Adequacy of self-assessment of household preparedness for retirement is a vital issue. Whether or not there is, however, a gender difference with self-assessments is an unexplored area. While a tendency exists to over-estimate desirable behaviour or favourable outcomes, results show that...

The use of debt in the stock market is not a new theme, but the determinants of this phenomenon are underexplored. Based on survey data on individual investors in the Vietnam stock market, our results indicate that investment horizons are the key predictors of debt use in the stock market....

While it is understood that differing ethnic groups have differing income and therefore differing capacity to save for retirement, it is not generally recognized that differing genders and ethnic groups do not save the same even if income is equalized. This article contributes to the discussion...

The levels of foreign investment globally have increased at a rapid pace during recent years. However valuing these investments is complex and involves additional risks. We argue that foreign investment opportunities can often be best structured as a series of investment options, and thus the...

It has been a common assumption by the insurance industry world-wide that households are under-insured. We examine new evidence for underinsurance using a comprehensive survey of New Zealand households and full life-cycle needs analysis. This survey is unique internationally in that it also...

International financial markets instability, as exhibited by persistent periodic crises, is a concern for all market participants. This paper presents an alternative theory of financial crises using recent developments in network theory. Simulation is used to apply the theory to short-term...

The hedging of foreign exchange exposure is an important aspect of financial management. This paper examines what firm foreign exchange hedging practices actually are and compares these to firm characteristics, via a comparison of New Zealand firms with US, Asian amp; European studies. Using...

This paper uses two common physics techniques, a minimal spanning tree and an ultrametric hierarchical tree, to extract a topological influence map for major currencies from the ultrametric distance matrix. We find that these two techniques generate a defined and robust scale free network with...

One of the great puzzles of international finance research has been the surprising finding that firm value is only mildly sensitive, if at all, to exchange rate fluctuations. This runs against the conclusions of the standard net discounted cash flow theory. In this article we examine this...

The focus of this research is on the relationship between inter-organisational citizenship behaviour (ICB) and innovation within sport clusters. ICB is defined as discretionary and voluntary behaviour of organisations within a cluster that is not formally rewarded but promotes the functioning of...