Using a new hand-collected data set, this study examines the stock price manipulation in the Taiwan Stock Exchange (TSE). We examine the characteristics of the manipulated stocks, and their impacts on market quality. The results show that manipulated stocks tend to be small. The stock prices rise throughout the manipulation period, followed by a price reversal. The average cumulative abnormal r...

This paper explores the process of product replacement within management consultancies. Drawing on product marketing literature we argue that main knowledge suppliers do not simply regard their knowledge commodities as inherently perishable during an alleged downturn phase on the knowledge market. Rather, our study reveals that management consultants may follow a variety of alternative strategi...

The aim of this study was to identify the technique parameters characterising batsmen who generate large carry distances, ball launch speeds, and bat speeds during a range hitting task in cricket. Kinematic data were collected for 20 batsmen, and a series of ball launch, impact, and technique parameters were calculated for each trial. A regression analysis found impact location relative to the ...

Previously, forward dynamic models of the golf swing have been planar, two-dimensional (2D) representations. Research on live golfers has consistently demonstrated that the downswing is not planar. This paper introduces and evaluates the validity of a 3D six-segment forward dynamics model of a golfer. The model incorporates a flexible club shaft and a variable swing plane. A genetic algorithm w...

Knowledge of whole-body energy transfer strategies during football instep kicking can help inform empirically grounded training practices. The aim this study was thus to investigate 15 semi-professional players performing kicks for speed and accuracy. Three-dimensional kinematics GRFs (both 1000 Hz) were incorporated into segment power analyses derive transfers between the support leg, torso, p...

This study incorporates Zakat into a simple macroeconomic model of an Islamic economy and analyzes the role of Zakat in the national income determination. The reduced form aggregate consumption function suggests that the determinants of consumption are: Zakat expenditure, taxes, income, and asset holdings of individuals. Zakat could be used as a counter-cyclical policy through the discretionary...

10.2217/17460751.2.1.75 © 20 The globalization of stem cell science is increasingly being shaped by the emerging economies of the Asia/Pacific region. Undaunted and unhampered by the more established views of the commercialization of science, countries such as India are constructing models of innovation, policies and patterns of investment that challenge such orthodoxies. This report examines t...

The efficient market hypothesis has been widely tested and, with few exceptions, found consistent with the data in a wide variety of markets: the New York and American Stock Exchanges, the Australian, English, and German stock markets, various commodity futures markets, the Over-theCounter markets, the corporate and government bond markets, the option market, and the market for seats on the New...

There is a near-consensus that central bankers should focus their attention on the control of inflation, and should accordingly not pay attention to movements in stock markets. This view is reinforced by the continuing influence of the Efficient Market Hypothesis (EMH), that maintains that financial markets correctly price firms at all times. We assert that this general view is incorrect. There...

Studies on information technology outsourcing (ITO) have shown different results for the influence of prior interaction and contract type on the project performance of the ITO vendor. The ITO market maturity could provide an explanation for these differences. However, it is not clear how to separate the ITO market into different maturity phases to gain insight into any possible effect maturity ...