This study examines the informativeness of fundamental financial information to three levels of market-to-book (MB) ratio: high MB firms, medium MB firms, and low MB firms. In general, the results indicate that the financial ratios (as co-integrated financial information) are relatively quite...

This paper examines the relationships between the changes in the firm's capital structure and their effects on the firm's market value for three different levels of systematic risk. The underlying assumption of signaling is that when a firm changes its capital structure, its market value might...

The purpose of this paper is to analyze intercultural relations within the European Union, with the 10 new members that have joined in 2004. We define intercultural relations in terms of the difference between the benefits of economic convergence versus the problems of social mobility issues...

The traditional concept of the global triad, which dominates international business, does not incorporate emerging market economies. This paper introduces a different triad based on global corporate governance that includes the Anglo-Saxon, Communitarian, and ‘emerging' business systems. The...

Although Taiwan has become the world's third largestproducer of information technologies, researchers have yet to explore fully thesource of its business success. The focus of this study is the role of publicpolicy and the state in East Asian business systems and in Taiwan inparticular. First,...

Suggests another dimension of research in, and application of, knowledge management. This theoretical paper adopts a conceptual, multi-disciplinary approach. First, knowledge can be stored and transmitted via institutions. Second, knowledge "subnetworks" or smaller groupings within larger...

Non-Governmental Organisations (NGOs) are facing an economic reality of cutbacks in funding. In this sense, their changing role is to create partnerships and strategic alliances with governments as well as with multinational enterprises (MNEs). NGOs have to enter the global membership of...