Firms’ Behavior, Productivity and Economics of Innovation II

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074).

Deadline for manuscript submissions: 31 December 2025 | Viewed by 722

Special Issue Editor


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Guest Editor
Department of Economics and Management in Industrial Production, Research Center for Sustainable Development and Innovation Processes, Perm National Research Polytechnic University, 614990 Perm, Russia
Interests: innovation management; sustainable development; green economy; digitization
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

This Special Issue focuses on the broad topic of “Firms' Behaviour, Productivity and Economics of Innovation” and includes research methods and techniques for modeling economic behavior, business modeling in general, evaluating the innovation process, productivity forecasts, and assessing the impact of risk on economic behavior and innovation.

The goal of this Special Issue is to promote new ideas, conceptual approaches, models, methods, as well as new quantitative tools in behavioral and financial economics, innovation management, the development of business models, and economic and financial modeling in general. Any new approaches that complement, expand, or clarify existing concepts and points of view in the framework of quantitative and conceptual analysis are encouraged.

Researchers and practitioners working on new ideas, models, and methods as well as those that have empirical reviews and research on the above topics are invited to submit their papers to this Special Issue. 

Prof. Dr. Zhanna Mingaleva
Guest Editor

Manuscript Submission Information

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Keywords

  • firms' behavior
  • business model
  • productivity
  • smart manufacturing
  • innovation
  • economic modeling
  • forecasts
  • sustainable development
  • risks
  • competition
  • industry 5.0
  • circular economy

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Published Papers (1 paper)

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Research

28 pages, 363 KiB  
Article
Unraveling the Impact of Product Market Competition and Earnings Volatility on Zero-Leverage Policies
by Imed Chkir, Alireza Rahimzadeh and Syrine Sassi
J. Risk Financial Manag. 2025, 18(2), 73; https://doi.org/10.3390/jrfm18020073 (registering DOI) - 1 Feb 2025
Viewed by 314
Abstract
This paper investigates the impact of product market competition (PMC) on firms’ adoption of zero-leverage (ZL) strategies and examines whether this relationship is influenced by earnings volatility. Using data from 1989 to 2019, we analyze the PMC and ZL behavior of firms using [...] Read more.
This paper investigates the impact of product market competition (PMC) on firms’ adoption of zero-leverage (ZL) strategies and examines whether this relationship is influenced by earnings volatility. Using data from 1989 to 2019, we analyze the PMC and ZL behavior of firms using logistic regression. Our results indicate that as PMC intensifies, firms are more likely to adopt ZL policies. This effect is stronger in firms with higher earnings volatility, suggesting a significant interaction between PMC and earnings volatility in shaping capital structure decisions. This study extends existing research by highlighting the role of earnings volatility in strengthening the relationship between PMC and ZL behavior, offering new insights into the dynamics between market competition, financial decisions, and firm risk. Full article
(This article belongs to the Special Issue Firms’ Behavior, Productivity and Economics of Innovation II)
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