Search results
1 – 10 of 157Jon Melvin, Michael Boehlje, Craig Dobbins and Allan Gray
Successful farm business managers must understand the determinants of profitability and have an overall long‐term or strategic management focus. The objective of this research was…
Abstract
Successful farm business managers must understand the determinants of profitability and have an overall long‐term or strategic management focus. The objective of this research was to explore the use of an e‐learning tool to help producers understand the impacts of different production, pricing, cost control, and investment decisions on their farm’s financial performance. This objective was accomplished by developing and testing a computer‐based training and application tool to facilitate determination of the financial health of farm businesses using the DuPont profitability analysis model. The results of the two experiments indicate that the computer software was effective for teaching techniques of profitability analysis contained within the DuPont model.
Details
Keywords
MICHAEL T. BOND and GERALD E. SMOLEN
According to independently developed hypotheses by Michael Darby (1975) and Martin Feldstein (1976) nominal interest rates will increase during an inflationary period by an amount…
Abstract
According to independently developed hypotheses by Michael Darby (1975) and Martin Feldstein (1976) nominal interest rates will increase during an inflationary period by an amount which is greater than the expected rate of inflation. This occurs in order to compensate lenders for the expected loss of principal and for the taxation of the interest earned. While many authors comment on the plausibility of the Darby‐Feldstein effect, it has been difficult to support this hypotheses empirically.
The existence of a stable relation between the demand for real cash balances and some few variables relating it to real economic activity is one of the cornerstones of the…
Abstract
The existence of a stable relation between the demand for real cash balances and some few variables relating it to real economic activity is one of the cornerstones of the monetarist approach. Such a relation permits us not only to analyze the impact of monetary change on economic activity but, since it is stable, it also has important predictive content. A better insight is then possible on the analysis of the effects of monetary policy. On this basis, it has been shown that money really matters and that the money supply is, with regard to economic stability, a powerful but also a dangerous weapon when heedlessly used by governments.
This review aims to examine how photography and video have been used in a variety of fields.
Abstract
Purpose
This review aims to examine how photography and video have been used in a variety of fields.
Design/methodology/approach
The paper examines how these visual methods have and can be used in marketing.
Findings
Photography and video have important strengths. They help us overcome the typically fleeting nature of observation. They also allow us to record behavior in its situational context, allow for reflection, informants, coding, and use of the behavior or situation for illustration. In addition to their analysis of behavior, visual methods can also be used for the purpose of analysis of environments. Photographs and videos can also reveal insights into the interpretive side of the equation – examining people's focus and interpretation of their behaviors and rituals. This visual information can be qualitative – aiming for naturalistic, descriptive, and “rich” data; they can also be used to quantitatively measure circumstances and events.
Originality/value
Understanding the potential uses of photography and video in observational research as well as their strengths and weaknesses will allow us to gain the most value from their application.
Details
Keywords
Paul Lowengrub, Torsten Luedecke and Michael Melvin
German executives can make misleading statements regarding merger activities while U.S. executives must either state “no comment” or provide a truthful statement. Do these…
Abstract
German executives can make misleading statements regarding merger activities while U.S. executives must either state “no comment” or provide a truthful statement. Do these differences in corporate governance standards cause differences in the market response to merger announcements? A sample of German and U.S. firms that announced acquisition plans between 1995 and 1999 suggests that for smaller firms, merger news has no significant impact on cumulative abnormal returns for German firms but a significant positive impact for U.S. firms. Large German firms, however, have similar experiences to large U.S. firms, as do German firms listed on a U.S. stock exchange, which require greater disclosure requirements. Aside from the smaller-firm effect, the evidence is consistent with no price-relevant differences arising from the differences in corporate governance rules.
Yuli Su, San and Tien‐Ming Su
This paper reexamines the relationship between budget deficits and exchange rates by applying Hakkio’s (1996) model to seven Asian countries and eight Euro‐currency countries over…
Abstract
This paper reexamines the relationship between budget deficits and exchange rates by applying Hakkio’s (1996) model to seven Asian countries and eight Euro‐currency countries over the years from 1951 to 2001. Applying the Time‐Series Cross‐Section Regression with the Seemingly Unrelated Regression approach to data from 15 countries, the results indicate that because of the indirect effect of the expected inflation rate, the risk premium, and the expected return rate, currency values are inversely related to budget deficits. However, the empirical results also present evidence supporting the Ricardian Equivalence Proposition that there is no direct effect of budget deficits on exchange rates.
Details
Keywords
Terrorism, an important component of Political risk as a possible determinant of ADRs (American Depository Receipts) returns have received little attention in academic literature…
Abstract
Terrorism, an important component of Political risk as a possible determinant of ADRs (American Depository Receipts) returns have received little attention in academic literature. To address this issue and examine whether political risk is a major determinant of ADR returns of emerging market countries, this paper empirically examines market valuation of Indian ADRs around acts of terrorism. Using a sample of 52 such events in the sample period Jan 2003‐Dec 2003 we empirically analyze returns of Indian ADRs. The results from our study indicate a marginally negative significant effect, failing to indicate that event of terrorist attacks severely affect the Indian ADRs listed on the US stock market. This may be explained by a combined effect of; (a) the optimism of US investors towards emerging markets, and (b) market participants becoming more resilient and making informed choices around the “general” events of terrorism.
Details
Keywords
The study of psychological anthropology represents the interworkings of the theories, concepts, empirical findings, and methodologies of psychology and anthropology. This…
Abstract
The study of psychological anthropology represents the interworkings of the theories, concepts, empirical findings, and methodologies of psychology and anthropology. This discussion of resources is written from the point of view of an anthropologist, not a psychologist. The psychologists have a related, though not identical, discipline called cross‐cultural psychology. As no scholar nor group of scholars can afford to live in a void, we find the works of members of both disciplines appearing in the same publications. This fact will be evident in the description of resources to follow.