Première Partie. - Prédominance asiatique en Afrique. - La Chine en Afrique. Une utile mais encombrante présence/François Lafargue. - Le "péril jaune" en RDC: mythe ou réalité?/Sophie Wintgens et Bob Kabamba. - L'Afrique, espace d'action pour l'influence indienne?/Olivier Dupont et Chacko...

In the three-year period following stock market liberalizations, the growth rate of the typical firm's capital stock exceeds its pre-liberalization mean by an average of 4.1 percentage points. Cross-sectional changes in investment are significantly correlated with the signals about fundamentals...

Purpose- This study investigates the impact of Corporate Social Responsibility (CSR) on stock prices of Indian listed companies. The literature reviews show a strong contradictory of the relationship between CSR and stock prices which is still debatable. This study will tell whether there is a...

Over the last three decades, Indian equity markets generated strong investment returns with local currency returns of nearly 15%. In this article, we show that adding a global equity allocation resulted in lower portfolio risk. Additionally, against the commonly held perception, the improvement...

Acquisitions by emerging market firms of targets located in developed markets have increased drastically over the recent years. We use this setting to test Coffee's (1999) bonding hypothesis in a cross-border M&A context by examining whether acquirers adopt the corporate governance practices...

Foreign institutional investors have become significant players in the increasingly global financial markets. I examine the role of institutional investors in accelerating the development of capital markets and economies abroad, the determinants of their investment, both in the domestic and...

There has been renewed advocacy for restrictions on international financial flows in the wake of the recent financial crisis. Motivated by this trend, we explore the extent to which cross-border flows affect real economic activity. Unlike previous research efforts that focus on aggregated...

This paper examines the impact of daily foreign institutional investors' (FIIs) investments on the Indian market from January 2010 through January 2014. The motivation for the study is that the past studies on this topic are based only on examining the relationship between FII investments in...

Retail in India has a good growth potential but this sector is the least evolved with the growth of organized retail being substantially slow. In such a scenario, the government of India in early 2013 allowed 51 percent FDI in multi-brand retail. FDI plays an important role in the economic...

Foreign Direct Investment (FDI) refers to an investment made by a company based in one country in to another company based in other country. FDI is often preferred over Foreign Institutional Investments (FII) as it considered to be the most beneficial form of foreign investment for an economy....