Highway work zones interrupt regular traffic flows and create safety problems. Improving safety without sacrificing the main function of highways is a challenging task that traffic engineers and researchers have to confront. In this study, the concept of using crash severity index (CSI) for work zone safety evaluation was proposed and a set of CSI models were developed through the modeling of w...

This paper examines the implications of the separation of ownership and management based on a strategic export promotion policy when the shares of exporting firms are internationally owned by the residents of both countries in an international duopolistic market. Although the presence of either cross ownership or managerial delegation weakens the exporting countries’ subsidization incentives, t...

I most marketing experiments, managerial decisions are not based directly on the estimates of the parameters but rather on functions of these estimates. For example, many managerial decisions are driven by whether or not a feature is valued more than the price the consumer will be asked to pay. In other cases, some managerial decisions are weighed more heavily than others. The standard measures...

Supplier development is necessary as organizations and industries are competing on the capabilities of their supply chains and not necessarily their own individual organizations. Supplier development evaluation through formal modeling and decision support approaches is limited in the literature. Formal modeling tools to aid managers in evaluating green supplier development programs are virtuall...

This paper examines the relation between dividend policy, managerial ownership and debt-financing for a large sample of firms listed on NYSE, AMEX and NASDAQ. In addition to standard parametric estimation methods,weusea semi-parametric approach,whichhelps capturemoreeffectivelynon-linearities in thedata. In linewith the alignment effect ofmanagerial ownership, our results support a negative rel...

This paper addresses the influence of managerial decision-making processes on the evolution of industries. Managers face very complex investment decisions due to uncertainties about customer acceptance, market size, technology, actions of competitors, and a dynamic complex feedback system. Managerial decision-making processes are almost the most influential variable to manipulate the evolution ...

We examine the impact of biases in managerial judgment and in accounting reports on the voluntary disclosure of private managerial information. We show that any biased managerial judgment in interpreting private information that is voluntarily disclosed, and negatively biased accounting (conservatism), reduce voluntary timely disclosure by firms. Only positively biased (less conservative) accou...