Jiangsu and Zhejiang are of two of China most prosperous and dynamic provinces. This paper first presents a factual account of two empirical phenomena: 1) FDI has played a more substantial role in the economic development of Jiangsu than in Zhejiang, and 2) ownership biases against domestic private firms in Jiangsu were more substantial than in Zhejiang. The paper hypothesizes that there is a c...

We study the joint delegation of operating and disclosure choices in a multiprincipal agent setting. We find that joint delegation alters both the incentives to deviate from profit– maximizing operating choices and disclosure policy adoption choices. Incentive weights on revenues are greater for the firm with greater ex ante cost uncertainty, greater expected market size and greater expected pr...

Public institutions generally consider only the features list and the price in tenders while acquiring commercial-of-the-shelf (COTS) software products. Yet non-functional requirements of software often dominate them in terms of cost-benefit analysis and total cost of ownership (TCO). In this paper, we emphasize the non-functional requirements that need to be included in the technical scoring/e...

It is noticeable that the evaluation of computer software is often dominated by the license cost and the number of functionality boxes that can be ticked. This tends to disadvantage more intelligent software, which whilst it may perform the same functions, does so in a smarter way that will tend to provide a greater capability, robustness, and speed of operation, together with a lower total cos...

Business strategies can be clustered in three different and mutually exclusive categories: customer intimacy, operational excellence, and product leadership and innovation. This paper links these strategies to three key forces in the “IT driver model”: availability, total cost of ownership, and adaptability. Application of the model reveals four areas in need of management attention: (1) incomp...

Even within the financial crisis Global Sourcing is gaining more and more importance. Although a lot of European companies have already a long experience with international supply markets, uncertainties about the consequences and the costs related to a specific international supplier selection still remain. The Total Cost of Ownership concept is an interesting approach in order to cope with thi...

This paper generalizes the Myers and Majluf (1984) model by introducing an agency cost structure based on private benefits of control. This new model predicts that many corporate finance variables each have opposing effects on underand overinvestment. Private benefits exacerbate overinvestment but, interestingly, a small amount of private benefits can enhance firm value by alleviating underinve...

Technical support contributes 17% of the total cost of ownership of today’s desktop PCs [20]. An important element of technical support is troubleshooting misconfigured applications. Misconfiguration troubleshooting is particularly challenging, because configuration information is shared and altered by multiple applications. In this paper, we present a novel troubleshooting algorithm, PeerPress...

in the fundamental production inventory model, in order to solve the economic production quantity (epq) we always fix both the demand quantity and the production quantity per day. but, in the real situation, both of them probably will have little disturbances every day. therefore, we should fuzzify both of them to solve the economic production quantity (q*) per cycle. using α-cut for defuzzific...