Purpose – The purpose of this paper is to perform an exploratory study of depositary receipts (DRs). In addition to the geographical analysis it tests several hypothesis linked to various DRs’ issues. Design/methodology/approach – Using the publicly available The Bank of New York’s (now...

The present paper is focused on the examination of long-run relationships between specific stock indices and a number of economic factors in the Athens Stock Exchange (ASE) during the period between 1989 and 2006. After a theoretical and empirical review of unit root and cointegration analysis...

The aim of this study is to empirically examine the four elements of intellectual capital (human capital, customer capital, structural capital and innovation capital) and their relationship with business performance in the Athens Stock Exchange (ASE). This study was conducted based on a...

The paper explores differences as well as commonalities in corporate risk management practices and risk exposures in the large non-financial Slovenian and Croatian companies. Comparative analysis of survey results have revealed that the majority of analysed companies in both Croatia and Slovenia...

Traditional accounting performance measures, such as EPS, ROI, ROE, have been long used by investors to evaluate companies’ implemented and future strategies. However, in recent years the appearance of shareholder value approach and its modern value-based performance measures, such as EVA and...

For a long time it was believed that corporate risk management is irrelevant to the value of the firm and the arguments in favor of the irrelevance were based on the Capital Asset Pricing Model and the Modigliani-Miller theorem. However, it is apparent that managers are constantly engaged in...

Purpose – The purpose of this paper is to investigate the various methods and techniques used by Greek investors (both professional and individuals) when evaluating potential additions to their investment portfolios. Design/methodology/approach – The paper uses both a questionnaire survey...