International Journal of Emerging Markets: Volume 14 Issue 5

The logics of political business in state-owned enterprises: the case of Indonesia

Indri Dwi Apriliyanti, Stein Oluf Kristiansen

The purpose of this paper is to illuminate the hidden process of collusion among power holders in state-owned enterprises (SOEs) in an emerging economy, which endures despite…

Understanding technology diffusion in emerging markets: The case of Chinese mobile devices in Nigeria

Sunday Adewale Olaleye, Dandison Ukpabi, Heikki Karjaluoto, Ioannis Rizomyliotis

The purpose of this paper is to use the consumer-based discrepancy theory to examine consumers’ behavioral motivations for using mobile devices and the factors that influence the…

Perception of ESG criteria by mainstream investors: evidence from Tunisia

Souhir Khemir

The purpose of this paper is to explore the perception of environmental, social and governance (ESG) criteria by mainstream investors in an emerging financial market, that of…

Public debt, foreign direct investment and economic growth dynamics: Empirical evidence from the Caribbean

Olugbenga Onafowora, Oluwole Owoye

The purpose of this paper is to examine the dynamic and long-run relationships among public debt, FDI and output growth in five individual Caribbean countries over the period…

Economic growth in European Union: does IFRS mandatory adoption matter?

Clement Oppong, Mehmet Aga

The purpose of this paper is to examine the impact of International Financial Reporting Standards (IFRS) adoption on economic growth.

Central bank independence, elections and fiscal policy in Africa: Examining the moderating role of political institutions

Abel Mawuko Agoba, Joshua Yindenaba Abor, Kofi Osei, Jarjisu Sa-Aadu, Benjamin Amoah, Gloria Clarissa Odortor Dzeha

The purpose of this paper is to primarily investigate the ability of independent central banks (central bank independence (CBI)) to improve fiscal performances in Africa…

Determinants of profitability of life and non-life insurance companies: evidence from Ecuador

Segundo Camino-Mogro, Natalia Bermúdez-Barrezueta

The purpose of this paper is is to identify the main determinants of insurance profitability on life and non-life segments to obtain which variables affect in each market of the…

M&As in Africa – effects of law and governance

Alex Lundqvist, Eva Liljeblom, Anders Löflund, Benjamin Maury

The cultural and legal differences between foreign acquirers and African target firms can be substantial. There is also a large variation in cultures and legal systems within…

Policy coordination in fiscal federalism: drawing lessons from the Dubai debt crisis

Serhan Cevik

With the global financial crisis, the United Arab Emirates (UAE) experienced its own unraveling of macro-financial imbalances and thus presents an interesting case to analyze the…

Doing favors in the Arab world

Ron Berger, Ram Herstein, Daniel McCarthy, Sheila Puffer

The purpose of this paper is to analyze the role of Wasta, a culturally based system of social networks of exchange among in-group members in the Arab world, as exemplified by…

Investor behavior in ETF markets: a comparative study between the US and emerging markets

Augusto Ferreira da Costa Neto, Marcelo Cabus Klotzle, Antonio Carlos Figueiredo Pinto

The purpose of this paper is to present the results of a study on investor behavior in exchange-traded fund (ETF) markets. The standard feedback trading model of Sentana and…

Islamic mortgages: principles and practice

Muhammad Hanif

The purpose of this paper is to present an analysis of current practices of Islamic mortgages in the light of the principles of Islamic financial system, to document divergences  

The intention to use Islamic banking: an exploratory study to measure Islamic financial literacy

Mohamed Albaity, Mahfuzur Rahman

Several research models have been proposed in the existing literature to understand the intention to use Islamic banking where conventional bank customers are not primarily…

Interdependence and contagion in the period of crisis

Carolina Macagnani dos Santos, Luiz Eduardo Gaio, Tabajara Pimenta Junior, Eduardo Garbes Cicconi

The purpose of this paper is to investigate whether the relationship of interdependence and contagion between BRICS countries and emerging non-BRICS countries is similar to that…

Establishing finance-growth linkage for India: a financial conditions index (FCI) approach

A.K. Giri, Deven Bansod

The global financial crisis of 2008 emphasized the need for monetary policy authorities to have a more comprehensive view of the conditions prevailing in the economy before…

Financial consumer protection and economic growth

Maryam Kriese, Joshua Yindenaba Abor, Elipklimi Agbloyor

The purpose of this paper is to examine the link between financial consumer protection (FCP) and economic growth.

International reserves and domestic money market disequilibrium: Empirics for India and China

Shibananda Nayak, Mirza Allim Baig

The purpose of this paper is to examine the likely determinants of the demand for official international reserves (hereafter reserves) for India and China in the long run in a…

New institutional economics: contributions to international business studies

Bernardo Frossard Silva-Rêgo, Ariane Roder Figueira

The purpose of this paper is to analyze the main contributions of the new institutional economics to the international business (IB) arena. It also intends to show how the NIE is…