Purpose: This paper aims to focus on applications of stochastic linear programming (SLP) to managerial accounting issues by providing a theoretical foundation and practical examples. SLP models may have more implications – and broader ones – in industry practice than deterministic linear...

In the past decades, Corporate Social Responsibility (CSR) has attracted increasing attention, with Corporate Environmental Responsibility (CER or Environmental CSR) playing an ever important role. This paper aims to study whether and how Chinese shareholders are sensitive to the disclosure of...

Purpose: Based on the typical service supply chain (SSC) structure, the authors construct the model of e-tailing SSC to explore the coordination relationship in the supply chain, and big data analysis provides realistic possibilities for the creation of coordination mechanisms....

This paper incorporates the dividend recovery feature into the variable disaster model of Gabaix (2012). The recovery redistributes risk to the short end and volatility to the long end, leading to the following equity term structures: (1) for one-period return, the average slope is downward with...

Problem definition: Fulfillment flexibility, the ability of distribution centers (DCs) to fulfill demand originating from other DCs, can help e-retailers reduce lost sales and improve service quality. As the cost of full flexibility is prohibitive, we seek to understand the value of partially...

For each S&P 500 stock, I calculate the rolling correlation between the VIX and the premium of butterfly at different strikes. The butterfly that co-moves most positively with VIX reveals the expectation of the stock’s return in the future market crash. I call this return the Butterfly Implied...

For a connected graph <InlineEquation ID="IEq1"> <EquationSource Format="TEX">$$G=(V,E)$$</EquationSource> </InlineEquation> and a positive integral vertex weight function <InlineEquation ID="IEq2"> <EquationSource Format="TEX">$$w$$</EquationSource> </InlineEquation>, a max-min weight balanced connected <InlineEquation ID="IEq3"> <EquationSource Format="TEX">$$k$$</EquationSource> </InlineEquation>-partition of <InlineEquation ID="IEq4"> <EquationSource Format="TEX">$$G$$</EquationSource> </InlineEquation>, denoted as <InlineEquation ID="IEq5"> <EquationSource Format="TEX">$$BCP_k$$</EquationSource> </InlineEquation>, is a partition of <InlineEquation ID="IEq6"> <EquationSource Format="TEX">$$V$$</EquationSource> </InlineEquation> into <InlineEquation ID="IEq7"> <EquationSource Format="TEX">$$k$$</EquationSource> </InlineEquation> disjoint vertex subsets <InlineEquation ID="IEq8"> <EquationSource Format="TEX">$$(V_1,V_2,\ldots ,V_k)$$</EquationSource> </InlineEquation> such that each <InlineEquation ID="IEq9"> <EquationSource...</equationsource></inlineequation></equationsource></inlineequation></equationsource></inlineequation></equationsource></inlineequation></equationsource></inlineequation></equationsource></inlineequation></equationsource></inlineequation></equationsource></inlineequation></equationsource></inlineequation>

Drought is one of the major natural disasters occurring in China and causes severe impacts on agricultural production and food security. Therefore, agricultural drought vulnerability assessment has an important significance for reducing regional agricultural drought losses and drought disaster...

Chinese Low-rent housing subsidy has been increasing year by year. However, it will be a very one-sided view if we only take the increasing number of subsidy into consideration when evaluating the effects of subsidy policy on low-rent housing lessees. Thus we studied on the impact of subsidy...