The LAD estimator of the vector parameter in a linear regression is defined by minimizing the sum of the absolute values of the residuals. This paper provides a direct proof of asymptotic normality for the LAD estimator. The main theorem assumes deterministic carriers. The extension to random...

The creation of a new joint venture, involving Scottish and Thai partner organisations, is analysed with regard to the initial setting up of collaborative operations and a pre-implementation programme of knowledge transfer in the context of economic uncertainty. The study concludes that, in...

The introduction of the Closer Economic Partnership Arrangement (CEPA) at the beginning of 2004 and, more recently, CEPA-2 has provided a framework for increased business development in the Pearl River Delta area of China and the Special Administrative Regions of Macau and Hong Kong. In...

This paper shows how the modern machinery for generating abstract empirical central limit theorems can be applied to arrays of dependent variables. It develops a bracketing approximation based on a moment inequality for sums of strong mixing arrays, in an effort to illustrate the sorts of...

Purpose – The purpose of this paper is to explore the nature and contents of Islamic management practices and their consequent implications for human resource management (HRM) in Arab countries. In addition, it aims to examine the implications for multinational companies (MNCs) operating in...

Investigates whether the recent emphasis on persuading employers to abandon ageist attitudes and appoint or promote on merit, irrespective of the applicant’s age, has been justified by comparing the results of the 1992 Institute of Personnel Management survey with those from 221...

Purpose – The aim of this exploratory paper is to consider the strategic importance of crisis management and integration of crisis planning with the organisation's strategy processes, in particular the utilisation of scenario planning as a crisis planning activity. Design/methodology/approach...