Showing 1 - 10 of 16
<title>Abstract</title>This paper explores whether and how environmental dynamics can affect foreign and domestic survival. Utilizing a unique longitudinal data set with 420 manufacturing plants created in the protected developing Greek economy (1960-1980), we test these plants' ability to survive in the new,...
Persistent link: https://www.econbiz.de/10010972905
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
This paper compares cross-border acquisition with Greenfield foreign direct investment (FDI). It investigates the impact of these two FDI modes on the long-term performance of foreign subsidiaries. By focusing on the performance of the foreign affiliate, it departs from the rich survival...
Persistent link: https://www.econbiz.de/10009212973
This study analyses the impact of liberalization on market structure and pricing in the Greek telecommunication market from 1992 to 2005. The data refers to 44 of the most prominent companies of fixed telephony, mobile telephony and internet services and was compiled by means of interviews with...
Persistent link: https://www.econbiz.de/10010549528
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
The present study adds evidence, from three former emerging and currently transition countries along with two EU member countries of South and Eastern Europe, relevant to the market risk their stock exchanges possess under the same global financial environment. In order to assess market risk, we...
Persistent link: https://www.econbiz.de/10010668734
This study examines whether auditor reporting in Greece is associated with different levels of discretionary accruals -- a common proxy for earnings management. We focus our research on 91 cases of quoted companies on the Athens Stock Exchange (ASE). These are listed companies that were asked in...
Persistent link: https://www.econbiz.de/10005754596
The purpose of this paper is to investigate the perceptions of managers concerning the impact of institutional liberalisation of telecommunication industry on market functioning and business growth. The empirical analysis is based on a survey of 44 telecommunication companies operating for the...
Persistent link: https://www.econbiz.de/10010691754
Persistent link: https://www.econbiz.de/10005809556
This study examines whether auditor reporting in Greece is associated with different levels of discretionary accruals – a common proxy for earnings management. We focus our research on 91 cases of quoted companies on the Athens Stock Exchange (ASE). These are listed companies that were asked...
Persistent link: https://www.econbiz.de/10008538804