This paper considers the two-echelon supply chain system which consists of single agricultural producers and retailers,and analyzes the impact of sharing ratio on the option ordering quantity,and retailers and produce...This paper considers the two-echelon supply chain system which consists of single agricultural producers and retailers,and analyzes the impact of sharing ratio on the option ordering quantity,and retailers and producers' expected profits.Studies have shown that in the case of decentralization,when the revenue sharing ratio is between 0 and 0.3,the option ordering quantity of farm produce is a decreasing function of the sharing ratio; when the revenue sharing ratio is between 0.3 and 1,the option ordering quantity of farm produce is an increasing function of sharing ratio; when the revenue sharing ratio is between 0.421 and 1,the agricultural producers and retailers' expected profits are an increasing function of sharing ratio.Finally,through the numerical calculation,the applicability of the conclusions is verified,to provide a reference for the supply chain management practices.展开更多
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
基金Supported by National Natural Science Foundation of China(7093200571102055)+1 种基金Youth Fund Project of Sichuan Provincial Department of Education(13ZB003514ZA0304)
文摘This paper considers the two-echelon supply chain system which consists of single agricultural producers and retailers,and analyzes the impact of sharing ratio on the option ordering quantity,and retailers and producers' expected profits.Studies have shown that in the case of decentralization,when the revenue sharing ratio is between 0 and 0.3,the option ordering quantity of farm produce is a decreasing function of the sharing ratio; when the revenue sharing ratio is between 0.3 and 1,the option ordering quantity of farm produce is an increasing function of sharing ratio; when the revenue sharing ratio is between 0.421 and 1,the agricultural producers and retailers' expected profits are an increasing function of sharing ratio.Finally,through the numerical calculation,the applicability of the conclusions is verified,to provide a reference for the supply chain management practices.
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.