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Codes of ethics are attracting more interest in Australian business corporations. They have often been used simply to garnish the public image, or to remind employees of the law. However, they can fulfil a more important educational role in the corporation in shaping and maintaining corporate...
The study of volatility inter-dependence provides useful insights into how information is transmitted and disseminated across markets. Research results in this area have implications for international diversification and market efficiency. This paper explores volatility spillovers between the...
Average price options are based on the average (either arithmetic or geometric) price of the underlying asset during an option's life. Recently, Australia's largest private bank, the National Australia Bank, and the regional Metway Bank, have issued bonds that contain embedded arithmetic average...
This study examines the relationship between the investment earnings of life insurance firms in New Zealand and their organisational characteristics. Using data for the period 1988–1993, a pooled Weighted Least Squares regression model is estimated. Consistent with expectations, the empirical...
This paper reports on research which explores the links between quality assurance, or certification of the quality system according to the ISO 9000 (AS 3900) series and the broader approach of Total Quality Management. The first part of the paper outlines a typology of approaches to introducing...
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