Uncertainty and challenges in contemporary economic behaviour / edited by Ercan Ozen, Simon Grima.

Format:

Book

Author/Creator:

Grima, Simon, Editor.

Contributor:

Ozen, Ercan, editor.

Grima, Simon, editor.

Series:

Emerald Studies in Finance, Insurance, and Risk Management Series.

Emerald Studies in Finance, Insurance, and Risk Management

Language:

English

Subjects (All):

Economic history--21st century.

Economic history.

Physical Description:

1 online resource

Edition:

1st ed.

Place of Publication:

Emerald Group Publishing Limited 2020

Summary:

Every day presents new challenges as the face of global economics changes. In this first book in the Emerald Studies in Finance, Insurance, and Risk Management, expert editors and contributors come together to discuss global response to new uncertainty and challenges.

Contents:

Intro

Half Title Page

Title Page

Copyright Page

Contents

List of Contributors

About the Contributors

ESFIRM Editorial Board

Series Editors' Introduction

Chapter 1-Challenges and Perspectives of International Migration in Europe

1. Introduction

2. Theoretical Framework and Brief Literature Review

2.2. Theoretical Approaches of International Migration

3. Data Analysis and Research Methodology

3.2. Research Methods

4. Results and Discussion

4.2. SEM Models and Results

5. Concluding Remarks

References

Chapter 2-The Impact of US Economic Policy Uncertainty on Developing Countries Under Different Economic Cycles: A Nonlinear Approach

2. Literature

3. Data and Methodology

4. Empirical Results

5. Conclusion

Chapter 3-The Investigation of Zombie Firms' Existence in Borsa İstanbul Manufacturing Industry

2. Literature Review for Zombie Firms

3. Scope

4. Methodology

5. Results

6. Conclusion

Chapter 4-Forensic Accounting Theory

2. Literature Review

3. Forensic Accounting Theory

4. Accounting Decisions

4.1.1. Hypothesis. The materiality hypothesis of forensic accounting theory states that forensic investigators will use forensic detection methods that help to determine whether the unresolved case is material or immaterial under legal and regulatory rule

4.2. Ability-Signaling Hypothesis

4.2.1. Hypothesis. The ability-signaling hypothesis states that forensic investigators will use sophisticated forensic detection methods that signal their superior forensic accounting ability and their ability to uncover unresolved issues. In environments

5. Non-Accounting Decisions.

5.1.1. Hypothesis. The bonus contract hypothesis states that, if the compensation or bonus to the forensic investigator is attached to how thorough and successfully forensic investigators are in uncovering unresolved issues when investigating suspected fi

5.1.2. Some Reflection Involving Two Scenarios. The relationship between the bonus contract to a forensic investigator and the likelihood of uncovering unresolved cases is not necessarily linear, always! Let's use two scenarios to illustrate this. In the

5.1.3. Empirical Testing of the Bonus Contract Hypothesis. The bonus contract hypothesis may be difficult to test due to lack of information about the bonus contract or bonus payments made to forensic investigators who were successful in the cases they ha

5.2. Anonymity Hypothesis

5.2.1. Hypothesis. The anonymity hypothesis states that, if the outcome of a forensic investigation may threaten the personal security of forensic investigators, it is in the best interest of forensic investigators to use specific forensic detection metho

5.2.2. Empirical Test of the Anonymity Hypothesis. The anonymity hypothesis is easy to test empirically. Assuming the researcher is interested in interviewing forensic investigators that have previously handled one or more cases involving fraud committed

5.3. Collapse Avoidance Hypothesis

5.3.1. Hypothesis. In the past, many firms witnessed corporate scandals and made some risky business decisions that led to their collapse, forcing the firms to wind up. Examples of such firms are Enron, WorldCom, Lehman brothers, etc. In forensic practice

5.3.2. Empirical Test of the Collapse Avoidance Hypothesis. The collapse avoidance hypothesis is easy to test empirically using public information about companies that were indicted for financial crime or financial fraud. The empirical researcher can dete.

6. Conclusion

Chapter 5-Econometric Analysis for the Period Between 2003 and 2018 as Regards the Functioning of Interest Channel of Monetary Transmission Mechanism in Turkey

3. Data Series

4.2. ADF Unit Root Test

4.3. Zivot and Andrews Unit Root Test

4.4. Toda-Yamamoto Causality Test

5. Findings and Discussion

5.1. Findings of ADF Unit Root Test

5.2. Findings of Unit Root Test with Zivot-Andrews Structural Breakup

5.3 Result of Toda-Yamamoto Causality Test

Chapter 6-A Conceptual Framework for Behavioral Accounting

2. Development of Behavioral Accounting

3. The Factors Influencing the Behavioral Dimension of Accounting

4. The Theories Used in Behavioral Accounting

4.1. Expectation Theory

4.2. Equality Theory

4.3. Goal Setting Theory

4.4. Contingency Approach

4.5. Agency Theory

5. Behavioral Accounting Research in the World and Turkey

6. Neuroaccounting: A Research Field in the Way of Behavioral Accounting

7. Conclusion

Chapter 7-Theories of Financial Inclusion

2. Some Foundations

3. Theories of Financial Inclusion Beneficiary

3.1. Public Good Theory of Financial Inclusion

3.2. Dissatisfaction Theory of Financial Inclusion

3.3. Vulnerable Group Theory of Financial Inclusion

3.4. Systems Theory of Financial Inclusion

4. Theories of Financial Inclusion Delivery

4.1. Community Echelon Theory of Financial Inclusion

4.2. Public Service Theory of Financial Inclusion

4.3. Special Agent Theory of Financial Inclusion

4.4. Collaborative Intervention Theory of Financial Inclusion

4.5. Financial Literacy Theory of Financial Inclusion

5. Theories of Financial Inclusion Funding.

5.1. Private Money Theory of Financial Inclusion

5.2. Public Money Theory of Financial Inclusion

5.3. Intervention Fund Theory of Financial Inclusion

6. Future Direction: Applying the Theories to Data

6.2. Case Studies

Chapter 8-Shareholder Activism: What Does It Refer to?

2. Theoretical Background

3. Types of Shareholder Activism

3.1. Hedge Fund Activism

3.2. Shareholder Proposals

3.3. "Just Vote No" Campaigns

3.4. Say-on-Pay

4. Corporate Governance Models and Shareholder Activism

Chapter 9-Relationship Between Interest Rates, Exchange Rate and Investor Sentiment in Turkey

3. The Aim of the Study

4. Hypotheses of the Study

5. Data Methodology and Findings

Chapter 10-Effect of Climate Change on Financial Institutions and the Financial System

2. Effect on the Financial Sector

2.2. Climate Change Can Disrupt the Operations of Financial Institutions

2.3. Climate Change Can Disrupt the Business of Bank's Customers

2.4. Severe Climate Change Will Lead to Increased Insurance Claims and Liabilities

2.5. Increased Insurance Premiums and Reduction in Coverage

2.6. Harsher Working Conditions

2.7. Loss of Office Branch Networks

2.8. Higher Disclosure Requirement and Costs

3. Effect on the Financial System

3.1. Damage to Payment System Infrastructure

3.2. Climate Change Can Lead to Capital Flight

3.3. Uncertainty that Destabilizes Financial Markets

3.4. Climate Change Can Confuse Regulators

4. Conclusion

Declaration of Interest

Chapter 11-Testing for Asymmetric Causality Between Developed and Emerging Markets

3. Methodology.

3.1. Cointegration Test

3.2. Asymmetric Causality Tests

4. Data, Analysis, and Findings

Chapter 12-An Assessment for Financial Performance of Banks Listed in Borsa Istanbul By Multiple Criteria Decision Making

3. Data Set and Methodology

3.1 Gray Relational Analysis

3.2 TOPSIS

4. Findings

Limitations of the Study

Further Studies

Chapter 13-100 Quotes from the Global Financial Crisis: Lessons for the Future

1. Long Before the Financial Crisis

2. Shortly Before - and During - the Global Financial Crisis

3. On the Cause of the Crisis

4. Reflections After the Financial Crisis

5. Rethinking the Economics of Financial Regulation

6. Questioning the Economics Profession

7. Why Liquidity is Important During Financial Crises

8. Preparing for the Next Global Financial Crisis

9. Sober Reflection

10. Conclusion

Quote Sources

Chapter 14-Labouring Behind Closed Doors: The Working and Living Conditions of Filipino Live-in Care Workers in Malta

2. Contextual Setting

3. International Literature

5. Choosing Malta

6. Working Conditions

7. Motivation and Relations with Employer

8. Social Integration

9. Life Beyond Work

Chapter 15-Too Small to Hedge? The Case for Derivatives Hedging for a Small Island State

2.2. Hypothesis Formulation for the Factors Affecting Maltese Entities' DHI Usage

2.3. Effective Reduction of the Entity's Corporate Tax Rate and Potential Costs of Financial Distress

2.4. Mitigating Inefficient Investment

2.5. Reduction in EV and CFV

2.6. The Mitigation of the Agency Problem and Critical Mass of Operations.

2.7. Reporting Volatility Reduction and the Adoption of a HA Regime.

Notes:

Description based on print version record.

ISBN:

1-80043-095-7