2023 December - 32 articles
This research delves into the intricate dynamics underlying the impact of investments on global output, employing the Leontief matrix as a robust analytical framework. Investments wield a profound influence on economies worldwide, with varying effect...
In this paper, we follow the suggestions of past literature to further explore the prediction of the profitability direction by employing different machine learning algorithms, extending the research in the European setting and examining the effect o...
This study aimed to verify the impact of financial preparation for retirement and risky indebtedness behavior on perceived financial well-being. A survey was carried out with 2290 individuals from diverse sociodemographic and economic profiles who re...
It is generally perceived that the effective implementation of an adequate internal control system prevents and controls an entity’s risks and improves its procedures and performance. This study empirically investigates the relationship between...
Using a unique sample of 13,412 firm-year observations from 19 countries of the emerging economies for the period of 2011 to 2019, we investigate the association between the firms’ environmental, social, and governance (ESG) performance and the...
This article conducts a review of the literature on private placement and analyzes the risks facing China’s real estate companies. It argues that, within the framework of China’s hybrid economic model, private placement can serve as a mar...
This study examines the impact of the flight-to-liquidity (FTL) phenomenon on the excess stock return by applying the previously developed generalised method of moments (GMM) framework. For this purpose, we use the data covering the period from 2004...
This paper aims to examine the importance of financial intermediation in economic activity. We also explore the effects of monetary factors and financial frictions on the relationship between financial intermediation and economic growth, the drivers...
There is an abundant literature on the economic (including trade) effects of Aid for Trade (AfT) flows. However, little attention has been devoted to the effect of AfT flows on demand for technology licensing. The present article aims to fill this vo...
The scarcity of female directors on Saudi boards is linked to cultural and social barriers deeply rooted in traditional masculine norms. Our study investigates the mediating role of ESG scores in the relationship between board gender diversity and fi...
Drawing on the internationalization and family business literature, this preliminary and exploratory study examines the impact of the COVID-19 pandemic on the internationalization performance of family firms. To the best of our knowledge, this is the...
We find that planned cryptocurrency forks, like voluntary corporate spin-offs, are wealth-creating. Involuntary forks that are forced due to hacks and other problems with the blockchain are not. We find diminishing returns for second-generation forks...
Measure-valued differentiation (MVD) is a relatively new method for computing Monte Carlo sensitivities, relying on a decomposition of the derivative of transition densities of the underlying process into a linear combination of probability measures....
This study investigates the optimal and non-optimal parameter values of the MACD (Moving Average Convergence Divergence) technical analysis indicator for three major stock market index futures: the Nikkei 225, the Dow Jones, and the Nasdaq. Using a r...
Euro Area banks have been confronted with unprecedented monetary policy actions by the ECB. Monetary policy may affect bank risk profiles, but the consequences may differ for short-term risk versus long-term or structural bank risk. We empirically in...
Target2 is the Eurozone’s cross-border payment system, which is mandatory for the settlement of euro transactions involving Eurozone central banks. It is being used to save the Eurozone from imploding. A key underlying problem is that the Euroz...
Financial technology (FinTech) is transforming the financial services industry by offering innovative, convenient solutions for businesses and individuals. This study examines the factors influencing FinTech adoption, with a special focus on trust. B...
This paper examines the effects of Korea’s compulsory preliminary earnings announcements on stock prices using individual corporate financial disclosure data. Korea’s compulsory preliminary earnings announcements are similar to the US&rsq...
Crude oil is one of the world’s most important commodities. Its price can affect the global economy, as well as the economies of importing and exporting countries. As a result, forecasting the price of crude oil is essential for investors. Howe...
Financial technology (fintech) is transforming the financial services industry, and its impact on sustainable financing is becoming increasingly profound [...]
This paper seeks to determine the best subjective probability to use to carry out expectation values of uncertain future cash flows with the smallest number of assumptions. This results in the unique distribution that guarantees no more information i...
The present study investigates the decision-making process of investors on the Pakistan Stock Exchange with regard to portfolio construction, explicitly focusing on the incorporation of ESG concerns. A quantitative research approach has been implemen...
The level of state ownership in corporations is still a controversial topic because of its duality: on the one hand, it brings resource advantages, and on the other hand, it causes agency problems. Thus, our study aims to investigate the relationship...
The weather index crop insurance (WICI) scheme was introduced under a pilot project for rice in Cambodia in 2021. The adoption rate was low and the loss ratio was higher than 200%. The increase in farmers’ participation would help reduce the lo...
An agency problem is defined as a conflict of interest arising due to a misalignment of interests among the managers and other stakeholders of the company. This article aims to review the articles addressing the agency problem and their impact on bus...
Financial institutions and regulators increasingly rely on large-scale data analysis, particularly machine learning, for credit decisions. This paper assesses ten machine learning algorithms using a dataset of over 2.5 million observations from a fin...
This article undertakes a literature review on the topic of market integration, covering over 380 articles from the 1980s to 2024. The review consists of a qualitative analysis for context and a quantitative analysis for content, identifying key rese...
Due to environmental concerns, electric vehicles (EVs) are gaining traction over fossil fuel-based vehicles. For electronic devices, including vehicles, copper is the key material used for building. This situation draws attention to the impact of cop...
This study delves into the intricate process of predicting tourism demand, explicitly focusing on econometric and quantitative time series analysis. A meticulous review of the existing literature is carried out to comprehensively understand the vario...
The aim of this paper was to assess the impact generated by the financial market shocks on the economic cycle in European countries. In addition to the studies from the literature, which focus more on the developed economies, this paper also consider...
Recent corporate governance failures have heightened stakeholder expectations that the board of directors engage in robust oversight of the firm’s risk management processes. This expectation is in line with widely embraced enterprise risk manag...
During the volatile market period of 2019–2021, characterized by geopolitical shifts, economic sanctions, pandemics, natural disasters, and wars, the global market presented a complex landscape for financial decision making and motivated this s...
