Journal title
ISSN: 2146-4138    frecuency : 4   format : Electrónica

Issues

      see all issue


Skip Navigation Links.

Volume 10 Number 3 Year 2020

31 articles in this issue 

Purwanto Purwanto,Isnain Bustaram,Subhan Subhan,Zef Risal

This study discusses about good corporate governance implementation which in this study includes managerial ownership, institutional ownership, and audit committee which rated as capable to improve the images on banking which were bad, protect the stakeho... see more

Pags. 1 - 6  

Federico Gagliolo,Gabriele Cardullo

This article focuses on the study of value and growth stocks in the Italian market during the period 2001-2018, trying to understand if there is a difference in terms of return between the two share classes and which could be the explanation. The analysis... see more

Pags. 7 - 15  

Gurmeet Singh,Muneer Shaik

This study investigates the expiration effects of stock index futures before and after the introduction Bank Nifty weekly options from April 2013 to June 2019. To check for the expiration effects, the volume and mean returns for expiration groups is compa... see more

Pags. 16 - 23  

Shireen Mahmoud Al-Ali

The study seeks to show the effect of dividend distributions on the market share price of Jordanian Islamic financial companies for the period 2010-2018, as represented by (Jordan Islamic Bank, Arab International Islamic Bank, Al-Safwa Islamic Bank, First... see more

Pags. 24 - 28  

Rim Ammar Lamouchi

This paper examines the market efficiency of Saudi Arabia stock exchange market namely Tadawul All Share Index, TASI, for the period from 1998 to 2020. To test the efficiency of stock market, we analyze the dependence structure of stock market index retur... see more

Pags. 29 - 34  

Blerina Dervishaj,Teftjola Xhaferi

The study aims  to measure the impact of psychological biases on financial decisions of the albanian individual investor. The paper uses primary data provided through structured interviews with 180 individual investors and one semi-structured intervi... see more

Pags. 35 - 46  

Jeerawadee Pumjaroen,Preecha Vichitthamaros,Yuthana Sethapramote

The study proposes a partial least squares structural equation modeling (PLS-SEM) evaluating the relationship among composite leading indices (CLIs) to forecast the economic cycle (EC) instead of using only individual CLI. The model of quarterly data in T... see more

Pags. 47 - 57  

Blessy Augustine,Lakshmi Kumar

Indian Rupee has depreciated around 50 percent against the US Dollar for the last two decades. This depreciating trend generally doesn’t call for any policy interventions as the conventional theories state that it is advantageous for the domestic eco... see more

Pags. 58 - 68  

Beldi Lamia,Mouldi Djelassi

The political transition in the Arab Spring countries has been accompanied by a deterioration of economic and financial indicators like in the Tunisian case. This paper aims to get a deeper understanding of the nature of the rule that reflects the behavio... see more

Pags. 69 - 78  

Urkhan Alakbarov,Ziyafat Habibova,Rajab Rahimli

  The main objective of sustainable and comprehensive economic development is the successful implementation and integration of human resources into national programs and development policies. To attain such all-inclusive and maintainable levels ... see more

Pags. 79 - 82  

Brahmaiah Bezawada,Sager Reddy Adaelli

The paper examines the corporate governance, board characteristics, performance and asset quality of Indian banks and investigates the impact of a set of board characteristics on performance and asset quality of banks. We use a sample of 34 scheduled comm... see more

Pags. 83 - 87  

Amjad S. Qwader,Sulieman D. Aloshaibat

This study aims to identify the role of the main components of the public budget for influencing public debt in Jordan through an econometric study. In particular, the EViews 9 program is applied to the annual time series of public debt, current expenditu... see more

Pags. 88 - 96  

Nikolaos Satsios,Kostas Karamanis,Aikaterini Galanou,Ioannis Sotiropoulos

This research intends to shed light on the relation between individuals’ saving motives and their intention towards saving, by examining the effect of background characteristics on a sample of 400 Bulgarian Pomaks. Findings revealed that future uncertaint... see more

Pags. 97 - 101  

Jorge Luis Sanchez Arevalo,Edgard Monforte Merlo

The objective of the study was to estimate the impact of the interoceanic highway construction on trade facilitation between Brazil and Peru, especially in the states linked to the highway. The methodology starts from a panel data econometric approach. Th... see more

Pags. 102 - 110  

I. Nyoman Normal

The purpose of this study is: to calculate the cost of goods manufactured, determine the selling price, and recognize the value of the inventory of water filter pots made from Darmasaba clay. The results showed that the Pot water filter (DA 28.0 - DB 17.5... see more

Pags. 111 - 124  

Syed Fahad Ali Shah,Arif Hussain,Muhammad Khan,Julija Jacquemod,Zahir Shah

Various efforts are made to quantify and explain risk taking behavior including systematic risk with in financial institutions. This study is about determining various factors affecting commercial banks systematic risk in Pakistan. Sample included in the ... see more

Pags. 125 - 129  

Norhazlina Ibrahim,Obiyathulla Ismath Bacha,Mansor H. Ibrahim,Hishamuddin Abdul Wahab

The issue of liquidity and the under development of the Organization of Islamic Cooperation (OIC) stock markets have been a hindrance factor for companies in those countries to seek fund and capital. Due to this reason, many companies choose Depositary Re... see more

Pags. 130 - 138  

Hashmat Ali,Zulfiqar Ali Menon,Ajab Khan,Muhammad Muddassar Khan,Imad Ali,Khan Baz,Muhammad Arif,Manzoor Hussain,Waqar Jalal

Motivated by the previous literature on investor sentiment and assuming that terrorist activities affect investor mood, this study attempts to address the psychological impact of terrorism for investors in Pakistan stock market. Apart from a direct econom... see more

Pags. 139 - 148  

Sami Ullah,Zilakat K. Malik

Modern economist emphasized human capital formation for socio-economic development. Human capital theory considered education and training essential tools for human capital formation. This study was conducted to analyze what factors determines participati... see more

Pags. 149 - 157  

Gülsah Gençer Çelik

This paper examines the volatility of the tourism sector in Borsa Istanbul in Turkey, paying special attention to the role of exchange rate exposure in the process. The GARCH, BJR (TARCH) and EGARCH models are employed to estimate the volatility in the st... see more

Pags. 158 - 165  

Atef Ghalwesh,Shimaa Ouf,Amr Sayed

Nowadays the world discuss the problem of the cryptocurrency and shows several risks in dealing with this new investment or banning it by governments and the main issue of this paper is how can the third part ex: (exchange market for trading cryptocurrenc... see more

Pags. 166 - 173  

Mohammed Jerbeen,Faisal Alnori

This study investigates the impact of the geographical location of firms’ headquarters on the capital structure decisions of listed non-financial firms in Saudi Arabia. In examining this, we compare the leverage levels among firms ,which their headquarter... see more

Pags. 174 - 186  

Van-Thep Nguyen,Day-Yang Liu

This study aims to check whether ownership structure affects Vietnamese commercial banks’ profitability or not and identify factors influencing Vietnamese commercial banks’ profitability as well. Utilizing the Bayesian Model Averaging (BMA) model applying... see more

Pags. 187 - 194  

Brinda Sooreea-Bheemul,Uzma Shataz Rasool,Rajeev Sooreea

This paper examines whether economic freedom matters to inward Foreign Direct Investment in Sub-Saharan Africa. A key contribution of this study is that it uses disaggregated measures of economic freedom from the Heritage Foundation and the Fraser Institu... see more

Pags. 195 - 207  

Abhay Kumar,Rashmi Soni,Iqbal Thonse Hawaldar,Meghna Vyas,Vaibhav Yadav

The purpose of this study is to test whether the Indian pharmaceutical companies support efficient market hypotheses (EMH) and examine the efficiency of the Indian stock market in three forms, i.e., the weak, the semi-strong, and the strong form of market... see more

Pags. 208 - 216  

Abu Bakarr Tarawalie,Noah Kargbo

This paper empirically examines the relative effectiveness of fiscal and monetary policies on economic growth in Sierra Leone. The study utilizes annual time series data, spanning from 1980 to 2017, within an Autoregressive distributed Lag (ARDL) Bound Te... see more

Pags. 217 - 224  

Blessing Ropafadzo Chigunhah,Ezekia Svotwa,Gerald Munyoro,Tendai J. Mabvure,Ignatius Govere

Bank credit is indispensable for commercializing and modernizing the agricultural sector in developing economies like Zimbabwe, where agriculture is the key pillar of livelihoods. This study sought to establish the relative importance of private capital f... see more

Pags. 225 - 235  

Lesi Hertati,Marlina Widiyanti,Desfitrina Desfitrina,Afriapollo Syafarudin,Otniel Safkaur

A crisis is a period associated with events that occur unexpectedly that have a negative impact on the organization. The economic crisis is caused by an unforeseen world situation so it must provide a fast, precise and accurate decision so as not to affec... see more

Pags. 236 - 244  

Salma Zaiane,Rabeb Jrad

The paper investigates the dynamic linkages between exchange rate (against US dollar) and the stock market (local currency) of Tunisia from January 2004 to April 2017. In particular, the paper tries to answer if there are any correlations between these va... see more

Pags. 245 - 254  

Rodah Mong’ina Nyabaga,Joshua Matanda Wepukhulu

A country‘s economy relies majorly on the banking sector. This study examined the effect of firm characteristics on financial performance with a focus on listed banks in the Nairobi Securities Exchange for the period from 2010 to 2018. The bank characteri... see more

Pags. 255 - 262  

Tayyab Zeeshan Shahid,Farah Naz,Sana Sehar,Sarfraz Hassan,Ahsan Butt

This paper primarily focuses upon the adoptability of set of governance mechanisms evolved by the Securities and Exchange Commission of Pakistan (SECP) by the listed firms at Pakistan Stock Exchange (PSX). Purposefully, one of the heavily contributing ind... see more

Pags. 263 - 268