Search results

1 – 10 of over 31000
To view the access options for this content please click here
Article
Publication date: 1 July 1993

C.L. Hung

There are only a few dozen Canadian companies which market industrial technology in developing countries of Pacific Asia. A survey of there perceptions and strategies…

Abstract

There are only a few dozen Canadian companies which market industrial technology in developing countries of Pacific Asia. A survey of there perceptions and strategies indicates that while they believe there is no shortage of opportunities and no insurmountable market barriers in the region, it is important to have a well conceived marketing plan and be realistic in the expectations. On the whole, they are satisfied with their experience. Hopefully, this will induce more Canadian industrial companies to explore the Pacific Asia market and in turn help to realize Canada's potential in the region.

Details

Asia Pacific Journal of Marketing and Logistics, vol. 5 no. 2
Type: Research Article
ISSN: 1355-5855

To view the access options for this content please click here
Article
Publication date: 29 November 2018

Khar Mang Tan, Fakarudin Kamarudin, Amin Noordin Bany-Ariffin and Norhuda Abdul Rahim

The purpose of this paper is to examine the firm efficiency or technical efficiency (TE), pure technical efficiency (PTE) and scale efficiency (SE) in the selected…

Abstract

Purpose

The purpose of this paper is to examine the firm efficiency or technical efficiency (TE), pure technical efficiency (PTE) and scale efficiency (SE) in the selected developed and developing Asia-Pacific countries.

Design/methodology/approach

The sample consists of a sum of 700 firms in selected developed and developing Asia-Pacific countries over the period from 2009 to 2015. The non-parametric data envelopment analysis under the production approach is used to investigate firm efficiency.

Findings

On average, this paper discovers that the firms in selected Asia-Pacific countries are moderately efficient. Scale inefficiency (SIE) is found to be the dominant source of firms’ technical inefficiency. The analysis of return to scale shows that the large firms tend to operate at decreasing return to scale level, while the small firms tend to operate at increasing return to scale level.

Practical implications

The findings from this paper provide significant insights to the policy makers and firm managers in promoting the efficient firms of Asia-Pacific countries.

Originality/value

The present paper conducts a critical analysis on return to scale in the firms sector of Asia-Pacific context, which is ignored by the past studies on firm efficiency since the analysis of return to scale is mostly emphasized on banking sector. The precise nature of SIE is important for a firm to be efficient in achieving the firm’s primary goals of profit maximization and sustaining market competitiveness.

Details

Benchmarking: An International Journal, vol. 25 no. 8
Type: Research Article
ISSN: 1463-5771

Keywords

To view the access options for this content please click here
Article
Publication date: 5 October 2010

Ahmed Shamiri and Zaidi Isa

The purpose of this paper is to investigate the international information transmission of return and volatility spillovers from US and Japan markets to AsiaPacific

Abstract

Purpose

The purpose of this paper is to investigate the international information transmission of return and volatility spillovers from US and Japan markets to AsiaPacific markets using daily stock market return data covering the period (1991‐2004).

Design/methodology/approach

This paper considers a volatility spillover model by applying a bivariate Baba, Engle, Kraft and Kroner‐Generalized Autoregressive Conditional Heteroskedastic model, for each of the AsiaPacific countries against the Japan and the USA using daily returns for the period (1991‐2004). Splitting the sample into two non‐overlapping sub‐samples, the paper investigates whether the efforts for more economic, monetary and financial integration have fundamentally altered the sources and intensity of volatility spillovers to the individual stock market.

Findings

In the majority of the markets under scrutiny, we provide evidence of direct volatility spillovers, running mainly from the Japanese and US markets and pointing to more rapid information transmission during the recent years. First, the volatility of the AsiaPacific markets is becoming influenced more by the US market for the recent years. Second, for international investors to get profits from the returns of AsiaPacific securities, it is necessary to pay attention to the US market directly. Third, Korea, Singapore and Hong Kong are among the most AsiaPacific markets vulnerable to shocks from US investors due to the large ratio of portfolio holding. However, implementing global hedging strategies on AsiaPacific markets requires the information concerning the Japanese volatility behaviour.

Originality/value

This paper should be of interest to a broad practitioners and academics including those interested in modelling volatility for financial market risk management.

Details

Studies in Economics and Finance, vol. 27 no. 4
Type: Research Article
ISSN: 1086-7376

Keywords

Content available
Article
Publication date: 26 July 2021

Wesley R. Teter and Libing Wang

The impacts of the COVID-19 pandemic have transformed the global outlook for international higher education. Given the rapid shift to online learning, the Tokyo Convention…

Abstract

Purpose

The impacts of the COVID-19 pandemic have transformed the global outlook for international higher education. Given the rapid shift to online learning, the Tokyo Convention in the Asia-Pacific entrusted to UNESCO has become an important policy framework to facilitate regional collaboration, authoritative information sharing and recognition of qualifications across diverse modes of learning. This paper examines the role of the Tokyo Convention to establish an inclusive platform for monitoring and collaborative governance of mobility and internationalization based on fair and transparent recognition policies and practices in the Asia-Pacific.

Design/methodology/approach

In August 2019, a standardized survey instrument was sent by the Secretariat of the Tokyo Convention Committee at UNESCO Bangkok to competent recognition authorities in 46 countries in the Asia-Pacific, including the eight State Parties to the Tokyo Convention that ratified the Convention as of the reporting period. In total, qualitative data from n = 27 countries/states was received and analyzed to assess implementation of the Tokyo Convention throughout the region. The research design illustrates how normative instruments such as the Tokyo Convention are monitored and assessed over time.

Findings

A multi-stakeholder approach based on collaborative governance is needed to effectively monitor implementation and implications of the Tokyo Convention for diverse higher education stakeholders in the Asia-Pacific region.

Research limitations/implications

Implications include establishing baseline data and methods for monitoring implementation of the Tokyo Convention. Based on collaborative governance theory, the paper explores potential for a multi-stakeholder approach to promote mutual accountability in the Asia-Pacific and to develop mechanisms for inclusive participation in the governance of the forthcoming Global Convention on recognition.

Originality/value

As the first systematic review of its kind, this paper includes a unique dataset and insights into UNESCO's methodology to monitor implementation of standard-setting instruments for qualifications recognition in the Asia-Pacific.

Details

International Journal of Comparative Education and Development, vol. 23 no. 3
Type: Research Article
ISSN: 2396-7404

Keywords

To view the access options for this content please click here
Article
Publication date: 1 February 1998

Nicolino Strizzi and G.S. Kindra

Assesses five trends that will be likely to affect the nature of trade and investment in Asia Pacific in the coming decade. These include infrastructure upgrading, public…

Downloads
2551

Abstract

Assesses five trends that will be likely to affect the nature of trade and investment in Asia Pacific in the coming decade. These include infrastructure upgrading, public sector reform, increased military procurements, massive capital inflows and foreign debt build‐up. States a better understanding of these trends will promote strategic entry into fast‐growing, hard‐to‐crack markets. Vastly improved corporate revenue and profits might result. Equally important, it presages long‐term gains in economic and political influence in Asia Pacific.

Details

International Marketing Review, vol. 15 no. 1
Type: Research Article
ISSN: 0265-1335

Keywords

To view the access options for this content please click here
Article
Publication date: 8 November 2011

Susan Forbes and Malcolm McIntosh

This study aims to examine the uptake of corporate social responsibility (CSR) in the Asia Pacific region and to explore the extent to which countries in the region are…

Downloads
1311

Abstract

Purpose

This study aims to examine the uptake of corporate social responsibility (CSR) in the Asia Pacific region and to explore the extent to which countries in the region are transitioning towards a sustainable enterprise economy (SEE) and the links between the two, thereby connecting the uptake of CSR at the organisational level to the configuration and transformation of societies.

Design/methodology/approach

In order to examine the uptake of CSR in the Asia Pacific region and assess the extent to which countries are transitioning towards the SEE, this study compiles data from a selection of CSR‐related indicators that are globally harmonised and globally recognised as well as national performance indicators that not only set the operational context for organisations but also help to measure the ultimate impacts of policies, practices and activities by organisations on national conditions.

Findings

Based on the preliminary study undertaken into global national indicators in the Asia Pacific region, there is a need for more comprehensive indicators that capture key elements of a SEE. The study envisages the creation of a “Global SEE dashboard” of actual, real‐time key performance indicators that can help facilitate stewardship by societies towards the Global SEE.

Originality/value

By underscoring the needs, opportunities and challenges for CSR capacity‐building in the Asia Pacific region and for countries to transition effectively towards the SEE, this study adds value to the efforts of public and private policy makers concerned with CSR, sustainability and governance as well as practitioners and members of civil society interested in responsible global citizenship.

Details

Sustainability Accounting, Management and Policy Journal, vol. 2 no. 2
Type: Research Article
ISSN: 2040-8021

Keywords

To view the access options for this content please click here
Article
Publication date: 13 April 2010

Alexandra Ryan, Daniella Tilbury, Peter Blaze Corcoran, Osamu Abe and Ko Nomura

The purpose of this paper is to provide an overview of the contributions of the AsiaPacific region to leading practice in sustainability in higher education (HE), as…

Downloads
4029

Abstract

Purpose

The purpose of this paper is to provide an overview of the contributions of the AsiaPacific region to leading practice in sustainability in higher education (HE), as prelude and orientation to this special issue collection from different countries and regions.

Design/methodology/approach

This is a critical review that includes international and regional policy contexts in sustainability and “education for sustainable development” (ESD), whilst exploring the trajectories of key initiatives across the region and considering the broader context of sustainability innovation within the HE sector.

Findings

The AsiaPacific region offers many creative initiatives and shows considerable progress in ESD and in understanding the learning dimensions of sustainability. At the same time, it mirrors global trends in that further work is needed to promote systemic change in educational arenas, particularly in terms of strategic integration within HE institutions. The AsiaPacific contributions to this collection demonstrate the need to harness national policy, to develop local and regional initiatives and to work effectively towards more profound change in HE curricula and through collaboration with external communities and stakeholders.

Originality/value

This is a distinctive collection of new initiatives from the AsiaPacific, which compensates for the comparative lack of dissemination in this area. There is considerable sustainability innovation emerging in this region which shows leading‐edge responses from within the HE sector on a number of key challenges and issues.

Details

International Journal of Sustainability in Higher Education, vol. 11 no. 2
Type: Research Article
ISSN: 1467-6370

Keywords

To view the access options for this content please click here
Article
Publication date: 7 August 2017

Nisha Mary Thomas, Smita Kashiramka and Surendra S. Yadav

The purpose of this paper is to investigate the long-run equilibrium relationship between developed, emerging and frontier markets of the Asia-Pacific region during…

Abstract

Purpose

The purpose of this paper is to investigate the long-run equilibrium relationship between developed, emerging and frontier markets of the Asia-Pacific region during January 2000 to June 2016.

Design/methodology/approach

Zivot and Andrews’ unit root test is used to examine the existence of unit root in index series in the presence of a structural break. Gregory and Hansen’s test of cointegration is employed to examine the stable long-run relationship between the indices under study.

Findings

The results suggest that the emerging markets of China and Thailand and the frontier markets of Sri Lanka and Pakistan are fairly segmented from most of the markets in the Asia-Pacific region. Hence, these markets provide good diversification opportunities to global investors. Bidirectional cointegration analysis indicates that emerging and frontier markets influence developed markets. Hence, it can be inferred that the de facto position that only bigger markets influence small markets no longer holds true in the current environment.

Practical implications

The findings of this study will provide valuable inputs to global investors for creating an optimal investment portfolio.

Originality/value

This study does a comprehensive examination of market integration in the Asia-Pacific region. It also contributes to the thin body of work done on frontier markets. Unlike past studies, this paper analyzes the bidirectional cointegration relationship to examine if the notion that only bigger markets influence smaller markets holds true or not. Finally, this study employs advanced techniques of unit root test and cointegration test that consider structural breaks in the models.

Details

Journal of Advances in Management Research, vol. 14 no. 3
Type: Research Article
ISSN: 0972-7981

Keywords

To view the access options for this content please click here
Book part
Publication date: 19 June 2019

Muhammad Mohsin Hakeem and Ken-ichi Suzuki

The trade agreements among major trading countries can open new prospects of development and growth for global economy. The policy changes by a major trading country can…

Abstract

The trade agreements among major trading countries can open new prospects of development and growth for global economy. The policy changes by a major trading country can alter the global trade and connection patterns. The trade agreement known as Trans-Pacific Partnership (TPP) was between 12 “Pacific-rim” countries signed earlier in 2016 indicates an upcoming and major policy change for global economy (presidential memorandum to withdraw the United States from TPP was signed in January 2017). The agreement would influence the issues related to “economic growth, employment, innovation, productivity, and competitiveness” of every partner and linked economy. This study illustrates how Asia Pacific’s major countries are interlinked with each other, the important sectors and the strength of connections. The level of interconnectedness might have been transformed within regional trade network because of varying global economic patterns and demand trends. The study focuses on the aspects related to agreement and reduction in tariffs that may change the global trading scenarios and appropriate position for region’s prominent and developing economies after implementation of the agreement.

To view the access options for this content please click here
Article
Publication date: 1 January 2005

Hue Hwa Au Yong, Keryn Chalmers and Robert Faff

This study investigates Asia Pacific banks' annual report disclosures on derivatives using the Basel Committee and IOSCO joint recommendations as the derivative and risk…

Abstract

This study investigates Asia Pacific banks' annual report disclosures on derivatives using the Basel Committee and IOSCO joint recommendations as the derivative and risk management disclosure benchmark. Based on our constructed disclosure index, the mean score is 35%, suggesting that many of the disclosure recommendations are not being adopted by the banks in our sample. Cross‐country and regional variation exists in the disclosure practices, with the variation associated with the extent to which accounting regulations for derivative instruments are operational. Hong Kong banks have the highest mean disclosure scores while the Philippines banks have the lowest mean disclosure scores. Australasian banks generally provide more disclosures than East Asian and South East Asian banks, and banks in developed countries generally have a higher level of disclosure relative to developing countries. The transparency of derivative activities by the banks is expected to improve as Asia Pacific countries promulgate accounting regulations congruent with international accounting standards.

Details

Asian Review of Accounting, vol. 13 no. 1
Type: Research Article
ISSN: 1321-7348

Keywords

1 – 10 of over 31000