Special Issue Call for Papers

Journal of Finance and Economics

Special Issue Call for Papers

Special Issue on Multinational Capital Budgeting

Capital budgeting for foreign direct investments carries complexities that do not affect the corporate decision process for domestic projects: exchange rate fluctuations, political and financial risk of the host country, cost of capital and optimal capital structure in an international setting, differences between project and parent company cash flows, foreign tax regulations, host government controls, etc.. This special issue is of interest in original high quality theoretical and empirical studies that give a relevant contribution to the existing literature on multinational capital budgeting subject by analyzing the relevant variables that affect the capital budgeting for foreign direct investments and by developing models aiming at handling the complexities associated with non domestic business.

About the issue

The topics of this special issue include, but are not limited to:

  • Foreign direct investment under uncertainty;
  • Choice, timing and localization of foreign direct investments;
  • Foreign markets entry mode choices and exit decisions;
  • Corporate currency exposure and foreign direct investments ;
  • Management of the operating, transaction and translation exchange rate exposure;
  • Parent versus project perspective for the valuation of foreign direct investments;
  • Political risk (in all its forms) and multinational capital budgeting;
  • Valuing political risk for multinational enterprises;
  • Greenfield investments versus cross border merger and acquisitions;
  • Payment methods for cross border merger and acquisitions;
  • International joint ventures;
  • Agency costs and foreign direct investments;
  • Taxation complexities in the multinational capital budgeting context;
  • Real option approaches to multinational capital budgeting;
  • Analysis of multinational enterprises strategies through real options ;
  • Real options in multinational decision making;
  • Valuing the operating flexibility of multinational enterprises;
  • International capital asset pricing models;
  • Capital structure puzzle for multinational enterprises ;
  • Multinational capital budgeting for banks and other financial institutions;
  • Multinational capital budgeting for foreign direct investments in emerging countries;
  • Multinational capital budgeting for foreign direct investments in developed countries;
  • Multinational enterprises corporate risk management;
  • Assessing the impact of the recent financial crises on foreign direct investment and on the multinational capital budgeting process

Important dates

Submission Deadline: February 28, 2014
Notification of Acceptance: April 30, 2014
Final Version Due: May 31, 2014
Special Issue Publishing Date: July 2014

Chief Guest Editor

Dr. Fabio Pizzutilo
University of Bari – Dept. of Business and law studies
Email: fabio.pizzutilo@uniba.it

Submit your article now

If you would like to submit an article to this special issue, please send your submissions via email directly to our guest editor, Dr. Fabio Pizzutilo <fabio.pizzutilo@uniba.it>.

Special Issue on Behavioral Corporate Governance

A wave of research in cognitive psychology demonstrates that managers like other individuals are frapped by some psychological, emotional and cognitive biases. This is the source of the emergence of “Behavioral Corporate Finance”. In this approach, managers are governed by their optimism, overconfidence among other biases. A thing that can explain distortions on corporate decision. CEOs personal psychology should be then considered as a strong factor that can explain observed anomalies at the firm level. The aim of this special issue is to explore the effect of corporate governance to control managerial psychological biases and their emotions. This special issue allows as to initiates a new approach of corporate governance: “The Behavioral Corporate Governance”.

About the issue

The topics of this special issue include, but are not limited to:

  • Corporate governance mechanisms and managerial optimism;
  • Corporate governance mechanisms and managerial overconfidence;
  • Irrational boards versus rational managers;
  • Irrational managers versus rational boards.

Important dates

Submission Deadline: June 30, 2013
Notification of Acceptance: July 31, 2013
Final Version Due: August 31, 2013
Special Issue Publishing Date: September 15, 2013

Chief Guest Editor

Pr. Abdelfatteh Bouri
Faculty of Management, FSEG Sfax Tunisia
Email: Abdelfettah.bouri@fsegs.rnu.tn

Guest Editor

Dr. Ezzeddine Ben Mohamed
FSEG Sfax Tunisia
Email: Benmohamed.ezzeddine@yahoo.fr

Dr. Amel Baccar
Faculty of Management, FSEG Sfax Tunisia
Email: Amel.baccar@yahoo.fr

Submit your article now

If you would like to submit an article to this special issue, please send your submissions via email (word format only) directly to our guest editor, Abdelfatteh Bouri<Abdelfettah.bouri@fsegs.rnu.tn>.