Purpose: The purpose of this study is to examine both the separate effects and the interaction effects of business process improvement (BPI) and human resource enhancement (HRE) on operational performance in manufacturing firms and to examine the moderating effect of product life cycle (PLC)....

During the years 2006 and 2008, semi-mandatory regulations of paying dividends published by the SEC set minimum payout levels for those firms who would like to use equity financing. This institutional background makes the payout behavior of Chinese listed firms show different patterns from...

This paper investigates whether prospect theory (PT) or a preference for lottery-like gains on stocks can explain the peculiarities of IPO returns in China. Chinese IPOs offer investors two potential lottery-like gains. One is potentially huge first day returns as Chinese issuers leave more...