This paper employs a conditional version of the International Capital Asset Pricing Model (ICAPM) to investigate the determinants of regional integration of stock markets in the Latin America over the period 1996-2008. This model allows for three sources of time-varying risks: common regional...

The purpose of this study is to verify the impact of CEO Age on real earnings management. Our empirical study is based on a sample of 7481 American firms from 2000 to 2009. Firstly we document a positive and significant relation between CEO Age and real earnings management and as a supplement...

This article takes a time scale perspective to examine the interactions between crude oil and stock

Working away from home might bring higher earnings than working near home. However, the absence of parents due to work can have unexpected effects on children. This paper examines the effects of the temporary absence of parents on the well-being of children aged 5–8 years old in Vietnam, using...

This paper evaluates the time-varying integration of the Singapore stock market in the ASEAN-5 region based on

Moroccan’s trade deficit has worsened the last ten years. Actually, it stands at 42,3 billion dirhams. The aim of this study is to examine that export performance of Moroccan SMEs depend mainly on the managerial practices of their managers, more than the exogenous factors. Morocco is an...

The results in this paper show that a policy maker who ignores regional data and instead relies on aggregated integrated assessment models will strongly underestimate the carbon price and thus the required climate policy. Using a stylized theoretical model we show that, under the mild and...

In this paper we test for the existence of equity market contagion originating from the United States to OECD markets over the period from 01/01/1990 to 01/11/2010 characterized by several episodes of financial crises. Our empirical analysis relies on the use of an ICAPM model which has three...

We examine Africa’s increasing reliance on hydropower in light of climate change induced variations in rainfall and the potential power outages that may result. We use a continent wide riverflow model and IPPC climate change scenarios and show that current plans for African dam building are...

Ce papier examine la relation entre le niveau de divulgation volontaire des informations et le coût des fonds propres. En effet, la théorie suggère que la relation entre la divulgation volontaire et le coût des fonds propres est négative, tandis que les travaux empiriques n’ont pas...