The detrimental effect non-performing loans (NPLs) have on banks' income and the economy makes it necessary to examine the determinants of NPLs in the banking industry in Ghana. Using panel regression model, it was found that both bank-specific variables (i.e., previous year's NPL, bank size,...

We make a first step in the literature to analyse a hybrid model of credit rationing with simultaneous presence of adverse selection and moral hazard. Motivated by the observation that credit markets in less-developed countries are rather opaque owing to the lack of necessary institutions to...

This study examines the heterogeneity of the Greek dairy industry based on 'strategic group theory'. Its objectives are: (1) to define strategic groups within the Greek dairy industry; (2) to examine whether firms move between strategic groups over time and (3) to examine the performance...

In this paper, we study global inequality in well-being taking as a theoretical benchmark the Human Development Index (HDI), which comprises variables of income, health and education. We use a two-step methodology that involves the construction of a composite index in the first step on which...