Purpose–The purpose of this paper is to examine the market reactions and its determinants of the releasing of restricted non-tradable shares and to provide some useful information for the coming releasing peak of IPO-restricted shares in China. Design/methodology/approach–The paper employs...

The emergence of high-tech industries has created great interest in research on the firm's technological capabilities. This dissertation contributes to this line of research by empirically examining how the firm's technological capabilities influence its strategies, and how strategies are...

This study seeks to advance and test the knowledge-based theory of the firm as it applies to explaining the governance structure of R&D alliances. Unlike transaction-cost economics, the knowledge-based theory attempts to explain organizational form not primarily in terms of incentive...

This paper attempts to investigate the time-varying causal dynamics between China's money and output by using a Markov switching causality approach. Unlike the pre-specified break points and rolling-window methods, the Markov switching causality approach can capture the time-varying causality...

Tests of social support theory have relied on aggregate crime rates as the outcome of interest, but such a focus ignores the potentially important macro-level processes and effects on individual-level behavior We thus perform the first multi-level investigation of social support theory.

The Consumer Sentiment Index (CSI), a leading macroeconomic indicator, reflects consumers' assessments of current financial situations, forecasts consumers' buying behavior, and allows business organizations, such as banks, to capture business opportunities. There is a consensus that the trend...

Using a combination of analytical and numerical methods, the global bifurcations and chaotic dynamics of two non-linearly coupled parametrically excited van der Pol oscillators are investigated in detail. With the aid of the method of multiple scales, the slow flow equations are obtained. Based...