Purpose: The purpose of this paper is to investigate the factors that tend to influence credit union efficiency, specifically examining cost efficiency (CE) and technical efficiency. Design/methodology/approach: Using a two-stage method, the authors first estimate CE using Tones’ SBM data...

Purpose: This paper examines the effect of financial self-efficacy and financial behaviour on financial well-being and ascertains whether financial well-being affects an individual's level of happiness in life. The authors also show the mediating role of financial behaviour in the relationship...

Purpose – The purpose of this study is to examine the effect of macroeconomic factors on capital structure decisions of emerging firms. Design/methodology/approach – A panel data covering a period from 1990 to 2006 for 34 emerging market countries were analyzed using the seemingly unrelated...

We provide empirical investigations into the nexus between bank market power economic growth using nationalized bank data from 44 African countries from 2002 to 2015. The paper also explores how institutional quality factors influence the mechanisms through which banks with market power...

We examine two key questions in this paper: does access to finance have an association with firm level productivity? And does the fiscal environment have an effect on the relation between access to finance and firm productivity? Our answers are that restrictions to access to finance leads to...

The Purpose of this study is to investigate the determinants of financing preference of Micro and Small Enterprises whilst distinguishing a broader range of financing sources beyond what is typically the case within the corporate finance literature. Under the framework of ordinal logistic...