In this paper, we examine the financial literacy, thus the financial behaviour of 352 Greek households. In turn, we compare our findings with results from a similar survey we conducted on an equivalent sample of small and medium-sized enterprises (SMEs). Our aim was to realise if there is any...

By considering different systems of legal protection this study examines the impact of capital structure on the performance of listed firms in European region. Based on 5050 listed firms in eight European countries, the results of the study reveal that the owners in low level of legal protection...

It is the position of this paper that recent financial crises have been amplified, if not created, by the sin of professional financial untrustworthiness. Trust is the bedrock of financial behaviour and without trust, financial markets fail as efficient resource allocators. Sin is identified as...

The purpose of this study is to examine the role financial knowledge of small- and medium-sized enterprises (SMEs) might play in their financial behaviour. To this end, we employ a structured questionnaire survey addressed online to a convenient sample of 352 SMEs located in Greece. Using a...