magnetic levitation (maglev) is amongst the most advanced technologies that are available to the transportation industries. it has already been noticed by decision makers in many countries around the globe. contrary to such high levels of interest, there are no practical algorithms available to the engineers and/or managers to assist them in analyzing economics of the maglev systems. therefore,...

Drawing on agency theory concerning corporate social responsibility (CSR) activities, this study investigates the relationship between performance (CSP) and financial (CFP) at each stage of firm life cycle (FLC). It also verifies how is affected by large business groups. This shows a significant positive CSP CFP growth mature stages. more pronounced in firms than firms. result indicates that CS...

Abstract In order to identify the economic driver of negative investment-cash flow sensitivities (ICFS), we derive testable predictions from extending a theoretical investment model with endogenous financing costs (“revenue effect”) and contrast them corporate life-cycle hypothesis. We find that firms (i) lower levels long-term debt display stronger ICFS, (ii) more risky revenues invest more, w...

The last few years witnessed the increasing internal and external use of the Internet by organizations. Web sites grew in sophistication from conventional sites composed of a simple collection of Web pages for public relations or marketing to complex Web information systems dealing with business-tocustomer transactions or business-to-business networks. However, most organizations still do not h...

This paper describes the positive effect that corporate income tax has on capital formation in the presence of liquidity constraints and uninsurable risk. The author uses a dynamic generalequilibrium model in which individuals choose whether to become entrepreneurs or workers. Workers save by holding corporate equity and therefore are subject to double taxation, as the return on their savings i...

In order to avoid dangerous climate change greenhouse gas accounting methods are needed to inform decisions on mitigation action. This paper explores the differences between ‘attributional’ and ‘consequential’ greenhouse gas accounting methods, focusing on attributional corporate greenhouse gas inventories, consequential life cycle assessment, and project/policy greenhouse gas accounting. The c...