This paper analyzes the change in the capital structure behavior in a sample of Spanish venture capital (VC) backed firms after the first capital infusion. We find that VC investors contribute to unlisted growing firms in the attraction of other long term sources of funds to continue their growth process. Our results show significant changes in determinants such as tangibility, size and profita...

A collaborative network is a network consisting of a variety of autonomous actors (e.g. enterprises, organizations and people) that collaborate to better achieve common or compatible goals. A collaborative network starts with a contract and then the collaboration partners conduct business as described in the contract. Before engaging in such a collaboration, partners need to reach an agreement ...

This paper proposes a two-dimensional efficiency decomposition (2DED) of profitability for a production system to account for the demand effect observed in productivity analysis. The first dimension identifies four components of efficiency: capacity design, demand generation, operations, and demand consumption, using Network Data Envelopment Analysis (Network DEA). The second dimension decompos...

Efficiency and profitability in plant operation

This paper discusses the effect of commercial alternative and conventional farming systems on soil quality and farm profitability in several countries. Soil quality and farm profitability are two of several indices that measure agricultural sustainability. These studies indicated that the organic and biodynamic farming systems have soils of higher biological, physical, and in many cases chemica...

The ultimate goal of any testing strategy is to measure profitability. This paper measures the profitability of simple technical trading rules based on nonparametric models which maximize the total returns of an investment strategy. The profitability of an investment strategy is evaluated against a simple buy-and-hold strategy on the security and its distance from the ideal net profit. The pred...

Sehrish Gul Faiza Irshad Khalid Zaman The purpose of this research is to examine the relationship between bank-specific and macro-economic characteristics over bank profitability by using data of top fifteen Pakistani commercial banks over the period 2005-2009. This paper uses the pooled Ordinary Least Square (POLS) method to investigate the impact of assets, loans, equity, deposits, economic g...

Airlifting technology utilized in deep-sea mining (DSM) industry was proposed in the 70s of last century, which was triggered by the discovery of vast amounts of mineral resources on the seabed. The objective of this paper is to assess the technological feasibility and profitability analyses in terms of solid production rate, energy consumption per tonnage of mineral, and profitability per tonn...

In the last years equity exchanges have diversified their operations into business areas such as derivatives trading, posttrading services, and software sales. Securities trading and post-trading are subject to economies of scale and scope. The integration of these functions into one institution ensures efficiency by economizing on transactions costs. Using balanced panel data from major equity...

Although the use of RFID in the supply chain still lags behind expectations, its appeal to practitioners and researchers remains unabated. Apart from technical challenges, the profitability of an RFID deployment is a major concern for potential customers. A promising way to increase an RFID solution’s profitability is to use RFID transponders in several companies along the supply chain and shar...