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This paper shows that the finance and growth relationship is as important in resource-based economies as in other economies. This paper also documents less developed financial systems in resource-based economies and banks that are more liquid, better capitalized and more profitable, but give...
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This paper investigated the impact of financial development on growth in a resource endowed environment, Nigeria. Based on time series data culled from CBN statistical bulletin for 1981 to 2015. Using the endogenous growth model to specify the relationship among the variables the paper...
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The financial services industry is „special“ in a variety of ways, including the fiduciary nature of the business, its role at the center of the payments and capital allocation process with all its static and dynamic implications for economic performance, and the systemic nature of problems...
Persistent link: https://www.econbiz.de/10010295527
This paper studies the effect of product market competition on the compensation packages that firms offer to their executives and in particular its impact on the sensitivity of pay to performance. To measure the effect of competition we use two different identification strategies on a panel of...
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