Department of Business Administration, Faculty of Business, Dokuz Eylul University, Tinaztepe Kampusu 35160, Izmir, Turkey

In recent years, Chinese policy makers have tried to balance development in different regions of the country by relocating industrial production from prosperous zones to less developed areas. However, this type of industrial relocation is usually accompanied by the transfer of pollution...

Rammed earth construction is an ancient technique which has recently attracted renewed interest throughout the world. Although rammed earth is currently regarded as a promising material in the construction industry in the context of sustainable development, it is difficult to quantify its...

In this paper we investigate the impact of institutional ownership on UK mergers and acquisitions. We employ a comprehensive sample of M&As conducted by UK acquirers from 2000 to 2010, thus including a full cycle of peak and trough in M&A waves. We find that institutional investors increase the...

In this paper, we consider a supply chain which consists of a single manufacturer and a single retailer with a single product type. Demand is assumed to be dependent on the retailer's stock level. Without coordination, the retailer determines its order quantity to maximize its own profit, which...

In this paper, we follow Jegadeesh and Titman's (1993, Journal of Finance) approach to examine 25 momentum/contrarian trading strategies using monthly stock returns in China for the period from 1994 to 2007. Our results suggest that there is no momentum profitability in any of the 25 strategies....

From the perspective of corporate financial accounting, we examine empirically the impact of corporate financial factors on the voluntary disclosure of environmental information. Using a sample of 138 chemical industry listed companies in China, we find that more companies disclose environment...

We explore the intertemporal relation between the conditional mean and the conditional variance of the industry portfolio returns and Fama-French 25 Size/Book-to-Market portfolio returns in Australia using a bivariate generalized autoregressive conditional heteroskedasticity (GARCH) model. We...