Variance risk premia (VRP) based on equity and credit market information for the same firm differ substantially in magnitude. VRP is strongly dependent on firm characteristics. Higher-leveraged and larger firms have lower VRP. The smirk in the plot of VRP vs. leverage is higher for low-levered...
We, therefore, assume that it is difficult for BA investors with inferior power and a relatively low reputation to find VCs who are interested in co-investing. In our context, this reasoning is crucial for BA investors, so that from a resource-based view, their quality signal must override ...
Money can be tainted when it is associated with direct or indirect harm to others. Deciding whether to accept “dirty money” poses a dilemma because money can be used to help others, but accepting dirty money has moral costs. How people resolve the dilemma of dirty money remains unknown. ...
The earliest cost incurred is sent to cost of goods sold on the income statement first. (b) Define transportation-out. Is it a product cost or a period cost for the seller? Compute the materials price variance for each item. Determine whether following item is a period cost or...
When comparing the economic effect size of an MNE’s Industry 4.0 orientation on its subsidiary’s sales intensity within the GVC with that of an MNE’s Industry 4.0 orientation on its subsidiary’s purchase intensity, we find that the effect size of the former is much larger than that of ...
The impact of digital transformation on employment has been increasingly noticed by the academic community, while the internal mechanism still remains as a black box, especially in terms of specific pilot policy, such as the national smart city pilots po
A useful concept to consider when dealing with direct materials is the material yield variance, which is calculated using the amount of direct material used in production. Another useful figure is the purchase price variance, which is the difference between the expected cost of the direct materials...
industrial production a combination of a wavelet-based quantile approach is used to find out the impact of two different energy prices in the short term, medium-term and long term. The results indicate that in short term crude oil prices have a negative supply-driven link and natural gas has...
Need to know the Assessable value of product. Because based on this price, the Customs decide the tax amount to pay. Please note this is paid in the LOCAL CURRENCY. Local warehouse charges, if the items are not cleared within the specific days. You need to store the materials till the ...
The colour of the background on which products are presented may affect their perceived attractiveness. In order to find out on which type of background various fresh food products look most attractive, we presented five different vegetables (tomato, carrot, yellow bell pepper, eggplant, mushroom)...