Business Commons^™

The Alchemy Of Diversification: A Deep Dive Into The Stock-Bond Correlation, Evan Coffey

Business and Economics Honors Papers

This research delves into the intricate dynamics of the stock-bond correlation, seeking to reveal the underlying factors that drive its fluctuations. Through a comprehensive analysis of empirical data, it investigates the diverse array of influences that contribute to the variability in the relationship between stock and bond returns. Factors such as inflation, unemployment, market volatility, FED policy, and market growth are scrutinized for their impact on altering the correlation pattern. Additionally, the research explores the implications of the stock-bond correlation on portfolio diversification. By explaining the multifaceted nature of the correlation, this study provides valuable insights for investors, policymakers, and …

Capturing Value In Emerging Markets: A Real Options Perspective On Resilience And Risk, Alexander Castillo

CMC Senior Theses

This paper examines the evaluation of investment opportunities in emerging markets (EMs) through real options analysis, against the backdrop of their unique risk profiles and the recent trend of EMs exhibiting resilience in economic performance. While EMs are associated with high growth rates and infrastructure gaps, they have shown adaptability, particularly in monetary policy responses to inflation. This paper explores the sensitivity of net present value (NPV) and real options (RO) to changes in the capital asset pricing model, adapting the yield spread to capture default risk and local risk-free rates. Utilizing oil benchmark price data, the paper constructs a …

Information, Communication, And Technology In Developing Countries: The Impediment To Nigeria Economic Growth, Fatima Ali Muhammed

Dissertations and Theses

Technological revolution has shifted the world to a post-industrial society as information communication and technology (ICT) govern the centrality of human interaction. ICT has become widely influential at all levels of life, especially socially and economically.

In the 21st century, innovative technologies have become a crucial element of accelerating all factors of production to deliver rapid and effective results in every sector of the economy. The Internet, as a component of ICT, has become the global computing network that facilitates the access, analysis and dissemination of infinite information rapidly using advanced technology.

Policy makers, researchers, business leaders, academics are all …

The Impact Of The Capital Market, The Insurance Sector And The Mortgage Finance Sector On Economic Growth In Egypt, 2005-2019, Hana Anis

Theses and Dissertations

This thesis aims to explore the relationship between financial markets and economic growth in Egypt for the 15 years period, starting from 2005 to 2019. The study concentrates on the non-banking financial sector which includes the stock market, the debt market, the mortgage and the insurance sectors. The Vector Autoregressive (VAR) model is utilized to describe the relationship between GDP growth rate, as a proxy for economic growth, and a number of variables from the financial sector. Results of the analysis show that there is a significant relationship and statistical causality between the growth rate and the debt market, represented …

Exchange Rate Regimes And Economic Growth, Amandarae Matthew

Undergraduate Theses

This paper explores the relationship between economic growth and exchange rate regimes among countries of lower income, lower middle income, upper middle income, and high-income countries. Countries must make careful consideration when choosing an exchange rate regime because each regime can have different long-term effects. A cross section pooled time series data will be used for a sample of 42 countries over the period of 2000-2018. Multiple models will examine the various relationships between types of exchange rate regimes, changes in exchange rate regimes, and economic growth. The components of the models being tested include political stability, change in terms …

Plan De Internacionalización Para La Empresa De Joyería Eurojoyas, Laura Camila Castañeda Liévano, Jennifer Daza Cantillo, Tatiana Martínez Téllez

Finanzas y Comercio Internacional

La propuesta de este proyecto es formular un plan de internacionalización para una pequeña empresa perteneciente al sector de joyería en Colombia, denominada Eurojoyas, la cual hace 17 años se dedica a la producción y comercialización nacional de joyas y bisutería en oro. Dicho plan se realiza con el fin de investigar nuevos mercados y formular una estrategia de expansión, que contenga una correcta planificación para incursionar en la comercialización internacional de joyería colombiana. Para la planificación del plan de internacionalización se establecieron algunos lineamientos que responden a la necesidad de la empresa en su deseo de incursionar en el …

Perspectivas Sobre La Incidencia Medioambiental Generadas Por La Política Minera En Colombia En El Periodo 2002 – 2018(I), Angie Alejandra Vargas Pérez, Leidy Marcela González Prieto, Luisa Yineth Tovar Trujillo

Finanzas y Comercio Internacional

En la presente investigación se busca determinar las consecuencias medioambientales que ha generado la política minera en Colombia. Se parte de grandes problemáticas como la informalidad, la inseguridad jurídica, el incorrecto manejo de los residuos, los beneficios fiscales y la inconsciencia que residen en torno a la política minera sobre la situación medioambiental en Colombia. Para ello se plantea el caracterizar la política minera, examinar la situación medioambiental y así establecer una relación entre ellas. A su vez se realiza una revisión de los diferentes componentes claves por medio de una metodología cualitativa. El método establecido fue la teoría fundamentada, …

The Relationship Between Defense Expenditures And Economic Growth: A Granger Causality Approach, Colin Manchester

Business/Business Administration

This paper examines the relationship between defense spending and economic growth in the United States of America between 1947 and 2016. Using quarterly data from the Federal Reserve of St. Louis Economic Data and the Granger Causality methodology, this study examines the potential two-way causality between defense spending and economic growth. The results suggest that over the longer time span of 6-7 years, Granger Causality was not seen between defense spending and economic growth. However, while analyzing incremental periods in smaller sections, there were differing findings about the nature of causality.

Empowering Women For Economic Growth: A Measurement Of Social And Demographic Impacts On Afghan Women In Business, Tracy Taylor

MPA/MPP/MPFM Capstone Projects

Non-governmental organizations working in conflict-prone, resource-deprived developing countries face a very unique set of challenges. Like with other non-profits, program dollars and other resources must be allocated carefully and thoughtfully so the maximum output is achieved with the inputs allotted. Unlike other non-profits, however, the political, social, and economic environment is constantly changing in developing countries like Afghanistan. Basic human needs are not being met, leaving the path to NGO program success fraught with seemingly impossible challenges. This is the case for Peace Through Business, a training and development program serving women entrepreneurs in Kabul, Afghanistan.

Peace Through Business seeks …

Corruption And Economic Growth In China: An Emirical Analysis, Nicholas D'Amico

Senior Honors Projects

This paper will begin with a review of the relevant literature on corruption and its effect on economic growth, both in general and in China specifically. The following sections will discuss the state of corruption in China and outline China’s historic economic growth since it opened up to the global economy. Next, the methodologies of the empirical study of this paper and a model for measuring the effects of corruption on economic growth will be presented. Finally, the results of this study will be analyzed, followed by a discussion of policy implications as China moves forward in the 21^{st …}

Responsabilidad Social Empresarial En El Sector Autopartes Desde La Perspectiva De Los Empleados, Hugo Armando Poveda Varela

Contaduría Pública

Este artículo de trata el tema de la Responsabilidad Social Empresarial en la ciudad de Bogotá DC en las pequeñas y medianas empresas del sector de la comercialización de autopartes; en específico, realice un análisis de su significado, aplicación y medición desde la perspectiva del empleado. Puesto que es deber de quienes investigan y ejecutan de RSE conocer y evaluar la posición de los stakeholders involucrados en acciones, recoge la percepción de los empleados participantes en las diferentes actividades de RSE. El artículo expone conceptos realizados por autores expertos en el tema, observa la evolución de las pyme del sector …

Innovation-Ict-Cybersecurity: The Triad Relationship And Its Impact On Growth Competitiveness, Manal M. Yunis

Theses and Dissertations - UTB/UTPA

This study examines the global growth competitiveness of countries using the dynamics of growth, ICT, and innovation. It also introduces a new dynamic, cybersecurity, and argues that within a growth competitiveness framework, ICT, innovation, and cybersecurity mechanisms allow some countries to achieve higher ranks on the competitiveness ladder than others. Based on a theoretical framework that encompasses the economic growth model, the complementarity theory, and the international law theory, a model that integrates ICT, innovation, and cybersecurity, depicts the relationships amongst them and with growth competitiveness, and incorporates complementary factors with possible moderating effect is presented. The model proposed relationships …

Allowing For Low-Cost Labor In Underdeveloped And Developing Countries As A Method For Initiating Economic Industrialization, Jordon A. Wolfram

Selected Honors Theses

The topic presented here closely examines the link between low-cost labor and the affect that it has on initiating industrialization in underdeveloped and developed countries. It can ultimately create a better standard of living for a country’s general population in the future, but the initial conditions for the laborers can be harsh. The low wage labor force achieves this goal by creating a competitive labor market which has the ability to stimulate economic growth. Once the initial steps of creating manufacturing and industry are achieved, then the general standard of living has robust potential to increase in the country as …

The Impact Of Financial And Trade Openness On Economic Growth And Stock Returns: The Case Of Africa, Tibebe Abebe Assefa

Theses and Dissertations - UTB/UTPA

The debate on whether financial development and stock market help growth is ongoing. In the context of Africa where there exists a strong need and potential for growth, it is important to revisit the topic in order to address the problem of economic underdevelopment. In this dissertation, we focus on seventeen African countries with two main objectives: First, to investigate the relationship between financial and trade openness, and economic growth. Second, we investigate the association of African real stock index returns with financial and trade openness. For all analysis, we use Fixed Effect Models (FEM) and System Generalized Method of …

Two Essays On Financial Sector Performance In Latin America, Omar M. Al Nassar

Theses and Dissertations - UTB/UTPA

This dissertation consists of two essays on financial sector performance in Latin America. These two essays complement each other so that, when placed together, they are expected to provide policymakers with guidelines on how to design appropriate financial sector reform strategies in an attempt to promote long-term economic development, and thus to attract more foreign direct investment (FDI) inflows not only for Latin American countries, but also for developing countries in general.

Chapter one investigates the extent to which the short and the long-run relationship between financial development and economic growth exists in Latin America. It focuses on two major …

Impact Of The Investments In Information And Communication Technologies On Total Factor Productivity In The Context Of The Economies In Transition, Sergey Samoilenko

Theses and Dissertations

The goal of this research is to establish a link between investments in information and communication technology (ICT) and economic growth in the context of countries that are currently classified by the international community as transitional economies (TE). More specifically, in this study we focus on the relationship between ICT and one of the determinants of economic growth, total factor productivity (TFP). Neoclassical growth accounting and the theory of complementarity provide the theoretical framework on which we build this research. By combining the data obtained from two sources, the World Bank Database and the IT Yearbook, we were able to …

Redefining The U.S. Hispanic Market: Generation N And American Society, Cindy L. Pino

Seton Hall University Dissertations and Theses (ETDs)

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