Measuring the efficiency of the banking industry has been a significant challenge, especially in the developing countries. This research aims at measuring the efficiency of the Egyptian banks through the period of 2010-2013, in which the 25th of January revolution took place. The research...

This study examines the impact of the Basel III regulatory framework on the efficiency of Islamic and conventional banks using conditional quantile regressions. We find that Islamic banks are significantly more efficient than conventional banks. We also find that, relative to conventional banks,...

The paper examines the issues of state and development of the informal venture capital (IVC) of Latvia. The results of a questionnaire survey of managers of business angels networks (BAN) are presented in the paper. The research analyses both quantitative and qualitative indicators of the IVC....

The mobile and wireless market has been one of the fastest growing markets in the world and it is still growing at a rapid pace. Mobile devices are the most promising way to reach the masses and to create stickiness among current customers, due to their ability to provide services anytime,...

In October 2014, Walmart announced that it was teaming with GoBank to provide banking services to its customers. This follows earlier attempts by Walmart to enter banking more directly through a wholly-owned subsidiary. Many banks opposed Walmart's entry into the banking market, fearing that the...

This study investigates how the additional capital and liquidity requirements of Basel III would increase the resilience of banks. In particular, using panel data from 2007 to 2014, we examine the resilience of banks in the BRICS economies. Our results suggest that a 10% increase in capital...

Using a sample of 1,992 banks from 39 OECD countries during the 1999–2013 period, we examine whether the imposition of higher capital ratios is effective in reducing risk and improving the efficiency and profitability of banking institutions. We demonstrate that while risk- and non-risk based...

Although economic research is near unanimous finding that college is a good investment, there is growing concern about the impact that student debt and defaults have on student borrowers. Using the Department of Education's College Scorecard, I document a new stylized fact about cross-sectional...

Motivated by extant finance theory predicting that insider trading crowds out private information acquisition by outside investors, we use analyst following data for 100 countries for the years 1987-1998, to study whether analyst following increases following adoption of or the initial...

Regulators' interest in analyst reports stems from the belief that small investors are unaware of the conflicts sell-side analysts face and may, as a consequence, be misled into making suboptimal investment decisions. We examine who trades on security analyst stock recommendations by extending...