The study focuses on the association between audit committee quality characteristics and corporate governance quality, so as to improve the quality of corporate governance by understanding and managing the audit committee characteristics. It is found in the study that in most of the equity based listed companies at Bombay Stock Exchange (BSE) under study, have complied with the legal formalities like appointment of independent directors, number of meetings, size of the audit committee, legal qualifications...

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FDI has been one of the most preferred means of Internationalisation for firms in the developing economies. The significant emergence of MNEs from the developing economies has attracted academicians’ interest across the globe. Inward FDI signals country’s attractiveness to the foreign investors whereas outward FDI signals country’s competence to venture beyond domestic boundary. OFDI from India has increased sharply since the beginning of the 2000s. An attempt is made of identify country-specific...

This paper proposes a methodology for diagnosing and predicting housing bubbles before they burst. The proposal is implemented in two steps. In step 1 we apply three innovative stock-bubbles tests to Canada’s provincial housing markets. This allows us to classify provinces into three categories: those that have not experienced any; those that have experienced in the past; and those that are currently experiencing and may also have experienced in the past episodes of bubble-like explosive growth...

We study the factors driving the differences in profitability of large commercial banks in the United States and in EU and non-EU countries from 2004-2014. Most relevant bank-specific and macroeconomic variables are reviewed and selected from the literature. Pooled sample estimation and panel data tests are conducted associating these factors with Return on Equity. Our main findings are: macroeconomic factors have more impact on U. S. banks’ profitability, while size and GDP growth significantly...

This paper investigates the relationship between remittances and economic growth in Togo. Using time series data over a period of 42 years (1974-2015) for Togo, we apply Johansen cointegration test methods, followed by three-step vector equilibrium correction mechanism (VECM) for long-run causality and Wald test for short-run causality along with pairwise-Granger causality test. Our result confirms a long-run bi- directional Granger causality exists between remittances and economic growth in Togo....

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Across the globe academics and students are increasingly using social media and social connections for educational purposes. This article focuses on a comparison of particular countries regarding their use of social media in teaching by academics and whether they can utilize this platform for effective communication for engaging students in learning activities as well. The objective is to clarify the usage of social media tools by academics by comparing a multi developed country study (comprising...

This research compares human resource management (HRM) in the pharmaceutical and electrical industries in Japan and finds differences between the two industries. In the pharmaceutical industry, both Japanese-owned and foreign-owned firms are moving toward a western type of HRM. In the electrical industry, foreign-owned firms apply a western type of HRM, but Japanese-owned firms continue to use a Japanese type of HRM. The research then analyzed these differences based on institutional entrepreneurship....

Review of scholarly articles showed a gap in knowledge between strategic marketing practice and performance of small and medium enterprises in Nigeria. The paper focuses on testing the relationship between strategic marketing practice and MSMEs performance in Ogun state, Nigeria. The evidence collected from 234 samples of MSMEs operators and owners showed a strong relationship between strategic marketing and competitive performance of MSMEs, measurable in terms of sales, market share, profit and...