Purpose - The aim is to evaluate the performance of symmetric and asymmetric ARCH models in forecasting both the one-day-ahead Value-at-Risk (VaR) and the realized intra-day volatility of two equity indices in the Athens Stock Exchange. Design/methodology/approach - Two volatility specifications...

The Intercontinental Exchange's current attempted acquisition of NYSE-Euronext is the third takeover proposal in as many years. In this article the two previous attempts are reviewed and lessons are drawn from an antitrust and competition policy perspective concerning the evolving competitive...

In response to recent criticisms of audit committee performance, new SEC and stock exchange rules require companies to prepare an audit committee charter and to publish the charter in their proxy statement at least once every three years. Audit committees also must disclose how they discharged...

This study is concerned with investigating the structural relationship between stockmarkets and economic variables in different countries. In investigating the relationships, the following six questions are posed:- Are stock markets in the United States, the United Kingdom, West Germany, France,...