Most research in customer asset management has focused on specific aspects of the value of the customer to the company. The purpose of this article is to propose an integrated framework, called CUSAMS (customer asset management of services), that enables service organizations (1) to make a comprehensive assessment of the value of their customer assets and (2) to understand the influence of mark...

The purpose of this study was to determine the effect liquidity as proxied by Current Ratio (CR) and Asset Growth (AGR) firm value (PBV) in telecommunications companies. type data used research is secondary data. sampling technique purposive sampling. population are telecommunication companies listed on Indonesia Stock Exchange many 3 2016-2021 period. method descriptive with a quantitative app...

in modern economics, intellectual capital is described as an intangible asset which can be used as a source of sustainable competitive advantage. however, intellectual capital components have to interact in themselves to create value. the paper seeks to examine the impact of intellectual capital on firms’ market value and financial performance. the efficiency of the value added by corporate int...

When the asset is not completely liquid, we cannot trade the asset continuously. To represent this we assume that the risky asset can be traded at the random times that are exponentially distributed. We solve the optimal portfolio problem of this asset. And the asymptotic character of the optimal strategy is discussed. Further we show the convergence of the value function when the liquidity bec...

This paper studies a model of strategic trading with asymmetric information of an asset whose value follows a Brownian motion. An insider continuously observes a signal that tracks the evolution of the asset’s fundamental value. The value of the asset is publicly revealed at a random time. The equilibrium has two regimes separated by an endogenously determined time T . In [0, T ), the insider g...

We consider a model of strategic trading with asymmetric information of an asset whose value follows a Brownian motion. An insider continuously observes a signal that tracks the evolution of the asset’s fundamental value. The value of the asset is publicly revealed at a random time. The equilibrium has two regimes separated by an endogenously determined time T . In [0 T ), the insider gradually...

This paper demonstrates that insufficient liquidity, in the form of a shortage of safe assets that are useful as collateral in facilitating exchange, can lead to substantial movements in asset prices. There is a single asset that yields a positive payoff stream and can be traded in a centralized market. The asset can also be used to facilitate exchange in decentralized, or over-the-counter, tra...