Showing 1 - 10 of 4,422
developed, starting with existing case studies of current conflicts over industrial mining in sub-Saharan Africa and building on … bestehenden Fallstudien zu gegenwärtigen Konflikten um den industriellen Bergbau in Subsahara-Afrika sowie aufbauend auf eigene …Industrial mining is currently one of the fastest growing sectors of the world economy, particularly in the Global …
Persistent link: https://www.econbiz.de/10012019475
Since 1992 Ethiopia has been engaged in liberalizing its financial sector. The hallmark of the strategy is gradualism. The approach is not without problems especially from Bretton Woods Institutions that saw the reform as a sluggish process. This study examines this liberalization program by...
Persistent link: https://www.econbiz.de/10010333062
This study examines the governance attributes of post-IPO (initial public offering) retained ownership of private equity in business group constituent firms in contrast to their unaffiliated counterparts, in 202 newly listed firms in 22 emerging African economies. We adopt an actor centred...
Persistent link: https://www.econbiz.de/10011442471
level, in Africa. To reach the study's main goal, the authors adopted the Panel-Corrected Standard Errors (PCSEs) and Panel …) The cryptocurrency market hurts the firm market value in Africa. (b) The firms operating across different sectors respond … disproportionally to the cryptocurrency market. For instance, the sectors that offer low returns in Africa (industrial, energy …
Persistent link: https://www.econbiz.de/10013200943
Utilizing the stochastic frontier approach, this study conducts a comparative analysis of profit efficiency and cost inefficiency of commercial banks operating in 29 sub-Saharan African (SSA) countries by bank ownership (domestic bank, SSA foreign bank or non-SSA foreign bank), as well as by the...
Persistent link: https://www.econbiz.de/10010280259
This paper analyzes the relationship between capital structure, corporate taxation and firm age. We adapt a standard model of optimal capital structure choice under corporate taxation, focusing on the financing and investment decisions a young firm is typically faced with. Our model allows to...
Persistent link: https://www.econbiz.de/10010293406
Even though it is well documented that privatization leads to an improvement in the performance of state-owned enterprises (SOEs) following divestiture, it is argued that the existing literature suffers from a misspecification measure because it does not consider the performance of control firms...
Persistent link: https://www.econbiz.de/10011335746
Foreign direct investment has been one of the main drivers of economic developments over the past few years in Central and Eastern Europe (CEE). Within the ongoing globalization and international division of labor, a large number of foreign companies have established production units in CEE...
Persistent link: https://www.econbiz.de/10010322262
This paper compares the post-investment value-added activities performed by governmental venture capital (GVC) and independent venture capital (IVC) for their portfolio companies, and controls for the selection effect that the different investment profiles of these investors might have on the...
Persistent link: https://www.econbiz.de/10010326858
Das internationale Bankensystem stand in den vergangenen Jahren im Fokus des öffentlichen Interesses. Bei der Diskussion möglicher Optionen zur Verbesserung der Finanzsystemstabilität rückt zunehmend die Corporate Governance in Banken in den Fokus. Der vorliegende Forschungsbericht widmet...
Persistent link: https://www.econbiz.de/10011698354