This study is a sequel to the Singh and Hamid's monograph (IFC Technical Paper No. 1) on corporate financing patterns and structures in nine industrializing economies. Singh and Hamid's was the first large scale research on this subject and it yielded quite unexpected results. The two authors...

Hyper-inflation can have a severe distortionary effect on the pattern of corporate finance which is apparent from company accounts. A simple algorithm, based upon the method of inflation accounting applied in Brazil, is developed and applied to the accounts of Turkish listed companies for the...

This paper studies the impact of takeovers on the profitability of the participating companies and the influence of institutional investors on this process. It involves an original approach to assessing the profitability impact by modelling the dynamics of corporate profitability. It is shown...