In a global, interdependent and constantly changing environment, not only products and services are competing, but also business models. Corporate success is not longer supported by traditional bases, and companies must get engaged in a process of permanent renewal of its strategy and offer new...

The paper investigates whether the decline in environmental quality in BRIC economies is due to high energy consumption level which is a resultant of rapid economic growth. We answer this using environmental, macroeconomic and financial variables along with Kyoto Protocol indicators based on...

The paper investigates the linkage between economic and financial development and decline in environmental quality in BRIC economies for the period 1992 – 2004. As measure of robustness, we also introduce and examine behavior of results considering USA and Japan. We employ feasible general...

This paper presents an alternative empirical approach for evaluation of the institutional system's development in transition economies and the impact it has on economic performance. We suggested an operational indicator of institutional system dynamics to observe the "institutional...

In this paper we propose an empirical model that considers theoretical facts on the relationship between real exchange rates and the net exports of the economy to supplement the interaction of a number of financial and economic factors with the stock market. We discuss the impact of exchange...

Is there any interrelationship between firm level FDI in the form of cross border Mergers amp; Acquisitions and capital markets growth and quality? We addressed this question using panel data of cross border Mamp;A for nine emerging economies. Our study period goes from 1987 to 2006. We find...