Outputs (475)

The governance, risk-taking, and performance of Islamic banks (2016)
Journal Article
Mollah, S., Hassan, M. K., Al Farooque, O., & Mobarek, A. (2017). The governance, risk-taking, and performance of Islamic banks. Journal of Financial Services Research, 51(2), 195-219. https://doi.org/10.1007/s10693-016-0245-2

We examine whether the difference in governance structures influences the risk taking and performance of Islamic banks compared to conventional banks. Using a sample of 52 Islamic banks and 104 conventional banks in 14 countries for the period from 2... Read More about The governance, risk-taking, and performance of Islamic banks.

Non-competition covenants in acquisition deals (2016)
Journal Article
Azevedo, A., Pereira, P. J., & Rodrigues, A. (2016). Non-competition covenants in acquisition deals. Economics letters, 143, 61-65. https://doi.org/10.1016/j.econlet.2016.03.025

© 2016 Elsevier B.V. We study the changes in the consumers' and producers' surplus associated with acquisition deals where there is a non-competition covenant that forbids the seller from re-entering the market over a given time period. We find that... Read More about Non-competition covenants in acquisition deals.

Are mortgage lenders guilty of the housing bubble? A UK perspective (2016)
Journal Article
Xiao, Q., & Devaney, S. (2016). Are mortgage lenders guilty of the housing bubble? A UK perspective. Applied economics, 48(45), 4271-4290. https://doi.org/10.1080/00036846.2016.1156231

Existing theoretical models of house prices and credit rely on continuous rationality of consumers, an assumption that has been frequently questioned in recent years. Meanwhile, empirical investigations of the relationship between prices and credit a... Read More about Are mortgage lenders guilty of the housing bubble? A UK perspective.

Determinants of time varying co-movements among international stock markets during crisis and non-crisis periods (2016)
Journal Article
Mollah, S., Hou, A. J., Mobarek, A., & Muradoglu, G. (2016). Determinants of time varying co-movements among international stock markets during crisis and non-crisis periods. Journal of Financial Stability, 24, 1-11. https://doi.org/10.1016/j.jfs.2016.03.003

In this paper, we use the DCC MIDAS approach to assess the validity of the wake-up call hypothesis for developed and emerging markets during the global financial crisis (GFC). We use this approach to decompose the total correlations into short- (dail... Read More about Determinants of time varying co-movements among international stock markets during crisis and non-crisis periods.

FDI and growth (2016)
Journal Article
Bhattarai, K. (2016). FDI and growth. Advances in Management and Applied Economics, 6(2), 1-23

Multinational corporations [MNCs] usually engage in foreign direct investment [FDI] to take cost advantages of producing abroad to negate the need for licensing or subsidiary production. At the macro level, FDI accounts for significant proportions of... Read More about FDI and growth.

Natural resources, decentralization, and risk sharing: can resource booms unify nations? (2016)
Journal Article
Pérez-Sebastián, F., & Raveh, O. (2016). Natural resources, decentralization, and risk sharing: can resource booms unify nations?. Journal of Development Economics, 121, 38-55. https://doi.org/10.1016/j.jdeveco.2016.02.003

Previous studies imply that a positive regional fiscal shock, such as a resource boom, strengthens the desire for separation. In this paper we present a new and opposite perspective. We construct a model of endogenous fiscal decentralization that bui... Read More about Natural resources, decentralization, and risk sharing: can resource booms unify nations?.

US dollar carry trades in the era of “cheap money” (2016)
Journal Article
Erdõs, P., Erdos, P., Li, Y., Moore, M., & Shehadeh, A. (2016). US dollar carry trades in the era of “cheap money”. Czech journal of economics and finance, 66(5), 374-404

In this paper, we employ a unique dataset of actual US dollar (USD) forward positions against a number of currencies taken by so-called commodity trading advisors (CTAs). We investigate the extent to which these positions exhibit a pattern of USD car... Read More about US dollar carry trades in the era of “cheap money”.

SME's lending and Islamic finance. Is it a "win-win" situation? (2016)
Journal Article
Shaban, M., Duygun, M., & Fry, J. (2016). SME's lending and Islamic finance. Is it a "win-win" situation?. Economic modelling, 55, 1-5. https://doi.org/10.1016/j.econmod.2016.01.029

Information asymmetry is a common feature that hinders lending to small and medium enterprises (SMEs). In the last decade, the growth in Islamic banks lending to SMEs was overwhelming to the extent that it prompted practitioners to regard this as a “... Read More about SME's lending and Islamic finance. Is it a "win-win" situation?.

An examination of the ethical influences on the work of tax practitioners (2016)
Journal Article
Frecknall-Hughes, J., Moizer, P., Doyle, E., & Summers, B. (2017). An examination of the ethical influences on the work of tax practitioners. Journal of Business Ethics, 146(4), 729-745. https://doi.org/10.1007/s10551-016-3037-6

As a contribution to the continuing debate about tax practitioner ethics, this paper explores the main streams of Western ethical thought that are relevant to tax practitioners’ work, most typically deontology and consequentialism (although virtue et... Read More about An examination of the ethical influences on the work of tax practitioners.

Board independence, audit quality and earnings management: evidence from Egypt (2016)
Journal Article
Khalil, M., & Ozkan, A. (2016). Board independence, audit quality and earnings management: evidence from Egypt. Journal of emerging market finance, 15(1), 84-118. https://doi.org/10.1177/0972652715623701

Using a unique dataset for Egyptian firms, we investigate the relationship between board independence, audit quality and earnings management. We test whether firm-level corporate governance provisions matter in an emerging market setting characterise... Read More about Board independence, audit quality and earnings management: evidence from Egypt.