This master's thesis investigates the connection between profit margin, return on assets, long-term debt, and price-to-earnings (P/E) ratio and they relate to dividend. The study examines whether companies with increasing dividends and companies with decreasing and constant dividends have significantly different effects on the P/E ratio. The results show that profit margin has a positive and statistically significant impact on the P/E ratio in companies with increasing dividends, demonstrating the significance of profitability in affecting investor valuation. Long-term debt and return on assets, however, do not appear to be significantly correlated with the P/E ratio in this group. In contrast, none of the financial performance variables have a major impact on the P/E ratio in companies with decreasing and constant dividends. The research highlights that it is important to take dividend distribution into account as a differentiating element when examining the connection between financial performance and the P/E ratio. However, the study cannot accept or reject the null hypothesis entirely as the results lack statistical significance.

Emerging market enterprises (EMMs) are on the rise and are quickly becoming significant contributors to the global economy. The fast-paced growth of EMMs generates an interest in understanding the impact of home country advantages that EMMs have and how they use them. Emerging markets, in different ways and forms, experience institutional voids within their markets. This can be in the form of, among others, an inefficient regulatory system, a lack of skilled labor force or poor infrastructure. The different advantages and disadvantages the EMMs have can be explored by applying the OLI framework. Which details different advantages in the form of ownership-specific, location-specific and internalization advantages. Therefore, the aim of this thesis is to gain a deeper understanding how different EMMs use their OLI advantages in order to more effectively plug institutional voids. This has been answered through a semi-structured interview and collected transcripts from EMM leaders. The findings of this study indicates that EMMs most important advantage is the knowledge and inventive thinking possessed by the managers.

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This thesis was inspired by the ingenuity of the inhabitants of the Florida Avenue Market, in Washington DC. Through small scale iterative design solutions and creative use of public space the residents, street vendors, and small business owners in the area have reinvented their urban condition. Using extremely limited resources, they have created a unique vibrant urban market that provides economic, social and cultural value for their neighborhood and the city. Recent political and economic pressures are causing the market to go through a major transformation. This project will propose an urban design vision for the next evolution of the market which aims accommodate the expansion of Gallaudet University, while celebrating the unique character of the place and dignifying its current users. / Master of Architecture

In Bolivia, potato production and marketing is important for farmers' livelihoods and anecdotal information shows that cell phones and women are extremely important in the potato marketing chain. Efforts to improve incomes of poor highland potato producers should recognize roles of different actors within the chain and access to market information. This study explores the effects of access to information and gender relations within the potato chain; on farmers' market channel choice in the Tiraque Watershed (Bolivia). The analysis of qualitative information was useful to deepen the understanding of the subject and complement quantitative analysis outcomes. The main source of data comes from a survey of 400 households from the watershed. Additionally, Rapid Market Appraisal and Case Studies were used to collect qualitative data. These data was used to estimate two econometric models (Logit and MNL) to evaluate the importance of farmers and marketing characteristics on market choices. This analysis demonstrates that the determinants that affect market channel choice include marketing (time to reach the markets and the nearest paved road), production (number of plots owned by farmers) and household related variables (access to loan, cell phone ownership, location and age of the head of the household). On the other hand, some results were different than expected, that is the case of motorized transport ownership, and literacy. Another unexpected result is that even though the qualitative analysis shows that gender plays an important role in marketing activities; the econometric analysis shows that gender has no effect on farmer's market choices. / Master of Science / LTRA-3 (Watershed-based NRM for Small-scale Agriculture)

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International Telemetering Conference Proceedings / October 26-29, 1998 / Town & Country Resort Hotel and Convention Center, San Diego, California / There is an acquisition management challenge to a program which has a limited market. One approach which can improve competition is the utilization of commercial technology. This utilization helps reduce unit cost and system obsolescence. The Hardened Subminiature Telemetry and Sensor System (HSTSS) has experienced the affects of a limited market and the need to utilize commercial technology. HSTSS plans to use partnering because the expertise is spread across the industry, and technology integration is required to fabricate an instrumentation system that would meet tri-service test requirements. There are many challenges facing the Program Manager; which create high program risk when proper acquisition procedures are not followed. HSTSS is this type of project. This paper will essentially discuss the acquisition strategy as it has evolved as well as the technical strategy. These strategies have been influenced by Government acquisition streamlining , available commercial technology and the programs limited production requirements. This is what the Government’s Project Managers are facing in these times of shrinking budgets and downsizing. The importance of the services working together, and sharing funds and technology to accomplish more with less is discussed in this paper. It is essential that government and industry work together as partners to reach the program’s goals. This paper proposes a program strategy based on our experience as to what is needed to incorporate partnering and commercial technology to successfully complete your program.

This research examines the role played by Open Access entry as a strategy for promoting competition in UK rail freight markets. The theoretical basis for such an investigation is that associated with contestable markets in Economics and more specifically in the promotion of competition in related markets. The overall aims of the research are to first understand the contestability of the UK rail freight market against the background of its underlying market conditions. Secondly, the research compares the experience of Open Access rail freight operators in an international context in order to confirm or reject the explanatory relevance of key variables, as postulated by economists. The research aims have been satisfied in each case through the attainment of a number of specific objectives. These objectives include gaining a wider understanding of the theory of contestable markets, identifying and evaluating a range of barriers to entry faced by Open Access operators (and the strategies they have employed to overcome them), and an appreciation of the factors and processes that determine Open Access activity. The qualitative line of enquiry adopted by the research has produced a review of relevant literature sources and a series of preliminary interviews with industry experts. The former facilitated an in - depth understanding of the characteristics of UK rail freight markets and of the theory of contestability, with a priori reasoning being employed to highlight key issues and controversies. The interviews with key industry experts formed the basis for a subsequent questionnaire survey of members of the Rail Freight Group and other rail industry members. Although most respondents believed that a significant number of barriers to entry existed (with EW&S' first choice over traction being regarded as the most important both in terms of citations and barrier height), 68% of those surveyed thought that there would be some Open Access entry in the first eighteen months after the privatisation of British Rail's trainload freight 1 operations. Sub - contracting of rail haulage was regarded as the most likely modus operandi for new market entrants. This survey was followed up by case studies of the first two instances of Open Access entry (National Power and BNFL), which had both shown considerable interest in the issues raised by the earlier industry survey. These case studies resulted in the identification of a range of similarities and contrasts in barriers encountered and entry strategies, and provided valuable information about the rail freight operations of the two companies. Further analysis has compared entry in an international context and identified strategies that could complement existing practice in the UK. For this purpose, an analytical framework based on a number of themes of Open Access is adopted. Perceptions of regulatory effectiveness in promoting contestable outcomes are also established through a series of in - depth interviews with key industry players. The research project has generated a number of successful outcomes relating to its aims. Markets are not contestable and contestability should not be regarded as an appropriate framework for analysing industry behaviour. This outcome is the result of an awareness of those factors representing barriers to entry and of those structural complexities accounting for a lack of Open Access entry. An understanding of the relative significance of entry barriers and of strategies adopted by operators has also been achieved, along with awareness of those factors and strategies regarded by them as important. The extent to which certain Open Access variables retain their explanatory power in a global context and the scope for utilising entry strategies used elsewhere (such as short - lines) has also been established, along with an awareness of the opinions of key industry players as to the effectiveness of regulatory intervention in the promotion of greater contestability. 11 Overall, this research project has provided valuable insight into the likelihood of Open Access competition in rail freight markets. In addition, it has led to a recognition of the considerable opportunities that now exist for further work on Open Access entry in rail freight markets, both domestically and internationally.

South Korea established a non-competitive natural gas market in order to have a stable and economical supply of natural gas. The allegation has been raised about the inefficiency of this non-competitive market structure, but reform attempts have failed because of protests. Proponents of this incumbent system argue that gas needs to be supplied by the public sector in a monopolized structure so as to have a stable supply of this essential good, natural gas, and to prevent market failures like exorbitant gas prices and a deficit in supply due to a natural monopoly. They also argue that the unified gas purchase endows purchasing power. However, the gas industry does not exactly meet the categorical characteristics of an essential good or a natural monopoly and the concept of purchasing power is hardly accepted. Moreover, according to agent theory and property theory, the current market and firms are likely to be inefficient; several events are proving this inefficiency to be true. However, people remain unsure about the necessity of gas market reform. Ironically, South Korea has a different policy and market approach to the oil market despite the similarity of these two fuels. The oil market in South Korea constitutes an effective competitive market via a liberalized market, and is supplying the fuel stably and economically, contrary to people’s expectations. This thesis contrasts different approaches in South Korea toward similar hydrocarbon fuels, oil and gas. The competitiveness of the oil market is examined through statistics, Lerner index, analyzing of the profit trend in the market, and price comparison by countries. Results support the validity of South Korean gas market reform if the oil market is effectively competitive through liberalization. / text