The law of one price asserts that, with costless trade, prices for identical goods in different countries should be equal after accounting for the exchange rate. The empirical literature suggests that exchange rate pass-through to prices is low and that the law of one price fails; instead, firms...

Many managing directors focus on short-term performance financial related results on the basis that survival can lead to growth and enhanced performance in the longer-term. In addition, managing directors seem to think that financial returns, short-term and long-term performance can be achieved...

In this paper we draw on the theory of dynamic capabilities to examine development of the only surviving family-owned Liverpool shipping company. The Bibby Line was founded in 1807 to take advantage of the growing sea-trade based in Liverpool. The company remained in shipping until the...

This paper examines the assumption that the injection of market discipline and private sector management practices will result in the transformation of public services. The present UK government looks for an opportunity to achieve synergy between the public and private sectors to improve the...

Leadership is widely acknowledged as the key driver of innovation and the achievement of overall organisational performance. In doing so, it draws on both process technologies and the use of management techniques. This paper examines the relationship between leadership, the operating...