We investigate the influence of exchange rate regimes on the foreign exchange exposure of emerging market firms. Using a sample of 1523 firms from 20 countries for the period December 1999 to December 2010, we find that about half of the firms are significantly exposed to exchange rate...

Based on the traditional regenerative braking electrical circuit, a novel energy recovery system for the main and auxiliary sources of electric vehicles (EVs) has been developed to improve their energy efficiency. The electrical circuit topology is presented in detail. During regenerative...

Purpose: In explaining ethno-territorial conflicts, leadership preferences have an odd status. In case studies, leadership preferences are often viewed as highly significant causes but are not usually defined and measured explicitly. In large-sample statistical studies, leadership preferences...

In most large cities, the taxi industry is subject to various types of regulation, such as entry restrictions and price controls, and economists have examined the economic consequences of such regulation extensively. Unfortunately, in conventional economic analyses of competition and regulation...

This paper investigates the profitability of momentum investment strategy and the predictive power of trading volume for equities listed in the Australian Stock Exchange. Recent research finds that momentum and trading volume appear to predict subsequent returns in U.S. market and past volume...

Purpose -The purpose of this paper is to investigate the profitability of momentum investment strategy and the predictive power of trading volume for equities listed in the Australian Stock Exchange. Design/methodology/approach -Following the Lee and Swaminathan's approach, portfolios on past...

The paper examines diaspora investments in China and India, compared to investments made by Western MNCs, to demonstrate the unique policy role of ethnic investors. In China, ethnic capital (EDI) holds a significant share of incoming FDI, a phenomenon having been noted insufficiently. When EDI...

In 1991, the year when the Cold War ended, Saskia Sassen observed that "the geography and composition of the global economy has changed so as to produce a complex duality: a spatially dispersed, yet globally integrated organization of economic activities." She finds that "the combination of...