This study investigates the existence of seasonality in Malaysias stock market. The study uses the monthly return data of the Kula Lumpur Stock Exchanges two indices - Composite Index and EMAS Index. After examining the stationarity of the two returns series, we specify a combined time series...

This paper attempts to make a forecast of the growth in private coprorate investment in 1981. Corporate investment is taken to cover gorss capital expenditures of all companies in private and joint sectors. The study also provides a picture of the level and composition of corporate investment in...

In this paper we propose a variable population framework for the study of claims problems and obtain characterizations of the constrained equal award rule using the following properties: envy-freeness, individual rationality from equal division, resource monotonicity and bilateral consistency.

Failure and sickness of small venture during project cycle has received very little attention by the developmental institutions, specialized research institutions and management specialists. Failure and sickness is caused due to problems in pre-operative and operative phases of a project. In...

The main purpose of this paper is to formalise the concept of a compromise function. Subsequently, given a compromise function, we define a voting equilibrium and prove the existence of such an equilibrium. Finally, we close our analysis by showing that under some assumptions a voting...

The purpose of the study was to find out the policy and practice of Indian companies regarding various phases of the capital expenditure planning and control, and to ascertain corporate executives’ opinion on the linkage between the capital budgeting and the corporate strategy. Detailed...

In the present paper, the dynamic aspects of regional variations in the economic growth are examined. Over the three decades of the fifties, sixties and seventies, the growth pattern in different provinces of Canada has undergone significant changes. These changes are more or less in the same...

This article presents a set of measures for evaluating a social development programme such as the non-conventional energy programme. The specific case discussed and evaluated here is that of the solar cooker programme. Subsequently, the attempt is to identify key decision areas and raise some...

A number of dimensions of top management philosophy or style are identified. Management philosophy may be considered risk taking or conservative, technocratic or oriented and seat-of-the-pants methods, participatory or qua-participatory, organic or mechanistic, and coercive or non-coercive....

Role is the central concept in understanding the dynamics of an organization. The concepts of role space (relationship amongst all the roles an individual occupies) and role set (relationship of the role with other significant roles in the organization) are important in understanding role...