A central issue in the economics of the firm is the effect of organizational form. I use data on oil and gas drilling in the Gulf of Mexico to measure how a corporate alliance – a group of firms that develops an offshore tract as joint owners – performs relative to a solo firm. To address the endogenous matching of investment projects and organizational forms, I employ a regression discontinuit...

The Ministry of Finance China has proposed a new lease accounting model to the existing standard that requires capitalization all operating leases as assets and liabilities. In this case study, key effects application — Accounting Standard for Business Enterprises 21 (ASBE 21), on financial statements ratios listed companies in Chinese air transport industry have been analyzed investigated. Sig...

Trends in refrigerated trucking since the 1980s were examined. Owner-operators have maintained their importance, but are more likely to operate under leases. Equipment replacement and utilization rates are good. Finally, drivers express high levels of satisfaction with driving and compensation and the large majority intend to remain in the profession.

Industrial agricultural plantations are a rapidly increasing yet largely unmeasured source of tropical land cover change. Here, we evaluate impacts of oil palm plantation development on land cover, carbon flux, and agrarian community lands in West Kalimantan, Indonesian Borneo. With a spatially explicit land change/carbon bookkeeping model, parameterized using high-resolution satellite time ser...

This paper presents the design and implementation of Shirako, a system for on-demand leasing of shared networked resources. Shirako is a prototype of a serviceoriented architecture for resource providers and consumers to negotiate access to resources over time, arbitrated by brokers. It is based on a general lease abstraction: a lease represents a contract for some quantity of a typed resource ...

M UCH OF THE RESEARCH examining the effects of energy development on Indian and Eskimo groups con~ eludes that such resource extraction projects bring few real bene~ fits to local communities. Reviewing the impact of the Navajo Tribal Council's leasing of oil, natural gas, helium, and coal to energy corporations, Robbins (1978) argues that these sales have improved the economic position of only...

By 2020, new accounting rules for operating leases were applicable to publicly traded companies reporting under either the US Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS). The authorities both standards noted that developed increase transparency of lease transactions provide more relevant and comparable information. We compare two Brazili...