Showing 1 - 10 of 12
Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in Europe. We find that (i) larger firms are less efficient than smaller firms, (ii) greater leverage contributes to corporate efficiency, and (iii) high competition is less...
Persistent link: https://www.econbiz.de/10010510115
Persistent link: https://www.econbiz.de/10011316526
Persistent link: https://www.econbiz.de/10010235638
Persistent link: https://www.econbiz.de/10011532790
We analyze the dynamics of price jumps and the impact of the European debt crisis using the high-frequency data reported by selected stock exchanges on the European continent during the period January 2008 to June 2012. We employ two methods to identify price jumps: Method 1 minimizes the...
Persistent link: https://www.econbiz.de/10013071459
We characterize the price discovery in three emerging EU stock markets — the Czech Republic, Hungary, and Poland — by … employing high-frequency five-minute intraday data on stock market index returns and four classes of EU and U.S. macroeconomic …-time interactions on the new EU markets are strongly determined by matured stock markets as well as the macroeconomic news originating …
Persistent link: https://www.econbiz.de/10013157122
old and new EU members …
Persistent link: https://www.econbiz.de/10013012918
Persistent link: https://www.econbiz.de/10012545642
Persistent link: https://www.econbiz.de/10010191608
Persistent link: https://www.econbiz.de/10012483256