In order to cater to the different risks and return preferences of investors, various types of funds have been set up, which are usually classified in accordance with the stated objectives found in their prospectuses. This study examines the consistency (or inconsistency) of the local...

This paper looks at the business drivers facing European companies and the way these drivers are changing their use of telecommunications. The findings are based on Ovum’s European Telecommunications Users Panel. This consists of over 100 international and multinational companies...

The objective of this study is to evaluate the performance of the funds in Singapore. A number of theoretical issues concerning the propriety of using the Sharpe Index as the performance measure are discussed. This study attempts to evaluate not only the funds’ performance over the entire...

The importance of new ventures in the economic process is well established and many governments embark on programs designed to stimulate new businesses start-ups in the belief that increasing the number of new businesses will have a positive impact. Much effort is expended in trying to reduce...

This paper presents a theory that is appropriate for evaluating the quality of differentiated products. The model is used to evaluate the products of the Japanese motorcycle manufacturers.

The economic rationale for government intervention in a market economy has traditionally been provided by the theory of market failure. This article reviews the market failure paradigm in the light of the more recent literature on government failure. One implication of the theory of government...