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Full-Text Articles in Business

Product Deletion: A Critical Overview And Empirical Insight Into This Process, Jonathan Muir, Nina Reynolds Jan 2011

Product Deletion: A Critical Overview And Empirical Insight Into This Process, Jonathan Muir, Nina Reynolds

Faculty of Business - Papers (Archive)

With organisations as diverse as Heinz, Kraft, Polygram and Sony reducing the scope of their product portfolios, it appears that the issue of product deletion is currently exercising managerial minds. Those keen to pursue their interest in this area will find a concise body of work spanning nearly six decades. However, missing from this work is an understanding of the recurring tactical, strategic and cultural variables involved in deletion decision-making. This research sought to alleviate this shortcoming through conducting an in-depth literature review and considering the deletion experiences of three world-renowned organisations. The results of this exploratory study provide an …


On The Relationship Between Population Change And Sustainable Development, Simone Marsiglio Jan 2011

On The Relationship Between Population Change And Sustainable Development, Simone Marsiglio

Faculty of Business - Papers (Archive)

This paper investigates the relationship between population growth and economic growth, through the study of fertility choices and their effects on natural resources. It aims at analyzing the interactions between endogenous fertility choices and the environment and their link to the sustainable matter. We analyze a growth model driven by natural resources and without production, where agents have jointly to determine consumption and fertility, taking into account the effects of their decisions on the dynamics of natural resources. We adopt the most optimistic view on natural capital (it generates endogenous growth) and the weakest notion of sustainable paths (all variables …


Taxes, International Clienteles And The Value Of Adr Dividends, Aelee Jun, Graham H. Partington Jan 2011

Taxes, International Clienteles And The Value Of Adr Dividends, Aelee Jun, Graham H. Partington

Faculty of Business - Papers (Archive)

The values of ADR dividends are estimated from the period when, due to different ex-dividend dates, the ADRs and their underlying Australian stocks trade with differential dividend entitlements. These estimates of ADR dividend values are significantly less noisy than traditional exdividend estimates. The ADR dividends are valued at less than their face value and the dividends on the stocks at more than their face value. This is consistent with the ADRs being held by U.S. investors placing little value on the imputation tax credits attached to the dividends and the converse for Australian resident investors.


Engaging Industry: Embedding Professional Learning In The Business Curriculum: Final Report 2011, Theo Theo Papadopoulos, Tracy Taylor, Eveline Fallshaw, Michael Zanko Jan 2011

Engaging Industry: Embedding Professional Learning In The Business Curriculum: Final Report 2011, Theo Theo Papadopoulos, Tracy Taylor, Eveline Fallshaw, Michael Zanko

Faculty of Business - Papers (Archive)

Professional learning has become a feature of business curricula in universities throughout Australia and around the world. 'Professional learning' is often used to denote educational programs that are explicitly linked to industry and professional bodies through industry placements, industry projects and teaching approaches that highlight contemporary industry issues. Professional learning encompasses the skills, qualities and attributes that are required by a profession and the processes through which those skills are learnt: that is, the methods of teaching - case studies, role plays, field trips, work placement and the like. Professional learning encourages deep learning in relation to the student's future …


How Satisfaction Modifies The Strength Of The Influence Of Perceived Service Quality On Behavioral Intentions, Shyh Jane Li, Yu-Ying Huang, Miles Yang Jan 2011

How Satisfaction Modifies The Strength Of The Influence Of Perceived Service Quality On Behavioral Intentions, Shyh Jane Li, Yu-Ying Huang, Miles Yang

Faculty of Business - Papers (Archive)

Purpose: The existence and form of interaction effects between service quality and satisfaction are still uncertain. The main purpose of this study is to examine whether satisfaction moderates the relationship between service quality and behavioral intentions. Design/methodology/approach: A structured questionnaire was distributed to the out-patients of 12 regional hospitals (the middle level) in Taiwan. Findings: The findings show that the forms of moderators played by satisfaction are not always the same under different dimensions of service quality (i.e. reliability, responsiveness, assurance, and empathy). Satisfaction positively moderates the influence of reliability/empathy on behavioral intentions, but negatively moderates the relationships between responsiveness/assurance …


Air Travellers Can't Get No Satisfaction - But It Doesn't Make Them Less Loyal, Sara Dolnicar Jan 2011

Air Travellers Can't Get No Satisfaction - But It Doesn't Make Them Less Loyal, Sara Dolnicar

Faculty of Business - Papers (Archive)

Is it the comfort of the seats, the high standard of the food or the friendliness of the cabin crew that has us using the same airline time after time?


Fractals And Self-Similarity In Economics: The Case Of A Two-Sector Growth Model, Davide La Torre, Simone Marsiglio, Fabio Privileggi Jan 2011

Fractals And Self-Similarity In Economics: The Case Of A Two-Sector Growth Model, Davide La Torre, Simone Marsiglio, Fabio Privileggi

Faculty of Business - Papers (Archive)

We study a stochastic, discrete-time, two-sector optimal growth model in which the production of the homogeneous consumption good uses a Cobb-Douglas technology, combining physical capital and an endogenously determined share of human capital. Education is intensive in human capital as in Lucas (1988), but the marginal returns of the share of human capital employed in education are decreasing, as suggested by Rebelo (1991). Assuming that the exogenous shocks are i.i.d. and affect both physical and human capital, we build specific configurations for the primitives of the model so that the optimal dynamics for the state variables can be converted, through …


Perceived Service Quality In Health Services Employing Virtual Channels, Shahriar Akter, John D'Ambra, Pradeep Ray Jan 2011

Perceived Service Quality In Health Services Employing Virtual Channels, Shahriar Akter, John D'Ambra, Pradeep Ray

Faculty of Business - Papers (Archive)

Health service over a virtual channel (e.g., mobile phone , web etc.) has emerged as a viable solution to serve the pressing healthcare needs through its high reach and low cost solution. According to Sousa & Voss (2006), “A virtual channel refers to a means of communication using advanced telecommunications, information, and multimedia technologies” . In this study, we focus on mobile health services ( mHealth) , which is defined as an interactive medical service over a mobile platform ( e.g., mobile phone , PDA ) containing both virtual ( e.g., e - referral, e - prescription etc.) and physical …


The Information Content Of Cash Dividend Announcements In A Unique Environment, Khamis Al-Yahyaee, Toan Pham, Terry S. Walter Jan 2011

The Information Content Of Cash Dividend Announcements In A Unique Environment, Khamis Al-Yahyaee, Toan Pham, Terry S. Walter

Faculty of Business - Papers (Archive)

Due to its distinctive institutional background, Oman offers a valuable opportunity to examine stock price reactions to dividend announcements. In Oman, (1) there are no taxes on dividends and capital gains, (2) there is a high concentration of share ownership, (3) there is low corporate transparency, and (4) firms frequently change their dividends. Our results show that announcements of dividend increases are associated with increased stock prices, while announcements of dividend decreases cause decreases in stock prices. Firms that do not change their dividends experience insignificant negative returns. These results contradict tax-based signaling models, which argue that higher taxes on …


Comovement Between Emerging And Developed Stock Markets: An Investigation Through Cointegration Analysis, Searat Ali, Babar Zaheer Butt, Kashif Ur Rehman Jan 2011

Comovement Between Emerging And Developed Stock Markets: An Investigation Through Cointegration Analysis, Searat Ali, Babar Zaheer Butt, Kashif Ur Rehman

Faculty of Business - Papers (Archive)

Globalization has amplified interest of academics and investors to the subject of co movement among the stock markets of the world. This study investigates the co movement of Pakistan's Equity Market with the markets of India, China, Indonesia, Singapore, Taiwan, Malaysia, Japan, USA and UK by using co integration test on monthly stock prices from the period of July 1998 to June 2008. The results reveal that there is no co movement of Pakistan's equity market with the markets of UK, USA, Taiwan, Malaysia and Singapore. Therefore, investors can reduce risk through investment in these countries. Whereas the stock prices …


Electricity Spot Trading In Germany: Price Formation And Convergence, Christian Growitsch, Rabindra Nepal Jan 2011

Electricity Spot Trading In Germany: Price Formation And Convergence, Christian Growitsch, Rabindra Nepal

Faculty of Business - Papers (Archive)

This paper analyses the price developments between the European Energy Exchange EEX and OTC wholesale spot markets in Germany using a linear state space model based on Kalman filter analysis. Our results suggest increasingly integrated German wholesale spot markets for electricity. The results remain the same when correcting for the influence of the introduction of the emissions allowance trading.


Dividend Smoothing When Firms Distribute Most Of Their Earnings As Dividends, Khamis Al-Yahyaee, Toan Pham, Terry S. Walter Jan 2011

Dividend Smoothing When Firms Distribute Most Of Their Earnings As Dividends, Khamis Al-Yahyaee, Toan Pham, Terry S. Walter

Faculty of Business - Papers (Archive)

Due to its distinctive institutional background, Oman offers a valuable opportunity to investigate the stability of the dividend policy. In Oman, (1) there are no taxes on dividends, (2) firms are highly levered mainly through bank loans, (3) there is a high concentration of stock ownership and (4) there is variability in cash dividend payments. These factors suggest a diminished role of dividend smoothing in Oman. Our results show that Omani financial firms have erratic dividend policies. These results are inconsistent with the predictions suggested by the relatively weak corporate governance, government ownership and dividend signalling.


Given The Fact That Australia Has Had A 'Petroleum Resource Rent Tax' Since 1987, Why Should There Be Any Opposition To A 'Mineral Resource Rent Tax'?, John A. Mclaren, Pierre Chabal Jan 2011

Given The Fact That Australia Has Had A 'Petroleum Resource Rent Tax' Since 1987, Why Should There Be Any Opposition To A 'Mineral Resource Rent Tax'?, John A. Mclaren, Pierre Chabal

Faculty of Business - Papers (Archive)

The Australian Government introduced a resource rent tax on offshore oil and gas deposits in 1987 and since then it has raised in excess of an additional $1 billion a year in revenue over and above the normal company tax on income. At the time it was being introduced a great deal of controversy followed the proposed introduction of the petroleum resource rent tax (PRRT). On 2 November 2011, the Australian government introduced the raft of bills into Parliament for the imposition of a Mineral Resource Rent Tax (MRRT) on profit generated from iron ore, coal and gas from coal …


Broker Recommendations And Australian Small-Cap Equity Fund Management, Carole Comerton-Forde, David R. Gallagher, Joyce Lai, Terry S. Walter Jan 2011

Broker Recommendations And Australian Small-Cap Equity Fund Management, Carole Comerton-Forde, David R. Gallagher, Joyce Lai, Terry S. Walter

Faculty of Business - Papers (Archive)

This study examines whether the abnormal performance of active Australian small-cap equity fund managers is associated with broker recommendations. Our evidence supports the investment value of broker recommendations, showing significant abnormal returns (ARs) both pre- and post-broker recommendations. We find that when a factor-mimicking portfolio based on broker recommendations is added to a Carhart (1997) model, annual alphas are reduced by 48 basis points. Using transaction-level data, buy trades following broker recommendations earn significant cumulative ARs of 1.56 per cent after 60days. Overall, we find that broker recommendations account for an economically significant component of alphas.


Minds At The Edge Of Chaos, Laura L. Rook, Genevieve Watson Jan 2011

Minds At The Edge Of Chaos, Laura L. Rook, Genevieve Watson

Faculty of Business - Papers (Archive)

The concept of a mental model is increasingly becoming of interest to organisations, as it is a person's beliefs, thoughts, interpretations, or otherwise termed, 'mental model' that can affect our actions and therefore how people achieve organisational outcomes (Jensen & Rasmussen 2004). This paper establishes a robust definition of the concept of a mental model for future research. The research was conducted using coherent conversations as part of a complexity-based inquiry. This project seeks to understand and explore the views held by individuals about actual work practices and ideal work practices. This research concludes that the individuals, who make up …