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Full-Text Articles in Business
Fleeting Orders And Dynamic Trading Strategies: Evidence From The Australian Security Stock Exchange (Asx), Tina Prodromou, Joakim Westerholm, Hui Zheng, Dionigi Gerace
Fleeting Orders And Dynamic Trading Strategies: Evidence From The Australian Security Stock Exchange (Asx), Tina Prodromou, Joakim Westerholm, Hui Zheng, Dionigi Gerace
Faculty of Business - Papers (Archive)
This study examines the behaviour of fleeting orders before and after two structural changes at the Australian Securities Exchange (ASX); the removal of broker IDs from the public limit order book and a change in the price structure of exchange fees. Following Hasbrouck and Saar (2009), fleeting orders are defined as orders that are revised or cancelled within two seconds. Firstly, this study confirms that fleeting limit order revisions exhibit similar properties to liquidity-demanding orders. Secondly, after the removal of broker IDs on the market, traders start to aggressively chase the market price. Thirdly, after the price structure changes, traders …
Developing Csr Giving As A Dynamic Capability For Salient Stakeholder Management, John Cantrell, Elias Kyriazis, Gary Noble
Developing Csr Giving As A Dynamic Capability For Salient Stakeholder Management, John Cantrell, Elias Kyriazis, Gary Noble
Faculty of Business - Papers (Archive)
In this paper, we draw upon the emerging view of strategic cognition and issue salience and show that CSR giving has evolved into more than an altruistic response to being asked for support, to one which is embedded in the strategic frames of management and which supports organizational identity. The managerial action as a result of such strategic cognition suggests that modern organizations are seeking to develop CSR giving processes that provide them with a competitive advantage. We draw on the resource-based view of organizations and the VRIO framework to provide the theoretical foundations for our argument that CSR implementation …
On Dynamic Multiple Criteria Decision Making Models: A Goal Programming Approach, Belaid Aouni, Cinzia Colapinto, Davide La Torre, Danilo Liuzzi, Simone Marsiglio
On Dynamic Multiple Criteria Decision Making Models: A Goal Programming Approach, Belaid Aouni, Cinzia Colapinto, Davide La Torre, Danilo Liuzzi, Simone Marsiglio
Faculty of Business - Papers (Archive)
Dynamic multiple criteria decision making (DMCDM) represents an extension of classical multiple criteria decision making to a context in which all variables are depending on time. This complex decision making problem requires the development of methodologies able to incorporate different and conflicting goals in a satisfying design of policies. We formulate two different goal programming models, namely a weighted goal programming model and a goal programming model with satisfaction functions, for solving DMCDM models. We present an application of this methodology to analyze the trade-off between consumption and investment in a traditional Ramsey-type macroeconomic model with heterogeneous agents. For a …