Purpose: The purpose of this paper is to investigate the effects of information asymmetry (between the realized return and the expected return) on market timing in the mutual fund industry. Design/methodology/approach: For the purpose, the authors use a panel of 1,488 active open-end mutual...

Purpose: The purpose of this paper is to investigate the role of inclusive human development and military expenditure in modulating the effect of terrorism on governance. Design/methodology/approach: It is based on 53 African countries for the period 1998–2012 and interactive generalised...

Purpose: The study has investigated the comparative importance of financial access in promoting gender inclusion in African countries. Design/methodology/approach: Gender inclusion is proxied by the female labour participation rate while financial channels include: financial system deposits and...

Purpose – Are there different determinants in the fight against corruption across African countries? Why are some countries more effective at battling corruption than others? To assess these concerns this paper aims to examine the determinants of corruption control throughout the conditional...

A previous analysis of the impact of formal institutions on the knowledge economy of 22 Middle-Eastern and Sub-Sahara African countries during the 1996-2010 time period concluded that formal institutions were necessary, but inadequate, determinants of the knowledge economy. To extend that study,...