Pricing and Dividend Policies in Open Credit Cooperatives

Optimal pricing and replenishment policies for instantaneous deteriorating items with backlogging and trade credit under inflation

In this paper we develop an economic order quantity model to investigate the optimal replenishment policies for instantaneous deteriorating items under inflation and trade credit. Demand rate is a linear function of selling price and decreases negative exponentially with time over a finite planning horizon. Shortages are allowed and partially backlogged. Under these conditions, we model the ret...

Optimal pricing and ordering policies for perishable products under advance-cash-credit payment scheme

Recently, market globalization and competition have forced companies to find alternative means to boost sales and revenue. The use of the cash flow is increasingly becoming a viable alternative for managers to improve their company’s profitability in a supply chain. In today’s business transactions, a supplier usually asks a manufacturer to pay via the advance-cash-credit (ACC) payment scheme i...

Efficiency and Ownership: Evidence from Japanese Credit Cooperatives

Data envelopment analysis (DEA) is used to estimate the overall efficiency and productivity growth of credit cooperatives in Japan during 1992–1996. Overall efficiency is decomposed into output technical efficiency and input allocative efficiency. Twenty percent of all credit cooperatives in Japan are foreign owned with more than 90% of those owned by Koreans. The history of institutional discr...

Credit derivatives and loan pricing

This paper examines the relation between the new markets for credit default swaps (CDS) and banks’ pricing of syndicated loans to US corporates. We find that changes in CDS spreads have a significantly positive coefficient and explain about 25% of subsequent monthly changes in aggregate loan spreads during 2000–2005. Moreover, when compared to traditional explanatory factors, they turn out to b...

Pricing policies