Richter, J. P., & Muhlestein, D. B. (in press). Patient experience and hospital profitability: Is there a link? Health Care Management Review. To assess whether, independent of a direct financial impact, a more positive patient experience is associated with increased profitability.  A positive patient experience is associated with increased profitability, and a negative patient experience is e...

Stocks with greater downside risk, which is measured by higher correlations conditional on downside moves of the market, have higher returns. After controlling for the market beta, the size effect and the book-to-market effect, the average rate of return on stocks with the greatest downside risk exceeds the average rate of return on stocks with the least downside risk by 6.55% per annum. Downsi...

Notes: Center discussion papers are preliminary materials circulated to stimulate discussion and critical comments.

There is few papers that analyse South East Asian firm board size and this paper adds to this literature; focusing on the larger listed firms in Hong Kong, Indonesia, Malaysia, the Philippines, Singapore and Thailand. While it is apparent that large firms have large boards there is also more subtle cross-country variation concerning the impact of leverage and profitability on board size. Finall...

By influencing the size and bargaining power of private insurers, public subsidization of private health insurance may project effects beyond the subsidized population. We test for such spillovers by analyzing how increases in insurer size resulting from the implementation of Medicare Part D affected drug prices negotiated in the non-Medicare commercial market. On average, Part D lowered prices...

This article quantifies the impact of Wal-Mart Supercenters on supermarkets’ profitability via a two-stage dynamic entry game, using method of simulated moments and milk scanner data from Dallas/Fort Worth supermarkets. The empirical findings show that the entry of Wal-Mart Supercenters accounts for about an average 50% decrease in milk profit margins for incumbent supermarkets. Effects of scal...

Profitability of calf-fed and back-grounding yearling systems was determined based on actual production data and prices from 1996 to 2007, and variability across years was compared. The two systems exhibited similar profits, on average, but the calf-fed system showed less profit variability, suggesting there is more risk inherent in a yearling back-grounding and finishing system. Also, profitab...

In this study, the data of 147 companies whose stocks are traded in Borsa Istanbul and operating manufacturing sector between 2011-2019 probability working capital management to be above average companies' return on assets equity profitability was examined. Panel logistic regression analysis used study. As a result analysis; 1% increase current ratio increases company sectoral asset ratio, whil...

BACKGROUND Free ranging foraging animals can vary their searching intensity in response to the profitability of the environment by modifying their movements. Marine diving animals forage in a three dimensional space and searching intensity can be varied in both the horizontal and vertical planes. Therefore understanding the relationship between the allocation of searching effort in these two sp...

Customer value creation is allegedly at the centre of relationships between service recipients and service providers (such as financial service organisations in general, and commercial banks in particular). This research considers the role of customer value creation in the strategic response of banks to external changes in their growth opportunities. The analysis established that there had been...