This paper examines the impact of bank revenue diversification on the performance of banks in an emerging economy. Using a unique dataset with detailed information on non-interest income, our findings show that, conversely to studies on Western economies, a shift toward non-interest activities...

This study aims to understand what factors allow the subsidiaries of emerging multinationals to develop innovations that are used by the parent company, that is, what factors drive reverse innovation. The respondents of the survey were Brazilian multinationals with manufacturing activities or...

Purpose- This research aims to investigate the timeliness of financial statements of the companies across the European Union‘s emerging economies. Research Design- Out of the emerging economies from European Union, the following sample was constituted: the companies listed on Bucharest Stock...

In the present paper we will try to present the relationship between the emerging economies and the concept of sustainable development. Emerging economies are considered very important in the context of globalization and some economists believe that there are at least five emerging economies...

We study the sovereign default model that has been used to account for the cyclical behavior of interest rates in emerging market economies. This model is often solved using the discrete state space technique with evenly spaced grid points. We show that this method necessitates a large number of...