econ papers | Gist.Science

Digital Cash-to-Cash Transformation and Organizational Resilience: Evidence from Working-Capital Buffer Configuration

This study demonstrates that for Chinese listed firms, the substantive digital redesign and integration of working-capital routines (digital cash-to-cash transformation) significantly enhances organizational resilience by optimizing working-capital buffer configurations rather than merely compressing the cash cycle, particularly within focused firms pursuing differentiation strategies.

Gang Wei, Yu Cao, Peng Liu2026-10-29

📈 economics

The rapid growth in GLP-1 use could reshape the U.S. agricultural landscape

This study projects that the widespread adoption of GLP-1 medications in North America will significantly reduce food demand by 2030, leading to substantial declines in agricultural land rents and reshaping the U.S. food system primarily through adjustments in trade, imports, and exports rather than domestic production alone.

Emiliano Lopez Barrera, Rui Liu, Dominic Vieira, Brian Roe2026-10-29

📈 economics

Reinsurance Governance, Insurer Risk-Taking, and Financial Sustainability in Emerging Asian Insurance Markets

This study of 45 insurers in emerging Asian markets from 2019 to 2023 reveals that higher reinsurance ratios can inadvertently amplify risk-taking through a risk-shifting mechanism, suggesting that without robust governance and aligned incentive structures, reinsurance may undermine rather than support long-term financial sustainability.

Phan Anh Tuan, Nguyen Duy Dat, Nguyen Thi Minh Anh, Mai Thu Hien, Khuc The Anh2026-10-29

📈 economics

Role of Education and Entrepreneurship in Emerging and Developing Economies: A Systemic Review

This systematic review of 28 studies from 2005 to 2025 synthesizes empirical evidence on the relationship between education and entrepreneurship in emerging and developing economies, revealing that while education significantly influences entrepreneurial outcomes, its effectiveness is contingent upon contextual factors, the quality of practical training, and supportive institutional ecosystems.

Naeem Ullah, Jam Muhammad Zafar, Muhammad AMjad2026-10-29

📈 economics

Spectral Risk Measures in RAROC: A Risk-Sensitive Framework for Risk-Adjusted Financial and Accounting Information — Evidence from the DAX 40

This paper proposes and empirically validates a risk-sensitive RAROC framework for DAX 40 companies that incorporates coherent Spectral Risk Measures to overcome the limitations of traditional Value-at-Risk, thereby offering a tail-sensitive alternative for accounting, management, and investment decision-making during crises.

Georgios Zachos, Evangelos Chytis2026-10-29

📈 economics

Weak-Form Market Efficiency in the Dhaka Stock Exchange: Evidence from a Multi-Test Approach Around the 2024 Political Transition

This study finds that the Dhaka Stock Exchange remains weak-form inefficient due to significant price predictability and a lack of structural improvement in market efficiency following Bangladesh's August 2024 political transition, with observed reductions in test rejection rates attributed to lower statistical power rather than genuine market gains.

M. Shahin Sarwar, Sinha Marzuka Sultana, Nowshin Sadia Peeya, Md. Adnat Chowdhury Rishad2026-10-29

📈 economics

The Impact of ESG Disclosure ESG Performance and ESG Risk on Audit Fees and Non Audit Fees in the South African Quasi Mandatory Regime

This study analyzes South African JSE-listed firms from 2006 to 2024 and finds that while higher ESG disclosure and performance increase audit fees but decrease non-audit fees, higher ESG risk leads to lower audit fees yet higher non-audit fees, reflecting distinct auditor responses to disclosure quality versus risk exposure in a quasi-mandatory regulatory environment.

Adebiyi Sunday Adeyanju, Funmilola Adebunmi Iyiola, Melanie Bernice Cloete2026-10-29

📈 economics

Toxic Assets? How Credit Rating Agencies Assess Chinese Debt Exposure in Developing Countries

This study analyzes data from 65 developing countries between 2000 and 2023 to demonstrate that greater reliance on Chinese official debt is associated with lower sovereign credit ratings from major Western agencies, reflecting concerns over repayment capacity, transparency, and restructuring challenges.

SEONG HUN YOO2026-10-29

📈 economics

Beyond the Screen: How Corporate Internet Reporting Drives Firm Performance Across Asia

This study utilizes multiple regression analysis on Asian listed companies in 2022 to demonstrate that specific corporate internet reporting indicators, including social responsibility disclosure, corporate governance information, contact services, and information timeliness, significantly drive firm financial performance as measured by Tobin's Q.

Kiswanto Kiswanto, Rahmawati Rahmawati, Doddy Setiawan, Y Anni Aryani2026-10-29

📈 economics

An exploratory study of perceived financial and housing barriers to electricity access in rural Kitui County Kenya

This exploratory study of 380 rural households in Kitui County, Kenya, identifies shared perceptions of financial and credit barriers to electricity access while highlighting methodological limitations in the instrument's measurement structure and the need for future research to validate these findings against actual access outcomes.

Alex Kyalo Mwangangi¹2026-10-29