This paper investigates how the costs associated with dismissing employees impact a firm’s capital structure decisions. I hypothesize that increases in these labor adjustment costs reduce a firm’s optimal amount of debt financing by lowering expected profitability and raising financial distress costs and operating leverage. To test this hypothesis, I adopt a difference-in-differences research d...

BACKGROUND Data on the effectiveness of employer-sponsored financial incentives for employee weight loss are limited. OBJECTIVE To test the effectiveness of 2 financial incentive designs for promoting weight loss among obese employees. DESIGN Randomized, controlled trial. (ClinicalTrials.gov: NCT01208350) SETTING Children's Hospital of Philadelphia. PARTICIPANTS 105 employees with a bod...

In this paper we show that a non-monotonic relationship links certain structural characteristics of the banking market to financial stability, including the number of banks in the market, the branching decisions and branch productivity. Using a non-dynamic panel threshold regression we explain how financial stability is affected by baking market power when market power is subject to one or more...

Worksite smoking cessation programs offer accessibility of the target population, availability of occupational health support, and the potential for peer pressure and peer support. The purpose of this study was to identify the efficacy of the financial incentives given to various teams in the workplace. St. Paul's Hospital's employees were enrolled. Each team of employees consisted of smoking p...

The purpose of this study was to test the relationship between level financial literacy PT. Adhi Karya Tbk (Persero) and its retirement plans. data used in is primary from results distribution questionnaire form PT employees. Tbk. (Persero). method a survey that intends analyze through description has been obtained. Hypothesis testing multiple linear analysis. prove behavior an influence on pla...

Objective. In recent years, New Mexico has prioritized integrated treatment for cooccurring mental health and substance use disorders within its public behavioral health system. This report describes factors likely to be important when implementing evidence-based practices (EBPs) in community agencies. Methods. Our mixed-method research design consisted of observations, semistructured interview...

Mergers and acquisitions are highly prevailing, influential and risky corporate events. The bulk of the literature relating to M&As focus on economic, financial and strategic factors behind these practices and financial performance is taken to be the most common determinant of M&A success. Nevertheless, increasingly the success of organizational combinations has been measured by the reactions o...

This study proposes a frontline learning process by which organizations capture new knowledge generated by frontline employees in addressing productivity-quality tradeoffs during customer interactions and transform it into updated knowledge for frontline use. Updated knowledge, in turn, is posited to influence customer satisfaction and financial outcomes (i.e., revenue, efficiency). Empirical t...

In order to achieve success in today's competitive world, organizations should adapt to environmental changes. On the other hand, managers should have a set of values and ethical guidelines for their administrative and organizational functions. This study aimed to investigate the association between work ethics and attitudes towards organizational changes among the administrative, financial and...