Identifying and developing project manager’s competency is becoming more and more important in a today competitive market. This importance also has absorbed the attention of main project management institutions such as Project Management Institute (PMI), Association for Project Management...

This paper investigates how banks, as a group, react to macroeconomic risk and uncertainty, and more specifically the way banks systemic risk evolves over the business cycle. Adopting the methodology of Beaudry et al. (2001), our results clearly suggest that the dispersion across banks...

According to the neoclassical theory of investment, if firms’ accruals are a form of short-term investment they should be greatly influenced by the shadow price of capital, namely Tobin’s q. In the presence of financial market imperfections, cash-flows should also impact accruals since they...

Dans un contexte de raréfaction des ressources budgétaires dans lequel l’exigence des citoyens en matière de qualité de services publics et de reddition des comptes est accrue, les collectivités locales cherchent à optimiser leurs dépenses et maximiser leurs ressources. L’objectif de...

Since the subprime crisis, securitization by financial institutions has been threatened, both in the U.S. and in Canada. In the U.S., private financial institutions have almost completely stopped their securitization activities. In Canada, the asset-backet commercial paper market is moribund and...

Data suggest a change in banks’ performance attributable to a greater involvement in non-traditional activities. Indeed, market-oriented banking increases banks’ accounting returns at the cost of a higher volatility in financial results. The motivation of this paper is to study how bank...

Dans l'ensemble, la gestion de projet souscrit à une perspective rationnelle et objective selon laquelle l’organisation est relativement libre de tensions politiques, psychosociales, et culturelles. Si ces hypothèses semblent être adéquates dans le cadre de la gestion quotidienne et...

Au fil des années, le projet est devenu une des approches privilégiées pour mettre en oeuvre des changements dans les organisations et le système de santé québécois n'échappe pas à cette tendance où le développement du projet clinique a été retenu pour améliorer la première ligne...

This paper combines the idea of preliminary test and ridge regression methodology, when it is suspected that the regression coefficients may be restricted to a subspace. The preliminary test ridge regression estimators (PTRRE) based on the Wald (W), Likelihood Ratio (LR) and Lagrangian...