The study examines the relationship and integration of stock markets by using a DCC-GARCH from the period of January 1999 to September 2015. The period of January 1999 to September 2015 is chosen because in this period there has been a revocation of foreign ownership restrictions on the Indonesia StockContinue Reading
Companies that face financial distress are always regarded as the root cause of enormous financial and economic losses for many stakeholders and at the same time, contribute to social unrest within the society. Identifying the determinants of financial distress in advance will bring many advantages to stakeholders so that theyContinue Reading
This study examines the lead-lag relationships among four arrays of equity fund flows into Malaysian equity market. The equity fund flows are of (1) local institutional and retail investors and (2) foreign institutional and retail investors. Using a daily aggregate data, the findings of this study reveal that foreign institutionalContinue Reading
This study investigates the role of innovativeness and learning orientation on the internationalisation performance of small and medium entrepreneurial firms. Exporting has been the most appropriate mode of expansion into foreign market for SMEs due to lower risk and less resource commitment. The literature insists that future study should payContinue Reading