Journal of Academy of Business and Economics articles from January 2004

Journal of Academy of Business and Economics archives from January 2004

Introduction.
January 1, 2004... We are excited to present to you a new issue of the Journal of Academy of Business and Economics, Volume III, Number 1, 2004. In this issue of the journal (JABE), we have published 25 high quality research articles in Finance, Economics,...

Capital account liberalisation in an emerging economy: private capital flows, exchange rates and stock markets in India.
January 1, 2004... ABSTRACT The emerging economies of Asia have in 1990s, emerged as the epicentre of private capital flows in the global economy, attracting a significant proportion of FDI and portfolio flows. India too has attracted more than $40 billion,...

The relationship between profit-sharing/gain-sharing plans, productivity and economic value added.
January 1, 2004... ABSTRACT The influence of profitsharing/gainsharing plans on the performance of value drivers employed by EVA[R] 's methodology was the theme of this study. The financial drivers evaluated in this survey were: growth in sales, investment...

Monetary policy and capital accumulation processes: how did the FED react to the transition phases?
January 1, 2004... ABSTRACT The present paper is related to the recent discussion about the efficiency of the Reserve Federal Bank on investment decisions. Our aim is not to propose an optimal policy rule but rather to appreciate and to understand the link...

Time-series analysis of return and beta in U.S.
January 1, 2004... Kwang Woo (Ken) Park, Minnesota State University, Mankato, Minnesota, USA ABSTRACT Most CAPM tests following Pettengill et al. procedure (1995) have focused on the cross-sectional aspects of data. However, it is more appropriate to...

Experimental studies with the "multilateral bargaining model": a strategic analysis.
January 1, 2004... ABSTRACT This paper examines the Multilateral Bargaining mode/of Rausser and Simon (1991), using the Uruguay Round Uruguay provides but one data point, limiting the possibilities for field testing, pilot experiments are conducted whereby...

Level of information asymmetry and market impact of seasoned equity announcement: a comparison of market reaction across industry groups.
January 1, 2004... ABSTRACT This paper examines the market reaction to seasoned equity issues on industry groups of Banks, Utilities, and Industrial& Due to information asymmetry between investors and the management of a company, market generally reacts...

A model to price puttable corporate bonds with default risk.
January 1, 2004... ABSTRACT This paper presents a mode/for pricing puttable corporate bonds that are subject to default risk. The mode/incorporates three essential ingredients in the pricing of defaultable puttable bonds. stochastic interest rate, default...

A comparison of neural networks and econometric discrete dependent variable models in prediction of occupational attainment.
January 1, 2004... ABSTRACT A number of recent studies have compared the performance of neural networks to a variety of statistical techniques for the classification problems. In this paper, we compared the prediction of occupational attainment using a...

Fat--tails and VaR estimation using power EWMA models.
January 1, 2004... ABSTRACT It is well known that financial asset returns have a non-normal distribution and are leptokurtic, with the tails fatter than those of the normal distribution. The Standard EWMA estimator with a normality assumption (used in JP...

Technological opportunity and the growth process of firms.
January 1, 2004... ABSTRACT The question of whether the growth process of firms is best explained by identifiable systematic influences, or by an essentially random process, is an important one in the literature on market structure. Within this context, the...

Power dynamics: managers' power and perception of their subordinates' behaviour.
January 1, 2004... ABSTRACT The study examined the extent of power and influence managers had over their subordinates and how their powerfulness/powerlessness was related to various power tactics used to influence their subordinates. How managers'...

Profiting from innovation strategy: the role of it initiatives and R&D.(research and development)
January 1, 2004... ABSTRACT Company-wide pursuit of innovation is a pivotal condition of survival in the new competitive environment where this pursuit exists not only in the forms of goods and services, but also in processes, systems, and business practices...

Adventures of a service learning virgin: what students teach you and what you learn your own self.
January 1, 2004... ABSTRACT Service learning is a robust pedagogic, a/approach to both teaching and learning which can be applied across of range of courses and disciplines. This work compares the learning that ensued for both students and Instructor over...

Management compensation disclosures in private colleges' and universities' forms 990: reporting strategies and donor reaction.(absract)
January 1, 2004... ABSTRACT The Internet presence of private colleges' and universities' Forms 990 and their disclosure of top management's compensation amounts have led to fears of declines in donor contributions to these institutions. This paper explores...

Public administration labor cost forecasting and wage distribution. An exploratory analysis.
January 1, 2004... ABSTRACT The Maastricht Treaty constraints imply a continuous control of the Public Administration (PA) deficit: so there has been an increasing demand for an efficient and effective public expenditure management, especially regarding PA...

Sequence of FDI entry mode decision making process: new evidence from multinational pharmaceutical firms' FDI into China.(foreign direct investments)
January 1, 2004... ABSTRACT Based on Jiang's (2003) eclectic framework and the survey database established in 1999, this paper conducted a more refined comparative analysis into the sequence of FDI entry mode decision making process in the context of...

Theory of the firm: theortical perspectives from an innovation point of view.
January 1, 2004... ABSTRACT This paper explores the nature of a firm from an innovation perspective. An organization may be thought of as a collection of networked resources. Developments in information technology enable increased interactions between these...

A contribution to solving an old puzzle: why different trading strategies persist in competitive markets.
January 1, 2004... ABSTRACT A simulation study is used to explore, how valuable information in a market is and how useful different trading strategies are. While earlier work in this field covered this question only with two levels of information I use ten...

A knowledge-based view of strategic alliances.
January 1, 2004... ABSTRACT This paper presents a knowledge-based view of strategic alliances. Incorporating several approaches including transaction cost economics, property rights theory, and industrial organization economics into the analysis, this paper...

Variable work schedules: an emerging trend to complement the traditional eight-to-five schedule.
January 1, 2004... ABSTRACT With the growing diversity in the workplace, there is an increased demand for greater variety in scheduling to meet the needs of diverse groups such as those of the knowledge workers, those of the dual-career family or the single...

Public private partnerships in the Hong Kong public sector: a right approach?(An Introductory Guide to Public Private Partnerships)
January 1, 2004... ABSTRACT Public Private Partnerships (PPPs) is a right approach to enhance public productivity by bringing in business practices and approaches. Nevertheless, the case study of Hong Kong shows that the PPPs formula neglected social,...

A study of the functionality of hotel websites in mainland China and the United States.
January 1, 2004... ABSTRACT This paper reports on a study that applied the newly developed technique of measuring the incremental performance of websites to evaluate the websites of hotels in mainland China and the United States. On the basis of a conceptual...

Determinants of economic success for women entrepreneurs: an analysis across racial lines.
January 1, 2004... ABSTRACT The topic of economic success is central in both the scholarly and real-world discussions of women as entrepreneurs, yet few studies have examined determinants of economic success for women entrepreneurs across differing racial...

Organizing social complexity in production networks.
January 1, 2004... ABSTRACT We developed a procedure for exploring and describing the insufficiently explored relationship between role expectations in the network, subjective motives, experiences and identifications, which might be employed during the...

A critical review of online auction models.
January 1, 2004... ABSTRACT Online auction has become an integral part of Internet shopping. It is one of the few models of e-commerce that has proven to be successful. However, many auction sites have failed because they were not able to create a unique...

Empirical investigation on reputation and product information for trust formation in consumer to consumer market.
January 1, 2004... ABSTRACT Online auctions have become one of the most interesting phenomena in electronic commerce. The online auction market is growing rapidly and providing auctioneers with many advantages. However, even though consumers can get the...

Effects of organizational structure and information technology capability on organizational effectiveness in emerging markets.
January 1, 2004... ABSTRACT This paper reports the results of a study designed to investigate the effect of organizational structure and information technology capability on organizational effectiveness. Data on organizational structure, information...

Knowledge management supportive human resource environment.
January 1, 2004... ABSTRACT The successful implementation of knowledge management (KM) can provide the capability to understand the market, accurately assess the customers' needs, and turn them into products and services by integrating organizational...