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The use of GARCH models with stable Paretian innovations in financial modeling has been recently suggested in the literature. This class of processes is attractive because it allows for conditional skewness and leptokurtosis of financial returns without ruling out normality. This contribution...
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This study does not support the generally accepted theory that transnational corporations (TNCs) use different criteria … to evaluate managers based on their location (host or home country). If it is assumed that a major TNC strategy is to … the desired outcome. Current theory does not address the more global view of the TNC where subsidiaries act in concert to …
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