The income smoothing purposes tend to vary across firms and countries depending on firms characteristics and environment. Following an overview of hypotheses, the empirical analysis investigates whether the tendency of bank managers to convey private information over income smoothing depend on...

The study investigates selected factors affecting crime rates in the EU-15 countries during the years 2000 to 2007 with an especial focus on inflation rate, level of education, income and employment. While these topics have been investigated in former studies, the present study adds by...

In recent years significant researches have been done to identify what are the determinants of financial development. With regard to this outline, the main objective is to investigate the effect of economic, political and social dimension of institutional quality, as well as the effect of...

Using a large panel dataset covering 150 countries over the period 1990-2010, this paper aims to address the question of how financial structure changes when economies are liberalised and access international capital markets. Specifically, in this study, globalisation is characterised not only...

High technology exports (HTX) are considered as an important factor for sustainable economic growth for a country. One of the most important prerequisite to high tech manufacturing and export is technology ownership. Technology ownership can be gained through technology transfer by the way of...

Using a panel of 24 OECD countries, we study the link between the autonomy of sub-national governments and the quality of governance of a country. The results show that fiscal autonomy worsens citizens' perceptions of governance quality. In particular, the delegation of policy responsibilities...