Corporate Culture: Evidence from the Field

Does corporate culture matter? Can differences in corporate culture explain why similar firms diverge with one succeeding and the other failing? To answer these

March 20, 2017 · 1 min · thequant.space

Carbon Risk

We investigate carbon risk in global equity prices. We develop a measure of carbon risk using industry standard databases and study return differences between b

March 10, 2017 · 1 min · thequant.space

DigitalFinanceand Fintech: Current Research and Future Research Directions

Since decades, the financial industry has experienced a continuous evolution in service delivery due to digitalization. This evolution is characterized by expan

March 8, 2017 · 1 min · thequant.space

Capital Structure Theory: An Overview

Capital structure is still a puzzle among finance scholars. Purpose of this study is to review various capital structure theories that have been proposed in the

February 11, 2017 · 1 min · thequant.space

Is There a Green Bond Premium? The Yield Differential Between Green and Conventional Bonds

In this paper, we examine the yield premium of green bonds. We use a matching method, followed by a two-step regression procedure, to estimate the yield differe

December 27, 2016 · 1 min · thequant.space

The Dividend Disconnect

Many individual investors, mutual funds and institutions trade as if dividends and capital gains are disconnected attributes, not fully appreciating that divide

November 29, 2016 · 1 min · thequant.space

Rational Decision-Making under Uncertainty: Observed Betting Patterns on a Biased Coin

What would you do if you were invited to play a game where you were given $25 and allowed to place bets for 30 minutes on a coin that you were told was biased t

October 25, 2016 · 1 min · thequant.space

Disrupting Industries With Blockchain: The Industry, Venture Capital Funding, and Regional Distribution of Blockchain Ventures

The blockchain (i.e., a decentralized and encrypted digital ledger) has the potential to disrupt many traditional business models. This study investigates the e

October 20, 2016 · 1 min · thequant.space

Pockets of Poverty: The Long-Term Effects of Redlining

This paper studies the long-term effects of redlining policies that restricted access to credit in urban communities. For empirical identification, we use a reg

October 17, 2016 · 1 min · thequant.space

Fintech in Developing Countries: Charting New Customer Journeys

A customers’ journey is the path the customer travels to satisfy their needs and wants and will typically consist of several separate processes. FinTech product

October 11, 2016 · 1 min · thequant.space

The Oxford Olympics Study 2016: Cost and Cost Overrun at the Games

Given that Olympic Games held over the past decade each have cost USD 8.9 billion on average, the size and financial risks of the Games warrant study. The objec

July 5, 2016 · 1 min · thequant.space

Bank-Based and Market-Based Financial Systems: Cross-Country Comparisons

Financial systems tend to be more market-based in higher income countries, where stock markets also become more active and efficient than banks. Financial sy

April 20, 2016 · 1 min · thequant.space

Financial Development and Economic Growth: Views and Agenda

October 1996 A growing body of theoretical and empirical work would push even skeptics toward the belief that the development of financial markets and instit

April 20, 2016 · 1 min · thequant.space

Financial Inclusion in Africa: An Overview

This paper summarizes financial inclusion across Africa. First, it provides a brief overview of the African financial sector landscape. Second, it uses the Glob

April 20, 2016 · 1 min · thequant.space

Financial Literacy Around the World: An Overview of the Evidence with Practical Suggestions for the Way Forward

Financial literacy programs are fast becoming a key ingredient in financial policy reform worldwide. Yet, what is financial literacy exactly and what do we know

April 20, 2016 · 1 min · thequant.space

Financial Structure and Bank Profitability

For countries with underdeveloped financial systems, a move toward a more developed financial system reduces bank margins and profitability. Controlling for bot

April 20, 2016 · 1 min · thequant.space

Greed and Grievance in Civil War

Of the 27 major armed conflicts that occurred in 1999, all but two took place within national boundaries. As an impediment to development, internal rebellion es

April 20, 2016 · 1 min · thequant.space

Impact of Migration on Economic and Social Development: A Review of Evidence and Emerging Issues

This paper provides a review of the literature on the development impact of migration and remittances on origin countries and on destination countries in the So

April 20, 2016 · 1 min · thequant.space

Measuring Financial Inclusion: The Global Findex Database

This paper provides the first analysis of the Global Financial Inclusion (Global Findex) Database, a new set of indicators that measure how adults in 148 econom

April 20, 2016 · 1 min · thequant.space

Some New Evidence on Determinants of Foreign Direct Investment in Developing Countries

An export orientation is the strongest variable explaining why a country attracts foreign direct investment. Singh and Jun expand on earlier studies of the d

April 20, 2016 · 1 min · thequant.space