We investigate how firms manage financial default risk (on debt) and operational default risk (on delivery obligations). Financially constrained firms reduce operational hedging through inventory and supply chain in favor of cash holdings. Our model predicts that firms' markup increases with...

Purpose: The purpose of this empirical paper is to identify the role of social networking information (SNI) on job candidates' pre-employment background checking (PBC) process. SNI was further divided into three elements: perceived availability of information (PAI), perceived accuracy of...

3D (Three-dimensional) ZnO (zinc oxide)/rGO (reduced graphene oxide)/ZnO sandwich-structured were synthesized by adding zinc oxide powder to the reaction of graphitic oxide reduction and heating. In this reaction, ZnO nanorods arrays with the size of 20–40 nm grew on both surfaces of rGO...

This study examines how the Chinese state-owned banks allocate loans to private firms. We find that the banks extend loans to financially healthier and better-governed firms, which implies that the banks use commercial judgments in this segment of the market. We also find that having the state...

In order to regulate work in process (WIP) to the desired value in the job shop production control system, capacity adjustment as an effective and efficient measure, which is typically achieved by flexible staffs and working time. In this paper, instead of traditional labour-oriented approaches,...