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This paper contrasts the performance of three time series models, a simple stochastic drift, GARCH, and a time varying parameter CAPM for three of SADC's smallest equity markets: Namibia, Swaziland and Mozambique. Analysis of the portfolio characteristics for each reveals the level of...
Persistent link: https://www.econbiz.de/10009480484
We examine how corporate governance indicators such as board size, board composition and CEO duality impact on financing decisions of firms. Panel data covering the five year period 1999-2003 from forty-seven (47) listed firms on the Nairobi Stock Exchange (NSE) was used. Analysis was done...
Persistent link: https://www.econbiz.de/10009480487
Although global changes like political security, depletion of natural resources,energy supply and global warming are affecting all continents; Africa strugglethe most to cope with these changes. This is due to the many historicalimpediments that Africa still has to overcome. Examples of these...
Persistent link: https://www.econbiz.de/10009442141
kausale Beziehung zwischen ausländischen Direktinvestitionen (DI) und Wirtschaftswachstum in 6 lateinamerikanischen Ländern … aufgeworfen, wie die Interaktion zwischen DI und inländischem Wirtschaftswachstum zu sehen ist. Auch wenn in der theoretischen als … auch empirischen Literatur signifikante Belege für eine Verbindung zwischen DI und Wirtschaftswachstum zu finden sind, so …
Persistent link: https://www.econbiz.de/10009476170
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Persistent link: https://www.econbiz.de/10010353250
While there is an agreement that the Fordist accumulation regime has come to an end in the course of the 1970s, there is no agreement on how to characterize the post-Fordist regime (or if a such is already in place). The paper seeks put together various arguments related to financialization (in...
Persistent link: https://www.econbiz.de/10009468084
Small juristical companies financial system The main purpose of this project was to analyze financial activity of chosen small company and to create the appropriate software tool. Using it, data would be centralized, and well protected. This system works in the Local Area Network. Also here is...
Persistent link: https://www.econbiz.de/10009478321
At present time in the credit sector of Lithuania in line with commercial banks one can find small cooperative financial institutions or credit unions. A credit union is a credit institution, established on a cooperative basis, which supplies various financial services to its members. A credit...
Persistent link: https://www.econbiz.de/10009478657