Robert Novy-Marx The other side of value: the gross profitability premium J. Financ. Econ. (2013) Jennifer N. Carpenter et al. The real value of China’s stock market J. Financ. Econ. (2020) There are more refe
Mallick, S., Mohsin, M.: On the real effects of inflation in open economies: theory and empirics. Empir. Econ. 39 , 643–673 (2009)Mallick, S. K., and Mohsin, M. (2010), "On the Real Effects of Inflation in Open Economies: Theory and Empirics," Em...
We evaluate the performance changes of 634 state-owned enterprises (SOEs) listed on China's two exchanges upon share issuing privatisation (SIP) in the period 1994–1998. We find that SIP is effective in improving SOEs’ earnings ability, real sales, and workers’ productivity but is not succe...
However, industries such as health care and real estate are highly local in nature, as a result of either regulation or the need to have access to local expertise. Their headquarters are found in a large number of medium-sized cities spread across ...
Spanning the continents of Asia, South America, North America, and Eurasia, each country provides a unique vantage point for gaining insights into financial inclusion’s multifaceted dynamics. These countries are not just research subjects; they serve as living examples of the real-time importance ...
decreasing infant mortality rates by 0.00022%. An increase in real per capita gross domestic product corresponds with an improvement in life expectancy by 0.21 years and a decrease in infant mortality rates by 0.00065%. Similarly, an elevated school enrollment rate is associated with a rise in ...
This study links these practical gaps to real-world challenges by emphasizing how targeted financial policies can address sustainability issues. By promoting financial access for green entrepreneurship, policymakers can directly contribute to global sustainability goals and climate action efforts. This study ...
ETFs are available for trading on a real-time basis, whereas mutual fund units price is available only at the end of the day [31]. ETFs have favorable tax treatment in many countries, and they provide relatively superior returns as compared to active mutual fund schemes [122]. Some addition...
The White Paper on the Development of China's Digital Economy (2022) states that in 2021, the digitalization of China's industries will reach RMB 37.2 trillion, accounting for 32.5% of GDP. The integration of digital technology, the core driver of the digital economy, with the real economy ...
While this shift in perceptions may well reflect outcomes in the function of capital markets more than it does the actual quality of disclosures, it remains the case that such perceptions have real-world effects in the allocation of investors' money. That said, as the group of 'developed' ...