Search results for " credit"
showing 10 items of 242 documents
Trade credit and determinants of profitability in Europe. The case of the agri-food industry
2018
Abstract The objective of this paper is to analyse the effect that trade credit has on the determinants of profitability during the crisis period in Europe. We use panel data for a total of 24,177 European agri-food companies from 2010 to 2014. Among our main contributions, we highlight that we isolate the sector effect and study the country effect by separating the different policies and customs with respect to the granting of trade credit. The results confirm, in general, that trade credit affects profitability depending on the country and the characteristics of size, specificity, market power or reputation.
An Analysis of the Drivers of Microfinance Rating Assessments
2012
Rating assessments of microfinance institutions (MFIs) are claimed to measure a combination of creditworthiness, trustworthiness, and excellence in microfinance. Using a global data set covering reports from 304 microfinance institutions, this study suggests that these ratings are mainly driven by size, profitability, and risk. The overall results suggest that microfinance ratings convey information similar to that communicated by traditional credit ratings. All results are remarkably consistent across rating agencies. The determinants of the rating grades are found to be the same in all subsamples.
Penalties in the Theory of Equilibrium Tax Evasion: Solving King John’s Problem
2010
The authors characterize equilibria of an income reporting game with bounded returns and no commitment where detected tax evaders are charged the maximally feasible amount. Introducing partial commitment to punishment relief eliminates multiplicity of equilibria. The authors identify a unique limit equilibrium where the poorest citizens evade, intermediate citizens are honest, and the richest citizens are indifferent between evading and truth telling. For small tax rates and auditing cost, committing to a discretionary punishment relief scheme increases expected tax revenue.
On the Acceptability of the Ambient Tax Mechanism: An Experimental Investigation
2009
There is a common belief among nonpoint source pollution managers that ambient taxes are likely to raise acceptability problems. In this paper, we empirically assess the acceptability of ambient taxes. Concretely, we ask participants in an experiment to play the role of polluters who choose between (A) an ambient tax scheme and (B) an individual tax system (polluters are heterogeneous, with small, medium and large capacity polluters). In case (A), polluters' payoff depends on total emissions and on natural variability whereas in case (B) polluters earn a sure payoff. The sure payoff level reflects polluters' maximal profit under the individual tax system and ranges from 40% to 95% of pollut…
I lavoratori possono ottenere il riconoscimento dei loro crediti anche nei procedimenti per misure di prevenzione pendenti alla data del 13 ottobre 2…
2016
l'articolo esamina la tutela dei creditori, e i particolare dei lavoratori dipendenti, nei procedimenti per misure di prevenzione pendenti alla data di entrata in vigore del codice antimafia.
La tutela dei creditori nel caso di confisca per misura di prevenzione: le novità introdotte dalla Legge di stabilità 2013
2013
L'articolo esamina gli strumenti di tutela in favore dei creditori, nel caso in cui i beni del debitore sono oggetto di misura di prevenzione patrimoniale: sequestro o confisca.
LA DIVERSITA' DI CONTENUTO DI DEBITO E CREDITO IN SENO ALL'UNITARIO RAPPORTO OBBLIGATORIO
2009
Il saggio affronta il tema della struttura dell’obbligazione e sostiene l’idea che quest’ultima si caratterizzi per la diversità di contenuto dei suoi due elementi costitutivi: il debito e il credito. Tale diversità non implica, però, anche l’autonomia dei due elementi, i quali anzi trovano la loro sintesi nella dimensione del rapporto, che rappresenta, per l’appunto, la specificità dell’obbligazione rispetto ad altre figure. Il debito e il credito sono, infatti, congiunti dal nesso di correlazione ma di non identità, che è tale da creare tra i due elementi una relazione di mezzo a fine, e ciò giustifica la conclusione secondo cui l’oggetto del diritto di credito non è costituito – a dispet…
L'adempimento del terzo e l'oggetto dell'obbligazione
2011
Don't skip intro. Sigle da non perdere
2019
In recent years, TV series have gained a central role among the classic TV genres. They have become more and more elaborate, strategically edited, catching both the critics and the audiences’ eyes. Many «surrounding» texts have contributed (and contribute) in making them popular and, among these texts, the opening credits play a special part. At the beginning of television history, opening sequences were brief and marginal texts aimed at informing the viewer about the cast and the contents he was going to watch. Nowadays they are refined products, designed to present, seduce, involve and facilitate the viewer’s entry into the story. In this paper, we will focus on these brief yet rich kind …
Soglie XXL. Sigle dei programmi televisivi sul dimagrimento
2020
TV show opening credits can be considered as frames which delimit the borders of a filmic text. They aim at advising and attracting the audience by highlighting specific aspects of the program. In doing that, opening credits as well as other forms of intros activate specific styles of relationship between the instances of production and reception of texts. They can be considered acts of enunciation through which the enunciator establishes its own discourse and gives instructions to the enunciatee about the text. In this paper we will analyze these so called “paratexts”, in particular by focusing on the intro sequences of some weight loss TV programs from the Italian television schedule. The…