Economics, Management and Financial Markets

Articles from Vol. 8, No. 2, June

A Typology of Entrepreneurial Opportunity
ABSTRACT.This article explores the phenomenon of entrepreneurial opportunity. Entrepreneurial opportunity is depicted as a nexus between the ebb and flow of the environment and our personal, family and business disposition, reflected in our personal...
Conceptualizing Transnational Organized Crime
ABSTRACT.The material gathered in this study provides a rich and diverse context for understanding the coordination and prosecution of transnational organized crime, the international community's focus on national legislation and cross-border information...
Developments in Corporate Governance and Regulatory Interest in Protecting Audit Quality
ABSTRACT.The aim of the present study is to examine and evaluate the relation between audit committee quality and internal control weaknesses, the importance of auditor specialization in both providing quality audits and maintaining client satisfaction,...
Diversity Issues in Local Development in Papua
ABSTRACT.Many countries have implemented decentralization. However, in the case of Indonesia it has also been accompanied by a controversial phenomenon: the local government proliferation or "blossoming". As result of the proliferation wave, the number...
Economists and the Powerful: Convenient Theories, Distorted Facts, Ample Rewards
Häring, Norbert, and Niall Douglas, Economists and the Powerful: Convenient Theories, Distorted Facts, Ample Rewards (London: Anthem Press, 2012).The ongoing global economic crisis kick-started by Lehman Brothers' collapse in 2008 has led to a modicum...
Impact of Business Cycle on Bank Capital Buffers: Evidence from India
ABSTRACT.This paper investigates the impact of the business cycle, adjustment costs and other bank specific variables on bank capital buffer in the three types of Indian commercial banks. This study specifies a partial adjustment model and uses the dynamic...
Macroeconomic Policies in the Eurozone
ABSTRACT.Considerable research attention has focused on the major design failures of the Eurozone, the interdependencies between bank and sovereign risk, and nominal divergences between the core and peripheral economies of the Eurozone. The theory that...
Organizational Culture in the Public Sector
ABSTRACT.The mainstay of the paper is formed by an analysis of the need for leadership continuity and stability, organizational change in the public sector, and the role of HR professionals in local government units. Thus, my aim in this paper is to...
Reply to Van Dun on Probability and the Synthetic a Priori
ABSTRACT.Van Dun (2003) was a critical response to Block (2003). The present paper is a rejoinder to Van Dun (2003). The issues under contention between the two authors include the status of praxeology, empirical evidence, probability and the synthetic...
The Emergence of International Criminal Law as an Aspect of Global Governance: The Case of China
ABSTRACT.Scholarship about China as a developed exponent of restorative justice through mediation, the development of the legal profession in China, the opportunities available to China in regional and international governance, and China's traditional...
The Financial Crisis of 2007/8: Misaligned Incentives, Bank Mismanagement, and Troubling Policy Implications
ABSTRACT.After briefly reviewing the major changes in the financial structure as well as the focal events that characterized the 2007-2008 global financial crisis, this article considers the evidence for the crucial role played by misaligned incentives....
The Impact of the Economic Crisis in the Eurozone
ABSTRACT.This paper discusses the major trends in scholarship about the ongoing sovereign debt problems of the Eurozone, the inability of national governments to resolve the global economic problems, the international links among trade, capital flows,...
The Impact That E-Government Can Have on Reducing Corruption and Enhancing Transparency
ABSTRACT.The mainstay of the paper is formed by an analysis of the impact of ICT governed programs and initiatives to curb corruption, the control of corruption through e-governance, the potential of e-governance to cut corruption and improve governance,...
The Positive Effect of Ict Infrastructure in Reducing Corruption and Increasing Transparency
ABSTRACT.This paper discusses the major trends in scholarship about the relationship among ICTs and macroeconomic variables, in providing greater government transparency and reducing corruption, the effect of corruption on human development, the role...
The Relationship between Bank Orientation and Shubuhat: A Study on Islamic Banks in Malaysia
ABSTRACT.Malaysia has a number of full-fledged Islamic banks including several foreign owned entities of conventional institutions who have established Islamic subsidiaries and also entities who are conducting foreign currency business (Central Bank...
Volatility Modeling of Real GDP Growth Rates in South Africa
ABSTRACT.An analysis of quarterly real gross domestic product (GDP) growth rates in South Africa for the period 1960 to 2011 is done using an autoregressive moving average-exponential generalized autoregressive conditional heteroskedasticity (ARMA-EGARCH)...
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