International Journal of Managerial Finance: Volume 13 Issue 5

Business cycle and investment flows of retail and institutional mutual funds

Galla Salganik-Shoshan

The purpose of this paper is to investigate the dynamics of mutual fund investment flows across the business cycle. To account for the differences in the flow patterns of funds…

The interrelationship between net interest margin and non-interest income: evidence from Vietnam

Tu DQ Le

The purpose of this paper is to investigate the interrelationship between non-interest income (NII) and net interest margin (NIM) in the Vietnamese banking system between 2006 and…

What drives credit risk of microfinance institutions? International evidence

Naima Lassoued

The purpose of this paper is to shed light on the factors that affect microfinance institutions’ (MFI) credit risk. These factors include MFIs’ characteristics and country-level…

Lead-lag relationship between futures and spot FX market in India

Varuna Kharbanda, Archana Singh

The purpose of this paper is to study the lead-lag relationship between the futures and spot foreign exchange (FX) market in India to understand the price discovery mechanism and…

Impact of oil volatility shocks on global emerging market stock returns

Probal Dutta, Md Hasib Noor, Anupam Dutta

The purpose of this paper is to investigate whether the crude oil volatility index (OVX) plays any key role in explaining the trend in emerging market stock returns from a global…

Corporate governance strength and stock market liquidity in Malaysia

Hamdan Amer Al-Jaifi, Ahmed Hussein Al-rassas, Adel Ali AL-Qadasi

The purpose of this paper is to examine the impact of corporate governance strength on stock market liquidity in an emerging country, namely, Malaysia, by constructing a corporate…