Purpose: A plethora of studies focused on the cause and solutions for the bullwhip effect, and consequently many have successfully experimented to dampen the effect. However, the feasibility of such studies and the actual contribution for supply chain performance are yet up for debate. This...

Purpose – The purpose of this paper is to assess how investment, financing and dividend policies may affect firm value. Design/methodology/approach – The paper develops a system dynamics‐based model by using “financial management approach,” “capital structure approach,”...