The profitability-risk tradeoff of just-in-time manufacturing technologies

Article Abstract:

The qualitative and quantitative surveys by Callen et al. (2000) indicate that just-in-time (JIT) manufacturing is more profitable than conventional non-JIT manufacturing. This study tests the hypothesis that the excess profitability of JIT plants compensates for the additional risks of JIT manufacturing relative to conventional manufacturing. It was found that the JIT plants are more profitable than non-JIT plants even after adjusting for risk.

Surveys

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Financial health and airline safety

Article Abstract:

Agency-cost models suggest that firms may pursue riskier strategies in time of financial distress, but there exists only a modest amount of empirical evidence that relates financial health to the risk-taking behavior of firms. This relationship is explored for the airline industry in terms of airline mishaps to measure safety and similar matters.

General services, Air Transportation, Scheduled, And Air Courier Services, Financial Systems & Controls, Financial Management, Safety and security measures, Airlines

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Patterns of corporate governance and technical efficiency in Italian manufacturing

Article Abstract:

The interrelations between corporate governance and technology adoption are examined by focusing on Italy's manufacturing industries.

Italy, Management dynamics, Management, Usage, Corporate governance, Technological innovations, Company business management

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