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Article
Publication date: 3 October 2008

Abeyratna Gunasekarage, David M. Power and Ting Ting Zhou

The purpose of this paper is to examine the long‐term relationship between the rate of inflation and the returns of real estate and financial assets traded in New Zealand markets.

Abstract

Purpose

The purpose of this paper is to examine the long‐term relationship between the rate of inflation and the returns of real estate and financial assets traded in New Zealand markets.

Design/methodology/approach

The question of whether these assets are good candidates to hedge inflation in the long run is addressed employing cointegration and causality tests on quarterly data for the period from December 1979 to December 2003.

Findings

A strong long‐term relationship was found between the returns offered by all types of real estate assets (i.e. residential, commercial, industrial and farm building) and the rate of inflation. However, such a long run relationship is not detected between the rate of inflation and the returns of financial assets (i.e. stocks, short‐term bills and long‐term bonds).

Research limitations/implications

The empirical findings reveal that the direction of causality is from inflation to real estate assets indicating that changes in property prices do not cause inflation in New Zealand; the cause of inflation is independent of the price movements for real estate assets. The real estate assets are found to offer an effective hedge against inflation in the long run. The same cannot be said for the financial assets, however.

Originality/value

This is the first New Zealand study which investigates the long‐term inflation hedging effectiveness of both real estate and financial assets. The findings should be of interest to most of the investors in New Zealand as the real estate assets play a significant role in their portfolio decisions.

Details

Studies in Economics and Finance, vol. 25 no. 4
Type: Research Article
ISSN: 1086-7376

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Article
Publication date: 5 October 2010

Zhou Ting, Ling Guijun and Leng Bojun

The purpose of this paper is to build a theoretical framework that identifies the important skills for successful export from different business areas and make an…

Abstract

Purpose

The purpose of this paper is to build a theoretical framework that identifies the important skills for successful export from different business areas and make an empirical ranking of their importance.

Design/methodology/approach

A survey containing 88 practical export skills, selected from the existing literature, was sent to 800 Chinese exporting companies in major Eastern regions of China. With the factor analysis, eight skill categories were identified and 56 skills were found more important.

Findings

The results of the study show that in the higher export stage, skills in international marketing and international trade logistics were viewed as being more important. However, a firm in an early export stage showed more concerns on international trade policy and regulations, international finance and international trade research. Firms with rich export experience viewed strategic management in international trade as being more important than those with less export experience. International payment terms were considered to be very important by firms across all export stages. However, only these firms which were exploring the availability of export business viewed international trade practice as being somewhat important.

Research limitations/implications

First, the export skills pool should be extended and examined according to the firms' characteristics. Second, the study is cross‐sectional and there should be specific analysis of different exporting firms. Third, supplement of the study with more samples from other regions should provide more generalizable implications. Finally, another future work should be to examine how export skills affect financial performance of those Chinese exporting firms.

Practical implications

This paper can serve as useful information for the exporting firms to improve their existing skill training programs. The skills importance rankings can also be used to guide the resource allocations.

Originality/value

This study builds a theoretical framework that identifies the important skills for successful export from different business areas and makes an empirical ranking of their importance based on the data of Chinese exporting firms.

Details

Journal of Chinese Economic and Foreign Trade Studies, vol. 3 no. 3
Type: Research Article
ISSN: 1754-4408

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Article
Publication date: 28 September 2010

Ting Zhou, Gui‐jun Lin and Yang Li

The paper aims to comprehensively study the current learning environment of export skills in China and to identify the needs of Chinese firms for skills training. Thus, it…

Abstract

Purpose

The paper aims to comprehensively study the current learning environment of export skills in China and to identify the needs of Chinese firms for skills training. Thus, it proposes a conceptual framework of skills identification and ranking model. Another main purpose of this paper is to expand the domain of export skills and knowledge management by including a broader range of the determinants of interests in export skills acquisition and identification than is normally found in the related literature.

Design/methodology/approach

A comprehensive and thorough survey on the learning environment of export skills acquisition was conducted in this study targeting 800 exporting firms in China. Ten propositions were proposed and the data were complemented through correspondence analysis to study the determinants of interest in export skills acquisition among these firms.

Findings

The results indicate that the overall level of export skills for Chinese exporters is somewhat low and little training resources are invested in export skills acquisition. Furthermore, interest in export skills learning is broad based and unrelated to ownership structure. It is demonstrated that Chinese exporters of greater export development and management commitment show more interest in export skills learning. Those of lower export development need more support from government trade agencies, yet in general, government assistance in meeting the demand of Chinese exporters is still insufficient.

Research limitations/implications

Because of the chosen research approach, the research results may lack generalisability. Therefore, researchers are encouraged to find the best practice.

Practical implications

The paper includes implications for the intelligence of learning environment, the identification of determinants of the learning interests in export skills and the development of skills training and knowledge management.

Originality/value

This paper can be used by the exporting firms, the universities and government trade agencies to design more effective skill training programs and to guide their resource allocations.

Details

Journal of Technology Management in China, vol. 5 no. 3
Type: Research Article
ISSN: 1746-8779

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Article
Publication date: 14 November 2012

Wenwen Zhou, Ting Sun, Huey Hng, Wenjing Zhang, Yang Zhao, Hua Zhang, Jan Ma and Qingyu Yan

Three types of PbTe samples, e.g. nanoparticles, nanowires and bulk ingots, have been prepared. The investigation of the Seebeck coefficient of PbTe nanoparticles and…

Abstract

Three types of PbTe samples, e.g. nanoparticles, nanowires and bulk ingots, have been prepared. The investigation of the Seebeck coefficient of PbTe nanoparticles and nanowires clearly shows the sign change in the temperature range of 575~650 K, which is not observed for bulk ingots. Unfortunately, this temperature range is within the proposed operation temperature range for thermoelectric devices using PbTe and hence, such a change will affect their proper performance. The observed sign change of Seebeck coefficient is not simply caused by the composition variation at high temperature. It is mainly attributed to the extrinsic-to-intrinsic-semiconductor transition for PbTe nanocrystals due to the competing factors between quantum size effect increasing band gap and self-purification process decreasing their charge carrier concentration, which shift the transition point of nanocrystals to lower range as compare to that of bulk samples. Thus, such phenomenon should be considered carefully in the design of thermoelectric devices using semiconductor nanocrystals, which have attracted much attention recently.

Details

World Journal of Engineering, vol. 9 no. 5
Type: Research Article
ISSN: 1708-5284

Keywords

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Article
Publication date: 19 October 2012

Muhammad Najib Razali and Yasmin Mohd Adnan

This purpose of this paper is to investigate the current level of transparency based on the customised transparency matrix (TM) amongst the top listed property companies…

Abstract

Purpose

This purpose of this paper is to investigate the current level of transparency based on the customised transparency matrix (TM) amongst the top listed property companies in Malaysia, based on capital market value. Furthermore, this paper discusses the concept of transparency from the perspective of Malaysian property markets.

Design/methodology/approach

Data for this research were collected from the top 30 property companies in Malaysia through their annual reports and corporate websites. The indicator of transparency was developed based on various literature surveys and other research findings. Using the developed indicators, the study analysed the transparency attributes from TM of the top 30 listed property companies in Malaysia.

Findings

In terms of transparency levels and widely implemented transparency elements, the findings revealed that Malaysian property companies were within a “good level” range.

Research limitations

The research is based on a study of the top 30 listed property companies in Malaysia based on market capital values as at 30th June 2010.

Originality/value

This paper examines the transparency level of property companies in Malaysia based on each company's current annual report. The findings provide some insights and guidelines for the industry as well as academics on the transparency level particularly in Malaysian property business.

Details

Property Management, vol. 30 no. 5
Type: Research Article
ISSN: 0263-7472

Keywords

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Article
Publication date: 1 August 2016

Yang Zhao, Shengli Deng, Ting Gao and Ruoxin Zhou

This paper aims to investigate the service demand of existing users and potential users for mobile information services provided by university libraries in China. The…

Abstract

Purpose

This paper aims to investigate the service demand of existing users and potential users for mobile information services provided by university libraries in China. The primary objective is to explore the impact of user experience on user needs, which is conducted by a comparison between two user groups over their needs from three aspects – service function, service mode and information content.

Design/methodology/approach

Data were collected from 353 library users from ten Chinese universities via questionnaires. Based on the user needs model, three dimensions of user needs were established for mobile information services and 26 measurement items were generated through a review of the literature. Furthermore, based on frequency analysis, independent samples t-test and the calculation of need rate, the demand differences in mobile information services between existing and potential users were explored.

Findings

Significant differences existed in the needs for service functions and service modes of mobile information services between existing users and potential users. Existing users cared more about such characteristics as intelligence, personalization and the variety of mobile services. Potential users, in contrast, concerned themselves more with the usability of mobile services and similarity to traditional information services. These two user groups showed little difference in the needs for information content, as they both have strict requirements for specialty, richness in and quality of information resources in mobile network environments.

Originality/value

Previous research on user needs for mobile libraries services has been primarily conducted from the perspectives of existing users. This study, however, compared the needs of existing and potential users based on their previous experiences, which can help libraries to know better what their users need and improve the quality of mobile information services to meet those needs. This can also make existing users more willing to use the services and cultivate the usage habits of potential users at the same time.

Details

The Electronic Library, vol. 34 no. 4
Type: Research Article
ISSN: 0264-0473

Keywords

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Article
Publication date: 9 December 2019

Yuan Shi, Luying Zhou, Ting Qu and Qian Qi

The purpose of this paper is to help online retailers who have an existing reselling channel to figure out the risk of introducing an additional marketplace channel and…

Abstract

Purpose

The purpose of this paper is to help online retailers who have an existing reselling channel to figure out the risk of introducing an additional marketplace channel and identify the introduction threshold with an overall consideration to the fulfilment cost and services.

Design/methodology/approach

In order to evaluate the risk of the marketplace channel strategy, this paper develops a Retailer–Stackelberg pricing model. Products are divided into two categories according to different fulfilment cost–value ratio to get a more targeted strategy.

Findings

The results show that the strategy of introducing the marketplace is not always satisfying. Retailers prefer this strategy when they are the prevailing parties in service output. The overall trend is that retailers have to encourage their marketplace partners to improve services for the product with a big fulfilment cost–value ratio. Otherwise, retailers should block the marketplace from entering.

Research limitations/implications

For an intuitive conclusion, this paper assumes that the operating costs (except fulfilment cost) are equal in two channels. This suggests a need to further investigate the impact of other costs. Meanwhile, it would be interesting to examine the competition among suppliers and retailers.

Practical implications

This research provides the suggestions for online retailers who want to introduce and well manage the marketplace channel.

Social implications

This research also helps both academia and industry become more intelligent about the significant influences of category management on channel strategy.

Originality/value

Most prior research is unaware of the risk of introducing a new channel, which also rarely considers how to manage it. This research points out that the effectiveness of this channel strategy differs in different categories. Moreover, retailers can benefit from managing the marketplace’s service output.

Details

Industrial Management & Data Systems, vol. 120 no. 2
Type: Research Article
ISSN: 0263-5577

Keywords

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Article
Publication date: 9 July 2020

Ting Pan, Jiaqing Yan, Shenyun Zhou, Yingjie Cai and Congda Lu

The purpose of this paper is to propose the situation that the existing parking automated guided vehicle (AGV) has a single walking mode, a spin forward motion mode based…

Abstract

Purpose

The purpose of this paper is to propose the situation that the existing parking automated guided vehicle (AGV) has a single walking mode, a spin forward motion mode based on a dual steering wheel driven parking AGV. In this way, the AGV can complete the 180° spin of the AGV in the process of straight forward.

Design/methodology/approach

A spin forward kinematics model of the dual steering wheel AGV is established, and a motion controller of the dual steering wheel AGV is designed based on the principle of model predictive control to complete the path following the spin forward motion mode.

Findings

Computer simulations and laboratory tests were performed on this movement mode, which showed that the operation mode was feasible. It also verified that the mode can improve the handling efficiency, and also solved the problem that the parking space beside the wall could not be set and the site utilization was improved.

Research limitations/implications

The controller should be further improved to make the operation smoother and more accurate.

Practical implications

This mode has the applicability to the indoor logistics AGVs. In addition, it can improve the handling efficiency and also solved the problem that the storage space for goods beside the wall could not be set and the site utilization was improved.

Social implications

This method can solve the problem due to the increasing number of private cars and parking spaces are hard to find. It increases the number of parking spaces and improves the utilization rate of the site. In addition, it also saves people the time to find a parking space and reduces car exhaust emissions in the process. It follows the requirements of sustainable development.

Originality/value

The studies in this paper provide AGV with more ideas on the issue of improving handling efficiency and site utilization and also solves the problem of being unable to set parking spaces when parking against the wall. In addition, this model has applicability to indoor logistics AGV and plays the same role.

Details

Industrial Robot: the international journal of robotics research and application, vol. 47 no. 5
Type: Research Article
ISSN: 0143-991X

Keywords

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Article
Publication date: 16 April 2018

Ting Jin, Wei Shao, Deborah Griffin and Mitchell Ross

This study aims to explore the perceptions about Chinese brands from the point of views of young Chinese consumers.

Abstract

Purpose

This study aims to explore the perceptions about Chinese brands from the point of views of young Chinese consumers.

Design/methodology/approach

A qualitative method is used including focus groups and in-depth personal interviews with young Chinese consumers who are currently living and working in Australia.

Findings

Two key findings emerge from the results, namely, young Chinese consumers attach symbolic values to Chinese brands and Chinese brands are perceived positively by young Chinese consumers.

Research limitations/implications

This study demonstrates that symbolic values (such as pride, lifestyle, feeling of home and being happy) constitute one of the primary motivations for young Chinese consumers’ purchase of domestic brands. The results of this study challenge the traditional view that Chinese brands are perceived negatively in the Chinese market.

Originality/value

This is one of the very few studies investigating how young Chinese consumers perceive brands from their home country rather than foreign brands.

Details

Young Consumers, vol. 19 no. 1
Type: Research Article
ISSN: 1747-3616

Keywords

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Abstract

Details

Advances in Librarianship
Type: Book
ISBN: 978-0-12024-615-1

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