دانلود مقاله لاتین با عنوان ارتبط تغییرات اهرم مالی با ادغام شرکتها

  Abstract We empirically examine whether firms increase financial leverage following mergers. Firms could increase financial leverage either because of an increase in debt capacity or because of unused debt capacity from pre-merger years. We find that financial leverage of combined firms increases significantly following mergers. A cross-sectional analysis shows that the change in financial leverage around mergers is significantly positively correlated with the announcement period ma ...

دانلود مقاله لاتین با عنوان تاثیر اهرم مالی شرکتها بر سرمایه گذاری: شواهدی از کانادا

  Abstract This study examines the impact of financial leverage on the firms’ investment decisions using information on Canadian publicly traded companies. It shows that leverage is negatively related to investment and that this negative effect is significantly stronger for firms with low growth opportunities than those with high growth opportunities. The paper tests the robustness of these results using alternative empirical models and, in addition, uses the instrumental variabl ...

دانلود مقاله لاتین 2012 با عنوان حباب اهرمی

    a b s t r a c t Leverage is strongly related to liquidity in a market and lack of liquidity is considered a cause and/or consequence of the recent financial crisis. A repurchase agreement is a f inancial instrument where a security is sold simultaneously with an agreement to buy it back at a later date. Repurchase agreement (repo) market size is a very important element in calculating the overall leverage in a financial market. Therefore, studying the behavior of repo market s ...

دانلود مقاله لاتین با عنوان حبابها و جریان ها ی سرمایه ای

  Abstract This paper presents a stylized model of international trade and asset price bubbles. Its central insight is that bubbles tend to appear and expand in countries where productivity is low relative to the rest of the world. These bubbles absorb local savings, eliminating inefficient investments and liberating resources that are in part used to invest in high-productivity countries. Through this channel, bubbles act as a substitute for international capital flows, improving the ...

دانلود مقاله لاتین با عنوان بازده حسابداری مالی بر اساس اهرم مالی و سرمایه گذاری

  Abstract This note presents a method for teaching the concept of financial leverage and its relationship to accounting rates of return. Typically, financial leverage is only briefly mentioned in introductory accounting textbooks, and it is rarely related explicitly to rates of return on total assets and on common stockholders’ equity. Yet the concept is an important one for financial managers. We have developed and class tested a numerical illustration to explain in a conceptua ...

دانلود مقاله لاتین از مجله معتبر Journal of World Business با عنوان اتخاذ تصمیم مدیریتی در کسب و کار بین المللی:مروری 45 ساله

    A B S T R A C T We identify key theoretical developments in international managerial decision-making research, synthesize how they have been employed, and discuss contributions that may emerge as researchers devote increased attention to bounded rationality. Since behavioral factors were first introduced into the international business literature, there has been an increasing trend toward acknowledging the decision makers’ role in foreign direct investment and related st ...

دانلود مقاله لاتین با عنوان تغییر در سیستم کنترل مدیریت تحقیق و توسعه: مطالعه موردی یک تحقیق بیوتکنولوژی در چین

  Abstract China’s transition from a command economy to a market economy calls for a transformation from a centralized to a decentralized model in research and development (R&D) management control system. Virtually all scientific research was funded and monitored by the state under the centralized economy, thus creating an incentive structure for individuals and institutes to get state research grants to carry out scientific research without being able to commercially exploit ...

دانلود مقاله لاتین با عنوان سیستم های کنترل مدیریتی و تغییر استراتژهای خودمالکیتی

  Abstract The impact of management buy-outs (MBO) on strategy and management control systems (MCS) is little understood. Previous research by [Ace. Org. Soc. 17 (1992) 151] focused on efficiency-enhancing buy-outs that were a feature of the early development of the market. However, MBOs are heterogeneous and more recent developments have involved ownership changes that stimulate entrepreneurial practices. The novel contribution of this paper is to use Simons’ [Levers of Control: ...

دانلود مقاله لاتین با عنوان سیستم های کنترلی در شرکتهای چند کسب و کاره: از مدیریت عملکرد به سوی مدیریت استراتژیک

  This article discusses the role of control systems in multibusiness companies. The focus is on formulation and implementation of corporate and business unit strategies. Three widely used categories of control models are discussed: (1) models for performance management, (2) models for value-based management, and (3) models for strategic management. The discussion is based upon central normative texts and examples from applications in Nordic The description and discussion of the c ...

دانلود مقاله لاتین با عنوان سطوح کنترل مدیریت فروش و شایستگی ها: پش آیندها و برآیندها

  A B S T R A C T The pursuit of superior salesperson performance and higher levels of sales organization effectiveness is a growing management priority. Management control is an important antecedent to several aspects of salesperson performance and organizational effectiveness. However, prior research has neglected two important issues. First, the impact of market orientation on sales manager control approaches has not been previously considered. Second, sales manager competencies in ...