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Most existing studies examine the influence of labor remittance outflows on economic growth in receiving countries, with very few exceptions concerning sending countries. This study employs the nonlinear augmented mean group method to investigate whether remittance outflows have an adverse...
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We study the impact of the 2008 financial crisis on the capital structure of GCC firms. We employ a dataset covering a 10-year period from eight sectors to investigate patterns in corporate leverage before and after the crisis and identify changes in debt financing. Our results indicate that...
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We investigate whether the tax status of a country has an impact on the corporate capital structure. This research question is important and timely given that the empirical literature has not reached a consensus on the effect of taxes on corporate leverage. The Gulf Cooperation Council region,...
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