Purpose: This study aims to show the relationship between competition, financial stability and ownership structure of banks in the Middle East and North African (MENA) countries. Design/methodology/approach: This study uses the generalized method of moments (GMM) estimators to generate research...

Purpose: This paper aims to investigate the impact of regulation and market competition on the risk-taking Behaviour of financial institutions in the Middle East and North Africa (MENA) region. Design/methodology/approach: The empirical framework is based on panel fixed effects/random effects...

Purpose: The concept of social media crisis has been consequently replaced by the term “paracrisis”. However, the economic implications of the paracrises have not been thoroughly researched by now. The purpose of this paper is to examine the potential influence of paracrisis on companies’...

This paper studies empirically the role of different economy-wide factors in explaining cross-sectional variation in stock returns in emerging markets. Using a sample of common stocks, traded on the Bulgarian stock exchange (BSE), we examine the relationship between macroeconomics and capital...

The purpose of this paper is to test how firm characteristics affect SMEs’ capital structure using a unique dataset of micro, small, and medium-sized firms (SMEs) in Central and Eastern Europe (CEE). We carry out a panel data analysis of 3175 SMEs from seven CEE countries during the period...