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evidence using data before and after the financial crisis of 1999‐2001 in Greece.  …
Persistent link: https://www.econbiz.de/10014940002
-2001 in Greece. …
Persistent link: https://www.econbiz.de/10010757788
‐2001 in Greece.  …
Persistent link: https://www.econbiz.de/10014940000
seasonality in returns to style portfolios, which serve as important benchmarks for asset allocation, and investigate its … than the buy-and-hold strategy.In chapter 3, we establish the presence of seasonality in the cash flows to the U … make their investment decisions. We offer the possible sources for the seasonality in mutual funds flows. …
Persistent link: https://www.econbiz.de/10009475790
This paper sheds further light on whether short selling can be associated with negative returns in the spot market. It provides evidence for the case of the capital market of the Athens Exchange (ATHEX) that is empirically tested for the first time, during the period 2003–2007. This market...
Persistent link: https://www.econbiz.de/10009352476
Purpose – The purpose of this paper is to examine the relationship between beta and returns in the Athens stock exchange (ASE), taking into account the difference between positive and negative market excess returns' yields. Design/methodology/approach – The data were taken from DataStream...
Persistent link: https://www.econbiz.de/10009274310
Purpose – This study aims to test empirically the validity of the accounting valuation model that is based on earnings and book values for loss-reporting firms under a conservative accounting regime. Design/methodology/approach – The empirical tests are performed by employing returns models...
Persistent link: https://www.econbiz.de/10009275425
Purpose – The purpose of this paper is to examine, whether or not, the residuals of the market model (MM) are conditionally heteroscedastic; to examine, whether or not, there exists an intervalling effect in conditional heteroscedasticity in the residuals of the MM; to propose a simple...
Persistent link: https://www.econbiz.de/10010610659
Purpose - The purpose of this paper is to examine the determinants of profitability for a sample of Greek non-financial firms listed in the Athens Stock Exchange for the period 1995-2003. This is a very important period for the Greek economy on the way to European monetary union (EMU)....
Persistent link: https://www.econbiz.de/10010814820
efficient than underlying stock markets in Greece. Practical implications - The results have important implications for both …
Persistent link: https://www.econbiz.de/10010814884