Capital structure of Portuguese service industries: a panel data analysis
Article Abstract:
Panel data for the period 1999-2003 was analyzed, and it was found that Portuguese service industries prefer internal to external financing, not conforming to the theory of Modigliani and Miller. It was found that different sectors of the service industry activity are significant in interpreting company capital structure in Portugal. The study concludes that debt contributes to enhancing management efficiency, agency problems among shareholders and creditors having no relevance.
Publication Name: The Service Industries Journal
Subject: Business, international
ISSN: 0264-2069
Year: 2007
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Advance demand and a critical analysis of revenue management
Article Abstract:
A theoretical framework of advance demand through six propositions is presented. The concept of acquisition and valuation risks is introduced by the framework and recommends that advanced demand distribution is based in the trade-off between them. The study suggests how firms can influence advanced demand through the use of the framework as a strategic tool instead of traditional revenue management tools.
Publication Name: The Service Industries Journal
Subject: Business, international
ISSN: 0264-2069
Year: 2007
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The role of service guarantees in service development
Article Abstract:
Service development is a difficult task for companies competing through services. Service guarantees are formalized recovery techniques that can be used for dealing with service failures and supporting service development. The contribution of the service guarantee on development is demonstrated through its influence in three service processes.
Publication Name: The Service Industries Journal
Subject: Business, international
ISSN: 0264-2069
Year: 2004
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