We are grateful to Nicolai Foss for his comment on our article.! Although we do not agree with his argument and consider it to be based on a fundamental misconception, his comment nevertheless raises an important point and gives us the opportunity to clarify our position on the role of institutions in the coordination of investment in a capitalist economy. Foss takes issue with our argument tha...

The bias against mangrove areas in siting fish farms prompted a comparison of the cost structure and yield performance in upland and mangrove locations. Tools utilized included descriptive statistics, budgetary and cash flow analyses and profitability ratios. Empirical results revealed that substantial revenue could be realized from both farms. While the upland farms yielded average gross reven...

This paper examines the impact of loan loss provisions of the banks on the performance of the banks operating in Pakistan. Moreover the other factors that affect the banking profitability have been discussed in this study. Our results show that the loan loss provision of the banks is of paramount importance in affecting its profitability. A well-managed bank is perceived to be of lower loan los...

Utilizing recent developments in data envelopment analysis (DEA), this paper examines the performance of the top 55 U.S. commercial banks via a two-stage production process that separates profitability and marketability. Substantial performance inefficiency is uncovered in both dimensions. Relatively large banks exhibit better performance on profitability, whereas smaller banks tend to perform ...

This paper deals with private sponsorship as a tool for the redevelopment of Italy’s vast wealth of historical-architectural public heritage sites. Italian law provides for the stipulation of sponsorship agreements by and between public sector agencies or entities (which need financial resources to restore or re-qualify property) and private sector investors (which guarantee the capital sought ...

Objective: Walnut (Juglans Regia) is a domestic fruit of Iran. Walnut kernel (WK) has many beneficial constituents such as unsaturated fatty acids, antioxidants, and vitamin E. Scientific studies have shown that fatty acids and vitamin E can modulate learning and memory processes. The aim of the present work was to study effects of walnut consumption by mothers during pregnancy and lactation on...

Group. We thank Dun and Bradstreet for providing us with data. The views expressed are the authors' own and do not necessarily reflect those of the World Bank, its Board of Directors or the countries they represent. 2 Abstract This paper uses a new dataset to examine the issue of how the design of privatization affects outcomes. Prior studies of Czech privatization have focused largely on how t...

The profitability of banks depends upon a number of factors including existing business conditions, bank size, efficiency of operations, leverage (volume of deposits to equity capital), and the extent of competition among banks. Overall bank profitability and some determinants of profitability can be measured by using a number of operating ratios as rate of return on capital, rate of return on ...

A fundamental marketing problem faced by auctioneers is the promotion of their auction in order to recruit bidders. Merchants would like to attract as many bidders as possible to an auction, since the higher the number of bidders, the higher the expected winning price and profitability. This suggests that an intense advertising campaign that raises awareness for the largest possible customer ba...

Indian banking industry has transformed in recent years due to the globalization market which has resulted in fierce competition. This new competitive environment has resulted in new challenges for the Indian banks especially for public sector banks to retain their share. The present paper is mainly concerned with the analysis of factors that influence the performance of banks. The paper examin...