28 articles in this issue
Stanka Setnikar Cankar, Veronika Petkovsek
Innovation plays a very important role in the private sector in terms of competitiveness, and is the key to success for private businesses, helping to cut costs, improve products and open new markets. Nowadays, innovation is gaining in importance in the p... see more
Khaled Guesmi, Frederic Teulon, Amine Lahiani
This paper attempts to evaluate the time-varying integration of Australian stock market in ASEAN-5 region (ASEAN + Australia, Korea, China, India and Japan) by using a conditional version of the international capital asset pricing model (ICAPM) allowing f... see more
Kelly Cai
This paper examines the valuation effect of Rule 144A equity offers on issuing firms common stocks for the period 1970 to 2010. Similar to findings for seasoned equity offerings, I find a statistically significant cumulative abnormal return of -3.07 perce... see more
Paul F. Muzindutsi, Tshediso J. Sekhampu
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Rene van Wyk, Mandla Adonis
The adaption of flexible practices is a necessity for businesses to be able to survive in a global competitive environment in support of entrepreneurial and market intelligence. This study explores the prediction of formal flexible practices compared with... see more
Kevin Chiang, Zhenhua Rui, Craig Wisen, Xiyu Thomas Zhou
Real estate mutual fund expense ratios are analyzed using panel data comprising 1,130 observations. The results show that expense ratio is inversely related to share class assets, fund family size, and fund age. Conversely, the expense ratio is positively... see more
David T. Doran
Generally accepted accounting principles (GAAP) require firms to recognize compensation expense under the fair value method in the case of employee stock options. Straight line amortization of the options grant date fair value must be recognized as expens... see more
Rashiqa Kamal
This paper analyzes the Morningstar Inc.s new Analyst Ratings that were introduced in November 2011. The ratings are intended to help investors make long-term investment decisions. According to Morningstar, these ratings reflect the long-term risk-adjuste... see more
Alain Daou, Egide Karuranga, Zhan Su
This paper combines the resource-based and dynamic capabilities views to examine intellectual capital in Mexican small and medium enterprises (SMEs) and its relation to competitive advantage. Following an exploratory approach, this paper relies on face-to... see more
Richard Chinomona
While researches on consumer compulsive behaviour as a psychiatric problem have been steadily increasing, they seem to be a paucity of studies that investigate compulsive buying behaviour from a branding perspective. The present research is an attempt to ... see more
Jifu Wang, Ronald J. Salazar, Joseph Ben-Ur
This study describes how firm level decisions and capabilities correspond to policy conditions in a host country where local market access is constrained and success is contingent on compliance with cultural hegemony. Using data from surveys gathered from... see more
Haslinda Yusoff, Radiah Othman, Normahiran Yatim
The purpose of this paper is to investigate the state of environmental reporting by Malaysian and Australian companies on other reports, i.e. other than annual reports. The paper employs content analysis to study the environmental disclosures made by the ... see more
Omar Farooq, Mohammed Bouaddi, Neveen Ahmed
This paper investigates the day of the week effect in the volatility of the Saudi Stock Exchange during the period between January 7, 2007 and April 1, 2013. Using a conditional variance framework, we find that the day of the week effect is present in the... see more
Youngtae Yoo, Joohyun Lim, Jinho Chang
In this paper, we examine the association between financial reporting quality and acquisition profitability in a sample of 282 acquisitions in South Korea between 2001 and 2011. Using the accruals quality measure developed by Dechow and Dichev (2002) and ... see more
Suren Pillay, Pieter W. Buys
Since the implementation of carbon tax on motor vehicles in South Africa during 2010, the pricing of the tax has never been challenged or assessed. The purpose of this study is to gauge the reasonability of the carbon tax price in South Africa as applicab... see more
Thitima Sitthipongpanich, Piruna Polsiri
Using a large sample analysis of Thai listed firms, we address an important question. Do board diversity and network add value to firms? This article extends the debate on the benefits and costs of board diversity and network and their effect on the broad... see more
Amine Lahiani, Duc Khuong Nguyen, Thierry Vo
We provide comprehensive evidence of return and volatility spillovers for the four major agricultural commodities including sugar, wheat, corn and cotton over the recent period 2003-2010. Our results from the recent VAR-GARCH model of Ling and McAleer (20... see more
Frederic Teulon, Khaled Guesmi
This paper aims to investigate the relationship between Foreign Direct Investment (FDI) inflows and their determinants in six major countries in the South Asian Association for Regional Cooperation (SAARC) over the period 1998 to 2010. Using panel data te... see more
Abdollah Khani, Ali Saeedi, Asieh Khadem Khorasani
This research investigates the relationship between stock trading of individual investors and returns in short horizon in an emerging market. The results indicate that the individuals would like to invest in stocks after declining in the preceding month p... see more
Mei Zhang
Internally generated goodwill comes from the intangibles not recognized in the financial statements. This paper examines the impact of internally generated goodwill on financial performance of firms. Data are collected from Compustat database for twenty y... see more
How does location of a firms headquarter effect its performance? This paper answers this question by using the data from India. This paper shows that portfolio of firms headquartered in Mumbai, the main financial center of the country, outperform portfoli... see more
Lillian Kamal
China is the worlds second largest economy, has sustained strong growth rates for an extended period of time, and is a prime destination for international investors. It is therefore important for researchers to correctly forecast key macroeconomic variabl... see more
Jianling Wang, Lin Song, Shujie Yao
Employing the content analysis approach, this paper aims to identify the determinants of corporate social responsibility disclosure (CSRD) in China using the annual reports of over 800 A-share listed firms on the Shanghai Stock Exchange. We find that CSRD... see more
Visvanathan Naicker
Background: An increasing number of organizations have accepted the importance of managing their companys knowledge in a more structured manner. There have been many knowledge management projects that have been introduced, some which have been successful,... see more
Ryan Kruger, Francois Toerien
This article examines the quantum and persistence of abnormal returns (positive and negative) for shares that entered or left the JSE Top 40 Index during quarterly index rebalancing between 2002 and 2013. Using an event study methodology based on the mark... see more
Patrick J. Litzinger, John H. Dunn, Jr.
The Labor Force Participation Rate (LFPR) is defined as those Americans in the labor force, i.e. above the age of sixteen, below retirement age, who are either actively employed or actively seeking employment. From 1950 until 1998 it rose from 59.2% to 67... see more
While researches on small businesses have grown substantially, there seem to be a paucity of researches that specifically investigate the effects of small business owners expertise on employees skills training and small business performance. In order to f... see more
Richard Chinomona, Maxwell Sandada
There is an increasing attention being accorded to mobile marketing activities in recent business management literature in the past decade as both academicians and practitioners recognize that mobile activities have potential influence on mobile marketing... see more