Cash Management

Although target costing is an extensively studied topic in the management accounting literature, a holistic investigation into its methodological development is missing. Therefore, an extensive state-of-the-art analysis is conducted that focuses …

The importance of industry-specific characteristics in financial distress is widely acknowledged, but often overlooked by researchers studying the hospitality industry. The primary objective of this paper is to investigate the key determinants of …

We examine the association between directors’ liability insurance and investment-cash flow sensitivity with listed firms in Taiwan. We find that directors’ liability insurance increases the investment-cash flow sensitivity. Specifically, insured …

This article aims to assess the current situation and the evolution of the literature on the role of top level decision-makers in initial public offerings. The article combines bibliometric and qualitative reviews of 147 articles published in 57 …

In this chapter, we study an optimal control problem of fully coupled FBSDE with partial information, i.e., Problem A Problem A introduced in Section 1.2 . Using the convex variation and the duality technique, we derive a stochastic maximum …

Are options high-risk trading devices? Many who invest or trade avoid options in the belief that they are speculative, exotic, and even dangerous. However, as the options industry has evolved over the years, it has outgrown its reputation as a …

In this chapter, we take a qualitative and quantitative approach to reviewing conceptual research on—as well as analytical models and empirical assessments of—the interactions between operations and finance. First, we take a quantitative approach …

This chapter offers a theoretical framework for SCF (supply chain finance) and summarizes its applications. We start by proposing a framework for categorizing supply chain finance instruments and then discuss their underlying mechanisms. Next we …