The determinants of liquidity of Indian listed commercial banks: A panel data approach
يناير 03, 2019
The aim objective of this study is to examine the liquidity determinants of Indian listed commercial banks. The study has applied both GMM and pooled, fixed and random effect models to a panel of 37 commercial banks listed on the Bombay Stock Exchange (BSE) in India for the period from 2008 to 2017. The banks’ liquidity (LQD) was taken as a dependent variable which functioned against both bank-specific and macroeconomic determinants. The results indicated that among the bank‐specific factors, b...
Understanding the invisible hands of incentives
يناير 01, 2019
Ghaleb El Refae
Abdelhafid Belarbi
Mahmoud Askari
This paper sheds light on the role of incentives in explaining why we do what we do. In this paper, we theorise that no action will take place in vacuum or without a certain incentive(s) and that for each and every action or behaviour, there is a known and/or a hidden incentive. We also theorise that the existence of incentives behind every action is not limited to rational incentives and the rationality of actors because irrational actions have their own irrational incentives. As well, we theo...
Impacts of information quality on decision-making
يناير 01, 2019
zina houhamdi
Belkacem Athamena