H1: There is no negative and significant relationship between quality of financial reporting and overcapitalization
Given the extent of overcapitalization
and wasted effort in most fisheries under traditional management, it should be possible to compensate potential losers from the gains generated by reform.
Those countries with higher subsidies designed to increase fishing revenue, or lower the costs of fishing and thus enhance productivity, recorded higher losses due to overfishing and overcapitalization
In a keynote address at the Advisen Casualty Insights Conference May 1 in New York, Mark Lyons, chief executive officer of Arch World Wide Insurance Group said overcapitalization
is hiding losses on business.
The authors provide theoretical evidence that capital expenditure disallowances will increase the Averch and Johnson effect in some instances and thus may have contributed to the overcapitalization
problem that regulation was designed to discourage.
676), the empirical evidence of the effect of ROR regulation on overcapitalization
is "mixed", while Greenwald and Sharkey (1989, p.
The contract's provisions provided a strong incentive for overcapitalization
because BOVAR's profits were a function of its capital investment rather than its cost-efficiency.
LIFE INSURANCE INDUSTRY is overcapitalized, and that level of overcapitalization
increased in 2006.
As such, the implied cost (or benefit) of overcapitalization
needs to be added to the firm's costs of debt and equity.
For example, strategies may initiate local renewals to further avoid overcapitalization
, they might manage the path by which the collapse and release occur and they might reinforce opportunities for re-organization and new opportunity.
One exception is Environmental Defense, which supports ITQs as an effective tool against over-fishing and overcapitalization
was most frequently the result of overcapitalization
brought about by