This paper examines investors’ reference point and satisfaction. We demonstrate that investors’ reference point and satisfaction are heavily affected by stock and market returns. Using an experimental design, we analyze ...

Mutual credit systems (MCSs), a type of complementary currency, are thought to have a countercyclical function by providing additional credit in times of recession. Past research has also focused on trust and social values ...

This thesis discusses how and why accountability and ethics relate and how they influence behaviour in accountancy firms in the Netherlands. An interpretive field study is carried out in two separate but similar accountancy ...

In this thesis I follow up a recent mergers and acquisitions (M&A) study (Alexandridis et al., 2017) that documents findings which challenge mainstream M&A theory. The results of said study suggest that, in the last few ...

In this paper, I use the government ownership to build an adjusted factor model for stocks in China’s stock market. Two methods are used to build the government ownership factor. The empirical results show that the adjusted ...

The aim of this paper is to show the assumed positive relationships between agricultural innovation, average education years, democracy, and institutional quality in Sub-Saharan Africa (SSA). Agricultural innovation is ...

This study investigates whether the Kuznets curve relationship is supported by using another proxy of economic development as applied to developing countries. Using data from 17 countries with 154 subnational regions for ...

Theoretical work in the past decades has argued that the increasing concentration of ownership by institutional investors may lead to decreased competition between commonly owned companies, resulting in inefficient market ...

Are management practices culturally contingent? Management practices and culture differ significantly across countries. Building on contingency theory and the assumption that behaving in accordance with national culture ...

This study examines the value effect of mergers and acquisitions of BRICS acquirers in the European market in the period before and after the credit crisis. Therefore, extending current literature with the examination of ...