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Full-Text Articles in Business

Stock Returns And Noise Trading: Domestic And International Evidence, Rahul Verma May 2004

Stock Returns And Noise Trading: Domestic And International Evidence, Rahul Verma

Theses and Dissertations - UTB/UTPA

In recent years there has been a growing debate on the possible linkages between the behavioral aspects of investors and stock prices. The financial economics have become more receptive to imperfect rational explanations and in this regard, investor psychology has emerged as a major determinant of stock prices. Under this approach, the central task is to examine how stock prices are related not only to risks, but also to the noise (Hirshleifer, 2001). After decades of study, the sources of risk premium in purely rational dynamic models are well understood; while, dynamic psychology based asset pricing theories are still in …


The International Hotel Industry In The New Millennium, Robert A. Brymer, A.J Singh Jan 2004

The International Hotel Industry In The New Millennium, Robert A. Brymer, A.J Singh

Hospitality Review

The top priorities of 170 hotel managers from 25 countries were identified as human capital, understanding customers, use of capital, alignment of stakeholder interests, use of information technology, and valuing brands in a Cornell University study.' The authors discuss how managers in a hotel's functional departments are ultimately responsible for addressing each of these concerns and issues.


Some International Benchmarks For Evaluating Australian Health And Medical Research, Samuel Garrett-Jones, Brian Wixted, Tim Turpin Jan 2004

Some International Benchmarks For Evaluating Australian Health And Medical Research, Samuel Garrett-Jones, Brian Wixted, Tim Turpin

Faculty of Commerce - Papers (Archive)

Recent experience in Australia has seen the requirement by the federal Department of Finance and Administration to conduct output pricing reviews of government agencies including research organisations. Health and medical research, while generally regarded as an important ‘public good’, is now pressed by the same demands as other research fields to account for public investments in terms of value of outcomes and value for investment. This paper reports on current trends towards international benchmarking of health and medical research performance. Comparative data from overseas show unique aspects of the Australian health and medical research funding system. The paper suggests possible …


Science For Life: An Evaluation Of New Zealand's Health Research Investment System Based On International Benchmarks, Samuel Garrett-Jones, Tim Turpin, Brian Wixted Jan 2004

Science For Life: An Evaluation Of New Zealand's Health Research Investment System Based On International Benchmarks, Samuel Garrett-Jones, Tim Turpin, Brian Wixted

Faculty of Commerce - Papers (Archive)

During the past decade there have been major developments in the way that research investments have been monitored and evaluated. While there are differences in the ways governments fund research around the world, and a diversity of approaches to evaluation, there are a number of common themes that can be observed in national experiences. As the importance of evaluation increases, the gap between current practice and best practice becomes more significant, and the need for comparative study and methods development grows. Current international ‘better-practice’ approaches to research evaluation and performance indicators reflect two important considerations. First, they make a clear …


Two Developing Countries With Two Different Economic Results: A Comparative Study Of Thailand & Morocco, Debora J. Gillard Jan 2004

Two Developing Countries With Two Different Economic Results: A Comparative Study Of Thailand & Morocco, Debora J. Gillard

Journal of International Technology and Information Management

After visiting Thailand in 1996 and Morocco in 2001, it was very evident that these two countries had many similarities. Both countries are ruled by monarchs, both are developing countries, and both have overcome many adversities. However, today we find these two countries are very different in their involvement in the global community and in their local economic development. This paper is a study of similarities and differences in the development of Thailand and Morocco which has resulted in the current economic status.