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Profits
Kinds of Profits Terms modified by Profits Selected AbstractsTHE PROFIT,INVESTMENT,UNEMPLOYMENT NEXUS AND CAPACITY UTILIZATION IN A STOCK-FLOW CONSISTENT MODELMETROECONOMICA, Issue 3 2010Jean-Bernard Chatelain ABSTRACT This paper studies under which conditions the share of profit in value-added, financial constraints on investment and capital shortage may foster unemployment and may limit the growth of capital and/or the growth of aggregate demand, in a stock-flow consistent model. The efficiency of demand-side versus supply-side economic policies (decrease of the real interest rate and/or of the real wage, increase of the leverage ceiling constraint) depends on capital shortage and credit rationing, which are not necessarily simultaneous due to the effects of investment on aggregate demand and supply. [source] DURABILITY CHOICE AND THE PIRACY FOR PROFIT OF GOODSMETROECONOMICA, Issue 2 2010Article first published online: 26 MAR 200, Gregory E. Goering ABSTRACT We explore the impact of durable goods piracy in a simple two-period durability choice setting where an originator faces a future for-profit pirate that clones or duplicates copies of the durable good. We find that a social planner, as well as a monopoly originator, may well engage in a sort of ,reversed planned obsolescence'. In other words, they manufacture a product that is more durable than the first-best cost-minimizing level, if they cannot directly control the pirate. We show this occurs even in rental or committed sales settings, indicating Swan's market independence result does not hold here. [source] Managing the hinterland beyond: Two ideal-type strategies of economic development for small island territoriesASIA PACIFIC VIEWPOINT, Issue 1 2006Godfrey BaldacchinoArticle first published online: 30 MAR 200 Abstract: Rarely does one come across critical analysis which looks at islands as the strategic and candid promoters of a role as political and economic usufructuaries over external resources. This paper is premised on the proposition that a small territory is especially obliged to use extra-territorial resources as its hinterland for economic success. Such resources extend over a whole range of goods and services and include access to investment, welfare, security, stable currency, international relations, specialised labour power, transfers, markets and higher education. The MIRAB syndrome is one way of articulating this condition. This paper proposes a second cluster of features that are, or can be, deployed by small territories in a manner somewhat different from MIRAB; this second cluster has a more proactive policy orientation and a disposition towards carving out procedural and jurisdictional powers. It is thus proposed to consider a small territory's engagement with the external hinterland as a position on a sliding scale, a strategic mix of options located between two distinct development trajectories, of which MIRAB is one and the PROFIT model the other. [source] PROFITS AND PLAGIARISM: THE CASE OF MEDICAL GHOSTWRITINGBIOETHICS, Issue 6 2010TOBENNA D. ANEKWE ABSTRACT This paper focuses on medical ghostwriting in the United States. I argue that medical ghostwriting often involves plagiarism and, in those cases, can be treated as an act of research misconduct by both the federal government and research institutions. I also propose several anti-ghostwriting measures, including: 1) journals should implement guarantor policies so that researchers may be better held accountable for their work; 2) research institutions and the federal government should explicitly prohibit medical ghostwriting and outline appropriate penalties; and 3) a publicly available database should be created to record researchers' ethics violations. [source] Tourism, Charity, and Profit: The Movement of Money in Moroccan Jewish PilgrimageCULTURAL ANTHROPOLOGY, Issue 3 2002Oren Kosansky First page of article [source] Currents: Books in BriefGLOBAL BUSINESS AND ORGANIZATIONAL EXCELLENCE, Issue 3 2001LaRoi Lawton The Roots and Future of Management Theory Profit From the Core: Growth Strategy in an Era of Turbulence 90 Days to Launch: Internet Projects on Time and on Budget The Six Sigma Revolution: How General Electric and Others Turned Process into Profits In Good Company Evolve! Succeeding in the Digital Culture of Tomorrow Lessons from the Heart of American Business: A Roadmap for Managers in the 21st Century The Passion Plan at Work: A Step-by-Step Guide to Building a Passion-Driven Organization The Inner Work of Leaders: Leadership as a Habit of Mind Corporate Sin: Leaderless Leadership and Dissonant Workers The HR Scorecard Place to Space: Migrating to Ebusiness Models Building the Integrated Company Protecting Your Company's Intellectual Property: A Practical Guide to Trademarks, Copyrights, Patents, & Trade Secrets Gaming the System: Stop Playing the Organizational Game [source] Profit and Price Effects of Multi-species Individual Transferable QuotasJOURNAL OF AGRICULTURAL ECONOMICS, Issue 1 2005Diane P. Dupont Regulators in many countries have adopted individual transferable quotas as a means of dealing with the open access problem inherent in fisheries. Using individual vessel data prior to and after the introduction of ITQs in Canada's multi-species Scotia-Fundy mobile gear fishery, the paper uses an index number profit decomposition to compare vessel performance over time and across individual vessels. The approach allows us to undertake both an ex post evaluation of short-term impacts of ITQs and an ex ante evaluation of longer term impacts. With respect to short-term impacts, the results suggest that larger vessels have benefited the most from the introduction of ITQs, but that all vessels have enjoyed increases in the prices received for those fish species that are included in the quota program. With respect to longer-term impacts, the transferability provisions of the ITQ program have encouraged exit and more efficient operations to prevail. [source] Accruals Management to Achieve Earnings Benchmarks: A Comparison of Pre-managed Profit and Loss FirmsJOURNAL OF BUSINESS FINANCE & ACCOUNTING, Issue 5-6 2006Abhijit Barua Abstract:, This study examines whether firms with profits before accruals management are more likely than firms with losses before accruals management to meet or exceed earnings benchmarks when pre-managed earnings are below those benchmarks. We extend Brown (2001) by documenting that the differential propensity to achieve earnings benchmarks by profitable and nonprofitable firms results from differential accruals management behavior. We find that firms with profits before accruals management are more likely than firms with losses before accruals management to have pre-managed earnings below both analysts' forecasts and prior period earnings and reported earnings above these benchmarks. [source] Carbocationic Polymerizations for Profit and FunMACROMOLECULAR SYMPOSIA, Issue 1 2004Ralf M. Peetz Abstract This presentation consists of two largely independent parts: The first åfor Profit, part concerns a bird's eye view of recently commercialized carbocationic processes and materials created by these processes in the author's laboratories whose marketing started during the past ,5 years by various companies. These materials/processes include liquid telechelic polyisobutylene (PIB) for architectural sealants, poly(styrene- b -isobutylene- b -styrene) (PSt- b -PIB- b -PSt) triblocks for thermoplastic elastomers, PIB/PSt-based blocks for coating of medical devices, and PIB-based microemulsions for surface protection of painted metal surfaces. It is concluded that in order to enhance and solidify research in polymer synthesis it would behoove the scientific community to pay increased attention to intellectual property protection. Appropriately managed patenting and publishing activities are self-reinforcing and may be quite profitable. The second "for Fun" part concerns a brief review of the design, synthesis and characterization of two novel fully aliphatic star-block copolymers: ,(PIB- b -PNBD)3 and ,(PNBD- b -PIB)3 (where PNBD = polynorbornadiene). The constituent moieties of these star-blocks are identical except their block sequences are reversed. Motivation for the synthesis of ,(PIB- b -PNBD)3, consisting of a low Tg (,-73°C) PIB inner-corona attached to a high Tg (,320°C) PNBD outer corona, was the expectation that this star-block would exhibit thermoplastic elastomer characteristics, and that it could be used in applications where similar polyaromatic-based TPEs cannot be employed (e.g., magnetic signal storage). The other star-block, ,(PNBD- b -PIB)3, comprises the same building blocks with the PIB and PNBD sequences reversed. We found that the secondary chlorine at the PNBD chain end, in conjunction with TiCl4, is able to initiate the polymerization of isobutylene. Details of the carbocationic polymerization of NBD, together with the microstructure of PNBD, will be discussed. [source] Vorgehensmodell zur Abbildung und Analyse des Lebenszykluserfolges von Werkstoffen , Konzeption und beispielhafte Veranschaulichung.MATERIALWISSENSCHAFT UND WERKSTOFFTECHNIK, Issue 6 2010Modeling approach for the life cycle profit of materials, case study, conceptual design Life Cycle Costs; Life Cycle Profit; Modeling Approach; Cost Management Abstract Eine langfristig erfolgreiche Entwicklung, Herstellung und Verwendung von (neuen) Werkstoffen setzt voraus, dass die daran beteiligten, auf wirtschaftlichen Erfolg angewiesenen Unternehmen mit diesen Werkstoffen einen positiven monetären Lebenszykluserfolg erzielen. Die Ermittlung eines solchen Lebenszykluserfolgs ist allerdings eine komplexe Aufgabenstellung, wird dieser doch durch eine Vielzahl verschiedenartiger unternehmensexterner und -interner Größen beeinflusst. Gerade bei derartigen komplexen Problemstellungen bietet es sich an, Vorgehensmodelle für eine systematische und strukturierte Problemanalyse und -zerlegung sowie die darauf basierende Bildung und Auswertung von monetären Lebenszyklusmodellen zu nutzen. Im vorliegenden Beitrag soll daher ein Vorgehensmodell zur Ermittlung und Analyse des Lebenszykluserfolgs von Werkstoffen zunächst konzipiert und anschließend anhand eines Fallbeispiels veranschaulicht werden. Long-term successful development, production and use of (new) materials presuppose that involved companies achieve a positive monetary life cycle benefit with these materials. However, the appraisal of this life cycle profit is a demanding task, since the profit is influenced by a huge number of different internal and external variables. Especially in case of such complex problems procedure models can support the systematic and structured analysis and decomposition of the problems as well as the creation and evaluation of monetary life cycle models basing on that. Therefore, this paper offers a suitable modeling approach for the life cycle profit of materials, which is illustrated by a case study. [source] RISK-REWARD OPTIMIZATION WITH DISCRETE-TIME COHERENT RISKMATHEMATICAL FINANCE, Issue 4 2010Alexander S. Cherny We solve the risk-reward optimization problem in the discrete-time setting, the reward being measured as the expected Profit and Loss and the risk being measured by a dynamic coherent risk measure. [source] Religion and Profit: Moravians in Early America , By Katherine Carté EngleRELIGIOUS STUDIES REVIEW, Issue 1 2010Miranda Bennett No abstract is available for this article. [source] Innovating at the Top: How Global CEOs Drive Innovation for Growth and Profit by Roland Berger, Soumitra Dutta, Tobais Raffel, and Geoffrey SamuelsTHE JOURNAL OF PRODUCT INNOVATION MANAGEMENT, Issue 3 2010George Castellion No abstract is available for this article. [source] The Social Economy Sector in JapanANNALS OF PUBLIC AND COOPERATIVE ECONOMICS, Issue 2 2002Hideo Ishizuka The Social Economy Sector is a new comer in Japanese society. Based on two experiments and theories derived from the European concept of social economy and the American concept of the non profit organization, the Japanese way of integration of a social economy sector is developing under the name of the Non Profit and Co-operative Sector. The change of social policy and public policy under the influence of the new liberalism has urged a change in traditional relations between public sector and private sectors and created the new role of a social economy sector. Even though there is no clear image of the sector, both the financial need of public authorities and the social needs of citizen users especially in social security and medical care has made the social economy sector an alternative for realizing better service supply. [source] Urbanism in Siena: A Polite Tale of Patronage, Profit and PowerART HISTORY, Issue 3 2010Helen Hills First page of article [source] Pediatric Heart Transplant Candidates With Failed Donor Heart Allocation After Eurotransplant Urgency Listing Profit From Pretransplant Mechanical Circulatory Support BridgingARTIFICIAL ORGANS, Issue 4 2009Takeshi Komoda Abstract:, Due to the Eurotransplant organ allocation policy, urgency listing for heart transplantation (HTx) remains in force until ventricular assist device (VAD) implantation in Germany. We studied the prognosis of HTx candidates after failed donor heart allocation in urgent status. We studied all adult and pediatric (<18 years) HTx candidates who underwent primary HTx after Eurotransplant urgency listing between January 2001 and December 2006 (Group A-uHTx [A-"u"rgent status "HTx"], n = 99; Group P-uHTx [P-"u"rgent status "HTx"], n = 24) and those to whom donor heart was not urgently allocated before VAD implantation or death in the same period (Group A-fHA [A-"f"ailed "H"eart "A"llocation], n = 21, Group P-fHA [P-"f"ailed "H"eart "A"llocation], n = 10). Mortality rate after urgency listing or primary VAD implantation was studied in each group. In adult patients, 1-year mortality rate after urgency listing in Group A-fHA was 56.8% and significantly higher than in Group A-uHTx (30.6%, P < 0.001, log-rank test). After failed urgent heart allocation, 15 out of 21 patients in Group A-fHA had VAD implantation and two patients (9.5%) underwent HTx after VAD implantation. In pediatric patients, 1-year mortality rate in Group P-fHA was 40.0% and significantly higher than in Group P-uHTx (8.5%, P < 0.05). In Group P-fHA, all 10 patients underwent VAD implantation after failed urgent heart allocation and six patients (60.0%, P < 0.01 vs. Group A-fHA, Fisher's exact test) underwent HTx after VAD implantation. After failed urgent donor heart allocation, pediatric HTx candidates seem to profit more from mechanical circulatory support than adults. [source] Optimal Stealth Trading of the Insider and Expected Profit of the Mimicking Trader,ASIA-PACIFIC JOURNAL OF FINANCIAL STUDIES, Issue 3 2009Jaehyun Lee Abstract In this paper we perform theoretical and empirical analyses on the insiders' optimal "stealth" strategy and expected profits from mimicking trading when the insiders' trading information is publicly available. When insiders select a mixed strategy of AR (1) process as the information exposure strategy in a multi-period model, we find the optimal AR (1) coefficient that maximizes the insiders' profit is negative. Also, (1) the greater the transaction volume of mimicking traders in the market and the longer the information exposure period, the closer the optimum AR (1) coefficient becomes to ,1; (2) The larger the mimicking transaction volume, the smaller the insider's profit gets; and (3) When the volume of mimicking transaction is large and the private information is not much valuable, the likelihood of loss is high. We also validate certain theoretical results of our model using publicized ownership change data of major shareholders. As a result, we find the strategic evidences in the sample of insider transactions closing within 15 trading days. Also, although mimicking traders' losses have not been reported, they can suffer losses when the private information is not much valuable and the insiders take a significant strategic action. [source] Negative Momentum Profit in Korea and its Sources,ASIA-PACIFIC JOURNAL OF FINANCIAL STUDIES, Issue 2 2009Joon Chae Abstract To analyze the negative momentum profit in Korea, we further divide the decomposition of Lo and MacKinlay (1990) into winners' and losers' auto- and cross-serial covariances. We find that the negative autocovariance and the positive cross-serial covariance in Lo and MacKinlay's decomposition are asymmetric between winners and losers. The negative autocovariance is mainly from losers and the positive cross-serial covariance mainly between past winners and current losers. By investigating time-series characteristics of auto-(cross-serial) covariances, we cannot observe any systematic change of auto-(cross-serial) covariances in the momentum period. Based upon the evidence in this paper, we argue that positive cross-serial covariance between past winners and current losers seems to be an important driving force behind the negative momentum profit in Korea. Therefore, investors' underreaction to market-wide information would be plausible explanation of the negative momentum profit. [source] The Relationship Between Accounting Profit and Economic IncomeAUSTRALIAN ACCOUNTING REVIEW, Issue 43 2007JOHN RYAN The reliance on economic concepts, most notably economic income, for the measurement of profit in financial accounting is misplaced. This paper explores the concept of economic income, contrasting it with the concept of profit in the conventional accounting model. The concept of individual economic income cannot be used for measurement of profit for a past period as the concept is based on the capitalisation of expectations and excludes "separate but correlated" concepts of profit and capital needed for capital maintenance. [source] Burroughs Wellcome & Co. Knowledge, Trust, Profit and the Transformation of the British Pharmaceutical Industry, 1880,1940BRITISH JOURNAL OF CLINICAL PHARMACOLOGY, Issue 4 2007Adam Cohen No abstract is available for this article. [source] Profit from the Priceless: Heritage Sites, Property Rights and the Duty to PreserveBUSINESS AND SOCIETY REVIEW, Issue 3 2009KEVIN GIBSON ABSTRACT This article suggests that corporate responsibility should be interpreted to include concern about resources that cannot easily be treated as commodities. Heritage Sites are places of historical and cultural importance. Given the primacy of contingent valuation methods in creating policy, these sites are often at risk from development or tourism since there is pressure to treat them as revenue centers. The article moves to looking at the status of sites in terms of property rights, drawing on Locke's original formulation. The article concludes that there is a normative justification for treating these sites as collective property that may warrant maintenance, preservation and restricted access. [source] Currents: Books in BriefGLOBAL BUSINESS AND ORGANIZATIONAL EXCELLENCE, Issue 3 2001LaRoi Lawton The Roots and Future of Management Theory Profit From the Core: Growth Strategy in an Era of Turbulence 90 Days to Launch: Internet Projects on Time and on Budget The Six Sigma Revolution: How General Electric and Others Turned Process into Profits In Good Company Evolve! Succeeding in the Digital Culture of Tomorrow Lessons from the Heart of American Business: A Roadmap for Managers in the 21st Century The Passion Plan at Work: A Step-by-Step Guide to Building a Passion-Driven Organization The Inner Work of Leaders: Leadership as a Habit of Mind Corporate Sin: Leaderless Leadership and Dissonant Workers The HR Scorecard Place to Space: Migrating to Ebusiness Models Building the Integrated Company Protecting Your Company's Intellectual Property: A Practical Guide to Trademarks, Copyrights, Patents, & Trade Secrets Gaming the System: Stop Playing the Organizational Game [source] A Temporal Analysis of Earnings Surprises: Profits versus LossesJOURNAL OF ACCOUNTING RESEARCH, Issue 2 2001Lawrence D. Brown I show that median earnings surprise has shifted rightward from small negative (miss analyst estimates by a small amount) to zero (meet analyst estimates exactly) to small positive (beat analyst estimates by a small amount) during the 16 years, 1984 to 1999. I show that a rightward temporal shift in median surprise from negative to positive describes earnings, but neither profits nor losses. Median profit surprise shifts within the positive quadrant, from zero to one cent per share. Median loss surprise shifts within the negative quadrant from extreme negative (about -33 cents per share) to zero. I show that the median surprise for profits exceeds that for losses in every year. I document significant positive temporal trends in both meet and beat analyst estimates for both profits and losses, but I find a greater frequency of profits that either meet or beat analyst estimates in every year. I find a significant positive temporal trend in positive profits that are "a little bit of good news," and a significant negative temporal trend in managers who report losses that are an "extreme amount of bad news." My results are robust to the four internal validity threats I consider,namely temporal changes in: (1) analyst forecast accuracy, (2) the mix of earnings of one sign preceded by earnings of another sign four quarters ago, (3) the timeliness of the most recent analyst forecast, and (4) the I/B/E/S definition of actual earnings. I find that managers of growth firms are relatively more likely than managers of value firms to report good news profits. I show that when they do report positive profit surprises, managers of growth firms are more likely to report "a little bit of good news" in every year. [source] Women Solicitors as a Barometer for Problems within the Legal Profession , Time to Put Values before Profits?JOURNAL OF LAW AND SOCIETY, Issue 3 2007Lisa Webley This article will consider the theoretical explanations for why women are not remaining within and progressing through the ranks of the solicitors' profession in England and Wales. It sets out the findings from a Law Society commissioned project to examine the reasons why women have had a break from practice or chosen to leave the profession. Finally, it considers whether one of the purported strategies used to empower women solicitors , the business case for equality of opportunity in the solicitors' profession , is actively working against women and the profession (more broadly), and that only a return to a wider values-based approach to professional identity will meet the criticisms raised by many of the women who participated in this research. [source] Commodity Taxes, Wage Determination, and ProfitsJOURNAL OF PUBLIC ECONOMIC THEORY, Issue 2 2001Sophia Delipalla We examine the effects of two different types of commodity taxation, specific and ad valorem, on wages and profits. We analyze two models of wage determination, one with efficiency wage setting and one with union-firm bargaining. In the former, a (locally) revenue-neutral shift from specific to ad valorem taxation leads to an increase in both employment and wages and a reduction in profitability. In the latter, the effect on wages and profits may be reversed: predominantly ad valorem taxation raises employment but lowers wages, and under certain circumstances, the net effect is an increase in profits. [source] Supply Chain Network Economics: Dynamics of Prices, Flows, and Profits, by Anna NagurneyJOURNAL OF REGIONAL SCIENCE, Issue 3 2008Terry L. Friesz No abstract is available for this article. [source] Business Power and Tax Reform: Taxing Income and Profits in Chile and ArgentinaLATIN AMERICAN POLITICS AND SOCIETY, Issue 2 2010Tasha Fairfield ABSTRACT This article examines efforts to increase taxation of highly concentrated, undertapped income and profits in Latin America in the aftermath of structural adjustment. Argentina has advanced further than Chile in two policy areas: corporate taxation, which taps firm-level profits; and tax agency access to bank information, which helps reduce income tax evasion. These outcomes are explained by drawing on the classic concepts of business instrumental power, which entails political actions, and structural power, which arises from investment decisions. In Chile, strong instrumental power removed reforms in both areas from the policy agenda. In Argentina, much weaker instrumental power at the cross-sectoral level facilitated corporate tax increases. Bank information access was expanded after Argentina's 2001 crisis weakened the financial sector's instrumental power and reduced structural power. [source] Pigs, Profits, and Rural CommunitiesAMERICAN ANTHROPOLOGIST, Issue 1 2000Jane H. Adams Pigs, Profits, and Rural Communities. Kendall M. Thu and E. Paul Durrenberger. eds. Albany: State University of New York Press, 1998. 20X pp. [source] Economies of Scale and Scope, Contestability, Windfall Profits and Regulatory RiskTHE MANCHESTER SCHOOL, Issue 6 2000Michael J. Ryan In this paper I introduce new results on economies of scale and scope and develop implications of these results for contestability and regulation. This is done using a goal programming approach which endogenizes regulatory frameworks in a multiperiod and multiregion monopolistic and oligopolistic analysis. This explicitly spatial approach leads to useful distinctions between industrial contestability and market contestability and a multiperiod contestability-based regulatory model. That model is then extended to a state preference framework with regulatory risk and windfall gains and losses. [source] Development and Distortion of Malaysian Public-Private Partnerships , Patronage, Privatised Profits and PitfallsAUSTRALIAN JOURNAL OF PUBLIC ADMINISTRATION, Issue 2010Loo-See Beh This article examines the politicisation of systemic patronage and privatised profits in the development of Public-Private Partnerships (PPPs) in Malaysia. Issues associated with inadequate regulatory frameworks, control, accountability and poorly managed risks, demonstrate that much more effective reforms are required to reduce further pitfalls, to protect public interests and to uphold the integrity of the public service and government. The adoption of a transparent procurement and evaluation system will be a challenging task if public and investor confidence is to be built up and strategic partnerships in the complex web of governance and administrative relationships in the governance of PPPs are to be developed effectively. Finally directions of reform and lessons learnt are suggested. [source] |