This study examines the use of analytic techniques to develop a model that predicts the potential default of Small Business Administration (SBA) backed loans issued to American franchisees. Data collected by World Franchising (WF) in their 2008 survey and by SBA from 2000-2008, covering 271...

Although China has claimed since 2005 that it will move towards a more market-oriented system of managing its foreign exchange, it has remained in part a managed economic system. This article examines the relative importance of market force and currency arrangements in determining the RMB...