We investigate the determinants of giving in a lab-in-the-field experiment with large stakes. Study participants in urban Mozambique play dictator games where their counterpart is the closest person to them outside their household. Dictators share more with counterparts when they have the option of giving in kind (in the form of goods), compared to giving that must be in cash. Qualitative post-...

BACKGROUND Cash transfer programmes are increasingly recognised as promising and scalable interventions that can promote the health and development of children. However, concerns have been raised about the potential for cash transfers to contribute to social division, jealousy and conflict at a community level. Against this background, and in our interest to promote community participation in c...

a r t i c l e i n f o a b s t r a c t Donations in-kind can be a mixed blessing for charities, who are often more adept at solicitation than resale. Many organizations rely on raffles to turn donations into cash, but auctions are also common. Theory predicts that all-pay mechanisms should produce more revenue than winner-pay mechanisms, but the empirical literature is thin and inconclusive. Dra...

Price-earnings (P/E) ratios should be positively related to growth and negatively related to interest rates and risk. Whereas earlier investigations of the determinants of P/E ratios find these links to be weak, results of recent research estimating the cost of capital imply stronger links. The two sets of research employ different sets of proxies for P/E ratios (trailing vs. forward ratios), g...

We model the interplay between cash and debt policies in the presence of financial constraints. While saving cash allows constrained firms to hedge against future cash flow shortfalls, reducing current debt – “saving borrowing capacity” – is a more effective way of securing investment in high cash flow states. This trade-off implies that constrained firms will allocate cash flows into cash hold...

This study aims to determine the analysis of differences in financial performance property and real estate companies listed on Indonesia Stock Exchange (IDX) before during Covid-19 pandemic as measured using ratios, solvency activity ratiod, profitability ratios. The method used is purposive sampling where from 62 there are 47 based certain considerations accordance with criteria carried out. t...

The optimal outcome of a firm in bankruptcy is to liquidate if its asset value is greater than its value as a going concern or, alternatively, to reorganize if it is worth more as a going concern. In this study, we identify firm asset and liability characteristics which may determine the likelihood of a firm successfully emerging from bankruptcy. We find two key factors influencing the success ...

Providing such assistance has been the dominant strategy for combating poverty in the United States for many years. Yet it has been remarkably unsuccessful. There is no state where a welfare check will raise a four-person family above the g o v e rn m e n t ’s official poverty line ($18,104 in 2001). Add in the fact that the official poverty lineis a pretty stingy standard that has not kept pac...

In the era of rapid growth and high competition, a company must possess an information/knowledge advantage in order to hold the upper hand in the industry. Therefore, the company has to continuously monitor its competitors in order to get enough information and convert the information into competitive knowledge. Although information technology has been used in many areas and has many successful...