This paper examines the effect of local religiosity on employee treatment, proxied by workplace safety incidents. Using establishment-level data compiling incidents work-related injuries, we find that employees establishments in more religious counties get less injured than those counties. We further a reduction occupational accidents is evident for dominated one denomination, strengthening our...

the aim of this study is to investigate the relationship between tax avoidance and firm value with an emphasis on agency cost and disclosure quality of firms listed in tehran stock exchange. the sample of this study consists of 68 firms for the period 2004 to 2015.this study is applied in purpose and correlation- descriptive in method. in this study to test the hypotheses, multivariate linear r...

to achieve the optimal model for capital asset pricing has always been a central issue in studies of the financial field. in this study we consider fama and french three-factor model augmented by the pastor and stambaugh (2003) liquidity risk factor. unlike most previous studies in this model, stock level beta is allowed to vary with firm-level size and book-to-market value. to verify the above...

When a firm implements analytical CRM, the value of a customer is assessed by profitability analysis. In a sense, a firm retains profitable customers but “fires” unprofitable ones. In this paper, we show that this typical customer selection strategy is not appropriate for a firm of goods and services that exhibit network externalities because of the strategic network value of unprofitable custo...