Showing 1 - 10 of 1,723
The aim of this study is to analyze investor response to different measures of pension plan performance. To do this, we implement a fixed effects panel data methodology corrected by heteroskedasticity, serial correlation and cross-sectional dependence, as proposed by Vogelsang (2012). The...
Persistent link: https://www.econbiz.de/10010385804
The paper examines the determinants of financial inclusion by specially accounting for the role of institutions in a panel of eighteen (18) sub-Saharan Africa (SSA) countries using a dynamic system of Generalized Method of Moments (SYS-GMM). The emanated findings consistently stress the...
Persistent link: https://www.econbiz.de/10011843531
Hedge funds have become an important part of the financial sector. The development of the hedge funds in the Nordic countries has been rather robust. Therefore, it is important to identify the determinants of the hedge fund performance and isolate the managerial performance, i.e., the Jensen's...
Persistent link: https://www.econbiz.de/10013259009
This paper introduces a new rationale for the existence of "Directors' and Officers'" (D&O) insurance. We use a model with volatile stock markets where shareholders design compensation schemes that incentivize managers to stimulate short-term increases in stock prices that do not maximize long...
Persistent link: https://www.econbiz.de/10010237759
World on return on assets and Tobin’s Q in pooled regression models become weaker and less robust in the case of return on …
Persistent link: https://www.econbiz.de/10008746683
The paper attempts to identify with the help of a panel model the presence of common or divergent development patterns and some significant factors of competitiveness at national and regional level (mainly regarding investment and employment, overall and by main economic sectors). The results...
Persistent link: https://www.econbiz.de/10011522160
This study applied panel analysis to determine the factors influencing interest margins in Nigeria using bank-specific, sector-specific and macroeconomic data ranging from 2010:Q1 to 2014:Q2. Based on the Hausman test, a fixed effect model in a generalized form (GLS) was estimated. The result...
Persistent link: https://www.econbiz.de/10011489784
This paper describes the empirical evidence on partisan politics in OECD panel studies. I elaborate on the research designs, the measurement of government ideology and why the empirical studies do not and cannot derive causal effects. Discussing about 100 panel data studies, the results indicate...
Persistent link: https://www.econbiz.de/10011515448
This article studies the extent of occupational gender segregation in Germany and analyzes the influence of organizational characteristics on the extent of firm level segregation. We use the 2004 and 2008 survey waves of the Linked-Employer-Employee dataset at the IAB (LIAB) and estimate panel...
Persistent link: https://www.econbiz.de/10011297762
This paper investigates whether Southern African Development Community countries that are vulnerable to changes in oil prices could instead substitute oil and petroleum products with biofuels and gas from within the region. A pooled mean group estimator was used to determine the impact of oil...
Persistent link: https://www.econbiz.de/10012003797