VOLUME 6(4) • 2011
MOMENTUM ANOMALY IN EMERGING STOCK MARKETS: SOME EMPIRICAL EVIDENCE FROM THE COLOMBO STOCK EXCHANGE
ABSTRACT. This paper provides empirical evidence for the existence of a momentum anomaly on the Colombo Stock Exchange (CSE) during the period January 1992 to December 2007. The results indicate that the momentum effect on the CSE is positive and significant on average for all the four strategies ap..
THE INFLUENCE OF SCIENTIFIC ARTICLES ON THE ACCUMULATION OF KNOWLEDGE
ABSTRACT. The purpose of this paper is to gain a deeper understanding of the nexus between the exponential increase in research productivity, the use of citation counts as a measure of scientific impact, the ethics of research, and the extent to which research is manipulative. The theory that we sha..
TRANSNATIONAL CORPORATIONS, INTERNATIONAL LAW, AND HUMAN RIGHTS
ABSTRACT. The theory that we shall seek to elaborate here puts considerable emphasis on the increasing levels of power and influence of TNCs within the global economy, the position and role of corporations in international law, the decentralized nature of the international legal order, and the exten..
CHINA’S SPECIAL ECONOMIC ZONES AND THE CURRENT GLOBAL ECONOMIC DOWNTURN
ABSTRACT. In this paper we are particularly interested in exploring China’s increasing economic integration with Africa, the importance of the innovations launched in Shenzhen for the entire country, and China’s place as one of the major economic powers. The results of the current study converge wit..
THE RATIONAL FOUNDATIONS OF BUREAUCRATIC BEHAVIOR
ABSTRACT. In the present paper, I focus on the significance of bureaucratic administration to modern governance, the significance of bureaucratic rulemaking, and the nature of the relationship between contemporary bureaucracy and democracy. The current study has extended past research by elucidating..
AN INTERNATIONAL PERSPECTIVE ON THE METHODS AND PRACTICES OF STUDENT LOANS: ITS IMPLICATIONS FOR INDIA
ABSTRACT. Student loans are increasingly viewed as an important method of financing higher education in both industrialized and developing countries. The pattern in the methods and practices of student loans in about more than 50 student loan programs is examined by considering the major parameters ..
AN ANALYSIS ON POLITICAL RISKS AND THE FLOW OF FOREIGN DIRECT INVESTMENT IN DEVELOPING AND INDUSTRIALIZED ECONOMIES
ABSTRACT. Do political risks discourage Foreign Direct Investment (FDI) in both developing and developed economies in a similar manner? In this paper, we examine whether and in what manner political risk affects FDI and compare its different effects in developing and developed economies. Using the 1..
HOW DO HIGH-GROWTH FIRMS GROW? EVIDENCE FROM CAMBRIDGE, UK
ABSTRACT. This study quantifies the incidence and influence of rapid growth among firms in a high technology milieu. We draw on evidence from a longitudinal database of technology firms in Cambridge UK. Resource configurations and the entrepreneurial matching of resources to opportunities are addres..
TOWARD A LIBERTARIAN THEORY OF CHARITABLE DONATIONS TO CRIMINALS, GOVERNMENTS
ABSTRACT. Libertarianism is the political philosophy according to which it is illegitimate, and thus a punishable crime, to initiation violence against another person or his private property. But what about donating money to criminals? Is this, too, to be considered criminal behavior under libertari..
DOES BUREAUCRACY WORK IN THE PUBLIC INTEREST?
ABSTRACT. The theory that I shall seek to elaborate here puts considerable emphasis on the quality of bureaucratic performance and capitalist economic development, the role of state bureaucratic performance for economic growth and development, democracy’s strength alongside legitimacy, and the suppo..