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 ...... 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).... hiện toàn bộ
Muhammad Zubair Tauni, Zia-ur-Rehman Rao, Hong Fang, Minghao Gao
PurposeThe 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 beha...... hiện toàn bộ
In this article the writer looks at the framework of exchange control and explains those aspects concerned with the financing of direct investment abroad. The emphasis is on cash flow rather than long‐term profitability with the result that the investor has to be prepared in many instances to pay the penalty of the investment currency pool premium. Attention is directed to some blind alley...... hiện toàn bộ
Considers the implications of EMU and the introduction of the euro for European financial institutions and markets. Discusses the likely effects on interest rates, banks, stock/futures exchanges, asset allocation and the markets for bonds, equities and derivatives. Warns that financial markets and institutions must adjust to these changes in order to survive, but believes that European eco...... hiện toàn bộ
WalterDolde, CarmeloGiaccotto, Dev R.Mishra, ThomasO'Brien
PurposeThe purpose of this paper is to assess how much difference it makes for US firms to use the two‐factor ICAPM to estimate their cost of equity instead of a single‐factor CAPM.Design/methodology/approachFor a large sample of ...... hiện toàn bộ
Traces China’s foreign debt policy from 1978 to the present and compares its short and long term debt structure with Indonesia, Korea, Malaysia, the Phillippines and Thailand (i.e. five countries suffering from the Asian economic crisis). Points out that in the 1980s, when all six had high growth rates, China had a severe financial crisis while the others did not: a situation reversed in t...... hiện toàn bộ
PurposeIn the last two decades, a number of studies have examined the risk management practices within nonfinancial companies. For instance, some studies report on the use of derivatives by nonfinancial firms. Yet, another group of researchers has investigated the determinants of corporate hedging policies. These and other ...... hiện toàn bộ
PurposeThis study seeks to examine the effectiveness of controlling the currency risk for international diversified mixed‐asset portfolios via two different hedge instruments, currency forwards and currency options. So far, currency forward has been the most common hedge tool, which will be compared here with currency optio...... hiện toàn bộ