Showing 1 - 10 of 174
Persistent link: https://www.econbiz.de/10005382129
This paper investigates the presence of the relationship between private and government consumption through panel data techniques. Using a panel from different transitional countries, from 1990 to 2003, it applies the panel cointegration and causality methodologies. The study finds statistical...
Persistent link: https://www.econbiz.de/10009351176
The purpose of this study is to examine the cash conversion cycle as an indicator of the company’s liquidity, to determine the relationship of the cash conversion cycle with the current and the quick ratios and with its component variables, and to investigate the implications of the cash...
Persistent link: https://www.econbiz.de/10010790683
Persistent link: https://www.econbiz.de/10010867107
Purpose – To investigate the Central and Eastern European (CEE) equity market co-movements before, during and after major emerging market crises. To examine the impact of the crisis on the gains of international portfolio diversification in CEE. Design/methodology/approach - The study is based...
Persistent link: https://www.econbiz.de/10010741352
Purpose – To investigate whether a stock split is still considered a policy that creates value for the underlying company and the rationale behind such action for companies listed on the NASDAQ. Design/methodology/approach - The event study methodology of Strong is employed to examine the...
Persistent link: https://www.econbiz.de/10010741360
This study examines a combination of comovement and integration effects on volatility of home cross-listed equities in three Germanic markets (Frankfurt, Zurich and Vienna). Specifically, we investigate the impact of lagged stock prices and lagged futures contracts on asymmetric (bad and good...
Persistent link: https://www.econbiz.de/10010943020
Purpose – The purpose of this paper is to empirically investigate stock price and trading volume reactions to simultaneous interim dividend and earnings announcements by the Greek firms listed on the Athens stock exchange (ASE). Design/methodology/approach – Classical event study methodology...
Persistent link: https://www.econbiz.de/10005008744
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 – The purpose of this paper is to examine volatility transmissions between portfolios of cross-listed equities and exchange rate differences and also the volatility persistence for home, foreign equities, and exchange rate differences in the UK and German markets....
Persistent link: https://www.econbiz.de/10009392949