The literature on working capital management (WCM) provides mixed evidence on the effect of working capital on firm profitability and performance. We use firms from developed and emerging economies to explore how working capital and its components relate to firms' performance while controlling...

This research inquiry analyzed the association between corporate governance and firm performance through the mediating role of financial leverage based on panel data of 2568 firms during the period from 2002 to 2017. The study uses a two-step dynamic panel as well as a generalized method of...

Emerging nations are often distressed if their current administration and governance do not align with social and national needs. Among these worries, there is the fear of public funds misconduct and corruption in the nation's major institutions. Indeed, inadequate administration results in...

Chapter 1: General Introduction -- Chapter 2: Entrepreneurial Activity and Economic Growth: A Literature Review -- Chapter 3: A Review of Economic Development Thinking and the Role of Innovative Entrepreneurship: Past, Present, and Future -- Chapter 4: Why Do Some Nations Succeed While Others...