Dans cet article nous nous proposons d’étudier l’impact des caractéristiques du conseil d’administration sur la performance des PME. Les caractéristiques du conseil d’administration qui ont été retenues sont la structure, le fonctionnement et les rôles joués par cet organe. En...

We study the impact of social capital in both simple theoretical and em- pirical model with the main assumption is the price of physical capital is a decreasing function of social capital. In our theoretical model, there exists a critical value such that ffrm will not invest in social capital if...

The objective of this article is to apply the technique of the PLS logistic regression to the forecast of the financial distress of the French firm. This research is motivated by the shortcomings of traditional models. The sample consisted of 800 French SMEs for which accounting and financial...

In all the defensive measures against takeover bids, those based on rules limiting voting rights are generally cited as the most effective. Ironically, the supposed efficacy seems to have never been tested or modeled. This is precisely the subject of our article that focuses in terms of...

The stochastic dominance ordering over probability distributions is one of the most familiar concepts in economic and financial analysis. One difficulty with stochastic dominance is that many distributions are not ranked at all, even when arbitrarily close to other distributions that are....

Innovation is widely recognized as a key driver of economic growth and competitiveness. Previous works dealing with it has specially focused on its effect on the economic performance of innovators. In this context, the literature distinguishes between four kinds of innovation: product, process,...

Despite the increasing attention to ethical investments, the empirical studies on Islamic indices are scarce. The main goal of this article is to investigate whether Dow Jones Islamic index 100 titans (DJI100) delivers persistent performance. Using the Carhart (1997) four-factor model, we...

this study investigates the relationship between financial development, economic growth and poverty reduction in Bangladesh using quarter frequency data over the period of 1975-2011

Past studies suggest that the Islamic Â…nance system is only weakly linked or even de- coupled from conventional markets. If this statement is true, then this system may provide a cushion against potential losses resulting from probable future Â…nancial crises. In this article, we make use...

This publication presents a comparison of the distinctive roles of innovative communities and virtual communities, in the perspective of organizational creativity. The main line of investigation concerns the informational mechanisms chosen respectively by innovative communities and virtual...