(Unusual) weather and stock returns—I am not in the mood for mood: further evidence from international markets

This paper investigates the explanatory power of weather variables deviations in two leading international financial trading centres (New York and London) on 58 global stock indices over the period September 2000 to December 2013. The empirical results find that unusual deviations of weather variables from their monthly averages have a statistically significant effect on stock returns across global returns. The paper also attempts to explain these effects through the sales and energy prices mechanisms. The results provide strong support to both mechanisms.     

Local authority budgets 1981

Information technology has tremendous potential as a tool of management in developing ever more sophisticated ways of handling management information. But it can never do away with the need for management, the process of using human ingenuity and creativity to come up with practical solutions to real problems. There is a danger that the technology could be used to diminish the human dimension of management.     

Performance measurement considering the interdependence of evaluators and criteria

This research constructs a performance evaluation mechanism in regard to the interdependence of evaluators and criteria. The interest in performance evaluation has spawned a number of studies that investigated criteria or evaluators for organizations’ performance evaluation. However, very little attention has been paid to address the relationship between the evaluators and criteria. It is quite clear that there are different standpoints exist in different evaluators, consequently particular evaluators usually emphasize certain groups of criteria more than others. On the other hand, considering different criteria the strength of relation of evaluator changes accordingly. We address the existence of interaction between evaluator and criteria, because the two factors play major roles in the performance evaluation. This consideration gives top managers the chance to explore and realize the relationship between evaluators and criteria. It also reveals the evaluators’ synthetic standpoints about criteria, which are meaningful for managerial purposes.