Showing 1 - 10 of 116
Purpose – The purpose of this paper is to assess the efficiency of individual branches of a large Greek bank through … conceptual (parametric functional form-loglinear) models: one focusing on transaction and one on production efficiency. The DEA … assessment using the transaction efficiency model is performed under the specifications of constant or variable returns to scale …
Persistent link: https://www.econbiz.de/10010611016
Outlines the deregulation of banking in Greece and previous research on measuring banking efficiency. Uses 1993 … of operating income, as the private banks increased their efficiency. Finds the relative efficiency measured by data … envelopment analysis supports the greater efficiency of private banks although the difference is only significant at the 5 per …
Persistent link: https://www.econbiz.de/10014939569
Outlines research on the factors which reduce stock market efficiency and the particular characteristics of the Athens … stock exchange (Greece). Uses 1988‐1994 Greek monthly returns data for share actively traded during the period to test for … walk hypothesis, i.e. suggest weak‐form efficiency. Notes inconsistency with some previous research on the Athens stock …
Persistent link: https://www.econbiz.de/10014939588
Greece, and its emerging stock market, the Athens Stock Exchange (ASE). The sequence of tests conducted, ranging from tests … of structural change to several efficiency tests, suggest that the Greek equity market was weak‐form efficient before …
Persistent link: https://www.econbiz.de/10014939664
Purpose – The purpose of this paper is to assess the efficiency of individual branches of a large Greek bank through … conceptual (parametric functional form‐loglinear) models: one focusing on transaction and one on production efficiency. The DEA … assessment using the transaction efficiency model is performed under the specifications of constant or variable returns to scale …
Persistent link: https://www.econbiz.de/10014940253
Purpose – The purpose of this paper is to investigate the impact of dividend initiations on shareholders’ wealth using a sample of 38 Greek listed firms. Design/methodology/approach – The event study methodology of Brown and Warner was employed to examine the share price reaction to...
Persistent link: https://www.econbiz.de/10009245370
Purpose – Most investors' retirement portfolios have inter-period cash inflows. The standard time-weighted mean return (or geometric mean return) is generally used to report returns on investors' retirement portfolios. The purpose of this paper is to examine the standard time-weighted mean...
Persistent link: https://www.econbiz.de/10009319836
disaggregated into technical efficiency change and technological change, whereas technical efficiency change is decomposed further … into pure technical efficiency change and scale efficiency change. Findings – The results are mixed. The first model …
Persistent link: https://www.econbiz.de/10009319840
Purpose – The purpose of this paper is to examine the effect of the mandatory adoption of corporate governance mechanisms on serious firm issues (earnings manipulation, management effectiveness and firm's financing). Design/methodology/approach – Cross-sectional analysis is employed to...
Persistent link: https://www.econbiz.de/10009319851
Tobin's q in Greece. Another attempt related to Simon and Sallivan's research had never been done, either in marketing or …
Persistent link: https://www.econbiz.de/10009320525