We analyse the determinants of stock market integration among EU member states for the period 1999–2007. First, we apply bivariate DCC-MGARCH models to extract dynamic conditional correlations between European stock markets, which are then explained by interest rate spreads, exchange rate risk, market capitalisation, and business cycle synchronisation in a pooled OLS model. By grouping the coun...

This paper makes use of a vertical integration model to explain virtual enterprises, analyses respective characteristics of virtual operation and internal integration, probes into the correlative factors of virtual operation. The paper points out that virtual operation and internal integration are two parallel ways which enterprises may choose to expand their organization. Virtual operation urg...

To strengthen the capital market, there is a need to integrate the capital markets within the region by removing legal or informal restriction, specifically, stock market liberalization. Thus the paper is to investigate the effects of the subsequent stock market liberalization on stock market integration in 4 ASEAN countries (Malaysia, Indonesia, Thailand, Singapore) and Korea from 1997 to 2007...

There is consensus in the marketing literature that market knowledge and cross-functional collaboration are two fundamental resources for successful product innovation. However, few studies examine the dimensions or characteristics of market knowledge and how and why these resources influence product innovation performance. Drawing on contingency theory and the knowledge-based view of the firm,...

Immigrants are more likely to be unemployed, have temporary jobs and low income, which makes labour market integration an important political challenge. Access to paid work is central for the economic situation and social position in society, but knowledge of factors and policies that improve labour market integration for newly arrived immigrants still remains limited. Prior research point out ...