factors that should be consider in selecting a contract type, such as complexity of the work, potential unknowns, performance period, contractor's technical capabilities, competition, cost, but the real key is to match the "right type of contract vehicle " to the work scope and assumed risks...
Firm-fixed price contracting is appropriate when performance requirements can be clearly defined allowing reasonable upfront cost estimates to be developed. Firm-fixed price contracts assign all risks for execution of the scope of work to the contractor. On the other side of the contracting aisle ...
Risk is reduced when a high proportion of costs are fixed. True or false? True or False: Market potential is an example of an economic risk measure. Indicate whether the statement is true or false. Explain the answer. Higher risk tends to result ...
Most scholarly work has focused on the positive effects of digitalisation in Sub-Saharan Africa without accounting for the associated risks and mitigation measures at the firm level. Using the 2016 Enterprise ICT Survey of Kenya which provides a rich source of information on the use of ICT among...
The influence of prioritizing self-interest becomes more pronounced when coupled with higher political and non-political risks (Gu et al.,2023; Hassan et al.,2019). As political risk escalates, businesses may perceive a growing imperative to safeguard their interests. The inherent nature of politi...
摘要: This paper investigates whether individual CEOs and CFOs have "styles" (i.e. managers' fixed- effects) when it comes to withholding bad and good corporate news关键词: manager fixed-effects crash risk bad news withholding DOI: 10.2139/ssrn.3625058 ...
Note, that we assume labour, \(l_i\) and capital, \(c_i\), to be fixed (in the short term) and omit them in the following analysis and notation. The Leontief production function is a special case of Eq. (1) if all inputs are essential. The linear production function is the ...
indicating that the fixed effect model is superior to the random effect model. When comparing the results of other efficiency tests, it is observed that Model 2 exhibits a more random effect than a fixed effect in the case of the Pakistan data, which is once again subject to adverse selectio...
This way, they can draw on very flexible cost structures compared to large, established companies whose cost structures are characterized by a high proportion of fixed costs. Looking for instance on the personnel expenses, an essential block of entire costs, these are comparably low in younger ...
the current financial reporting system is not producing reliable disclosures. Climate change also introduces new and increasing types of risk … physical risks … and transition risks. The emergence of these risks challenges one of the financial sector’s most essential functions—ensuring that risk is...