Vol. 04, Issue 01

Recent Submissions

  • U.S. News Spillover Effects: Sectoral Evidence 

    Nguyen, Anh Tho Thi (Pontificia Universidad Católica del Perú. CENTRUMPE, 2011)
    This paper is a study of the spillover effects of U.S. macroeconomic news on different sectors of the Australian stock market. We find that an indication of economic contraction from the United States raises the conditional ...

  • Periodic Integration and Cointegration of U.S. Stock Prices, Dividends, and Interest Rates: A New Test of the Present Value Model 

    Shirwani, Hassan; Delcoure, Natalya; Wilbratte, Barry J. (Pontificia Universidad Católica del Perú. CENTRUMPE, 2011)
    This paper presents a new test of the present value model of stock price determination, using some of the recent advances in the econometrics of seasonal time series. Unlike earlier studies which generally find stock prices, ...

  • Conjoint Analysis and MDS Approach to Brand Improvement of an Aerosol Product 

    Charles, Vincent; Kumar, Mukesh; Anad, Tulika (Pontificia Universidad Católica del Perú. CENTRUMPE, 2011)
    Consumers decide which aerosol product to purchase depending upon its different features or attributes. The importance that consumers give to each attribute, however, differs from one consumer to another. The ability to ...

  • A Model to Improve the Estimation of Baseline Retail Sales 

    Jetta, Kurt; Rengifo, Erick W. (Pontificia Universidad Católica del Perú. CENTRUMPE, 2011)
    This paper develops more accurate and robust baseline sales estimates (sales in the absence of price promotion) using a dynamic linear model (DLM) enhanced with a multiple structural change model (MSCM). We first discuss ...

  • Case-Study of Internationalization in Peruvian SMEs 

    Vásquez, Fernando; Doloriert, Clair H. (Pontificia Universidad Católica del Perú. CENTRUMPE, 2011)
    The aim of the study is to better understand and assess the strategic effectiveness of three Peruvian SMEs, focusing on internationalization and information communication technologies. Through qualitative content and ...

  • Earnings Management and Contests for Control: An Analysis of European Family Firms 

    Jara, Mauricio; López-Iturriaga, Félix J. (Pontificia Universidad Católica del Perú. CENTRUMPE, 2011)
    In this paper, the influence of large shareholders on earnings management in family-owned firms is analyzed using a sample of firms from nine European countries. How contests for control for the largest shareholder and the ...

  • Management in Emerging versus Developed Countries: A Comparative Study from an Indian Perspective 

    Nigam, Roli; Zhang, Su (Pontificia Universidad Católica del Perú. CENTRUMPE, 2011)
    With the opening up of the Indian economy, many Indian multinational companies have started operating abroad in more developed countries. This raises questions about which culture they follow in subsidiaries in developed ...