A country's regulatory regime is a major determinant of the ability to realize the benefits of various macroeconomic efforts and initiatives, including trade agreements. Intrinsic and historical differences between goods and services sectors indicate that a country’s regulatory infrastructure...

A five factor e-shopping adoption model grounded upon TAM and an additional dimension of ‘Trust' has been tested through Confirmatory Factor Analysis (CFA). For testing the hypothesized relations as part of the conceptual model, Structural Equation Modeling (SEM) has been employed. A...

The increasing economic importance of born global firms makes it worthwhile to study what leads to their success in the emerging markets. The institutional environment defines, reacts, and limits entrepreneurial opportunities, and also affects the speed and scope of entrepreneurial capability....

Abstract We analyze the behavior of foreign banks who sequentially provide credit to finance projects in an emerging market. The foreign banks are exposed to both project-risks and the macro-economic risk of a currency crisis, and there are no bailout guarantees. Nevertheless, we show that it is...

A substantial body of evidence documents the relationship between macroeconomic variables and stock returns and risk from developed countries. The evidence for emerging markets is limited, particularly identifying risk premia compensations for inflation and exchange rates. This paper attempts to...

This paper examines the effects of automation on the liquidity, volatility, returns and efficiency of shares traded on the Tunisian stock exchange (TSE). By the end of 1996, stocks listed on the TSE were transferred gradually from manual trading to automated trading. The TSE operates a...

This paper examines the impact of changes in interest rates on stock returns in Turkey by using wavelet analysis with Granger causality tests. By using daily closing values of the ISE 100 Index and interest rates, it is proven that starting with the 9 day time-scale effect, Granger interest...

Purpose – This paper aims to detail key findings from Jones Lang LaSalle's (JLL's) biennial Global Corporate Real Estate Trends (GCRES) 2013 study and highlight risks for corporate real estate (CRE) departments arising from global trends. Design/methodology/approach – JLL's second GCRES...

Purpose – Throughout the past 30 years, major economic reforms have been implemented in China; in 2001, China's accession to the World Trade Organization (WTO) was a major step, since it enabled the country to formally join the globalised world. But China entered the WTO without market economy...

Purpose – The purpose of this paper is to study China's strategy of purchasing resource commodities in international markets, what the Chinese government can do to change the current disorderly import system and how China can build purchase alliances to win in international bargaining....