Well established governance, risk and compliance functions have for many years formed a key part of management practice in both the private and public sectors in Australia. A relatively new concept, " GRC " , has emerged, which emphasises on building a closer interrelationship between governance, risk and compliance, and how these functions can be further integrated to increase their effectiven...

We extend the analysis on hedging with price and output uncertainty by endogenizing the output decision. Specifically, we consider the joint determination of output and hedging in the case of flexibility in production. We show that the risk-averse firm always maintains a short position in the futures market when the futures price is actuarially fair. Moreover, in the context of an example, we s...

This doctoral research in progress will examine the effect of presentation flaws of an on-line store’s web site on users’ perceived quality of the on-line store, trust in the on-line store and intention to purchase. The theoretical foundation of this research is multi-disciplinary. This study will examine several the factors that are likely to be instrumental in the formation of reputational im...

The article examines whether commodity risk is priced in the cross-section of equity returns. Alongside a long-only equally-weighted portfolio of commodity futures, we employ as an alternative commodity risk factor a term structure portfolio that captures the propensity of commodity futures markets to be backwardated or contangoed. Equity-sorted portfolios with greater sensitivities to the two ...

When two groups of market actors differ in how to interpret a common label, each can make claims over the label. One categorical interpretation and the group that supports it risk disappearance if the rival interpretation gains ground. We argue that when members of the endangered category become partial defectors that span categories, their history presents challenges to the identity of nondefe...