A firm's capital structure gives it an endogenous cause to default. Be that as it may, prior to default there is no way to precisely single out the firms that will default from those that will not. At best, we can only ...

Mobile money has received a lot of attention since the successful introduction of Mpesa in Kenya in 2007. Many economies in Africa have adopted the technology and it has evidently altered the lives and behaviors of those ...

Prudential soundness in the financial system is ensured through better self -regulation of factors such as capital adequacy, management quality and asset quality. Capital adequacy as a bank specific factor revitalizes the ...