Pasiouras, Fotios; Liadaki, Aggeliki; Zopounidis, Constantin - In: Applied Financial Economics 18 (2008) 14, pp. 1121-1130
This article examines for the first time the association between the efficiency of Greek banks and their share price performance. Our analysis consists of three parts. First, we calculate the annual share price returns of the banks for each year between 2001 and 2005. Then we use data...