IOSR-JEF   Volume-7 ~ Issue-2 ~ March-April 2016

[1]. Ahmad, H.I. (2003). Trend in the profitability of banks in Nigeria before and during interest rate deregulation: A comparative analysis. NDIC Quarterly, September, 13(3): 59-84.
[2]. Bahmani-Oskooee, M. and Nasir, A.(2004). ARDL approach to test the productivity bias Hypothesis. Rev. Development Economics Journal, 8: 483-488.
[3]. Banerjee, A., Dolado, J.J., Galbraith, Z.W. and Hendry, D.F. (1993). Cointegration error correction and the econometric of non-stationary data. Oxford: Oxford University Press.
[4]. Bonfiglioli, A. and Mendicino, C., (2004). Financial liberalization, banking crises and growth: Assessing the links. SSE/BFI Working Paper No. 567.
[5]. Chizea, G. (1994). Analysis of monetary and fiscal policies, broader perspectives. 2nd edn, 12-24, BBT Press.

[1]. Abdullahi, Y.Z., Sokoto, A.A & Safiyanu, S.S. (2013), Analysis of the relationship between foreign trade and economic growth in Africa, Economic and Financial Review, 3(03): 01-10, ISSN: 2047-0401, Retrieved from http://www.businessjournalz.org/efr
[2]. Adewuyi, A. (2002), Balance of payment constraints and growth rate differences under alternative policy regimes, National Institute of Social and Economic Research (NISER) Monograph Series No. 10 Ibadan, Nigeria.
[3]. Africa Development Bank (2012), Selected statistics on African countries, Published by the Statistics Division of ADB, Tunis, Tunisis
[4]. Bairam, A. (1988), Balance of payments, the Harrods foreign trade multiplier and economic growth; the European and North American Experience, 1970-1985 Applied Economics, December
[5]. Balssa, B. (1978), Exports and economic growth, further evidence, Journal of Development Economics, 5(2): 181-189

[1]. Almgren, R. F. (2003) Stock Market Development and Economic Growth in Nigeria: Market Size Versus Liquidity, journal of pakistan,10 ( pg 2).
[2]. Amihud , Mendelson (2012) Stock and bond liquidity and its effect on prices and financial policies , Fin Mkts Portfolio Mgmt Journal of financial Economics ,20 (pg. 1-11)
[3]. Banerjee, Gatchev, Spindt (2005) Stock Market Liquidity and Firm Dividend Policy, Journal of Financial Economics, (1-26).
[4]. Bekaert, Geert, Campbell R. Harvey, and Christian T. Lundblad, 2005, Liquidity and expected returns: Lessons from emerging markets, Working Paper.
[5]. Bervas (2006) Stock Market Liquidity and Firm Performance Market Liquidity and its Incorporation Into Risk Management. Journal of financial Economics (pg. 2).

[1]. Ahn, Y.S., Adji, S.S. & Willet, T.D. (1998). The effect of inflation and exchange rate policies on direct investment to developing
countries. International Economic Journal, 12,95-104.
[2]. Balderas, J. U. & Hiranya, K.N. (2005). Remittances, relative price variability and inflation in Mexico.
[3]. Ball, L.M. (2006). Has globalization changed inflation? NBER Working Paper. 12687, 1 – 19.
[4]. Bernanke, B. S. (2007). Globalization and monetary policy. Economic Policy Research Papers.
[5]. Caves, R.E. (1996). Multination Enterprise and Economic Analysis. In Denisia, V. (Eds) Foreign Direct Investment Theories,
Cambridge: Cambridge University Press.

[1]. Huseyin, K., Ilhan, O., Seyfettin, A. and Kahraman, K. (2009).Devaluation and trade balance in Latin American countries. Zb. Rad. Ekon. Fak. Rij. 27(1), 115-128
[2]. Rosewiig, J. A. and Kock, P.D. (1988). The U.S. dollar and the delayed J-Curve. Economic Review: Federal Reserve Bank of Atlanta, 73(4), 2-15.
[3]. Rose, A. K & Tellen, J. L. (1989). Is there a J-curve? Journal of Monetary Economics. 24, 53-68.
[4]. Kim, S. C. (2001). Effect of monetary policy shocks on the trade balance in open European countries. Economic Letters, 71,197 – 203.
[5]. Bahmani-Oskooee, M. & Rather, A. (2004). The J-Curve: A literature review. Applied Economics, 36, 1377 – 1398.

[1]. Arsyad, Lincolin. 1999. Pengantar Perencanaan dan Pembangunan Ekonomi Daerah.Yogyakarta:BPFE.
[2]. Arsyad,Lincoln. 2010. Ekonomi Pembangunan. Yogyakarta: UPP STIM YKPN Yogyakarta.
[3]. BPS. 2011. Kecamatan Batu dalam Angka 2011. Batu: Badan Pusat Statistik
[4]. BPS. 2012. Kecamatan Batu dalam Angka 2012. Batu: Badan Pusat Statistik
[5]. BPS. 2013. Kecamatan Batu dalam Angka 2013. Batu: Badan Pusat Statistik
[6]. BPS. 2014. Kecamatan Batu dalam Angka 2014. Batu: Badan Pusat Statistik
[7]. BPS. 2011. Kecamatan Bumiaji dalam Angka 2011. Batu: Badan Pusat Statistik
[8]. BPS. 2012. Kecamatan Bumiaji dalam Angka 2012. Batu: Badan Pusat Statistik

[1]. Abbadi1 S. M. & Abbadi R.T. (2013). The Determinants of Working Capital Requirements in Palestinian Industrial Corporations. International Journal of Economics and Finance; Vol. 5, No. 1, pp. 65-75.
Abdullah H. & Valentine B. (2009). Fundamental and Ethics Theories of Corporate Governance. Middle Eastern Finance and Economics, Vol. 4, pp. 88-96
[2]. Berle, A. and G. Means, 1932, The Modern Corporation and Private Property (New York, Macmillan).
[3]. Bernstein, A. (2000), "Too much corporate power‟, Business Week, 11 September, page 149
[4]. Breitung J. And Pesaran M. H. Unit roots and cointegration in panels. Discussion Paper Series 1: Economic Studies No 42/2005
[5]. Caballero, J., Teruel, G., & Solano, P. (2009). Working capital management in SMEs. Accounting and Finance , Vol.50, No. 3, pp.511-527.

[1] Arnold, T. (2002), "Surprise! Higher Dividends = Higher Earnings Growth", Financial Analysts Journal, 70-87.
[2]Asquith, H.& Mullins, R. (2003). The impact of initiating dividend payments on shareholders' wealth. Journal of Business, 56: 77-
96.
[3] Bhattacharya model (2009). "Imperfect Information, Dividend Policy and the Bird- In-The-Hand Fallacy". The Bell Journal of
Economics, p10.
[4] Ben-David, I. (2010). Dividend Policy Decisions Working Paper, The Ohio State University.
[5] CBK,(2013)," Annual Bank Supervision Reports." Nairobi, CBK publishers

[1]. Albayrak, Y. E., & Erkut, H. (2005). Banka Performan Değerlendirmede Analitik Hiyerarşi Süreç Yaklaşımı. İstanbul Teknik Üniversitesi Mühendislik Dergisi, 47-58.
[2]. Aydoğan, K., & Çapoğlu, G. (1989). Bankacılık Sistemlerinde Etkinlik ve Verimlilik: Uluslararası Bir Karşılaştırma. Ankara: MPM Yayınları:397.
[3]. Baykara, H. V. (2012). Katılım Bankalarında Etkinlik ve Verimlilik Analizi. Gaziosmanpaşa Üniversitesi Sosyal Bilimler Enstitüsü, 1-121.
[4]. Cingi, S., & Tarım, A. (2000). Türk Banka Sisteminde Performans Ölçümü DEA Malmquist TFV Endeksi Uygulaması. TBB, AraĢtırma Tebliğleri Dizisi(1), 2.
[5]. Çetin, A. C., & Bıtırak, İ. A. (2010). Banka Karlılık Performansının Analitik Hiyerarşi Süreci İle Değerlendirilmesi: Ticari Bankalar ile Katılım Bankalarında Bir Uygulama. Alanya İşletme Fakültesi Dergisi, 75-92.