This study aims to examine the effect of family control on the corporate financing decision of firms in Pakistan. This study uses the annual data of 100 non-financial firms listed at PSX for the period 2005-2012. To estimate the impact of family control on the corporate financing decision, we...

This study examines the time-frequency causal link between economic policy uncertainty and inflation in Japan while answering the following questions: (i) is there any causal link between economic policy uncertainty and inflation in Japan? (ii) if yes, in which direction(s)? To the best of our...

This paper scrutinises systemic (tail) risk using a novel method and extensive global dataset. We avail long time-series data from 65 international markets to analyse the connectedness as well as determinants of expected shortfall (up to the 5th percentile). Trans-national tail risk network is...

In this study, we analyze the stock market reaction to 35 events associated with 32 publicly traded companies from six countries that have announced cryptocurrency acquisitions, selling, or acceptance as a means of payment. Our analysis focuses on tra‑ ditional frms whose core business is...