The purpose of the present study is to investigate the relationship between intellectual capital (human capital efficiency, customer capital efficiency, and structural capital efficiency) and economic value added of the listed companies on the Tehran Stock Exchange (TSE). The population includes 39 firms selected through systematic sampling. The data is collected from the audited financial stat...

We use daily price indices obtained from the Morgan Stanley Capital International to construct realized volatility for 18 individual stock markets, including the US, and the world stock market. In contrast with the CAPM, we find that volatility by itself does not forecast excess returns in most countries; however, it becomes a significant predictor when combined with the US consumptionwealth ra...

Previous research has attempted to identify a deterrent effect of capital punishment. We argue that the quality of life in prison is likely to have a greater impact on criminal behavior than the death penalty. Using state-level panel data covering the period 1950±90, we demonstrate that the death rate among prisoners (the best available proxy for prison conditions) is negatively correlated with...

IS projects have been extensively studied, yet continue to be riddled with problems. The concern is aggravated in collaborative IS projects since they involve dual challenges of managing interorganizational relationships and of integrating diverse knowledge bases across organizations that may possess distinct strategic goals and conflicting interests. Prior research has indicated that social ca...

For over 30 years academics and practitioners have been debating about the merits of the CAPM. One of the characteristics of this model is that it measures risk by beta, which follows from an equilibrium in which investors display mean-variance behavior. In that framework, risk is assessed by the variance of returns, a questionable and restrictive measure of risk. The semivariance of returns is...

In this article, the results of an initial attempt to estimate the effects of state attributes on plant location and investment expenditure were presented for the forest products industry in the southern United States. A conditional logit model was used to analyze new plant births, and a timeseries cross-section model to assess the total capital expenditure. Significant positive effects were fo...

We argue that when individuals care about their consumption relative to that of their neighbors, a home bias emerges, that is investors overweight domestic stocks in their portfolios. Domestic stocks are preferred because they also serve the objective of mimicking the economic fortunes and welfare of the investor’s neighbors, countrymen, and social reference group. We also demonstrate that glob...

The purpose of this article is to begin to sociologically define a legal standard for the courts of mitigating factors that should influence the sentence of death. The article also describes a method of inquiry that makes this definition reasonable. The material presented is intended to serve as a guide for the investigation of mitigating circumstances for the sentencing phase of a death penalt...

human capital has important role on economic growth. this factor can increase labor and capital productivity. it can increase capacity of new technology and reduce criminal participation and improve voters’ political behavior and migration of people with high human capital to another region has effects on region and spatial spillover on other regions. the present study aimed to analyze the dire...

This research-in-progress paper examines factors that influence IT employees‟ decision to continue staying with their current jobs and hence their current companies (i.e., vendor organizations in IT outsourcing industry). It employs the lens of Job Embeddedness Model (JEM) that posits employees‟ decision to stay with a job is influenced by a matrix of two embedded dimensions (i.e., on-the-job e...