Corporate credit ratings have become more important after the 2008 financial crisis. To explore the mystery, we employ the ordered probit regression models to examine the relationship between the credit rating and financial ratios in electric utilities, chemicals and communications equipment...

This paper deals with main issues related to the Russian government support of strategic companies. The authors focus on specific measures taken by the Russian government. They analyze key areas and instruments of government support.

This study examines the motives for Russian outward foreign direct investments (OFDI) around the world. Using firm-level data for Russian firms, home and host country economic, geographical, cultural and institutional drivers of Russian OFDI are analyzed. Findings show that Russian OFDI seems to...

The years following the 2008 financial crisis have been marked by general economic malaise, yet the period has been relatively prosperous for the agricultural sector. As a result, many investors have recognized the potential for farmland as an investment alternative. This study compares...

This article is an updated version of the article “Financial Wealth: Sustained but High Gains and a Collapse for the Ages: An Estimate of Cycles of Buildup and Destruction of Wealth 2002–2009†from the January 2010 issue of the Global Journal of Emerging Market Economies (Loser...

The dynamic behavior of the term structure of interest rates is difficult to replicate with models, and even models with a proven track record of empirical performance have underperformed since the early 2000s. On the other hand, survey expectations are accurate predictors of yields, but only...

The dynamic behaviour of the term structure of interest rates is difficult to replicate with models, and even models with a proven track record of empirical performance have underperformed since the early 2000s. On the other hand, survey expectations are accurate predictors of yields, but only...

In this article, we study the possible explanatory power of macroeconomic factors that may drive the stock market integration between the Czech Republic, Poland and Hungary (CEE-3) and developed countries, using Germany as a benchmark. Our findings suggest that the recent global financial crisis...

Macroeconomic factors play a pivotal role in attracting foreign investment in the country. This study investigates the relationship between macroeconomic factors and foreign portfolio investment volatility in South Asian countries. The monthly data is collected for the period ranging from 2000...

Recent nancial crises have highlighted the sensitivity and vulnerability of nancial marketsto ination, which reduces the value of money and a ects the net returns of nancial instruments.In response to this, investors who are concerned with maintaining their investment'spurchasing power rather...