VOLUME 10(4) • 2015
THE ECONOMIC VALUE OF SMART CITY TECHNOLOGY
ABSTRACT. This paper aims to analyze and discuss the concept of smart cities, the assemblage of participants, tenets and technologies related to smart city interventions, and the governance approaches in smart cities. My analysis complements the growing literature on the collaborative character of s..
THE SOCIAL SUSTAINABILITY OF THE SHARING ECONOMY
ABSTRACT. The purpose of this article is to gain a deeper understanding of possible advantages of the sharing economy, incentives for being involved in the sharing economy, the platforms and practices of the sharing economy, and the capacity of the novel sharing practices to assist in initiating a s..
WHY DO ELECTORS SUPPORT CORRUPT POLITICIANS?
ABSTRACT. The analysis presented in this paper contributes to research on the consequences of electoral systems on corruption, the electoral impunity of corrupt governments and politicians, the impacts of competitiveness on liability and corruption, and the adverse economic effects of political corr..
BUSINESS PRACTICES OF INDIAN CEMENT INDUSTRY: AN EVIDENCE OF POSSIBLE CARTELIZATION
ABSTRACT. Indian cement industry has time and again been suspected of cartelization in the last decade. However, whether it exhibits cartelization or not has been dealt very sparsely. Therefore, we employ a unique approach of testing for cartelization based on Grossack’s static-dynamic concentration..
SOLUTIONS TO THE PORTFOLIO CHOICE PROBLEM WITH VAR OBJECTIVE FUNCTIONS
ABSTRACT. In the context of modern portfolio theory (MPT), the actual weights of the market portfolio and cash are determined by investor preferences for risk and return. Value at risk (VaR) models specify losses with a percent frequency. VaR models are popular because they are easy to explain and i..
AN EXAMINATION OF CORPORATE STOCK BUYBACKS: DO THEY REALLY CREATE VALUE?
ABSTRACT. Corporate stock buybacks have become increasingly popular in recent years and are typically rationalized as a means of increasing shareholder wealth. However, most empirical studies have only examined short term market reactions to announcements of stock buybacks. Although findings often r..