Why nations fail? An answer is given by Acemoglu and Robinson (2012) by pointing out the importance of institutions for an economy that leads to innovations for economic growth. Christensen (2012) asks a similar question for a firm and diagnoses why companies fail. In this study, I relate...

Manipulative transactions, which affect both the supply and demand side of the markets, have been studied by academic circles and it was concluded that manipulation exerts negative impact on markets. A market with manipulation is considered as less trustworthy and credible compared to a market...

In this paper, we use the Empirical Bayes estimation and multiple linear regression approach to examine the impact of the top 5 cryptocurrencies' crash risks on the G-7 and China equity markets' crash risks. MATLAB was used to calculate the crash risks, while Stata software was employed for the...

Manipulative transactions, which affect both the supply and demand side of the markets, have been studied by academic circles and it was concluded that manipulation exerts negative impact on markets. A market with manipulation is considered as less trustworthy and credible compared to a market...

The developments in the trade flows during the last few decades show a changing structure of it as trade between countries other than developed ones has gaining more importance than ever. Traditionally, raw materials and goods based on labor intensive or low skill, low technology production flow...

Governance of market intermediaries is an integral component of efficient equity markets especially in emerging economies. In this study, we investigate two main research questions using a unique individual trade level data from the Istanbul Stock Exchange (ISE): Do brokers conduct manipulative...

This paper investigates effects of macroeconomic conditions in an economy on government procurement (GP) auctions. Specifically, two research questions are examined: 1) What are the eff ects of macroeconomic variables on the competitive environment (number of bidders) in GP auctions? 2) How does...