The 2008 financial crisis exemplifies significant uncertainties in corporate financing conditions. We develop a unified dynamic q-theoretic framework where firms have both a precautionary-savings motive and a market-timing motive for external financing and payout decisions, induced by stochastic financing conditions. The model predicts (1) cuts in investment and payouts in bad times and equity ...

Despite a large literature examining the effect of litigation on education finance, student achievement and community outcomes, relatively little attention has been paid to the effect of this litigation on teachers’ compensation. This is especially puzzling given the role that teachers unions play in supporting, and sometimes originating finance lawsuits. In fact, union support for finance laws...

There is a need for the traditional risk management model, which focuses on department based risk assessment, loss management and risk financing, to evolve to enable it to become more responsive to the increasing demands for safety and accountability imposed on the current US healthcare system. The risk management focus must become more strategic and systems based, and less crisis orientated an...

This study examines notions of public finance equity in the six Arabian Gulf monarchies of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. Because of unique characteristics of government expenditures and revenues in these monarchies, many of the standard concepts of public finance (such as the Benefits Principle, Abilityto-Pay Principle, Vertical Equity, and Horizontal...

The "hazard" associated with a waste essentially controls the overall engineering approach to finding suitable alternatives for solving potential disposal problems. It should be recognized that all factors affecting environmental equilibrium must be considered, including product sales, process design, financing, pre- and end-of-pipe treatment, residuals management, and ultimate bioaccumulation ...

Micro Business Credit is financing for Micro, Small, Medium Enterprises (MSMEs) in the form of providing working capital supported by guarantee facilities productive businesses. Bank BKC Susukan Branch Cirebon Regency a Regional Rural addition to conventional commercial banks such as BNI, BTN, Mandiri, Bukopin, Mandiri Syariah which trusted government distribute business loans. The phenomenon t...

This study analyzes a class of supply chain financing system that includes the small and mediumsized manufacturer, the retailer and the raw material supplier which is the core enterprise. Both the manufacturer and the retailer face cash-constraint and cannot produce/order their optimal quantity. Our study is mainly to discuss two financing methods: direct financing and supply chain finance fina...

Islamic Microfinance Institutions (LKMS) mean bodies engaged in the financial sector based on teachings originating from Qur'an and As Sunnah. Most of financing for is intended business sector, has ability to reach micro-enterprises. This study aims analyze awareness perceptions Micro Small Enterprises (MSMEs) Medan City regarding Capital Sources institutions. The method used this descriptive q...

Credit management knowledge is a critical factor in the entrepreneurial success of businesses. Understanding how to effectively manage credit transactions, assess creditworthiness, and maintain positive relationships with creditors essential for financial stability growth. Entrepreneurs strong are better equipped secure financing, build credibility, optimize cash flow, make informed decisions. ...