mobile commerce is whatever electronic transfer or transaction via a mobile modem through a mobile net in which the true value or advance payment is done for goods, services or information. a mobile payment system should be beneficial for all related persons. for a payment system to be a successful system, end-user, seller, exporter and operators should see a additional value in it. end-user pr...

Advance payment systems represent a pricing innovation, in which companies predict customers’ future consumption for the following year and then bill a series of monthly, uniform advance payments. Any difference between predicted and actual consumption gets settled at the end of the year with a refund or extra payment. Companies thus gain earlier access to funds and lower risk of customer defau...

We explore the issue of supply chain coordination by considering trade credit and its risk. It shows that, in a retailer–manufacturer system, the manufacturer may deliver less than the retailer's order quantity when the payment is delayed, and the manufacturer's risk aversion makes this result hold in a wider range. These findings are different from the common sense believed in the retailer–man...

I examine the role of debt-financed special payments to shareholders in defending incumbent managements during proxy contests. This role is based on shareholder preference for dividends and the consequent linkage between dividends and managerial security. The model is used to explain why the seemingly contradictory phenomena of (i) wealth losses to shareholders and (ii) lack of any substantial ...

Profitably managing inventories is always a big challenge for retailers in the current context of transparent and competitive business. A general retailer needs to handle both deteriorating non-deteriorating products simultaneously run Deterioration sometimes impacts retailer’s profits badly—a situation which can be alleviated by implementing proper preservation technology. In addition, improve...