The effect of social conflict on relationship loyalty in business markets

This study examines the impact of perceived social conflict on existing buyer-seller relationships. The results indicate that as the level of social conflict increases, perceptions about the loyalty of the relationship decrease. Perceived importance of the relationship had no impact on conflict or relationship loyalty. Ramifications of these findings for selling, sales management, and sales training are discussed.     

Federal health care policy and the public-general hospital

Conclusion Although a stringent policy environment adversely affects both private and public hospitals, the market circumstances are worse for public hospitals. Because they are providers of last resort, they do not have as much flexibility as private hospitals in determining the quantity and scope of services they provide.     

Progress in German development assistance

A few months ago, Dr Eppler took over the ministry responsible for German development aid. The new minister considers development aid an important instrument for the international détente, which is to facilitate cooperation between peoples and which, in the long run, will guarantee world peace. Decisive for the carrying-through of aid measures is not a possible advantage for the donor countries, but only the benefit resulting for the developing countries. For this aim, steadily growing aid contributions do by no means suffice. What is necessary is rather a careful qualitative selection of measures and an improvement in their organisational prosecution.     

Stock Market Volatility in an Emerging Market: Further Evidence from the Athens Stock Exchange

We investigate the time series properties of the daily and weekly returns from the Athens Stock Exchange (ASE) index for the years 1987 to 1997. We investigate whether important time-series characteristics have changed significantly over time. The Greek market has recently undergone major changes including complete capital flow liberalization, the implementation of computerized trading, as well as significant increases in market volume and capitalization; we thus contrast the 1987–90 and 1991–97 periods. Our findings suggest the dynamics of the ASE composite index returns have changed as the market has developed.