Successful in the long run: a meta‐regression analysis of persistent firm profits

S Hirsch - Journal of Economic Surveys, 2018 - Wiley Online Library
We study the profit persistence literature by applying meta‐regression analysis (MRA) to a
set of 36 empirical papers, which analyze the persistence of abnormal firm profits over time …

The persistence of bank profit

J Goddard, H Liu, P Molyneux, JOS Wilson - Journal of Banking & Finance, 2011 - Elsevier
This paper examines the intensity of competition in 65 national banking industries. Country-
level dynamic panel estimates of the persistence of bank profit are reported and compared …

The murder epidemic: A global comparative study

SA Asongu, PN Acha-Anyi - International Criminal Justice …, 2019 - journals.sagepub.com
We build on literature from policy and academic circles to assess whether Latin America is
leading when it comes to persistence in homicides. The focus is on a global sample of 163 …

Evolution of profit persistence in the USA: Evidence from three periods

A Gschwandtner - The Manchester School, 2012 - Wiley Online Library
In the present study we analyze and compare profit persistence during the periods 1950–66,
1967–83 and 1984–99 in the USA. While most of the previous studies performed …

Firm profitability: Mean-reverting or random-walk behavior?

G Canarella, SM Miller, MM Nourayi - Journal of Economics and Business, 2013 - Elsevier
We analyze the stochastic properties of three measures of profitability, return on assets
(ROA), return on equity (ROE), and return on investment (ROI), using a balanced panel of …

Degree of financialization and energy efficiency in Sub-Saharan Africa: do institutions matter?

PK Adom, F Amuakwa-Mensah… - Financial Innovation, 2020 - Springer
Abstract The United Nations Sustainable Development Goal 7 emphasizes the need for
economies around the world to double their efforts in energy efficiency improvements. This …

The persistence of profits of banks in Africa

M Amidu, SK Harvey - Review of Quantitative Finance and Accounting, 2016 - Springer
This paper analyses the profit persistence of African banking sector, focusing on the role of
the level of competition and banks earnings management. We apply Markov chain to …

The persistence of weapons: Global evidence

SA Asongu, JI Uduji, EN Okolo‐Obasi - Politics & Policy, 2020 - Wiley Online Library
This article investigates persistence (or hysteresis) in weapons using a panel of 163
countries for the period 2010‐15. The following are some main findings:(1) compared to …

Political instability and political terror: Global evidence on persistence

SA Asongu, JI Uduji, EN Okolo‐Obasi - Journal of Public Affairs, 2020 - Wiley Online Library
We test the hypotheses that fundamental characteristics in regional proximity,
landlockedness, religious‐domination, legal origin, and income levels affect cross‐country …

Does expected idiosyncratic skewness of firms' profit predict the cross-section of stock returns? Evidence from China

Q Zhang, P Zhang, H Liu - Research in International Business and Finance, 2023 - Elsevier
Motivated by existing evidence of a preference among investors for assets with lottery-like
payoffs and for portfolios that are under-diversified, this study investigates the relation …