It is a requirement of the Doctor of Business Administration (DBA) award of the University of Glasgow that the candidate undertakes a research which is relevant to the strategic development of his employing organisation.The overall aim of the DBA thesis is to conduct a critical and strategic...

There is a growing discussion of intellectual capital and the knowledge economy more generally within the accounting literature. This literature, however, has focused narrowly on the considerable discrepancy between book and market values and the inability of traditional accounting concepts and...

As the economy has globalized it has also regionalized leading to the integration of different spaces across different scales. A number of theories contend that the endogenous assets of these locations provide them with the means to compete in this globalizing economy, especially in relation to...

This paper examines the stock market reaction to 402 company investment announcements made by UK companies during the 1991-1996 period. The market-adjusted abnormal returns are generally positive but small. Investment announcements are classified according to functional categories, and we find...

Purpose – The purpose of this paper is to provide guidance within the reference price literature by investigating which is the best measure of reference price for the, as yet, unstudied context of new product categories. The paper also intends to examine another reference price issue for the...

A retail franchisor needs growth capital so that the brand continues to grow and franchisor–franchisee relations remain strong. However, access to corporate liquidity to fund such franchise growth options is not unlimited. A method of raising finance particularly suited to retail franchisors...

Recent writings on globalization have tended to argue that such economic interconnectedness is, in one way or another, geographically delimited. Three competing views appear in the literature, regionalization, triadization and the involutionist perspective. This article challenges the portrayal...

This paper examines several problems involved in modelling the structure of consumer behaviour. A new model of consumer demand is presented which encompasses the indirect translog, the CES and the LES as special cases, enabling nested comparisons to be made. Within this framework we show that...

As dot.com became dot.bomb, the hype that surrounded the meteoric growth of the network economy has given way to realism, or even scepticism, about the potential of ICT as a source of new business models. It is now appropriate to reflect critically on the e-economy hype, and to use this as a way...

Stress testing has become an important topic in retail lending since the introduction of the new Basel II guidelines. The present work uses a scenario-based forecasting approach developed explicitly for retail lending in order to provide a suitable stress testing approach. We first decompose the...