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  Subjects -> BUSINESS AND ECONOMICS (Total: 3080 journals)
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BUSINESS AND ECONOMICS (1139 journals)                  1 2 3 4 5 6 | Last

Showing 1 - 200 of 1566 Journals sorted alphabetically
4OR: A Quarterly Journal of Operations Research     Hybrid Journal   (Followers: 9)
Abacus     Hybrid Journal   (Followers: 11)
Accounting Forum     Hybrid Journal   (Followers: 22)
Acta Amazonica     Open Access   (Followers: 3)
Acta Commercii     Open Access   (Followers: 2)
Acta Oeconomica     Full-text available via subscription   (Followers: 2)
Acta Scientiarum. Human and Social Sciences     Open Access   (Followers: 4)
Acta Universitatis Danubius. Œconomica     Open Access  
Acta Universitatis Nicolai Copernici Zarządzanie     Open Access   (Followers: 3)
AD-minister     Open Access   (Followers: 2)
ADR Bulletin     Open Access   (Followers: 5)
Advances in Developing Human Resources     Hybrid Journal   (Followers: 21)
Advances in Economics and Business     Open Access   (Followers: 12)
AfricaGrowth Agenda     Full-text available via subscription   (Followers: 1)
African Affairs     Hybrid Journal   (Followers: 57)
African Development Review     Hybrid Journal   (Followers: 33)
African Journal of Business and Economic Research     Full-text available via subscription   (Followers: 1)
African Journal of Business Ethics     Open Access   (Followers: 7)
African Review of Economics and Finance     Open Access   (Followers: 3)
Afro-Asian Journal of Finance and Accounting     Hybrid Journal   (Followers: 7)
Afyon Kocatepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi     Open Access   (Followers: 3)
Agronomy     Open Access   (Followers: 11)
Akademika : Journal of Southeast Asia Social Sciences and Humanities     Open Access   (Followers: 4)
Alphanumeric Journal : The Journal of Operations Research, Statistics, Econometrics and Management Information Systems     Open Access   (Followers: 4)
American Economic Journal : Applied Economics     Full-text available via subscription   (Followers: 126)
American Journal of Business     Hybrid Journal   (Followers: 15)
American Journal of Business and Management     Open Access   (Followers: 51)
American Journal of Business Education     Open Access   (Followers: 10)
American Journal of Economics and Business Administration     Open Access   (Followers: 24)
American Journal of Economics and Sociology     Hybrid Journal   (Followers: 28)
American Journal of Evaluation     Hybrid Journal   (Followers: 12)
American Journal of Finance and Accounting     Hybrid Journal   (Followers: 18)
American Journal of Health Economics     Full-text available via subscription   (Followers: 13)
American Journal of Industrial and Business Management     Open Access   (Followers: 23)
American Journal of Medical Quality     Hybrid Journal   (Followers: 7)
American Law and Economics Review     Hybrid Journal   (Followers: 26)
ANALES de la Universidad Central del Ecuador     Open Access   (Followers: 1)
Annales de l'Institut Henri Poincare (C) Non Linear Analysis     Full-text available via subscription   (Followers: 1)
Annals in Social Responsibility     Full-text available via subscription  
Annals of Finance     Hybrid Journal   (Followers: 28)
Annals of Operations Research     Hybrid Journal   (Followers: 8)
Annual Review of Economics     Full-text available via subscription   (Followers: 29)
Applied Developmental Science     Hybrid Journal   (Followers: 3)
Applied Economics     Hybrid Journal   (Followers: 44)
Applied Economics Letters     Hybrid Journal   (Followers: 28)
Applied Economics Quarterly     Full-text available via subscription   (Followers: 10)
Applied Financial Economics     Hybrid Journal   (Followers: 23)
Applied Mathematical Finance     Hybrid Journal   (Followers: 7)
Applied Stochastic Models in Business and Industry     Hybrid Journal   (Followers: 5)
Arab Economic and Business Journal     Open Access   (Followers: 3)
Archives of Business Research     Open Access   (Followers: 5)
Arena Journal     Full-text available via subscription   (Followers: 1)
Argomenti. Rivista di economia, cultura e ricerca sociale     Open Access   (Followers: 2)
ASEAN Economic Bulletin     Full-text available via subscription   (Followers: 5)
Asia Pacific Business Review     Hybrid Journal   (Followers: 5)
Asia Pacific Journal of Human Resources     Hybrid Journal   (Followers: 318)
Asia Pacific Viewpoint     Hybrid Journal  
Asia-Pacific Journal of Business Administration     Hybrid Journal   (Followers: 3)
Asia-Pacific Journal of Operational Research     Hybrid Journal   (Followers: 3)
Asian Business Review     Open Access   (Followers: 2)
Asian Case Research Journal     Hybrid Journal   (Followers: 1)
Asian Development Review     Open Access   (Followers: 14)
Asian Economic Journal     Hybrid Journal   (Followers: 8)
Asian Economic Papers     Hybrid Journal   (Followers: 7)
Asian Economic Policy Review     Hybrid Journal   (Followers: 3)
Asian Journal of Accounting and Governance     Open Access   (Followers: 3)
Asian Journal of Business Ethics     Hybrid Journal   (Followers: 7)
Asian Journal of Social Sciences and Management Studies     Open Access   (Followers: 6)
Asian Journal of Sustainability and Social Responsibility     Open Access  
Asian Journal of Technology Innovation     Hybrid Journal   (Followers: 8)
Asian-pacific Economic Literature     Hybrid Journal   (Followers: 5)
AStA Wirtschafts- und Sozialstatistisches Archiv     Hybrid Journal   (Followers: 5)
Atlantic Economic Journal     Hybrid Journal   (Followers: 15)
Australasian Journal of Regional Studies, The     Full-text available via subscription   (Followers: 2)
Australian Cottongrower, The     Full-text available via subscription   (Followers: 1)
Australian Economic Papers     Hybrid Journal   (Followers: 22)
Australian Economic Review     Hybrid Journal   (Followers: 6)
Australian Journal of Maritime and Ocean Affairs     Hybrid Journal   (Followers: 10)
Balkan Region Conference on Engineering and Business Education     Open Access   (Followers: 1)
Baltic Journal of Real Estate Economics and Construction Management     Open Access   (Followers: 1)
Banks in Insurance Report     Hybrid Journal   (Followers: 1)
BBR - Brazilian Business Review     Open Access   (Followers: 4)
Benchmarking : An International Journal     Hybrid Journal   (Followers: 11)
BER : Consumer Confidence Survey     Full-text available via subscription   (Followers: 4)
BER : Economic Prospects : An Executive Summary     Full-text available via subscription  
BER : Economic Prospects : Full Survey     Full-text available via subscription   (Followers: 2)
BER : Intermediate Goods Industries Survey     Full-text available via subscription   (Followers: 1)
BER : Manufacturing Survey : Full Survey     Full-text available via subscription   (Followers: 2)
BER : Motor Trade Survey     Full-text available via subscription   (Followers: 1)
BER : Retail Sector Survey     Full-text available via subscription   (Followers: 2)
BER : Retail Survey : Full Survey     Full-text available via subscription   (Followers: 2)
BER : Survey of Business Conditions in Building and Construction : An Executive Summary     Full-text available via subscription   (Followers: 4)
BER : Survey of Business Conditions in Manufacturing : An Executive Summary     Full-text available via subscription   (Followers: 3)
BER : Survey of Business Conditions in Retail : An Executive Summary     Full-text available via subscription   (Followers: 3)
BER : Trends : Full Survey     Full-text available via subscription   (Followers: 2)
BER : Wholesale Sector Survey     Full-text available via subscription   (Followers: 1)
Berkeley Business Law Journal     Free   (Followers: 11)
Bio-based and Applied Economics     Open Access   (Followers: 1)
Biodegradation     Hybrid Journal   (Followers: 1)
Biology Direct     Open Access   (Followers: 7)
Black Enterprise     Full-text available via subscription  
Board & Administrator for Administrators only     Hybrid Journal  
Border Crossing : Transnational Working Papers     Open Access   (Followers: 2)
Briefings in Real Estate Finance     Hybrid Journal   (Followers: 5)
British Journal of Industrial Relations     Hybrid Journal   (Followers: 30)
Brookings Papers on Economic Activity     Open Access   (Followers: 47)
Brookings Trade Forum     Full-text available via subscription   (Followers: 3)
BRQ Business Research Quarterly     Open Access   (Followers: 2)
Building Sustainable Legacies : The New Frontier Of Societal Value Co-Creation     Full-text available via subscription   (Followers: 1)
Bulletin of Economic Research     Hybrid Journal   (Followers: 17)
Bulletin of Geography. Socio-economic Series     Open Access   (Followers: 7)
Bulletin of Indonesian Economic Studies     Hybrid Journal   (Followers: 3)
Bulletin of the Dnipropetrovsk University. Series : Management of Innovations     Open Access   (Followers: 1)
Business & Entrepreneurship Journal     Open Access   (Followers: 16)
Business & Information Systems Engineering     Hybrid Journal   (Followers: 5)
Business & Society     Hybrid Journal   (Followers: 9)
Business : Theory and Practice / Verslas : Teorija ir Praktika     Open Access   (Followers: 1)
Business and Economic Research     Open Access   (Followers: 6)
Business and Management Horizons     Open Access   (Followers: 12)
Business and Management Research     Open Access   (Followers: 17)
Business and Management Studies     Open Access   (Followers: 9)
Business and Politics     Hybrid Journal   (Followers: 6)
Business and Professional Communication Quarterly     Hybrid Journal   (Followers: 7)
Business and Society Review     Hybrid Journal   (Followers: 5)
Business Economics     Hybrid Journal   (Followers: 6)
Business Ethics: A European Review     Hybrid Journal   (Followers: 16)
Business Horizons     Hybrid Journal   (Followers: 8)
Business Information Review     Hybrid Journal   (Followers: 13)
Business Management and Strategy     Open Access   (Followers: 40)
Business Research     Hybrid Journal   (Followers: 2)
Business Strategy and the Environment     Hybrid Journal   (Followers: 12)
Business Strategy Review     Hybrid Journal   (Followers: 7)
Business Strategy Series     Hybrid Journal   (Followers: 6)
Business Systems & Economics     Open Access   (Followers: 2)
Business Systems Research Journal     Open Access   (Followers: 5)
Business, Management and Education     Open Access   (Followers: 17)
Business, Peace and Sustainable Development     Full-text available via subscription   (Followers: 3)
Bustan     Hybrid Journal   (Followers: 1)
Cadernos EBAPE.BR     Open Access   (Followers: 1)
Cambridge Journal of Economics     Hybrid Journal   (Followers: 54)
Cambridge Journal of Regions, Economy and Society     Hybrid Journal   (Followers: 9)
Canadian Journal of Administrative Sciences / Revue Canadienne des Sciences de l Administration     Hybrid Journal   (Followers: 1)
Canadian Journal of Economics/Revue Canadienne d`Economique     Hybrid Journal   (Followers: 26)
Canadian journal of nonprofit and social economy research     Open Access   (Followers: 2)
Capitalism and Society     Hybrid Journal   (Followers: 2)
Capitalism Nature Socialism     Hybrid Journal   (Followers: 11)
Case Studies in Business and Management     Open Access   (Followers: 8)
CBU International Conference Proceedings     Open Access   (Followers: 1)
Central European Journal of Operations Research     Hybrid Journal   (Followers: 5)
Central European Journal of Public Policy     Open Access   (Followers: 1)
CESifo Economic Studies     Hybrid Journal   (Followers: 16)
Chain Reaction     Full-text available via subscription  
Challenge     Full-text available via subscription   (Followers: 4)
China & World Economy     Hybrid Journal   (Followers: 15)
China : An International Journal     Full-text available via subscription   (Followers: 16)
China Economic Journal: The Official Journal of the China Center for Economic Research (CCER) at Peking University     Hybrid Journal   (Followers: 9)
China Economic Review     Hybrid Journal   (Followers: 10)
China Finance Review International     Hybrid Journal   (Followers: 5)
China Nonprofit Review     Hybrid Journal   (Followers: 3)
China perspectives     Open Access   (Followers: 11)
Chinese Economy     Full-text available via subscription  
Ciência & Saúde Coletiva     Open Access   (Followers: 2)
CLIO América     Open Access   (Followers: 1)
Cliometrica     Hybrid Journal   (Followers: 2)
COEPTUM     Open Access  
Community Development Journal     Hybrid Journal   (Followers: 24)
Compensation & Benefits Review     Hybrid Journal   (Followers: 6)
Competition & Change     Hybrid Journal   (Followers: 10)
Competitive Intelligence Review     Hybrid Journal   (Followers: 2)
Competitiveness Review : An International Business Journal incorporating Journal of Global Competitiveness     Hybrid Journal   (Followers: 5)
Computational Economics     Hybrid Journal   (Followers: 9)
Computational Mathematics and Modeling     Hybrid Journal   (Followers: 8)
Computer Law & Security Review     Hybrid Journal   (Followers: 15)
Computers & Operations Research     Hybrid Journal   (Followers: 10)
Construction Innovation: Information, Process, Management     Hybrid Journal   (Followers: 14)
Contemporary Wales     Full-text available via subscription   (Followers: 3)
Contextus - Revista Contemporânea de Economia e Gestão     Open Access   (Followers: 1)
Contributions to Political Economy     Hybrid Journal   (Followers: 6)
Corporate Communications An International Journal     Hybrid Journal   (Followers: 5)
Corporate Philanthropy Report     Hybrid Journal   (Followers: 2)
Corporate Reputation Review     Hybrid Journal   (Followers: 4)
Creative and Knowledge Society     Open Access   (Followers: 10)
Creative Industries Journal     Hybrid Journal   (Followers: 8)
CRIS - Bulletin of the Centre for Research and Interdisciplinary Study     Open Access   (Followers: 1)
Crossing the Border : International Journal of Interdisciplinary Studies     Open Access   (Followers: 4)
Cuadernos de Administración (Universidad del Valle)     Open Access   (Followers: 1)
Cuadernos de Economía     Open Access   (Followers: 1)
Cuadernos de Economia - Latin American Journal of Economics     Open Access   (Followers: 1)
Cuadernos de Estudios Empresariales     Open Access   (Followers: 1)
Current Opinion in Creativity, Innovation and Entrepreneurship     Open Access   (Followers: 8)
De Economist     Hybrid Journal   (Followers: 12)
Decision Analysis     Full-text available via subscription   (Followers: 8)
Decision Sciences     Hybrid Journal   (Followers: 15)
Decision Support Systems     Hybrid Journal   (Followers: 15)
Defence and Peace Economics     Hybrid Journal   (Followers: 16)
der markt     Hybrid Journal   (Followers: 1)
Desenvolvimento em Questão     Open Access  
Development     Full-text available via subscription   (Followers: 23)
Development and Change     Hybrid Journal   (Followers: 46)
Development and Learning in Organizations     Hybrid Journal   (Followers: 7)

        1 2 3 4 5 6 | Last

Journal Cover Business and Economic Research
  [6 followers]  Follow
  This is an Open Access Journal Open Access journal
   ISSN (Print) 2162-4860
   Published by Macrothink Institute Homepage  [40 journals]
  • The Role of Gender, Cognitive Attributes and Personality on Willingness to
           Take Risks

    • Authors: Stephen Agnew
      Pages: 1 - 16
      Abstract: The aim of this research is to provide a further examination of the role gender plays as an influence on risk preferences. A combination of ordinary least squares (OLS) and logit regressions were carried out on data collected from 425 university students, including demographic and personality variables, along with GPA’s and CRT scores. This study found females reported lower levels of willingness to take risks than males. In an addition to the current literature, it was found that females also achieved lower scores on a cognitive reflection test (CRT). When separated by major, the gender gap was found to be the lowest for engineering and science students. None of CRT score, Maths GPA, or overall GPA were found to be correlated with risk willingness, suggesting societal conditioning as a possible cause of females being more risk averse than males. Personality variables along with gender were found to be correlated with willingness to take risk. These findings have implications for creating greater awareness of how females’ different risk preferences are generated and managed.
      PubDate: 2017-01-13
      Issue No: Vol. 7, No. 1 (2017)
  • External Social Accounting Developments: Analysis and Discussion of
           Academic Critiques

    • Authors: Hamad Alhumoudi
      Pages: 33 - 45
      Abstract: This paper aims to analyse and discuss the development of external social accounting (ESA). In this paper, the ESA is defined as the firm’s representation of its operations and their effects on society. The initial development of this concept began in the 1920s and it went through remarkable developments and achievements to arrive at its current stage at this time. This paper have reviewed the literature in development of this concept and it found that there are great developments in the area of ESA reporting, but that also a number of critical issues have been identified including reporting-performance gaps regarding deficiencies from the disclosure practice and social auditing practice. There are also evidences that a number of firms portray their contribution in ways that makes them appear generous, whereas, in the majority of cases, this can be established as untrue. This paper contributes to the existing literature by gathering many concepts (i.e. CSR, social accounting reporting) under the name of external social accounting, which mainly focus in the reporting of social activities. Also it contributes to the literature by providing an overview of the development and its critiques.
      PubDate: 2017-01-24
      Issue No: Vol. 7, No. 1 (2017)
  • Liquidity Risk and Bank Performance: An Empirical Test for Tunisian Banks

    • Authors: Abdelaziz Hakimi, Khemais Zaghdoudi
      Pages: 46 - 57
      Abstract: An important part of banking literature was interested in the relationship between credit risk and bank performance. However, only few studies investigated the association between liquidity risk and bank performance. The aim of this paper is to study the effect of liquidity risk on the Tunisian bank performance. To this end, we used a sample of 10 Tunisian banks over the period 1990-2013. By applying panel data method, precisely random effect regression, results show that liquidity risk decreases significantly Tunisian bank performance. Also, findings indicate that international financial crisis and inflation act negatively and significantly on bank performance.
      PubDate: 2017-02-17
      Issue No: Vol. 7, No. 1 (2017)
  • The Effects of Gamification on Restaurant Consumer-Retention

    • Authors: Kyra L. Harakal, Paul Daniel Berger
      Pages: 58 - 67
      Abstract: This paper considers the marketing concept of gamification. This includes most loyalty programs, but, in addition, has tentacles in many other areas of marketing. It is a concept which has been growing rapidly in the marketing field. While a lot has been written about it, there is little quantitative analysis of its impact. In this paper, we perform a statistical analysis using a database of about 1,100 people and several variables, related to the restaurant industry in particular. We consider several hypotheses. One is whether the consumer loyalty engendered by gamification differs by gender. Another is the relationship between customer loyalty engendered by gamification and some restaurant-specific measures, such as frequency of visits to the restaurant, amount of money spent at a restaurant, and the impact of special rewards programs. We also consider which variables are significant in a predictive model with the dependent variable: I would visit a restaurant more often with the presence of as points-based reward program, and several of the earlier-considered variables as independent variables. 
      PubDate: 2017-03-02
      Issue No: Vol. 7, No. 1 (2017)
  • Is there a Long-Term Relationship among European Sovereign Bond

    • Authors: Ian Schaeffer, Miguel D. Ramirez
      Pages: 68 - 86
      Abstract: The integration of financial markets has been a recurring theme in academic and financial research. The majority of the literature has focused on equity markets. Literature on the integration of international bond markets is not as common, specifically regarding that of European bonds since the beginning of the common currency area in 1999.This paper estimates a fixed effects pooled model and then proceeds to undertake panel unit root and cointegration tests to determine the degree of co-movement of European sovereign bond yields. The reported estimates suggest that yields move together over time, thus the benefits of diversification in European government bond portfolios may be limited. The results also have important implications for monetary policy. Given that economic shocks (e.g. inflationary shocks) are transmitted quickly from country to country, then it will complicate the task of monetary policy when it comes to pursuing an independent policy with respect to domestic monetary conditions in the presence of asymmetric economic shocks.
      PubDate: 2017-03-03
      Issue No: Vol. 7, No. 1 (2017)
  • A Study on Agreement Analysis in Job Selection Decisions With Respect To
           Locus of Control

    • Authors: Mehmet Nuri İnel
      Pages: 87 - 99
      Abstract: The importance of job selection decisions increases day by day. The aim of this study is to evaluate agreement coefficients by measuring the effect of locus of control (LOC) orientation and to analyze agreement in job selection decisions with respect to locus of control. In order to test the propositions, a field survey using questionnaires was conducted in a sample of 200. Results indicated that there was an agreement between internals and externals. 
      PubDate: 2017-03-10
      Issue No: Vol. 7, No. 1 (2017)
  • Applying ANP in Establishing a Decision-Making Model for the Destination
           Selection of Large-scale Exhibitions

    • Authors: Wen-Tsung Wu, Chie-Bein Chen
      Pages: 100 - 113
      Abstract: This study investigates the decision-making issues in the selection of destinations for large-scale exhibitions by the cultural and creative industry. We use the Rubber Duck China Tour by the Dutch artist Florentijn Hofman as an example and adopt the analytic network process technique to evaluate destination options for the exhibition, as well as to explore the impacts of the evaluation of destination feasibilities on exhibition investment. The results show that power, a high benefit-cost ratio, first-tier cities, integration with local communities, and a rich and interesting theme are the top five factors that curators should consider when planning exhibitions. Considering the priority among cities of various tiers, first-tier cities are the most favorable, followed by fourth-tier, third-tier, and second-tier cities. The decision-making model provides curators with a reliable reference for selecting destinations for future exhibitions.
      PubDate: 2017-03-10
      Issue No: Vol. 7, No. 1 (2017)
  • Learning Orientation, Market Orientation and Organizational Performance:
           The Mediating Effect of Absorptive Capacity

    • Authors: Radwan Kharabsheh, Waed Ensour, Pavel Bogolybov
      Pages: 114 - 127
      Abstract: Purpose: this paper aims to examine the mediating effect of absorptive capacity on the the relation between two construct: learning orientation (LO) and market orientation (MO) and organizational performance (OP).Design/methodology/approach: data were gathered through field survey of 190 senior managers in manufacturing organizations in Jordan. The analysis was conducted using two-stage least squares estimators for latent variable models.Findings: Results indicate that learning orientation, market orientation and absorptive capacity all have a positive and significant effect on organizational performance. Moreover, results suggest that absorptive capacity partially mediates the relationship between learning orientation and organizational performance. This study concludes that while knowledge acquisition and values of external knowledge are important, related prior knowledge, basic skills and research and development (R&D) (absorptive capacity) are important as well. Practical implications: For managers in manufacturing organizations, the study proposes that organizations should focus on attaining high levels of Learning orientation and market orientation while also giving attention to building internal knowledge and basic skills including R&D. Originality/value: This paper is the first to examine the mediating effect of absorptive capacity on the relationship between learning orientation, market orientation and organizational performance. 
      PubDate: 2017-03-19
      Issue No: Vol. 7, No. 1 (2017)
  • The Dynamic Programming Models for Inventory Control System with
           Time-varying Demand

    • Authors: Truong Hong Trinh
      Pages: 128 - 138
      Abstract: The concept of dependent and independent demand is important in planning and replenishment inventory that also requires different inventory control solutions. This paper employs the dynamic programming technique for inventory control system with time varying demand to propose the replenishment policy in terms of the economic order quantity, number of replenishment, and reorder point where total inventory cost is minimized. The study result indicates that the dynamic programming models outperform the traditional lot sizing models in term of total inventory cost. Moreover, the paper creates opportunities for extending further researches on dynamic inventory related to uncertainty conditions of demand, yield, lead time, and capacity constraints.
      PubDate: 2017-03-21
      Issue No: Vol. 7, No. 1 (2017)
  • Barriers to Access to and Usage of Financial Services in Ethiopia

    • Authors: K. Sambasiva Rao, Andualem Ufo Baza
      Pages: 139 - 148
      Abstract: We study the interplay between financial exclusion and barriers to inclusion. Our model shows that financially excluded individuals are exposed to barriers to inclusion that prohibit their access to financial services even in absence of voluntary exclusion. We call these situation “involuntary exclusion,” since people lack access to and use of financial services due to barriers to inclusion that are otherwise overlooked social exclusion. We show that barriers to inclusion are more likely to occur when lack of access to physical point of financial services, poverty, lack of credit, prohibitive fixed cost of transacting at financial institution, legal and regulatory barriers and low competition among financial institutions. We analyze financial exclusion as a function of barriers to inclusion, examining the trade-off between unbanked adults and barriers to banking. We verify the model’s prediction that financial exclusion is more likely to occur among low income individuals in which assets holdings are low, as well as individuals who are too far away from physical point of access and those individuals who cannot afford bank fixed charges, than others. We also show that individuals are more likely to be financially excluded (relative to others) in low income groups in which barriers to inclusion are more frequent. 
      PubDate: 2017-04-05
      Issue No: Vol. 7, No. 1 (2017)
  • Measuring Entrepreneurial Readiness among Youth in Pakistan through Theory
           of Planned Behavior (TPB) Based Approach

    • Authors: Salman Zulfiqar, Fahad Asmi, Khurram Ejaz Chandia, Binesh Sarwar, Saira Aziz
      Pages: 149 - 167
      Abstract: Purpose: The purpose of this paper is to measure entrepreneurial readiness among youth in Pakistan, through TPB based approach.Design/Methodology/Approach: The data were collected from people who work in different fields like banking sector and education sector of Pakistan. In total 380 questionnaires were circulated among people through the online survey. The IBM Statistics SPSS 23.0 was used to perform statistical analysis.Findings: The research finds that entrepreneurial attitude, social norms and perceived behavioral control have significant positive effect on entrepreneurial readiness among youngsters. Moreover, research shows that entrepreneurial knowledge has significant positive impact on entrepreneurial attitude, social norm and perceived social normResearch Limitations: Research population is the main limitation in this research, small sample size was selected and results were compiled on the basis of this sample size. Originality/value: In these existing economic crises of Pakistan, “Developing Entrepreneurs” is one of the important ways to boost financial growth. Youngsters always play an important role in the development of economy and have potential to become future entrepreneurs. Research to check readiness among youngsters to become entrepreneurs in Pakistan is limited. This research has added value in both theory and practice by identifying the factors that can develop students’ intentions to become entrepreneurs.
      PubDate: 2017-04-06
      Issue No: Vol. 7, No. 1 (2017)
  • Optimum Monetary Policy in European Monetary Union

    • Authors: Mehdi Pedram
      Pages: 168 - 176
      Abstract: The euro has been introduced to a region that contains many discrepancies and differences. While there are many countries with different business cycles, exerting a single monetary policy which favors all the countries is impossible. I will show that in a simple open macro model by using “weighted mean mechanism”, monetary authorities can exert a common monetary policy to synchronize business cycles and to diminish loss functions in the member states. As we can see by using optimal monetary policy, the business cycles become much more stable and even in 2009 we do not see any recession for Germany and France. Although In this model between 2006 till 2012 the MU (Monetary Union) interest rate should be higher than the United States one, the agent’s countries would be in boom rather recession. If MU interest rates in 2012 and 2013 were less than the actual ones, recession in two countries would change to boom for them.
      PubDate: 2017-04-08
      Issue No: Vol. 7, No. 1 (2017)
  • Evaluating the Effectiveness of Asset Pricing Model before, during and
           after Financial Crisis 2008: Evidence from Karachi Stock Exchange

    • Authors: Waqar ul Hassan, Zeeshan Hasnain, Shahbaz Hussain
      Pages: 177 - 188
      Abstract: The Study aims to explore the strength of arbitrage pricing model (APT) for determining stock returns of Karachi stock exchange (KSE) across three distinct and structured periods; before financial crisis period (2006-07), during financial crisis period (2008) and after financial crisis period (2009-10). The Study adopted descriptive statistics, Pearson correlation, linear regression, Random effect model for interpretation and execution of data. 253 financial and non-financial listed companies on KSE for the period of (2006-10) are considered as sample firms. Results of regression analysis indicated that models selected for the present study showed poor performance for measuring KSE returns. Independent variables showed significant behavior for measuring KSE returns in pre-financial crisis period; no statistical relationship for measuring KSE returns in during financial crisis period; insignificant nature for measuring KSE returns the post-financial crisis period. The Study has provided understandings about arbitrage theory applicability and financial crisis - 2008 impacts on KSE. 
      PubDate: 2017-04-23
      Issue No: Vol. 7, No. 1 (2017)
  • The Financial Inclusion Development in Palestine

    • Authors: Fadi Hassan Shihadeh, Azzam Hannon, Xiu Hua Wang
      Pages: 189 - 198
      Abstract: This papers presented the financial inclusion development in Palestine, includes the analysis and the discussion of the financial inclusion indicators and its comparison to other indicators in certain countries in the region.The indicators that were analyzed are the banking penetration and usage of banking services. We found that Palestine achieved a remarkable improvement to enhance the financial inclusion like branching and electronic tools, while the credits in Palestine in limited level same as in the MENA region. 
      PubDate: 2017-04-23
      Issue No: Vol. 7, No. 1 (2017)
  • Rating Agencies, Self-Fulfilling Prophecy and Multiple Equilibria? An
           Empirical Model of the European Sovereign Debt Crisis 2009-2011

    • Authors: Manfred Gartner, Bjorn Griesbach
      Pages: 199 - 226
      Abstract: We explore whether governments may have faced scenarios of self-fulfilling prophecy and multiple equilibria during Europe’s sovereign debt crisis. To this end, we estimate the effect of interest rates and other macroeconomic variables on sovereign debt ratings, and of ratings on interest rates. We detect a nonlinear effect of ratings on interest rates which is strong enough to permit multiple equilibria. The good equilibrium is stable, ratings are excellent and interest rates are low. A second unstable equilibrium marks a threshold beyond which the country slides towards an insolvency trap. Coefficient estimates suggest that countries should stay well within the A segment of the rating scale in order to remain safe from being driven towards default.
      PubDate: 2017-05-04
      Issue No: Vol. 7, No. 1 (2017)
  • Credit Constraint Exports in Countries with Different Degrees of Contract

    • Authors: Zi-Yi Guo, Yangxiaoteng Luo
      Pages: 227 - 241
      Abstract: We theoretically consider firms’ export decisions in a heterogeneous firm framework. The paper assumes firms have idiosyncratic productivity levels and are credit-constrained in the export market. Firms in different countries have different degrees of credit constraints. Because of imperfect financial markets, firms might not be able to get the financial support to export even although they are profitable enough from the foreign market. In a country with strong contract enforcement, firms are more likely to export and export to more destinations; while in a country with weak contract enforcement, firms are more likely to be constrained by liquidity and export to fewer destinations. However, for those firms whose productivity is very low or very high, these influences do not exist. Moreover, we consider technology shocks and illustrate that technology shocks will further impede firms’ export decisions.
      PubDate: 2017-05-06
      Issue No: Vol. 7, No. 1 (2017)
  • Financial Performance Analysis of Corn-based Ethanol Enterprises in the

    • Authors: Allan P. Bacho, Olga I. Murova
      Pages: 242 - 260
      Abstract: The objective of this study is to examine the state of financial conditions of the corn-based ethanol enterprises in the U.S. from 2009 to 2014. Ethanol enterprises are categorized as small, those producing up to 50 million gallons per year (MGY) and large producing between 50 and 100 MGY. Panel data from the annual financial reports submitted to the Securities and Exchange Commission (SEC) are used to calculate the financial ratios of profitability, asset turnover, leverage, liquidity and operating margin. Results show that the corn-ethanol enterprise is moving into the direction of positive returns of investment. Associated factors for the profitability are found to be operating margin ratio, liquidity, leverage ratio, and subsidy. Findings of this study have an implication to the development of the cellulosic ethanol enterprise, which suggests the utilization and valuation of its co-products for revenue generation to improve economic financial success.
      PubDate: 2017-05-08
      Issue No: Vol. 7, No. 1 (2017)
  • The Effects of Information Communication Technology on Stock Market
           Capitalization: A Panel Data Analysis

    • Authors: Sang Lee, Matthew Alford, John Cresson, Lara Gardner
      Pages: 261 - 272
      Abstract: The level of investment in information communication technologies (ICT) that may affect stock market capitalization varies substantially across countries. Using data on 81 countries from 1998 to 2014, we use a country-fixed effects model to estimate the relationship between ICTs and stock market capitalization. Our empirical model is built on the premise that (1) increased deployment of ICT allows financial market participants to make more informed decisions at reduced inherent risks associated with deficient information or uncertainty in financial markets; and (2) increased access to and use of information communication technologies is expected to improve a country's economic fundamentals. The empirical results support our hypothesis that ICT expansions are positively associated with stock market capitalization.
      PubDate: 2017-05-08
      Issue No: Vol. 7, No. 1 (2017)
  • Family Businesses - Problems of Accounting, Financing and Survival

    • Authors: Pawel Dec, Monika Szczerbak
      Pages: 273 - 284
      Abstract: Paper concerns the analysis of the activities of family companies, because they represent the overwhelming majority of small and medium-sized companies in the economy. Very important, if not essential aspect of the functioning of such entities are the requirements and restrictions on their existing accounting rules. For many family businesses already just starting a business is a challenge and a breakthrough, not only in the family, but directly in everyday life. This can be compared to magnify family new baby. Hence, the authors set themselves the goal of a comprehensive approach to the issue of the functioning of family businesses and to highlight and analyze their accounting requirements in force, opportunities and sources of financing their activities, and, finally, what is equally important question of their survival. The bankruptcy of the family business is not only a loss for the economy, but it can also cause damage to individual members of the family. Thesis, which would verify the authors is that which says that these companies should be treated as partners by the government, which should not only encourage the establishment of this type of activity, but should also facilitate (or at least not hinder) doing family business.
      PubDate: 2017-05-08
      Issue No: Vol. 7, No. 1 (2017)
  • Factors Explaining Debt Firm Policy: A Comparison between Five
           Intercontinental Countries

    • Authors: Ben Said Hatem
      Pages: 285 - 297
      Abstract: We test the factors explaining the debt policy of firms across five continents. To this end, we examine samples from South Africa, Australia, Brazil, India and Spain over a period of 8 years from 2003 to 2010. The results manipulate differences in debt policy for all countries (except for the variable Return on Assets, ROA). As for the effect of activity sectors on firm debt policy, higher performance led to lower firm debt ratios. Furthermore, we concluded some differences in other variables. Higher tangibility ratios for firms from South Africa, India and Spain led to higher capital structure ratios. Larger firms from Brazil led to lower short term debt ratio. We could not find evidence on the effect of firm growth opportunities in Brazil and India. Furthermore, we concluded to a positive and a statistically significant effect of liquidity ratio for Australia and India, and a positive and a statistically significant effect of firm age for firms from Spain.
      PubDate: 2017-05-20
      Issue No: Vol. 7, No. 1 (2017)
  • Do Firms' Cash Holdings Differ Between Asian Countries? Theory
           and Empirical Validation

    • Authors: Ben Said Hatem
      Pages: 298 - 307
      Abstract: This work identifies the factors that explain firms cash holdings (Opler, Pinkowitz, Stulz, and Williamson, 1999). Empirical validation was calculated on two Asian countries: Chine and Japan. To measure of firms cash holdings, we use, alternatively, two measures: Cash ratio approximated as the ratio of cash and equivalents of cash to total assets, and Quick ratio calculated as cash and equivalents of cash to current liabilities. Our samples contain 119 firms from each country for a period of 8 years from 2006 to 2013. Descriptive statistics show that firms from Chine have higher debt and profitability ratios. However, firms in Japan are older than firms in Chine with a mean age of 38,357 years with a minimum of 4 years and a maximum of 121 years. the results report many differences in cash holdings policy between the two countries. Contrary to our hypothesis, firms in China that have higher capital structure ratios have more cash. We concluded to a difference in the effect of firm size and number of employees in the two countries. Older firms in Japan have more cash. Finally, we concluded to a negative and a statistically significant effect of growth opportunities for firms in Japan and China. Firm performance positively influence cash in the two countries.
      PubDate: 2017-05-20
      Issue No: Vol. 7, No. 1 (2017)
  • A Study of a Causality Relationship between Firm Investment and Cash
           Holdings: An Empirical Validation from French, Germany and Italy

    • Authors: Ben Said Hatem
      Pages: 308 - 322
      Abstract: This paper tests the causality interdependence between firm investment and cash holdings. Our study analyzes three countries: French, Germany and Italy. The samples contain 84 firms for each country over a period of 8 years from 2003 to 2010. Cash is measured, alternatively by two ratios; cash and cash equivalents over total assets, and quick ratio approximated by cash and cash equivalents over current liabilities. Firm investment is approximated by tangible fixed assets growth rate and total assets growth rate. As control variables: profitability, leverage, size and firm age. Using a data panels method, the causality relationship is not checked for all countries. However, for French and Italy markets, we conclude to a causality relationship for the service and agriculture and mining sectors, respectively.
      PubDate: 2017-05-20
      Issue No: Vol. 7, No. 1 (2017)
  • How Can We Increase Shareholder' Wealth? An Empirical Validation
           from European Countries

    • Authors: Ben Said Hatem
      Pages: 323 - 335
      Abstract: This paper tests the determinants of shareholder's wealth. Our study examined three countries: Russia, Sweden and the United Kingdom. The samples contains 69 firms for every country observed over a period of 4 years from 2007 to 2010. Firm value is measured by two ratios: Tobin's Q ratio obtained as the sum of market capitalisation, long term debt and short term capital structure divided by total assets, and market to book ratio measured as market value equity over shareholder's equity. The descriptive statistics manipulate that firms in Sweden and the United Kingdom have higher Tobin's Q and market to book ratios, respectively. We found evidence about the hypothesis of tax savings on firm value. Firms with higher values of performance have higher market equity values. We manipulated to a significant relationship between firm value and size when we consider, only Tobin's Q ratio, as dependant variable. More cash means high stocks prices for firms in Sweden and the United Kingdom. In the British and Swedish markets, older firms have less value.
      PubDate: 2017-05-20
      Issue No: Vol. 7, No. 1 (2017)
  • Profitability of the Momentum Strategies in the Tunisian Stock Market

    • Authors: Ramzi Boussaidi, Chaima Hmida
      Pages: 17 - 32
      Abstract: This paper examines the profitability of the momentum strategies in the Tunisian stock market using all the listed firms for the period 1991-2015. The stock performance is measured by the returns and the cumulative abnormal returns during a formation and holding period of 3-12 months. We found evidence of momentum profitability especially for the sub-period 2003-2015. Buying the tercile or the quintile portfolio of stocks that have performed well in the past 3, 6 and 9 months and selling the tercile or quintile of the stocks that have performed poorly during the same periods, generate statistically and economically positive returns during the subsequent 3, 6, 9 and 12 months.
      PubDate: 2016-01-19
      Issue No: Vol. 7, No. 1 (2016)
School of Mathematical and Computer Sciences
Heriot-Watt University
Edinburgh, EH14 4AS, UK
Tel: +00 44 (0)131 4513762
Fax: +00 44 (0)131 4513327
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