Panel unit root tests of real exchange rates as opposed to univariate tests usually reject non-stationarity. These tests, however, could be biased if the real exchange rate contained MA roots. Indeed, two independent arguments claim that the real exchange rate, being a sum of a stationary and a...

This empirical study aims to examine the influence of transformational leadership at the upper echelon level on radical and incremental product innovations as well as organisational performance. In particular the focus of this study is to test the augmentation hypothesis, which suggests that...