This study examines optimal environmental regulations and firms' responses under three production scenarios. The government's objective is to maximize social welfare by selecting the type and intensity of regulatory instruments, while firms seek to optimize profits by adjusting their optimal production ...
Given the core objective of firms to maximize shareholder wealth, there is a need to strike a balance between maintaining adequate profitability and pursuing ESR. The study demonstrates that if a firm fails to generate sufficient revenue to cover its financing costs, its capacity to undertake such...
•Stockpricesareareflectionofacompany‟sprofitability.Ifmanagersdonotseektomaximizeprofits,stockpricesfallandfirmsaresubjecttotakeoverbidsandproxyfights.•Thecompensationofmanyexecutivesistiedtostockprice.TheGoaloftheFirm •Othergoalsthatthefirmmightpursue:•Thesizeofthefirm•customersatisfaction•workplace...
Therefore, TM involves operating, improving and updating a firm’s technology resources (Nambisan and Wilemon, 2002), and it attempts to create value by using a firm’s technology resources to maximize a firm’s competitiveness (Gaimon, 2008). From the resource-based view (RBV), a firm’s...
An introduction to your new business development tool; How law firms can seize new opportunities with the right skills in place; The transformation of unprofitable practices into thriving businesses; and Why law firms should start business innovation now to maximize succes...
70% employ a cross-functional knowledge management system to maximize reuse in some cases on a global scale. Leaders in modularization were better at shortening the duration of a development process by 15-20%. Leaders use modularization with standardized interfaces across the full range of product ...
“It’s important for search firms to develop and offer services to maximize transparency and minimize risk related to the hiring process,” Mr. Wendt said. “Companies who engage an executive search firm expect to identify the right person for the right position, the first time and every time...
There are a number of different theories that seek to explain the debt-equity decision. However, as stated above, none of them are able to fully explain the apparent under-use of the benefits of debt. The trade-off theory of capital structure states that firms should pursue a given debt ...
Those who have been lobbying for change agree with, but are unsympathetic to, internet firms’ worries that such a law could dent their advertising-driven business models, which rely on tracking and targeting consumers to maximize revenues. "This is dimming the prospects of Google, Facebook and...
To remain competitive in an environment that is changing faster than ever, firms must continue to maximize value through traditional levers — operational value creation and financial optimization — as well as adopt new levers of value creation; in particular, the three pillars of digital, pur...