All Outputs (46)

How to get the most from a business intelligence application during the post implementation phase? Deep structure transformation at a U.K. retail bank (2016)
Journal Article
Audzeyeva, A., & Hudson, R. (2016). How to get the most from a business intelligence application during the post implementation phase? Deep structure transformation at a U.K. retail bank. European Journal of Information Systems, 25(1), 29-46. https://doi.org/10.1057/ejis.2014.44

© 2016 Operational Research Society Ltd. This paper focuses on the process of maximizing the benefits from a business intelligence (BI) application. A general theoretical framework of analysis is formulated based on previous research into organizatio... Read More about How to get the most from a business intelligence application during the post implementation phase? Deep structure transformation at a U.K. retail bank.

Welfare and distributional impacts of financial liberalization in an open economy : lessons from a multi-sectoral dynamic CGE model for Nepal (2016)
Journal Article
Bhattarai, K. (2016). Welfare and distributional impacts of financial liberalization in an open economy : lessons from a multi-sectoral dynamic CGE model for Nepal. International Business Research, 10(1), 181-198. https://doi.org/10.5539/ibr.v10n1p181

By equalizing rates of return across sectors, financial liberalization improves efficiency and equalizes the distribution of income. Efficiency gained in the allocation of resources increases capital usage more in previously heavily repressed sectors... Read More about Welfare and distributional impacts of financial liberalization in an open economy : lessons from a multi-sectoral dynamic CGE model for Nepal.

Macroeconomic impacts of fiscal policy shocks in the UK : a DSGE analysis (2016)
Journal Article
Bhattarai, K., & Trzeciakiewicz, D. (2017). Macroeconomic impacts of fiscal policy shocks in the UK : a DSGE analysis. Economic modelling, 61, 321-338. https://doi.org/10.1016/j.econmod.2016.10.012

This paper develops and estimates a new-Keynesian dynamic stochastic general equilibrium (DSGE) model for the analysis of fiscal policy in the UK. We find that government consumption and investment yield the highest GDP multipliers in the short-run,... Read More about Macroeconomic impacts of fiscal policy shocks in the UK : a DSGE analysis.

The weaker pound is a mixed bag for UK PLC as rivals move to adapt (2016)
Other
Andrikopoulos, T., & Dassiou, X. (2016). The weaker pound is a mixed bag for UK PLC as rivals move to adapt

The conventional wisdom about a falling currency and exports fails to acknowledge some fundamental points. Our research highlights that such analysis typically does not account for the existence and nature of a company’s competition, domestically and... Read More about The weaker pound is a mixed bag for UK PLC as rivals move to adapt.

Herding in frontier markets: Evidence from African stock exchanges (2016)
Journal Article
Guney, Y., Kallinterakis, V., & Komba, G. (2017). Herding in frontier markets: Evidence from African stock exchanges. Journal of International Financial Markets, Institutions and Money, 47, 152-175. https://doi.org/10.1016/j.intfin.2016.11.001

We investigate herding in eight African frontier stock markets between January 2002 and July 2015, given the limited evidence on herding in frontier markets. Herding appears significant throughout the 2002-2015 period for all markets, with smaller st... Read More about Herding in frontier markets: Evidence from African stock exchanges.

An international examination of the economic effectiveness of banking recapitalization (2016)
Journal Article
Adegbite, E., Tahir, S., Guney, Y., & Adegbite, E. A. (2017). An international examination of the economic effectiveness of banking recapitalization. International Business Review, 26(3), 417-434. https://doi.org/10.1016/j.ibusrev.2016.10.002

© 2016 Elsevier Ltd While the literature on capital adequacy and bank recapitalization agrees on the importance of a minimum capital requirement, recurring financial crises across the world do little to suggest that capital adequacy is enough protect... Read More about An international examination of the economic effectiveness of banking recapitalization.

Assessing costs and benefits of measures to achieve good environmental status in European regional seas: challenges, opportunities, and lessons learnt (2016)
Journal Article
Börger, T., Broszeit, S., Ahtiainen, H., Atkins, J. P., Burdon, D., Luisetti, T., …Austen, M. C. (2016). Assessing costs and benefits of measures to achieve good environmental status in European regional seas: challenges, opportunities, and lessons learnt. Frontiers in Marine Science, 3(OCT), Article 192. https://doi.org/10.3389/fmars.2016.00192

The EU Marine Strategy Framework Directive (MSFD) requires Member States to assess the costs and benefits of Programmes of Measures (PoMs) put in place to ensure that European marine waters achieve Good Environmental Status by 2020. An interdisciplin... Read More about Assessing costs and benefits of measures to achieve good environmental status in European regional seas: challenges, opportunities, and lessons learnt.

The effect of oil price changes on the price of Russian and Chinese oil shares (2016)
Journal Article
Kenjegaliev, A., & Hall, S. G. (2017). The effect of oil price changes on the price of Russian and Chinese oil shares. Empirical economics, 53(4), 1639-1656. https://doi.org/10.1007/s00181-016-1176-3

© 2016, The Author(s). Do changes in oil prices have an effect on stocks of oil companies in emerging markets? Do the shares of oil companies in emerging markets react to the price news in a similar way as those of the Western companies? This paper a... Read More about The effect of oil price changes on the price of Russian and Chinese oil shares.

Impact of foreign aid on growth and trade (2016)
Journal Article
Bhattarai, K. (2016). Impact of foreign aid on growth and trade. Journal of economics and development studies, 4(3), https://doi.org/10.15640/jeds.v4n3a4

Foreign aid from the donors may or may not raise growth rates in receiving countries. In general they may increase investment but if the amount of aid is associated with conditionality of exports, that will have negative impacts on growth rates. Simu... Read More about Impact of foreign aid on growth and trade.

Board gender diversity and sustainability reporting quality (2016)
Journal Article
Al-Shaer, H., & Zaman, M. (2016). Board gender diversity and sustainability reporting quality. Journal of Contemporary Accounting and Economics, 12(3), 210-222. https://doi.org/10.1016/j.jcae.2016.09.001

Based on the notion that a diverse board will take a more balanced view and pay greater attention to social responsibility and stakeholder concerns, this paper examines the effect of board gender diversity, measured using a range of proxies, on susta... Read More about Board gender diversity and sustainability reporting quality.

New development : value for money (VFM) in public services - the importance of organisational culture (2016)
Journal Article
Prowle, M., Kalar, M., & Barrow, L. (2016). New development : value for money (VFM) in public services - the importance of organisational culture. Public money & management, 36(7), 547-552. https://doi.org/10.1080/09540962.2016.1237169

VFM has been a key aspect of public service management for several decades and its importance has been raised in recent years as a consequence of austerity. Organizational culture is recognized in research literature as a key driver of organizational... Read More about New development : value for money (VFM) in public services - the importance of organisational culture.

Governance and bank characteristics in the credit and sovereign debt crises – the impact of CEO power (2016)
Journal Article
Mollah, S., & Liljeblom, E. (2016). Governance and bank characteristics in the credit and sovereign debt crises – the impact of CEO power. Journal of Financial Stability, 27(December), 59-73. https://doi.org/10.1016/j.jfs.2016.09.003

The global financial sector recently suffered from two interrelated crises: the credit crisis and the sovereign debt crisis. A common question is whether the recent experience with the credit crisis has helped in dealing with the sovereign debt crisi... Read More about Governance and bank characteristics in the credit and sovereign debt crises – the impact of CEO power.

Reviewing the hedge funds literature I: Hedge funds and hedge funds' managerial characteristics (2016)
Journal Article
El Kalak, I., Azevedo, A., & Hudson, R. (2016). Reviewing the hedge funds literature I: Hedge funds and hedge funds' managerial characteristics. International review of financial analysis, 48, 85-97. https://doi.org/10.1016/j.irfa.2016.09.008

© 2016 Elsevier Inc. This paper summarizes the literature on hedge funds (HFs) developed over the last two decades, particularly that which relates to managerial characteristics (a companion piece covers the return and risk management characteristics... Read More about Reviewing the hedge funds literature I: Hedge funds and hedge funds' managerial characteristics.

Reviewing the hedge funds literature II: Hedge funds' returns and risk management characteristics (2016)
Journal Article
El Kalak, I., Azevedo, A., & Hudson, R. (2016). Reviewing the hedge funds literature II: Hedge funds' returns and risk management characteristics. International review of financial analysis, 48, 55-66. https://doi.org/10.1016/j.irfa.2016.09.006

© 2016 Elsevier Inc. This paper summarizes the literature on hedge funds (HFs) developed over the last two decades, particularly that which relates to risk management characteristics (a companion piece investigates the managerial characteristics of H... Read More about Reviewing the hedge funds literature II: Hedge funds' returns and risk management characteristics.

Dispelling the myth of a value premium: contrary evidence of Malaysian crony capitalism (2016)
Journal Article
Ebrahim, M., Hudson, R., Iqbal, A., & Eskandar Shah MohdRasid, M. (2016). Dispelling the myth of a value premium: contrary evidence of Malaysian crony capitalism. International Journal of Banking, Accounting and Finance, 7(1), 1-33. https://doi.org/10.1504/ijbaaf.2016.079164

This paper contradicts the existence of a universal value anomaly by studying Malaysia, a country with a unique institutional setting. We investigate this counter-example to attribute the anomaly to: 1) the leverage effect of value firms; 2) the inve... Read More about Dispelling the myth of a value premium: contrary evidence of Malaysian crony capitalism.

Investigation of institutional changes in the UK housing market using structural break tests and time-varying parameter models (2016)
Journal Article
Zhang, H., Hudson, R., Metcalf, H., & Manahov, V. (2017). Investigation of institutional changes in the UK housing market using structural break tests and time-varying parameter models. Empirical economics, 53(2), 617-640. https://doi.org/10.1007/s00181-016-1127-z

© 2016, Springer-Verlag Berlin Heidelberg. This paper investigates the effects of institutional changes within the UK housing market in recent decades using structural break tests and time-varying parameter models. This approach is motivated by model... Read More about Investigation of institutional changes in the UK housing market using structural break tests and time-varying parameter models.

Testing for the weak-form market efficiency of the Dar es Salaam Stock Exchange (2016)
Book Chapter
Guney, Y., & Komba, G. (2016). Testing for the weak-form market efficiency of the Dar es Salaam Stock Exchange. In P. Andrikopoulos, G. Gregoriou, & V. Kallinterakis (Eds.), Handbook of frontier markets: The European and African evidence (3-26). Elsevier Academic Press. https://doi.org/10.1016/b978-0-12-803776-8.00001-x

This chapter investigates the weak-form efficiency of the Dar es Salaam Stock Exchange (DSE), a frontier market, in Tanzania. The study covers the period from Jan. 2007 to Dec. 2014. To establish the consistency and robustness of the obtained conclus... Read More about Testing for the weak-form market efficiency of the Dar es Salaam Stock Exchange.

The price, quality and distribution of mortgage payment protection insurance: a hedonic pricing approach (2016)
Journal Article
Ashton, J. K., & Hudson, R. S. (2017). The price, quality and distribution of mortgage payment protection insurance: a hedonic pricing approach. The British accounting review, 49(2), 242-255. https://doi.org/10.1016/j.bar.2016.07.003

Mortgage payment protection insurance (hereafter MPPI) provides varying combinations of accident, sickness and unemployment insurance and is used to protect the mortgage payments of policyholders in the event of a fall in income. Despite alleviating... Read More about The price, quality and distribution of mortgage payment protection insurance: a hedonic pricing approach.

Volatility and diversification of exports: firm-level theory and evidence (2016)
Journal Article
Vannoorenberghe, G., Wang, Z., & Yu, Z. (2016). Volatility and diversification of exports: firm-level theory and evidence. European Economic Review, 89(October), 216-247. https://doi.org/10.1016/j.euroecorev.2016.07.002

We show using detailed firm-level Chinese data that, among small exporters, firms selling to a more diversified set of countries have more volatile exports, while the opposite holds among large exporters. This a priori surprising result for small fir... Read More about Volatility and diversification of exports: firm-level theory and evidence.

Growth and income distributions in four EU economies (2016)
Journal Article
Bhattarai, K. (2016). Growth and income distributions in four EU economies. International Advances in Economic Research, 22(3), 263-277. https://doi.org/10.1007/s11294-016-9594-8

Dynamic multi-sectoral and multi-household general equilibrium models are constructed to show how the economies of Germany, France, Spain and the United Kingdom will evolve from 2006 to 2090. These models generate dynamic paths of investment and capi... Read More about Growth and income distributions in four EU economies.