Purpose – A number of studies have examined the convergence in European real estate markets and find that convergence is time‐varying. Additionally, the returns of some countries, notably the UK, are as equally, if not more, influenced by the real estate returns in the USA than those in...

Purpose – The purpose of the paper is to analyze how the choice of entity‐level investment criteria (net present value, or accounting rate of return) and negotiation terms (redistribution mechanisms for costs and assets) affect each entity's willingness to participate in supply chain...

Purpose – This paper aims to examine the impact of crude oil prices on Australian industry stock returns. With rising energy prices, it is important to consider oil as a pricing factor in asset pricing models. Design/methodology/approach – Multifactor static and dynamic models consider crude...

Purpose – This paper aims to provide a critical review of the literature on the rate of return risk faced by Islamic banks. Design/methodology/approach – Through a thorough review of the literature, this paper presents the discussion among scholars regarding the rate of return risk in...

Purpose – This paper aims to provide a new approach to evaluate intellectual property (IP) and uses a cautious view of how volatility impacts the economic value of IPs. Design/methodology/approach – Real option is a useful tool for valuing investments under uncertainty and if it is applied...

Purpose – The expected rate of return for individual firms is determined by multiple firm‐specific factors. There is no evidence on how firm life cycle contributes to the determination of the expected rate of return. This study explores how life cycle stage affects the expected rate of...

Purpose – The purpose of this paper is to examine the relative and incremental information content of a cash recovery‐based measure of performance, the estimated internal rate of return, vs an earnings‐based measure of performance, return on assets, in explaining firms' economic...

Purpose – The purpose of this paper is to examine asset class cross‐autocorrelations at the macro‐level by exploring the return associations among mutual fund asset classes. The low transactions costs of trading mutual funds make this extension important since informed traders can...