The English Premier League is often quoted as being the ‘best football league in the world’, a mix of British born and international stars showing off their skills almost every week. With around 25 % of Premier League players being from ethnic minority backgrounds, it is arguably one of the...

For the first time, an extreme value analysis is provided for financial data from Africa. The results of analysis show evidence of emerging economies in Africa. Copyright Springer Science+Business Media Dordrecht 2014

Introduced in the 1980s, value at risk has been a popular measure of financial risk. However, value at risk suffers from a number of drawbacks as measure of financial risk. An alternative measure referred to as <italic>expected shortfall</italic> was introduced in late 1990s to circumvent these drawbacks. Much...

The anger that comes from watching and feeling failure in development, in addition to the anger that comes from the West's reluctance or refusal to recognize thought and religious conviction needs to challenge us towards major institutional reform for a wider and drastic democratization of the...

Stephen Chan OBE is Professor of International Relations and is widely respected as a distinguished academic who has made a major contribution to the academic understanding of international politics in general and African politics in particular. He has also made a significant impact on political...

Papastathopoulos and Tawn [Papastathopoulos, I., Tawn, J.A., 2013. A generalized Student’s t-distribution. Statistics & Probability Letters 83, 70–77] proposed a generalization of Student’s t distribution to account for negative degrees of freedom. Here, an alternative distribution that...

Following up on the work of Nadarajah and Teimouri [Nadarajah, S., Teimouri, M., 2012. On the characteristic function for asymmetric exponential power distributions. Econometric Reviews 31, 475–481], we derive here, for the first time, explicit closed-form expressions for the characteristic...

This paper uses stock price informativeness, or information-based stock trading, to help explain the pay-performance sensitivity (PPS) of chief executive officer (CEO) compensation in China's listed firms. We argue that higher stock price informativeness, which we measure by the probability of...

According to the relevant statistical data in National Agricultural Cost-benefit Data Compilation (2001-2013), we use the modified entropy weight—TOPSIS model to research the cost-benefit status of scale pig breeding in Shandong Province from the perspective of comparing it with that of...