This study researches a rapidly growing area of interest in the financial services industry, that is,operational hsk management, with special focus on the mitigation phase. Operational risk management has accelerated in importance in the financial services over the last two deca…
This empirical study employs a different methodology to examine the change in wealth associated with mergers and acquisitions (M&As) for US firms. Specifically, we employ the standard CAPM, the Fama-French three-factor model and the Carhart four-factor models within the OLS and …
A firm's level of debt versus its level of equity has important implications for its value as well as its cost of capital. However, there are opposing views among many researchers and corporate finance experts pertaining to a firm's optimal capital structure. Banks are responsib…
Primary agriculture and agribusiness are considered vital to the economies of Sub Saharan Africa (SSA) countries. However, contribution of Africa's agricultural exports to world trade is less than 15% which is limited, given Africa's vast amount of arable land and resources. The…