Outputs (2)

Rationalizing the value premium in emerging markets (2013)
Journal Article
Ebrahim, M. S., Girma, S., Shah, M. E., & Williams, J. (2014). Rationalizing the value premium in emerging markets. Journal of International Financial Markets, Institutions and Money, 29, https://doi.org/10.1016/j.intfin.2013.11.005

We reconfirm the presence of value premium in emerging markets. Using the Brazil–Turkey–India–China (BTIC) grouping during a period of substantial economic growth and stock market development, we attribute the premium to the investment patterns of gl... Read More about Rationalizing the value premium in emerging markets.

Dynamic capital structure and political patronage: the case of Malaysia (2013)
Journal Article
Ebrahim, M. S., Girma, S., Shah, M. E., & Williams, J. (2014). Dynamic capital structure and political patronage: the case of Malaysia. International Review of Financial Analysis, 31, https://doi.org/10.1016/j.irfa.2013.11.004

This paper investigates the effect of political patronage on firms' capital structure. The evidence is from Malaysia, a country characterised by relationship-capitalism, and covers 1988 to 2009. Using a system GMM estimator we find firms set leverage... Read More about Dynamic capital structure and political patronage: the case of Malaysia.