In the electricity spot market the various competitive levels, as well as their subsequent changes in the market equilibrium, are justified by the simultaneous quantity game between electricity generators. It is expected that the dominant market players employ differentiated strategic...

This paper is part of a broader study about international production taking into account the relationships between Portuguese Small and Medium-sized firms (SMEs) and foreign multinationals (MNCs). Its importance lies in the complementary linkage MNCs exercise on SMEs. This paper addresses and...

This paper seeks to analyse how behavioural factors influence the financial decisions of young Mozambican investors. The standard theory of finance assumes investors make rational financial decisions, seeking to minimise risk and maximise their expected utility. However, several studies have...

To forestall future financial crises, risk governance has been embraced as a line of defense. Therefore, this paper seeks to synthesize the risk governance literature, identifying gaps, and suggesting direction for future research, through a systematic literature review (SLR). Analyzing 151...

The magazine Exame 500 publishes each year a listing of the top 500 companies by sales volume, along with accompanying financial indicators. This rich data set is underutilized in the analysis performed by Exame 500, rankings and relative performance being assessed in a naïve fashion. This...

This paper estimates the relationships between bidding quantities, marginal cost and market power measures in the Spanish wholesale electricity market for two different regulatory periods: 2002–2005 and 2006–2007. Using panel econometric techniques we find differences in the impacts on...