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We examine two key questions in this paper: does access to finance have an association with firm level productivity? And does the fiscal environment have an effect on the relation between access to finance and firm productivity? Our answers are that restrictions to access to finance leads to...
Persistent link: https://www.econbiz.de/10012953814
We provide empirical investigations into the nexus between bank market power economic growth using nationalized bank data from 44 African countries from 2002 to 2015. The paper also explores how institutional quality factors influence the mechanisms through which banks with market power...
Persistent link: https://www.econbiz.de/10012911379
Persistent link: https://www.econbiz.de/10009890304
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The Purpose of this study is to investigate the determinants of financing preference of Micro and Small Enterprises whilst distinguishing a broader range of financing sources beyond what is typically the case within the corporate finance literature. Under the framework of ordinal logistic...
Persistent link: https://www.econbiz.de/10013143240
Purpose – The purpose of this study is to examine the effect of macroeconomic factors on capital structure decisions of emerging firms. Design/methodology/approach – A panel data covering a period from 1990 to 2006 for 34 emerging market countries were analyzed using the seemingly unrelated...
Persistent link: https://www.econbiz.de/10004979804
Purpose – The purpose of the study is to examine the influence of corporate governance on the flow of firm-specific information in an emerging market. Design/methodology/approach – Synchronicity is estimated under assumptions of contemporaneous and non-contemporaneous relationship between...
Persistent link: https://www.econbiz.de/10014867147
Persistent link: https://www.econbiz.de/10012321174
Purpose – The purpose of this paper is to examine the impact of the regulatory-driven market structure on firm pricing behaviour by testing the structure-conduct-performance (S-C-P) hypothesis for both life and non-life insurance markets in Ghana. Design/methodology/approach – Using a panel...
Persistent link: https://www.econbiz.de/10014788668
Persistent link: https://www.econbiz.de/10010005295