This paper contributes to the capital structure literature by investigating the determinants of capital structure of Jordanian companies with the constraint of inadequate long-term debt as their source of financing and regional risk. We firstly document that Jordanian companies mostly depend on...

The firm’s performance and health are explained by firm-specific factors such as capital structure, ownership structure, and cash flow. However, corporate performance and failure are not solely determined by the firm’s characteristics alone, being in part related to the environmental economy...

In this paper, the authors analyze the relationship between banking concentration and financial stability for a sample of 173 developed and developing countries over the period 1980-2011. First, they empirically examined the direct effect of banking concentration on financial stability by using...

The number of participants in accounting practices and academia who use English as their second language is significant and growing. Many of them are involved in making ethical judgements based on information provided in English, which is their second language. It is important to know the effect...

This paper explores the relative efficiency of 65 conventional and Islamic banks in the Gulf Cooperation Council (GCC) region using the Data Envelopment Analysis (DEA) over the period from 2002 to 2010. The empirical results suggest that the proposed input variables are significantly related to...

This study investigates the impact of ownership structure (mix and concentrate) on a company's performance and failure in a panel estimation using 167 Jordanian companies during 1989-2006. The empirical evidence in this paper shows that ownership structure and ownership concentration play an...

Almost all countries in the MENA region entered the new millennium with large unemployment rates. In this context, decision makers emphasize the role of efficient markets which could lead to higher firm creation rates and thereby, to lower unemployment rates. Aside to direct employment effects,...

[eng] Technical Efficiency and Wage Incentives – an Empirical Analysis Based on an Incomplete Panel of Tunisian Textile Industries . by Rym Ben Ayed Mouelhi and Mohamed Goaïed . This study combines the stochastic production frontiers approach with the efficiency wage approach to identify two...

We examine the contribution of FDI on poverty reduction in Sub-Saharan Africa from 1990 to 2005. The effects of FDI on poverty are analyzed through two mechanisms: institutional and economic. First, analyzing the institutional mechanism by a principal component analysis, we find out that...

This paper aims to test jointly two economic puzzles: the effect of financial development and Information and Communication Technology (ICT) on economic growth. Theories predict a positive effect of financial development and ICT on growth but empirical studies on these relationships produced...