This paper proposes an evaluation of intersectorial contagion risk through the analysis of the network of the intersectorial expositions, on the one hand, and the implementation of the approach of the contingent claims analysis (CCA) on the other hand. From this point of view, the matrix of the...

In this paper a new measure of the banking liquidity based on the liquid assets. On the basis of balance-sheet of the banks of the sample, we could detect the cycles of liquidity which characterize the Moroccan banking system and this between 2001 and 2010. The various results obtained made it...

The study aimed to investigate firm decisions of using interest rate derivatives and factors affecting this decision. Study is conducted by selecting data of 191 non-financial sector companies listed on PSX from 2010 to 2015. Logit model was employed to detect contribution magnitude of foreign...

Using a sample of 828 oil-user firms from 14 net oil-producing countries, spanning from Jan 2004 to Dec 2015, we show that stock returns of oil-user companies increase with lagged oil price returns and decrease with lagged oil price volatility. Furthermore, the evidence suggests that oil-user...

Introduction: The purpose of the paper is to examine what is financial stability in the financial market. This paper is providing the condition of financial instability and connecting the concept with the aggregate economic activities. Case Description: This paper investigates the case of Turkey...

This paper aims to describe the various constituents in financial innovation through a review of the financial innovation literature. Therefore, the approach used in this paper refers to a typical approach to the financial innovation literature that focuses on: (i) conception of financial...

Treasury allows to appreciate the enterprise's performance, having also a strategic role in terms of its training level and usage manners. Release (training) of treasury (cash-flow) is the proof of the strategic position of enterprise in relation to its products, its markets, its competitors and...

Individual investors and financial institutions are increasingly seeking to divest from fossil fuel producers. This article investigates the financial implications of such a move by comparing two types of stock indices: (1) a traditional stock index that includes companies producing fossil fuels...

This research report focuses primarily on the profitability of “Technical Trading Rules” in the stock markets of Pakistan using Banking Sector listed in Karachi Stock Exchange as a case study including MCB, UBL, NBP, ABL, BOP, BAFL, Bank-Al-Habib, Bank AL-Faysal, Soneri Bank and Mezzan Bank....

This study analyzes and explores the Scope of Hedge Fund in Pakistan. Due to time constraint the research is limited to certain core point. Main focus is to find out the reason why Hedge fund is not started in Pakistan till yet, what are the major problems hedge fund has to encounter. What style...