Showing 1 - 10 of 23
In this paper we estimate the relationship between stock prices and exchange rates in EU and USA during the period of recent financial crisis (2008–2012) and compare the results with those in a previous period where stock markets were operating under normal conditions. According to the...
Persistent link: https://www.econbiz.de/10010665651
Purpose – The main purpose of this study is to examine the possibility of prediction of Greek takeover targets that belong to the industrial sector, emphasizing the econometric methodology and the prediction test. Design/methodology/approach – The study uses a sample of 51 targets and 290...
Persistent link: https://www.econbiz.de/10010611034
Purpose: The purpose of this paper is to examine two novel theories that concern the relationship between stock market development (SMD) and foreign direct investment (FDI). The authors focus on Greece that was demoted to the emerging market category in 2013–2014 in the international lists....
Persistent link: https://www.econbiz.de/10012074389
We study the financial determinants of cash holdings and discuss the importance of firm size in the post-crisis period. We employ panel data regression analysis on a sample of 6629 non-financial and non-utility listed companies in the United Kingdom from 2010 to 2018. We focus on the comparative...
Persistent link: https://www.econbiz.de/10012611409
This paper presents an analysis of the factors affecting foreign direct investments, focusing on governance quality and adoption of International Financial Reporting Standards on countries of the Gulf Cooperation Council, which are a special case of study due to their idiosyncratic...
Persistent link: https://www.econbiz.de/10012611820
In this paper, we investigate the possibility of predicting takeover targets in Greece, which is an incipient market for acquisitions. Our work is based on recursive partitioning techniques, that is decision-tree models, given that takeover likelihood models (such as logit) are not robust over...
Persistent link: https://www.econbiz.de/10008580396
This study tests the 'Market for Corporate Control' hypothesis in a small open economy. The results appear to favour rejection of this hypothesis indicating that acquisitions have not been driven by managerial-disciplinary motives. Moreover, it is found that a logit model outperforms other...
Persistent link: https://www.econbiz.de/10005471411
In this paper, we investigate the possibility of predicting takeover targets in Greece, which is an incipient market for acquisitions. Our work is based on recursive partitioning techniques, that is decision-tree models, given that takeover likelihood models (such as logit) are not robust over...
Persistent link: https://www.econbiz.de/10005233166
The main purpose of this paper is the identification of the characteristics of takeover targets in a small open economy like Greece, using the market for corporate control (MCC) hypothesis as theoretical background. Contrary to this hypothesis, the results indicate that the motives for merging...
Persistent link: https://www.econbiz.de/10005177859
Persistent link: https://www.econbiz.de/10011440428