This paper is a theoretical review in an attempt to answer the query regarding trans-generational succession among small, medium sized, and large enterprise (SME). The theoretical review begins with Rational Expectation Theory to explain the risk of failed succession; the decision process under...

This paper introduces a new concept of distribution called circular distribution. The total area of the circle is defined as the distribution density of the binomial probability which consists of . This probabilistic sum is assumed to be equal to , the area of a unit circle. In a binomial...

There have been many discussions about sustained growth. However, no quantitative model has been created for sustained growth. This paper is the first of its kind to propose a mathematical model to defined sustained growth. The data from ten countries in the ASEAN have been used to test and...

Three models are presented: AR (autoregressive), MA (moving average) and ARMA (autoregressive moving average) are common models used in time series forecasting. These three models are the various definition of each element of the General Linear Model: Y = a + b + c. For the study of linear...

In order to discuss nonlinear, it is necessary to know linear regressive as a priori. Without simple regression as the starting point, it would be difficult to understand nonlinear regression. In words, in order to understand the curve and the behavior of a curve, it is necessary to known a...

The objective of this paper is to provide a practical tool for stock price evaluation and forecasting under Extreme Value Theory (EVT). Three existing models are reviewed; these models include: Mordern Portfolio Theory, Black-Scholes, and Jarrow-Rudd models. It was found that these models may not...

The objective of this paper is to determine the level intent to engage in eBusiness among university students. This issue is of interests to stakeholders because they allow stakeholders to better plan and manage eBusiness platform and operations. A mixed population of thai and Non-Thai students...

This paper presents a situation analysis for a development policy called Thailand 4.0. Thailand 4.0 aims to achieve economic prosperity, social well-being, human values and environmental protection. Two research questions are presented. Firstly, does Thailand have characteristics of a developed...

The objective of this paper is to present a case study of customer loyalty involving food services in a university canteen. The purpose is to provide a practical tool for modeling customer loyalty by using logistic function. Prior literature employed linear equation to model customer loyalty....