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This article integrates the concept of inertia into a tourism context to understand how repeat visitors act and make revisit decisions. Moderating effect of zone of tolerance (ZOT), switching barriers (SWI) and external opportunity (OPP) on the sequential development of inertial behavior was...
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Purpose: Thailand has served as a major outbound tourist destination for Chinese tourists for decades. Behaviours demonstrated by Chinese tourists in Thailand are believed to have created an image of Chinese outbound tourists among the residents and have impacted on the sustainability of Thai...
Persistent link: https://www.econbiz.de/10012280264
Purpose: COVID-19 has severely affected urban and rural tourism in China, which has been extensively reported in the newspapers. This paper aims to discuss the impact of COVID-19 on urban and rural tourism at each critical juncture of the COVID-19 pandemic, as well as the studies, measures and...
Persistent link: https://www.econbiz.de/10012542087
Certain corporate transactions (eg. insider purchases and buyback announcements) are known to be robust predictors of firm-level returns. However, I empirically show equity analysts largely ignore such informative, yet subtle, signals of stocks they cover. A trading strategy that follows...
Persistent link: https://www.econbiz.de/10013090296
We develop a structural credit risk model to examine how the interactions of liquidity and default risk affect corporate bond pricing. By explicitly modeling debt rollover and by endogenizing the holding costs via collateralized financing, our model generates rich links between liquidity risk...
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