Proposes that far more attention needs to be given to the evaluation of managerial training and development expenditures (MTDEs) to ensure that they represent an adequate return on corporate investment expenditure. Suggests that internal auditors are currently much better equipped than human...

Richard Berner is a Managing Director and Chief US Economist at Morgan Stanley. He directs the firm’s forecasting and analysis of the US economy and financial markets. Before joining Morgan Stanley in 1999, Richard Berner was Executive Vice President and Chief Economist at Mellon Bank, and a...

Purpose – Reviews a case study of new sub‐brand CASA by Lodha in India. Design/methodology/approach – Case study. Findings – Lodha is a luxury real estate company in India. Since its inception in 1980, the strategy has been to cater to the most affluent people in Indian society, a...

Purpose – The paper aims to determine if a country's Economic Freedom Index value has any relationship to the return of the related country specific exchange traded fund. Design/methodology/approach – A total of 36 country specific exchange traded funds were selected for use in this study....

Purpose – The purpose of this paper is to provide evidence in support of incentive and retention-based explanations for backdating. Design/methodology/approach – The authors use matching-firm techniques and the bivariate logistic model. Findings – Backdating firms tend to be younger and...

Purpose – The authors aim to analyze whether the results of the 1980 to 2008 US presidential elections influence the stock market performance of eight industries and they seek to examine factors that are expected to affect firms' stock returns around these elections. Their empirical analysis...

Gives an eye‐witness account of how training and management development policies are put into practice in Chinese state‐owned enterprises. Makes observations on how training is perceived and implemented in a period of rapid economic change. Also discusses the contribution that western...