Showing papers in "Cogent economics & finance in 2020"
TL;DR: In this paper, the authors investigated whether the relationship between macroeconomic fluctuations and stock indexes is symmetrical or asymmetrical in nature, and employed nonlinear autoregressive distraction.
Abstract: The study investigated that whether the relationship between macroeconomic fluctuations and stock indexes is symmetrical or asymmetrical in nature. This study employed nonlinear autoregressive dist...
48 citations
TL;DR: Despite postulations on the effects of foreign direct investment (FDI), foreign aid, and trade on growth, empirical evidence from extant research has been mixed as discussed by the authors, and the focus of recent research has sh...
Abstract: Despite postulations on the effects of foreign direct investment (FDI), foreign aid, and trade on growth, empirical evidence from extant research has been mixed. The focus of recent research has sh...
47 citations
TL;DR: In this article, the authors examined the effect of ownership structure on the risk-taking behavior of banks in ASEAN countries, using a sample of 96 commercial banks from 2002 to 2018.
Abstract: This study examines the effect of ownership structure on the risk-taking behavior of banks in ASEAN countries. Using a sample of 96 commercial banks in ASEAN countries from 2002 to 2018, the study ...
39 citations
TL;DR: In this paper, the authors examined the Environemtnal Kuznets Curve (EKC) hypothesis in 43 African countries pooled into 3 income groups from three income groups.
Abstract: The study the ARDL model, Mean Group (MG), and the Pooled Mean Group (PMG) model to examine the Environemtnal Kuznets Curve (EKC) hypothesis in 43 African countries pooled into 3 income groups from...
35 citations
TL;DR: In this paper, the role of various bank-specific, industry-specific and macroeconomic determinants in Indian commercial banks performance has been assessed and the performance of Indian banks has been evaluated.
Abstract: This study focuses on assessing the role of various bank-specific, industry-specific and macroeconomic determinants in Indian commercial banks performance. Performance of the Indian banks has been ...
34 citations
TL;DR: The authors investigated the effect of credit risk, liquidity risk, and bank capital on bank profitability over a nine-year period (2010-2018) by examining empirical evidence from an emerging...
Abstract: This paper aims to investigate the effect of credit risk, liquidity risk and bank capital on bank profitability over a nine-year period (2010–2018) by examining empirical evidence from an emerging ...
33 citations
TL;DR: Empirical results provide evidence that cryptocurrencies and Gold can both hedge and diversify for each other at different conditional distributions of their returns.
Abstract: This paper explores the symmetric and asymmetric dependency structure of decomposed return series of Gold and eight cryptocurrencies to establish the hedging and diversification potentials of these
32 citations
TL;DR: An analytical approach is offered ranging from the selection of the most significant bank failure specific indicators using lasso regression, converting data from imbalanced to balanced form using SMOTE and the choice of the appropriate machine learning techniques to predict the failure of the bank.
Abstract: Banks have a vital role in the financial system and its survival is crucial for the stability of the economy. This research paper attempts to create an efficient and appropriate predictive model us...
32 citations
TL;DR: In this paper, the associations of corporate governance with firm risk-taking and performance in a typical frontier equity market characterized by high ownership concentration and weak investor-coverage is examined.
Abstract: This study examines the associations of corporate governance with firm risk-taking and performance in a typical frontier equity market characterized by high ownership concentration and weak investo...
31 citations
TL;DR: Despite that reviews have been done in intellectual capital and the performance of firms, their status has remained uncertain in the emerging economy as mentioned in this paper, and previous studies have generally focused on sin...
Abstract: Despite that reviews have been done in intellectual capital and the performance of firms, their status has remained uncertain in the emerging economy. Previous studies have generally focused on sin...
30 citations
TL;DR: In this article, the extent of misalignment of the real effective exchange rate (REER) of the South African rand was examined and it was shown that South Africa being an open emerging market economy closely linked with global m...
Abstract: This paper examines the extent of misalignment of the real effective exchange rate (REER) of South African rand. With South Africa being an open emerging market economy closely linked with global m...
TL;DR: In this article, the effect of family ownership concentration on real earnings management in manufacturing firms listed on Bursa Malaysia (formerly known as Kuala Lumpur Stock Exchan) is examined.
Abstract: The paper examines the effect of family ownership concentration (FMOC) on real earnings management (REM) in manufacturing firms listed on Bursa Malaysia (formerly known as Kuala Lumpur Stock Exchan...
TL;DR: In this paper, the authors investigated the impact of financial development on economic growth in Pakistan using the Markov Switching Model over the period 1980-2017, and the results based on two-state Markov switchin...
Abstract: This paper investigates the impact of financial development on economic growth in Pakistan using the Markov Switching Model over the period 1980–2017. The results based on two-state Markov switchin...
TL;DR: In this paper, the convergence in military expenditure and economic growth for a panel of 35 African countries between 1990 and 2015 was examined, and the authors employed the Phillips and Sul methodology to achieve their convergence.
Abstract: This study examines the convergence in military expenditure and economic growth for a panel of 35 African countries between 1990 and 2015. We employ the Phillips and Sul methodology to achieve our ...
TL;DR: In this article, the authors developed a conceptual model that includes variables related to financing modes, risk-taking, efficiency, and Islamic bank profitability in GCC countries, and the results showed that the model can be used to evaluate Islamic banks' performance.
Abstract: The aim of this research is to develop a conceptual model that includes variables related to financing modes, risk-taking, efficiency, and Islamic bank profitability in GCC Countries. The results i...
TL;DR: In this article, the influence of world crude oil price shocks on the financial performance of Vietnamese oil and gas-related firms was examined based on copula approach and the sample data of domestic data.
Abstract: This research examines the influence of world crude oil price shocks on the financial performance of Vietnamese oil- and gas-related firms. Based on copula approach and the sample data of domestic ...
TL;DR: In this paper, the authors examined the nature and obstacles in the informal sector of Uganda and found that education level was important in the selection of ente cationors for entrepreneurship.
Abstract: In this paper, using primary data collected from business owners, we examine the nature and obstacles in the informal sector of Uganda. We find that education level matters in the selection of ente...
TL;DR: Ghanaians have actively engaged in trade openness after independence, yet, their economic growth remains low and this calls for urgent attention to addresConsequently, the economic growth of Ghana remains low.
Abstract: Developing countries, of which Ghana is no exception have actively engaged in trade openness after independence, yet, their economic growth remains low and this calls for urgent attention to addres...
TL;DR: In this paper, the authors evaluated the relationship between inflation and infrastructure sector stock returns in emerging markets in the long and short run and employed a panel autoregressive distributed lag (PA...
Abstract: This study evaluated the relationship between inflation and infrastructure sector stock returns in emerging markets in the long and short run. It employed a panel autoregressive distributed lag (PA...
TL;DR: In this article, the authors investigated the impact of geographic loan expansion on bank risk using the aggregate data of 53 countries from 2005 to 2016 using the system generalized method of moments (SGM).
Abstract: This study investigates the geographic loan expansion on bank risk using the aggregate data of 53 countries from 2005 to 2016 using the system generalized method of moments. Our findings show that ...
Abstract: The purpose of this paper is to estimate the dynamic impact of trade openness on economic growth in Botswana using the ARDL bounds testing approach. The study employs four different proxies for tra...
TL;DR: In this paper, the authors empirically examined the relationship between the extent of voluntary disclosure level and profitability of Yemeni Islamic banks, and adopted a self-constructed disclosur for self-reported financial information.
Abstract: This study aims to empirically examine the relationship between the extent of voluntary disclosure level and profitability of Yemeni Islamic banks This article adopted a self-constructed disclosur
TL;DR: In this paper, the impact of urbanization, industrialization, corruption, human development, energy consumption, and foreign direct investment (FDI) on carbon dioxide emissions of 61 de...
Abstract: This paper investigates the impact urbanization, industrialization, corruption, human development, energy consumption, and foreign direct investment (FDI) on carbon dioxide (CO2) emissions of 61 de...
TL;DR: In this paper, the authors explore how different capital ratios influence the risk-taking of large commercial banks of the USA by collecting data from FDIC for commercial banks from 2003 to 2019.
Abstract: This study aims to explore how different capital ratios influence the risk-taking of large commercial banks of the USA. The study collects the data from FDIC for commercial banks from 2003 to 2019....
TL;DR: In this paper, the authors identify which aspects of financial practices of managers need to be given priority in achieving a turnaround in the financial sustainability of these manufacturing companies and propose a methodology to identify the most important aspects of managers' financial practices.
Abstract: The study aims to identify which aspects of financial practices of managers need to be given priority in achieving a turnaround in the financial sustainability of these manufacturing companies acro...
TL;DR: In this article, the role of financial literacy and financial self-efficacy of individuals in explaining their behavior to have financial accounts was examined and the questionnaire-based survey was used.
Abstract: Study examines the role of financial literacy and financial self-efficacy of individuals in explaining their behavior to have financial accounts. Study has used the questionnaire based survey and c...
TL;DR: The upsurge in social media websites has in no doubt triggered a huge source of data for mining interesting expressions on a variety of subjects as mentioned in this paper, and these expressions on social media website empower...
Abstract: The upsurge in social media websites has in no doubt triggered a huge source of data for mining interesting expressions on a variety of subjects. These expressions on social media websites empower ...
TL;DR: Is the poor aggregate employment growth of the manufacturing sector in Sub-Saharan African countries the outcome of inadequate job creation or rival forces of job creation and job destruction actin this article.
Abstract: Is the poor aggregate employment growth of the manufacturing sector in Sub-Saharan African countries the outcome of inadequate job creation or rival forces of job creation and job destruction actin
TL;DR: In this paper, the authors proposed decentralisation, which sends power and resources from the Central to local governments, comes with several theoretical promises. One such promise is the improvement in local service provision.
Abstract: Decentralisation, which sends power and resources from the Central to local governments, comes with several theoretical promises. One such promise is the improvement in local service provision. How...
TL;DR: In this article, the relationship between financial development and health care expenditure in 46 Sub Saharan Africa (SSA) countries was examined, and the authors argued that health expenditure is a key determinant of financial development.
Abstract: The study aimed to examine the relationship between financial development and health care expenditure in 46 Sub Saharan Africa (SSA) countries. The paper argues that health care expenditure is a ke...