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Full-Text Articles in Business

Transforming Nobody To Somebody: Do Transformational Leadership And Relationship Marketing Make A Difference For Sustainable Marketing?, Nalin Abeysekera, Ananda Wickramasinghe Mar 2014

Transforming Nobody To Somebody: Do Transformational Leadership And Relationship Marketing Make A Difference For Sustainable Marketing?, Nalin Abeysekera, Ananda Wickramasinghe

Ananda Wickramasinghe

With a complex, dynamic and fiercely competitive business environment and consumerism, sustainable relationship marketing is a hallenge that is critical for businesses. The concept of transformational leadership can be considered as the most influential over the last two decades in changing the ways that businesses are operating - in particular, in marketing their products, and attracting, delighting and retaining customers for the long run. This conceptual paper examines the relationship between transformational leadership and relationship marketing in the context of selling. In particular, the usage of trust and commitment used by both theories has been discussed extensively. Ultimately this study …


Why Do Companies Fail? Considering The Key Problems And Success Factors In Modelling Failure Prediction In An Australian Context, William Wilkinson Mar 2014

Why Do Companies Fail? Considering The Key Problems And Success Factors In Modelling Failure Prediction In An Australian Context, William Wilkinson

Bill Wilkinson

Corporate failure is a regularly recurring problem for stakeholders, particularly investors, creditors and customers. Early attempts at predicting such failure typically relied on analysis of individual performance measurements such as accounting ratios; it was not until the late 1960s that a modelling approach to the problem started to evolve. Altman's Z-score model was the first approach to combine a series of weighted ratios using the statistical technique of multiple discriminant analysis (MDA) to arrive at a final score, which was used to determine whether or not a company was likely to fail. Substantial research has followed over the subsequent 40 …


Do Private Equity Investors Conspire With Ultimate Owners In The Ipo Process?, Qigui Liu, Vincent Tang, Gary Tian Feb 2014

Do Private Equity Investors Conspire With Ultimate Owners In The Ipo Process?, Qigui Liu, Vincent Tang, Gary Tian

Qigui Liu

This paper examines the interactive effect of private equity (PE) and ultimate owners on the process of firms' going public. We find that firms with high excess control rights have more earnings management before IPO, and they are more likely to seek PE investors especially when the earnings management are high. We further show that the involvement of PE investors increases the probability of the firms' IPO application being approved by the regulators in firms with high excess control rights. However, the PE-backed firms with high excess control rights are found to have higher IPO fee, lower initial returns and …


Do Private Equity Investors Conspire With Ultimate Owners In The Ipo Process?, Qigui Liu, Vincent Tang, Gary Tian Jan 2014

Do Private Equity Investors Conspire With Ultimate Owners In The Ipo Process?, Qigui Liu, Vincent Tang, Gary Tian

Qigui Liu

This paper examines the interactive effect of private equity (PE) and ultimate owners on the process of firms' going public. We find that firms with high excess control rights have more earnings management before IPO, and they are more likely to seek PE investors especially when the earnings management are high. We further show that the involvement of PE investors increases the probability of the firms' IPO application being approved by the regulators in firms with high excess control rights. However, the PE-backed firms with high excess control rights are found to have higher IPO fee, lower initial returns and …