This paper uses firm level panel data to investigate empirically the effects of leverage and other key variables on the financial performance of firms in the Greek economy during the period 1997-2004; a period combining some years before and after the advent of the Economic Monetary Union (EMU). The...

This paper constructs an index for management competence. It tests the validity of this index in a sample of Greek listed firms. It is shown that management competence contributes significantly to sales growth, to firms’ shares return and profitability.

The purpose of this paper is to empirically implement a comprehensive analytical framework of financial performance in the case of Greek industrial firms during the period 1997-2004. The paper examines the impact of key determinants of firms’ financial performance. We distinguish between...

The purpose of this study is twofold. First, to conceptualize various internal, external and strategic factors explaining the motivation and the marketing strategy of Greek exporting firms based on a strategic management model. Second, to empirically test this model in the case of Greek...

This paper tries to explain the recent currency crisis in Iceland and draw some policy lessons. It shows that the recent currency crisis in Iceland is mainly due to a loose monetary policy preceding the crisis. Structural reforms which could have prevented the occurrence of the crisis were missing.

The present study undertakes a comparative analysis of the development of business incubators and technoparks in the EU member countries. We estimate three intensity indicators for business incubators and technoparks activity and use both a uniform and a weighted rank order of the EU member...

The paper analyses the regional determinants of manufacturing start-up ratios in Greece. Emphasis is placed upon analysing the effect of agglomeration economies, which are distinguished between urbanisation, and localisation economies. The data refer to establishments realised in the 51 Greek...

This paper analyses the effect of the spatial context upon entrepreneurship in Greek regions. Cross-sectional data referring to 4,151 births at NUTS III level (prefecture) are used for firm births in four industries. Results indicate that the spatial context of entrepreneurship affects different...

This paper investigates the reaction of Greek banks’ stocks to three major international terrorist events (September 11 2001 attacks in New York, Madrid train bombing in March 11, 2004 and London train bombing in July 7, 2005). Using event study methodology and market model, this study finds...