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In a previous work, Forner and Marhuenda (2001) find that the contrarian strategy, thatis, the forming of a zero … regard to the behaviour of the contrarian strategy, and someimprovements have been made to certain issues. On one hand, the …-periods.Finally, a seasonal analysis of the behaviour of the contrarian strategy is made with a cleardistinction being made between …
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This paper first identifies the level of cyclical systemic risks in Spain, also calibrating their impact on the solvency of the banking system, and, second, assesses the costs and benefits of the countercyclical use of capital requirements. The first part of the paper is based on an integrated...
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This article analizes the convenience of non-profitmaking entities using social audit. These organizations have special characteristics due to their eminently social character. It is difficult to measure these social aspects, but it brings remarkable advantages in many ways. Some examples or...
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