Comparative Analysis of Trade and Finance in Emerging Economies / edited by William A. Barnett and Bruno S. Sergi.

Format:

Book

Contributor:

Barnett, William A., editor.

Sergi, Bruno S., editor.

Series:

International symposia in economic theory and econometrics ; Volume 31.

International Symposia in Economic Theory and Econometrics Series ; Volume 31

Language:

English

Subjects (All):

Economic development.

Finance--Africa.

Finance.

Finance--Asia.

Africa--Commerce.

Africa.

Asia--Commerce.

Asia.

Physical Description:

1 online resource (265 pages)

Edition:

First edition.

Place of Publication:

Bingley, England : Emerald Publishing Limited, [2023]

Summary:

This volume of theInternational Symposia in Economic Theory and Econometricsexplores the latest economic and financial developments in Africa and Asia.

Contents:

Intro

Half Title Page

Series page

Title page

Copyright Page

Contents

List of Figures and Tables

About the Editors

About the Contributors

Preface

Chapter 1-The Relationship Between Good Stewardship, Agency Costs, and Performance of South African Firms

1. Introduction

2. Review of Theoretical Framework

2.1. Agency Theory

2.2. Stewardship Theory

2.3. Stakeholder Theory

3. Review of Empirical Studies

3.1. The Effect of Good Stewardship on Agency Costs

3.2. The Effect of Good Stewardship on Firm Performance

4. Research Methodology

4.2. Empirical Model

Model 1: The Effect of Good Stewardship on Agency Costs

Model 2: The Effect of Good Stewardship on Firm Performance

4.3. Diagnostic Tests

5. Results

5.2. Correlation Analysis

5.3. Preliminary Tests

5.4. Panel Regression Results

6. Conclusion

References

Chapter 2-Can West African Monetary Zone Form a Currency Union?

2. Literature Review

3. Methodology

3.2. Estimation Techniques

3.3. Model Estimation: MSM

4. Results and Interpretation

4.2. Markov Switching Model (MsM) Results

4.3. Notes on Convergence and Divergence

4.4. Concluding Remarks

Chapter 3-Risk and Mutual Fund Clustering in an Emerging Market: Evidence for Thailand

3. Thai Mutual Fund Industry

4. Data and Methodology

5. Empirical Results

6. Conclusions

Chapter 4-Zero-investment Portfolio Strategy and Excess Returns in ESG100 Stocks

3. Hypotheses Development

4. Methodology and Sample Description

4.2. Excess Returns and Risk

4.3. Sample Description

5.1.2. ESG100 Companies in the SET

5.2. Excess Returns and Risk.

5.2.2. All Listed Companies in the SET with a 9-Month Holding Period

5.2.3. All Listed Companies in the SET with a 12-Month Holding Period

5.2.4. ESG100 Companies in SET with a 12-Month Holding Period

6. Conclusions and Discussion

Chapter 5-Personality Traits as Determinants of Facebook Behavior: Study of Indian Gen-Z

2.2. Personality and Facebook Behavior

3. Research Methods

3.2. Factor Analysis to Define Facebook Behavior Among University Students

3.3. Factor Analysis of BFPTs

3.4. Proposed Model

4. Data Analysis and Interpretation

4.1. Confirmatory Factor Analysis

4.2. Structural Equation Modeling

5. Conclusion

6. Implications

Chapter 6-The Dynamic Relationship Between the Services Trade Sector and Economic Growth in the Lao People's Democratic Republic

Introduction

Theoretical and Empirical Literature

The Services Trade Sector and Economic Growth in the Lao PDR

Trade in Services in the Lao PDR

Data Sources and Methodology

ARDL Model

Empirical Results and Discussion

Cointegration Results

Conclusion and Recommendations

Chapter 7-Predictive Blend: Fundamental Indexing with Markowitz Mean Variance Portfolio in Indonesia Stock Exchange

2.2. Markowitz Portfolio Theory

2.3. Fundamental Indexing

2.4. Book Value

2.5. Buffet Indicator

2.6. Market-Capitalization-Weighted Index

2.7. Predictive Blend: Markowitz Meets Fundamental Indexing

3. Data and Research Methodology

4. Results

4.2. Global Minimum Variance Portfolio Return

4.3. Fundamental Indexing

4.4. Predictive Blend Portfolio

5. Conclusion and Recommendation

References.

Chapter 8-Financial Literacy of Micro, Small, and Medium Enterprises: Empirical Study During the Pandemic Period

2. Literature Review and Hypotheses

3. Method

Chapter 9-Personnel Management in the Context of New Forms of Diffusion of Innovations

Methodology

Findings

Conclusions

Chapter 10-Impact of Non-tariff Measures of the People's Republic of China on the Export of Agricultural Products of Lao People's Democratic Republic

1.2. Objectives of the Study

1.3. Scope and General Method of the Study

2. NTM Definition and Classification

2.2. NTM Classification

3. Literature Review

4. Methodology

4.2. Data Sources

4.3. Information Analysis Methodology

4.3.1. Steps of Information Collection

4.3.2. Construction of Simulation Model

5. Estimation Results

6. Result Analysis and Discussion

7. Conclusion and Recommendations

7.2. Recommendations

Chapter 11-Financial Distress and Financial Performance Analysis of Highway Companies Before and During the COVID-19 Pandemic: Evidence from Indonesia Stock Exchange

3. Research Methodology

3.2. Data

3.3. Data Analysis

4.2. Financial Distress During the COVID-19 Pandemic by Zmijewski Model

4.3. Financial Performance Before the COVID-19 Pandemic by SOE Rating

4.4. Financial Performance During the COVID-19 Pandemic by SOE Rating

5. Discussion

Chapter 12-Credit Risk Scoring Model for Consumer Financing: Logistic Regression Method

1.2. Objective

2.2. Credit Risk Scoring

2.3. Multicollinearity Test

2.4. Weight of Evidence (WOE)

2.5. Information Value (IV).

2.6. Logistic Regression

2.7. Scoring Calculation

3.2. Data Collection

3.3. Data Classification

3.4. Model Development

3.5. Data Processing

4. Result and Analysis

4.2. Weight of Evidence (WOE)

4.3. Information Value

4.4. Logistic Regression

4.5. The Goodness of Fit

4.6. Final Logistic Regression Model

4.7. Scoring Calculation

Chapter 13-The Effects of Investment Amount in Investment Activity Report (Laporan Kegiatan Penanaman Modal/LKPM) on Employment in West Java Province

3. Research Issue and Methodology

3.2. Methodology

4. Findings and Discussion

4.1.2. Research Result

4.1.3. Hypothesis Testing

4.2. Discussion

Chapter 14-Influence of Bank Loans on Listed Company Performance: Evidence from China

2. Literature Review and Hypotheses Development

2.1. Negative Effects of Bank Loans on Company Performance

2.2. Positive Effects of Bank Loans on Company Performance

3. Data and Methodology

4. Results and Discussions

4.2. Additional Results

4.3. Robustness Checks

5. Conclusions

Chapter 15-The Relationship Between Capital Structure and Performance of Real Estate Companies in China

2.1. Positive Effects of Corporate Debt Ratio on Performance

2.2. Negative Effects of Corporate Debt Ratio on Performance

2.3. Neutral Effects of Ownership on Performance

2.4. Nonlinear Relationship

4.2. ROE as a Dependent Variable

4.3. Tobin's Q as a Dependent Variable

4.4. Non-state-owned Companies

4.5. State-owned Companies

4.6. Regression with Lag.

5. Conclusions

Index.

Notes:

Includes bibliographical references and index.

Description based on print version record.

Other Format:

Print version: Barnett, William A. Comparative Analysis of Trade and Finance in Emerging Economies

ISBN:

9781804557600

OCLC:

1375292770