Journal of Economics Finance and Administrative Science

Purpose This study aims to assess the effects of macro-level factors on forecasts of price volatility for crude oil, natural gas, coal, and uranium, and to identify the key factors influencing predictive models in order to enhance the accuracy and reliability of energy price forecasts. Design/methodology/approach The study uses the Generalized Autoregressive Conditional Heteroskedasticity-Mixed D…

Purpose This paper develops and empirically tests a novel big data analytic model to measure financial well-being (FWB) throughout the customer life cycle. The study uses a comprehensive, proprietary dataset that encompasses demographic and transactional data for nearly 430,000 clients across multiple financial products, approximating an “open finance” setting. Design/methodology/approach The mod…

Purpose This study provides a comprehensive scientometric analysis of publication trends and thematic evolution in behavioral finance, spanning four decades (1984–2024). It aims to map the intellectual structure, identify key thematic shifts and analyze the impact of 7,053 Scopus-indexed journal articles. Design/methodology/approach A comprehensive bibliometric analysis was conducted using RStudi…

Purpose This paper aims to examine the relationship between the implementation of the sustainable development goals (SDGs) and governments' financial sustainability. It analyzes whether progress toward the 2030 Agenda is associated with increasing public debt, thereby highlighting the potential fiscal implications of sustainability-oriented policies. Design/methodology/approach The study uses a b…

Purpose This study analyzes inter-industry reversal, or whether loser or underperforming industries yield higher returns than winner or outperforming industries in Latin America. The phenomenon is likewise examined in market segments that are more prone to inefficiencies and short-selling barriers. It also investigates intra-industry reversal by assessing whether loser stocks outperform winner st…

Purpose This study explores the mediating role of innovation output in the relationship between green management and the performance of small and medium-sized enterprises (SMEs). Design/methodology/approach This research is based on a dataset collected by the Ibero-American SME Observatory, comprising 3,966 manufacturing SMEs in Latin America. Data were gathered between February and May 2022 and …

Purpose This study examines the impact of green finance (GFIN) and green innovation (GTI) on environmental sustainability in seven South American countries from 2000 to 2020. Design/methodology/approach The study employs panel data econometric techniques using the Method of Moments Quantile Regression approach to explore the relationships between carbon dioxide (CO2) emissions, GFIN, GTI, economi…

Purpose This study investigates the determinants of digital financial inclusion (DFI) in Latin America and the Caribbean (LAC), focusing on the influence of sociodemographic factors on the accessibility and use of digital financial services. The analysis is based on the World Bank’s Global Financial Inclusion Database from 2021. Design/methodology/approach An index variable was created by groupin…

Purpose This paper examines the non-financial determinants influencing Sustainable Development Goals (SDGs) disclosure among Latin American banks. Design/methodology/approach The study employs an explanatory methodological approach characterized by quantitative analysis and a longitudinal perspective. It applies a multiple linear regression model to examine the non-financial determinants influenc…

Purpose This research aims to answer the question of to what extent managerial ability (MA) impacts the level of employing income smoothing (IS) through loan loss provision (LLP) and how this influences the banks’ financial performance. Design/methodology/approach The research confirms LLPs used to smooth income through the relationship between LLPs and pre-provisioning income in Asia–Pacific ban…

Purpose This study examines how institutions in both home and host countries affect firms’ cross-border mergers and acquisitions (CBM&As) activity in the six most significant Latin American (LATAM) economies (1995–2018). Design/methodology/approach Data from 1,094 transactions by LATAM companies were used to develop two data panels to examine the impact of institutions on CBM&A activity. …

Purpose This study investigates the extent to which bilateral trade with China and the United States (US) influences the productivity of trading partners. Design/methodology/approach This study uses panel data estimates to identify the export and import policy channels separately and then their combination with trade integration and trade balance at both the country and sectoral levels between 99…

Purpose Given that government financial assets represent a large proportion of gross debt accumulation, this study examines their impact on debt leveraging and potential returns on the gap between interest rates and economic growth (r-g). Design/methodology/approach This research focuses on the co-movements of r-g differentials, government financial assets and the primary deficit through a channe…

Purpose This study examines the relationship between board gender diversity and the cost of equity among publicly traded Brazilian companies. Design/methodology/approach The sample includes Brazilian firms listed on B3 from 2010 to 2023. This study estimated linear and nonlinear regression models using the two-step generalized method of moments (GMM). It measured gender diversity through board co…

Purpose This research explores the influence of intellectual capital (IC) efficiency (ICE) and institutional quality (IQ) on a firm’s capital structure (CS) in Indian firms. Design/methodology/approach The analysis was conducted on a sample of Indian companies from 2015 to 2019. Data were collected from the S&P database, and regression and additional analyses were performed to achieve the obj…

Purpose The objective of this study is to analyze the influence of the following variables – technological innovation, creativity and innovation management and business model innovation – on two variables: value creation in companies and value capture in companies. Design/methodology/approach The sample consisted of 222 informants employed by companies listed in the Top 1,000 in the city of Lima.…

Purpose This paper analyzes the application of real options to livestock production. It evaluates the strategic flexibility in determining the optimal selling time for livestock, considering the technological and market risks involved in its production. Design/methodology/approach Based on a data sample of 300 records collected over the past 15 years, a biophysical-economic model was developed an…

Purpose This article examines the relationship between service quality and earnings management in Brazilian electricity distributors. Design/methodology/approach Service quality was measured using the Global Continuity Performance Indicator, as released by the Brazilian Electricity Regulatory Agency (ANEEL). To measure earnings management, the models by Dechow et al. (1995), Kothari et al. (2005)…

Purpose This study aims to investigate the determinants of inflation expectations in Colombia through a vector autoregression model with exogenous variables (VAR-X) and uses quarterly data for survey-based inflation expectations and different supply shocks. Design/methodology/approach We propose a VAR-X model. Despite data unavailability, we gathered quarterly data for the period 2005–2022 for th…

Purpose We examine the impact of private equity on corporate governance across industries and countries. Design/methodology/approach We gathered data from 15 countries and 16 industries spanning the period from 2005 to 2015 to construct an average corporate governance index and track private equity deals across both industries and countries. We analyze a country-industry-year panel dataset and ad…