Improved integration of stock markets has led to a surge in cross-border listings. While academic research has, in the past, concentrated on foreign listings with the host market being located in the USA or Western Europe, this study looks at foreign companies quoting shares on Central and...

This study makes an innovative approach towards rating the profitability of microcredit. A sample consisting of 24 micro-finance institutions (MFIs) operating in different regions worldwide is observed over a period of up to 9 consecutive years. The capacity of those institutions to generate...