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In the USA, private insurance companies serve as an integral part of the delivery and risk sharing of the federal crop insurance program. Governed by the Standard Reinsurance Agreement (SRA), private crop insurance companies must designate an eligible crop insurance contract to the assigned risk, developmental, or commercial funds. While the SRA restricts the private sector delivery system in a number of ways, the assignment of contracts to crop insurance funds, however, is left solely to the discretion of individual crop insurance companies. Thus, as to the companies' profitability viewpoint, the optimal selection of the crop insurance funds is the most important task. Therefore, the purpose of this paper is to provide a decision framework for crop insurance companies to make optimal decisions regarding the purchases of crop reinsurance. This information and framework may also be useful for crop insurance firms in China when considering crop reinsurance decisions.

The paper studied three commonly used parametric loss distributions and presented a general guideline to choose the most profitable fund within the company's risk bearing level.

The paper finds many important features in the commonly used loss distributions, which are useful to maximize the company's underwriting returns.

The paper provides a general decision framework for optimally ceding risks to reinsurance. While this paper focused on agricultural insurance decisions by firms, the concept could be applied to general reinsurance decisions.

This paper briefly introduces the concept of model selection, reviews recent development in the area of econometric analysis of model selection and addresses some of the crucial issues that are being faced by researchers in their routine research problems. The paper emphasizes on the importance of model selection, particularly the information criteria and penalty functions based model selection procedures which are useful for economists and finance researchers.

This paper provides a stakeholder-based rationale for firm risk reduction through diversification. While firm-specific investments from stakeholders are often important sources of firm competitive advantage and economic rents, there is a reduced incentive for stakeholders to make these investments due to the risk associated with firm-specific investments. Since the risk associated with firm-specific investments is often related to the total firm risk level, we argue that stakeholders’ difficulties in diversifying the risks associated with their firm-specific investments create incentives for risk management by firms. We test this argument in a diversification setting. Based on a sample of firms’ first acquisition moves, we find that firms are more likely to engage in risk reduction through diversification when high levels of firm-specific assets are important to the firm's operations. Several proxies for stakeholders’ specific investments are found to be significant in explaining cross-sectional variation in the extent of ex ante risk reduction in acquisitions.

This paper aims to investigate the motivations of Australian manufacturing companies for sourcing products and services from China, the results achieved and whether these lived up to expectations, related barriers and problems, and how these problems were dealt with.

The study is based on a survey of 35 Australian manufacturing firms, which have moved to import some goods or components from Chinese sources.

Most firms that source components or products from China do so because of the cost reductions that were expected. In actuality, significant cost reductions were achieved, however these reductions were on average less than expected. Along with these cost reductions, importing goods or components from China had some quality problems and delivery delays. Control procedures, improved communications and relationship‐building strategies were employed to overcome and deal with such problems, and most firms reported remaining committed to their China sourcing strategies.

This study demonstrates and measures the motivation, degree of success, performance outcomes, and challenges that can be anticipated by firms wishing to source products or components from China.

The purpose of this paper is to explore the success factors behind four globally recognised Malaysian high fashion brands. The three main sub‐objectives are: to map the process of high fashion internationalisation onto the general retail internationalisation literature; to engage fashion within the more general marketing and branding literature; to open up a qualitative line of inquiry in internationalisation research, from an Asian business perspective.

The research design is qualitative, using a case study approach. The paper reports part of a wider study that entailed 32 depth interviews with leading practitioners in four countries, in addition to secondary and informal data sources.

The chosen case studies achieved their international success through a high degree of cultural assimilation obtained within locations of intense industrial concentration. Knowledge of education, location, language, networks and management systems were important to sustain world class standards of creative design, branding, quality management and marketing communication. For many Asian fashion brands, recognition in key European and American markets enhances the domestic prestige of the brand.

The research generates contextualised insights that are not statistically generalisable.

The study offers first hand insights into high fashion branding and retail internationalisation from four of the most celebrated Asian designers.

The study responds to a need, highlighted in the literature, for more research into the internationalisation strategies of high fashion retail brands.

Based on the social exchange theory, this study explores the mechanism of leader–subordinate power distance orientation (PDO) congruence with employees' taking charge behavior (TCB) and also verifies the moderated mediation effect of employees' promotion regulatory focus (PROM-F) on leader–subordinate PDO congruence and on employees' TCB through trust in the leader (which is the mediator).

Based on 296 questionnaires from 46 teams of Chinese enterprises, the authors use cross-level polynomial regressions and response surface techniques to analyze the effect of leader–subordinate PDO congruence on employees' TCB and use the block variable technique to test the mediating effect of trust in the leader.

(1) When leader–subordinates' PDO is congruent, the leader–subordinate low-low PDO matching pattern leads to more employees' TCB than the leader–subordinate high-high PDO matching pattern. (2) When leader–subordinate PDO is incongruent, the leader–subordinate low–high PDO matching pattern will lead to more TCB than the high-low PDO pattern.

(1) Encourage and promote the development of diverse cultures in enterprises. (2) Respect the power and status of employees and encourage a low-PDO leadership style. (3) Increase credibility by developing and establishing a good corporate leader image.

(1) The unique background of this survey offers important cross-cultural information on the effects of leader–subordinate PDO congruence. (2) The results of this research enrich the theoretical understanding of the factors that influence TCB. (3) Reveal the internal mechanisms of CPD congruence with TCB and demonstrate an indirect effect of trust in leader. (4) The discussion of the moderating role of employee's PROM-F will also deepen the understanding of the exchange relationship between leaders and subordinates.

Surface properties (smooth or roughness) play a critical role in controlling the wettability, surface area and other physical and chemical properties like fluid flow behaviour over the rough and smooth surfaces. It is reported that rough surfaces are offering more significant insights as compared to smooth surfaces. The purpose of this study is to examine the effects of surface roughness in the diverging channel on physiological fluid flows.

A mathematical formulation based on the conservation of mass and momentum equations is developed to derive exact solutions for the physical quantities under the assumption of low Reynolds numbers and long wavelengths, which are appropriate for biological transport scenarios.

The results reveal that an increase in surface roughness reduces axial velocity and volumetric flow rate while increasing pressure distribution and turbulence in skin friction.

These findings offer valuable insights for biological flow analysis, highlighting the effects of surface roughness, non-uniformity of the channel and magnetic fields.

These findings are very much applicable for designing the pumping devices for transportation of the fluids in non-uniform channels.

This study examines the impact of surface roughness on the peristaltic pumping of viscoelastic (Jeffrey) fluids in diverging channels with transverse magnetic fields.

This research provides accounting-ethics authors and administrators with a benchmark for accounting-ethics research. While Bernardi and Bean (2010) considered publications in business-ethics and accounting’s top-40 journals this study considers research in eight accounting-ethics and public-interest journals, as well as, 34 business-ethics journals. We analyzed the contents of our 42 journals for the 25-year period between 1991 through 2015. This research documents the continued growth (Bernardi & Bean, 2007) of accounting-ethics research in both accounting-ethics and business-ethics journals. We provide data on the top-10 ethics authors in each doctoral year group, the top-50 ethics authors over the most recent 10, 20, and 25 years, and a distribution among ethics scholars for these periods. For the 25-year timeframe, our data indicate that only 665 (274) of the 5,125 accounting PhDs/DBAs (13.0% and 5.4% respectively) in Canada and the United States had authored or co-authored one (more than one) ethics article.