Engineering asset management (EAM) is a broad discipline with distributed functions and services. When engineering assets are capital intensive, management requires specialized expertise for diagnosis, prognosis, maintenance and repairs. The current practice of EAM relies on self maintained experiential rules with coordinated collaboration and outsourcing for maintenance and repairs. In order t...

Recent work by Diether, Malloy, and Scherbina (2002) has established a negative relationship between stock returns and the dispersion of analysts’ earnings forecasts. I offer a simple explanation for this phenomenon based on the interpretation of dispersion as a proxy for unpriced information risk arising when asset values are unobservable. The relationship then follows from a general options-p...

The era of globalization has brought significantly increased economic competitiveness. Companies are required to continue develop their business. Determining the capital structure is very important for every company. Capital decisions can influence assessment a company's financial capability by knowing aspects that affect structure. purpose this research was conducted examine effect business ri...

We examine whether the concern about insurers selling similar assets due to an overlap in holdings is justified. measure this using cosine similarity and find that with more portfolios have larger subsequent common sales. When faced a shock or liabilities, exposed greater portfolio sales impact prices. Our can be used by regulators predict of any institution reports security asset class holding...

Organizational risk is often defined as a change in the flow of profit, or as a sys-tematic or non-systematic changes in the stock return flow. The risk taking of management is conceptualized as the actual investment decisions that are indictors due to uncertainty results. The purpose of this study is to investigate the effect of financial characteristics on future corporate risk taking behavio...