We study the strategic behavior of equity analysts whose compensation is based on relative performance of their stock recommendations. Our model predicts that riskaverse analysts issue identical recommendations to avoid falling behind their peers. Top analyst awards, on the other hand, motivate analysts to issue bold recommendations. However, when the stock return is very volatile, the herding ...

Is the concept of stock market speculations, related with the news in the news papers? This study mainly focus on the correlation between economy news from one of the highest circulation rate news paper in Turkey and Istanbul stock market closing values. Data set is collected from the web page of news paper in natural language and text mining technique, term frequency – inverse document frequen...

This study aimed to examine the relationship between macroeconomic and nonmacroeconomic variables and hotel stock returns using hotel companies listed on the Taiwan Stock Exchange. The regression analysis indicated that among the macroeconomic variables (i.e., money supply, the growth rate of industrial production, expected inflation, the change of unemployment rate, and the yield spread), only...

Lateral transshipments within an inventory system are stock movements between locations of the same echelon. These transshipments can be conducted periodically at predetermined points in time to proactively redistribute stock, or they can be used reactively as a method of meeting demand which cannot be satisfied from stock on hand. The elements of an inventory system considered, e.g. size, cost...

Stock markets play a fundamental role in the countries’ economies, since they allow companies to raise funds for their investments in technology, expansion or infra-structure by selling stocks to the public. At the same time, stocks are, for the stockholders, important assets that can help to maintain or increase the investor’s wealth for future use, like retirement, education, etc. On the othe...

A basic sh-stock assessment system requires an integrated use of a model for the time evolution of a sh stock and information about the sh stock from catch data. Typical for common sh stock assessment systems have been the use of fairly sim-plistic data assimilation methodologies for the integration of observations with the dynamical models. On the other hand, there has been a fast development ...

Effective supply chain management (SCM) is currently recognized as a key determinant of competitiveness and success for most manufacturing and retailing organizations, because the implementation of supply chain management has significant impact on cost, service level, and quality. Numerous strategies for archiving these targets have been proposed and investigated in both practice and academic o...

One of the issues that have gained a lot of attention in recent years is the board gender diversity. Many researchers believe that gender diversity in the board reinforces corporate social responsibility and on the other hand, gender diversity is one of the signs and effects of corporate social responsibility in the board, so there is a mutual relationship between board gender diversity and cor...