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Assessing the Impact of Ease of Doing Business and Corruption on Economic Growth for Africa Free Trade Zone (AFTZ) Member States
Bonga, Wellington Garikai - 2018
corruption on economic growth of AFTZ member states. The study employed a panel data analysis for the period 2010-2016, using … Stata Statistical Software. The study findings for the bloc, indicated that corruption, trading across borders, getting …
Persistent link: https://www.econbiz.de/10012910879
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The Allocation of Economic Capital in Opaque Financial Conglomerates
Mierzejewski, Fernando - 2009
The capital structure of firms that face restrictions on liquidity (i.e. that cannot hedge continuously) is affected by the agency costs and moral-hazard implicit in the contracts they establish with stockholders and customers. It is demonstrated in this paper that then an optimal level of...
Persistent link: https://www.econbiz.de/10013159445
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New Development of Fiscal Decentralization in China
Wang, Zhiguo; Ma, Liang - Volkswirtschaftliche Fakultät, … - 2012
extensive devolution reforms, China is the ideal context to examine the causes, processes, and effects of fiscal … the latest advancement in the area of fiscal decentralization in China over the past decades. The processes … China fiscal decentralization knowledge contributive, accumulative, and sustainable. …
Persistent link: https://www.econbiz.de/10009650687
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Recession, taxes and economic growth.
Szarowska, Irena - Volkswirtschaftliche Fakultät, … - 2010
The current economic situation forces the governments to find solution how to promote economic growth. Economic theory suggests that differences in taxation may play a role in explaining differences in economic performance. The paper summarizes common features tax related measures used to...
Persistent link: https://www.econbiz.de/10009223334
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Effect of corporate income tax and firms’ size on investment: evidence by Karachi stock exchange
Raza, Syed Ali; Ali, Syed Adeel; Abassi, Zia - Volkswirtschaftliche Fakultät, … - 2011
This study investigates to explore the effect of Corporate Income Tax and Firms’ Size on Capital Investment made in tangible assets by the Manufacturing firms belongs to nine non-financial sectors listed in Karachi Stock Exchange. To examine the study Panel financial Data on annual basis has...
Persistent link: https://www.econbiz.de/10009650031
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Fiscal reform and corporate governance in the Czech Republic
Szarowska, Irena - Volkswirtschaftliche Fakultät, … - 2008
The Czech Republic became a Member State of the European Union in May 2004. Under the EU legislation, prior to adopting the euro the Czech Republic must therefore be an EU Member State and must have fulfilled the Maastricht convergence criteria. The Czech Republic is currently reporting an...
Persistent link: https://www.econbiz.de/10005623305
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The elusiveness of neutrality – why is it so difficult to apply VAT to financial services?
Kerrigan, Arthur - Volkswirtschaftliche Fakultät, … - 2010
Under the VAT system of the European Union, domestic supplies of financial services are exempt. That exemption has significant drawbacks, not least of which is that it compromises the neutrality of the tax. In this article, the author indicates how, depending on government policy views,...
Persistent link: https://www.econbiz.de/10011259222
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Institutional structures of financial sector supervision, their drivers and emerging benchmark models
Melecky, Martin; Podpiera, Anca Maria - Volkswirtschaftliche Fakultät, … - 2012
This paper studies the development of institutional structures for prudential and business conduct supervision of financial services over the past decade for 98 high and middle income countries. It identifies possible drivers of changes in these supervisory structures using a panel ordered...
Persistent link: https://www.econbiz.de/10009652047
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Microfinancing for Poverty Reduction and Economic Development; a Case for Nigeria
Awojobi, Omotola; Bein, Murad - Volkswirtschaftliche Fakultät, … - 2010
The main focus of this research is to juxtapose the features of microfinancing and the institutional forbearance of economic development in Nigeria. Based on empirical study, it has been observed that poverty is multifaceted and its persistence is due to lack of productive resources. The...
Persistent link: https://www.econbiz.de/10009322664
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Development Finance Institutions in Nigeria: Structure, Roles and Assessment
Adesoye, A. Bolaji; Atanda, Akinwande Abdulmaliq - Volkswirtschaftliche Fakultät, … - 2012
The efficient channelling of funds and allocation of financial resources are roles expected to be undertaken in the financial system to facilitate productive growth in the real sector of the economy. There have been overlapping roles in the Nigerian financial system and this has resulted to...
Persistent link: https://www.econbiz.de/10009397208