This study examines the valuation of corporate diversification in three emerging countries: Thailand, Indonesia and the Philippines. Over the period of study (1992–2001 for Thailand and 1994–2001 for Indonesia and the Philippines), it is found that there is evidence of diversifi…
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Islamic law is an integrated part of the Muslim religion that encompasses every aspect of their way of life. In the world of finance, Islamic law provides financing regulations that restrict certain types of investments and forbid interest. This dissertation looked at the relati…
This dissertation constructs data on financial structure using flow of funds accounts and analyzes the effects of financial structure on investment for eight (mainly) emerging countries (South Africa, South Korea, India, China, Mexico, Chile, Venezuela, Tunisia). The focus is on…