This paper seeks to add to the current debate about financial development and growth in the emerging world by looking … may be more fruitful for today's emerging world to concentrate more on addressing the needs of savers and borrowers in … each individual system. A major lesson for the emerging world from past financial development is that there are risks …

This paper seeks to add to the current debate about financial development and growth in the emerging world by looking … may be more fruitful for today's emerging world to concentrate more on addressing the needs of savers and borrowers in … each individual system. A major lesson for the emerging world from past financial development is that there are risks …

are slowing down the process of financial globalisation from trickling down to all parts of the world. This paper briefly … economic growth and financial wealth in different parts of the world. The paper analyses the process of financial globalisation …

the association between dividend policy and the investment opportunity set. It is hypothesised that the association is …-sectional logistic regressions of dividend policy on investment opportunity set. The results support both hypotheses. This finding … suggests that with respect to dividend policy, politically connected companies depart somewhat from the goal of shareholder …

greater competitive threats from rival firms in product markets. However, the real effects of dividend policy on product … market outcomes are not widely understood. This paper investigates the causal effects of dividend policy on sales growth in … product markets. Exploiting the 2003 dividend tax cut as the exogenous shock to dividend policy and the cross-firm variation …