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Endogeneity in CEO power: A survey and experiment
Item type: Journal Article • Journal: Investment Analysts Journal • Authors: Frank Li --- Finance, CanadaThe endogeneity problem has always been one, if not the only, obstacle to understanding the true relationship between different aspects of empirical corporate finance. Variables are typically endogenous, instruments are scarce, and causality relations are complicated. As the first attempt... -
Assessing the finance led growth hypothesis: Empirical evidence from sub-Saharan Africa
Item type: Journal Article • Journal: African Journal of Science, Technology, Innovation and Development • Authors: Kore Marc Guei --- , South Africa Ireen Choga --- , South AfricaFinancial development and economic growth nexus is still an ongoing debate. Several studies have indicated the positive benefits associated with enhancing financial development. Nevertheless, more work can still be done to reap the full benefits of financial development. With growing... -
E-government’s role in enhancing foreign direct investment to sub-Saharan African countries: An application of system GMM
Item type: Journal Article • Journal: African Journal of Science, Technology, Innovation and Development • Authors: Getahun Tolossa Adugna --- School of Economics, College of Business and Economics, University of Gondar, Ethiopia Wondemhunegn Ezezew Melesse --- School of Economics, College of Business and Economics, University of Gondar, Ethiopia Yinges Alemu Muche --- School of Economics, College of Business and Economics, University of Gondar, EthiopiaIn recent years, the provision of government services through electronic platforms has significantly increased due to the rapid development of digital technologies. The significant shift in digital governance is expected to have an effect on key macroeconomic variables through its...