Eurasian Business Review

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Diversification and corporate social performance in manufacturing companies
Eurasian Business Review - Tập 7 Số 1 - Trang 121-139 - 2017
Patrisia, Dina, Dastgir, Shabbir
The effects of diversification on financial performance are well-established, less so the way in which diversification influences company behaviour towards stakeholder demand and social concern. This paper investigates the relationship between business diversification and corporate social performance (CSP) in an industrial setting, in Indonesia. CSP is measured with an index constructed from conte...... hiện toàn bộ
Do political connections affect the market reaction to firms’ inclusion in or exclusion from the Sharia index?
Eurasian Business Review - Tập 13 - Trang 835-854 - 2023
Budi Wahyono
Previous studies have clearly documented the shareholder advantages and disadvantages of political connections. However, evidence of the role of political connections in ethical investment is scarce. This study investigates the relationship between political connections and the reconstructions of the Sharia index in Indonesia. Using the event study methodology, I evaluate the abnormal returns surr...... hiện toàn bộ
Knowledge inheritance and performance of spinouts
Eurasian Business Review - Tập 13 - Trang 29-55 - 2023
Carla Costa, Rui Baptista
We investigate the impact of knowledge inheritance by vertical spinouts originating from user and supplier industries on performance. We test whether spinouts from a supplier or user industry perform better than focal industry spinouts and de novo entrants. Using longitudinal micro data for the Portuguese molds and plastics industries we find that vertical user and supplier spinouts perform better...... hiện toàn bộ
Institution as looting apparatus: impact of gender equality and institutions on female entrepreneurship
Eurasian Business Review - Tập 4 - Trang 207-225 - 2014
Farzana Chowdhury, David Bruce Audretsch
Do all institutions have similar impact on female entrepreneurs? While most papers consider female entrepreneurship to be influenced by a single factor, the novel approach of this paper is to suggest that interaction of national level institutions and attitude toward to female labor freedom influence female entrepreneurship. This paper examines the factors that influence different types of entrepr...... hiện toàn bộ
Institutions and gravity model: the role of political economy and corporate governance
Eurasian Business Review - Tập 7 - Trang 421-436 - 2016
Mehmet Huseyin Bilgin, Giray Gozgor, Chi Keung Marco Lau
Using panel data on 166 countries, this paper analyzes the effects of corporate governance, employment protection, investor protection, and political environments on the exporting performance. Our gravity model predicts that stronger democratic political institutions encourage exports. We also find that stronger rule-based corporate governance imposes positive impact on the export performance. We ...... hiện toàn bộ
Risk contagion of bank-firm loan network: evidence from China
Eurasian Business Review - Tập 13 - Trang 341-361 - 2023
Qingmin Hao, Jim Huangnan Shen, Chien-Chiang Lee
Starting from Chinese A-listed firms’ loan announcements, this research creatively constructs a dynamic, variant-linkage, and more comprehensive banking network in China during 2007 and 2016. Exploiting techniques from the literature on complex networks, we find that China’s banking network exhibits more clustering, more coherence, higher centrality, and even more heterogeneity. Empirical results ...... hiện toàn bộ
The association between competition power in markets and tax avoidance: evidence from Tehran stock exchange
Eurasian Business Review - Tập 8 - Trang 323-339 - 2017
Behnam Karamshahi, Zeinab Azami, Tabandeh Salehi
The current research aimed at studying the association between the power of competition in markets and tax avoidance in the companies complied with Tehran stock exchange. To evaluate competition power in the markets, 2 variables are used, namely, Herfindahl-Hirschman Index (HHI) and entrance obstacles. The dependent variables in this paper were effective tax rate (ETR) and adjusted non-taxable inc...... hiện toàn bộ
A learning-augmented approach to pricing risk in South Africa
Eurasian Business Review - Tập 6 - Trang 117-139 - 2016
Jacques Peeperkorn, Yudhvir Seetharam
Through application of state-space modelling, the asset pricing model is re-explored. The result is an asset pricing model which tracks the evolution of investor probability beliefs and learning through a Kalman filter. This behaviourally inspired model shows marked improvement over a traditional asset pricing model, with pricing errors being reduced by as much as 41 % over a 16 year period using...... hiện toàn bộ
The link between exchange rate volatility and capital structure under financial liberalization: evidence from the Turkish manufacturing sector
Eurasian Business Review - Tập 12 - Trang 583-615 - 2021
Ömer Tuğsal Doruk
The main purpose of this article is to examine the effect of exchange rate volatility on the corporate capital structure for firms in the Turkish manufacturing sector during the period of 1990–2017. This period is considered the post-financial liberalization period. This article uses a novel dynamic multiplier analysis which is based on the Panel Vector Autoregressive Model which takes into accoun...... hiện toàn bộ
Knowledge resources and the acquisition of spinouts
Eurasian Business Review - Tập 12 - Trang 277-313 - 2022
Pamela Adams, Roberto Fontana, Franco Malerba
In high-technology industries, employee spinouts have increasingly been identified as attractive targets for acquisitions. Yet employee spinouts may originate from different knowledge contexts. This study adopts a resource base perspective to examine the impact of both the knowledge heritage and the product strategy of spinouts originating from different contexts (i.e. from the same industry or fr...... hiện toàn bộ
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