Copyright © On the basis of an empirical analysis of 491 UK recent secondary management buyouts (SMBOs), we find strong evidence of a deterioration in long-run abnormal returns following SMBOdeals. SMBOs also performworse than primary buyouts in terms of profitability, labor productivity, and growth.We find no evidence for superior performance of private equity (PE) backed SMBOs, compared with ...

Nowadays companies increasingly derive revenue from the creation and sustenance of long-term relationships with their customers. In such an environment, marketing serves the purpose of maximizing customer lifetime value (CLV) and customer equity, which is the sum of the lifetime values of the company’s customers. A frequently-encountered difficulty for companies wishing to measure customer prof...

Flexibility has emerged as an optimal solution to the increasing uncertainty in power systems produced by continuous development and penetration of distributed generation based on renewable energy. Many studies have shown benefits for system operators stakeholders diverse ancillary services derived from demand-side flexibility. Cost-benefit analysis these flexibility should be carried out deter...

China’s banking system has a relatively high level of state control, while an important task in regulating the is to manage profitability banks. Using stochastic frontier approach assess commercial banks not only allows for bank’s ability generate profits relative leading industry be assessed but also takes into account specifics management technologies used and influence market environment. Th...

This study investigates the firm-specific factors affecting the profitability of non-life insurance companies operating in Turkey. For this purpose, data of 24 non-life insurance companies operating in Turkey from the period 2006–2013 were brought together to obtain 192 observed panel data sets. In this study, profitability is measured by two different variables: technical profitability ratio a...

Monte Carlo simulation is used to develop a flexible framework to measure the profitability, risk, and competitiveness of any insurance product. A genetic algorithm is then used to seek the optimum asset allocations that form the profitability-risk-competitiveness frontier and to examine the profitability, risk, and competitiveness trade-off's. We also show how to select the appropriate asset a...