Now showing items 11-16 of 16
Multifactor explanation of security returns in South Africa
(International Journal of Management Practice, 2014)
This paper evaluates the performance of the Fama and French threefactor model in South Africa for individual securities. We employed a multivariate time series methodology similar to Fama and French. The empirical results ...
Trustee board diversity, governance mechanisms, capital structure and performance in SMEs: The case of UK Charities
(Emerald Publishing Limited, 2018-01-23)
Purpose: This paper examines the extent to which corporate board characteristics influence the level of dividend pay-out ratio using a sample of UK small and medium-sized enterprises (SMEs) from 2010 to 2013 listed on the ...
Credit Information Sharing and Loan Default in Developing Countries: The Moderating Effect of Banking Market Concentration and National Governance Quality
Departing from the existing literature, which associates credit information sharing with improved access to credit in advanced economies, we examine whether credit information sharing can also reduce loan default rate for ...
Credit information sharing and bank loan pricing: do concentration and governance matter?
The development of credit information sharing schemes in developing countries has gained significant attention in recent times along with ongoing financial sector reforms. In this paper, we provide first-hand evidence of ...
Foreign equity portfolio flow and corruption: A cross-country evidence
This study examines the impact of foreign equity portfolio investment on corruption. Employing a large dataset of 44 countries from 2001 to 2015 and three different measures of corruption, our results show that foreign ...
Capital structure revisited. Do crisis and competition matter in a Keiretsu corporate structure?
We investigate firm-level determinants of capital structure using a large sample of 4,284 Japanese firms over a nineteen-year period (i.e., over 61,000 firm-year observations), a hitherto less examined sample for this ...