This research offers an alternative of stock liquidity measurement using average value of ask/bid (AVA/AVB) adjusted its average inter arrival rate in Jakarta Stocks Exchange (JSX) with daily transaction data from March 2006 until August 2006. Base on the measurement from this empirical study,...

This paper examines alternative Intellectual Capital (IC) investment policies in a dynamically complex system in order to explain differences in firm performance. The analysis is supported through the use of a System Dynamics (SD) simulation model. This paper is based on the hypothesis that in...