New issue of the Corporate Governance and Organizational Behavior Review

The editorial team of Virtus Interpress is delighted to publish a new issue of the journal Corporate Governance and Organizational Behavior Review (Volume 5, Issue 2, Special issue). This issue covers various topics within corporate governance and organizational behavior area, particularly, financial literacy, behavioral biases, gender, labour force and employment, unemployment, labour market policies, e-money, corporate governance, market competitiveness, earnings management, financial reporting quality, audit quality, information asymmetry, firm characteristics, stock return, financial performance, market capitalization, family business, family social capital, commercial banks, etc.

The full issue of the journal is available at the following link.

The issue starts with the paper by Amr Youssef, Passent Tantawi, Mohamed Ragheb, and Mohammad Saeed who examine how the dimensions of financial literacy could affect the behavioral biases of individual investors in the Egyptian stock exchange. The study examines the data collected from 403 individual investors in Egypt.

The purpose of the study conducted by Bashkim Bellaqa, Qazim Tmava, and Arif Krasniqi is to analyze and compare trends in employment, unemployment, gross domestic product (GDP), foreign direct investment (FDI), labor market management and to study the effects of foreign direct investment on employment in the Western Balkans (Albania, Bosnia and Herzegovina, Kosovo, North Macedonia, Montenegro, and Serbia) between 2015 and 2019.

Juliansyah Roy, Eny Rochaida, Rachmad Budi Suharto, and Rizkiawan Rizkiawan in their paper aim to identify electronic transactions and digital transactions against the velocity of money (VoM) in Indonesia. Through a quantitative approach, time-series data for 2009–2019 was collected from the Bank of Indonesia and BPS-Indonesia.

The research of Elton Tota and Bardhyl Hasanpapaj identifies the lack of progress of the Stabilization and Association Agreement (SAA) countries in the EU integration process. The paper identifies that most of the Western Balkans countries show similar shortcomings from the past which are still present and the progress achieved in this in the EU path is limited.

Engy ElHawary and Dina Hassouna look at how firm characteristics and audit quality can affect the earning management practices in the Egyptian context, within the period of 2011–2019. A sample of 157 non-financial listed companies in the Egyptian stock exchange is selected for achieving the research objective through analysing their financial reports.

Endri Endri, Dani Fahmi Amrullah, Haryo Suparmun, Hilda Mary, Maya Sova, and Arum Indrasari attempt to empirically prove the effect of interest rates (SB), exchange rates (KURS), commercial property price index (IHPK), return on assets (ROA), debt-to-equity ratio (DER), and current ratio (CR) on stock returns estimated using panel data regression model.

Pranesh Debnath, Promila Das, Najul Laskar, Shahbaz Babar Khan, Shweta Dhand, and Kaushambi Kaushal investigate the impact of CEO duality on firm performance. The study is based on secondary data collected from the published annual reports of respective companies and the Capitaline corporate database.

Tariq Kameel, Mohammad Amin Alkrisheh, and Tayil Mahmoud Shiyab focus on the criminal liability of founders of joint-stock companies in Emirati law and clarify the actions that result in criminal liability for founders of joint-stock companies. The article approaches the topic by first defining a founder and the qualifications they must possess.

The main aim of the paper by Bashkim Bellaqa and Besim Gollopeni is to analyse the employment and unemployment rates in the Western Balkans, looking particularly at youth (aged 18–24 years) unemployment in Kosovo. The results of the study show that unemployment in this age group is high and that labour market policies are also not appropriate.

Nada Moufdi and Ali Mansouri explore the influence of a family social capital (FSC), through its three dimensions — structural, relational, and cognitive — on the governance system of Moroccan family firms. Through this research, the authors have shown that family businesses are distinguished from their non-family counterparts by a specific social capital.

Webster Funhiro, Bhasela Yalezo, and Emmanuel Mutambara examine the processes of appointing hospital management board (HMB) members in central hospitals of Zimbabwe. The study sought to explore the standardization, strengthening, and performance of HMBs in central hospitals of Zimbabwe with a focus on six central hospitals.

The final study in this issue by Wondmagegn Biru Mamo, Habtamu Legese Feyisa, and Mekonnen Kumlachew Yitayaw tried to see the impact of governance, exchange rate volatility, trade openness, and internet access on the financial performance of commercial banks in Ethiopia during the years from 2014 to 2019.

We expect that you will enjoy reading this issue of the journal!