this paper examines firms' capital structure and their access to financial debt, notably bank loans. We find that the share of financial debt in total liabilities is, on average, smaller for small firms than for large ones. However, this is not because the typical small firm borrows less than a large firm, but because small firms are more likely not to borrow at all. For firms that do borrow, t...

In this paper, we give the properties of tensor product and study the relationship between Hom functors and left (right) exact sequences in FS-Act. Also, we get some necessary conditions for equivalence of two fuzzy Sacts category. Moreover, we prove that two monoids S and T are Morita equivalent if and only if FS-Act and FT -Act are equivalent.

Earnings, sometimes called the “bottom line” or “net income,” are the single most important item in financial statements. They indicate the extent to which a company has engaged in value-added activities. They are a signal that helps direct resource allocation in capital markets. In fact, the theoretical value of a company’s stock is the present value of its future earnings. Increased earnings ...

background a high proportion of patients suffering from end stage liver disease are from low socioeconomic classes , which limits their access to liver transplantation as the most effctive treatment of this condition because of cost barrier. objectives one of the most challenging aspects of liver transplantation is its affordability and utilization by those who need it the most. patients and me...