We examine the risk transmission from the COVID-19 to metal (precious and industrial) and energy markets using the BEKK-MGARCH model. The findings reveal the significant and negative volatility transmission from the COVID-19 to gold, palladium, and brent oil markets, suggesting the safe-haven...

The research objective was to analyze the financial performance of the miningcompanies of the Metal and Mineral sub-sectors listed on the Indonesia StockExchange in the 2014-2018 period. The performance evaluation method uses ratioanalysis, which consists of ratios; Liquidity, activity, solvency...

Classical inventory theory suggests that inventory plays a vital role in matching demand and supply. This paper provides both macro and micro evidence that inventory can be used as a financial instrument to take advantage of arbitrage opportunities in financial markets with limited capital...

While it is by now well known that the privatization of township- and village-run enterprises (TVREs) has been rapidly and widely taking place in China, it is much less known whether and to what extent privatization has improved resource allocation and productivity. As a first step toward the...