The Theory and Practice of International Tourism Demand Modelling. The volatility inherent in tourism flows and limited data availability are crucial issues in estimating and testing tourism demand models, and providing accurate predictions of international tourism. This project analyses critically the theoretical and finite sample properties of alternative techniques for evaluating the empirical performance of international tourism demand models. The significance of the project is the developm ....The Theory and Practice of International Tourism Demand Modelling. The volatility inherent in tourism flows and limited data availability are crucial issues in estimating and testing tourism demand models, and providing accurate predictions of international tourism. This project analyses critically the theoretical and finite sample properties of alternative techniques for evaluating the empirical performance of international tourism demand models. The significance of the project is the development of an optimal method for estimating and testing tourism demand and volatility, an evaluation of alternative statistical techniques using extensive Monte Carlo simulation experiments, and the dissemination of research findings regarding sensible econometric practice to policy-makers in the private and public sectors. Read moreRead less
The Role of Directors in CorporateTakeovers. This research deals with one of the causes and consequences of mergers and acquisitions (M&A) for boards of directors of companies involved in M&As. The Federal Government's Corporate Law and Economic Reform Program (CLERP), Paper No:3 states that corporate governance practices by Australian companies should be continuously monitored by the Australian Stock Exchange and relevant industries and professional bodies. Our research on the extent to which ....The Role of Directors in CorporateTakeovers. This research deals with one of the causes and consequences of mergers and acquisitions (M&A) for boards of directors of companies involved in M&As. The Federal Government's Corporate Law and Economic Reform Program (CLERP), Paper No:3 states that corporate governance practices by Australian companies should be continuously monitored by the Australian Stock Exchange and relevant industries and professional bodies. Our research on the extent to which directors get penalised and/or rewarded for acquisition decisions depending on the outcomes of the M&A, contribute towards this monitoring.Read moreRead less