59 articles in this issue
Iftekhar Ahmed,Abul Bashar Bhuiyan,Yusnidah Ibrahim,Jamaliah Said,Mohammed Fuad Mohd Salleh
The purpose of the study is to examine the social accountability and argue comparison of outreach level of microfinance institutions in member countries of South Asian Association for Regional Cooperation (SAARC). The inquiry has employed quantitative res... see more
Idris Ahmed,Norlida Abdul Manab
Corporate scandals and the fall of world leading business organizations have triggered scholars and professionals to re-examine the link between risk management initiatives and the performance of business organizations. The objective of this paper is to p... see more
Chung-Fu Lai,Xi-Tsz Lee
This paper presents New Open Economy Macroeconomics as the analytical framework in attempt to integrate the characteristics of imperfect competition market and anti-dumping behavior into a two-country (home country and foreign country) model with micro-fo... see more
Sanderson Abel,Pierre Le Roux
The study sought to establish the determinants of banking sector profitability in Zimbabwe during the period 2009-2014. The study specifically looked at the evolution and determinants of banking sector profitability after Zimbabwe adopted a multicurrency ... see more
Hazem Al Samman,Chadi Azmeh
This study investigates the influence of financial liberalization on economic growth in developing countries indirectly through their effect on financial development. It selects the size and activity of the financial system as indicators of financial deve... see more
Hassan Ismail Hassan,Ammar Jreisat
Based on a two stage method this paper investigates the determinants of the cost efficiency of Egyptian banking sector. Employing Data Envelopment Analysis (DEA). we compare the cost efficiency of large, medium and small banks and the cost efficiency of f... see more
Aleksandar B. Todorov
The study assesses the competitive behavior in the Bulgarian general insurance industry by applying an empirical methodology developed by Panzar and Rosse (1987). Based on company data from insurers' balance sheets and profit and loss accounts for the per... see more
Ebru Caglayan Akay,Sinem Guler Kangalli Uyar
The aim of this study is to investigate that how economic conditions change when crude oil shocks occured in 1980-2013 for MIST countries. Another objective of the study is to determine accurately the functional forms of the relationships between oil pric... see more
Abdulmumini Baba Alfa,Mohd Zaini Abd Karim
In assessing the impact of child labour hours and educational performance on child relationship with head, an analytical model was developed based on the theories of Basu and Van (1998), and Fan (2011). Empirical data were obtained from Socio-Economic Sur... see more
Panagiotis Dimitropoulos
The scope of this study is to examine the characteristics of football clubs that choose a high quality auditor and whether this audit selection process was different before and after the implementation of UEFA’s Financial Fair Play Regulation (FFP). The s... see more
Nurlan Kurmanov,Dametken Dametken Turekulova,Gulashar Doskeyeva,Gulzhan Alina
The purpose of this study was to determine key factors that have a major influence on innovative activity of the SME in Kazakhstan. In this paper, statistical analysis of indicators of innovative growth in the Republic of Kazakhstan was conducted. The ind... see more
Filzah Mohamed Othman,Nor Aiza Mohd-Zamil,Siti Zaleha Abdul Rasid,Amin Vakilbashi,Mozhdeh Mokhber
The present paper examined the review of literature related to measuring relative efficiency of banks using Data Envelopment Analysis (DEA). The efficiency of banks is measure through the ability of the individual bank to maximise output given a certain l... see more
Azza Mohamed Hegazy
Using the Generalized Method of Moments (GMM) methodology on a panel dataset of 43 developing countries covering the period of 2000-2012, this study provides an econometric evidence that child mortality relates to mobile phone, health expenditure, gross d... see more
Pavel Štáfek,Petra Šánová,Zuzana Novotná,Adriana Laputková
The aim of this paper is to evaluate effectiveness of retraining as an instrument for solving the problem of structural unemployment in the Czech Republic for the period of 2004-2011. Its partial aim is to determine indicators which assess retraining cour... see more
Faik Bilgili
This paper explores relative price convergence for 18 cities in Turkey. The convergence implies stationarity in the long run. Henceforth, to observe whether price convergence occurs or not, this study conducts unit root tests following Lee and Strazicich ... see more
Jauhari Dahalan,Hussin Bin Abdullah,Mohammed Umar
The study measures financial stress index for Malaysian economy. We aggregate the identified financial and economic factors into a single index using the principal component analysis (CPA). The result shows that MFSI increases as a result of increase in b... see more
Sobir Shukurov,Mansoor Maitah,Luboš Smutka
This paper clarifies the macroeconomic gains from privatization during the transition period in Uzbekistan. The choice of this country is due to its stable macroeconomics performance beginning from 1996 onwards, and author’s related work experience at The... see more
Shamsul Bahrain Mohamed-Arshad,Kamarun Nisham Taufil-Mohd,Nurwati Ashikkin Ahmad-Zaluki
This paper examines the market reaction at the expiration of IPO lockup on share prices and trading volume. The sample consists of 292 IPOs listed on Bursa Malaysia between May 2003 and December 2012. IPO lockup in Malaysia is mandatory as opposed to volu... see more
Zaroug Osman Bilal,Badreldin F. Salim
This research aims to investigate and examine the impact Basel III Implementation on financial performance of commercial banks in Omani. The annual data for all Omani commercial banks during 2013-2015 are used for calculating key financial ratios in order... see more
Sallahuddin Hassan,Musa Murtala
Exploring the causal relationship among exports, FDI and economic growth is of enormous importance for the policy implications the causal process among the variables assume. The relevance of investigating the causal relationship between inward FDI and exp... see more
Daryoush Soleimani,Mansoor Maitah,Karel Malec,Sylvie Kobzev Kotásková
EU and China established diplomatic relations in 1975, and now became mutually indispensable economic partners, presenting both an opportunity and challenge. During that time, after the first market reforms which were introduced in 1978, China has transit... see more
Xiangsheng Dou
The key to China's economic openness is financial opening. Therefore, the correct measurement of China's financial openness is important for reform and opening up and the formulation and implementation of associated policies in China. This paper develops ... see more
Olga Kalinina
This article suggests a mathematical justification of the possibility of transition to progressive taxation on personal incomes, allowing socially redistribute the tax burden between different groups without losing the total amount of tax yield to the sta... see more
Shrutikeerti Kaushal,Amlan Ghosh
Development of insurance and banking institutions is one of the fundamental constituents that plays an important role in stimulating financial development and thereby the growth of the economy in any country. However the causal effect of these financial i... see more
Yahya Ali Al-Matari,Sallahuddin Hassan,Hassan Alaaraj
The high level of completion along with deceitful financial reporting has recently pointed the increasing consideration of researchers and academicians on the internal controls and internal audit functions (IAF). IAF in banks has several principles that a... see more
Bauyrzhan Yessengeldin,Diana Sitenko,Gulnaz Murzatayeva,Anar Yessengeldina
The article describes the development of market mechanisms of high-tech sector of innovation system of the Republic of Kazakhstan. The structure of domestic expenditure on research and development of different countries is analyzed. The article revealed t... see more
E.M. Afsal,Mohammad Imdadul Haque
The price movements in gold market are considered to detect non-linear dependencies with stock market in the Saudi Arabian context. Both the univariate and multivariate models of GARCH class are employed in this study. Initially, the work uses GARCH (1,1)... see more
Azize Esmeray,Murat Esmeray
In this study, the linkage between export and profit performance is analyzed. In order to see the relation, we employ Least Square analysis for the period of 1993-2014 by taking 500 largest companies in Turkey. It is concluded that both export and profit ... see more
Natalia Alexandrovna Vorobeva,Svetlana Alexandrovna Beletskaya,Mikhail Vladimirovich Kolesnikov
The article explores the innovation development of Russia and the integration process of the Asia-Pacific region. The analysis based on the evaluation of the level of innovation activities in the regions of Russia, which are the main basis of the innovati... see more
Khurram Ashfaq,Rui Zhang,Abdul Munaim,Naveed Razzaq
The purpose of this paper is to find the determinants of quantity as well as quality of the risk disclosures in annual reports of banking sector of Pakistan. The paper employs the word count approach to measure the quantity of risk disclosures in annual r... see more
Serhat Yüksel,Shahriyar Mukhtarov,Elvin Mammadov
In this paper, we made a comparison about the efficiency of Turkish and Azerbaijani banks. Within this scope, we analyzed 10 biggest banks of both countries regarding asset size. Furthermore, data envelopment analysis (DAE) was used for the data between 2... see more
Evgenie P. Zharicov,Alla A. Kravchenko,Olesya O. Sergeeva,Victor V. Stetsyuk
The article focuses on the estimation of bilateral transboundary trade between Russia and China. The authors have suggested a hypothesis about the factors, which influence trade flows between the countries involved in trade relations. The research has res... see more
Yiannis Kokkinakis
Capital investments by Greek banks in South Eastern Europe expanded rapidly during the period immediately before and after the introduction of the Euro. Through mergers and acquisitions, direct investments in a network of affiliated banks and subsidiary c... see more
Kiran Kumar Kotha,Bhawna Sahu
The rapid growth of Indian economy during the last two decades raises empirical questions regarding the fundamental connection between stock price and key macroeconomic indicators. This paper aims to examine long and short run relations between selected m... see more
Farahnaz Orojali Zadeh,Siti Zaleha Abdul Rasid,Rohaida Basiruddin,Nor Aiza Mohammmed Zamil,Amin Vakilbashi
This study discusses the development of risk disclosure policy in Malaysia after the 1997 financial crisis and provides evidence on the importance of risk disclosure over the recent years. Analysis on the trend of risk disclosure based on the new developm... see more
Tanveer Bagh,Muhammad Imran Nazir,Muhammad Asif Khan,Muhammad Atif Khan,Sadaf Razzaq
The purpose of this study was to empirically explore the impact of working capital management on firms performance of chosen manufacturing firms listed in Karachi Stock Exchange (KSE). The quantitative research methods, correlation matrix and multiple reg... see more
Musa Salihu Ewugi,Mohd Zaini Abd Karim,Roslan Abdul-Hakim
The objective of the study is to examine the impact of Shiroro Hydro Electricity Dam (SHED) on the happiness of the host community. In order to achieve this aim, Propensity Score Matching techniques is employed, which involved two research points – Shiror... see more
Mohammad-Hossein Setayesh,Gholamreza Rezaie,Mostafa Kazemnezhad
The aim of this paper is to investigate the role of investment in research and development (R&D) in relationship between corporate governance and company performance in the Tehran Stock Exchange. In this regard, ownership concentration and debt ratio were... see more
Badreldin F. Salim,Mohamed H. Mahmoud
This paper investigates the difficulties facing Islamic finance performance during the financial crisis times and to what extent whether the time has now come to considered it as suitable alternative in such situations as there is general believe that it ... see more
Ali Osman Solak,Burhan Kabadayi
In this study, housing demand in Turkey was examined with Bounds Testing Approaches for the period of 1964-2014. The total square meters of houses sold was taken as housing demand. The explanatory variables of the study are the real price of one square me... see more
Sumathi Kumaraswamy
As an extension of prior literatures that proved the relationship between working capital and firm performance, the present study aims to explore the impact of working capital on the firm performance of Cement Manufacturing GCC firms for a period of 2008-... see more
D. T. Kingsley Bernard,Low Lock Teng Kevin,Aye Aye Khin
Determining microfinance services which facilitate entrepreneurial success among women entrepreneurs who use such services remains a major issue in the microfinance sector. To address this gap, this study was designed to tap into microfinance services con... see more
Fan Feng
Opening has an important impact on economic development. However, due to the fact that various regions have different economic structure and development level, there are differences in the size of its actual effect. Using extended Solow model and 2002 --2... see more
Oguzhan YILMAZ
In this article the relation between financial development and growth is examined with the help of the Romer model. In the model growth of the economy is sustained by consistent innovations and openings of new sectors that require large scale and long-ter... see more
Wan Mohd Nazri Wan Daud,Norlia Mat Norwani,Anizawati Ahmad Mansor,Wan Anisah Endut
This paper examined the impact of financing decision on performance among Malaysian public listed firms in Bursa Malaysia. Previous studies did not examine the relationship between selection of capital structure and performance in the perspective of firms... see more
Kehinde Adekunle Adetiloye,Felicia Omowunmi Olokoyo,Joseph Niyan Taiwo
Fraud and internal control issues dominate banking operations as concerns that impinge adversely on banks’ reputation for safety and performance. This paper examines the issues of internal control vis a vis fraud prevention in the banking industry, adopti... see more
Bee-Hoong Tay,Pei-Tha Gan
The empirical studies on investors’ investment reward rarely focus on the performance of excess returns across the developing and developed countries: investment in the developing countries has higher risk thus requires higher return compared to developed... see more
Phuc Van Nguyen,Phong Thanh Nguyen,Quyen Le Hoang Thuy To Nguyen,Vy Dang Bich Huynh
This study aims at identifying and ranking social capital indicators in the measurement model for Vietnam context. The analytic hierarchy process is adopted to explore the relative importance of each dimension in the integrated social capital index. The o... see more
Emmanuel Numapau Gyamfi,Kwabena A. Kyei
The study seeks to investigate whether non-linear patterns are present in the returns of two indices on the stock markets in Ghana and Nigeria between the period of 2011 and 2015.The results of applying four linearity tests on the returns concluded that t... see more
Muhammad Azam,Muhammad Haseeb,Aznita binti Samsi,Jimoh Olajide Raji
The main purpose of this study is to examine the role of stock markets in economic growth for four Asian countries namely Bangladesh, India, China and Singapore. Annual time series cross country data over the period 1991 to 2012 and Autoregressive Distrib... see more
Marwa A. Elsherif
Egypt has passed through different development stages, followed different exchange rate regime at each, ranging from fixed to floating. This study tries to examine empirically how Central Bank of Egypt actions influence exchange rate volatility using GARC... see more
Farid Ameur,Mohamed Tkiouat
In this paper, we analyze the attitudes of taxpayers regarding tax system. We propose an approach which combines between theory and practice. In the first step, we present a normative approach; based on a theoretical study. In order to produce an empirica... see more
Findik Ozlem Alper,Ali Eren Alper,Okyay Ucan
Changes occuring in the health sector and in terms of society within the last 100 years in the world has extended the life expectations at the time of birth and decreased the birth rates. These changes have been experienced especially in developed countri... see more
Syamsul Hidayat Pasaribu
This paper presents a dynamic probit analysis of individual unemployment incidence using a panel survey on the National Socio-Economy (SUSENAS), 2008-2010. It compares a variety of dynamic random effects estimators, particularly focusing on the Heckman’s ... see more
Iwan Sidharta,Azhar Affandi
The success of a company in high level competition requires public trust. Similarly, the banking services provider of Rural Banking Sector in Java, Indonesia. To keep customer satisfaction with high trust of financial performance that customer loyalty can... see more
Ilham Boularhmane,Rajae Aboulaich
Even though companies’ valuation techniques have evolved and have been developed into more sophisticated methods, there is still a big dilemma in the investing world about finding the price of a company. Our research focus on finding the price for a compa... see more
Anak Agung Gde Satia Utama,Reza Renaldi Mirhard
The purpose of this paper is to examine the influence of Sustainability Report (SR) disclosure as moderating variable towards the impact of Intellectual Capital (IC) on company's performance based on 21 companies listed in Indonesia Stock Exchange (IDX) a... see more
Daniel Broby,Raphael Faessler,Milenko Josavac,Christophe Dehut
We investigate the diversification benefits of adding Switzerland to a Eurozone equity portfolio, both before and after the removal of Swiss franc peg to the euro. We use a mean-variance portfolio framework to compare the benchmark indices in the Eurozone... see more
Christie Dike
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