In this article, the authors examine the distribution of the stock returns for the acquiring firm and the corresponding market index. They find that significant non-normal distributions exist in a large number of acquiring firms. The authors use two robust regressions to examine the reliability...

Management literature is replete with cases of companies that use competitive strategies in the markets in which they operate. However, organizational success often depends on other variables, such as political action, which has been neglected in more detailed studies in strategy literature in...

This article explores the tourism migration within the South African context, thereby focusing on the current dynamics, challenges and future prospects. Tourism and migration are significant towards globalisation. Almost all countries have jumped on the tourism bandwagon as a result of the...

Tourism has become a source of activities that generate income, employment, and economic growth for the countries belonging to the Asia Pacific Economic Cooperation Mechanism (APEC). This article analyzes tourism as a regional economic activity that interacts with the environment, causing...

The amount of data generated worldwide has reached unprecedented levels, and its rate of growth continues to increase exponentially. Brought about by rapid advances in information technologies, as well as changes in lifestyles and business strategies, this explosion in the quantity of data has...

This article describes how foreign direct investment in Mongolia has reached 3.9 billion US$ mainly in the mining sector that amounted approximately 40% of the year's GDP. Even though FDI into Mongolia has been grown along with the country's economic development with trade openness to the world,...

In furthering the discussion on the linkage between economic development and culture, this paper attempts to answer the question: “Can a society's culture be transformed to stimulate economic development?” This paper uses Singapore as a case study. It traces the country's restructuring of...