Using daily data from 182 spatially separated U.S. cash markets for the years 2006-2011, I investigate price discovery for corn. With a large number of cash markets available, I take into account explicitly the issue of market selection, which has been neglected in previous work. I find that empirical results concerning price discovery based on corn cash and futures markets vary with selection ...

In order to obtain SEO (Secondary Equity Offering) qualification, china listed companies would do different levels of earnings management centering on accounting earnings indicators. While previous researches on earnings management are mainly focused on enterprise management authorities’ accruals manipulation. In fact, in order to avoid losses, the user of statements would pay more attention to...

this paper explains offset and develops a strategic approach for the implementation of offset-policy for a buyer country. offset emerges when a country cannot afford to pay cash for non-essential imports, and cannot get cash for many of its products. offset arrangements are most frequently found in the defense-related sector. however, recently, it refers to a range of industrial and commercial ...

The intensity of competition in business markets is to the extent that even the slightest strategic mistakes will lead to the failure of the organizations. The lack of knowledge and implementation of appropriate competitive strategies in such markets and, on the other hand, the failure to review the effects of these strategies on the types of cash flows in diverse capital structures is no also ...

In ATM cash replenishment banks want to use less resources (e.g., cash kept in ATMs, trucks for loading cash) for meeting fluctuated customer demands. Traditionally, forecasting procedures such as exponentially weighted moving average are applied to daily cash withdraws for individual ATMs. Then, the forecasted results are provided to optimization models for deciding the amount of cash and the ...