This study aims to investigate the cyclicality of capital adequacy ratios (CARs) in US bank holding companies using a new business cycle index and a non-linear panel smooth transition regression model. The suggested index can predict US business activity with a higher accuracy than existing...

Using NCRIEF farmland and timberland smoothed indices over the period from 1992Q1 to 2012Q3 and a new de-smoothing approach offered by Fisher et al. (1994), we explore the mean-variance diversification features of farmland and timberland assets. Our empirical results show that diversification...

The main purpose of this study is to provide empirical support to a long-debated theory in behavioral and organizational management literature, which relates the incentive conflict of firm’s executives the firm’s efficiency. Using panel data regressions and a novel measure of C-suit...

This paper is an attempt to evaluate the application of Corporate Governance framework issue within Public domain. It is an attempt to quantify the compliance of Greek companies with international best practices

This paper provides the empirical framework to analyse the nature of currency crises by extending earlier work of Jeanne and Masson (2000) who suggest that a currency crisis model with multiple equilibria can be estimated using Markov regime switching (MRS) models. However, Jeanne and Masson...

This paper examines the long and short-run relationships between three Central European Economies stock returns (Poland, Hungary and Czech Republic) and their main western economic and trading partner, which is Germany. We obtain evidence of links between macroeconomic variables and stock...

This study provides a comprehensive analysis of the literature on financial contagion, utilizing meta-analyses and bibliometric and network analyses to uncover critical trends and influences in the field. The investigation revealed the significance of financial contagion in the global economy,...