Purpose – There is growing demand for research approaches that consider the functioning of financial markets in the emerging economy. The current paper aims to examine cointegration and volatility persistence of six Middle East emerging Arabian Gulf Cooperation council (AGCC) equity markets...

Purpose – This paper aims to examine the relationships between disaggregated government fiscal policy variables; private capital investment and economic growth in Ghana, as well as the similarities and differences in the impact of these variables on private investment (PI) and economic growth....

Purpose – This paper aims to examine the impact of crude oil prices on Australian industry stock returns. With rising energy prices, it is important to consider oil as a pricing factor in asset pricing models. Design/methodology/approach – Multifactor static and dynamic models consider crude...

Purpose – The purpose of this study is to examine the pertinence of combining the positioning along the US presidential election cycle and the inversions of the yield curve as a guide for a market timing strategy on the S&P 500. These variables provide warning signals for either an abnormally...

Purpose – The purpose of this paper is to investigate the relationships between stock market returns of 13 countries based upon monthly data spanning December 1987 to April 2007. Design/methodology/approach – Specifically, the principal component (PC) and maximum likelihood (ML) methods are...

Purpose – This paper aims at theoretical exploration of price and quantity setting behaviors of a monopolist encountering uncertain product demand within the mean‐risk frameworks. In the microeconomic literature, the relationships between price and quantity have been traditionally studied...

Purpose – The purpose of this paper is to empirically examine the relative efficiency of eight economic sectors in the Malaysian stock market and the impact of the 1997 Asian financial crisis on the reported sectoral efficiency. Design/methodology/approach – This paper investigates the...

Purpose – The purpose of this paper is to empirically investigate stock price and trading volume reactions to simultaneous interim dividend and earnings announcements by the Greek firms listed on the Athens stock exchange (ASE). Design/methodology/approach – Classical event study methodology...

Purpose – In 2001, Euronext‐Liffe introduced single security futures contracts for the first time. The purpose of this paper is to examine the impact that these single security futures had on the volatility of the underlying stocks. Design/methodology/approach – The Inclan and Tiao...

Purpose – The two aims of this paper are: first, to investigate the market structure of Kuwait banking industry and second, to evaluate the monopoly power of banks during the years 1993‐2002. Design/methodology/approach – The paper examines the market structure using the most frequently...