Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 3 of 3
Full-Text Articles in Social and Behavioral Sciences
The Effects Of Currency Appreciation On Share Market Return: Ardl Approach, Gary G. Tian, Shiguang Ma
The Effects Of Currency Appreciation On Share Market Return: Ardl Approach, Gary G. Tian, Shiguang Ma
Faculty of Commerce - Papers (Archive)
This study employs the ARDL cointegrating approach to examine the impact of financial liberalization on the relationships between three Chinese main bilateral exchange rates and its share market performance. We discovered that a long-term equilibrium relationship measured by cointegration has emerged between the exchange rate of the RMB against the Japanese Yen and, to a lesser extent, the exchange rate against both the US dollar and Hong Kong dollar and the Shanghai Composite Index since 2005 when the Chinese exchange rate regime changed from a peg system to a more flexible managed floating system. We found that the exchange rate …
Retention Of Dissatisfied B-To-B Services Customers: An Empirical Test Of The Mediating Effects Of Dependence And Calculative Commitment, Venkata K. Yanamandram, Lesley White
Retention Of Dissatisfied B-To-B Services Customers: An Empirical Test Of The Mediating Effects Of Dependence And Calculative Commitment, Venkata K. Yanamandram, Lesley White
Faculty of Commerce - Papers (Archive)
The literature argues that the alternative outcomes of a customer either ending or continuing a struggling relationship not only depend on the determinant factors or switching barriers, but also on the essential nature of the relationship. This paper adapts a broad social exchange framework to business-to-business (B-to-B) exchange relationships, and explains "unjustified persistence" or the tendency to remain involved in a B-to-B relationship that is dissatisfying overall. Specifically, the paper extends the knowledge on the mediating factors that influence the likelihood of dissatisfied B-to-B customers who have complained, and considered switching, to continue purchasing from their existing service provider. Data …
Analysing The Asymmetric Effects Of Inflation On Real Investment: The Case Of Iran, Abbas Valadkhani, Amin Reza Kamalian, Mosayeb Pahlavani
Analysing The Asymmetric Effects Of Inflation On Real Investment: The Case Of Iran, Abbas Valadkhani, Amin Reza Kamalian, Mosayeb Pahlavani
Faculty of Commerce - Papers (Archive)
Using a threshold regression model and annual data (1960-2008), this paper examines thedeterminants of investment in Iran. We found that real GDP, the trade openness indexand inflation can influence investment. However, the effect of inflation on investmentfollows an asymmetry adjustment process. The threshold value for the rate of inflationhas endogenously been estimated to be at 11.9 per cent. If the annual rate of inflationexceeds this threshold, it will have a negative impact on investment. But, if inflationremains below this rate, not only the negative effect fades away but also rising prices canboost investment.