This paper is the first part of a project that will examine the role of MNCs in the transfer of FMS technology. The paper is the result of a hypotheses generating phase conducted largely through a literature review. Multinational corporations (MNCs) are the principal agents of international...

This large empirical study of corporate profitability in emerging markets during the 1980s and 1990s measures the intensity of competition. Data on corporate rates of return, profit margins, and output-capital ratios reveal that the recent liberalization has been associated with reduced...

Abstract The micro-economic behaviour of economic agents in the crisis-affected Asian economies, together with the private sector’s expanding role in developing countries in general have focused attention on issues of competition, corporate governance and finance. The paper explores the...

This paper examines from the developing countries perspective important analytical and policy issues arising from: a) the current international discussions about corporate governance in relation to the New International Financial Architecture; b) changes in the international competitive...

Abstract This paper reports on a large empirical study of corporate rates of return in emerging markets during the 1980's and 1990's. It focuses on the nature and intensity of competition and how it should be measured. The data on corporate rates of return, profit margins and output:capital...

This paper examines from the developing countries perspective important analytical and policy issues arising from: a) the current international discussions about corporate governance in relation to the New International Financial Architecture; b) changes in the international competitive...

This is an important and ambitious book but its timing could not be more unfortunate. It is the result of a two year research project co-sponsored by the Economic Development Institute (EDI) at the World Bank and by the Center for Economic Policy Research at Stanford University. The contributors...

Inventory control is among the most important topics in operations research because of large investments in inventory and their effect on the profitability of the firms. A systematic analysis of inventory problems began with the development of the classical EOQ formula of Ford W. Harris in 1913,...

A mixed optimization technique for optimal machine replacement is presented which allows much more flexibility than previous models. Optimal purchase, maintenance and sale of a given machine between any two given points in time is treated as a subproblem, which one may choose to solve via...

In a multiperiod decision problem it is usually the decisions in the first or first few periods that are of immediate importance to the manager. Decision/Forecast horizon (DH/FH) research deals with the question of whether optimal decisions in the first or first few periods (known as DH) can be...