In this article, we conduct an empirical study to investigate the impact that economic sanctions imposed on each country have had on the rate of GDP growth in the countries that have been targeted and stock price volatility. Our sample encompasses the years 2002 to 2018 and includes 100...

This study investigated the impact of Corporate Diversification, investment, Capital structure, and dividend policies on a firm’s financial performance. The dependent variables taken for measuring the financial performance of the firms included ROE, ROA, and Tobin’s q. The independent...

Conventional wisdom suggested that investment flows in where you have abnormal returns that resulted in a high productivity area. However, FDI behaves peculiarly, as most are targeted towards developed countries where excess competition drives down returns and ultimately productivity. On the...

In the last decade, one of the biggest global issues that have been debated upon is whether increased rates of migration, diversity, and the resulting polarization stemming from these factors have any impact on economic growth and the development of countries. Accordingly, this paper explores...

Financial Liberalization in recent years is seen as a driver of economic growth. However, at the same time, many authors have argued that free capital mobility produces macroeconomic instability and contributes to financial vulnerability in emerging nations. For example, Stiglitz (2002) has...

The main aim of this study was to investigate the impact of culture, values, institutions, and happiness on the world's philanthropy. Culture is measured by Hofstede index (i.e. individualism-collectivism, masculinity-femininity, long and short-run orientation, uncertainty avoidance, power...