ARTICLE IN PRESS Journal of Accounting and Economics 45 (2008) 27–54 www.elsevier.com/locate/jae The contracting benefits of accounting conservatism to lenders and borrowers$ Jieying Zhangà Leventhal School of Accounting, University of Southern California, Los Angeles, CA 90089, USA Received 1 March 2004; received in revised form 17 May 2007; accepted 8 June 2007 Available online 19 July 2007 Abstract This paper examines the ex post and ex ante benefits of accounting conservatism to lenders
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strategy (segmentation, targeting, positioning) 3- Designing a marketing program (Product, price, promotion, place) Marketing - Session 1 MARKETING MANAGEMENT AND STRATEGIC PLANNING Marketing management is the art and science of choosing target markets and getting, keeping, and growing customers
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應 用 經 濟 論 叢 ， 89 期 ， 民 國 100 年 6 月 −153− The Dynamics Analysis and Simulation of the Macro Economic Behavior of Taiwan’s Invigorating Economy Consumption Voucher Wen-Chin Wei∗ Abstract Given the severe global economic downturn, countries are using a variety of possible economic policies to try to help their economies recover. This study adopts system dynamics from the dynamic perspective to investigate how Taiwan’s decision to issue time-limited consumption vouchers will influence macro
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reorganization) received loans for three months in order to come up with specific plans to restructure into viable companies. Nowadays, Fiat decided to make a new turn toward the luxury market. II- Why we chose Chrysler For this project, we decided to choose a venture which is an active actor of the current economy on a dynamic market. Indeed, this month of February 2012 was
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J.KAU: Islamic Econ., Vol. 19, No. 2, pp: 3-20 (2006 A.D./1427 A.H.) Monetary Dynamics and Gold Dinar: An Empirical Perspective MANSOR H. IBRAHIM* Professor of Economics International Islamic University Malaysia, Malaysia E-mail: mansorhi@iiu.edu.my. ABSTRACT. According to proponents of Gold Dinar particularly Meera and Aziz (2002), termed as Dinarists’, the fiat monetary system is inherently unstable. In providing an empirical perspective on this contention, this paper investigates monetary
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Risk in Housing Markets: An Equilibrium Approach⇤ Aurel Hizmo† NYU Stern January 30, 2012 Abstract Homeowners are overexposed to city-specific house price risk and income risks, which may be very di cult to insure against using standard financial instruments. This paper develops a micro-founded equilibrium model that transparently shows how this local uninsurable risk a↵ects individual location decisions and portfolio choices, and ultimately how it a↵ects prices in equilibrium. I estimate a version
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2.3. Assess the significance of stakeholder analysis when formulating new strategy 2.3.1. Stakeholder significance grid Internal stakeholder: Manager, Employee “The Volkswagen Group, with its headquarters in Wolfsburg, Germany, is one of the largest automobile manufacturers in the world and the largest carmaker in Europe. The Group operates in more than 62 production plants in Europe, the Americas, Asia and Africa. Around the world, more than 400,000 employees produce about 30,000 vehicles that
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Case study 1.1 What did that really cost you? Economists measure costs using a concept called opportunity cost. The opportunity cost of an action is the resources used when that action is taken valued in their next best alternative use. It is the problem of scarcity that explains why economists think opportunity cost is the appropriate measure of cost. Scarcity of resources implies that the real cost of an action to society is the resources that are used when that action is taken. Therefore, to
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A System Dynamics Study of Instability in the Colombian Coffee Market by Juan Fernando Perez Velasquez Thesis Submitted in Partial Fulfillment of the Requirements for the Degree of Master of Philosophy in System Dynamics System Dynamics Group Department of Geography University of Bergen 2010 Abstract The coffee market in Colombia is highly unstable, being more unstable in the last 20 years (since the removal of the ICO agreement). During 1980 and 1990 the coffee price was varying around
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MP A R Munich Personal RePEc Archive The Pecking Order, Trade-off, Signaling, and Market-Timing Theories of Capital Structure: a Review Anton Miglo University of Bridgeport 2010 Online at http://mpra.ub.uni-muenchen.de/46691/ MPRA Paper No. 46691, posted 6. May 2013 19:07 UTC The Pecking Order, Trade-off, Signaling, and Market-Timing Theories of Capital Structure: a Review Anton Miglo Associate professor, University of Bridgeport, School of Business, Bridgeport, CT 06604, phone
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