Download or read book Three Essays on Financial Inclusion and Entrepreneurship written by Jonathan Fu and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Financial Inclusion written by Almutasembilla Allam and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Financial Inclusion in Africa and the Middle East written by Abidin Ali Alhassan and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Entrepreneurial Finance written by Jialong Li and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation consists of three essays that explore different areas within the framework of entrepreneurial finance. In my first essay, I investigate the relation between corporate financial distress and earnings management in politically-affiliated private firms in China. I further examine the joint moderating effects of political affiliation and regional development on this relation. The findings suggest that financially-distressed firms engage more in reporting small positive earnings relative to financially-healthy firms. In addition, political affiliation weakens the association between financial distress and small positive earnings management. In the second essay, I intend to shed light on social performance of microfinance institutions (MFIs) with respect to gender equality in MFIs' outreach and promotion of entrepreneurship. Rooted in the principles of homophily and risk aversion, I pinpoint a novel topic which is the association between female leadership in MFIs and their services targeting women clients, and find that when more women serve as managers, board members, and/or loan officers in MFIs, the MFIs increase their outreach to women due to gender affinity. Applying the institutional theory, I also analyze the relationship between MFI's outreach to female borrowers and entrepreneurship in an international setting, and highlight the moderating role played by legal environment in this relationship. Findings indicate that in countries with stronger legal environment, women are more inclined to enter entrepreneurship. In my last essay, I turn to look at family firm, which is perceived to behave quite differently compared with non-family firm. From socioemotional wealth preservation and board experience perspectives, I compile a sample of family-owned and -managed firms on the Standard and Poor's (S&P) 500 Index and examine the effect of family involvement on firm internationalization. The results show that the presence of a family member chairing the board impedes internationalization, but that this negative effect is reduced when board members are highly experienced. I also find that the involvement of multiple generations in the business contributes to the firm's internationalization, and that this effect is more pronounced when firms internationalize to geographically distant rather than closer regions. The contributions and implications of this study are also discussed.

Download or read book The Theory of Money and Financial Institutions written by Martin Shubik and published by MIT Press. This book was released on 1999 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first volume in a three-volume exposition of Shubik's vision of "mathematical institutional economics" explores a one-period approach to economic exchange with money, debt, and bankruptcy. This is the first volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"--a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal financial institutions that appear as a logical, technological, and institutional necessity, as part of the "rules of the game." Money and financial institutions are assumed to be the basic elements of the network that transmits the sociopolitical imperatives to the economy. Volume 1 deals with a one-period approach to economic exchange with money, debt, and bankruptcy. Volume 2 explores the new economic features that arise when we consider multi-period finite and infinite horizon economies. Volume 3 will consider the specific role of financial institutions and government, and formulate the economic financial control problem linking micro- and macroeconomics.

Download or read book Three Essays on Public Economics in Developing Countries written by Chigozie Andy Ngwaba and published by . This book was released on 2018 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation contains three essays that examine aspects of public economics and taxation in developing economies. Although each essay examines different questions, they are linked by findings and implications related to policy implementation that is crucial in developing countries. The first paper examines tax reform and entrepreneurship in South Africa. The second paper evaluates corporate tax policy and foreign direct investments in developing countries. The third paper asseses microfinance policy and financial inclusion in Nigeria. Chapter 1 focuses the effects of tax reform on entrepreneurship in South Africa using repeated cross-sectional data from the World Bank. The paper adopts a difference-in-difference estimation technique as well as contrasting periods before and after the tax reform. This contrast is achieved by examining individuals in the formal and informal sector and measuring the effectiveness of the reform on self-employment. The results from the analysis indicate that the tax reform had a positive and significant effect on the probability of becoming self-employed in South Africa and is robust across different econometric specifications. Chapter 2 estimates the impact of corporate taxes on direct foreign investments in developing countries. The paper adds to existing literature using new corporate tax data from 1990-2015 created for the study that includes 65 developing countries. Results from the study indicates that direct foreign investment is not sensitive to corporate taxes in developing economies. This indicates that the flow of foreign investments to developing host nations may be largely driven by other factors. Chapter 3 examines the impact of the microfinance policy supervisory and regulatory framework of 2012 on financial inclusion in Nigeria. The paper contributes to existing literature by employing a national representative data and correcting the self-selection problem evidenced in previous studies. Using the microfinance policy as a natural experiment to test its impact on financial inclusion in Nigeria, the paper finds an increase in account and credit card ownership and no impact on debit card ownership and health insurance enrollment. These results have important implications for monetary and financial policy implementation by the Central Bank of Nigeria.

Download or read book Financial Inclusion Sustainability and the Influence of Religion and Technology written by Rehman, Awais Ur and published by IGI Global. This book was released on 2024-03-18 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial inclusion has proven to be a looming issue challenging policymakers and scholars. Financial inclusion revolves around the fundamental notion of ensuring that individuals from all walks of life have access to affordable and effective financial products and services that cater to their unique needs. Yet, as we grapple with this issue, we find it entwined with other critical factors such as religious and cultural norms, technological advancements, and sustainability goals. The intricate web of these elements forms a complex tapestry that requires deep exploration and understanding. Financial Inclusion, Sustainability, and the Influence of Religion and Technology is a groundbreaking book which delves headfirst into the multifaceted issue of the inclusivity of financial services and the complexities of societal interplay in this matter. Targeting academic scholars as its primary audience, this book acts as a guide to solution development. It meticulously unravels the intricate connections between financial inclusion, sustainability, religion, and technology. Readers will embark on a journey that not only dissects the problem but also illuminates the path forward. From exploring the complex relationship between financial inclusion and sustainability to identifying the challenges and opportunities presented by religion and technology, this book leaves no stone unturned. It offers a comprehensive roadmap for future research and action, providing a beacon of hope for achieving a more equitable and technologically advanced future.

Download or read book Essays on Financial Development and Financial Inclusion written by and published by . This book was released on 2021 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on the Industrial Organization of Financial Markets written by David F. Andrade and published by . This book was released on 1997 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three essays on financial development inequality and growth written by Esteban Jaimovich and published by . This book was released on 2008 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book International Competitiveness in Financial Services written by Marvin H. Kosters and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: financial markets suggests that factors such as differences in capital requirements, limi tations on size or on the range of financial activities in which firms can engage, govern ment guarantee arrangements for deposits or payments, and reporting or disclosure requirements can have important effects on the efficiency of industrial and commercial firms and thus on the international competitive positions of major sectors of the U.S. economy. Regulatory and tax policies must therefore take into account effects on inter national competitive positions in addition to domestic concerns. The articles in this issue analyze differences in market organization and regulation across countries and examine how efficiency in producing financial services is influenced by these differences. These articles were presented and discussed at a conference sponsored by the Amer ican Enterprise Institute in Washington, D.C., on May 31 and June 1, 1990. This confer ence on International Competitiveness in Financial Services brought to the attention of Washington policy officials these analyses by leading scholars in finance. Publication of these studies and critiques in the Journal of Financial Services Research is intended to stimulate further interest in research on these important issues.

Download or read book Inclusive Growth written by Howard Thomas and published by Emerald Group Publishing. This book was released on 2019-04-10 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book outlines a journey from enabling models of government and business to strategies for creating both financial and social inclusion and entrepreneurism as mechanisms for sustainable and inclusive growth.

Download or read book Three Essays in Entrepreneurial Financial Markets written by Steven H. Wagner and published by . This book was released on 2012 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Theorists have shown how credit enhancement in the generic form of collateral can mitigate market failures in credit markets. None of these models has explained, however, why a guarantee rather than collateral will appear in the equilibrium debt contract. In the first essay, I develop optimal debt contracting models under moral hazard to show that lower transactions costs associated with guarantees make them more efficient than collateral. The guarantee contract is feasible, however, only if the business owner is sufficiently wealthy relative to the loan amount. This result suggests that market failure may occur if a small business owner with a high-return project has inadequate personal wealth to guarantee a loan. The second essay in this dissertation uses data from the 2003 Survey of Small Business Finances to empirically test the predictions of the first essay. I estimate both multinomial logit and ordered probit models to examine the effect of guarantor wealth on the equilibrium enhancement structure for lines of credit. I find that increasing owner wealth results in an increased likelihood that a line of credit will be enhanced with only a personal guarantee and a decreased likelihood that the line of credit will be secured with collateral. I also find that use of the more efficient guarantee is less prevalent when the borrower is located in a non-competitive banking market. Both results are consistent with predictions of the first essay. Relationships between small businesses and financial intermediaries are generally viewed only as mechanisms that arise to mitigate informational asymmetries in credit markets. In the third essay, I use a pooled cross section of the 1988, 1993, 1998 and 2003 Surveys of Small Business Finances to study relationships between small businesses and their primary source of financial services. I find evidence that mechanisms other than mitigation of informational asymmetries in credit transactions influence the structure and benefits associated with maintaining relationships. I also find that the two empirical measures of relationship strength decreased between 1988 and 2003 as the small business credit market was being transformed by bank consolidation, financial deregulation and technological innovation in small business lending."--Abstract from author supplied metadata.

Download or read book Beyond Access to Finance Essays on Financial Inclusion and Development written by Theres Klühs and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on Financial Inclusion and Mobile Banking written by Marybeth Rouse and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on Global Financial Inclusion written by Recep Yorulmaz and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Financial Inclusion and Livelihood Transformation written by Srimoyee Datta and published by Springer Nature. This book was released on 2023-08-28 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the role and effect of Microfinance Institutions (MFIs) with different dimensions. It is being supported with strong empirical evidence into various parameters of MFIs directed towards inclusive finance and the transformation journey of livelihoods of its beneficiaries. It also incorporates empirical evidence with the perception of both beneficiaries and non-beneficiaries. Starting its journey toward the path of comprehending how MFIs make their footprint among the excluded population in the selected areas, it incorporates the different outcomes of MFI lending like credit utilisation patterns, income generation, and employability. As financial stability helps to break out the vicious cycle of poverty, this book emphasises the self-dependent element for the beneficiaries and their households. It addresses the important issue of the female counterparts in society. It shows how the MFIs work actively to generate female empowerment from multiple dimensions among the selected communities. It addresses key issues to consider for inclusive policy formulation, especially for backward communities in the backward areas and gives a realistic scenario of the MFI activities, their interactions with the respondents, the various outcomes, and areas for further developments, etc. This book is beneficial for academicians, researchers, and policymakers.