Asian Journal of Economics and Banking: Volume 5 Issue 3 , Open Access

So how to make group decisions? Arrow's impossibility theorem 70 years after

Hung T. Nguyen, Olga Kosheleva, Vladik Kreinovich

In 1951, Kenneth Arrow proved that it is not possible to have a group decision-making procedure that satisfies reasonable requirements like fairness. From the theoretical…

Disclosure, Shariah governance and financial performance in Islamic banks

Mariem Ben Abdallah, Slah Bahloul

This study aims at investigating the impact of the disclosure and the Shariah governance on the financial performance in MENASA (Middle East, North Africa and Southeast Asia…

Social choice using moral metrics

Kenneth Halpern

This paper aims to develop a geometry of moral systems. Existing social choice mechanisms predominantly employ simple structures, such as rankings. A mathematical metric among…

Social capital and the shadow economy: a Bayesian analysis of the BRICS

Tien Ha My Duong, Thi Anh Nhu Nguyen, Van Diep Nguyen

The paper aims to examine the impact of social capital on the size of the shadow economy in the BIRCS countries over the period 1995–2014.

What is wrong with micromanagement: economic view

Sean R. Aguilar, Olga Kosheleva

It is well known that micromanagement — excessive control of employees — is detrimental to the employees' morale and thus, decreases their productivity. But what if the managers…

The APP procedure for estimating the Cohen's effect size

Xiangfei Chen, David Trafimow, Tonghui Wang, Tingting Tong, Cong Wang

The authors derive the necessary mathematics, provide computer simulations, provide links to free and user-friendly computer programs, and analyze real data sets.

COVID-19, liquidity and financial health: empirical evidence from South Asian economy

Md. Rezaul Karim, Samia Afrin Shetu, Sultana Razia

The pandemic COVID-19 has affected every sector of an economy in every possible way. Banking sector of Bangladesh has been affected by it badly. The purpose of this paper is to…

Stock market returns and liquidity during the COVID-19 outbreak: evidence from the financial services sector in Vietnam

Cuong Thanh Nguyen, Phan Thanh Hai, Huyen Khanh Nguyen

This paper aims to explore the influence of the COVID-19 outbreak and the Government's disease control measures on the stock returns and liquidity of Vietnam-listed companies in…