Table of contents
On the non-neutrality of the financing policy and the capital regulation of banking firms
Rainer Masera, Giancarlo MazzoniThe paper aims to investigate whether the value of banks is affected by their financing policies. Higher capital requirements have been invoked by exploiting a renewed edition of…
A new theory of innovation and growth: the role of banking intermediation and corruption
João Tovar JallesThere has been an increased interest in the role of the financial sector and institutional quality in the development process.
SME lending decisions – the case of UK and German banks: An international comparison
Tony Stevenson, Keith PondThe purpose of this paper is to test and extend a conceptual model of risk assessment in bank lending to SMEs using five German and five UK bank case studies. Derived from…
Classifying Chinese bull and bear markets: indices and individual stocks
Wei Chi, Robert Brooks, Emawtee Bissoondoyal-Bheenick, Xueli TangThis paper aims to investigate Chinese bull and bear markets. The Chinese stock market has experienced a long period of bear cycle from early 2000 until 2006, and then it…
The “Backus-Smith” puzzle, non-tradable output, and international business cycles
Soojae MoonThis paper aims to examine the effects of adding non-tradable sector and trade in intermediate goods sector and their impact on the “Backus-Smith” (BS) puzzle and the features of…
Market liberalizations and efficiency in Latin America
Sheung Chi Chow, Yongchang Hui, João Paulo Vieito, ZhenZhen ZhuThis paper aims to examine the impact of stock market liberalization on efficiency of the stock markets in Latin America.
Exploring exchange rate based policy coordination in SADC
Mulatu Fekadu Zerihun, Martinus C. Breitenbach, Francis KemegueThis paper explores the possibilities for policy coordination in the Southern African Development Community (SADC) as well as real effective exchange rate (REER) stability as a…
Comparison of methods for estimating the uncertainty of value at risk
Santiago Gamba-Santamaria, Oscar Fernando Jaulin-Mendez, Luis Fernando Melo-Velandia, Carlos Andrés Quicazán-MorenoValue at risk (VaR) is a market risk measure widely used by risk managers and market regulatory authorities, and various methods are proposed in the literature for its estimation…
Spillovers between output and stock prices: a wavelet approach
David G. McMillan, Aviral Kumar TiwariThis paper seeks to examine the nature of spillovers between output and stock prices using both a long annual time series spanning 200 years and a shorter but quarterly observed…
Growth options, dividend payout ratios and stock returns
George LiThis paper aims to examine the impact of the dividend payout ratio on future stock returns and momentum strategies.
Market participation in a two-sector Diamond-Dybvig economy
Ettore PanettiThis paper aims to reconsider the role of asset-market participation in Diamond-Dybvig economies, to reconcile the existence of asset markets as a channel for financial…
The effects of securitized asset portfolio specialization on bank holding company’s return, and risk
Kenneth A. Tah, Oscar MartinezThe purpose of this paper is to examine the effect of specialization of the securitized assets portfolio on banks’ performance and securitization risk. In doing so, the paper…
Risk tolerance and rationality in the case of retirement savings
Tchai Tavor, Sharon Garyn-TalThis research aims to examine the decision-making process involved in saving for retirement and compare it with decision-making processes regarding other financial products (such…
Why is insider trading law ineffective? Three antitrust suggestions
Viktoria Dalko, Michael H. WangThe purpose of this paper is to uncover the essence of insider trading, explain why insider trading law is ineffective and provide implications of the effectiveness of the law.
A review of angel investing research: analysis of data and returns in the US and abroad
Michael B. McDonald, Ramon P. DeGennaroThe purpose of this paper is to examine the literature on angel investors. Research on angel investors is sparse because data are sparse. Most comprehensive studies of angel…
Arbitrage opportunities, efficiency, and the role of risk preferences in the Hong Kong property market
Chun-Kei Tsang, Wing-Keung Wong, Ira HorowitzThis paper aims to investigate how a prospective buyer’s optimal home-size purchase can be determined by means of a stochastic-dominance (SD) analysis of the historical data of…
ISSN:
1086-7376Online date, start – end:
1977Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Prof Niklas Wagner