This book addresses key issues in corporate finance and explores them from financial development and financial stability perspectives in emerging markets. Emerging economies are susceptible to rapidly changing financial sectors and products as well as financial upheavals. In this light, the growing interdependence of states and capital markets, and the risk of crises have an impact on the financing of firms. The chapters in this book highlight how companies and policies in emerging markets are affected and deal with the current post-crisis world. By combining academic and industry insights, the critical issues in corporate finance, financial development, and the preparedness of emerging markets are explored.

Examines financial development issues that are unique to emerging markets Investigates corporate financial environment readiness for the 4th industrial revolution Investigates the applicability of financial stability models

Autorentext

Shame Mugova is a financial analyst, a finance lecturer at the Management College of Southern Africa in Durban (South Africa), and a research fellow at the Durban University of Technology, where he holds a Ph.D. in finance from. His research interests are corporate social responsibility, corporate governance, and trade credit.

Joseph Olorunfemi Akande is an Associate Professor of Accounting Science at Walter Sisulu University (South Africa). He holds a Ph.D. in Finance and is a member of several research groups, including serving as an associate editor with the African Journal of Business and Economic Review. His research interests are in finance and accounting. Magret Odunayo Olarewaju is a chartered accountant and an Assistant Professor in Accounting at Coventry University (United Kingdom). She is a fellow of the Higher Education Academy, United Kingdom. As an accomplished researcher, she is a National Research Fund (NRF) rated researcher in South Africa and a CIMA global research awardee. Also, she has several journal articles and book chapters to her credit. Her research interest is in Managerial Accounting and Finance.

Inhalt
Corporate Finance and Financial Development: An Introduction.- Entrepreneurs' dynamic capabilities, financial resource development and financial performance among small and medium enterprises in emerging markets: Experience from Tanzania.- Does ICT Diffusion Drive the Finance-Growth Nexus? Evidence from sub-Saharan Africa.- Foreign direct investment, tourism, and financial development in Africa.- Effect of Bank Mergers on Cost of Capital Evidence from India.- Does the Effect of Financial Development on Economic Growth depend on the Real Sector in sub-Saharan Africa?.- Financial sector reforms and the significance to banking sector in Tanzania.- Causal Relationship between Financial Development, Economic Growth, and Income Inequality: Panel Data Evidence from Asian and North African Countries.- Board Diversity and Bank Outcomes in India.- Dynamics of Industrial Production, Financial Development and Carbon Emission in Nigeria.- Corporate finance and financial development: a conclusion.