排序方式: 共有63条查询结果,搜索用时 15 毫秒
21.
The circular pathway, also called the “cradle-to-cradle” model, is more than just recycling and environmental concerns. It is about a new way of thinking how we could grow without resorting to just expending resources. Its rapid expansion, as a new norm for companies, has characteristics of a Fast Expanding Market, given its exponential growth. In this article, we examine how the circular model is pushing companies and entities to come up with disruptive technology and business models that are based on longevity, renewability, reuse, repair, upgrade, refurbishment, servitization, capacity sharing and dematerialization. © 2015 Wiley Periodicals, Inc. 相似文献
22.
This paper attempts to evaluate the time-varying integration of emerging markets from a regional perspective based on a conditional version of the International Capital Asset Pricing Model (ICAPM) with DCC-GARCH parameters that allows for dynamic changes in the degree of market integration, global market risk premium, regional exchange-rate risk premium, and local market risk premium. Our findings reveal several interesting facts. First, the time-varying degree of integration of four emerging regions under consideration, satisfactorily explained by the regional level of trade openness and the term premium of US interest rates, has recently tended to increase, but these markets still remain substantially segmented from the world market. Second, the local market risk premium is found to explain more than 50% of the total risk premium for emerging market returns. Finally, we show that conditional correlations usually underestimate and overstate the measure of time-varying market integration. The empirical results of this study have some important implications for both global investors and policymakers with respect to dedicated portfolio investments in emerging markets and policy adjustments. 相似文献
23.
Stephen P. KeefMohammed S. Khaled 《Journal of Empirical Finance》2011,18(1):56-63
This study uses an alternative model specification to re-examine the influences of the new moon and the full moon on the daily returns of 62 international stock indices for the period 1988 to 2008. The fixed effects panel model incorporates the prior day effect and two calendar anomalies, i.e., the Monday effect and the turn-of-the-month effect, to assess variations in the lunar influences. A covariate, based on per capita gross domestic product (GDP), examines how the results vary between countries. The prior day effect is greater for less developed countries. The overall enhanced new moon effect is independent of GDP. An overall full moon effect is absent. These lunar effects are weakly influenced by the calendar anomalies. 相似文献
24.
Khaled F. Abdelghany Sharmila S. Shah Sidhartha Raina Ahmed F. Abdelghany 《Journal of Air Transport Management》2004,10(6):385-394
On-time performance of airlines schedule is key factor in maintaining current customer satisfaction and attracting new ones. This requires management of the different operation resources (crew/aircraft) to ensure their on-time readiness for each flight in the planned schedule. However, flight schedules are often subjected to irregularity. In particular, weather accounts for nearly 75% of system delays. Due to the tight connection among airlines resources, these delays could dramatically propagate over time and space unless the proper recovery actions are taken. This paper presents a model which projects flight delays and alerts for possible future breaks during irregular operation conditions. The results of applying the model at the operation control center of a major airlines company in the US are presented. 相似文献
25.
Khaled Soufani 《Managerial and Decision Economics》2002,23(1):21-32
Factoring is a financial service enabling enterprises to sell their accounts receivable to a factoring company in exchange for cash. The market for factoring in the UK has been growing at substantial rates and most banking institutions are now actively involved in providing this service. Little research on the factoring market currently exists and so this paper'seeks to profile the determinants influencing decision making in the UK factoring industry. Using data from an interview‐based survey, this paper establishes that the decision to purchase an enterprise's accounts receivable is influenced by the enterprise's size, type of product or service it offers, industry, sector, age, type of customers, financial statement, the management team, operational suitability, collectability and credit notes. Copyright © 2002 John Wiley & Sons, Ltd. 相似文献
26.
Where will we find growth opportunities ? the kind that will take our businesses to the next level? The usual and popular choice of terms we use when looking at current markets and potential ones often include developed markets and emerging economies. These terms have inspired a new golden age of racing to the new treasure hidden in the capacities of these markets. Based on the seminal concept of “fast‐expanding markets,” this article discovers growth as residing at a new level, capable of redefining geographies and territories, often untapped or unnoticed by the most conventional macroeconomic analysis. © 2015 Wiley Periodicals, Inc. 相似文献
27.
Khaled Bennour 《International Review of Economics》2009,56(2):163-173
This paper extends the prey–predator model of Grossman and Kim (J Political Econ 103:1275–1288, 1995) to analyze the relation between the value of a contested rent and the emergence of conflict. We show that an increase in
the value of the rent makes a conflict equilibrium more likely. We also analyze the case where the valuation of the rent is
different for the two players. We find, for example, that a conflict equilibrium may occur even though the predator has an
important disadvantage in warfare. That is when his valuation of the rent is sufficiently high compared to that of the prey.
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Khaled BennourEmail: |
28.
In this paper, we propose an index to measure the agreement level of an individual preorder with respect to a collective preorder
(or reference preorder). The originality of the proposed index consists in the two following facts: (i) it quantifies the
agreement level between two preorders which are not necessarily complete (i.e. they may include the incomparability relation),
a preference system rarely tackled in the literature and (ii) it takes into account the positions of the alternatives in the
individual preorder. The proposed index is then used to compute, within the framework of a consensus preorder research, the
agreement level of all group’s members with respect to a collective preorder. 相似文献
29.
This paper examines the technical efficiency of Australian banks during the post‐Wallis period (1997–2005). The results based on data envelopment analysis reveal that the extent of technical efficiency varies across the banks and over the years. The National Australia Bank, Commonwealth Bank and Macquarie Bank are found to be technically efficient, whereas Adelaide Bank, the Bank of Queensland and Westpac Bank are found to be prominently inefficient. Technical efficiency is the lowest among small banks and has declined over time largely due to deterioration in scale efficiency. Medium‐sized banks have outperformed both the small and large banks in terms of efficiency improvements. Some insights into the debate over the removal of the ‘four‐pillar’ policy are provided. 相似文献
30.
Basil Al-Najjar Rong Ding Khaled Hussainey 《International Review of Applied Economics》2016,30(3):403-421
This paper studies the CEO pay slice (CPS) of UK listed firms during the period 2003 to 2009. We investigate the determinants of CPS. We study the links between CPS and measures of firm performance. We find that firms with higher levels of corporate governance ratings and those with more independent boards tend to have higher CPS. In addition, we find that CEOs are more likely to receive lower compensation when they chair the board and when they work in firms with large board size. We also find that higher CPS is positively associated with firm performance after controlling for the firm-specific characteristics and corporate governance variables. We get compatible results when we examine the association between equity-based CPS and firm performance. Our results remain robust to alternative accounting measures of firm performance. Our results suggest that high UK CPS levels do indeed reflect top managerial talent rather than managerial power. 相似文献