... specifications are employed. Findings The findings reveal that, overall, IRQ is negatively associated with the main components of the cost of capital, suggesting that financial firms with higher IRQ exhibit cost savings. Industry analysis indicates that firms in banking, financial services and insurance...

...Sanjay Sehgal; Vibhuti Vasishth; Tarunika Jain Agrawal Purpose This study attempts to identify fundamental determinants of bond ratings for non-financial and financial firms. Further the study aims to develop a parsimonious bond rating model and compare its efficacy across statistical and range...

...Frank Bezzina; Simon Grima; Josephine Mamo Purpose – The purpose of this paper is to bring to light the risk management practices adopted by financial firms in the small island state of Malta. It seeks to: first, identify the risk management strategies and mechanisms that these firms adopt...