Most developers decide intuitively without scientific analysis tools when brainstorming ideas for housing development at the initiation phase. The situation of non-persistence and inconsistent purposes between main participants in process, specific peculiarities speculative market continue to be a concern. paper aims classify decision-making phase Malaysia. This research implements Delphi quest...

With the changing financial environment, financial goals are constantly changing. In the course of development of financial theory, there were numerous financial goals theories, which are mainly "profit maximization, shareholders’ wealth maximization, and stakeholders’ wealth maximization." These financial goals basically reflect the business requirements of the market environment, the adaptati...

The aim of this paper is to analyze the long-term and short-term risk components in Chinese financial market and to compare them with those in mature financial markets. For this purpose a most recently proposed Semi-APARCH is applied to the Shanghai Index and the Shenzhen Index, and four financial indexes in mature markets. A few important empirical findings are achieved. Firstly, the current l...

We study the resource allocation decisions of U.S. multinational corporations (MNCs). We examine how established MNCs grow across countries and how firm-specific resources and host-country financial-market development influence MNC growth. We find no evidence of within-firm tradeoffs to growth in MNCs with greater measures of organizational capital, knowledge resources and access to financing. ...

An efficient financial system has been identified as an important determinant in achieving long-term economic growth (Walter 1993). Recent research suggests that there may be a correlation between the level of stock market development and that of financial institutions (Demirguc-Kunt and Levine 1995), and that these components are complementary parts of the financial system. Data analysed in th...

This paper assesses the relationship among energy consumption, financial development, economic growth, industrialization and urbanization in Tunisia from 1971 to 2008. The autoregressive distributed lag bounds testing approach to cointegration and Granger causality tests is employed for the analysis. The result confirms the existence of long-run relationship among energy consumption, economic g...

Financial risk is an objective phenomenon in economic activities. It has received extensive attention in theoretical and practical fields. For each company and operators in the market economy, the financial risk is an objective existence. The manufacturing industry as a pillar industry of China’s economic development, occupies a large proportion in China’s listed company. However because of the...

We examine the effect of an oligopolistic upstream electronic market on upstream and downstream prices. The analysis highlights the two sources of competition that a firm that source from an electronic market (e-market firm) face: competition with less efficient firms that source traditionally (t-market firms) and competition among e-market firms. When size of the upstream e-market is small, th...

On the basis of documents analysis, this article constructed the sustainable development evaluation model of real estate market from four aspects, including the harmonious development with local economy, reasonable prices, structural balance and financial coordination. Then we empirical studied the healthy development of Nanchang real estate market based on fuzzy pattern recognition model. The ...