Using a sample of 1,705 convertible bonds issued by manufacturing and service companies from the United States (1,138 issues); Europe (270); and Asia (297) between 2004 and 2014 this paper investigates the role of callable convertibles in the corporate investment process. This research shows...

The article deals with analysis of investment opportunities of non-state pension funds by indicators of reliability and economic efficiency, which, at the current time of development of the system, fully reflect efficiency of operation of pension funds, when pension payments for a specific...

Motivated from Fama’s (1991) conjecture of an explicit link between the cross-sectional and time-series stock return predictability, we investigate whether the investment factor constructed from the cross-section of stocks also has time-series predictive power for stock returns within...

The article focuses on the role commercial diplomacy (CD) has on enhancing economic recovery of Serbia. Serbia is chosen as a case due to being a small country (in transition), facing many economic problems, largely emanating from its economic structure, with its economy being highly oriented...

The divide in the development of the different European space regions, is exemplified by the different ability to attract investments between rural and urban areas. Urban areas usually assure to investors a broad availability of structures and services that rural areas cannot offer. Another...

Past studies have shown that Philippine productivity growth has been low compared to other ASEAN members. This is specifically attributed to the inward-looking industrial policies pursued by the government. The country has embarked on major trade reforms since 1980s through its commitment to...

The paper refers to 'a theoretical model' created by Bitzenis (2003), named Universal Model, that incorporates most of the Foreign Direct Investment (FDI) theories. What derives from the literature review is the comprehension of the relativity of each theory; there is no FDI theory that...

This research has the primal objective of forecasting the viability of Poland as a present member of European Union taking a step further and joining the inner circle by adopting euro as its currency. A study about short and long term implications of this decision on the country’s economic...

This paper puts forward the case for Thailand’s commercial banks to move towards more sustainable banking practices that proactively contribute towards socially and environmentally sustainable and just societies. It argues that such reforms would also benefit the banks themselves by...