Enquires into the link between the Tokyo and New York equity markets. Finds that the link between the two markets strengthens at some times and weakens at others. Staggering business cycles and the breaking of global co‐operation are two plausible explanations of the weakening of the links...

Explanations of union growth and decline are generally linked to trends in the business cycle which are reflected primarily in prices, wages and unemployment – an example of this approach is the Bain and Elsheikh model – explanations not entirely appropriate in a country with a developing...

Purpose – The purpose of this paper is to investigate the effect of macroeconomic factors in income growth, as defined by IS‐LM, and the relation between these factors and economic cycles. More precisely, the paper aims to investigate how the demand and supply factors affect income growth,...

Purpose – The purpose of this paper is to investigate the relationship between loan default and loss given default (LGD) in an agricultural loan portfolio. The analysis employs a simulation model approach to evaluate the role that systematic and non‐systematic risks play in determining the...

Purpose – This exploratory study seeks to bridge a gap in the literature by exploring the life cycle‐strategy relationship to discover the preferred strategy for high and low performing firms in four of the five stages of the organizational life cycle. Design/methodology/approach – In...