In this paper, we investigate the home country bias and liability of foreignness regarding financial services products to address the question: “What factors would induce a Hindu or Christian utilize newly introduced Islamic Banking products when conventional banking products are already...

We explore the effect of economic policy uncertainty (EPU) on managerial risk-taking incentives. Our analysis shows that EPU leads to more powerful risk-taking incentives. A rise in EPU by one standard deviation raises vega by 18.88%. Economic uncertainty, coupled with their own inherent risk...

American HRM has shareholder perspective, and European HRM has stakeholder perspective. This creates divergence between HRM of both markets. This divergence makes social context important in European HRM. European HRM aims to protect interests of society; therefore, there is involvement of...

The aim of this study is to analyze the impact of exporting on labor demand in Turkish manufacturing industry. By using Generalized Methods of Moments (GMM) with the firm-level production and trade data of Turkish manufacturing industry, this paper is exploring the employment impact of...

Business organisations face ethical questions everyday concerning all aspects of the business. Today the management of ethics has become a very important aspect in the general management of business in order to maintain harmony within the organization and to ensure harmonious existence in the...

One characteristic of poorly developed capital markets is the disproportionate weight that the availability of hard assets has in the allocation of financial funds. Where financial contractibility is poor, external finance requires higher proportions of assets that more easily remain with...

The rapid changes in the market environment as well as technological innovations drive firms to devise differentiated products or services that functionally overlap with other products or services. Such overlapping in markets with converged products or services eventually drives industries to...

The aim of this study is to analyze the impact of exporting on labor demand in Turkish manufacturing industry. By using Generalized Methods of Moments (GMM) with the firm-level production and trade data of Turkish manufacturing industry, this paper is exploring the employment impact of...

We discuss the combined effects of tax convexity, limited liability and leverage on risk-taking. First, we focus on a risk-averse investor who is indifferent to equity-finance a risky asset in a pre-tax setting. We derive the after-tax marginal prices for risk-averse investors. Symmetric...

Bulgarian Abstract: Широкото навлизане на информационни и комуникационни технологии в ежедневните дейности на хората, икономическите субекти и обществото като цяло,...