This study aims to investigate the existence of long memory in the Malaysian stock market utilizing daily stock price index from the period 1998:09 to 2009:12. Various ARFIMA-G(ARCH)-type models have been taken into consideration to address this issue, which has led to several interesting...

Purpose – The purpose of this study is to delineate the factors influencing the use of financial derivatives by non-financial firms in managing their exchange rate exposure. In total, 219 non-financial firms are surveyed in regard to their financial hedging decision. Design/methodolgy/approach...

The Handbook of Behavioral Finance is a comprehensive, topical and concise source of cutting-edge research on recent developments in behavioral finance.

As a complex method for manufacturing and development, concurrent engineering has been studied and implemented extensively in the manufacturing industry to speed up production schedules and to reduce costs. One of the tools used in concurrent engineering is computer-aided design or CAD in short....

This study applies a threshold autoregressive (TAR) model to monthly stock prices for three South Asian countries over the period from 1991:01 to 2009:09. Two main conclusions are drawn. Firstly, the results indicate that all the stock prices in this study exhibit non-linear behavior. Secondly,...

This study assesses empirically the effects of monetary policy on four ASEAN economies in different states. The idea of asymmetry is being examined by using the relatively popular technique of non-linear modeling—Hamilton's Markov regime-switching model. The findings confirmed the existence of...

This study examines the dual long memory properties in Malaysian stock market during bull and bear periods for the period 1993:10 to 2009:12. Both semi-parametric and ARFIMA-FIGARCH models are applied for the diagnosis of long memory. The study finds no evidence of long memory for stock returns....

This study applies a threshold autoregressive (TAR) model to monthly stock prices for three South Asian countries over the period from 1991:01 to 2009:09. Two main conclusions are drawn. Firstly, the results indicate that all the stock prices in this study exhibit non-linear behavior. Secondly,...

This study highlights the importance of choice of exchange rate system to macroeconomic stability of small-open emerging economies based on the outcomes of the recent exchange rate regime switches of three Asian countries - Indonesia, Malaysia, and Thailand. These countries have high...

Purpose – The purpose of this paper is to identify the relationships between risk management committee characteristics and risk taking of the Malaysia's insurance companies, from 2003-2011. The paper aims to examine three identified characteristics of a risk management committee, namely, size,...