The unprecedented financial crisis of 2008-2009 has called attention to limitations of existing methods for estimating the default risk of financial intuitions. Over the past decade, we have had considerable success at predicting default and credit relative value using Merton-type structural...

The main aim of this article is to investigate the accuracy of the Multivariate Generalized Autoregressive Conditional Heteroskedasticity Model (M-GARCH) for the selection of the best investment portfolio. There is extended literature on M-GARCH in this field with a great number of studies using...

The study focuses on economic growth in SADC by examining the role of institutional variables; determining the key drivers and finding out the strength of the marginal effects of institutional quality. The study used a GMM estimator by Arellano and Bond (1991) and annual country data covering...

Although many central banks actively sterilized intervention, there is still no consensus on sterilized effect on the inflation in the long - term. This study aims at answering the question of whether or not sterilized intervention by the central bank of Egypt causes inflation in the long term....

Unemployment and job creation are central to the development agenda in Nigeria especially with the rising rate of youth unemployment resonating within the Country. Strategies and measures have been put in place to curb these appalling rates via a professionalized system of education that will...

This paper examines the knowledge creation process that takes place in a group of superstar innovators. How does a superstar innovator influence the generation of knowledge in a team? In particular, does the effect increase nonlinearly as the number of talented team members increases? We explore...

In this paper, the authors use analytical method of explore factor analysis to determining factors that are components of the corporate customer satisfaction in Ho Chi Minh City (HCMC). This paper conducted during the period from March 2012 to December 2014. The exploratory factor analysis...

In Cameroon, entrepreneurial activities are developed from two main cities namely; Douala and Yaound¨¦. Therefore researches on entrepreneurship development in Cameroon are based on entrepreneurs from these main cities, while other regions entrepreneurial activities are not considered as a...

Human dignity is currently defined as the grounding of human rights. In order to understand this notion, it is possible to conceive it as a consequence of a broader philosophical phenomenon: the construction of modern individualism. Thus, this article aims to understand the connections between...

The Republic of Moldova is one of the European countries with a multiethnic population and a culture which has been constituted over a long historic period. The allergenic population living for centuries on this territory and having contact with the indigenous population did not lose its...