E-Journal

Nunnally, J. C., & Bernstein, I. H. (1994); Psychometric theory (3rd ed.). New York: McGraw- Hill.

Articles :

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Acemoglu, D., S. Johnson and J.A. Robinson (2001), ‘ The Colonial Origins of Comparative Development: An Empirical Investigation ’, American Economic Review, 91 (5): 1369–1401 .

Acerbi C. (2002), ‘ Spectral Measures of Risk: A Coherent Representation of Subjective Risk Aversion ’, Journal of Banking & Finance, 26: 1505–18

Acerbi C. and D. Tasche (2001), ‘ On the Coherence of Expected Shortfall ’, Journal of Banking & Finance, 26(7): 1487–1503 .

Acerbi C. and D. Tasche (2002), ‘ Expected Shortfall, A Natural Coherent Alternative to Value at Risk ’, Economics Notes, 31(2): 1–10 .

Acerbi C., C. Nordio and C. Sirtori (2001), ‘Expected Shortfall as a Tool for Financial Risk Management’, Working Paper, Italian Association for Financial Risk Management .

ADB (2006) Central Asia: Increasing gains from trade through regional cooperation in trade policy, transport, and customs transit (Manila: Asian Development Bank).

Admati, A. R. and P. Pfleiderer: 2000, ‘Forcing Firms to Talk: Financial Disclosure and Externalities’, Review of Financial Studies 13, 479–520.

African Development Bank and Organisation for Economic Cooperation and Development, 2009, African Economic Outlook, (AfDB, OECD: Paris, Tunis), May.

Akinboade, O.A., and Lalthapersad Pillay, L., 2005, “South Africa and the New Partnership for Africa’s Development: Economic Spin-offs and Linkages,” South African Journal of Economics, Vol. 73 No. 2 (June), pp. 243–268.

Albert, M.: 1991, Capitalisme Contre Capitalisme (Seuil,Paris).American Law Institute: 1982, 1990, Principles of Corporate Governance and Structure: Analysis and Recommendations,Tentative Drafts, No. 1–10.

Alexander C. (2001), Market Model, John Wiley & Sons Ltd, New York .

Alexander, C. (2001), Market Models. New York: John Wiley and Sons Ltd .

Alexandru Manus ,International Management – Managing Across Borders and Cultures

Allaudeen Hameed and Kalok Chan ,Stock Price Synchronicity and Analyst Coverage in Emerging Markets

Ana Paula SerraCountry and industry factors in returns: evidence from Emerging Markets' stocks
Emerging Markets Review, 1 (2000) 127-151

Ananth Rao ,Analysis of volatility persistence in Middle East emerging equity markets

Andrew Brady Spalding ,Unwitting Sanctions: Understanding Anti-Bribery Legislation as Economic Sanctions against Emerging Markets

Andrew Vonnegut Real option theories and investment in emerging economies Emerging Markets Review, 1 (2000) 82-100

Angelo M. Venardo ,Current Issues in Islamic Banking and Finance: Resilience and Stability in the Present System

Antonio Afonso , Ludger Schuknecht and Vito Tanzi,Public Sector Efficiency: Evidence for New EU Member States and Emerging Markets

Antoniou, A., G. Koutmos and A. Pericili (2005), ‘ Index Futures and Positive Feedback Trading: Evidence from Major Stock Exchanges ’, Journal of Empirical Finance, 12 (2): 219–38 .

Antoniou, A., P. Holmes and R. Priestley (1988), ‘ The Effects of Stock Index Futures Trading on Stock Index Volatility: An Analysis of the Asymmetric Response of Volatility to News ’, The Journal of Futures Markets, 18 (2): 151–66 .

Aoki, M. and H. Kim. 1995, ‘Corporate Governance in Transitional Economies: Insider control and the Role of Banks. (EDI Development Studies, The World Bank, Washington DC).Corporate Governance and Institutional Transparency 171

Aoki, M. and H. Kim: 1995, ‘Corporate Governance in Transition Economies’, Finance and Development

Arestis, P. and P. Demetriades (1997), ‘ Financial Development and Economic Growth: Assessing the Evidence ’, Economic Journal, 107 (442): 783–99 .

Arora, V., and Jeanne, O., 2001, “Economic Integration and the Exchange Rate Regime: Some Lessons from Canada,” IMF Policy Discussion Paper No. PDP 01/01.

Arora, V., and Vamvakidis, A., 2005a, “The Implications of South African Economic Growth for the Rest of Africa,” South African Journal of Economics, Vol. 73 No. 2 (June), pp. 229–242.

Artzner P., F. Delbaen, J-M. Eber and D. Heath (1997), ‘ Thinking Coherently ’, Risk Journal, 10(11): 68–71 .

Artzner P., F. Delbaen, J-M. Eber and D. Heath (1999), ‘ Coherent Measures of Risk ’, Mathematical Finance, 9(3): 203–28 .

Arun Kumar Misra, Jitendra Mahakud,

Avramov, D., T. Chordia and A. Goyal (2006), ‘ The Impact of Trades on Daily Volatility ’, Review of Financial Studies, 19 (4): 1241–277 .

Backus, D. and A. Gregory (1993), ‘ Theoretical Relations between Risk Premiums and Conditional Variances ’, Journal of Business and Economic Statistics, 11 (2): 177–85 .

Barbone, L. and L. Forni (1997), ‘ Are Markets Learning? Behaviour in the Secondary Market for Brady Bonds ’, World Bank Working Paper 1734, Washington DC.

Barro, R., and Sala-ì-Martin, X., 1995, Economic Growth (New York: McGraw Hill).

Basel Committee, (1996), ‘Amendments to the Capital Accord to Incorporate Market Risk’, Bank of International Settlement.

Baums, T.: 1992, ‘Corporate Governance in Germany:The Role of the Banks’, American Journal of Comparative Law 40, 503–527.

Beck, T. (2003), ‘Financial Development and International Trade. Is there a Link?’, The Work Bank Group Working Paper, No. 2608.

Beck, T., A. Demirguc–Kunt and R. Levine (2003a), ‘ Law, Endowment and Finance ’, Journal of Financial Economics, 70 (2): 137–81 .

Beck, T., A. Demirguc–Kunt and R. Levine (2003b), ‘A New Database on Financial Development and Structure’, The World Bank Group Working Paper, No. 2784.

Bekaert, G. and G. Wu (2000), ‘ Asymmetric Volatility and Risk in Equity Markets ’, The Review of Financial Studies, 13 (1): 1–42 .

Bekaert, G., B. Erb, C.R. Harvey and T. Viskanta (1996), ‘The Behaviour of Emerging Markets Returns’, in Edward Altman, Richard Levich and Jianping Mei (eds), The Future of Emerging Markets Capital Flows. Chicago: Glenlake .

Bekaert, G., B. Erb, C.R. Harvey and T. Viskanta (1997), ‘The Cross-sectional Determinants of Emerging Equity Returns’, in Peter Carman (ed.), Quantitative Investing for the Global Markets, Chicago: Glenlake , pp. 221–69.

Bernard Black The corporate governance behavior and market value of Russian firms Emerging Markets Review, 2 (2001) 89-108

Bernardo Bortolotti, Marcella Fantini and Domenico Siniscalco Privatisation: politics, institutions, and financial markets Emerging Markets Review, 2 (2001) 109-137

Bhattacharya, S. and G. Chiesa: 1995, ‘Proprietary Information,Financial Intermediaries, and Research

Black, B. and R. Kraakman: 1996, ‘A Self–Dealing Model of Corporate Law’, Harvard Law Review 109,

Black, B.: 1998, ‘Information Asymmetry, the Internet,and Securities Offerings’, Journal of Small and Emerging Business Law 2, 91–99.

Black, B.: 2001, ‘The Legal and Institutional Preconditions for Strong Stock Market’, UCLA Law Review 48,781–858.

Black, F. (1976), ‘ Studies of Stock, Price Volatility Changes ’, Proceedings of the 1976 Meetings of the Business and Economics Statistics Section, American Statistical Association, 177–81 .

Bloom, D. E., and Sachs, J. D., 1998, “Geography, Demography, and Economic Growth in Africa,” Brookings Papers on Economic Activity, Issue. 2, Brookings Institution, pp. 207-73.

Bollerslev, T. (1986), ‘ Generalized Autoregressive Conditional Heteroskedasticity ’, Journal of Econometrics, 31 (3): 307–27 .

Bollerslev, T. and H. Zhou (2006), ‘ Volatility Puzzles: A Unified Framework for Gauging Return-volatility Regressions ’, Journal of Econometrics, 131(1–2): 123–50 .

Bollerslev, T. and M. Melvin (1994), ‘ Bid-ask Spreads and Volatility on the Foreign Exchange Market ’, Journal of International Economics, 36(3–4): 355–72

Boot, A., W. A. and V. Thakor: 2001, ‘The Many Faces of Information Disclosure’, Review of Financial Studies 14, 1021–1058.

Borio, C. (2000), ‘ Market Liquidity and Stress: Selected Issues and Policy Implications ’, BIS Quarterly Review, (November): 38–51 .

Bowman, E. H. and M. Useem: 1995, ‘The Anomalies of Corporate Governance’, in E. H. Bowman and B. M.Kogut (eds.), Redesigning the Firm, (Oxford University Press, NY).

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Bris, A., W. Goetzmann and N. Zhu (2004), ‘Short-sales in Global Perspective’, in F. Fabozzi (ed.), Short-Selling: Strategies, Risks and Reward, pp. 323–344. New York: Wiley Publishing .

Brooks, R., R. Faff, M. McKenzie and H. Mitchell (2000), ‘ A Multi-country Study of Power ARCH Models and National Stock Market Returns ’, Journal of International Money and Finance, 19 (3): 377–97 .

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Bruce Hearn , Roger Strange and Jenifer Piesse , Size and Liquidity Effects in Australasian and South East Asian Equity Markets

Burgess, R., 2009, The Southern African Development Community’s Macroeconomic Convergence Program: Initial Performance, IMF Staff Position Note No. 2009/14 (Washington: International Monetary Fund).

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Calvo, G.A. (1999), ‘Contagion in Emerging Markets: When Wall Street is a Carrier’, University of Maryland (mimeo) .

Calvo, G.A. and E. Mendoza (2000), ‘ Rational Contagion and the Globalisation of Securities Markets ’, Journal of International Economics, 51 (1): 79–113 .

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Cantor, R. and F. Packer (1996), ‘ Determinants and Impact of Sovereign Credit Ratings ’, Federal Reserve Bank of NewYork Economic Policy Review.

CAREC (2007): ‘CAREC Transport and Trade Facilitation Strategy’, Sixth Ministerial Conference on Central Asia Regional Economic Cooperation, November 2-3, 2007, Dushanbe, Tajikistan - available at http://www.adb.org/Documents/ Events/2007/6th-Ministerial-Conference-CAREC/ Transport-Trade-Strategy.pdf

Carlin, W. and C. Mayer: 1999, ‘How do Financial Systems Affect Economic Performance?, OFRC

Caspar G. M. de Groot and Willem F. C. Verschoor Further evidence on Asian stock return behavior Emerging Markets Review, 3 (2002) 179-193

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Choi, C. J., S. H. Lee and J. B. Kim: 1996, Collaborating Across Business Systems. British Academy of Management, (Kynoch, Birmingham).

Chris Bilson , Timothy J. Brailsford and Vincent J. Hooper ,The Explanatory Power of Political Risk in Emerging Markets

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Christopher B. Barry, Elizabeth Goldreyer, Larry Lockwood and Mauricio Rodriguez Robustness of size and value effects in emerging equity markets, 1985-2000 Emerging Markets Review, 3 (2002) 1-30

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Claessens, Stijin, Susmita Dasgupta and Jack Glen (1995), ‘ Return behaviour in emerging Stock Market ’, The World Bank Economic Review, 9(1): 131–51 .

Claire A. Hill , Whole Business Securitization in Emerging Markets

Claire G. Gilmore and Ginette M. McManus International portfolio diversification: US and Central European equity markets Emerging Markets Review, 3 (2002) 69-83

Clarke, J. and K. Shastri (2001), ‘On Information Asymmetry Metrics’ University of Pittsburgh (mimeo) .

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Coffee, J. C.: 1999, ‘The Future as History: The Prospects for Global Convergence in Corporate Governance and its Implications’, Northwester University Law Review 93, 641–707.

Corporate Governance in Central and Eastern Europe: Transition management is a tough job. Two papers. Amsterdam, 1998. ISBN 90-5143-027-2.

David T. Llewellyn, The New Economics of Banking. Amsterdam, 1999. ISBN 90-5143-028-0.

Debora Revoltella, Financing Firms in East European Countries: an asymmetric information and agency costs approach.

Deepak Jadhav, T.V. Ramanathan, and U.V. Naik-Nimbalkar Modified Estimators of the Expected Shortfall Journal of Emerging Market Finance 2009 8: 87-107.

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Duke Journal of Comparative and International Law, Vol. 12, No. 2, 2002

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E. Han Kim and Vijay Singal The fear of globalizing capital markets Emerging Markets Review, 1 (2000) 183-198

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Eduardo Fernandez-Arias and Ricardo Hausmann Is foreign direct investment a safer form of financing? Emerging Markets Review, 2 (2001) 34-49

Eduardo R. Borensztein and R. Gaston Gelos Leaders and followers: emerging market fund behavior during tranquil and turbulent times Emerging Markets Review, 4 (2003) 25-38

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Elna Pretorius Economic determinants of emerging stock market interdependence Emerging Markets Review, 3 (2002) 84-105

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Emerging Markets Review, 3 (2002) 107-133

Emerging trends in financial markets integration: the Indian experience

Engle, R. (2004), ‘ Risk and Volatility: Econometric Models and Financial Practice ’, American Economic Review, 94 (3): 405–20 .

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Examination of Germany, Japan, and the United States’, Stanford Law Review 48, 73–112.

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Federico Bonaglia, Andrea Goldstein ,Egypt and the investment development path: Insights from two case studies

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G.M.M. George Gelauff and C. den Broeder, Governance of stakeholders relationships.The German and Dutch experience. Amsterdam, 1997. ISBN 90-5143-024-8.

Gaffing Qin , Liquidity and Commonality in Emerging Markets

Geert Bekaert and Campbell R. Harvey,Research in Emerging Markets Finance: Looking to the Future

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James Kurt Dew,The Relationship Between High Return Correlations, Portfolio Risk Management and Market Issuance in Six Emerging Markets

Jamie Anderson, Developing a route to market strategy for mobile communications in rural India: An interview with Gurdeep Singh, Operations Director, Uttar Pradesh, Hutch India

Jan Toporowski and Giovanni Cozzi , The Balance Sheet Approach to Financial Crises in Emerging Markets

Janet Kong and Manmohan Singh ,Insurance Companies in Emerging Markets

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John Calverley, Sarah Hewin and Kevin Grice, Emerging Stock Markets after the Crisis. Amsterdam, 2000. ISBN 90-5143-029-9.

Jones, C., G. Kaul and M. Lipson (1994), ‘ Transactions, Volume and Volatility ’, Review of Financial studies, 7 (4): 631–51 .

Jorge A. Chan-Lau , Arnaud Jobert and Qingying Janet Kong ,An Option-Based Approach to Bank Vulnerabilities in Emerging Markets

Jose Renato Haas Ornelas and Barbara Alemanni, Herding Behaviour by Equity Foreign Investors on Emerging Markets

Joseph Bisignano, Towards an Understanding of the Changing Structure of Financial Intermediation: An Evolutionary Theory of Institutional Survival. Amsterdam, 1998.ISBN 90-5143-026-4.

Joshua Abor, Emmanuel Sarpong-Kumankoma, Eme Fiawoyife, Kofi A. Osei ,Risk exposure and financial policy: An empirical analysis of Emerging Markets

Joshua Aizenman and Andrew Powell ,Volatility and Financial Intermediation

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Journal of Political Economy 93, 1155–1177.

Jung-Wan Lee, Simon Tai , Young consumers' perceptions of multinational firms and their acculturation channels towards western products in transition economies

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