Purpose: This paper aims to investigate volatility causality and return contagion on nine international securitized real estate markets by appealing to Markov-switching (MS) regime approach, from July 1992 to June 2014. Design/methodology/approach: An MS causality interaction model (Psaradakis...

Open innovation is key for innovators responding to major problems in the world, including energy, healthcare, water and the environment, and bringing transitions in socio-technical systems near. This paper has a focus on university spin-off companies as a channel of market introduction of new...

The primary contribution of this study is to examine the changes in cross-market relationship in international public property markets from a volatility regime switching perspective from January 1990 to January 2012. We find that global developed public property markets can be adequately...

We propose that independent directors are likely to play a political role in an institutional setting featuring weak investor protection and strong government intervention. Using Chinese data for 2001-2014, we investigate whether the stock price reaction to an independent director's death is...

In this paper, we explore when firms have an incentive to hide (or reveal) their capacity information. We consider two firms that aim to maximize profits over time and face limited capacity. One or both of the firms have private information on their own capacity levels, and they update their...

We study the impact of corporate secretary tenure on the governance quality of Chinese A-share listed firms. Results show that corporate secretary tenure is negatively associated with board meeting frequency, outside director in-meeting dissent and incidence of fraud and lawsuit. Key findings...

We study the impact of corporate secretary tenure on the governance quality of Chinese A-share listed firms. Results show that corporate secretary tenure is negatively associated with board meeting frequency, outside director in-meeting dissent and incidence of fraud and lawsuit. Key findings...

Organizations invest and engage in various process innovation activities to achieve superior operational performance and gain strategic advantage. While research has examined the impacts of such activities on organizational outcomes, few studies have focused on organizational competences that...

Using self-made billionaire entrepreneurs in China as a proxy for large Schumpeterian entrepreneurs, we examine the impact of institutional environment quality on the longevity of such entrepreneurs. We find no evidence that property rights institutions and contracting institutions, which are...