All Outputs (598)

Is there still a weather anomaly? An investigation of stock and foreign exchange markets (2019)
Journal Article
Andrikopoulos, A., Wang, C., & Zheng, M. (2019). Is there still a weather anomaly? An investigation of stock and foreign exchange markets. Finance research letters, 30, 51-59. https://doi.org/10.1016/j.frl.2019.03.026

Since Saunders (1993), there has been ongoing research on whether the weather can affect asset prices. Our study of the impact of weather on stock and foreign exchange (henceforth FX) markets shows that the weather has no effect during 2002–2018, sug... Read More about Is there still a weather anomaly? An investigation of stock and foreign exchange markets.

Bottom-up sentiment and return predictability of the market portfolio (2019)
Journal Article
Guo, J., Li, Y., & Zheng, M. (2019). Bottom-up sentiment and return predictability of the market portfolio. Finance research letters, 29, 57-60. https://doi.org/10.1016/j.frl.2019.03.008

This paper provides strong evidence that market sentiment measured bottom-up from individual-stock sentiment is negatively related to future long-term market returns and is positively correlated with contemporaneous returns.

Globalisation, governance, accountability and the natural resource ‘curse’: Implications for socio-economic growth of oil-rich developing countries (2019)
Journal Article
Adams, D., Adams, K., Ullah, S., & Ullah, F. (2019). Globalisation, governance, accountability and the natural resource ‘curse’: Implications for socio-economic growth of oil-rich developing countries. Resources policy, 61, 128-140. https://doi.org/10.1016/j.resourpol.2019.02.009

Motivated by recent inconclusive debates on the natural resource ‘curse’ phenomenon, this paper reviews studies that have explored the causes and implications of natural resource endowments ‘curse’ within oil-rich developing countries (ODCs). Most of... Read More about Globalisation, governance, accountability and the natural resource ‘curse’: Implications for socio-economic growth of oil-rich developing countries.

Hide-and-Seek in Corporate Disclosure: Evidence from Negative Corporate Incidents (2019)
Journal Article
Rudkin, B., Kimani, D., Ullah, S., Ahmed, R., & Farooq, S. (2019). Hide-and-Seek in Corporate Disclosure: Evidence from Negative Corporate Incidents. Corporate governance, 19(1), 158-175. https://doi.org/10.1108/CG-05-2018-0164

Purpose: This paper scrutinizes the legitimacy tactics employed in the annual reports of UK listed companies after their major corporate scandals. Design/methodology/approach: For a sample consisted of 19 companies that are involved in corporate s... Read More about Hide-and-Seek in Corporate Disclosure: Evidence from Negative Corporate Incidents.

Improving the predictability of the oil–US stock nexus: The role of macroeconomic variables (2019)
Journal Article
Salisu, A. A., Swaray, R., & Oloko, T. F. (2019). Improving the predictability of the oil–US stock nexus: The role of macroeconomic variables. Economic modelling, 76, 153-171. https://doi.org/10.1016/j.econmod.2018.07.029

In this study, we revisit the oil–stock nexus by accounting for the role of macroeconomic variables and testing their in-sample and out-of-sample predictive powers. We follow the approaches of Lewellen (2004) and Westerlund and Narayan (2015), which... Read More about Improving the predictability of the oil–US stock nexus: The role of macroeconomic variables.

Games of Two Halves: Non-Experimental Evidence on Cooperation, Defection and the Prisoner's Dilemma (2018)
Journal Article
Dobson, S., & Goddard, J. (2018). Games of Two Halves: Non-Experimental Evidence on Cooperation, Defection and the Prisoner's Dilemma. Review of Economic Analysis : REA Rimini Centre for Economic Analysis, 10(3), 285-312

We develop a stylized two-period game-theoretic model of the strategic choices made by soccer teams when selecting between defensive and attacking team formations, and between non-violent and violent styles of play. Cooperative behaviour during the e... Read More about Games of Two Halves: Non-Experimental Evidence on Cooperation, Defection and the Prisoner's Dilemma.

A reliability model for assessing corporate governance using machine learning techniques (2018)
Journal Article
Hernandez-Perdomo, E., Guney, Y., & Rocco, C. M. (2019). A reliability model for assessing corporate governance using machine learning techniques. Reliability Engineering and System Safety, 185, 220-231. https://doi.org/10.1016/j.ress.2018.12.027

Corporate governance assesses the efficiency and effectiveness of companies’ operations and decisions to ensure value creation for shareholders and optimal risk taking. As investors’ decision making process largely depends on financial information an... Read More about A reliability model for assessing corporate governance using machine learning techniques.

An empirical analysis of the Taylor rule and its application to monetary policy: a case for the United Kingdom and Euro area (2018)
Journal Article
Bhattarai, K., & Carter, M. (in press). An empirical analysis of the Taylor rule and its application to monetary policy: a case for the United Kingdom and Euro area. Asian Journal of Economics and Empirical Research, 5(2), 173-182. https://doi.org/10.20448/journal.501.2018.52.173.182

This paper analyses the Taylor rule and its application to monetary policy in the United Kingdom and Euro area. The analysis uses a linear regression on quarterly economic data from 1993Q1 to 2017Q4 for the United Kingdom and 2000Q1 to 2016Q4 for the... Read More about An empirical analysis of the Taylor rule and its application to monetary policy: a case for the United Kingdom and Euro area.

The labour market consequences of teenage childbearing (2018)
Journal Article
Silles, M. A. (2019). The labour market consequences of teenage childbearing. Contemporary Economic Policy, 37(4), 694-713. https://doi.org/10.1111/coep.12417

This paper provides estimates of the impact of an unanticipated child during adolescence on labour supply and earnings using data for women who gave birth between 1976 and 2015 drawn from the 1990 and 2000 censuses and the American Community Surveys.... Read More about The labour market consequences of teenage childbearing.

Heterogeneous agent models in financial markets: A nonlinear dynamics approach (2018)
Journal Article
He, X. Z., Li, Y., & Zheng, M. (2019). Heterogeneous agent models in financial markets: A nonlinear dynamics approach. International review of financial analysis, 62, 135-149. https://doi.org/10.1016/j.irfa.2018.11.016

Studies on financial markets have accumulated consistent evidences of stylized facts and anomalies, which can be characterized by stochastic switching among different co-existing market states but yet difficult to reconcile with traditionally rationa... Read More about Heterogeneous agent models in financial markets: A nonlinear dynamics approach.

ISO 9000, activity based costing and organizational performance (2018)
Journal Article
Vetchagool, W., Augustyn, M. M., & Tayles, M. (in press). ISO 9000, activity based costing and organizational performance. Total quality management & business excellence, 1-24. https://doi.org/10.1080/14783363.2018.1549938

This study investigates the potential complementarity between ISO 9000 and Activity Based Costing (ABC). This is undertaken by examining associations between the extent of ISO 9000 implementation and the extent of ABC use and by examining the impact... Read More about ISO 9000, activity based costing and organizational performance.

A new attention proxy and order imbalance: Evidence from China (2018)
Journal Article
Gao, Y., Xiong, X., Feng, X., Li, Y., & Vigne, S. A. (2019). A new attention proxy and order imbalance: Evidence from China. Finance research letters, 29, 411-417. https://doi.org/10.1016/j.frl.2018.11.009

In this paper, we propose a new direct proxy for investors' attention in the Chinese stock market: daily abnormal reading quantity of each stock's posts on the Eastmoney guba website. Using A-shares samples of the Shanghai Stock Exchange, we find tha... Read More about A new attention proxy and order imbalance: Evidence from China.

Education, income and happiness: Panel evidence for the UK (2018)
Journal Article
FitzRoy, F. R., & Nolan, M. A. (in press). Education, income and happiness: Panel evidence for the UK. Empirical economics, https://doi.org/10.1007/s00181-018-1586-5

Using panel data from the BHPS and its Understanding Society extension, we study life satisfaction (LS) and income over nearly two decades, for samples split by education, and age, to our knowledge for the first time. The highly educated went from lo... Read More about Education, income and happiness: Panel evidence for the UK.

Sustainable decisions on product upgrade confrontations with remanufacturing operations (2018)
Journal Article
Sun, L., Zhang, L., & Li, Y. (2018). Sustainable decisions on product upgrade confrontations with remanufacturing operations. Sustainability, 10(11), Article 4090. https://doi.org/10.3390/su10114090

In recent decades, remanufacturing is perceived to be an environmentally friendly option due to the reduced consumption of materials, energy etc. It should be noted that whether the remanufacturing operations are undertaken by the original equipment... Read More about Sustainable decisions on product upgrade confrontations with remanufacturing operations.

What drives vertical fiscal interactions? Evidence from the 1980 Crude Oil Windfall Act (2018)
Journal Article
Perez-Sebastian, F., & Raveh, O. (2018). What drives vertical fiscal interactions? Evidence from the 1980 Crude Oil Windfall Act. Regional Science and Urban Economics, 73, 251-268. https://doi.org/10.1016/j.regsciurbeco.2018.10.004

In economies with multi-level governments, why would a change in the fiscal rule of a government in one level lead to a fiscal response by a government in a different level? The literature focused primarily on the standard common-pool problem, while... Read More about What drives vertical fiscal interactions? Evidence from the 1980 Crude Oil Windfall Act.

High-frequency trading from an evolutionary perspective: Financial markets as adaptive systems (2018)
Journal Article
Manahov, V., Hudson, R., & Urquhart, A. (2018). High-frequency trading from an evolutionary perspective: Financial markets as adaptive systems. International journal of finance & economics : IJFE, 24(2), 943-962. https://doi.org/10.1002/ijfe.1700

The recent rapid growth of algorithmic high-frequency trading strategies makes it a very interesting time to revisit the long-standing debates about the efficiency of stock prices and the best way to model the actions of market participants. To evalu... Read More about High-frequency trading from an evolutionary perspective: Financial markets as adaptive systems.

Servitization as a competitive difference in humanitarian logistics (2018)
Journal Article
Heaslip, G., Kovács, G., & Grant, D. B. (2018). Servitization as a competitive difference in humanitarian logistics. Journal of Humanitarian Logistics and Supply Chain Management, 8(4), 497-517. https://doi.org/10.1108/jhlscm-08-2017-0042

This paper presents a literature review and conceptual consideration of servitization in humanitarian logistics. Its purpose is to provide a research agenda for humanitarian logistics scholars and insight for practitioners and by doing so will fill a... Read More about Servitization as a competitive difference in humanitarian logistics.

The impact of consumer green behaviour on green loyalty among retail formats: a Romanian case study (2018)
Journal Article
Dabija, D.-C., Bejan, B. M., & Grant, D. B. (2018). The impact of consumer green behaviour on green loyalty among retail formats: a Romanian case study. Moravian Geographical Reports, 26(3), 173-185. https://doi.org/10.2478/mgr-2018-0014

Customer loyalty enables companies to outperform competitors and better satisfy customers' needs and desires. People today are increasingly interested in buying green or sustainable products, pursuing responsible consumption, getting involved in envi... Read More about The impact of consumer green behaviour on green loyalty among retail formats: a Romanian case study.

Risk perceptions and risk management approaches of Chinese overseas investors: An empirical investigation (2018)
Journal Article
Ullah, S., Wang, Z., Stokes, P., & Xiao, W. (2019). Risk perceptions and risk management approaches of Chinese overseas investors: An empirical investigation. Research in international business and finance, 47, 470-486. https://doi.org/10.1016/j.ribaf.2018.09.008

This paper presents empirical evidence on how Chinese firms perceive and tackle risks associated with their overseas investments. Using a first-hand survey dataset of Chinese firms who invest abroad, we depict variations in (1) the levels of differen... Read More about Risk perceptions and risk management approaches of Chinese overseas investors: An empirical investigation.

Exploring environmental sustainability and performance of global logistics hubs (2018)
Presentation / Conference Contribution
Shaw, S., Grant, D., Hassan, S., & Creazza, A. (2018, September). Exploring environmental sustainability and performance of global logistics hubs. Presented at Managing business for policy and integrated sustainable logistics operations: Annual LRN conference 2018, Plymouth, UK

Globalization has had different effects on the world since the concept emerged. Globalization impact on supply chains and logistics has revolutionized global trade. It has resulted in new levels of speed, efficiency, effectiveness and endless options... Read More about Exploring environmental sustainability and performance of global logistics hubs.