The paper analyzes the effects of increasing capital market integration on production and market structures, trade and capital flows as well as national and global welfare. In order to facilitate the analysis of the integration process, three stages of capital market integration are defined. First, capital is internationally immobile, secondly, capital is partly mobile, and finally perfect capi...

in some of the new economic growth models, we pay attention to the effects of financial development on economic growth. this research investigates the relationship between capital market and economic growth in macro level during 1991-2011. the research is organized as follows: the introduction comes as the first section. in section ii, we review the literature on the relationship between econom...

This study investigates the relationship between market orientation, intellectual capital, and new product success, and integrates the internal and external views to examine the effects of market orientation and intellectual capital on new product success. Travel agencies within the Taiwan tourism industry were targeted. A questionnaire was mailed to 1000 agencies, yielding 182 valid survey ins...

This paper analyses the influence of the capital market on the labour market. Especially the impact of start-up financing on the structure of unemployment is of interest. We use a crosscountry panel data analysis to examine how venture capital investment influences disaggregate unemployment. As we expected, venture capital investment has different influences on sectoral-, educationaland occupat...

he increased prominence of trading activities at many large banking companies has highlighted bank exposure to market risk—the risk of loss from adverse movements in financial market rates and prices. Recognizing the importance of trading operations, banks have sought ways to measure and to manage the associated risks. At the same time, bank supervisors in the United States and abroad have take...

İslâmî sermaye piyasaları, hisse senedi veya sukûk gibi yatırım araçlarının ihraç edildiği piyasalardır. Bu vadesi bir yıldan fazladır. Dini hassasiyete sahip olan yatırımcılar uzun vadede birikimlerini değerlendirmek için bu araçlarından birine yönelirler. Yatırımcı, piyasası senetlerini türlerinden birisini satın almayı tercih eder. Tercihi doğrultusunda çeşitli finans kurumları devreye girer...

One of the most controversial aspects of globalization is capital-market liberalization—not so much the liberalization of rules governing foreign direct investment, but those affecting short-term capital flows, speculative hot capital that can come into and out of a country. In the 1980s and 1990s, the IMF and the US Treasury tried to push capital-market liberalization around the world, encount...