This research aims to investigate the effect of CEO characteristics (female gender, education, and age) on financing policy (interest-bearing debt total assets), investing (capital expenditure), firm performance (return assets) when it is controlled by size age. Our uses data manufacturing companies listed Indonesia Stock Exchange (IDX) in period 2010 - 2017. The results our show that female CE...

Information asymmetry is an important reason that causes external financing constraints. Because reputation has the function of signal transmission, a better reputation of an entrepreneur can reduce the degree of the firm information asymmetry and alleviate financing constraints of the firm. Based on the grouped sample of 94 listed companies of China from 2007 to 2009, this paper did empirical ...

This paper models a market in which one firm sells a good with a public base price and a hidden additional fee. Consumers are separated by high and low search costs and have the opportunity to incur their search cost to learn the true value of the add-on price. The firm has a discontinuous profit function that models its trade off between increasing the base price and losing consumers who drop ...

An N-firm production game known as oligopoly will be examined with isoelastic price function and linear cost under al Cournot competition. After the best responses of the firms are determined, a dynamic system with adaptive expectations is introduced. It is first shown that the local asymptotic behavior of the system is identical with that of the adaptive adjustment process in which the firms c...

The concept of knowledge has gained in interest since industrialized economics have induced a shift in importance from labor, capital and natural resources towards intellectual resources. This study investigates how the management of knowledge influences the innovation performance of a firm. While former studies mainly focused on knowledge management cycles, we distinguish different types of kn...

We explore the impact of labour turnover on firm performance by analysing the predictions of an extension of the efficiency wage model of Salop (1979) developed by Garino and Martin (2007), which separates incumbent and newly hired workers in the production function. Within this theoretical framework, an exogenous increase in the turnover rate can increase profits if firms do not choose wages u...

In this work, we attempt to show how operations researchers can effectively manage the production costs of computing services. The thesis of this paper is that an outsourcing firm, by virtue of the fact that it manages the IT function for multiple firms, is privileged to information not available to the focal firm. We derive the conditions under which this privileged information allows the part...

Abstract. We consider a controlled system of differential equations modeling a firm that takes a loan in order to expand its production activities. The objective is to determine the optimal loan repayment schedule using the variables of the business current profitability, the bank’s interest rate on the loan and the cost of reinvestment of capital. The portion of the annual profit which a firm ...