The exchange rate is an important variable that affects international competitiveness and
performance of Japanese firms. We use an unconditional and a conditional multi-factor asset …

is increasingly being used as a medium instruction in business education at the tertiary level,
with its growth fueled by university internationalization. As a result, many students enrolled …

Employing a generalized autoregressive conditional heteroskedastic (GARCH) time series
model, this study investigates the relationship between end-of-the-day (EOD) Osaka Nikkei …

The present study employs daily data, as opposed to weekly data used in previous studies,
to examine whether long-term covered interest parity holds when a currency swap is used as …

InternationatC7iristianUniversity (ReceivedSeptember 17, 20011RevisedJuly30, 2002)
Abstract Research and development projectsin the pharmaceutical industry normally lastfor a …

The present paper examines the empirical implications of the real option pricing model
developed in Quigg (1993) using Japanese data. We ånd the option to wait to develop land, …

The sensitivity of volatility to the level of the interest rate is well documented in the literature.
We investigate whether such results are robust over a range of maturities ranging from …

This paper empirically examines the relationship between the credit risk of Toyota, Nissan
and Honda keiretsu-affiliated firms and the credit risk of the respective parent company. As …

The conditional variance for five different hourly foreign exchange rates is modeled using a
GARCH model with the number of incoming quotes as a regressor in the conditional …

The recent establishment and popularity of professional esports leagues, coupled with the
public listing of the Denmark-based esports team Astralis Group, presents an opportunity to …