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JFRM publishes theoretical and applied papers in Financial Risk Management area. The JFRM is an international journal with the goal of advancing the knowledge and understanding of the practice of financial risk management through the publication of a high quality papers that are also relevant to practitioners. All man…
Cosmas Ogobuchi Odo, Ishmael Agbo, Benjamin Agbaji
The paper essentially interrogates the question as to whether globalization has promoted economic growth in Nigeria in line with the ambitious expectations of the promoters of the concept especially, the World Bank and the International Monetary Fund. The art…
Kafeel, Javed Ali, Maaz Ud Din, Abdul Waris, Muhammad Tahir, Sher Khan
This paper examines the impact of working capital management on firm’s profitability performance of manufacturing firms by using not only static models such as ordinary least square (OLS), fixed and random effects but also dynamic models difference generalize…
Yajie Yang, Yipin Zhu, Xia Zhao
In this paper, random matrix theory is employed to perform information selection and denoising, and mean-realized variance-CVaR multi-objective portfolio models before (after) denoising are constructed for high-frequency data. The empirical study is conducted…
Donghai Zhou, Yuanying Jiang
Under the cycle of increasing global uncertainty, China’s stock market is facing unprecedented challenges. This article explains the interaction mechanism between China’s economic policy uncertainty (EPU) and stock market prices, and uses monthly data from Ja…
Xi Nie, Guangming Deng
The construction of an enterprise financial warning model is very important for a listed company, and this paper uses the financial data of 2819 listed enterprises as a sample, uses the lasso method for model index screening and uses a variety of classical cl…
Ernst J. Fahling, Mario Ghiani, Diethard Simmert
This academic paper applied different models in order to analyse the performance of several small cap and large cap indices for the German-, European- and US-market since the financial crisis in 2008. Thus, the period under consideration amounts to approx. 12…
Michael Asiedu, Sabi Couscous Mouhamadou Nazirou, Soazafy Joyce Sabrina
In this study , we employed annual time series data of Ghana from 1982 to 2019 to examine the long-run money demand function and its stability. Through the methods of co-integration, Vector Error Correction Model, Auto-regressive Distributed Lag bounds test,…
Michael Asiedu, Pious Opoku, Anwar Mohsen AbdElghaffar, Patrick Bimpong, Frank Yeboah
This study employs annual time series data from 1982 to 2019 for sixteen (16) West Africa countries to investigate the stability of money demand in these countries and the feasibility of the proposed West African Monetary Zone. From a standard money demand fu…
Ernest Yeboah Boateng, Paul K. Yeboah, Isaac Christopher Otoo, Joseph Otoo, 1 1
The Vector Error Correction (VEC) model was used to assess the impact of monetary policy rate on commodity prices in Ghana. Monthly data on monetary policy rate, commodity prices of cocoa, gold and crude oil from January 2005 to December 2017 obtained from th…
Mukamwiza Berthilde, Claude Rusibana
This research analyzed the contribution of financial statements in investment decision making of banks in Rwanda taking the case of bank of Kigali. The study ascertained benefits of financial statements analysis; it analyzed obstacles of investment decisions…
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JFRM publishes theoretical and applied papers in Financial Risk Management area. The JFRM is an international journal with the goal of advancing the knowledge and understanding of the practice of financial risk management through the publication of a high quality papers that are also relevant to practitioners. All man… All articles are open access under a CC BY 4.0 licence, with authors retaining copyright.
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