This paper examines the relationship between education expenditure and economic growth in China and India by employing annual data from 1970 to 2005. This study utilizes multi econometric tools such as the Johansen-Juselius (1990) co-integration test, Ordinary Least Square (OLS) method, Dynamic...

This paper compares the market value of microcredit and personal loans to entrepreneurs. Based on primary data collected on a database of loans for entrepreneurs in Brazil, this work used the model of Blattber and Deighton (1996) – a marketing strategy model that applies financial evaluation...

The number of apartment housing defect lawsuits has been gradually increasing in Korea. Wasted time and costs in social terms resulting from defect lawsuits are becoming a serious issue. Apartment housing defect lawsuits occur due to disputes on defects caused by conflicts among participants...

The purpose of this paper is to investigate the relationship between trade openness, financial openness and macroeconomic volatility in Pakistan. For this purpose, time series data from 1970-2010 and ARDL co integration technique was used to find the long run relationship. The results proposed...

This study investigated into working capital management (WCM) practices of small to medium sized manufacturing firms operating in diverse industry groups of the Mauritian economy. Previous studies have revealed that SMEs tend to neglect this area and are often credited as the main reason for...

The Millennium Development Goals (MDGs) recognise gender empowerment as an effective strategy to enhance human development, combat poverty and stimulate sustainable development. Governments in Sub-Saharan Africa (SSA) pledged commitment by undertaking a number of declarations and policy...

Using the KMV model, which was developed based on the Black-Scholes option pricing theory, we calculated expected default frequencies (EDFs) of construction companies and compared and analyzed the characteristics of changes in their financial conditions for each category assigned, according to a...

This paper studies the effect of the quality of annual reports on investor’s decisions in the Tunisian financial market. We measure the qualities of content and form of financial reports and their effects on investors’ decisions, particularly on stock prices. We used a sample of 175...

This paper deals with the analysis of a group of emerging countries so as to identify the scale of the subprime crisis on their economic growth. In this context, we will discuss a panel data analysis. We will try to econometrically examine the real impact of the crisis on the economic growth in...

The aim of this paper is to analyze the relationship between the efficiency of governance structure and financial performance. An extensive literature focuses on the potential link between corporate governance and firm performance. Most studies are interested only in one aspect of governance,...