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Modern Economy (ME) is an international journal dedicated to the latest advancements in all areas of international economics. The goal of this journal is to provide a platform for scientists and academicians all over the world to promote, share, and discuss various new issues and developments in different areas of mod…
Xiaole Li, Xuhui Shi
The IPO market can achieve financing function of the stock market after the IPO listed companies enter the securities market circulation. The IPO market and the secondary stock market complement each other and there is a strong relationship between them. In t…
Pietro Gottardo, Anna Maria Moisello
This paper studies the determinants of low and high leveraged financial structures analyzing a sample of 831 medium-large private firms, in the first and last quartile of the leverage distribution, using panel data and simultaneous equations procedures in the…
Huanxia Guo
Restructuring of state-owned enterprises (SOEs) introduces diversified investment to change the situation in which state-owned shares play a dominant role. However, this process is full of complexity. The key of restructuring is to follow the fundamental logi…
Qifan Zhong
Equities incentive is more and more frequently used for motivating management among Chinese listed companies, but whether it will degrade informativeness of stock price, thus reduce the efficiency of capital allocation in security market remains to be verifie…
Chang Liu, Jinshan Liu
Based on the previous studies, this paper applied the theoretical elaboration likelihood model to the in-depth analysis of psychological path of the investors when they made a final investment decision after browsing and screening relative information of awar…
Stefano Zedda
Over the past seven years, the financial system has undergone an unprecedented crisis, which has caused important changes in the structure and business models of banks. This paper explores the main changes in the structure of Italian banks’ assets in 2007-201…
Ying Tian
The large equipment leasing and management is mainly to control the device and use. The equipment leasing is a discrete control variable, but the disturbance input variable (equipment depreciation costs, maintenance costs, transportation costs, storage costs)…
Sabin Bikram Panta, Niranjan Phuyal, Rajesh Sharma, Gautam Vora
We study a sample of the companies listed on the Nepal Stock Exchange (NEPSE) for the predictors of the returns on these companies’ stocks. Using the sample period of December 2004 through July 2011, we study the sample of 134 companies out of a universe of 1…
Tao Wang
“Time series analysis” is one of the main tools to predict the value of economic variable with the appropriate model to describe the time variation of historical data. “Scenario planning” is a kind of special research method which is used to analyze the macro…
Dincer Dedeoglu, Caglar Yurtseven
In this paper, we aim to understand the determination of the optimum levels of occupational health and safety in a setting where firms have the outside option of working in the informal sector. We construct a theoretical model in which equilibrium labor cost…
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Modern Economy (ME) is an international journal dedicated to the latest advancements in all areas of international economics. The goal of this journal is to provide a platform for scientists and academicians all over the world to promote, share, and discuss various new issues and developments in different areas of mod… All articles are open access under a CC BY 4.0 licence, with authors retaining copyright.
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