This paper investigates the dynamics of information flow between stock return and trading volume in the Tunisian Stock Market (TSE) using intraday data covering the year 2006. The Cross-Correlation Function (CCF) suggested by Cheung and Ng is employed to detect the causality in mean and in...

This paper explores the association between the nominal and real exchange rate of the New Zealand dollar against US dollar and the price of milk, using daily data spanning the period 2000-2011. Through the error correction model approach and the generalised autoregressive heteroskedastic...

This study investigates the role of industry level factors in determining merger activity in an emerging economy. The study uses information from India, which has witnessed acceleration in merger activity subsequent to recent economic reforms. Departing from the existing literature, we proxy...

This paper reports the findings of a study that examined the relationship between information management practices of small and medium size enterprises (SMEs) and their access to bank finance. Data were collected with a researcher-administered questionnaire and analysed using non-parametric...

This study investigates the role of industry level factors in determining merger activity in an emerging economy. The study uses information from India, which has witnessed acceleration in merger activity subsequent to recent economic reforms. Departing from the existing literature, we proxy...

This paper reports the findings of a study that examined the relationship between information management practices of small and medium size enterprises (SMEs) and their access to bank finance. Data were collected with a researcher-administered questionnaire and analysed using non-parametric...

The current global financial crisis has revealed many failures of the conventional banking system. However, this context of turbulences has presented the Islamic banking system with a great opportunity to introduce its fundamental methods and principles inspired from the Islamic Shariah law. The...

This research studies why commercial banks in the USA failed in the recent financial crisis from the aspect of risk taking by the financial institutions. First, lending risks come from the choice of illiquid assets that affect the quality of loans. Second, risk of securitisation is rooted in the...