Tremendous efforts are spent and numerous approaches are developed for predicting business failures. However, none of the existing approaches is dominant with respect to the accuracy and reliability of the prediction outcome. Contradictory prediction results are often present when different...

Tremendous efforts are spent and numerous approaches are developed for predicting business failures. However, none of the existing approaches is dominant with respect to the accuracy and reliability of the prediction outcome. Contradictory prediction results are often present when different...

The purpose of this paper is to examine both the volatility and beta patterns of thirteen sub-indices on the Australian Stock Exchange using daily data over the period June 1992 and June 2001. The sub-indices considered include the ASX20 Leaders. ASX200. ASX'OO. All Industrials. All Resources....

Purpose - The purpose of this paper is to provide some insights into the exchange rate exposure of Australian stock returns. Design/methodology/approach - Using a dynamic econometric approach that allows for both asymmetry and time-varying risk exposures in both the exchange rate variable and...

A pilot study has been conducted to investigate the interest by international postal organisations in a 'knowledge base' containing case studies of innovations in postal services, to be delivered by the industry's governing body, the Universal Postal Union (UPU).The study analysed the current...

Prior to President de Klerk's historic announcement on February 2 1990 of fundamental political change, South Africa was the subject of extreme economic and political isolation. As a result of this announcement, it would be expected that South Africa's financial markets transformed from a state...