The study aims to provide a comprehensive empirical analysis of the links between political risk and institutional quality features and cross-border capital flows of the African countries. We examine both FDI and bank inflows over the period 1990 to 2014 and find that such features are much more...

This paper attempts an empirical examination of the interaction between corruption, political instability and the mortality rate, as well as their transmission mechanisms in Sub-Saharan Africa. We use panel VAR techniques to test the causality and the cointegration between these three variables...

Vietnam has experienced political unrest from its founding in 1945 up to 2000. However, since 2000, hints of stability in systems have been seen. Political unrest over time strengthens the foundations of corruption in the nation. By considering the function of per capita income and natural...

This study employs the firm-level political risk (FLPR) measure proposed by Hassan et al. (2019) to explore the association between firms’ political risk and their earnings management practices. Test results confirm that firms facing higher FLPR engage in higher real and accrual-based earnings...

A stable economic condition is crucial for an organization's success. Any fluctuation in economic policy directly influences corporate-level decisions. However, exercising better governance can mitigate the adverse effect of such unstable economic conditions. Owing to this, the current research...

In this paper, we present novel data from the German-speaking area on 13,422 venture capital investments between 1999 and 2019, and document a novel and yet unexplained contributor to investors' home bias. We propose a new measure of regional identity based on a recent vehicle license plate...

Evidence show that IGAD member countries are the most political unstable countries in the world. On the other hand, literatures on the subject reveal that youth unemployment contributes the most towards the political instability across the world. Nonetheless, investigation on the effect of youth...