Articles
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Citation: Financial Innovation 2017 3:8
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Erratum to: Analysis on the influence factors of Bitcoin’s price based on VEC model
Citation: Financial Innovation 2017 3:7 -
Internet big data and capital markets: a literature review
Research in various academic disciplines has undergone tremendous changes in the era of big data. Everyone is talking about big data nowadays, but how exactly is it being applied in research on financial studies?
Citation: Financial Innovation 2017 3:6 -
Interdependence between the stock market and the bond market in one country: evidence from the subprime crisis and the European debt crisis
Once a global financial crisis breaks out, the interdependence between different financial markets suddenly increases and leads to a significant contagion.
Citation: Financial Innovation 2017 3:5 -
Baidu index and predictability of Chinese stock returns
A number of studies have investigated the predictability of Chinese stock returns with economic variables. Given the newly emerged dataset from the Internet, this paper investigates whether the Baidu Index can...
Citation: Financial Innovation 2017 3:4 -
Analysis on the influence factors of Bitcoin’s price based on VEC model
Bitcoin, the most innovate digital currency as of now, created since 2008, even through experienced its ups and downs, still keeps drawing attentions to all parts of society. It relies on peer-to-peer network,...
Citation: Financial Innovation 2017 3:3 -
Dynamics of oil price shocks and stock market behavior in Pakistan: evidence from the 2007 financial crisis period
The aim of this study is to investigate the effect of the oil price and its volatility on the stock market of Pakistan before and after the 2007 financial crisis period.
Citation: Financial Innovation 2017 3:2 -
Short-term and long-term Interconnectedness of stock returns in Western Europe and the global market
The present study examines the short term dynamics and long term equilibrium relationship among the stock markets of 17 countries in Western Europe as well as the world market, using time series techniques.
Citation: Financial Innovation 2017 3:1 -
A new proof-of-work mechanism for bitcoin
Bitcoin system, when more than 51% computing power is controlled by a single node, the block chain can be distorted maliciously. This is called 51% attack which is a well-known potential risk that could destro...
Citation: Financial Innovation 2016 2:31 -
Borrower’s default and self-disclosure of social media information in P2P lending
We examine the signaling effect of borrowers’ social media behavior, especially self-disclosure behavior, on the default probability of money borrowers on a peer-to-peer (P2P) lending site.
Citation: Financial Innovation 2016 2:30 -
Analysis and outlook of applications of blockchain technology to equity crowdfunding in China
Equity crowdfunding via the Internet is a new channel of raising money for startups. It features low barriers to entry, low cost, and high speed, and thus encourages innovation. In recent years, equity crowdfu...
Citation: Financial Innovation 2016 2:29 -
Overview of business innovations and research opportunities in blockchain and introduction to the special issue
Blockchain has become a new frontier of venture capitals that has attracted the attention of banks, governments, and other business corporations. The recent blockchain related attempts included legal blockchai...
Citation: Financial Innovation 2016 2:28 -
Understanding cashless payments in India
This paper analyzes India’s gradual transition towards a cashless economy.
Citation: Financial Innovation 2016 2:27 -
Blockchain-based sharing services: What blockchain technology can contribute to smart cities
The notion of smart city has grown popular over the past few years. It embraces several dimensions depending on the meaning of the word “smart” and benefits from innovative applications of new kinds of informa...
Citation: Financial Innovation 2016 2:26 -
Are blockchains immune to all malicious attacks?
In recent years, blockchain technology has attracted considerable attention. It records cryptographic transactions in a public ledger that is difficult to alter and compromise because of the distributed consen...
Citation: Financial Innovation 2016 2:25 -
Blockchain application and outlook in the banking industry
Blockchain technology is a core, underlying technology with promising application prospects in the banking industry. On one hand, the banking industry in China is facing the impact of interest rate liberalizat...
Citation: Financial Innovation 2016 2:24 -
Editor’s introduction
Citation: Financial Innovation 2016 2:23 -
Loan growth and bank solvency: evidence from the Pakistani banking sector
The dramatic loan growth and changes in the Pakistani banking system in mid-2000s have led to significant research attention on borrowers and lenders. This expansion and diversification in financial sector was...
Citation: Financial Innovation 2016 2:22 -
Early exercise premium method for pricing American options under the J-model
This study develops a new model called J-am for pricing American options and for determining the related early exercise boundary (EEB). This model is based on a closed-form solution J-formula for pricing European...
Citation: Financial Innovation 2016 2:21 -
Fraud detections for online businesses: a perspective from blockchain technology
The reputation system has been designed as an effective mechanism to reduce risks associated with online shopping for customers. However, it is vulnerable to rating fraud. Some raters may inject unfairly high ...
Citation: Financial Innovation 2016 2:20 -
Pure and hybrid crowds in crowdfunding markets
Crowdfunding has risen rapidly as a way of raising funds to support projects such as art projects, charity projects, and new ventures. It is very important to understand how crowds in the crowdfunding market a...
Citation: Financial Innovation 2016 2:19 -
Consumer use intention of online financial products: the Yuebao example
Drawing on a valence framework and innovation diffusion theory, this study examines Yuebao deployment to model consumers’ intention to use financial products offered online. We collect data via an online surve...
Citation: Financial Innovation 2016 2:18 -
Team rivalry and lending on crowdfunding platforms: an empirical analysis
Prosocial crowdfunding helps the underprivileged obtain non-profit seeking loans from multitudinous lenders. Some platforms introduce team competition to motivate member participation and may thus induce team ...
Citation: Financial Innovation 2016 2:17 -
The FinTech phenomenon: antecedents of financial innovation perceived by the popular press
The financial industry has been strongly influenced by digitalization in the past few years reflected by the emergence of “FinTech,” which represents the marriage of “finance” and “information technology.” Fin...
Citation: Financial Innovation 2016 2:16 -
FinTech in Taiwan: a case study of a Bank’s strategic planning for an investment in a FinTech company
Since 2015 is the year of FinTech in Taiwan, it is worth investigating the challenges that emerged when banks were encouraged to invest in FinTech companies for collaboration. This study aims to identify the s...
Citation: Financial Innovation 2016 2:15 -
Performance and capital structure of IPOs in Pakistan from 2000 to 2015
When a privately owned firm or privatized government entity raises capital by selling its stocks for the first time to general public, is known as initial public offering (IPO). The underpricing phenomenon and...
Citation: Financial Innovation 2016 2:14 -
Determinants of private sector credit in Uganda: the role of mobile money
Mobile money services have been associated with unprecedented access to financial services, notably to under-banked and unbanked populations. Thus, mobile money opens a channel through which to examine the sup...
Citation: Financial Innovation 2016 2:13 -
A maturity model for blockchain adoption
The rapid development of the blockchain technology and its various applications has rendered it important to understand the guidelines for adopting it.
Citation: Financial Innovation 2016 2:12 -
Franchise ownership redirection: real options perspective
For over 40 years, the franchise ownership redirection hypothesis has attracted the attention of many scholars. This study, differing from previous ones, proposes an alternative approach for this hypothesis us...
Citation: Financial Innovation 2016 2:11 -
Developing a prediction model for customer churn from electronic banking services using data mining
Given the importance of customers as the most valuable assets of organizations, customer retention seems to be an essential, basic requirement for any organization. Banks are no exception to this rule. The com...
Citation: Financial Innovation 2016 2:10 -
Effect of interest rate on economic performance: evidence from Islamic and non-Islamic economies
Saving and investment are two of the most important tools for economic growth. The interest rate has always been considered an important determinant of saving and investment. However, according to Islamic teac...
Citation: Financial Innovation 2016 2:9 -
A group consensus model for evaluating real estate investment alternatives
Individual decision-making largely influences the effectiveness of decisions and benefits of investments. Methods: In this article, a consensus model for group decision-making (GDM), based on the analytic hier...
Citation: Financial Innovation 2016 2:8 -
Causality between bank’s major activities and economic growth: evidences from Pakistan
Banking is an important sector of Pakistan’s economy. It is general consideration that bank’s major activities saving and lending have positive impact on economic growth. So the aim of this study is to investi...
Citation: Financial Innovation 2016 2:7 -
Re-estimation and comparisons of alternative accounting based bankruptcy prediction models for Indian companies
The suitability and performance of the bankruptcy prediction models is an empirical question. The aim of this paper is to develop a bankruptcy prediction model for Indian manufacturing companies on a sample of...
Citation: Financial Innovation 2016 2:6 -
Editor’s introduction
Citation: Financial Innovation 2016 2:5 -
Cashless payment and economic growth
This study examines the effect of adopting cashless payment in five European Union (EU) countries, namely, Austria, Belgium, France, Germany, and Portugal, for the period of 2000-2012.
Citation: Financial Innovation 2016 2:4 -
Dynamics of volatility spillover between stock market and foreign exchange market: evidence from Asian Countries
The purpose of this study is to examine volatility spillover effects between stock market and foreign exchange market in selected Asian countries; Pakistan, India, Sri Lanka, China, Hong Kong and Japan. This s...
Citation: Financial Innovation 2016 2:3 -
Government-incentivized crowdfunding for one-belt, one-road enterprises: design and research issues
Local, state, and federal governments have started exploring the potential of crowdfunding in transforming conventional financing methods used previously to fund public projects and services. While crowdfundin...
Citation: Financial Innovation 2016 2:2 -
Complex derivatives valuation: applying the Least-Squares Monte Carlo Simulation Method with several polynomial basis
This article investigates the Least-Squares Monte Carlo Method by using different polynomial basis in American Asian Options pricing. The standard approach in the option pricing literature is to choose the bas...
Citation: Financial Innovation 2016 2:1 -
How signaling and search costs affect information asymmetry in P2P lending: the economics of big data
In the past decade, online Peer-to-Peer (P2P) lending platforms have transformed the lending industry, which has been historically dominated by commercial banks. Information technology breakthroughs such as bi...
Citation: Financial Innovation 2015 1:19 -
Editor’s Introduction
Citation: Financial Innovation 2015 1:18 -
Value of big data to finance: observations on an internet credit Service Company in China
his paper presents a case study on 100Credit, an Internet credit service provider in China. 100Credit began as an IT company specializing in e-commerce recommendation before getting into the credit rating busi...
Citation: Financial Innovation 2015 1:17 -
Determining pledged loan-to-value ratio: an option pricing perspective
We investigated the determination of the pledged loan-to-value ratio in an optionpricing environment and mainly articulated the theoretical framework and analytical method.
Citation: Financial Innovation 2015 1:16 -
Performance of Islamic and conventional stock indices: empirical evidence from an emerging economy
This study aims to investigate the extent to which the conditional volatilities of both Shari’ah compliant stock and conventional stock are related to those of interest rate and exchange rate in the emerging e...
Citation: Financial Innovation 2015 1:15 -
A credit risk assessment model based on SVM for small and medium enterprises in supply chain finance
Supply chain finance (SCF) is a series of financial solutions provided by financial institutions to suppliers and customers facing demands on their working capital. As a systematic arrangement, SCF utilizes th...
Citation: Financial Innovation 2015 1:14 -
Cash holdings, corporate governance, and acquirer returns
The wealth effect of limiting shareholder rights via anti-takeover provisions(ATPs) is a contentious issue. By taking the differential effect hypothesis perspective, our study aims to provide additional eviden...
Citation: Financial Innovation 2015 1:13 -
Invigorating foreign aid administration: remittances’ strategy, pro-poor and gender focus
The pitfall of top-down approach to development is identified as a major cause of aid inefficiency. The approach is fraught with corruption and unethical practices that have bedeviled aid administration. Meanw...
Citation: Financial Innovation 2015 1:12 -
Heterogeneous expectations, IPO Underpricing and issuing mechanism
Compared with the fixed-price mechanism, the bookbuilding mechanism has not changed the Chinese IPO high underpricing. How to develop scientific and reasonable IPO pricing, and reduce the high IPO underpricing...
Citation: Financial Innovation 2015 1:11 -
The information content of financial survey response data
Market data for financial studies typically derives from either historical transactions or contemporaneous surveys of sentiment and perceptions. The research communities analyzing data from these opposing cate...
Citation: Financial Innovation 2015 1:10 -
Volatility spillover effect between financial markets: evidence since the reform of the RMB exchange rate mechanism
The volatility spillover effect between the foreign exchange and stock markets has been a major issue in economic and financial studies. In this paper, GC-MSV model was used to study the spillover effect betwe...
Citation: Financial Innovation 2015 1:9
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- ISSN: 2199-4730 (electronic)