Showing 1 - 9 of 9
Purpose The purpose of this study is to create a value variation measurement model to define the relationship among various roles in resource management within a service system; and divide value creation into two states (i.e. cocreation and codestruction) and use them as crucial indicators for...
Persistent link: https://www.econbiz.de/10014844727
Purpose – Bounce-back effect of stock market returns has been found empirically using different approaches. However, few paper explains the underlying mechanism. The paper aims to discuss these issues. Design/methodology/approach – This paper fills this gap and provides an explanation for...
Persistent link: https://www.econbiz.de/10014694591
empirical data. Our results suggest that the speculation hypothesis has more explanatory power than the productivity hypothesis …
Persistent link: https://www.econbiz.de/10014588447
Summary Over the last few years, rising prices and increasing price volatility of major agricultural food commodities were observed. This caused a debate among various organizations about who is responsible for this development. While many Non-Governmental Organizations proclaim that...
Persistent link: https://www.econbiz.de/10014609549
does not exist, deferment in the both counter values, gharar or ambiguity and excessive risk taking, pure speculation and …
Persistent link: https://www.econbiz.de/10014782141
Purpose – The purpose of this paper is to explain the theory of speculation to corporate executives. It is important … excess speculation is always the primary cause of all bubbles, it is mandatory that corporate executives understand the … basics of speculation theory. Design/methodology/approach – The paper uses the case of Southwest Airlines to illustrate how …
Persistent link: https://www.econbiz.de/10014882885
Purpose – This paper aims to provide an overview of the market for corporate and sovereign credit default swaps (CDS), with particular focus on Europe. It studies whether the subprime crisis of 2007/2008 and, particularly, the European debt crisis 2009/2010 led to a differential development on...
Persistent link: https://www.econbiz.de/10014901981
Purpose – The purpose of this paper is to investigate a unique sample of lottery-like stocks and contextualize their short-run price behavior with respect to behavioral principles. Design/methodology/approach – The authors conduct a short-run event-study of the abnormal returns for stock...
Persistent link: https://www.econbiz.de/10014990212
Purpose – The purpose of this paper is to investigate the extent to which multilateral banks (MBs) use currency derivatives (CDs) to hedge and speculate in managing currency risk. It aims to provide an empirical assessment of CDs products used by MBs as a group not studied before....
Persistent link: https://www.econbiz.de/10014952838