Purpose: The purpose of this paper is to explore how ownership concentration affects cost of debt (CoD) in one of the most important emerging markets in the Middle East and North Africa, Morocco. Design/methodology/approach: The study employs panel data analysis using non-financial firms listed...

Purpose: This paper aims to document the impact of inadequately educated workforce on the extent of financing obstacles experienced by firms. Design/methodology/approach: The authors use the data provided by the World Bank's Enterprise Surveys to test our arguments. The data were collected...

Purpose: This paper aims to document the impact of corporate cash holdings on firm performance in Middle East and North African (MENA) emerging markets. The authors also examine how the quality of national governance shapes the interaction between corporate cash holdings and firm performance....