... Licensed re-use rights only Emerging markets Performance Capital markets Financial markets Comparative analysis Regression analysis Emerging market mutual funds have shown a dramatic growth in the past two decades (Huij and Post, 2011). Despite this enormous growth, there is a dearth...

... the leverage. In fact, the method suggests that the capital cost, first, decreases due to the higher use of debt and then it would rise due to the increase of equities’ cost (Mollanazari et al., 2009). © Emerald Group Publishing Limited 2016 Capital markets Financial markets...