Purpose – The purpose of this paper is to discuss three corporate real estate (CRE) perspectives (business, financial and capital market) as well as some potential issues, supported by key research studies and evidence drawn from listed retail companies in the USA, and European and Asian...

Generalizes existing models of credit markets under asymmetric information. The general model accommodates the adverse selection arguments of Stiglitz and Weiss and the favourable selection arguments of de Meza and Webb, and contains their models as special cases. Market equilibrium may exhibit...

Purpose – The purpose of this paper is to examine whether financial analysts are sensitive to voluntary earning disclosures. Design/methodology/approach – The paper is based on a literature review of the relationship between analysts' behaviour and corporate disclosures. It is assumed first...

Purpose – This paper seeks to use empirical evidence to examine the role of Islamic banks' financing on economic performance of selected countries (Malaysia, Indonesia, Bahrain, UAE, Saudi Arabia, Egypt, Kuwait, Qatar and Yemen). Design/methodology/approach – Using quarterly data...

States that total logistics costs in many companies can be reduced by as much as 10 per cent as a result of integrated planning, which can have an enormous impact on a company′s profitability, especially in a competitive environment characterized by small profit margins. Integrated logistics...

Purpose – The objective of this study is to shed some light on the information flow between executives and financial analysts in the context of manufacturing performance measurement and evaluation. Design/methodology/approach – The predictive value, information availability and frequency of...

Purpose – The purpose of this research is to investigate whether inclusion of risk assessment variables in the multiple discriminant analysis (MDA) model improved the banks ability in making correct customer classification, predict firm's performance and credit risk assessment....

Purpose – This paper aims to statistically model the serial dependence in the first and second moments of a univariate time series using copulas, bridging the gap between theory and applications, which are the focus of risk managers. Design/methodology/approach – The appealing feature of the...

Purpose – The purpose of this paper is to clarify the concept of bubble, what it means to explain a bubble and propose a list of bubble indicators. Design/methodology/approach – The paper is based on a literature review and some philosophical ideas to derive conclusions for the problems...

Purpose – Beijing and Shanghai have been the leading housing markets in urban China. In the late half of the 2000s, both metropolises experienced a pronounced process of housing price appreciation. The purpose of this paper is to examine whether there exist housing price bubbles in the two...