IRJFE Issue 27

IRJFE Issue 27

International Research Journal of Finance and Economics

Issue 27
May, 2009

New Evidences about Convergence Across States	7-18
Lau Chi-Keung, Marco

Does the Insiders' Share Collateralization Affect a Firm's Opportunistic Behaviour?	19-28
Xiang-Xi Tang, Yi-Pei Liu and Yu-Shu Cheng

Assessment of the Euro Zone According to the Criteria of the Theory of Optimum Currency Areas	29-39
Erdoğan Kotil, Fatih Konur and Kemal Çakıcı

Wealth Effects of U.S. Bidders, Takeovers and Method of Payment: Evidence from Israel	40-55
Wenjia Zhang

Alignment or Entrenchment: Which Inside Directors Matter? Evidence from Taiwan	56-71
Hsiu-I Ting and Yu-Lan Huang

Measuring Brazilian Central Bank Credibility Under Inflation Targeting	72-81
Bruno Freitas Nahon and Roberto Meurer

Interactions among NASDAQ and Main Asian Stock Indices Based on Factor Stochastic Volatility Models	82-90
Shian-Chang Huang

Trade Scheduling and Bid-Ask Spread Forecasting: Evidence from China	91-105
Nuttawat Visaltanachoti and Robin H. Luo

Threshold and Leverage Effects of Major Asian Stock Markets Based on Stochastic Volatility Models	106-116
Shian-Chang Huang

Inflation and Financial Development: Cointegration and Causality Analysis for the UEMOA Countries	117-123
Yaya Keho

Evaluation of Internal Control Systems: A Case Study from Uganda	124-144
Angella Amudo and Eno L. Inanga

An Empirical Analysis of Analyst Reaction to the Extent and Direction of Earnings Management	145-167
Ilanit Gavious

The Impact of Online Gaming Legislation Developments on Corporate Financial Performance: A Further Investigation	168-179
Feng-Shun Bin, Mark Puclik and Fang He

The Expectations Hypothesis of Term Structure of Interest Rates in Taiwan's Money Market	180-191
Yung-Shi Liau and Jack J. W. Yang

Forecasting Efficiency of Implied Volatility and the Intraday High-Low Price Range in Taiwan Stock Market	192-202
Chih-Hsing Hung, Shyh-Weir Tzang and David So-De Hsyu

Can Unemployment be Cured by Economic Growth and Foreign Direct Investment in TURKEY?	203-211
Ismail Aktar and Latif Ozturk