AIB Insights Vol. 13, No. 3 this disseRtation aims to contRibute to the theoretical and empirical literature of the multinational subsidiary strategy and performance. First, this study adopts an innovative approach to theory development by integrating internalization theory (Buckley & Casson, 1976; Hennart, 1982; Rugman, 1981) in the international business literature with the pecking order theo...

  Funding combination is the most important issue for the companies while they know the amount of required capital. Companies should be careful regarding the appliance of financial providing methods compatible with the investment strategy of company and profitability. This study seeks to examine the relationship between the capital structure and the profitability of pharmaceutical companies in...

  Funding combination is the most important issue for the companies while they know the amount of required capital. Companies should be careful regarding the appliance of financial providing methods compatible with the investment strategy of company and profitability. This study seeks to examine the relationship between the capital structure and the profitability of pharmaceutical companies in...

In a commentary in Frontiers, Van Rooijen (2014) states: “Today the developments in genetics are exciting. Perhaps this explains why geneticists sometimes seem to overlook common sense solutions. One example of this is the selection experiment done by Bijma et al. (2007a,b). . . . . . .As a result their selection seemed not very efficient.” In those two papers, however, we do not report a selec...

Pigeons were given a small, immediate food reinforcement for pecking a key, and a larger, delayed reinforcement for not pecking this key. Most subjects pecked the key on more than 95% of trials. However, when pecking a differently colored key at an earlier time prevented this option from becoming available, three of 10 subjects consistently pecked it, thereby forcing themselves to wait for the ...

We examine the impact of explicitly incorporating a measure of debt capacity in recent tests of competing theories of capital structure. Our main results are that if external funds are required, in the absence of debt capacity concerns, debt appears to be preferred to equity. Concerns over debt capacity largely explain the use of new external equity financing by publicly traded firms. Finally, ...

1. The aim of the present study was to investigate whether individual birds specialise in feather pecking. Growers were individually marked and reared in groups of 30 or 31 in pens with a slatted floor. At an age of 4 to 6 weeks feather pecking was frequent in all pens. 2. On average 83% of all group members (10 groups, experiment 1) were recorded at least once as initiator of a feather pecking...

The subject of research in the paper is capital structure companies Republic Serbia. sample consists that operated manufacturing industry Serbia period 2006–2020. aim to identify firm-specific variables have significant influence on analyzed companies. Using a panel data methodology, three leverage models were estimated: long-term leverage, short-term and total leverage. results confirm importa...