Developed Markets

Drawing on the World Economic Forum’s goals of inclusive growth, we analyze whether globalization imbues confidence to engage in entrepreneurship in countries at different stages of economic development. We focus on the association between …

Utilizing a difference-in-difference regression model, we conduct cross-sectional and time-series analysis to explore effect of short sales on the weekend effect in the Chinese stock market, which uses a T + 1 trading mechanism. Our empirical …

E-business benefit both large and small businesses. However, the aggregate cost of successful online trading, including initial and recurring costs, continues to pose a great challenge to micro-enterprises. For these willing businesses, the result …

This study examines the effect of the presence of foreign experts on a company’s board on the important characteristic of high-quality financial reporting: timeliness. We focus on experts with foreign experience (EFEs) who are board members, in …

The Singapore economy is characterised by a strong interventionist government and planning. It showed ‘plan and market’ in a creative partnership in which government control, export-oriented manufacturing, government direction of the labor market …

This chapter applies the framework of institutional change from Chapter 5 to the change in labor institutions in China. It offers an interpretation of the Chinese growth model as one currently changing from an extensive to an intensive …

The main purpose of this chapter is to investigate the causality-in-variance (risk spillovers) between oil prices and BIST (Borsa Istanbul) dividend indexes returns. To this end, Brent crude oil futures prices, BIST Dividend, and BIST Dividend 25 …

This chapter attempts to quantify the effect of exchange rate on the value of nonfinancial firms listed on Borsa Istanbul. In the first part of the analysis, the regression results using firm-level data show that currency fluctuations tend to …