A firm can finance investment either by borrowing or by drawing on cash balances, so that financial asset and liability changes tend to have opposite signs. In contrast, financial intermediaries borrow in order to lend, so that financial asset and liability changes have the same sign. Large non-financial firms in China and India behave like intermediaries rather than textbook non-financial firm...

Digital M&A, known as digital merger and acquisition, is a vital tool for companies to achieve transformation play an essential role in sustainable development. Corporate M&A inseparable from financial support. Therefore, based on the data of Chinese A-share listed 2011–2020, this paper systematically analyzes impact effect finance corporate combination with Peking University Inclusive ...

capital market is one of the most important sectors of every economy. economic growth can lead to capital market boom and development, on the other hand, achieving desired economic growth and development is impossible without efficient financial institution and suitable funding resources. in this study the relationship between financial development and economic growth in opec countries and non-...

development of financial markets as an important factor in the economic growth process always has been of interest to economists. the purpose of this paper is to study the relationship between regional financial development and economic growth. this study uses provincial annual data over the period 2000-2011 by using panel data technique. the panel co integration techniques have been used to te...

The literature on Foreign Direct Investment (FDI) has advanced several explanations of the links between financial market developments and FDI inflows across developing as well as developed countries. Empirical literature show that financial market development reduces informational frictions and improves resource allocation more efficiently. Also, financial systems are important for both produc...

Essay 1:Financial Intermediation, Trust, and Asset Values In thin financial markets where intermediation is necessary to facilitate exchange, the intermediary may have an informational advantage in addition to his cost advantage for acquiring the security. If all information is eventually revealed, the intermediary may have an incentive to truthfully reveal the value of the security to a custom...

Clusters are important features of regional development (Porter, 2000). Within clusters there can exist intermediary organizations such as cluster initiatives (CIs), which are the focus in this paper. These mission and activities of cluster initiatives characterize them as “middlehands” organizations which perform intermediary roles as brokers, facilitators, promoters, and providers of meeting ...