PurposeThe purpose of this study is to define FinTech, differentiating it from
financial technology and use the definition to develop an industry
framework.Design/methodology/approachUsing the existing literature on FinTech
and incorporating these contributions into a traditional financial structure,
characteristics are outlined and placed into a framework that describes the
FinTech industry.Findi... hiện toàn bộ
PurposeThe paper aims to investigate the monthly and trading month effects in
the stock market returns of the ASE using daily data before and after the crisis
of 1999‐2001. In addition, the study seeks to consider data from both periods of
the ASE, before and after the upgrade of the market (May
2001).Design/methodology/approachThis paper examines the calendar effects in the
Greek stock market ret... hiện toàn bộ
Muhammad Zubair Tauni, Zia-ur-Rehman Rao, Hong Fang, Minghao Gao
Purpose The purpose of this paper is to investigate the impact of the key
sources of information, namely, financial advice, word-of-mouth communication
and specialized press, on trading behavior of Chinese stock investors. The study
also analyzed if the association between the key sources of information and
trading behavior is influenced by investor personality.
Design/methodology/approach The aut... hiện toàn bộ
Outlines previous research on measuring the performance of investment funds,
suggesting that data envelopment analysis (DEA) techniques can overcome some of
the problems of the capital asset pricing model and give pointers for
improvement. Uses DEA to assess the relative performance of 257 Australian
mutual funds 1995‐1999 and logistic regression to investigate the
characteristics which affect it.... hiện toàn bộ
PurposeThe aim of this paper is to examine empirically the managerial earnings
management practices of financially distressed firms, and to consider whether
these practices changed during the recent global financial crisis. Although
corporate distress has been a topic of research interest for many years,
earnings manipulation by distressed firms has received relatively little
attention.Design/meth... hiện toàn bộ
This study examines the sensitivity of sales, profit margins and input costs to
exchange rate movements for non‐financial, UK firms. The sample is a
representative cross‐section of larger, publicly‐listed firms and is not limited
to those directly involved in international trade. Surveyed firms provided data
on both the direct and indirect components of economic exposure. As with other
studies, we... hiện toàn bộ
The primary purpose of this article is to look at the manner in which the tax
management aspects of a company's performance are presented in the financial
statements.
PurposeIn contrast to common literature that suggests that trade credit is an
extremely expensive source of financing with annual interest rates exceeding 40
percent, this paper seeks to argue that the average interest rate of trade
credit does not exceed the cost of alternative funds, thereby explaining why
trade credit constitutes a substantial part of the optimal financing mix of
large, liquid,... hiện toàn bộ