In recent years, many brokerage firms and hedge funds use a trading system based on financial engineering and many algorithms. On the other hand, many personal investors judge their trade by their intuition or advices from stock analysts. Therefore, there are a big gap of a trading method between the institutional investors and the personal investors. The objective of this paper is to propose a...

This paper presents the definition of different Service Levels for Electronic Brokerage Applications1. This document is structured in three parts. The first one gives an overview of concepts such as Electronic commerce, Brokerage, Multimedia applications and Quality of service, including the definition of Service levels for different Electronic brokerage applications. The second part presents t...

knowledge management is influenced by many variables such as organizational structure, leadership style, organizational culture, information technology etc. we can spot organizational structure and climate as a framework and infrastructure can be considered in implementing successful knowledge management. previous studies examined these variables in the implementation of knowledge management. i...

Brokerage is an essential yet understudied function in social life. In one of the classics in the field of sociology, Georg Simmel differentiated three types of the “third” which help to analyse brokerage: the disinterested mediator or arbitrator, tertius gaudens and divide et impera. Studies that conceptualise traffickers and smugglers as brokers are extremely rare. Scholars lack a typology wh...

This paper explores the determinants of observed analyst-firm pairings. We adopt an analyst/brokerage house perspective that allows us to examine not only firm-level characteristics as in prior research, but also attributes of the analyst and the analyst’s brokerage house that may drive these pairings. Our empirical analyses provide two primary insights. First, analyst characteristics such as i...

A variety of social and economic arrangements exist to facilitate the exchange of goods, services, and information over gaps in social structure. Each of these arrangements bears some relationship to the idea of brokerage, but this brokerage is rarely like the pure and formal economic intermediation seen in some modern markets. Indeed, for reasons illuminated by existing sociological and econom...

This paper examines the factors that affect analysts’ propensity to use their own earnings forecasts in stock recommendations. We find that ability, independence, and investor sentiment all contribute to the inefficiency with which analysts incorporate their own earnings forecasts into stock recommendations. The transformational inefficiency is higher for analysts who have a shorter history of ...

The integration of the internet into business activities is affecting the trucking industry both directly and indirectly. Direct influences involve changes in information brokerage in the highly fragmented trucking industry. Indirect influences arise as shippers and consignees, which are the customers of trucking firms, invoke demands for lower shipment prices, greater service quality, quicker ...