Companies have collected billions in premiums from privately sold put options written on their own stock. It is puzzling that counterparties, investment banks, would agree to make such transactions with better-informed companies which extraordinary ability time the market as documented by Jenter et al. (2011). To resolve this puzzle, we develop a model shows offering buy parties, receive privat...

IT investments are usually risky by nature and account for a considerable part of annual investment budgets. Though value-based IT portfolio management (ITPM) aims at sustained economic growth and long-term value creation regarding IT investments, companies often fail to implement a synchronized ITPM approach that considers all relevant risk-/return components within IT investment valuation. In...

Multi-national enterprises (MNEs) operate in developing countries for many reasons: to take advantage of the availability of specific raw materials, natural resources, labour pools, skills-sets, or processing facilities, or to serve growing customer markets. In many cases, it is their supply chains that matter most in shaping their contribution to enterprise development and local earnings in de...

The purpose of this study was to analysis the effect of management accounting information system (MAIS) based on decision support (DS) and business intelligence (BI) in return on investment (ROI) and return on equity (ROE) of Tehran stock exchange companies. We used analytical hierarchical process (AHP) through the weighting of MAIS based on DS and BI elements Then, questionnaires based on DS a...

The study of memory for event duration in pigeons has, for the most part, centered on an unusual behavioral phenomenon and an interesting theoretical explanation for it. A typical experiment on memory for event duration involves trials initiated by a sample stimulus that is either short or long in duration (e.g., 2 vs. 10 sec of houselight) and that is later followed by the simultaneous present...