Long-term Association of Stock Markets of Different Nations: An Empirical Study

2013 ◽  
Vol 17 (4) ◽  
pp. 303-313 ◽  
Author(s):  
Shailesh Rastogi
Keyword(s):  
Empirical Study ◽  
Stock Markets

scholarly journals Testing for Shift-Contagion Vulnerability Among MENA Stock Markets During the Turkish Financial Crisis

2018 ◽  
Vol 6 (1) ◽  
pp. 53
Author(s):  
Osama M Badr ◽  
Wajih Khallouli
Keyword(s):  
Financial Crisis ◽  
Middle East ◽  
Stock Market ◽  
Empirical Study ◽  
North Africa ◽  
Stock Markets ◽  
Financial Contagion ◽  
Financial Shocks ◽  
High Level

This paper is an empirical study that seeks to determine whether any of the Middle East and North Africa (MENA) stock markets are vulnerable to financial contagion in the wake of the 2001 Turkish crisis. We test the nonlinearity of the mechanisms spreading shocks, estimated with a model of long-term interdependence. Our results provide evidence of a high level of interdependence between MENA stock markets. However, we find that, with the exception of the contamination of Israel’s stock market, there is no longer evidence of shift-contagion in the transmission of financial shocks across MENA stock markets. 

An Empirical Study of Long-Term Unemployment in Australia

1987 ◽  
Vol 5 (1) ◽  
pp. 20-42 ◽  
Author(s):  
P. K. Trivedi ◽  
W. T. Hui
Keyword(s):  
Empirical Study

COMMON FEATURES IN EAST ASIAN STOCK MARKETS: LONG-TERM AND SHORT-TERM COMOVEMENTS BETWEEN CHINA AND KOREA

2013 ◽  
Vol 58 (03) ◽  
pp. 1350018
Author(s):  
HAHN SHIK LEE ◽  
SOO IN KIM
Keyword(s):  
Stock Markets ◽  
East Asian ◽  
International Investment ◽  
Cointegration Analysis ◽  
Chinese Stock Market ◽  
Short Term ◽  
Financial Firms ◽  
Contemporaneous Correlation ◽  
East Asian Stock Markets

As increasing attention has been given in recent literature to the potential of the Chinese financial market, we investigate the strength of shared dynamics among East Asian stock markets, by examining both the long-term and short-term comovements. In doing so, the cointegration analysis is used to assess the long-term relationship, whereas the notions of cofeature as well as contemporaneous correlation are employed to discuss the short-term relationship. The basic finding is that evidence for short-term comovement between the Korean and Chinese stock markets appears to be strong, while evidence for long-term relationship is rather weak. Empirical results from subsamples suggest that both the long-term and short-term relationships have strengthened since the acquisition of QFII qualification by Korean financial firms. These observations indicate that the international linkage between the two countries has strengthened along with increasing opportunities for international investment in the Chinese stock market.

scholarly journals Marketing Ethics and Relationship Marketing - An Empirical Study that Measure the Effect of Ethics Practices Application on Maintaining Relationships with Customers

2016 ◽  
Vol 9 (9) ◽  
pp. 78 ◽  
Author(s):  
Muhammad Alshurideh ◽  
B. H. Al Kurdi ◽  
Anu Vij ◽  
Zaid Obiedat ◽  
Abdallah Naser
Keyword(s):  
Literature Review ◽  
Empirical Study ◽  
Relationship Marketing ◽  
Strong Influence ◽  
Marketing Ethics ◽  
Extensive Literature ◽  
Telecommunication Sector ◽  
Ethical Practices

<p>The purpose of this study is to measure the effect of ethics embedded practices on maintaining long-term relationships with customers. Based on an extensive literature review, four elements of marketing ethics, namely, honesty, autonomy, privacy and transparency were identified and examined by utilizing a sample of 360 participants. Adopting a quantitative approach, the study conducted on telecommunication sector subscribers revealed that the elements of marketing ethics affected an organization’s ability of maintaining long-term relationships with customers and had a strong influence on feedback, transparency and privacy. The results also showed the crucial role of generating feedback from customers for creating and maintaining long-term relationships. The results will enable marketers to not only analyze the importance of adopting ethical practices in their strategies but also the relative relevance of these practices as perceived by customers.</p>

scholarly journals Relation of selected factors of further education in organizations development and profitability of organizations

2019 ◽  
Author(s):  
Pavel Pudil ◽  
Irena Mikova ◽  
Lenka Komarkova ◽  
Vladimir Pribyl
Keyword(s):  
Empirical Study ◽  
Financial Performance ◽  
Talent Management ◽  
Further Education ◽  
Education Evaluation ◽  
Key Factors ◽  
The Czech Republic ◽  
Education Industry ◽  
And Training

Purpose – further education and training play an important role in organizations development. The paper aims to analyze its relation to the financial performance of organizations, particularly to find which factors of further education are significantly related to the organization profitability indicators. Research methodology – it is an empirical study based on 142 profit-oriented organizations operating in the Czech Republic. Multiple median regression was used to investigate the correlation among organization profitability and talent management, long-term strategy, education evaluation, investments into education, industry sector, organization size and its owner. Findings – the results provide evidence that talent management, education evaluation, investments into education are significantly related to the considered profitability indicator ratios (ROA, ROE, ROCE, ROS). Research limitations – follow from the size of the research sample, its extension is planned for the continuation of our research. Practical implications – the results of the research could stimulate organizations to pay more attention to the key factors of further education in their development so as to improve their financial performance. Originality/Value – the authors are not aware of any other empirical study from the post-transformation economies analyzing the relation of further education and the organization´s financial performance. It extends our pilot study presented at ECMLG 2017 in London. The results provide a suggestion for organizations which steps to take in order to gain the most from further education.

scholarly journals Trust Miscalibration Is Sometimes Necessary: An Empirical Study and a Computational Model

2021 ◽  
Vol 12 ◽  
Author(s):  
Michael G. Collins ◽  
Ion Juvina
Keyword(s):  
Empirical Study ◽  
Cognitive Model ◽  
Strategic Interaction ◽  
Dynamic Environments ◽  
General Idea ◽  
Trust Game ◽  
Negative Consequences ◽  
Sustained Success ◽  
Investment Portfolios

The literature on trust seems to have reached a consensus that appropriately calibrated trust in humans or machines is highly desirable; miscalibrated (i.e., over- or under-) trust has been thought to only have negative consequences (i.e., over-reliance or under-utilization). While not invalidating the general idea of trust calibration, a published computational cognitive model of trust in strategic interaction predicts that some local and temporary violations of the trust calibration principle are critical for sustained success in strategic situations characterized by interdependence and uncertainty (e.g., trust game, prisoner’s dilemma, and Hawk-dove). This paper presents empirical and computational modeling work aimed at testing the predictions of under- and over-trust in an extension of the trust game, the multi-arm trust game, that captures some important characteristics of real-world interpersonal and human-machine interactions, such as the ability to choose when and with whom to interact among multiple agents. As predicted by our previous model, we found that, under conditions of increased trust necessity, participants actively reconstructed their trust-investment portfolios by discounting their trust in their previously trusted counterparts and attempting to develop trust with the counterparts that they previously distrusted. We argue that studying these exceptions of the principle of trust calibration might be critical for understanding long-term trust calibration in dynamic environments.

scholarly journals Empirical Study on Enhancing Medical Service Performance with Intellectual Capital through Process Capability

2020 ◽  
pp. 57-63
Author(s):  
Ya-Ping Hu ◽  
Yi-Ming Chiang
Keyword(s):  
Empirical Study ◽  
Intellectual Capital ◽  
Structural Equation ◽  
Medical Service ◽  
Process Capability ◽  
Service Performance ◽  
Equation Modeling ◽  
Modeling Techniques ◽  
Synergistic Relationships

This study investigates the synergistic relationships among intellectual capital, process capability, and medical service performance. An empirical study was conducted by using a second-order research framework. Data were collected through a questionnaire survey, and structural equation modeling techniques were used to analyze the data. An empirical analysis revealed that intellectual capital is a major factor influencing final medical service performance. This major factor should be carefully improved to increase process capability in hospitals in the long term. Hospitals account for a substantial proportion of the intellectual capital in the health-care industry, and, thus, should improve their process capability to achieve high medical service performance.

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