Credit risk measurement remains a critical field of top priority in banking finance, directly implicated in the recent global financial crisis. This paper examines the dynamic linkages between credit risk migration due to rating shifts and prevailing macroeconomic conditions, reflected in...

Credit risk measurement remains a critical field of top priority in banking finance, directly implicated in the recent global financial crisis. This paper examines the dynamic linkages between credit risk migration due to rating shifts and prevailing macroeconomic conditions, reflected in...

The study presents an application of multivariate regime switching copula models, in order to model the joint distributions of selected hedge fund classes/strategies and traditional capital markets. Our empirical interest focuses on testing for the presence of any asymmetric dependence...

The study applies an integrated empirical framework, in order to investigate the impact of financial decisions (debt and dividend policies) on corporate performance and firm market value. Particular attention is paid to the joint implications associated with different ownership and corporate...

The paper examines the financial statements and accounts of the twelve major Greek ports and proceeds to an empirical evaluation of the port entities' financial performance over a time span that corresponds to the sector's reorganization. Since the late 1990s the port sector in Greece has...