This paper investigates the influence of information asymmetry on the cross-sectional variation of volume-return relation. We find that the dynamic volume-return relation within medium-size trades has the most significant response to the degree of information asymmetry. We also show that the...

Recent studies show that significant historical events, particularly the slave trade, had an impact on contemporary African economies. The transmission mechanisms, however, are not well established. The purpose of the present paper is to consider two such transmission mechanisms, notably...

The present paper assesses the interactions between innovation and economic institutions within the context of the inequality-growth nexus. By carrying out fixed effects estimations on a cross-country panel, we find that both institutional quality and innovations improve economic growth at the...

Purpose: The purpose of the study is to construct a relationship model between the consumer resistance to innovation (CRI) and innovation adoption, and the study selected the customer loyalty as the moderating variable. Design/methodology/approach: Based on questionnaire survey and regression...