LABOR INTENSITY AND OPERATING LEVERAGE IN MANUFACTURING FIRMS
نویسندگان
چکیده
منابع مشابه
Export Intensity and Financial Leverage of Indian firms
The export sector is considered an important sector for developing countries; hence it is important to understand the behavior of exporting firms. This paper looks at the financial structure of such firms and investigates plausible relationships between export status and leverage. If product demand from abroad has a low correlation with domestic demand, we would expect export-intensive firms to...
متن کاملDeviation from Target Leverage and Leverage Adjustment Speed in Firms with Small Positive Earnings
This study investigates whether deviation from target leverage (leverage adjustment speed) in firms with small positive earnings (i.e., SPOS) is higher (slower) than that of other firms. We find evidence suggesting that managers of SPOS manipulate sales, production processes, and discretionary expenses to avoid reporting losses. Our results show that deviation from target leverage in SPOS is hi...
متن کاملInternational Comparison of Labor Productivity Distribution for Manufacturing and Non-Manufacturing Firms
Labor productivity was studied at the microscopic level in terms of distributions based on individual firm financial data from Japan and the US. A power-law distribution in terms of firms and sector productivity was found in both countries’ data. The labor productivities were not equal for nation and sectors, in contrast to the prevailing view in the field of economics. It was found that the lo...
متن کاملProductivity, Capital and Labor in Labor-Managed and Conventional Firms
Despite a continuing interest in the compared efficiency of labor-managed and conventional firms, only a handful of comparative empirical studies exist. These studies suggest that labor-managed firms have the same productivity levels as conventional ones, but organize production differently. However, the data used in these studies cover a single industry, or firms matched by industry and size i...
متن کاملFamily Firms and Labor Relations
Empirical evidence suggests that family ownership has important implications for economic growth. Several studies find that family firms—at least secondand later-generation family firms in which the chief executive officer (CEO) is a family member, especially if CEO succession is based on primogeniture—perform relatively poorly (e.g., Francisco Pérez-González 2006; Morten Bennedsen et al. 2007;...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: International Review of Economics and Management
سال: 2016
ISSN: 2148-3493
DOI: 10.18825/irem.81315