This paper analyzes the growth impact of public and private investment shocks based on a large sample of emerging and developing countries over the period 1980-2021 with a particular focus on the Asian region. We develop new measures of investment shocks based on cyclically adjusted investment...

While past decades were characterized by economic liberalization and deregulation, there re-mains an enduring presence of political influence over the private economy. Such influence can either benefit (e.g. government support addressed at survival and growth prospects) or harm (e.g. reduced...

This comparative study analyzed the impact of loan portfolio composition on the efficiency of different types of banks in India-public sector, old private, and new private banks-in the period between 2013 and 2022. Efficiency was evaluated using data envelopment analysis (DEA). The study...

This study investigated how the COVID-19 pandemic impacted earnings management practices within both public and private firms in Korea. Amid active government efforts and policies to overcome the pandemic crisis, we anticipate that the earnings management of public sector managers, prioritizing...