Based on a literature review, this paper investigates the reasons why broad money demand has usually been found to be more stable in the euro area than in other large economies. The paper concludes that there are three main explanations for this fact. First, in some countries outside the euro...

Over the past decades, cross-border financial flows have increased in importance and have in many occasions exceeded the underlying current account positions. This phenomenon has been accompanied by an increase in the volume of international equity transactions that accentuate the role of...

This paper analyzes cooperation between sovereign national authorities in the supervision and regulation of a multinational bank. We take a political economy approach to regulation and assume that supervisors maximize the welfare of their own country. The communication between the supervisors is...

Trust in intellectual capital has become an increasingly important factor. External trust such as trust between business and customer(B to B and B to C), business and supplier, and trust between customer to customer, also internal trust such as trust between employees vertically and horizontally...

Poor capacity, poor quality, low productivity and low profit margins continue tocharacterize the majority of South African construction firms. These shortcomings areattributable to poor cultural practices that are often associated with construction firms. Inan effort to devise strategies...

Business practitioners in South Africa are moving away from competition based on tangible factors and are searching for ways to improve their business performance by developing the intangible factors of business that define their sustainable competitive advantage. Internal marketing is a new...

Purpose – The current study aims to examine the role of international entrepreneurship and innovation in small to medium-sized enterprise (SME) internationalisation, also touching on the role of the firm size as a proxy of resources in the SME internationalisation process. The study seeks to...

This empirical research paper draws evidence from a database of UK independent private companies (n=250) and reports on the financial aspirations of owner-managers of family firms with respect to the flotation route. Following a brief review of the literature, the paper proceeds with an...

During the last two decades, organisations in developed countries have tried different management approaches to improve their business performance, although these approaches have not always been successful. Mostly, these approachess uch as Total Quality Management (TQM), Business Process...