Purchasing management is often approached as a qualitative art. Experience, insight and managerial qualities may indeed make useful contributions. However, in addition to this, the possibilities of an approach based on hard data and figures should not be underestimated. This does not only apply to purchases dealt with by the Purchasing Department, but in particular, also to purchasing activitie...

In June 2001 the Australian Companies and Securities Advisory Committee issued a Discussion Paper that questions the frequency of insider trading and the need for further regulation. In the spirit of recent capital markets-based research in accounting, we address two questions in this paper. The first is whether and if so how, stock market prices react to information implicit in directors' trad...

In multichannel environments, consumers can move easily among different channels. They engage in cross-channel free-riding when they use one retailer’s channel to obtain information or evaluate products and then switch to another retailer’s channel to complete the purchase. Cross-channel free-riding erodes profits and is one of the most important issues that firms face in the multichannel era. ...

* Prepared in the Division of Finance and Economic Studies, Bureau of Research and Statistics. Use of variable rates of social insurance contributions in preventing a decline in consumer purchasing power and hence in employment is one of the methods advocated by the British Government in its proposed plan for maintaining high employment after the war. The following article outlines briefly that...

215 Pacific Economic Bulletin Volume 25 number 3 © 2010 the australian national university The Government of New Caledonia is considering the adoption of a value added-based employers’ contribution—a so-called social valueadded tax (SVAT)—to pay for its social policy initiatives. This article examines the implications for business costs, inflation, imports, the purchasing power of wage earners,...

Executive summary. The current low-yield environment has led many bond investors to ask whether they should prepare for an eventual rebound in yields by purchasing individual bonds. The potential benefits of this strategy are often exaggerated. More important is that, for most bond investors, bond mutual funds and their exchange-traded fund (ETF) counterparts provide a number of advantages over...

The primary purpose of this study is to investigate the impact that credible food safety information has on consumer purchasing of products from the offspring of clones. Also explored is the relationship between consumer beliefs and attitudes about using cloning as a technology with regard to food purchases. Results from a sample of 145 individuals found that credible information about food saf...

Group purchasing sites have recently gained tremendous popularity on the Internet. Besides the collective buying model, the leading website, Groupon.com, also introduces a tipping point mechanism to the U.S. e-market. The current study creates a theoretical model that integrates the theory of mind with models from e-commerce research to further study the buyer’s decision making influenced by a ...

It has been proposed that the elimination of electronic-service quality (e-SQ) gaps holds the key to a better website experience when dealing with organizations on-line. In turn, this leads to increased perceived e-SQ, perceived value, and importantly purchases and repurchases. In this paper a method of measuring e-SQ gaps is proposed. Regression and coefficient analysis are used to analyse dat...

Industrial countries regard the machine tool industry as strategic industry, and ensure its crucial role among industries by tremendous government supports. Nevertheless, due to the special characteristics of industrial products, such as marketing through regional agencies, less transaction number with higher amounts, longer purchase cycle, and various product models, the application of data mi...