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ISSN: 2146-4138    frecuency : 4   format : Electrónica

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Volume 5 Number 2 Year 2015

35 articles in this issue 

Alaaeddin Al-Tarawneh,Mohmmad Khataybeh

This paper attempts to explain the banking performance in Jordan to draw out the implications of related theories and evidence for policy makers. Accordingly, they can influence the banking industry, which, in turn, impacts the economy overall. We investi... see more

Pags. 312 - 323  

Kasilingam LINGARAJA,Murugesan SELVAM,Vinayagamoorthi VASANTH,Ramachandran RAJESH RAMKUMAR

The international portfolio diversification is a function of correlation of equity markets across countries and the amount of correlation one market has with another, decides the scope of portfolio diversification. The market having high correlation with ... see more

Pags. 324 - 333  

Atif Abbasi,Qaisar Ali Malik

The main determination of the research is to pinpoint the moderating inspiration of firm size between the relationship of firm growth and firm performance. In the study Null and alternative hypothesis have been constructed, Null hypothesis is concerning t... see more

Pags. 334 - 339  

Ming-Feng Hsu,Shiow-Ying Wen

This paper examines the influence of the proportion and stability of insider’s and institutional shareholdings on earnings management after initial public offerings (IPOs) firms in Taiwan, covering data in Taiwan Stock Exchange and GreTai Securities Marke... see more

Pags. 340 - 353  

Fethi Belhaj,Ezzeddine ABAOUB

This paper empirically examines the relationship between trading volume and conditional volatility of returns in the Tunisian Stock Market within the framework of the Mixture of Distribution Hypothesis (MDH) and the Sequential Information Arrival Hyp... see more

Pags. 354 - 364  

Bounlert VANHNALAT,Phouphet - Kyophilavong,Alay PHONVISAY,Bouason SENGSOURIVONG

This research paper focuses on estimating the impact of Free Trade Agreements (FTAs) between Lao PDR and 32 trading partners. The panel gravity model has been applied over the period of 1996-2011. The overall findings indicate that the preferential utiliz... see more

Pags. 365 - 376  

Mohamed MAHJOUBI,Ezzeddine ABAOUB

This research is a feedback to the call from Richardson et al. (2010) for more structure in researchers’ forecasting frameworks. The purpose is to study the ability of three technical earnings forecasting methods (smoothing, random walk and cross-section)... see more

Pags. 377 - 389  

Han Ching Huang,Yong-Chern Su,Jen-Tien Tsui

This paper uses four asymmetric GARCH models, which are GJR-GARCH, NA-GARCH, T-GARCH, and AV-GARCH to compare their performance on VaR forecasting to the symmetric GARCH model. In addition, we adopt four different mean equations which are ARMA(1,1), AR(1)... see more

Pags. 390 - 398  

Burcu Yavuz Tiftikcigil

Regional development policies became a current issue within a totally new scope with the increasing importance of local activities by the 1990s. During this period, states having a national perspective on development were replaced by 'regional development... see more

Pags. 399 - 409  

Makram Ahmed NOUAILI,Ezzeddine ABAOUB,Anis OCHI

The banking sector in Tunisia has undergone, in the past decades, numerous structural changes which have affected the banking industry in particular and the economy as whole. This paper studies the internal and external determinants of bank performance in... see more

Pags. 410 - 417  

Kartal Demirgünes

The aim of this study is to find out the determinants of target dividend payout ratio of BIST-listed firms operating in the non-metallic products (cement) manufacturing industry in the period of 2002-2012. Through this aim, the short and long-run effects ... see more

Pags. 418 - 426  

Ersin Açikgöz,Hasan Uygurtürk,Turhan Korkmaz

In this study, the level of relationship between the real growth rate of the stock pension mutual funds that have been involved in the individual pension system and the variables such as the number of fund participants, the real fund returns, fund operati... see more

Pags. 427 - 433  

Serap Coban

This paper investigates the causal relationship between financial development and export performance of firms in manufacturing sector in Turkey over the 1991-2012 period. After constructing banking sector and stock market financial development indexes and... see more

Pags. 434 - 440  

Serdar Kurt

This paper aims to test the direct and indirect (external) effects of health expenditures on economic growth using the Feder-Ram model. It uses aggregate and manufacturing industrial production as total output, total government health expenditures, genera... see more

Pags. 441 - 447  

Madalin Viziniuc

This survey reviews the research regarding the general frameworks used for the specification of financial market frictions in Dynamic Stochastic General Equilibrium models. Within the related literature, financial frictions are considered to be the prime ... see more

Pags. 454 - 460  

Muhammad Ali Nasir,Junjie Wu,Milton Yago,Haohong Li

This paper investigates the factors which determinate internet banking decisions among UK internet banking customers based on a survey which resulted into 191 usable questionnaire respondents randomly collected from a UK city. A Linear Regression techniqu... see more

Pags. 461 - 468  

Mawih Kareem Al Ani

This study aims to examine the associations between strategic variables and use the PBP in evaluating the capital budgeting decisions from the perspective of managers and investors in Oman. These variables are risk, liquidity, profitability, market obstac... see more

Pags. 469 - 475  

Waeibrorheem Waemustafa,Suriani Sukri

The study analyzes the macroeconomic and bank specific determinants of credit risk in Islamic and Conventional Banks. Multivariate Regression analysis is applied on the sample of 15 conventional banks and 13 Islamic Banks in Malaysia over the period betwe... see more

Pags. 476 - 481  

Oyebola Fatima Etudaiye-Muhtar,Rubi Ahmad

The issue of target leverage for corporate firms in developing countries has received little attention in extant literature, especially countries in Africa. Given the imperfection that exists in African financial markets that may limit firms access to ext... see more

Pags. 482 - 488  

Augustine C. OSIGWE,Kenneth Obi

This study adopted a modified traditional import demand framework to examine the effects of capacity utilization rate on imports of raw materials in Nigeria. A number of striking results emerged from the analysis of data. 1 percent increase in capacity ut... see more

Pags. 489 - 492  

Nurullah Gur

In this paper we analyse the effect of financial integration on employment growth. The results show that financial integration increases employment growth relatively more in financially dependent industries when we use de jure measure of financial integra... see more

Pags. 493 - 500  

Georgeta Vintila,Stefan Cristian Gherghina

The aim of this study is to research the influence of ownership structure on firm value in order to provide, from our knowledge, the first results for the case of the Bucharest Stock Exchange listed companies. Therefore, we have considered the shareholdin... see more

Pags. 501 - 514  

Samet Günay

In this study, the parameters of chaos are analyzed for the leading emerging stock markets: Brazil, Russia, India, China, and Turkey (BRIC-T). As chaos has properties such as nonlinearity, sensitivity to initial conditions, and fractality, we performed di... see more

Pags. 515 - 522  

Pinar Hayaloglu

Logistic sector, which is considered as an important interface of increased international trade in consequence of globalization, plays an important role on countries’ economic growth and development. A development in logistic sector facilitates the intern... see more

Pags. 523 - 530  

Mehmet Islamoglu,Mehmet Apan,Adem Ayvali

In this study, it was aimed to investigate the factors that influence individual investor behaviour. The data used in the study were obtained via survey method from bankers in Bartin, Turkey. Descriptive analysis was conducted in order to summarize the em... see more

Pags. 531 - 543  

Fizza Tassadaq,Qaisar Ali Malik

This paper empirically and critically investigates the issue of creative accounting in financial reporting. It not only analyzes the ethical responsibility of creative accounting but also focuses on other factors which influence the financial reporting li... see more

Pags. 544 - 551  

Safet Kurtovic,Sead Talovic

This paper's main objective is to research the effect of liberalization of trade with the European Union (EU) and its impact on the reduction in trade balance deficit of CEFTA 2006 (Central European Free Trade Agreement). It utilizes panel data time-serie... see more

Pags. 552 - 565  

Ahmet Tanc,Kadir Gokoglan

The aim of this study is investigating the sensitivity of manufacturing companies operating in the Organized Industrial Zone of Diyarbakir to environmental issues and environmental accounting approaches within the scope of social responsibility accounting... see more

Pags. 566 - 573  

Sufi Faizan Ahmed,Qaisar Ali Malik

The main aim of the paper is to evaluate the influence of credit risk management practices on loan performance while taking the credit terms, client appraisal, collection policy and credit risk control as the dimensions of the credit risk management pract... see more

Pags. 574 - 579  

Mehmet NAR

Evaluating the economic behaviors in terms of psychology was considered as irrational at the beginning and this situation was rejected by also many economists. However, these approaches have been exposed to heavy criticism in recent years. Especially whil... see more

Pags. 580 - 589  

Takawira Tyavambiza,Davis Nyangara

The study employs the Granger causality test in a multivariate cointegration and error correction environment to examine the relationship between financial development and economic growth in Zimbabwe. Using annual data from 1980 to 2012, and after control... see more

Pags. 590 - 602  

Helmi Hamdi,Ali Said,Rashid Sbia

The broad aim of this paper is to estimate the money demand function for the case of six Gulf Cooperation Council countries. By applying panel cointegration tests, the empirical results reveal strong evidence of cointegration between the variables of the ... see more

Pags. 603 - 612  

Nimantha Manamperi

This paper provides a comparative analysis on different financial stress indexes available for the United States. The main objective of these stress indexes is to provide detailed insights about the financial conditions in the U.S. economy. In general, al... see more

Pags. 613 - 623  

Onur Gozbasi,Alper Aslan

One of the main lacks of the profit persistence literature is the fact that it focuses on only manufacturing, banking and food industries. This study, for the first time, extends the literature by considering the intensity of competition in 13 energy comp... see more

Pags. 624 - 628