Minimum-cost portfolio insurance is an investment strategy that enables an investor to avoid losses while still capturing gains of a payoff of a portfolio at minimum cost. If derivative markets are complete, then holding a put option in conjunction with the reference portfolio provides...

How much changed regarding the wage employment relationship in Britain between 1979 and 1994, as the government tried to encourage greater wage and employment flexibility? This paper uses settlement group wage contact data to track the evolution of nominal wage settlements over time and examines...

"Armstrong's Handbook of Reward Management Practice is the essential guide to comprehending, developing and implementing effective reward strategies. This updated seventh edition incorporates the latest research and developments within reward management, including the reward implications of...

In a study of 116 Volvo dealers and 146 Ford dealers, attitudes towards the use of information technology as a method of creating competitive advantage were examined. Based on Porter′s work it was hypothesised that in the British market Ford operates as a broad focus cost leader whilst Volvo...