The Islamic economic system is a theoretical construct of an economy whose members follow the Islamic faith. The core of Islamic economics rests on theological foundations – social welfare is valued above material gain and heavy emphasis is placed on a strong belief in and faithful obedience...

This study examines the business community of Charleston, South Carolina following Hurricane Hugo. The objectives of this study are (1) to determine if, after experiencing an actual catastrophe, a significant number of firms either purchased or increased Business Interruption and/or Extra...

Kahneman and Tversky proved that the preference of regular insurance over probabilistic insurance by expected utility maximizers was inconsistent with the risk-aversion hypothesis given the intuitive riskiness of the probabilistic insurance game. This note considers the idea of costly...

Explores the relationship between leadership style and post‐merger satisfaction, noting from the results that leadership style is significantly related to merger satisfaction for both acquiring and acquired firm employees, but that effective leadership style profiles vary for these two groups...

The Middle East has been overlooked by American companies as a region in which to explore market opportunities. Suggests that this is largely due to ignorance of, and bias towards, the culture and politics of the Middle East. Discusses aspects of Middle East culture and situational determinants...

Unless the question of decision making is encouraged disasters can occur. Several examples of bad decisions which have been compounded by a lack of dissent are outlined – from President Reagan′s “Irangate” scandal to the Ford Pinto to Coca‐Cola′s failed “New Coke”. Eight...