This paper explores empirically the behavior of the Chicago Mercantile Exchange (CME) bitcoin futures contract. The analysis focuses on the time period between the launch of the CME bitcoin futures contract on December 18, 2017, and September 17, 2018. The behavior of the bitcoin spot market and...

In "Theory of Economic Regulation," Stigler introduces the ideas of demand for, and supply of regulation (Stigler, 1971). Similar to capture in regulation, consultants to institutional investors enhance the benefits of their own firms, create a loss in information ratio to their clients, and...

This paper investigates the macroeconomic effects of tax changes. Using annual data from 1870 to 2013 for a panel of seventeen OECD economies, the empirical findings show that changes in the tax rate have temporary effects on the real growth rate but permanent effects on the level of output. The...

It is well verified, in both theory and practice, that clustering provides significant added value to participating companies. Shipping clusters in particular have been at the core of maritime and transport business strategies, with the most well known ones being developed around major...

Farmers in Nigeria are credit constrained. Thus, access to credit is a sina qua non for achieving the sustainable development goal of sustainable food production and improving the welfare of the farming folks. This study assessed credit utilization among cassava farmers in Ogun state and its...

The main purpose of the paper is to benchmark the ethical behavior of internal auditors in Greece proposing a theoretical framework for ‘ethics’ based on principles and rules of professional conduct. Furthermore, the paper aims at comparing internal auditors’ ethical behavior among the...

The African Union advocates the creation of a monetary union in stages for the entire continent starting with each of the different sub-regions. Building from that, the Southern African Development Community has, among its goals, the creation of a monetary union for its member states. However,...

In any one organization, in Business, Service, Industry or State, Human Resource Management (HRM) is perceived as a set of activities that creates value to both the organization itself in terms of bottom line results and to employees, in terms of well – being and employment/contract terms....

In this paper, for the first time, we apply the Färe-Primont productivity index (FPI) to examine the agricultural total factor productivity (TFP), during the period 2004-2016, in four regions of Greece: Macedonia and Thrace (region I), Epirus, Peloponnesus and the Ionian Islands (region II),...

With the pressing need for quality improvement and with a view to adopting Lean as a systematic management approach in a crisis-ridden health care sector in South Africa, it was an opportune time to investigate the baseline level of knowledge and experience of Lean amongst senior health care...