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                      RECENT PUBLICATIONS

             Volume 14 Number 4 Fall 2009

 

The Development of Entrepreneurial Finance Research

Jean-Louis Paré, Jean Rédis and Jean-Michel Sahut

The Impact of Business Model Characteristics on IT Firms’ Performance

Jean Rédis

International Comparison of Entrepreneurial Sub-Cultures within Cultures: Effect of Territory on Entrepreneurial Strategies for Fundraising

Katariina Rantanen and Michel Bernasconi

Active Financial Intermediation and Market Efficiency: The Case of Fast-Growing Firms Financed by Venture Capitalists

Jean-Sebastien Lantz and Jean-Michel Sahut

The Impact of Corporate Governance on the Performance of U.S. Small-Cap Firms

Lorne N. Switzer and Mingjun Tang

Volume 14 Number 3 Summer 2009

Measuring Fund Performance Using Multi-Factor Models: Evidence for the Portuguese Market

Paulo Leite, Maria Ceu Cortez, and Manuel Rocha Armad

Eurocurrency Risk Premia

Wendy Liu Galpin, Bruce G. Resnick, and Gary L. Shoesmith

The SLEPT Aspects of the Free Trade Area of the Americas

Jaime Ortiz and María Tajes

Abnormal Returns to Mergers and Acquisitions in Ten Asian Stock Markets

Jianyu Ma, José A. Pagán, and Yun Chu

A Comparison of Management Style for Mexican Firms in Mexico and the United States

Mónica Blanco Jiménez, Martha A. Fasci, and Jude Valdez

The Effects of Audit Quality on Loan Interest Rates for Small and Medium-Sized Enterprises in Taiwan

Hsuehchang Tsai and Mingshu, Hua

 

Volume 14 Number 2 Winter 2009

Relations between Corporate Credit Spreads, Treasury Yields and the Equity Market

Anthony Miloudi and Franck Moraux

Impact of European and American Business Cycle News on Euronext Trading

Stéphane Dubreuille and Huu Minh Mai

Portfolio Valuation in the Presence of Market Frictions

Makram Bellalah, Mondher Bellalah, Georges Pariente,  Tawhid Chtioui, Anis Khayati

Understanding the Impact of ERP Standardization on Business Process Performance

Tawhid Chtioui

An Empirical Examination of International Diversification Benefits in Central European Emerging Equity Markets

Kais Fadhlaoui, Makram Bellalah, Armand Dherry, Mhamed Zouaouii

 

Volume 14 Number 1 Winter 2009

Economics of Deals and Optimal Pricing Policy

Uriel Spiegel and Joseph Templeman

Relative Performance of Equity Markets: An Assessment in the Conventional and Downside Frameworks

Carla Bainbridge and Don U.A. Galagedera

An Intertemporal Capital Asset Pricing Model under Incomplete Information

Mondher Bellalah and Zhen Wu

Study on Taiwan Consumers’ Cost of Living: An Application of the Additive Törnqvist Price Index Formula

Pang-Tien Lieu, Jui-Hui Chen, and Chih-jung Chang

Differentiation Strategy, Performance Measurement Systems and Organizational Performance: Evidence from Australia

X. Sarah Yang Spencer, Therese A. Joiner, and Suzanne Salmon

 

Volume 13 Number 4 Fall 2008

How to Price Efficiently European Options in Some Geometric Lévy Processes Models?

François Quittard-Pinon and Rivo Randrianarivony

Firm’s Value under Investment Irreversibility, Stochastic Demand and General Production Function
Olfa Bouasker
  and Jean-Luc Prigent

An Empirical Examination of International Diversification Benefits in Central European Emerging Equity Markets

Kais Fadhlaoui, Makram Bellalah, Armand Dherry, and Mhamed Zouaouil

The Sensitivity of the Asymptotic Variance of Performance Measures with Respect to Skewness and Kurtosis

Philippe Bertrand and Costin Protopopescu

Internet Payment and Banks

Jean-Michel Sahut

Merton H. Miller: Our Socrates

Jamel E. Chichti,  Mondher Bellalah, and Walid Mansour

 

Volume 13 Number 3 Summer 2008

Weaknesses of the Indicator Variable Approach in Short-term Event Studies

Ronald Bremer and Zhaohui Zhang

A Comparative Analysis of Transplants and Industrial Location of Japanese and Korean Automotive Industries in Europe

Jae Hoon Hyun

Emerging Market Equity Prices and Chaos:  Evidence from Indonesia and Malaysia

Bahram Adrangi, Arjun Chatrath, Ravindra Kamath, and Kambiz Raffiee

The Comparative Performance of African Stock Markets: Nominal, Real and U.S. Dollar Returns

Alvan E. Ikoku and Ahmad Hosseini

The Effectiveness of International Financial Reporting Standards Adoption on Cost of Equity Capital: A Vector Error Correction Model

Mohammad Salam Al-Shiab

 

Volume 13 Number 2 Spring 2008

Dynamic Linkages among Asian Pacific Exchange Rates 1995 – 2004

    Tomer Shachmurove and Yochanan Shachmurove

EMU Convergence Prospects and Transition Countries

    Jennifer Foo and Dorota Witkowska

The Relationship between Trade Credit and Loans: Evidence from Small Businesses in Japan

    Iichiro Uesugi and Guy M. Yamashiro

The Investment Value of the Wall Street Journal’s Smart Money Stock Screen

    Wendy D. Habegger and R. Daniel Pace

Factors Influencing Corporate Dividend Decision: Evidence from Jordanian Panel Data

    Husam-Aldin Nizar Al-Malkawi

 

Volume 13 Number 1 Winter 2008

Evaluation of Real Options with Information Costs

    Inass El Farissi, Jean-Michel Sahut, and Mondher Bellalah

Interactions between Exchange Traded Derivatives and OTC Derivatives: Evidence for the Canadian Dollar Futures vs. OTC Markets

    Lorne N. Switzer and Haibo Fan

The Value Effects of Foreign Currency and Interest Rate Hedging: The UK Evidence

    Yacine Belghitar, Ephraim Clark, and Amrit Judge

Exchange Rate and Risk Premium Conversion on Interest Rate Markets

    Jean-Michel Sahut and Medhi Mili

Changes in Block Ownership in the London Stock Exchange

   Aslihan Bozcuk and Meziane Lasfer

 

Volume 12 Number 4 Fall 2007

Is There a Link Between Quote Competition and Order Flows?

    Hung Neng Lai

A Test of CAPM on the Karachi Stock Exchange

    Javed Iqbal and Robert Brooks

Identifying Vision Realization Factors in Apparel Stores: Empirical Evidence from Australia

    Sooksan Kantabutra

Does the Egyptian Stock Exchange Still Have a Day-End Effect?

    Eskandar A. Tooma

Cost Efficiency, Technological Progress and Productivity Growth of Banks in GCC Countries

    Rima Turk Ariss, Rasoul Rezvanian and Seyed M. Mehdian

Efficiency of the Federal Reserve under Globalization and Presence of Electronic Transactions

    Dipasri Ghosh and Krishnan Dandapani

 

Volume 12 Number 3 Summer 2007

An Approximate Solution for Perpetual American Option with Time to Build: The Value of Environmental Remediation Investment Projects

    R.D. Espinoza and L.X. Luccioni

Information Asymmetry in the French Market around Crises

    Mondher Bellalah

IPO Pricing and executive Compensation

    Ehsan Nikbakht, Manuchehr Shahrokhi, Robert Martin, Jr.

Do Sino-Foreign Joint Ventures Create Shareholder Value for Chinese Partners?

    Pierre-Xavier Meschi and Louis T.W. Cheng

Volatility Spillover between Stock and Foreign Exchange Markets: Indian Evidence

    Alok Kumar Mishra, Niranjan Swain, and D.K. Malhotra

Determinants of the Pricing of Privatization IPOs in the UK and Australia

    Jo-Ann Suchard and Manohar Singh

Global Stocks and Contemporaneous Market Risk

    Leyuan You, Chun-Hao Chang, Ali M. Parhizgari, and Arun J. Prakash

A General Formula for the WACC: A Comment

    Pablo Fernandez

A General Formula for the WACC: A Reply

    André Farber, Roland Gillet, and Ariane Szafarz

 

Volume 12 Number 2 Spring 2007

Real Options with Information Costs: A Synthesis

    Mondher Bellalah and Georges Pariente

Real Options Value by Monte Carlo Simulation and Fuzzy Numbers

    Juan G. Lazo Lazo, Marley Maria B. R. Vellasco, Marco Aurélio C. Pacheco, and Marco Antonio G. Dias

Real Option: Valuation of the Option to Invest Including Corporate tax and Information Costs

    Olivier Levyne

Market Valuation of Technology Stocks Before and After the Crash

    Ephraim Clark, Amel Zenaidi, and Sélima Baccar

Are Exit Decisions Capital Replacement Decisions? Evidence from the Tanker Industry

    George N. Dikos

Evaluation of International Joint Venture Agreements: Real Options in Practice

    Carmen Juan,  Fernando Olmos, and Rahim Ashkeboussi

Real Options Valuation within Information Uncertainty: Some Extensions and New Results

    Mondher Bellalah, A. Bouri, and O. Levyne

 

Volume 12 Number 1 Winter 2007

A Special Issue on "Taking Business Seriously"

Taking Business Seriously: Introduction to Special Issue

    Richard H. Franke

Advances and Challenges in Strategic Management

    John H. Grant

Executive and Strategic Leadership

    Bernard M. Bass

Capital Investment versus Utilization in Business Performance and Economic Growth

    Richard H. Franke and John A. Miller

Legal and Logical Limitations in Applying Social Science to Business

    Gerald V. Barrett

Competitor-oriented Objectives: The Myth of Market Share

    J. Scott Armstrong and Kesten C. Green

General Electric Performance over a Half Century: Evaluation of Effects of Leadership and Other Strategic Factors by Quantitative Case Analysis

    Richard H. Franke, Anthony J. Mento, Steve M. Prumo, and Timothy Edlund

Brief Comments on “Taking Business Seriously”

    Walter J. Reinhart

 

Volume 11 Number 4 Fall 2006

Describing the Nordic Forward Electric-Power Market: A Stochastic Model Approach

    P. B. Solibakke

Calendar Corrected Chaotic Forecast of Financial Time Series

    Alexandros Leontitsis and Costas Siriopoulos

The Relationship between Exchange Rate and Stock Prices during the Quantitative Easing Policy in Japan

    Yutaka Kurihara

How Much Does Industry Matter in Taiwan?

    Pang-Tien Lieu and Ching-Wen Chi

Structural Break in the Egyptian Stock Market: A Logistic Regression Analysis

    Mohammed Omran

Flexibility and Performance of MNEs: Evidence from Taiwan

    Hsien-Chang Kuo, Yang Li, Lie-Huey Wang, and Chia-Yu Ding

 

Volume 11 Number 3 Summer 2006

A Special Issue on "The Contemporary Chinese Economy"

The Aims and Purposes of the China Papers

    Laurence R. Klein and Yochanan Shachmurove

China in the World Economy: 1300-2030

     Angus Maddison

Stagnation and Growth in China over the Millennium: A Comment on Angus Maddison’s “China in the World Economy, 1300-2030”

     Dwight H. Perkins

Corruption and China’s Economic Reform in the Early 21st Century

     Gregory C. Chow

The Sustainability of China’s Economic Performance at the Turn of the Century

     Lawrence R. Klein

Dynamic Linkages among the Stock Exchanges of the Emerging Tigers of the Twenty First Century

     Yochanan Shachmurove

 

Volume 11 Number 2 Spring 2006

Estimation of Transaction Costs on the Tunisian Stock Exchange: An Empirical Research via A Tobit Model with Frictions

     Mondher Bellalah, Adel Boubaker, and Saber Sebai

Sensitivity of Interest Rate Caps to the Elasticity of Forward Rate Volatility

     Jean-Michel Sahut and Mehdi Mili

How to Calculate An Internal Rating? Synthesis and Proposition for A Contingent Approach Using A Monte Carlo Simulation and A Rate Stochastic Model Following Poisson’s Law

     Pascal Damel

Flexible-Rate Mortgages

     Andrea Roncoroni and Alessandro Moro

The Treatment of Credit Risk in the Basel Accord and Financial Stability

     Marie-Florence Lamy

Optimal Portfolios with Guarantee at Maturity: Computation and Comparison

     Jean-Luc Prigent and Fabrice Tahar

The Dynamics of Portfolio Management: Exchange Rate Effects and Multisector Allocation

     Jean-Pierre Berdot, Daniel Goyeau, and Jacques Léonard

A General Formula for the WACC

     André Farber, Roland Gillet, and Ariane Szafarz

The Effect of Asymmetric Information and Transaction Costs on Asset Pricing: Theory and Tests

     Makram Bellalah and Sofiane Aboura

 

Volume 11 Number 1 Winter 2006

A Special Issue on "The Contemporary Japanese Economy and Financial markets"

 

Special Issue on Contemporary Japanese Economy and Financial Markets

    Nobuyoshi Yamori and Toshiki Jinushi

Do Japanese Banks Change Their Lending Behavior to Dull Industries? A Comparison with the Bubble Period

    Kazumine Kondo

The Changing Structure of Cost for Japanese Securities Firms

    Kozo Harimaya and Eiji Okuyama

Does the Japanese Closed-End Fund Puzzle Exist? An Empirical Study of the Efficiency of the Financial Market in Japan

    Kenya Fujiwara

Recent Fundamental Reform of Public Financial System in Japan: Background and Remaining Problems

    Narunto Nishigaki

Trading Company Finance in Japan

    Iichiro Uesugi and Guy M. Yamashiro

Recent Japanese Monetary Policy: An Evaluation of the Quantitative Easing

    Yutaka Kurihara

 

Volume 10 Number 4 Fall 2005

Business Applications of Emulative Neural Networks

    Yochanan Shachmurove

A Stock Market Reaction Following Convertible Bond Issuance: Evidence from Japan

    Wei Cheng, Nuttawat Visaltanachoti, and Puspakaran Kesayan

The Persistence of European Bond Fund Performance: Does Conditioning Information Matter?

    Florinda Silva, Maria Ceu Cortez, and Manuel Rocha Armada

Should Global Rules Have Legal Teeth? Policing (WHO Framework Convention on Tobacco Control) vs. Good Citizenship (UN Global Compact)

    Tagi Sagafi-nejad

An Analysis of the Short- and Long-Run Relationships Between South Asian and Developed Equity Markets

    Asjeet S. Lamba

An Empirical Study of Net Assets Disclosure: Inflation Accounting Revisited

    David C. Yang, Miklos A. Vasarhelyi, Caixing Liu, and Kim Shima

Implications of the General Agreement on Trade in Services (GATS) for Trinidad and Tobago’s Financial Policy

    Dennis J. Gayle and Roger Hosein

 

Volume 10 Number 3 Summer 2005

Long-Range Dependence in Daily Volatility on Tunisian Stock Market

    Mondher Bellalah, Chaker Aloui, Ezzeddine Abaoub

The Return in Hedge-Fund Strategies

    Adel A. Al-Sharkas

Portfolio Management with Safety Criteria in Complete Financial Markets

    Jean-Luc Prigent and Salwa Toumi

R&D Investment and the Financial Performance of Technological Firms

    Jean-Sébastien Lantz and Jean-Michel Sahut

Business Angels: The Smartest Money for Starters? Plea for A Renewed Policy Focus on Business Angels

    Rudy Aernoudt

Foreign Exchange Market Efficiency: Fractional Cointegration Approach

    Lotfi Belkacem, Zahra El Meddeb, and Heni Boubaker

 

Volume 10 Number 2 Spring 2005

Dynamic Linkages Among the Emerging Middle Eastern and the United States Stock Markets

    Yochanan Shachmurove

On Portfolio Analysis, Market Equilibrium and Corporation Finance with Incomplete Information

    Mondher Bellalah and Charles Bouy

Regulatory Changes in the Pharmaceutical Industry

    Brian Boscaljon

The Impacts of Political Events on Foreign Institutional Investors and Stock Returns: Emerging Market Evidence from Taiwan

    Dar-Hsin Chen, Feng-Shun Bin, and Chun-Da Chen

 

Volume 10 Number 1 Winter 2005

Pricing in the New Economy: Lessons from the Period of the E-Commerce Bubble

    Phillip J. Bryson

Volume, Volatility and Periodic Closure with Information Uncertainty

    Mondher Bellalah and Armand Derhy

The Conflict Between Agency Theory and Corporate Control on Managerial Ownership: The Evidence from Taiwan IPO Performance

    Anlin Chen and Lanfeng Kao

Measuring Transparency of Corporate Transitional Performance in Egypt: A Quantitative Approach

    Tarek Ibrahim Eldomiaty

Global Diversification: Developed and Emerging Economies

    Chandra Shekhar Bhatnagar and Dipasri Ghosh

 

Volume 9 Number 4 Fall 2004

Global Manufacturing Network and Supply Chain Management for the Electronics Industry

    Chen-Fu Chien and Yongjiang Shi

Transition from Imitation to Innovation: Lessons from a Korean Multinational Corporation

    Woojae Kim, Yongjiang Shi,  and Mike Gregory

Using DEA to Evaluate R&D Performance of the Computers and Peripherals Firms in Taiwan

    Chin-Tai Chen, Chen-Fu Chien, Ming-Han Lin, and Jung-Te Wang

Solution Methodology for Synchronizing Assembly Manufacturing and Air Transportation of Consumer Electronics Supply Chain

    Kunpeng Li, Appa Iyer Sivakumar, M. Mathirajan, and Viswanath Kumar Ganesan

CASH: A New SPC Scheme Based on Cluster Analysis in Excess Variety

    Bin Nie and Er Shi Qi

Measuring Government’s Industry Development Strategy Using Balanced Scorecards and Resource-based Theory - A Case Study of Taiwanese Semiconductor Industry

    Day-Yang Liu and Lon-Fon Shieh

 

Volume 9 Number 3 Summer 2004

An Introduction to the Special Issues on Financial Markets of the Middle East

   Yochanan Shachmurove

The Determinants of the Cost of Capital by Industry within an Emerging Economy:  Evidence from Egypt

    Mohammed Omran and John Pointon

The Performance of Banks in Post-war Lebanon

    David Peters, Elias Raad, and Joseph F. Sinkey, Jr.

Dividend Policy Behavior in the Jordanian Capital Market

    Ghassan Omet

An Analysis of Day-of -the-Week effects in the Egyptian Stock Market

    Hassan Aly, Seyed Mehdian, and Mark J. Perry

Testing the Weak-Form Efficiency of the United Arab Emirates Stock Market

    M.A. Moustafa

 

Volume 9 Number 2 Spring 2004

Asset Allocation and Section 529 Plans

    Ramon P. DeGennaro

On Corporate International Investment under Incomplete Information

    Mondher Bellalah

An Empirical Analysis of Yen-Dollar Currency Swap Market Efficiency

    D.K. Malhotra, Rand Martin, and Vivek Bhargava

Emerging Market Equity Prices and Chaos:  Evidence from Thailand Exchange

    Bahram Adrangi, Arjun Chatrath, Ravindra Kamath, and Kambiz Raffiee

Economic Developments, Business Culture and Its Links to Business Practice:Is There a Thai Style of Management?

    F. Gerard Adams and Heidi Vernon

Is the World Bank Funding to the African Region Gainful or Wasteful? A Financial Management Case for Restructuring of the World Bank

    M. R. Kumara Swamy

Volume 9 Number 1 Winter 2004

Memory in World Stock Prices

      Bala G. Arshanapalli, Larry Belcher, Christopher K. Ma, and James E. Mallett

Volume, Volatility, Spreads and Periodic Closure in the French Market

      Mondher Bellalah

The Revised Contract Law and Its Implications on Consumerism in China

      Mary Ip

Extensible Business Reporting Language: The Future of E-Commerce-driven Accounting

      Rashmi Malhotra and Francis Garritt

Why Does Stock Market Volatility Differ across Countries? Evidence from Thirty Seven International Markets

      Xuejing Xing

Inflation Rate Variations across Household: Empirical Evidence from Taiwan

      Pang-Tien Lieu, Chinkun Chang, and Jry-rong Chang


Volume 8 Number 4 Fall 2003

Introduction for the Special Issue

       Mondher Bellalah

On Arbitrage, Information Costs, Compound Options and the Valuation of the Firm and Its Assets

       Mondher Bellalah

War and Emerging Market Default Risk: The Case of India and the Iraqi Invasion of Kuwait

       Ephraim Clark and Geeta Lakshmi

Value Creation in High-Tech: The Case of the Telecommunication Sector

       Jean-Michel Sahut and Jean-Sebastien Lantz

Using Treasury “Repurchase” Shares to Stabilize Stock Markets

       Nidal Rashid Sabri

The Effect of Asymmetric Information on the Cost of Capital

       Makram Bellalah and Riadh Belhaj 

Portfolio Insurance Strategies: A Comparison of Standard Methods When the Volatility of the Stock Is Stochastic

       Philippe Bertrand and Jean-luc Prigent

Bridge the Gap: Fruitful Contacts Between Finance Professionals and Academics Are Needed

       Jean-Francois Boulier

 

Volume 8 Number 3 Summer 2003

 

Introduction for the Special Issue on Emerging Financial Markets of the Middle East

       Yochanan Shachmurove

Political Events and the Stock market: Evidence from Israel

       Tzachi Zach

Efficiency Differences Between the S&P 500 and the Tel-Aviv 25 Indices: A Moving Average Comparison

       Uri BenZion, Paul Klein, Yochanan Shachmurove, and Joseph Yagil

On Risk and Return in MENA Capital Markets

       Eric Girard, Mohamed Omran, and Tarak Zaher

Measuring the Systematic Risk of IPO’s Using Empirical Bayes Estimates in the Thinly Traded Istanbul Stock Exchange

       Gulnur Muradoglu, Asad Zaman, and Mehmet Orhan

Financial Integration of Stock Markets in the Gulf: A Multivariate Cointegration Analysis

       Aqil Mohd. Hadi Hassan

Mean-Reversion Across MENA Stock Markets: Implications for Derivative Pricing

       Sam Hakim and Simon Neaime

Time-Series Analysis of the Impact of Real Interest Rates on Stock Market Activity and Liquidity in Egypt:Co-integration and Error Correction Model Approach

       Mohammed Omran

 

Volume 8 Number 2 Spring 2003

 

Can Information Technology Revive Economic Development in East Asia? The Role of Human and Technical Resource Policy

       F. Gerald Adams

The Information Content of Price Limit Moves
       Larry Belcher, Christopher K. Ma. and James E. Mallett

The Performance of Initial Public Offerings in an Emerging Market: The Case of the Istanbul Stock Exchange

       Bradley T. Ewing and Ozkan Ozfidan

Breaking out of the Failure Mode with Best Practice Decision-Making Processes

       Paul C. Nutt

A Forecasting Model for the Likelihood of Delinquency, Default or Prepayment: The Case of Taiwan

       Chin-Tsai Lin and Shih-Yu Yang

Understanding the Business Protocol of Bonding in Establishing Cross-cultural Relationships: A U.S. and Chilean Example

        Angelica C. Cortes

 

Volume 8 Number 1 Winter 2003

 

Hubris Amongst U.K. Bidders and Losses to Shareholders

       Mahendra Raj and Michael Forsyth

Value-at-risk and Extreme Returns in Asian Stock Markets

       Andre' L.C. da Silva and Beatriz v. de Melo Mendes

Regional Financial Crises and Equity Market Reactions: The Case of East Asia

       Bahram Adrangi, Kambiz Raffiee, and Todd M. Shank

Predicting Mutual Fund Performance: A Portfolio Commonality Approach

       Louis T. W. Cheng, Kam C. Chan, Lynn K. Pi, and Larry Guin

A Broad Analysis of United States Generally Accepted Accounting Principles and the Malaysian Accounting Standards Board Approved Accounting Standards

       Takiah Mohd. Iskandar, David C. Yang, Norman Mohd. Saleh, and Terry Gregson

 

 

Volume 7 Number 3 Fall 2002

The Changing Triangle: U.S., China and Taiwan

       Hung-Gay Fung and Julius H. Johnson, Jr.

The Three-way Economic Relationships among U.S., Taiwan, and China

       Hung-Gay Fung

Economic Relationships and Outlook of China, U.S., and Taiwan

       Cheng F. Lee

Meet the New China

       Douglas Allen

Non-performing Loan Resolutions in China and Taiwan: A Policy Evaluation

       Yea-Mow Chen

Remarks on the Changing Triangle: the U.S., China, and Taiwan

       Charles Horner

Taiwan and China Cross-strait Negotiations: the International Connection

       Jaw-ling Joanne Chang

Changing Guards and Changing Policies toward China: Taiwanese and American Perspectives

       C.L. Chiou

Volume 7 Number 2 Summer 2002

 

The Behavior of Secondary European Stock markets to Positive and Negative Shocks

       Yochanon  Shachmurove

Efficiently Estimated Mean and Volatility Characteristics for the Nordic Electric Power Market

       P.B. Solibakke

An Autoregressive Approach of the Arbitrage Pricing Model to the Portuguese Stock Market

       Maria Helena Ferreira Pinto and Manuel J. Rocha Armada

Contingent Fuzzy Approach for the Development of Banks Credit-Granting Evaluation Model: The Case of Taiwan

       Hsien-Chang Kuo, Soushan Wu, Lie-Huey Wang, and Melan Chang

Differences in Strategies of Upward Influence: A Comparative Study of Managers from China, Macao and Portugal

       Robert H. Terpstra, David A. Ralston, Jorge C. Jesuino, and Irene Cheung

 

Volume 7 Number 1 Spring 2002

 

Canadian Acquisition of U.S. Divested Assets

       Peter DaDalt, Ginette McManus, and James E. Owers

Issuer-oriented Underpricing, Share Marketability, and Share Value

       Robert M. Pavlik and William H. Dare

Applying Analytic Hierarchy Process in Firms Overall Performance Evaluation: A Case Study in China

       Jiaqin Yang and Ping Shi

An Investigation of the Day-of-the-week Effect in Korea: Has the Anomalous Effect Vanished in the 1990s?

       Ravindra Kamath and Jirayuth Chusanachoti

Financial Management Appraisal of Technology Transfer to Developing Countries via Multinational Corporations

       M.R. Kumara Swamy

How Did Japanese Banks Make Cutbacks in the 1990s?

       Nobuyoshi Yamori and Kazumine Kondo


 

Volume 6 Number 2 Fall 2001

 

Greater China Economy: 21 Century Challenges and Opportunities

       Hung-Gay Hung and Dileep R. Mehta

Financial Liberation and Corporate Governance in China

       Hung-Gay Fung and Wai Kin Leung

Short-term Dynamic Transmission and Long-term Foreign Share Discount: Evidence from the Chinese Stock Markets

       Xiaoqing Eleanor Xu and Jiong Liu

A Location Analysis of Taiwanese Manufacturing Branch-Plants in Mainland China

       Jack W. Hou and Kevin H. Zhang

Stock Returns, Volatility, and Trading Volume: Evidence from the Chinese Stock Markets

       Chao Chen and Zhong-Guo Zhou

Chinas Banking Reform: A Single Step in a Thousand-mile Journey

       Joanne Li and Jot Yau

Chinese Consumer Law: Recent Developments and Implications

       Mary Ip        

 

Volume 6 Number 1 Spring 2001

 

Dynamic Interrelations Among Major World Stock Markets: A Neural Network Analysis

       Yochanan Shachmurove and Dorota Witkowska

Efficient Investment Portfolios in a Real-Value Environment: Implications for Portfolio Managers and Bond Yields

       Anthony F. Herbst and Wayne F. Perg

Diffusion of Electronic Stores: A Comparison Between Taiwan and the United States

       Ting-Peng Liang and Yi-Cheng Ku

Contingency Approaches Applied to the Implementation of Strategic Decisions

       Paul C. Nutt

Relevance of Currency Exposure in the Valuation of Single-country Closed-end Funds

       Abraham Mulugetta, Dilip K. Ghosh, and Joseph Cheng

Volatility in Emerging Stock Markets: An Examination of the Middle Eastern Region

       Ibrahim Affaneh and Robert Boldin


 

Volume 5 Number 2 Fall 2000

 

Portfolio Analysis of Major Eastern European Stock Markets

       Yochanan Shachmurove

An Exponential Extrapolation Approach for the Valuation and Hedging of American Options  

       Chuang-Chang Chang

Variation and Covariation between Market Timing and Selectivity: an Alternative to Traditional Meta-analysis

        Sydney D. Howell and Manuel J. Rocha Armada

Stock Return and Exchange Rate Risk: Evidence from Asian Stock Markets Based on A Bivariate GARCH Model

        Thomas C.Chiang, Sheng Y. Yang, and Tse S. Wang

Order Submission Decisions and Market Performance under Different Trading Mechanisms

        Yi-Tsung Lee

 

Volume 5 Number 1 Spring 2000

 

The International Attributes and Return Performance of Newly-Listed American Depositary Receipts

       Sudhir Nanda, Chenyang Feng, and James E. Owers

A Comparison of Marginal and Average Tobin's Q Ratios

        James S. Ang and Kristine L. Beck

Taxes and the Tax Rate Effect on the Capital/Labor Decision: An International Comparison

       Michael S. Long and Aniko Soltesz

Intraday Pricing Errors at the Tokyo Stock Exchange

       Nobuyoshi Yamori

Optimal Reserve Requirements and Price Stability: Taiwan's Case Study

       Chau-Jumg Kuo and Sode D. Shyu


 

Volume 4 Number 2 Fall 1999

 

Asset Pricing Model without Consumption Data: An Empirical Study of Pacific Basin Equity Markets

       Peter Shyan-Rong Chou, Mao-Wei Hung, and Yin-Ching Jan

Russian Mass Privatization: What Has Been Achieved?      

       Trevor Buck, Igor Filatotchev, Mike Wright, and Vladimir Zhukov

Price, Volume and Volatility Spillovers among New York, Tokyo and London Stock Markets

       Sangphill Kim and Meng Rui

Profitability and Volatility of IPO Firms and Underwriter Reputation

       Jean Loo, Dong-Woo Lee, and Jong-Hwan Yi

Cross-National Differences in Corporate Cultures and the Culture-Performance Relationship: A Two-Country Comparison

       Kamal M. Haddad, Chee W. Chow, George Gordon, Richard Nen-Chen Hwang, and Anne Wu

 

Volume 4 Number 1 Spring 1999

 

Universal Currency Hedging for International Equity Portfolios under Parameter

        Glen A. Larsen, Jr. and Bruce G. Resnick

Volatility Characteristics and Persistence in Latin American Emerging Markets    

        Bahram Adrangi, Arjun Chatrath and Kambiz Raffiee

Transformation of the Second World from Plan to Market: Economic Effects of Culture, Convergence, and Investment

       Richard H. Franke

A Neural Fuzzy System for Sovereign Debt Service Capacity Evaluation

       Weiping Liu and Mark I. Hwang

Stock Market Integration: Evidence from Pacific-Basin Country Funds

       David Ely, Mehdi Salehizadeh, and Moon Song

High-Return Low-Beta Stock Markets: A New Approach with Generalized International Asset Pricing Model

       Sangphill Kim and Young-Yong Kim


 

Volume 3 Number 2 Fall 1998

 

Are Dividends Smoothed Signals of Earnings Asymmetry? An Empirical Investigation

       Rakesh Bharati, Manoj Gupta, and Prasad Nanisetty        

Civilian and Defense Research and Development Funding in Six Major Economies

       Thomas L. Powers and Ricardo P. Leal

International Diversification During the 1990s

       Ahmet Tezel and Ginette McManus

An Empirical Analysis of the Relationships Between Currency Risk and Country Risk, Country Development, and Country Location

       Svyatoslav V. Yenin and  Stephen F. Borde

Portfolio Optimization Under Realistic Short Sales Restrictions

       Manuel Tarrazo and Gregory Alves

 

Volume 3 Number 1 Spring 1998

 

Europe on Its Road to EMU

       Niels Thygesen

The Effects of European Monetary Union on the Dollar and the Yen as International Reserve and Investment Currencies

       Michael Frenkel and Jens Søndergaard

European Financial Integration and EMU Expectations

       Dieter Bender and Norbert Lamar

The Changing Role of Financial Intermediation in Europe

       Gunter Dufey

EMU: What If the Shocks Are in the Labor Markets?

       Gil Mehrez  and Natacha Valla

Towards A Single European Insurance Market        

       Thomas Hess and Thomas Trauth

Regulating the Market for Corporate Control: Lessons from Germany  

       Ulrich Hommel


 

Volume 2 Number 2 Fall 1997

 

Exchange Rate Pass-Through and the Role of International Distribution Channels

       Ramarao Desiraju and Milind Shrikhande

A Re-examination of the Impact of Socialization Practices on the Role Adjustment of Professionals  

       Ruth C. King and Vikram Sethi

Product Quality, Gasoline Prices, and Japanese Shares in the U.S. Automobile Market  

       Chyi-Ing Lin, Jer-Shiou Chiou, and Ben-Chieh Liu

Transaction Exposure, Forward Foreign Exchange Contracts and Exchange Rate Risk  

       Arindam Bandopadhyaya

A Study of If-Then-Else Structures in End User Programming  

       Houn-Gee Chen

 

Volume 2 Number 1 Fall 1997

 

Exchange Rate Dynamics with Chartists, Fundamentalists, and rational Speculators in the Foreign Exchange Market  

       Michael Frenkel

Marketing and Technology Adaptations for International Success  

       Tung-lung Chang and Cheng-min Chuang

On Existence of An Optimal Stock Price: Evidence from Stock Splits and Reverse Stock Splits in Hong Kong  

       Lifan Wu and Bob Y. Chan

A Heterogeneous Competitive Strategy: Implementation and Implications  

       David Anderson and Jia Wang

The Time Structure of Investment Behavior and Output Price Expectations: Solution of A Paradox  

       Jung-hui Liang and Peter Shyan-rong Chou


 

Volume 1 Number 2 Fall 1996

 

Option Trading and the Information Content of Security Prices with Respect to Accounting Earning

       Li-Ching jennifer Ho, Chao-Shin Liu and Jeffrey J. Tsay

Game Theory, Information Economics, Rational Expectations, and Efficient Market Hypothesis: Overviews and Exposition of Interconnections

       Kavous Ardalan

Fluctuation in Currency Value and the Aggregate Profit of the U.S. Manufacturing Sector

       Ki-ho Kim and Charles T. Davidson

Re-Education Ragnor: Strategy Amiss

       Manab Thakur

Developing a Network Position in Estonia: The Case of Statoil

       Pervez N. Ghauri and S. Benjamin Prasad

 

Volume 1 Number 1 Spring 1996

 

A Model for Corporate Bonds and the Pricing of Interest Rate Swaps with Cridit Risk

       Tong-sheng Sun and Ching Wang

The Effect of Alternative Common Cost Allocations on Managerial Utility and Producting Decisions Under Uncertainty

       Jeong-Bon Kim and Mohamed E. Ibrahim

Predicing NYSE Listing of OTC Firms: A Logit Analysis

       Nen-Chen Hwang and Edmond K.Kwan

Management's Perspectives on Common Stock Dutch Auction Tender Offers

       Majed R. Muhtaseb

A Note on the Calculation of the After-Tax Cost of Debt

       Wm R Mcdaniel, Daniel E McCarty and Kenneth A. Jeesell

The Crisis in Accounting Education: the Case for an Innovative Response

       David Bagley, John Blake, and Henry Lunt