This paper examines the country and industry effects on the cross-sectional variance of firms’ equity return in the Association of Southeast Asian Nations (ASEAN) member countries. Using the model developed by Heston and Rouwenhorst (1994), this article covers five ASEAN countries and ten...

This study reveals the level of overall, individual and pairwise integration among Association of Southeast Asian Nations (ASEAN), China, Japan and Korea (+3 countries) based on the real and financial aspects. The findings are as follows: First, ASEAN +3 countries experience a declining...

The influences of trust and time horizon on the robustness of cooperation have been widely recognized. Nonetheless, separate streams of literature in social science have differentially emphasized these two constructs. The authors examine the conjoint influences of trust and time dimension on...

Managing voluntary cooperative relationships is growing in strategic importance. While some scholars emphasize the importance of fostering interpersonal ties and establishing a long-term perspective, others focus on managing the pattern of payoff to enhance a relationship. We offer a contingency...