Numerous firms adopted executive stock options plan for their executives. This study examines empirically the hypothesis that stock options help to improve the firml＇s operating performance. The empirical tests revea...Numerous firms adopted executive stock options plan for their executives. This study examines empirically the hypothesis that stock options help to improve the firml＇s operating performance. The empirical tests reveal a positive relation between the stock options and performance; also indicate that there is a positive relation between quantity of manager＇s stock options and firm＇s size.展开更多
Retail price and promotional effort are two important parameters on which demand of a commodity largely depends. This paper develops and analyzes a two-echelon supply chain where market demand depends on both retail p...Retail price and promotional effort are two important parameters on which demand of a commodity largely depends. This paper develops and analyzes a two-echelon supply chain where market demand depends on both retail price and sales effort. The centralized model is studied as the benchmark case, and the wholesale price-only contract is studied as the base case in which each entity tries to maximize its individual profit. Different contract mechanisms are implemented to outperform the base case in terms of both total chain＇s as well as individual profits. Comparisons among the coordinating contracts are provided so that any entity may choose the better one from available contracts after the contract parameters are negotiated. The model is extensively examined through a numerical example.展开更多
文摘Numerous firms adopted executive stock options plan for their executives. This study examines empirically the hypothesis that stock options help to improve the firml＇s operating performance. The empirical tests reveal a positive relation between the stock options and performance; also indicate that there is a positive relation between quantity of manager＇s stock options and firm＇s size.
基金Research of the second author is funded by the University Grants Commission(UGC),India
文摘Retail price and promotional effort are two important parameters on which demand of a commodity largely depends. This paper develops and analyzes a two-echelon supply chain where market demand depends on both retail price and sales effort. The centralized model is studied as the benchmark case, and the wholesale price-only contract is studied as the base case in which each entity tries to maximize its individual profit. Different contract mechanisms are implemented to outperform the base case in terms of both total chain＇s as well as individual profits. Comparisons among the coordinating contracts are provided so that any entity may choose the better one from available contracts after the contract parameters are negotiated. The model is extensively examined through a numerical example.
