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According to many surveys of individual's financial goals, the vast majority of North Americans wish to retire prior to age 65. The problem is, very few individuals have a documented plan and savings pattern that will allow them to achieve the goal of early retirement. This paper presents and descri...
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The proposed model of tourists’ behavioural intentions was developed and tested. The empirical tests completed provide support for the critical causal relationships between the constructs in the model. The results reveal that tourists’ overall satisfaction and their perceptions of value have a p...
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Culture is an important part of the tourism “product” and is one of the factors that can improve the competitiveness of a tourism destination. Cultural tourism covers all aspects of travel that provide an opportunity for visitors to learn about another area‟s history and way of life. However, ...
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The proposed model of tourists’ behavioural intentions was developed and tested. The empirical tests completed provide support for the critical causal relationships between the constructs in the model. The results help clarify the roles of perceived quality of performance, perceived quality of exp...
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Research conducted considers the quality of security analysts' earnings forecasts by testing the rationality of forecast revisions for Canadian companies. It appears that when making small positive revisions, analysts overreact; in subsequent periods, forecasts are revised downward. Large positive r...
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Furthermore, if analysts revise their earnings expectations for a company, share prices are expected to shift in the direction of that forecast revision in the period the revision is announced. In the period subsequent to the revision, security returns should be random. The extent of the share price...
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This study attempts to better understand the VFR market in Prince Edward Island, Canada by using data set drawn from Tourist Exit Survey during the period from 2000 to 2004. The study provided an exploratory examination of trip characteristic variables between VFR and pleasure travellers and identif...
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The impact that revisions of financial analysts' forecasts of earnings have on Canadian security returns during the 1979-1988 period is tested using an event study methodology. A post-revision announcement drift in security prices is documented; the Canadian capital market displays a marked delay in...
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The mean monthly excess returns and pre- and postrevision period cumulative excess returns over the whole sample period (CARs) and for each year were then calculated for the two revision portfolios (Table 2, next page). In the months leading to a forecast revision, the results are as expected, given...