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Attacking the DeFi Ecosystem with Flash Loans for Fun and Profit

Financial Cryptography, 2020
Credit allows a lender to loan out surplus capital to a borrower. In the traditional economy, credit bears the risk that the borrower may default on its debt, the lender hence requires an upfront collateral from the borrower, plus interest fee payments.
Kaihua Qin   +3 more
semanticscholar   +1 more source

Why resource-based theory's model of profit appropriation must incorporate a stakeholder perspective

Strategic Management Journal, 2018
Research Summary: Using arguments derived from transactions cost economics and incomplete contract theory, this article shows that the assumption that shareholders are a firm's only residual claimants is logically inconsistent with resource‐based theory ...
J. Barney
semanticscholar   +1 more source

The Profits of Not-for-Profit Hospitals

Journal of Health Politics, Policy and Law, 1988
This paper explores the profits of not-for-profit (NFP) hospitals and identifies the factors that determine whether such profits are adequate. A model which relates hospital charges to surpluses is used to derive NFP surplus from gross patient charges and operating costs.
Cyril F. Chang, Howard P. Tuckman
openaire   +3 more sources

Profitability and Profit-Sharing

The Journal of Industrial Economics, 1986
Claims that profit-sharing is a purely distributive "wealth confiscation scheme" without incentive effects (due to free-rider problems) are based on neglect of cooperation and interaction in the workforce. When these activities are difficult to monitor directly, group incentives such as profit-sharing can increase efficiency and maintain a superior ...
FitzRoy, Felix R, Kraft, Kornelius
openaire   +2 more sources

Profit Allocation for Federated Learning

2019 IEEE International Conference on Big Data (Big Data), 2019
Due to stricter data management regulations such as General Data Protection Regulation (GDPR), traditional production mode of machine learning services is shifting to federated learning, a paradigm that allows multiple data providers to train a joint ...
Tianshu Song, Yongxin Tong, Shuyue Wei
semanticscholar   +1 more source

Race for Profit

, 2019
By the late 1960s and early 1970s, reeling from a wave of urban uprisings, politicians finally worked to end the practice of redlining. Reasoning that the turbulence could be calmed by turning Black city-dwellers into homeowners, they passed the Housing ...
Keeanga-Yamahtta Taylor
semanticscholar   +1 more source

Profit

Placing Papers, 2020
Profit = (Revenue * Gross Margin) – Expenses • This simple is the basic profit equation for any business and is easily found on the P/L statement • Revenue = Sales ( money that comes into your business) • Gross Margin is the money left over from sales ...
Dany Qumsiyeh, M. Spindel
semanticscholar   +1 more source

Not- for-profit No profit≠ : Profitability planning in not-for- profit organizations

Health Care Management Review, 1991
Contrary to common understanding, not-for-profit organizations must earn a profit in order to maintain fiscal solvency. This article presents a methodology to determine the appropriate profitability target with illustrations presented for a health maintenance organization.
openaire   +3 more sources

‘Profit’ variability in for-profit and not-for-profit hospitals

Journal of Health Economics, 1991
This paper proposes two tests of the hypothesis that not-for-profit hospitals (NFPs) behave differently than for-profit hospitals. The profit variability test states that the profits of an NFP will be less variable over time than profits of a for-profit hospital if the NFP maximizes utility subject to a profit constraint.
openaire   +3 more sources

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