The concept of customer lifetime value (CLV) is widely used by marketing practitioners and academics in making decisions about customer acquisition and retention spending. The traditional view of CLV, however, assumes that the firm has the unlimited capacity to serve all its acquired and retained customers. In this paper we consider a firm with limited capacity and determine the role that CLV p...

We study the effect of new product introduction on firm value. Using a unique sample on mobile phone handset introduction by 16 major handset manufacturers over 10 years, we distinguish between imitative product introduction and truly innovative product introduction. We find that while most product introduction is imitative, both types of innovation increase firm value. However, truly innovativ...

The pricing and control of firms’ debt has become a major issue since Merton’s (1974) seminal paper. Yet, Merton as well as other recent theories presume that the asset value of the firm is independent of the debt of the firm. However, when using debt finance firms may have to pay a premium for an idiosyncratic default risk and may face debt constraints. We demonstrate that firm specific debt c...

تهدف هذه الدراسة إلى فحص أثر الحاكمية المؤسسية وخصائص الشركة على قيمة الشركة. تكونت عينة من 40 شركة مساهمة عامة صناعية مدرجة في بورصة عمان خلال الفترة (2009-2018) حيث بلغ إجمالي عدد المشاهدات (4670 ) تم تضمنيها التحليل. قياس حوكمة الشركات (حجم مجلس الإدارة، وعدد أعضاء الإدارة الاناث، واستقلالية الإدارة, إجتماعات لجنة التدقيق، والازدواجية للمديرين التنفيذيين)، وتم خصائص حجم الشركة، وعمر (التأسيس...

This study aims to ascertain how the capital structure affects firm value via profitability moderated by hedging practices and size. Verification analysis is used in this study, with data techniques through conditional process analysis. Companies from miscellaneous industrial sectors that were listed on Indonesia Stock Exchange between 2016 2020 make up research population. The showed that: pro...

This paper is prompted by the lack of relevant studies on implication dangerous infections contagious diseases caused Coronaviruses in firms Indonesia. Therefore, purpose this study to examine effect severity Covid-19 infection market value firms. Research firm presented based quarterly information Indonesian listed By employing a generalized least squares approach, concluded that has resulted ...