Many developing nations are in transition from non-renewable to renewable energy in electricity generation. This research analyzes this type of changing investment environment for renewable energy projects such as wind farms and solar-thermal plants with the application of real options theory....

The purpose of this study is to examine how businesses confront lack of market institutions when entering an emerging market and building and implementing a business model to realize a corporate business strategy, in addition to how those businesses respond to the lack and establish competitive...

We explored how fairness perceptions of HR practices affect job satisfaction among Asian managers of MNC subsidiaries, controlling age, gender, job tenure, previous work experiences, and management positions. Our fairness study focus described the effect of procedural justice and that of the...

The marketable permits systems have been widely suggested as a potential solution for environmental problems. A critical feature in the market is that an agent can be both sellers and buyers of permits, so-called "trader settings." Although properties 10 of the marketable permits in non-trader...

This paper studies the role of extensive and intensive margins of labor adjustment overbusiness cycle in Japan. We find that the intensive margin accounts for much of total hours worked variation, and its contribution to the fluctuation of total hours worked is about 77%. This result is in sharp...

The primary purpose of this study is to explore how to apply a return on investment (ROI) technique for evaluate training programs of public sectors according to the training evaluation paradigm proposed by Phillips. In line with his paradigm, we also examined the effect of training programs on...