International Journal of Economics and Finance

International Journal of Economics and Finance (IJEF) is a double-blind peer-reviewed international journal dedicated to promoting scholarly exchange among teachers and researchers in the field of economics, financial economics and finance. The journal is published monthly in both print and online versions by the Canadian Center of Science and Education.

The scope of IJEF includes the fields in the economics and finance. Authors are encouraged to submit complete, unpublished, original, and full-length articles that are not under review in any other journals. The online version of the journal is free access and download. If you want to order print copies, please visit:

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2015 Q1: Articles Received: 144; Accepted: 96; Rejected: 34; Published: 73; Retracted: 0


  • e-Version First: Vol. 7, No. 5


IJEF follows APA style.


Author Guidelines

1. Authors must ensure that their papers are free of spelling and grammatical errors and typos.

2. Research papers should not exceed 8,000 words.

3. A separate title page of an article should contain the title of the paper, name(s) and affiliation(s) of the author(s).

4. The first page of an article should contain an abstract not exceeding 250 words and a maximum of eight keywords.

5. Equations in the text should be numbered consecutively using Arabic numerals within simple brackets and aligned against the right margin.

6. All appendices should be numbered consecutively using uppercase roman numerals and shown after the list of references.

7. References should be cited within the text as follows: According to Wickremasinghe (2005), foreign exchange market … These results are inconsistent with those of other studies (Perera, 1995; Silva, 2000)

8. List of references should show each citation in alphabetical order and follow the style of APA

9. Author should register with the journal before submitting manuscripts.

10. Page proofs will be sent to the corresponding author. The corrected manuscripts should be submitted, and the publication fee should be paid within 10 working days.

11. The publication fee is 300USD.



The publisher and journal have a policy of “Zero Tolerance on the Plagiarism”. We check the plagiarism issue through two methods: reviewer check and plagiarism prevention tool (

All submissions will be checked by iThenticate before being sent to reviewers.

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Vol 7, No 4 (2015)

Vol. 7, No. 4, April 2015

Table of Contents


Bank Lending Channel in Monetary Policy Transmission: Evidence from Russia PDF
Shigeki Ono p1
The Interaction Effects of Globalization and Institutions on International Capital Flows PDF
Hannah G. Shell, Liping Zheng p12
Does Entrepreneurship and Corporate Social Responsibility Act as Catalyst towards Firm Performance and Brand Value? PDF
Stefan Cristian Gherghina, Liliana Nicoleta Simionescu p23
Systematic Risk Shift and Post-Merger Performance PDF
Giang D. Nguyen p35
Did Board of Directors Have an Impact on MENA Bank Performance? PDF
Rim Boussaada, Majdi Karmani p46
Cyclicality of Lending Behavior by Banking Sector for the Period (2000-2013): Evidence from Jordan PDF
Qais A. Al-Kilani, Thair A. Kaddumi p57
Rules vs. Discretion in Monetary Policy: From Commodity Money to Unconventional Monetary Policies PDF
Bogdan Badescu p66
Leverage and the Jordanian Firms’ Value: Empirical Evidence PDF
Imad Zeyad Ramadan p75
Relationship between the Star and the Hotel Service Guarantees of Customer Satisfaction PDF
Aslinda Mohd Shahril, Yuhanis Abdul Aziz, Mohhidin Othman, Jamil Bojei p82
Study of Poverty Alleviation Effects for Chinese Fourteen Contiguous Destitute Areas Based on Entropy Method PDF
Weiwei Chen, Danmeng Feng, Xiaoyuan Chu p89
Competitiveness and Unemployment in the Eurozone PDF
Antonin Rusek p99
Should Investors Pay Attention to Domestic and US Election Regimes? A Canadian Perspective PDF
Claudia Champagne, Stéphane Chrétien, Frank Coggins p105
The Debt Choices of the Firms in Developed Countries: Evidence from G-7 PDF
Pasquale De Luca p122
Apropos of Accounting Information Indicators as Determinants of Cash Dividend Policy Decision: A Comparative Study on Amman Stock Exchange (2001-2013) PDF
Thair A. Kaddumi, Qais A. Al-Kilani p135
Optimal Central Bank Intervention in the Foreign Exchange Market of Iran PDF
Hajar Jahangard p146
The Determinants of Rating Announcements Impact on Stock Markets during Crisis Periods: The Case of the 2008 Worldwide Financial Crisis PDF
Dorsaf Azouz Ghachem p159
Determinants of Capital Structure and Testing of Theories: A Study on the Listed Manufacturing Companies in Bangladesh PDF
Md. Imran Hossain, Md. Akram Hossain p176
Do Financial Ratios Affect Index Constitution? PDF
Selahattin Guris, Irem Sacakli Sacildi, Elif Guneren Genc p191
Test of Policy Ineffectiveness Proposition with Real Expectations for Turkey PDF
Serdar Kurt p199
Impact of Educational Public Policy on Schooling in Morocco: A Temporal and Transverse Analysis PDF
Mohamed Karim, Amal Mansouri, Rachid Nachat, Khalid Doumou p214
The Relationship between Capital and Bank Risk: Evidence from Tunisia PDF
Mohamed Aymen Ben Moussa p223
Financial Performance Determinants of Paper and Paper Products Firms Listed in Borsa Istanbul PDF
Mehmet Islamoglu, Nuri Celik p233
Reviewer Acknowledgements for International Journal of Economics and Finance, Vol. 7, No. 4 PDF
Michael Zhang p244

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International Journal of Economics and Finance  ISSN  1916-971X (Print) ISSN  1916-9728 (Online)

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