This paper presents the first empirical evidence in the history of banking on the question of whether banks can create money out of nothing. The banking crisis has revived interest in this issue, but it had remained ...

n/a

Prior work examining the antecedents of capital structure for small and-medium sized enterprises (SMEs) in emerging markets is limited. This paper sheds some light on how the corporate governance mechanisms adopted by firms ...

This paper investigates the relationship between capital structure and firm performance, paying particular attention to the degree of industry competition. The paper applies a novel measure of competition, the Boone ...

This paper examines the way in which causal mapping, aided by group decision software, adheres to the tenets of procedural justice. Causal mapping workshops utilise a dual facilitation process that enables the participants’ ...

The right to vote is seen as a pillar of modern democracies and a component of a ‘good life’ of social participation. In the UK that right is extended to all adults unless they have been convicted of an offence in perverting ...

This paper investigates the causal linkages in volatility between crude oil prices and six major bilateral exchange rates against the U.S. dollar in the time-frequency space using high-frequency intraday data. Special ...