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Dr Badar

Prof. Dr. Badar Alam Iqbal

Citations: 132 (Google Scholar); H-Index 05; (On 13 June, 2018)

Dr. Iqbal is Emeritus Professor; External-Relation- Chair of Research; at Federic Bastiat Institute for African Research; Ghana.

Visiting Emeritus Professor at College of Business Administration, IUBAT; Dhaka, Bangladesh.

Executive Editor {Journal of Reviews on Global Economics}; Scopus Journal [USA)

Guest Editor; Management and Economics Research Journal; USA

Editor; Journal of Business and Financial Affairs; USA

Consulting Editor; Pacific Business Review.

Prof. Badar Alam Iqbal; Ph.D has been the DAAD, Fellow at German Institute of Economic Research; Berlin, Kiel Institute of World Economics; Kiel, South Asia Institute, University of Heidelberg; Germany; Ford Foundation, American Research Center USA; Fulbright Visiting Professor; US; Institute of Developing Economies; Tokyo; Former Fulbright scholar-in-Residence (SIR) 2004-05 at School of Business; Claflin University; South Carolina, USA. In 2016-17, the Fulbright Commission Washington has again nominated for Scholar-in-residence (SIR) at School of Business; Kentucky State University; USA.

Now Dr. Iqbal is Emeritus Professor; External-Relation- Chair of Research; at Federic Bastiat Institute for African Research; Ghana.

Adjunct Professor; Monarch Business School; Monarch University; Switzerland; Visiting Professor at University of Rennes1; France; University of South Africa; Peritoria; Former Extra Ordinary Professor, School of Economic Sciences; North-West University; South Africa; International Islamic University; Malaysia AIMA Accredited Management Professor; New Delhi; International Accredited Organization’s Professor; USA; Recently, International University of Business, Agriculture and Technology has conferred Visiting Emeritus Professor at College of Business Administration, Dhaka, Bangladesh.

In 2018, Prof. Iqbal was Visiting Professor; Faculty of Management Sciences; Vaal University of Technology; Vanderbijalpark; South Africa

American Bibliographical Institute; USA; has Inducted Prof. Iqbal into Hall of Fame for Distinguished Accomplishments in Commerce and Management;

The Brazilian Government has awarded a Two Months Fellowship to teach a course on International Economics and Business at Graduate Program from September 15 2013 to November 14, 2013. Chinese Government has given One Month Fellowship for research at Beijing Institute of Technology (BIT); Beijing, China. EU Commission; Denmark; has awarded Three month Scholarship to teach a course at University of Warsaw; Poland in 2014.

Second best Speech at BRICS Forum; University of Guangzhou; China; Member; Editorial Review Board; IGI; Global USA.

The Society of Emerging Economies, Guangzhou, China has invited Prof. Iqbal for the International Conference, China for 2015 and 2016. BRICS Think Tank has also invited Prof. Iqbal to their Roundtable, at Guangzhou on December 3, 2015; November 3, 2016 and November 3, 2017. China Council for BRICS Think-Tank Cooperation, Guangdong University of Technology has invited Prof. Iqbal for Its Global Seminar on BRICS, on May 16, 2017. Sichuan International Studies University; China has invited Prof. Iqbal as an Invited Speaker/Commenter to its International Conference on BRICS on May 20, 2017. In 1992, Prof. Iqbal was Visiting Associate Professor at Indira Gandhi Institute of Development Research (IGIDR), Mumbai which is the primer research center of Reserve Bank of India (RBI) and worked on FDI Inflows in South Asia: A Case of India.

External PH.D Supervisor atGraduate School of Business & Leadership University of KwaZulu-Natal, Westville Campus; South Africa; Uganda Institute of Management; Kampala.; Great Zimbabwe University; Zimbabwe;

External Referee for Promotion of Professor, Associate Professor; University of Natal; South Africa; University of Kuwait; Kuwait; King Abdul Aziz University; Saudi Arabia; Karachi University, Gomal University, Pakistan; University of Jordan

External Evaluator of Ph.D. thesis at Latrobe University; Australia; RMIT University; Australia; Natal University; South Africa; North-West University; South Africa. University Putra Malaysia; University of Malaya; Malaysia; University of Khartoum; Tanzania, Trabhune University; Nepal.

MBA Dissertations Examiner; Natal University, South Africa; North West University, South Arica. Makerere University Business School; Ghana; University of Malawi; Polytechnic. External Examiner for Graduate Programme. University of Rhodes; South Africa; University of Jonesburg; South Africa;Open University of West Indies; External Examiner for Master of Business Administration for University of Malawi, Africa.

Chief Associate Editor-in-Chief; International Journal of Management and Innovation; Taiwan; Member Advisory Board, Africa and Brazilian Studies; Editor-in-Chief, Advances in Arts and Social Sciences; Nigeria; Member, Global Council of Peer Reviewers; USA; Chief Reviewer, Global Journal of Strategy and Governance; Canada; Member; Served as a Reviewer for World Finance Congress; Brazil. Special Advisor, Transnational Corporations Review (TNCR); Ottawa, Canada; Member, International Advisory Board; Ellta; Malaysia; Guest Editor; Journal of Review on Global Economics; USA; Member Editorial Board; European Scientific Journal; European Scientific Institute; UK. Special Advisor; Transnational Corporations Review (TNCR); Taylor and Francis; UK

Guest editor, Management and Economics Research Journal; USA; Guest editor; Austin Journal of Business Administration and Management; USA. Guest Editor; Special Issues (Global trade, Transnational Tourism and Global FDI); Transnational Corporation Review; Taylor and Francis, UK. Executive Editor; Journal of Reviews on Global Economics; USA. Editorial Review Board Member; IGI; Global USA; Guest Editor; Management Economics Research Journal; USA; Advisory Editor; International Journal of Marketing Knowledge; Iran.

Published 145 papers in Foreign Journals in Switzerland; Canada; UK; Mexico; Brazil; Romania; USA; 15 Editorial Notes in American and UK journals; 06 papers in Edited Volume in Foreign Countries and 12 papers in Edited Volume in India; and 85 in Indian Academic Journals of Repute. Author of 12 books based on research conducted at different Institutes/Universities around the world. 05 papers have been included in International Bibliographies and Encyclopedias’.

Teaching Subjects at Graduate and Masters’ Level in different universities across the world:

  1. International Economics
  2. International Business
  3. International Business Environment
  4. International Marketing

(Prof. Dr. Badar Alam Iqbal)

Adjunct Professor

School of Economics and Finance

Faculty of Economics and Finance

Monarch University

Zug (Switzerland)

Reviews Global Eco small

Table of Contents

Volume 6, 2017





The Mediating Role of Organizational Culture on the Relationship between Employee Performance and Antecedents in the Hotel Sector - Pages 489-497

Ghaith Abdulraheem Ali Alsheikh, Mutia Sobihah Binti Abd Halim, Maysoon Shafeeq Ahmad Alremawi and Abdul Malek Bin A Tambi

DOI: https://doi.org/10.6000/1929-7092.2017.06.49


The Impact of Human Resource Management Practices, Organizational Culture, Motivation and Knowledge Management on Job Performance with Leadership Style as Moderating Variable in the Jordanian Commercial Banks Sector - Pages 477-488

 Ghaith Abdulraheem Ali Alsheikh, Enas Ali Theeb Alnawafleh, Mutia Sobihah Binti Abd Halim and Abdul Malek Bin A Tambi

 DOI: https://doi.org/10.6000/1929-7092.2017.06.48

Racing to the Bottom? The Link between Exporting Behaviour and Worker Job Satisfaction - Pages 463-476
Zara Liaqat
DOI: https://doi.org/10.6000/1929-7092.2017.06.47

Retroeconomics – Moving from Dying to Brisk Economy - Pages 455-462
Vladimer Papava
DOI: https://doi.org/10.6000/1929-7092.2017.06.46

Voluntary Corporate Governance Disclosure Innovative Evidence: The Case of Jordan - Pages 443-454
Ahmad Hamed Awwad Almanasir and B. Shivaraj
DOI: https://doi.org/10.6000/1929-7092.2017.06.45

Effects of Market Reforms and External Shocks on Indian Stock Indices: Evidence on Structural Breaks and Weak-Form Efficiency - Pages 426-442
Somnath Chattopadhyay and Suchismita Bose
DOI: https://doi.org/10.6000/1929-7092.2017.06.44

Real Risk-Free Rate, the Central Bank, and Stock Market Bubbles - Pages 420-425
Jukka Ilomäki and Hannu Laurila
DOI: https://doi.org/10.6000/1929-7092.2017.06.43

European Insurance Markets in Face of Financial Crisis: Application of Learning Curve Concept as a Tool of Insurance Products Innovation – Discussion - Pages 404-419
Adam Śliwński, Anna Karmańska and Tomasz Michalski
DOI: https://doi.org/10.6000/1929-7092.2017.06.42

Exploration of Leisure Time Valuation to Explain Sex-Based Wage Gaps among Salaried Primary Care Physicians in the US - Pages 395-403
William B. Weeks and Bruno Ventelou
DOI: https://doi.org/10.6000/1929-7092.2017.06.41

The Invisible Hand of Rent Seeking: Capitalism, Democracy, and the Budget Deficits - Pages 380-394
Hiroaki Hayakawa and Yannis P. Venieris
DOI: https://doi.org/10.6000/1929-7092.2017.06.40

Special Issue

Recent Topical Research on Global, Energy, Health & Medical, and Tourism Economics, and Global Software

Recent Topical Research on Global, Energy, Health & Medical, and Tourism Economics, and Global Software: An Overview - Pages 218-224
Chia-Lin Chang and Michael McAleer
DOI: https://doi.org/10.6000/1929-7092.2017.06.20

Global Economics
Re-Opening the Silk Road to Transform Chinese Trade
- Pages 225-232

Ning Mao and Michael McAleer
DOI: https://doi.org/10.6000/1929-7092.2017.06.21

Education and Skill Mismatches in Maptaphut Industrial Estate, Thailand - Pages 233-238
Duangjan Varakamin
DOI: https://doi.org/10.6000/1929-7092.2017.06.22

Development of a Code of Practice and Indicators for Quality Management of Official Statistics in Thailand - Pages 239-247
Titirut Mekbunditkul and Sorachai Phisalbutr
DOI: https://doi.org/10.6000/1929-7092.2017.06.23

Energy Economics
Projections of Energy Use and Carbon Emissions for Bangkok, Thailand
- Pages 248-257
Aumnad Phdungsilp
DOI: https://doi.org/10.6000/1929-7092.2017.06.24

Multi-Fuel Allocation for Power Generation Using Genetic Algorithms - Pages 258-268
Anurak Choeichum, Narongdech Keeratipranon and Chaiyaporn Khemapatapan
DOI: https://doi.org/10.6000/1929-7092.2017.06.25

Optimal Active Energy Loss with Feeder Routing and Renewable Energy for Smart Grid Distribution - Pages 269-278
Phatcharasak Phawanaphinyo, Narongdech Keeratipranon and Chaiyaporn Khemapatapan
DOI: https://doi.org/10.6000/1929-7092.2017.06.26

Health & Medical Economics
Demand for Narcotics in Thailand, with Policy Implications
- Pages 279-284

Renu Sukharomana and Chia-Lin Chang
DOI: https://doi.org/10.6000/1929-7092.2017.06.27

Computer Technology to Improve Medical Information in Bangkok, Thailand - Pages 285-292
Waraporn Jirapanthong
DOI: https://doi.org/10.6000/1929-7092.2017.06.28

Tourism Economics
Heritage Tourism and Vibrant Life of the Baan Lao Community, Chao Phraya River, Bangkok, Thailand
- Pages 293-301

Korakit Choomgrant and Renu Sukharomana
DOI: https://doi.org/10.6000/1929-7092.2017.06.29

Ecotourism Impacts on the Economy, Society and Environment of Thailand - Pages 302-312
Aswin Sangpikul
DOI: https://doi.org/10.6000/1929-7092.2017.06.30

Taxi Drivers’ Cross-Cultural Communication Problems and Challenges in Bangkok, Thailand - Pages 313-320
Janpha Thadphoothon
DOI: https://doi.org/10.6000/1929-7092.2017.06.31

Global Software
A Hybrid Knowledge Discovery System Based on Items and Tags
- Pages 321-327

Winyu Niranatlamphong and Worasit Choochaiwattana
DOI: https://doi.org/10.6000/1929-7092.2017.06.32

Using a Game Development Platform to Improve Advanced Programming Skills - Pages 328-334
Banyapon Poolsawas and Winyu Niranatlamphong
DOI: https://doi.org/10.6000/1929-7092.2017.06.33

Quadratic Approximation of the Newsvendor Problem with Imperfect Quality - Pages 335-341
Natapat Areerakulkan
DOI: https://doi.org/10.6000/1929-7092.2017.06.34

You’ve Got Email: A Workflow Management Extraction System - Pages 342-349
Piyanuch Chaipornkaew, Takorn Prexawanprasut and Michael McAleer
DOI: https://doi.org/10.6000/1929-7092.2017.06.35

An Academic Search Engine for Personalized Rankings - Pages 350-354
Worasit Choochaiwattana
DOI: https://doi.org/10.6000/1929-7092.2017.06.36

Creative and Learning Processes using Game-Based Activities - Pages 355-366
Wilawan Inchamnan and Karuna Yampray
DOI: https://doi.org/10.6000/1929-7092.2017.06.37

Personal Software Process with Automatic Requirements Traceability to Support Startups - Pages 367-374
Waraporn Jirapanthong
DOI: https://doi.org/10.6000/1929-7092.2017.06.38

Comparing Statistical and Data Mining Techniques for Enrichment Ontology with Instances - Pages 375-379
Aurawan Imsombut and Jesada Kajornrit
DOI: https://doi.org/10.6000/1929-7092.2017.06.39

Special Issue

Monetary Policy in a Post-Crisis World: Experiences and Practices

DemoRicardo Ramalhete Moreira
(Guest Editor)
E-mail: Ricardo Ramalhete Moreira

EDITORIAL: Monetary Policy in a Post-Crisis World: Experiences and Practices - Page i

Ricardo Ramalhete Moreira

Predicting Fed Forecasts - Pages 175-180
Neil R. Ericsson
DOI: https://doi.org/10.6000/1929-7092.2017.06.15

The “Sudden” Transition to the Free Floating Exchange Rate Regime in Russia in 2014 - Pages 181-192
Evgenii V. Gilenko
DOI: https://doi.org/10.6000/1929-7092.2017.06.16

Expectations, Taylor Rules and Liquidity Traps - Pages 193-197
Yangyang Ji
DOI: https://doi.org/10.6000/1929-7092.2017.06.17

Changes in Inflation Persistence Prior and Subsequent to the Subprime Crisis: What are the Implications for South Africa? - Pages 198-207
Andrew Phiri
DOI: https://doi.org/10.6000/1929-7092.2017.06.18

Correlations between the Market Price of Interest Rate Risk and Bond Yields - Pages 208-217
Takashi Yasuoka
DOI: https://doi.org/10.6000/1929-7092.2017.06.19

Chinese Economy in 2050 - The Key Challenges on the way to Grow - Pages 163-174
Piotr Rubaj
DOI: https://doi.org/10.6000/1929-7092.2017.06.14

Prediction of Gas Concentration Based on the Opposite Degree Algorithm - Pages 154-162
Xiao-Guang Yue and Michael McAleer
DOI: https://doi.org/10.6000/1929-7092.2017.06.13

Some Problems on the Sectoral Structure, GDP Growth and Sustainability of Vietnam - Pages 143-153
Bui Trinh and Bui Quoc
DOI: https://doi.org/10.6000/1929-7092.2017.06.12

Can Europe Prosper Without the Common Currency? A Historical Perspective - Pages 129-142
Ton Notermans
DOI: https://doi.org/10.6000/1929-7092.2017.06.11

Determinants of Satisfaction with an Urban Tourism Destination: The Case of Barcelona - Pages 113-128
Teresa Garín-Muñoz and María J. Moral
DOI: https://doi.org/10.6000/1929-7092.2017.06.10

Foreign Direct Investment and its Literature Review - Pages 105-112
Khaldoun Maddallah Al-Qaisi
DOI: https://doi.org/10.6000/1929-7092.2017.06.09

Modeling of the Aerial Capacity through a Leontief Production Function: The Case of Tunisian Airports - Pages 98-104
Harizi Besma, Harizi Riadh and M'raïhi Rafaa
DOI: https://doi.org/10.6000/1929-7092.2017.06.08

Sustainable Development as a Macro-Regional Goal - Pages 87-97
Donatella Porrini and Fabrizio Striani
DOI: https://doi.org/10.6000/1929-7092.2017.06.07

A Theory of Currency Unions and Equity Price Shocks - Pages 68-86
Christopher E.S. Warburton
DOI: https://doi.org/10.6000/1929-7092.2017.06.06

Theravada Buddhism and Thai Luxury Fashion Consumption - Pages 58-67
Michael McAleer and Ning Mao
DOI: https://doi.org/10.6000/1929-7092.2017.06.05

Defining the Role of Competition in the Airport Industry: A Critical Assessment - Pages 42-57
Michael L. Polemis and Aikaterina Oikonomou
DOI: https://doi.org/10.6000/1929-7092.2017.06.04

Financial Development, Investment and Economic Growth: Evidence from Nigeria - Pages 33-41
Umar Bida Ndako
DOI: https://doi.org/10.6000/1929-7092.2017.06.03

Market Efficiency in the MENA Equity Markets: Evidence from Newly Developed Tests and Regime Change - Pages 15-32
Ata Assaf and Husni Charif
DOI: https://doi.org/10.6000/1929-7092.2017.06.02

Inflation Dynamics and Monetary Transmission in Turkey in the Inflation Targeting Regime - Pages 1-14
Arzu Tay Bayramoglu and Larry Allen
DOI: https://doi.org/10.6000/1929-7092.2017.06.01

Disclaimer Statement

Guest Editor:  Prof. Peter Brusov


Journal of Reviews in Global Economics invites economists and researchers to submit their research results of their investigations on this topic to journal (This email address is being protected from spambots. You need JavaScript enabled to view it. ) or directly to Guest Editor Prof. Peter Brusov, Financial University, Moscow (This email address is being protected from spambots. You need JavaScript enabled to view it.).

One of the main and most important problems in corporate finance is the problem of cost of capital, the impact of capital structure on its cost and capitalization of the companies and problem of an optimal capital structure of the companies (at which the company capitalization is maximal, and weighted average cost of capital is minimal). The importance of these problems is connected to the fact, that one can doing nothing, just by change the ratio between debt and equity (change the capital structure) increase the capitalization of the company. However, to date, even the question of the existence of an optimal capital structure of the companies still remains open. Numerous theories and models, including the first and the only one until recently quantitative theory by Nobel laureates Modigliani and Miller (MM), not only does not solve the problem, but also because of the large number of restrictions (such as, for example, theory of MM) have a weak relationship to the real economy. Herewith the qualitative theories and models, based on the empirical approach, do not allow to carry out the necessary assessment.

This special issue is devoted to recent development of capital structure theory and its applications. Discussions will be made within both main theories: modern theory by Brusov, Filatova and Orekhova (BFO theory) and its perpetuity limit - classical Modigliani-Miller (MM) theory, which will be compared in details. The BFO theory has replaced  the famous theory of capital cost and capital structure by Nobel laureates Modigliani and Miller. The authors have moved from the assumption of Modigliani-Miller concerning the perpetuity (infinite time of life) of companies and further elaborated quantitative theory of valuation of core parameters of financial activities of companies of arbitrary age as well as arbitrary time of life.

   Results of modern BFO theory turn out to be quite different from ones of Modigliani-Miller theory. They show, that later, via its perpetuity, underestimates the assessment of weighted average cost of capital, the equity cost of the company and substantially overestimates the assessment of the capitalization of the company.

   Such an incorrect assessment of key performance indicators of financial activities of companies has led to an underestimation of risks involved, and impossibility, or serious difficulties in adequate managerial decision-making, that was one of the implicit reasons of global financial crisis of 2008 year.

   Within new theory of capital cost and capital structure (BFO theory) a lot of qualitatively new results have been obtained, among them:

- Bankruptcy of the famous trade off theory has been proven. BFO theory has destroyed some main existing principles of financial management: among them trade off theory, which was considered as keystone of formation of optimal capital structure of the company during many decades, as well as some others.

-The qualitatively new effect in corporate finance, discovered by authors: abnormal dependence of equity cost on leverage,  which significantly alters the principles of the company's dividend policy.

- Mechanism of formation of the company optimal capital structure, different from suggested by trade off theory has been suggested.

- "A golden age" of the company has been discovered. It was shown for the first time that valuation of WACC in the Modigliani – Miller theory is not minimal and valuation of the company capitalization is not maximal, as all financiers supposed up to now: at some age of the  company its WACC value turns out to be lower, than in Modigliani – Miller theory and company capitalization V turns out to be greater, than V in Modigliani – Miller theory.

- The inflation in both Modigliani-Miller as well as  in Brusov-Filatova-Orekhova theories has been taken into account in explicit form, with the detected its non-trivial impact on the dependence of equity cost on leverage.

- Study of the role of taxes and leverage has been done, that allows to the Regulator to set the tax on profits rate, and to businesses to choose the optimal level of debt financing.

- Investigation of the influence of tax on profit rate on effectiveness of investment projects at different debt levels showed, that increase of tax on profit rate from one side leads to decrease of project NPV, but from other side it leads to decrease of sensitivity of NPV with respect to leverage level. At high leverage level L the influence of tax on profit rate change on effectiveness of investment projects becomes significantly less.

- Studying the influence of growth of tax on profit rate on the efficiency of the investment as well has led to two qualitatively new effects in investments:

1. the growth of tax on profit rate changes the nature of the NPV dependence on leverage L at some value t*: there is a transition from diminishing function NPV(L) at t<t*, to growing function NPV(L) at t>t*.

2. at high leverage levels the growth of tax on profit rate leads to the growth of the efficiency of the investments.

Discovered effects in investments can be applied in a real economic practice for optimizing of the management of investments.

  Established BFO theory allows to conduct a valid assessment of the core parameters of financial activities of companies, such as weighted average cost of capital and equity capital cost of the company, its capitalization. It allows to a management of company to make adequate decisions, that improves the effectiveness of the company management. More generally, the introduction of the new system of evaluation of the parameters of financial activities of companies into the systems of financial reporting (IFRS, GAAP etc.) would lead to lower risk of global financial crisis.

  Corporate management in the modern world is the management of financial flows. The proposed Brusov-Filatova-Orekhova theory allows correctly identify a discount rates - basic parameters for discounting of financial flows to arbitrary time moment, compare financial flows with a view to adoption of literate managerial decisions. The discount rate is a key link of the existing financial system, by pulling on the which modern finance can be adequately build, and  BFO theory can assist in this.

Applications of BFO theory in corporate finance and investments will be discussed in the following areas: 1. Optimal capital structure in companies and corporations; 2. Rating agencies; 3. Investment companies; 4. Banks and credit organizations;  5. Valuation of business; 6. Insurance companies; 7. Financial reports (ISFR, GAAP etc). In each area using the results of BFO theory, correct discount rate etc. will be very important.

While main results of BFO theory one can see from the monograph by Brusov et al. Modern Corporate Finance, Investments and Taxation, Springer, 2015, http://www.springer.com/gp/book/9783319147314, in this issue the father development of modern capital structure theory and its application in different areas of corporate finance, mentioned above, will be discussed.

And the first paper of this issue "The ratings: new approach" will be devoted to application of the perpetuity limit of BFO theory (MM theory) to rating methodology: for the first time we will incorporate the main parameters of ratings - rating "ratios" -directly into modern capital structure theory. This allows to use the powerful methods and "toolkit" of this theory in rating and creates practically the new basis of a rating methodology, that allows make more correct ratings.

List of articles already lined up on this topic:
Ratings: a new approach
Peter Brusov, Tatiana Filatova, Natali Orekhova, Veniamin Kulik

New meaningful effects in modern capital structure theory
Peter Brusov, Tatiana Filatova, Natali Orekhova, Veniamin Kulik

Improving business performance through financial modeling and analysis
Olga Efimova

Reviews Global Eco small

Table of Contents

Volume 7, 2018 





General Articles                                                                             Go To Special Issue

Chinese Currency Devaluation and the Economic Implications for Nigeria - Pages 882-889
Chinwe R. Okoyeuzu, Anthony Igwe and Wilfred I. Ukpere
DOI: https://doi.org/10.6000/1929-7092.2018.07.86

Globalisation, Working Conditions, Cheap Labour and Employment Relations in Kenya  
- Pages 872-881
Kennedy Olungo and Wilfred Ukpere
DOI: https://doi.org/10.6000/1929-7092.2018.07.85

Brics’ Foreign Debt Burden and its Impact on Core Institutional Basis
- Pages 345-359

Ravil Gabdullaevich Akhmadeev, Olga Alekseevna Bykanova and Tatiana Borisovna Turishcheva
DOI: https://doi.org/10.6000/1929-7092.2018.07.30

The Effect of Transparency Policies on Shadow Economy: Measurement and Evidence from Korea - Pages 337-344
Ki Beom Binh, Myung-Ho Park and Seokjin Woo
DOI: https://doi.org/10.6000/1929-7092.2018.07.29

Call Timing of Callable Non-Convertible Bonds: A Survival Analysis- Pages 324-336
Jung Bum Wee, Keunkwan Ryu and Ki Beom Binh
DOI: https://doi.org/10.6000/1929-7092.2018.07.28

Factors Influencing the Intentions of Non-Muslims in India to Accept Islamic Finance as an Alternative Financial System - Pages 317-323
Hasnan Baber
DOI: https://doi.org/10.6000/1929-7092.2018.07.27

Investigation of Household Debt through Multilevel Multivariate Analysis: Case of a Developing Country - Pages 297-316
Wajiha Haq, Noor Azina Ismail and NurulHuda Mohd Satar
DOI: https://doi.org/10.6000/1929-7092.2018.07.26

Pros and Cons of the Impact Factor in a Rapidly Changing Digital World - Pages 280-296

Michael McAleer, Judit Oláh and József Popp
DOI: https://doi.org/10.6000/1929-7092.2018.07.25

Contribution of Organizational Learning and Market Orientation on Business Unit Performance Mediated by Job Satisfaction at Dairy Cattle Milk Cooperatives in East Java, Indonesia - Pages  207-216

Salim Al Idrus, Ansari Saleh Ahmar, and Abdussakir
DOI: https://doi.org/10.6000/1929-7092.2018.07.19

Antecedents of Entrepreneurial Intent: A Cross-Country Comparison of Generation Y University Students - Pages 195-206

Esther Marire and Manilall Dhurup
DOI: https://doi.org/10.6000/1929-7092.2018.07.18

Internet and Consumer behaviour in Travel and Tourism: A European Cross-National Analysis - Pages 186-194

Julio Navío-Marco, Luis Manuel Ruiz-Gómez and Claudia Sevilla-Sevilla
DOI: https://doi.org/10.6000/1929-7092.2018.07.17

Labor-Use Efficiency in Saudi Manufacturing Sectors - Pages 174-185

Ali Saggay and Asma Raies
DOI: https://doi.org/10.6000/1929-7092.2018.07.16

Computational Facilities and Web-Resources: Case Study of Large Private University with Fast-Growing Clients - Pages 165-173

Srikanta Charana Das, Rabi N. Subudhi and Arun Kumar Patra
DOI: https://doi.org/10.6000/1929-7092.2018.07.15

Optimal Taxation and Economic Growth in Tunisia: Short and Long Run Analysis - Pages 157-164

Terzi Chokri, El Ammari Anis and Bouchrika Ali
DOI: https://doi.org/10.6000/1929-7092.2018.07.14

Economic Integration and Stock Market Comovement:An Empirical Study Pairing Pakistan’s Stock Exchange with 21 other Markets - Pages 28-36
Raheel Gohar, Syed Zulfiqar Ali Shah and Habib Ahmad
DOI: https://doi.org/10.6000/1929-7092.2018.07.04

The Effect of Tax System on Shareholder Decisions when Choosing a Accounting Principles - Pages 21-27

Hisham Noori Hussain AL-Hashimy
DOI: https://doi.org/10.6000/1929-7092.2018.07.03

The Impact of Falling Crude Oil Price on Financial Markets of Advanced East Asian Countries - Pages 10-20

Mirzosaid Sultonov
DOI: https://doi.org/10.6000/1929-7092.2018.07.02

Minimum Wage and Unemployment: An Empirical Study on OECD Countries - Pages 1-9

Chong-Uk Kim and Gieyoung Lim


Special Issues                                                                            Go To General Articles
Socioeconomic Issues of Emerging Economies
EDITORIAL - Pages i-ii
Chux Gervase Iwu

Private Sector Lending and Growth of the Real Sectors in a Developing Economy: An Ardl Approach - Pages 953-961
Ebere Ume Kalu, Chinwe Okoyeuzu, Felix Chukwubuzo Alio and Wilfred I. Ukpere
DOI: https://doi.org/10.6000/1929-7092.2018.07.93

Stability of Money Demand in the Russian Economy after the Global Financial Crisis of 2008-2009 - Pages 946-952
Evgenii V. Gilenko
DOI: https://doi.org/10.6000/1929-7092.2018.07.92

Why do Generation Y’s Share Viral Advertisements? Implications for the Sustainability of a Business - Pages 934-945
Nkosivile Welcome Madinga and Eugine Tafadzwa Maziriri
DOI: https://doi.org/10.6000/1929-7092.2018.07.91

Improving the Competitiveness of Nigerian Deposit Money Banks through Business Process Re-Engineering - Pages 926-933
Ann I. Ogbo, Emmanuel Y. Attah and Wilfred I. Ukpere
DOI: https://doi.org/10.6000/1929-7092.2018.07.90

The Politics of Youth Participation in Social Intervention Programmes in Ghana: Implications for Participatory Monitoring and Evaluation (PM&E) - Pages 913-925
Evans Sakyi Boadu and Isioma Ile
DOI: https://doi.org/10.6000/1929-7092.2018.07.89

A Review of the Impact of the National Micro Small and Medium Enterprise Policy on Youth Employment and Enterprise Development: A Case of the Small Medium Enterprises Development Agency of Nigeria - Pages 901-912
Emmanuel Idemudia Ilori, Isioma Uregu Ile and Charles O.K. Allen-Ile
DOI: https://doi.org/10.6000/1929-7092.2018.07.88

Coping Ability and Employment Growth in African Immigrant-Owned Small Businesses in Southern Africa - Pages 890-900
Chukuakadibia Eresia-Eke and Chijioke Okerue
DOI: https://doi.org/10.6000/1929-7092.2018.07.87

Modern Corporate Finance: New Approaches and Decisions
EDITORIAL - Pages i-vi
Tatiana Filatova

The Impact of Financial Risk and Volatility to the Cost of Debt, and the Average Cost of Capital - Pages 865-871
Pavel E. Zhukov
DOI: https://doi.org/10.6000/1929-7092.2018.07.84

Impact of Banking Real Estate as an Asset Class on Financial System Stability: Monitoring, Forecasting, Management - Pages 851-864
S.G. Sternik and G.V. Teleshev
DOI: https://doi.org/10.6000/1929-7092.2018.07.83

Venture Capital in Russia and the Global Evolution of Venture Capital - Pages 843-850
Eugenia L. Moreva
DOI: https://doi.org/10.6000/1929-7092.2018.07.82

Nature of the System of Common Standards for Valuation in the Countries of the Eurasian Economic Union - Pages 834-842
Grigoriev Vladimir Viktorovich
DOI: https://doi.org/10.6000/1929-7092.2018.07.81

Problems of the Russian Market of Merger and Absorption Transactions - Pages 825-833
Ermolovskaya O. Yu
DOI: https://doi.org/10.6000/1929-7092.2018.07.80

Investment and Dividend Policy of Oil and Gas and other Russian Companies: Financial Aspect - Pages 812-824
V.F. Gaponenko, O.I. Zhukova, R.R. Alaberdeev, Kh.Sh. Kilyskhanov and E.A. Teterina
DOI: https://doi.org/10.6000/1929-7092.2018.07.79

Modernization of the Company's Fixed Assets: Critical Factors that Affect the Capital Budgeting Decisions - Pages 804-811
Svetlana V. Shchurina and Marina A. Prunenko
DOI: https://doi.org/10.6000/1929-7092.2018.07.78

The Development of Taxation of Small Business in Russia in the Conditions of the Digital Economy - Pages 797-803
I.A. Zhuravleva
DOI: https://doi.org/10.6000/1929-7092.2018.07.77

Dividend Policy and Its Influence on the Cost of Capital - Pages 790-796
Svetlana V. Shchurina and Elvira F. Mustafina
DOI: https://doi.org/10.6000/1929-7092.2018.07.76

Prospects for the Use of Private Sector Capital in the Development of High-Tech Industry - Pages 784-789
Alexey V. Kemenov, Nikolay A. Okatyev, Vladimir K. Proskurin and Boris V. Proskurin
DOI: https://doi.org/10.6000/1929-7092.2018.07.75

Modeling the Process of Financing Small Organizations - Pages 774-783
Natalia Morozko, Nina Morozko and Valentina Didenko
DOI: https://doi.org/10.6000/1929-7092.2018.07.74

Corporate Outsourcing Evaluation Financial Mechanisms - Pages 768-773
Yury M. Tsygalov, Ekaterina E. Dorozhkina, Alexey V. Dorozhkin and Igor I. Ordinartsev
DOI: https://doi.org/10.6000/1929-7092.2018.07.73

Improving the Calculation of the Efficiency Assessment of Cash Flow Management in High-Tech Industries - Pages 759-767
Alexey V. Kemenov, Tatyana V. Abalakina and Olga I. Zhukova
DOI: https://doi.org/10.6000/1929-7092.2018.07.72

New Approaches to the Estimation of the Auditor Organization Activity Quality - Pages 752-758
Amerslanova Aynara Nadirovna and Melnik Margarita Viktorovna
DOI: https://doi.org/10.6000/1929-7092.2018.07.71

Evaluation of the Marketing Influence on the Investment Attractiveness of the Company - Pages 740-751
Elena Tyutyukina, Inna Lukashenko, Tatyana Sedash, Kristina Ivanushkina and Anatoly Danilov
DOI: https://doi.org/10.6000/1929-7092.2018.07.70

Testing the Value Function of the Prospect Theory on Russian M&A Market - Pages 731-739
Semen Y. Bogatyrev
DOI: https://doi.org/10.6000/1929-7092.2018.07.69

External Risk Factors Influence on the Financial Stability of Construction Companies - Pages 726-730
N.V. Kapustina, A.N. Rjachovskaya, D.I. Rjachovskij and L.V. Gantseva
DOI: https://doi.org/10.6000/1929-7092.2018.07.68

The Combined Method of Forecasting the Investments within the Framework of Panel Data Models - Pages 721-725
Lyudmila O. Babeshko, Maria Y. Mikhaleva and Irina V. Orlova
DOI: https://doi.org/10.6000/1929-7092.2018.07.67

Assessment of the Financial Stability of Russian Printing Companies: Business Services Sector - Pages 716-720
Raisa Fedosova, Alexander Lisovsky, Anastasia Yussuf, Svetlana Panova and Galina Zlotnikova
DOI: https://doi.org/10.6000/1929-7092.2018.07.66

Investment Attractiveness of “Green” Financial Instruments - Pages 710-715
Alina Shaydurova, Svetlana Panova, Raisa Fedosova and Galina Zlotnikova
DOI: https://doi.org/10.6000/1929-7092.2018.07.65

Creation of Corporative Financial Stability Index: Integrated Approach - Pages 703-709
I.Y. Lukasevich, N.A. Lvova and D.V. Sukhorukova
DOI: https://doi.org/10.6000/1929-7092.2018.07.64

Public Opinions Impacts on Cryptocurrency Valuation: A View from Behavioral Finance Perspective - Pages 696-702
Andrey A. Gusev
DOI: https://doi.org/10.6000/1929-7092.2018.07.63

Value and Price of Russian Business: The Entity, the Relationship and Impact of Financial Indicators - Pages 682-695
Kosorukova Irina, Plyasova Svetlana, Prokimnov Nikolay and Rodin Alexander
DOI: https://doi.org/10.6000/1929-7092.2018.07.62

Integrating Sustainability Issues into Investment Decision Evaluation - Pages 668-681
Olga V. Efimova
DOI: https://doi.org/10.6000/1929-7092.2018.07.61

Problems of Determining the Cost of Collateral in the Conditions of Implementation Basel II, III Standards in Russia - Pages 662-667
Marina A. Fedotova, Tatiana V. Tazikhina, Yana V. Nadezhdina and Inna V. Raeva
DOI: https://doi.org/10.6000/1929-7092.2018.07.60

Ratings of the Long–Term Projects: New Approach - Pages 645-661
T.V. Filatova, P.N. Brusov, N.P. Orekhova and V.L. Kulik
DOI: https://doi.org/10.6000/1929-7092.2018.07.59

Banking System and Financial Markets of Russia and other Countries: Problems and Prospects
EDITORIAL - Pages i-v
Peter Brusov

The Study of Investment Preferences of Russians on Individual Investment Account - Pages 626-644
Daria Karpova and Svetlana Panova
DOI: https://doi.org/10.6000/1929-7092.2018.07.58

The Research on Stability of the Russian Banking System by Machine Learning Methods - Pages 618-625
Oleg A. Bayuk, Dmitry V. Berzin and Bogdan A. Timov
DOI: https://doi.org/10.6000/1929-7092.2018.07.57

World Market of Credit Derivatives: Problems of Development and Regulation - Pages 608-617
O.A. Gorbunova, O.V. Ignatova and O.Yu. Tereshina
DOI: https://doi.org/10.6000/1929-7092.2018.07.56

Mortgage Lending to Individuals in Russia during the Financial Crisis - Pages 593-607
L.S. Alexandrova, O.V. Zakharova and S.S. Matveevskii
DOI: https://doi.org/10.6000/1929-7092.2018.07.55

Optimal Carry Trade Strategy Based on Currencies of Energy and Developed Economies - Pages 582-592
Alexey Mikhaylov, Natalia Sokolinskaya and Anthony Nyangarika
DOI: https://doi.org/10.6000/1929-7092.2018.07.54

Evaluation of Cultural Impact on Regional Economic Development in Russia - Pages 572-581
Inna V. Lukashenko and Elena A. Fedorova
DOI: https://doi.org/10.6000/1929-7092.2018.07.53

The Concept of Fair Pricing in the Regulation Framework of the Russian Securities Market - Pages 562-571
E.V. Semenkova, L.N. Andrianova and K.V. Krinichansky
DOI: https://doi.org/10.6000/1929-7092.2018.07.52

Central Bank Policy and Cryptocurrencies - Pages 549-561
Svetlana Krivoruchko, Vladislav Ponamorenko and Anatoly Nebera
DOI: https://doi.org/10.6000/1929-7092.2018.07.51

Corporate Lending in Overdraft Mode: Determination of Limit and Criteria for Economic Justification - Pages 538-548
Elena P. Shatalova
DOI: https://doi.org/10.6000/1929-7092.2018.07.50

The Capital Requirements (Basel III) and the Banking Sector Business Activity - Pages 527-537
I.V. Larionova, E.I. Meshkova and S.V. Zubkova
DOI: https://doi.org/10.6000/1929-7092.2018.07.49

Determinants of Excess Liquidity in the Nigerian Banking System - Pages 516-526
Ujunwa Augustine, Okoyeuzu Chinwe and Wilfred I. Ukpere
DOI: https://doi.org/10.6000/1929-7092.2018.07.48

Adoption of Blockchain Technology in Trade Finance Process - Pages 510-515
A.V. Bogucharskov, I.E. Pokamestov, K.R. Adamova and Zh.N. Tropina
DOI: https://doi.org/10.6000/1929-7092.2018.07.47

The Digitalization of the Russian Financial Market: The Use of Technologies of the Distributed Ledger by the Institutions of Custodian Infrastructure - Pages 497-509
K.R. Adamova and I.E. Pokamestov
DOI: https://doi.org/10.6000/1929-7092.2018.07.46

Unbalanced Liquidity Management Evaluation of the Russian Banking Sector - Pages 487-496
Nina Morozko, Natalia Morozko and Valentina Didenko
DOI: https://doi.org/10.6000/1929-7092.2018.07.45

А Quantitative Assessment of the Impact of Credit on Economic Growth in Russia - Pages 478-486
Byvshev Victor and Brovkina Natalya
DOI: https://doi.org/10.6000/1929-7092.2018.07.44

The Main Directions of the Bank of Russia’s Activity in the System of Integrated Financial Regulation - Pages 471-477
I.E. Shaker and N.S. Shaker
DOI: https://doi.org/10.6000/1929-7092.2018.07.43

Can the World Monetary System be Saved from Collapse by Monetary Gold - Pages 464-470
I.E. Shaker and N.S. Shaker
DOI: https://doi.org/10.6000/1929-7092.2018.07.42

Functional Improvement of Non-State Pension Funds as Mechanism of Investment in Russian Economy - Pages 457-463
Irina A. Guseva, Elena I. Kulikova, Nikolay M. Rebelsky and Lidia S. Arkhipova
DOI: https://doi.org/10.6000/1929-7092.2018.07.41

Inflation and Consumer Basket - Pages 453-456
Vladimir A. Popov
DOI: https://doi.org/10.6000/1929-7092.2018.07.40

Kinematical Model of Currency Dynamics - Pages 450-452
Boris Boyarshinov and Nina Yuzhakova
DOI: https://doi.org/10.6000/1929-7092.2018.07.39

The Estimation of Losses of the Russian Economy from Population Migration to Developed Countries in 2000–2017 - Pages 442-449
Vladimir V. Maslennikov, Aleksandr S. Linnikov and Oleg V. Maslennikov
DOI: https://doi.org/10.6000/1929-7092.2018.07.38

The Influence of the Credit Policy of Commercial Banks on the Modernization of the Russian Economy Structure - Pages 433-441
Ternovskaya Helena and Lavrishko Alexander
DOI: https://doi.org/10.6000/1929-7092.2018.07.37

Impact of Bank Cards Transactions on Banking Fee Income Growth in Russia - Pages 426-432
Olga M. Markova, Olga S. Rudakova and Nadezhda N. Martinenko
DOI: https://doi.org/10.6000/1929-7092.2018.07.36

Factor Analysis of the Russian Stock Market - Pages 417-425
Boris Rubtsov and Natalya Annenskaya
DOI: https://doi.org/10.6000/1929-7092.2018.07.35

Banks as the Actors of a Modern Monetary Policy in Russia: Effects of Exposure on the Econom - Pages 406-416
Abramova Marina, Dubova Svetlana and Maslennikov Vladimir
DOI: https://doi.org/10.6000/1929-7092.2018.07.34

Components of Financial Stability of Credit Institutions: A New Perspective and New Horizons - Pages 391-405
Davydov Vyacheslav Anatolievich, Lavrushin Oleg Ivanovich, Sokolinskaya Natalia Evaldovna, Khalilova Milyausha Khamitovna
DOI: https://doi.org/10.6000/1929-7092.2018.07.33

Fintech Ecosystem and Landscape in Russia - Pages 377-390
Vladimir I. Soloviev
DOI: https://doi.org/10.6000/1929-7092.2018.07.32

The Impact of the Central Bank Key Rate and Commercial Banks Credit Rates on Creating and Maintaining of a Favorable Investment Climate in the Country - Pages 360-376
Peter Brusov, Tatiana Filatova, Natali Orekhova, Veniamin Kulik, Irwin Weil and Andrey Brailov
DOI: https://doi.org/10.6000/1929-7092.2018.07.31

Governance, Income Inequality, and Happiness
Evaluation Indicators and Development Strategies of Agricultural Revitalization for Rural Rejuvenation - Pages 269-279
Biing-Wen Huang and Yu-Chen Yang
DOI: https://doi.org/10.6000/1929-7092.2018.07.24

The Effects of Leisure Agricultural Experience Activities on Satisfaction: Empirical Evidence from Different Tourist Styles in Taiwan - Pages 260-268
Biing-Wen Huang and Yu-Chen Yang
DOI: https://doi.org/10.6000/1929-7092.2018.07.23

The Impacts of Working Conditions and Employee Competences of Fresh Graduates on Job Expertise, Salary and Job Satisfaction - Pages 246-259
Jui-Min Hsiao and Da-Sen Lin
DOI: https://doi.org/10.6000/1929-7092.2018.07.22

Can Stronger Family Connections Alleviate the Adverse Effects of Unemployment on Happiness? Evidence from Asian Countries - Pages 225-245
Li-Hsuan Huang
DOI: https://doi.org/10.6000/1929-7092.2018.07.21

The Impact of Governance on Income Inequality in Ten Asian Countries - Pages 217-224
Chiung-Ju Huang and Yuan-Hong Ho
DOI: https://doi.org/10.6000/1929-7092.2018.07.20

Recent Development Of Capital Structure Theory And Its Applications
EDITORIAL - Pages i-v
Peter Brusov

Inflation and Cash - Pages 152-156
Vladimir A. Popov
DOI: https://doi.org/10.6000/1929-7092.2018.07.13

Optimization of the Formation of the Capital Structure of the Insurance Company, Taking into Account the National Specifics of Insurance - Pages 146-151
Irina V. Sukhorukova and Natalia A. Chistiakova
DOI: https://doi.org/10.6000/1929-7092.2018.07.12

The Impact of Cash Flows and Weighted Average Cost of Capital to Enterprise Value in the Oil and Gas Sector - Pages 138-145
Zhukov Pavel
DOI: https://doi.org/10.6000/1929-7092.2018.07.11

Analysis of the Telecommunication Companies’ Capital and its Structure Optimization - Pages 129-137
Filonova Elena Sergeevna
DOI: https://doi.org/10.6000/1929-7092.2018.07.10

BFO Theory Principles and New Opportunities for Company Value and Risk Management - Pages 123-128
Sergey V. Laptev
DOI: https://doi.org/10.6000/1929-7092.2018.07.09

New Meaningful Effects in Modern Capital Structure Theory - Pages 104-122
Peter Brusov, Tatiana Filatova, Natali Orekhova, Veniamin Kulik and Irwin Weil
DOI: https://doi.org/10.6000/1929-7092.2018.07.08

A "Golden Age" of the Companies: Conditions of Its Existence - Pages 88-103
P.N. Brusov, T.V. Filatova, N.P. Orekhova and V.L. Kulik
DOI: https://doi.org/10.6000/1929-7092.2018.07.07

Rating Methodology: New Look and New Horizons - Pages 63-87
P.N. Brusov, T.V. Filatova, N.P. Orekhova and V.L. Kulik
DOI: https://doi.org/10.6000/1929-7092.2018.07.06

Rating: New Approach - Pages 37-62
P.N. Brusov, T.V. Filatova, N.P. Orekhova and V.L. Kulik
DOI: https://doi.org/10.6000/1929-7092.2018.07.05