This paper presents fresh findings about key determinants of credit risk commercial banks in emerging economy banking systems compared with developed economies. Australia, France, Japan and the US represent economies; economies are India, Korea, Malaysia, Mexico Thailand. Credit theories empirical literature suggest eight determinants. We find anywhere from two to four factors alone significantly correlated any one system. Regulatory capital is significant for that offer multi products;...

of the Qur'an.

First published in 1985, this study is a comparative examination of industrialisation and industrial policy from the early 1960s to 1980s five original member countries Association South-East Asian Nations (ASEAN): namely Indonesia, Malaysia, Philippines, Singapore Thailand. The work provides an integrated overview policies performance forms essential reading for both those with specialist interest ASEAN their economic performance, students developing world over.

This paper explores the Islamic banking business in Malaysia since its beginning 1983. The sector has achieved target of 20% market share assets and deposits 2010. To boost industry’s competitiveness efficiency, demands forces will have to be delicately balanced with dictates Shari’ah. search for niche products warrants enhancements current regulatory, legal, fiscal infrastructure banking, without which these cannot a viable alternative conventional ones. While prevailing is conducive that...

The paper investigates whether there is a significance difference between the practices of discretionary loan/finance loss provisions Islamic and conventional banks. Same time, tests efficiency may influence behaviour loans/finance provisions, taken into consideration other micro macro variables. study utilizes panel data runs over 1996–2011 with unbalanced observations for 16 banks, which 4 In order to achieve research objectives, two-stage approach adopted examine factors that specific...

Purpose The purpose of this paper is to investigate whether audit quality associated with real earnings management in the UK. Design/methodology/approach authors apply panel fixed effects method that controls for heterogeneity across firms related a large sample UK manufacturing companies period 2010–2013. utilized three proxies measure and two quality. Findings results provide evidence fees are negatively abnormal operating cash flows. Conversely, positively discretionary expenses. Besides,...

Abstract This study describes the isolation and pathogenicity of Streptococcus iniae in cultured red hybrid tilapia (Nile Tilapia Oreochromis niloticus × Mozambique O. mossambicus) Malaysia. The isolated gram-positive S. appeared punctiform, transparently white, catalase oxidase negative produced complete β-hemolysis on blood agar, while a PCR assay resulted amplification 16 S rRNA gene lactate encoded genes. isolate was sensitive to tetracycline, vancomycin, bacitracin but resistant...

Abstract Islamic banking is visibly on the rise across globe, supported by a growing clientele, both Muslim and non‐Muslim, although it has yet to demonstrate that viable alternative conventional banking. still under shadow of banking, not only with products are strikingly similar those offered banks, but also banks having strong presence as stakeholders in industry. early phase presumably long evolutionary process, apparently stuck initial product differentiation. competing rather than...

Purpose – The purpose of this paper is to examine the banking industry’s efficiency using case Yemen. Design/methodology/approach utilises two-stage analysis evaluate adopting Data Envelopment Window Analysis (DEWA) in first stage for period 1996-2011. Furthermore, addresses, two-dimensional matrix, stability and sector order assess their ability survival. In second stage, panel data applied regress a set bank-specific macro-economic variables on Yemen comparative fashion between Islamic...

This paper provides evidence of a significant exchange rate effect on stock index returns using data from seven selected countries practicing free-floating regimes. research uses parity and asset pricing theories, thus placing it within the monetary-cum-economics framework for international pricing. In this study, we apply system seemingly unrelated regression to control unobserved heterogeneity cross-sectional dependence. The findings constitute statistically impact across countries. These...

This paper presents findings from a study of the long‐run purchasing power parity (PPP) conditions in five Asian economies. The cointegration tests using exchange rates and price indices end‐of‐quarter observations over last twenty years reject PPP proposition for all countries. absolute version hypothesis is tested next by lower frequency, that is, semi‐annual annual, data. In general these also failed to support hypothesis. Further analysis Johansen‐Juselius (1990) multivariate approach

Purpose The purpose of this paper is to examine the determinants bank margins in Yemeni banking sector for Islamic and conventional banks. first objective investigate whether there a significant difference between second efficiency represents an influential factor determining banks controlling other micro macro variables. Design/methodology/approach Using data set Yemen post-liberalisation period from 1996 2011, study utilises panel with unbalanced observations 16 banks, which four are...

ASEAN countries' trade linkages with other Asia-Pacific countries are extensive. They not only account for the bulk of exports and imports but also contribute most significantly to their expansion. Trade flows between Pacific have been affected by policy distortions. For instance, protectionist measures both within without tended impede resource reallocations. This study attempts systematically analyse ASEAN-Pacific flows, using several standard methodologies. Additionally, it examines...

This study examines the impact of government initial public offering (IPO) regulation intending on promoting policy. The results implementation a Malaysian policy in 1976, which mandated that at least 30 percent any new shares an IPO offer be sold to indigenous Bumiputera population or mutual funds owned by them. examined short-run and long-run underpricing IPOs found are highly underpriced compared developing countries, creating market microstructure effect. It also confirmed government's...

This paper investigates the nature of money supply in Australia over two separate monetary policy regimes: and inflation targeting. The post-Keynesian theory on endogenous was tested with aim investigating whether supply, if it did exist, followed accomodationist, structuralist or liquidity preference viewpoints. Data used are quarterly series from 1977 to 2007 we vector error-correction model for long-run short-run causality tests. We found that is even when central bank targeted aggregates...