This article addresses the antecedents of the anticipatory psychological contract of graduates on the Flemish labour market. The anticipatory psychological contract refers to individuals’ perceptions regarding the conditions of their future employment relationship. Departing from earlier...

This paper presents the report of an investigation of the lifestyle and consumer behaviour of 414 Flemish consumers aged 20 to 75 years. Factor analysis identified several meaningful lifestyle and buying behaviour factors. Consequently, using regression analysis, the relative importance of...

In this paper, we explore the business value of corporate social responsibility. Hitherto, corporate social responsibility is merely conceived as business activities that have a negative effect on the firm’s profit. We argue that social responsibility should not only be considered as costs but...

One of the assumptions in career literature is that lifelong employment is giving way to lifelong employability. Employability refers to the capacity of people to gain and retain work. Gaining work experience and lifelong learning are two possible ways to strengthen one’s position on the...

Loyalty programs have been widely adopted by companies and their customers. A loyalty program is a relational marketing instrument that aims to enhance customer loyalty. However, skepticism exists about the implementation and effectiveness of loyalty programs. This paper studies for whom, when...

In dit artikel bestuderen we het verloop van de loopbanen van globale managers. Tot op heden werd er weinig empirisch onderzoek uitgevoerd naar globale managers en hun loopbaanpaden. Vanuit de persoonlijke visie van globale managers tracht dit artikel een empirische bijdrage te leveren aan dit...

This case article tells the story of the rebirth of CRM at KLM Royal Dutch Airlines since 2002 and its successful liftoff during 2003, for which KLM received Gartner’s 2004 CRM Excellence Award. The Award presents itself as a natural moment of reflection on past CRM achievements and future...

Assuming that asset markets are complete and arbitrage-free, the exchange rate can be expressed in terms of observables in a multicountry, multigood general equilibrium economy. In contrast to existing models of the exchange rate, this general model allows for international differences in...

The distribution function of the present value of a cash fl ow can be approximated by means of a distribution function of a random variable, which is also the present value of a sequence of payments, but has a simpler structure. The corresponding random variable has the same expectation as the...

We consider a continuous-time Markowitz type portfolio problem that consists of minimizing the discounted cost of a given cash-fl ow under the constraint of a restricted Capital at Risk. In a Black-Scholes setting, upper and lower bounds are obtained by means of simple analytical expressions...