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The concept of purchasing power parity (PPP) is used to evaluate whether eight East Asian currencies were overvalued on the eve of the 1997 crises. The Johansen and Horvath-Watson cointegration test procedures are applied to bilateral and multilateral exchange rates, deflated using CPIs,...
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-led industrialization : big buyers in Taiwan -- An economic way of life : the round table -- Big business, small firms : meat and soup … -- The search for a new economy : the tipping point -- High technology industries in Taiwan : turning on a dime … -- Consolidation in China : a new age of mass production -- Consolidation in China : computers and smartphones -- Greater Taiwan, circa …
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This paper examines whether the six largest and most active emerging stock markets are informationally efficient with respect to changes in the money supply. To investigate if stock prices fully reflect the information contained in money supply changes, two different econometric techniques are...
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This study investigates whether the provision of non-audit services (NAS) is associated with accounting quality and whether political connection moderates the relationship between the NAS and accounting quality. The sample includes 2,245 firm-year observations from Malaysia during the period...
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