Non-profit organizations are one of the most important segments today, because their actions encourage growth and development society. These characterized by a complex management system with little possibility applying exclusively economic criteria when defining goals, as well measuring results, presence political factor, which conditions poor results in economy non-profit public sector. The ap...

Background: There is a better way to identify profit management companies, and that is to focus on the motivation and ethical beliefs of managers. Therefore, the purpose of this study is to evaluate the ethical and immoral behaviors of earnings management. Method: The method of conducting the present research in the category of qualitative research is descriptive-survey. The statistical popula...

A Schumpeterian growth model is constructed where R&D firms innovate to produce better versions of the products or imitate to copy existing innovations. Because firms cannot use their innovations or imitations as collateral, they finance their investment by issuing shares. Households save by purchasing these shares. The government affects the level of profits through competition policy. The mai...

This paper investigates equilibrium strategies for both horizontal (HJP) and vertical (VJP) joint promotions (cooperative advertising) in the supply chain. A game theoretic model is solved for two setups: a centralized channel competing with a decentralized one (DC), and two competing decentralized channels (DD). Retailers decide of HJP and regular promotional efforts, as well as of prices. Man...

A good promotional strategy encompasses advertising, sales promotion, public relations, and personal selling in order to communicate with their present and potential consumers (Kotler, 1994). Because they have been shown to have a significant sales impact, sales promotions are majorly employed in businesses. Application of consumer sales promotions in product management requires debate over its...

This paper compares assets-based portfolio management fees to profits-based fees. Whilst both forms of compensation can provide appropriate risk incentives, fund managers ́ limited liability induces more excess risk-taking under a profits-based fee contract. On the other hand, an assets-based fee is more costly to investors. In Spain, where the law explicitly permits both forms of retribution, a...