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Culture s Influences: An investigation of inter-country differences in capital structure
(2014)Employing firm-level observations from 13 countries over a seven year period, and controlling for an extensive set of firm-level characteristics, industry effects and country-level institutional variables, we provide a ... -
Do Bubbles occur in the Gold Price? An investigation of Gold Lease Rates and Markov Switching Models
(2014)We assess whether two classes of bubbles occur in the spot price of gold, rational speculative and periodically bursting bubbles, using gold?s lease rates for the first time in the literature as a measure of its fundamental ... -
Do Financial Reporting and Audit Quality Support Economic Growth and Development? A Post-Modernist Re-interpretation
(University of Nis, 2013)It is generally accepted, nowadays, that reliable financial information is a prerequisite of a robust market economy and efficient public sector. This position has been strengthened by the recent financial crisis, where ... -
What will I do? Toward an existential ethics for first person action research practice
(Rainer HamppVerlag, 2013-12)How first person practice engages with the process of valuing has not received much attention in action research. This article takes the question, `what will I do?? as the foundation for first person ethical inquiry. It ... -
Ranking Universities Based on Performance Evaluation by a Hybrid MCDM Model
(2012)The aims of this study are to weight the performance evaluation indices for higher education based on the official performance evaluation structure developed by the Taiwan Assessment and Evaluation Association (TWAEA) and ... -
A Network Hierarchical Feedback System for Taiwanese Universities based on the Integration of Total Quality Management and Innovation
(Elsevier, 2012)An increasing number of Taiwanese universities are improving operational performance through innovation and total quality management (TQM). In addition, the National Quality Award (NQA), which is based on TQM, is now used ... -
On the road to performance governance in the public domain?
(2012)Structured Abstract: Purpose ? This article assesses how performance management in the public domain has evolved over the last several years both in terms of theory and practice in selected countries. The paper also acts ... -
Global Stock Market Interdependencies and long-term Portfolio Diversification
(2011)In this paper, we examine the scope for international stock portfolio diversification, from the viewpoint of a United States representative investor, in regard to both the Asian and the European stock markets. Our findings ... -
What Do Academics (Think) They Know About Gold?
(London Bullion Market Association, 2011)A short paper for the LBMA trade newspaper "The Alchemist" this gives a very brief and thus easily accessible survey of some recent academic findings on gold. -
What is the Real Price of Gold and How Would We Know?
(2011)We survey, very briefly, some conceptual and empirical issues that bedevil the identification of a fundamental price for gold and consequently the identification of a real gold price. -
Ascribed Versus Achieved Social Status of CEOs and its Relationship with M&A Activities
(2011)Using a sample of CEOs of FTSE companies during a ten-year period from 2001 to 2010, we explore merger and acquisition activities from the perspective of social status theory. It investigates the influence of CEO social ... -
Owner-Used Capital Goods and the Exchange Rate Determination
(2005)Present paper addresses the issue of the short and long run determination of the exchange rates in the Redux model of Obstfeld and Rogoff (1995). Current extension of the Redux model includes the investment projects that ... -
Migration and EU Enlargement: The Case of Ireland V Denmark
(2006)Since the EU enlargement, European migration policies were characterised by a fundamental inconsistency: faced by changes in public opinion toward migrants, the majority of the EU Member States have chosen to restrict the ... -
Project Contingent Repudiation Risk in the Model of North-South Lending
(2004)The present model proposes an extension of the Gertler and Rogoff (1990) model of international lending in the presence of moral hazard and the possibility of state-contingent and project-dependent repudiation risk along ... -
A Model of Comprehensive Habits with Psychological Effects of Work Effort
(2004)This paper develops a neoclassical growth model under the assumption of comprehensive habits that incorporate both consumption and labour supply decisions of the households. We show that in presence of comprehensive habits, ... -
A Life-Cycle Model of Habitual Dependence in Leisure Demand
(2008)This model proposes an extension of the traditional habits in consumption literature to encompass the time-persistence of leisure demand. The model establishes a link between the habitual leisure and income effects, which ...