Earning Management Actions and Conditional Revenue as Managerial Efforts to Maintain Bond Rating

Transparency, Risk, and Managerial Actions

I investigate the relation between firm risk and firm transparency over the period 1992-2006 and find that the level of firm transparency and the level of firm risk are negatively related. I also find that higher CEO pay-performance sensitivity (delta) works to mitigate this inverse relationship. This result is consistent with Hermalin and Weisbach (2007) who suggest that managers reduce risk t...

A Discrete Stochastic Approach to Hotel Revenue Management

  A linear programming model has been presented for finding an appropriate planning in order to maximize hotel revenue. In this model, a special planning horizon has been considered that includes several busy days of a year. There are several reservation periods that may start a few months earlier. Each period of reservation may have different prices and so result different incomes. Hotel custo...

efforts and actions of literate and resistance art office introduction

0

An Introduction to Revenue Management

Revenue management (RM) refers to the collection of strategies and tactics firms use to scientifically manage demand for their products and services. It has gained attention recently as one of the most successful application areas of operations research (OR). The practice has grown from its origins as a relatively obscure practice among a handful of major airlines in the postderegulation era in...

Bond Rating with πGrammatical Evolution