlinear effect on the probability of a birth … uncertainty in East Germany in the transition could have contributed significantly to the sharp fall and unusually low level of …
Persistent link: https://www.econbiz.de/10009476843
In this study, we seek to better understand the interest rate pass-through in five Central and Eastern European countries -- the Czech Republic, Hungary, Poland, Slovakia and Slovenia, the CEE-5. Our pass-through estimates for several retail rates are generally lower than those reported in the...
Persistent link: https://www.econbiz.de/10009476888