The purpose of this paper is to verify if some risk-return characteristics of mutual funds are clearly related to their size. Assuming a multidimensional setting where various funds characteristics can be explicitly and simultaneously considered. The paper applies PROMETHEE methodology, based on...

The application of the computer to the servicing of deposit accounts at banks and non-bank financial intermediaries is a fairly recent development. Most empirical studies of economies of scale in this industry date prior to this technological transition. There is one notable exception, however,...

This paper presents a clear and complete synthesis of the most important theoretical and empirical developments relating to the firm's capital structure in the last decade. Within the confines of this objective, an attempt is made to analyse the discussions surrounding this central theme and to...