We use a unique dataset of product warranty offerings by firms to investigate the effect of a firm's warranty reserve levels on its capital structure decisions. Our sample consists of firms that (i) offer explicit warranties, (ii) likely offer implicit product warranties, and (iii) are in...

Existing theories of a firm's optimal capital structure seem to fail in explaining why many healthy and profitable firms rely heavily on equity financing, even though benefits associated with debt (like tax shields) appear to be high and the bankruptcy risk low. This holds in particular for...

The changing nature of work these days has brought about issues of psychological well-being of employees affected by organizational change. The present study investigated the moderating effect of work values on the relationship between perceived job insecurity and psychological distress among...

Traditional face-to-face office environments are gradually being replaced by virtual interaction and remote management. This physical separation can create circumstances in which conventional management approaches may no longer be appropriate. This research develops a model that explains how...

Though it is well accepted that employees have multiple identities which change over time, little is known about how organizational identification changes and the factors that cause these changes. The study reported in this paper examined the dynamic relationships of organizational...

We investigate the economic importance of implicit quality incentives in an agricultural market that lacks the institutional capacity for measuring quality verifiably. We measure the magnitude of implicit price premiums for quality, and we distinguish empirically between hedonic-pricing and...

The purpose of this study is to understand the effect of breach of psychological contract on workplace deviant behavior of Information Technology Professionals of Pakistan.There is a need for this study as it was seen that IT industry of Pakistan could not flourish as much as IT industries of...

We employ a unique dataset of credit assessments for 3,756 small businesses by nine banks using an identical rating model to examine (i) to what extent loan officers use their discretion to smooth credit ratings of their clients, and (ii) to assess whether this use of discretion is driven by...