We investigate the dynamics of regional financial integration and its determinants in the context of an ICAPM accounting for the deviations from PPP as well as temporal variations in both regional and local sources of risk. Using data from four major countries of the Southeast Europe, our...

This paper attempts to evaluate the time-varying integration of emerging markets from a regional perspective based on a conditional version of the International Capital Asset Pricing Model (ICAPM) with DCC-GARCH parameters that allows for dynamic changes in the degree of market integration,...

Purpose: This article aims to clarify the role of social capital and social capital inequality embedded in bank ties in enabling and diversifying new firms' debt use. Design/methodology/approach: The study adopts a quantitative method, using an unbalanced longitudinal dataset covering three...

Part I: Corporate Ownership Structure and Corporate Governance -- Part II: Issues in Executive Compensation -- Part III: Boards of Directors: Roles, duties, and Responsibilities -- Part IV: New Trends in Corporate Governance: Towards a More Effective and Sustainable Governance