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We examine term structure theories by using a novel approach. We form bond investment strategies based on different theories of the term structure in order to determine which strategy performs best. When using a manipulation-proof performance measure, we find that consistent with prior...
Persistent link: https://www.econbiz.de/10010989608
A real-effort experiment is investigated in which supervisors have to rate the performance of individual workers who in turn receive a bonus payment based on these ratings. We compare a baseline treatment in which supervisors are not restricted in their rating behavior to a forced distribution...
Persistent link: https://www.econbiz.de/10010990435
Understanding the drivers of performance is fundamental to the development of operations strategy and the effective management of operations. Emerging from the service management literature, the service profit chain is a framework which draws together many assumptions about the drivers of...
Persistent link: https://www.econbiz.de/10010906448
We overview the roles of production structure models in measuring fisheries’ productive performance to provide policy-relevant guidance for fishery managers and analysts. In particular, we summarize the literature on the representation and estimation of production structure models to construct...
Persistent link: https://www.econbiz.de/10010910186
This paper sets out to develop an economic framework for ex post evaluations of agri-environmental schemes. We begin by developing a non-parametric model for estimating farm-level environmental efficiency scores. We then use this efficiency framework to devise a set of economic criteria for...
Persistent link: https://www.econbiz.de/10008802656
This study sets out to address the question of whether the costs and thebenefitsof measuring intellectual capital assets differ dependingon thedriver for that measure.Although pressure is growing onfirms to measure and report on theirintellectual capital assets no research hasyet been published...
Persistent link: https://www.econbiz.de/10009463104
The use of non-financial performance measurements (such as quality, delivery and customer satisfaction) has received a lot of attention from practitioners and academics over the last two decades in developed countries. This research project is an exploratory study in Libya to investigate the use...
Persistent link: https://www.econbiz.de/10009463488
In this publication, we present the main findings of a research project into differences in organisation, management and activities between R&D cost centres, semi-profit centres, profit centres, and independent R&D businesses. First, a theoretical framework is presented and then the empirical...
Persistent link: https://www.econbiz.de/10009463527
Banking sector has a considerable impact on the development and growth of the national economy. Increase in the performance of this sector having an important place in the financial system of country, means to positive effects on the general economy. Today, importance of globalization and...
Persistent link: https://www.econbiz.de/10011210324
The aim of this article is to examine the contingency determinants in the performance of municipal public services of Cameroonian cities. This objective requires two related studies: the first consists of contributing to the understanding of municipal practices regarding the measurement of...
Persistent link: https://www.econbiz.de/10010754864