This research seeks to develop a better understanding of the factors affecting on-line purchasing behavior among Generation Y (Gen Y) consumers in Bulgaria. Also called millenials and born between the mid-1970s and late 1990s, this generation is especially active online and will be a dominant...

This paper carries out an empirical test of the Environmental Kuznets Curve hypothesis with Bulgarian data on pollution and GDP per capita for the years 1970-2008. The existence of such a curve is confirmed in most cases.

This paper uses a unique US dataset to analyze the demand for Directors' and Officers' liability insurance. This insurance protects managers most ly from sha reholder litigation. Corporate insurance presents a much different environment than individual insurance and calls for in-depth empirical...

This paper executes a simple event study of the effects of securities litigation on stock returns. Securities litigation is a common occurrence on the US investment markets, via which shareholders aim to recover losses they have suffered as a result of managerial misconduct. Filing lawsuits,...

This paper investigates how manipulating different earnings components will affect the likelihood of accounting-related shareholder litigation. Firms can manipulate earnings upward by accelerating revenue recognition, understating expenses, and overstating gains associated with special items....

The probability for shareholder litigation is studied and how corporate governance characteristics and other factors explain it. Shareholder litigation results from failure of corporate governance. Thus a better quality of corporate governance is hypothesized to decrease the litigation...