Studies have shown that, under equally-weighted portfolio returns, dividend-yield strategies often exhibit anomalies in U.S. and European markets. However, Fama (1998) argued that long-term abnormal returns would disappear or shrink considerably if value-weighted returns are adopted. This study...

Asian business has undergone substantial changes with the emergence of China. This paper aims at describing general trends in China business strategies being sought and followed by the Japanese multinationals in the electronics industry based on the authorfs practical business experiences with...