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We examine explicitly priced financial distress risk in post-1990 equity markets. We add a financial distress risk factor to Fama and French's (1993) three-factor model, based on Griffin and Lemmon's (2002) findings that financial distress is not fully captured by the book-to-market factor. We test three-factor and four-factor capital asset pricing models using both annual buy-and-hold analysis and monthly time series analysis across portfolios adjusted for common book-to-market, size, and financial distress factors. We find empirical support for an Ohlson (1980) O-score-based financial distress risk four-factor asset pricing model in the U.S. and Japanese markets.

Delegates from around Europe converged on Preston, home of British specialist resin manufacturer Industrial Copolymers Ltd, to attend the company's first international sales conference.

The current volume in the Research in Finance series features an international set of contributors. The overall theme of the volume is a timely topic capturing one of the leading issues of the year: coping with “systemic” risk.

This study aims to analyse the impact of e-paper on many existing industries including paper, publishing, book distribution, display, handheld device manufacturers and content service providers. Flexible display has been studied by many institutes, firms and market research companies. Some believe that e-paper is an exceptional application for flexible display, and the need for flexible display development for handheld devices and cloud-based e-book content is indisputable.

This study uses the Delphi technique and STEEP (Sociological, Technological, Economic, Environmental and Political aspects) with a panel to analyse a business model and the opportunity for the development of e-paper in Taiwan up to the year 2020.

The study concludes that e-paper content and customised digital services are an essential part of e-paper development, while hardware and cloud data are no more than a mechanism to show, compute and store data. Thus, whether the screen of a handheld device is flexible may not be of importance. Although e-paper will affect the display industry, it will not substitute for handheld devices and traditional bookstores.

This research can be used as a reference for government, academics, industry and international investors.

The purpose of this paper is to investigate the state of logistics management research in Asia. The study focuses on the research agenda, the topics of interest, and the extent of research collaboration in logistics theory building and knowledge specific to Asia.

This study uses a mixed methods approach namely, content analysis drawn from the articles found in six well-recognized peer-reviewed logistics management related journals from 2003 to 2013, followed by social network analysis which is applied on the selected articles to provide a structure of the collaboration relationship.

Initial findings suggest that there are some scholars in Asia who are instrumental in research collaboration and in building a body of knowledge on logistics management focused on Asia. More co-production of knowledge from deeper and tightly knit industry-academic collaboration is needed to progress this domain. Most of the published work use an empirical instrument drawn from the resource-based view to explore firm level supply chain collaboration and strategy. This suggests a positivist research tradition within logistics. There is a shortage of studies conducted on the supply chain as a network of enterprises.

The review of the articles is limited to six logistics specific journals and the authors only concentrate on logistics management research focused on Asia. The contributions from the other journals may have been missed. More collaboration at the institutional, national, and international levels is called for especially on cross-collaboration between practice and theory.

Though the analysis is restricted to 260 articles found in six journals, this paper can shed light on the research needs from different perspectives and facilitate the progress of logistics management research in Asia.

This is the first paper to discuss the state of logistics management research collaboration in Asia, and provides an overview of the research issues, topics, and approaches undertaken thus far. Through this work, this study hopes that it will encourage greater research collaboration between industry and academia, and academics themselves.

Named Data Networking (NDN) is a content-centric network differing from the traditional IP-based network. It adopts the name prefix to identify, query and route the information content instead of IP-based addressing and routing. NDN provides a convenient way to access the content without knowing the originated location of the requested information. However, the length of name prefix varies. It is not like the fixed-length IP addresses that makes handling queries or searching the requested information in NDN easier. An efficient name lookup mechanism of name prefix will efficiently increase the performance of prefix identifying, name searching and content retrieving. Therefore, this paper aims to propose a partial name prefix merging and shortening scheme for enhancing the efficiency of name lookup in NDN.

To reduce the work involved in name prefix identifying, querying, storing and routing, this work adopts a cyclic redundancy check-based encoding scheme to shorten the variable length of the name prefix into a proper and fixed length of encoded numerical information. In fact, the structure of a name prefix is presented in a combination of word segments with the slash symbol. The shortening procedure of name prefix can also be applied to adjacent word segments forming fixed-length encoded data for further efficiently matching the name prefix for name lookup in NDN.

The experimental results show that the shorter length of encoded name prefix can effectively reduce the access time of name lookup and increasingly retrieve the corresponding named content in NDN. Through partial merging and shortening of name prefix, the length of encoded prefix name may be larger than the whole encoding of name prefix. It retains the information differences from different parts of various name prefixes. Thus, it can avoid collision problems with the same encoded information from various name prefixes.

From the experimental results, it is observed that partial merging and shortening of name prefix is useful for name look up in NDN. It can increase the efficiency of name prefix matching and retrieving in NDN. It can also save memory space to store the name prefix in an NDN node.

This empirical study explored how coworker incivility and customer incivility affect the work engagement and job performance of frontline employees.

To investigate the incivility and characteristics of hospitality industry workplaces, this study recruited frontline employees from tourist hotels as study participants. Because complete contact information could not be obtained for this population, convenience sampling was employed. A structured questionnaire was used for data collection.

Coworker incivility and customer incivility reduced work engagement and job performance. The effects of coworker incivility on the work engagement and job performance are greater than those of customer incivility. Furthermore, work engagement has a positive effect on the job performance.

Although studies have investigated the effects of customer incivility, these effects have not been compared with those of coworker incivility. Moreover, studies on the influence of coworker and customer incivility on job performance and work engagement in the hospitality industry and on those of work engagement on job performance have been scant. The current empirical study investigated the effects of coworker and customer incivility on the job performance and work engagement and of frontline hospitality employees.

While previous studies have investigated the factors influencing the internet adoption, the findings may not be transferable to explain blockchain technology adoption, despite its similarities to the internet. This study aims to address this gap by exploring the mediating effect of innovation culture and the moderating effect of innovation policies on business model innovation (BMI) outcomes in emerging economy firms. It investigates how these factors synergistically facilitate BMI, offering practical guidance for public authorities and managers to develop relevant policies and govern businesses effectively.

This study collected data from 287 valid responses among 948 listed companies on the Taiwan Stock Exchange using a structured questionnaire. This study used structural equation modeling and Process Model 5 to analyze direct and indirect effects, focusing on corporate key capabilities for BMI while exploring the combined impact of innovation culture and policies.

The study revealed that innovation culture and innovation policies synergistically facilitate BMI, accelerating firms’ progress toward BMI in the emerging economy context. These outcomes offer valuable guidance for public authorities and company managers in formulating relevant policies and managing businesses effectively.

This study contributes to the literature by uniquely exploring the combined influence of innovation culture and policies on BMI in emerging economy firms, shedding light on their compounding effect and offering practical implications for policy-making and business management.