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...

Purpose – There are several studies that investigate evidence for mean reversion in stock prices. However, there is no consensus as to whether stock prices are mean reverting or random walk (unit root) processes. The goal of this paper is to re-examine mean reversion in stock prices....

Purpose – The purpose of the paper is to examine the seasonal structure in the German monetary aggregate M1 and output by means of fractional integration techniques. Design/methodology/approach – The authors use a version of the tests of Robinson that permits testing seasonal I (d) models...

Purpose – The purpose of this paper is to examine the interest rate risk management (IRRM) practices of UK companies. In particular, the study examines five theories that have been advanced in the literature to explain why companies hedge: tax and regulatory arbitrage; under-investment,...

Purpose – This paper analyzes the responsiveness of different ownership forms to changing business environment by drawing on Turkish experience. Design/methodology/approach – This study is conducted in two stages. In the first stage, the paper uses Malmquist index theory, to estimate the...

Purpose – The purpose of this study is to examine the factors of exchange rate volatility from the macroeconomic perspective for four neighbouring ASEAN economies. Design/methodology/approach – This study has scrutinised the link between macroeconomic factors and exchange rate volatility in...

Purpose – This paper's aim is to test for the presence of fractional integration, or long memory, in the daily returns of the Portuguese stock market using autoregressive fractionally integrated moving average (ARFIMA), generalised autoregressive conditional heteroskedasticity (GARCH) and...

Purpose – This study seeks to examine the effect of industry classification on the capital structure of SMEs in Ghana. Design/methodology/approach – The analytical technique employed is regression framework with various capital structure measures as dependent variables, and with industry as...

Purpose – This paper sets out the reasons for putting together a special issue of the Journal on Qualitative Research in Finance, discussing the pedigree of the approach, and outlining the articles contained therein. Design/methodology/approach – The approach adopted in this paper involves...

Purpose – The purpose of this paper is to examine the relationship between estimated default frequencies (EDFs) and a government index that proxies for takeover defense provisions for publicly-traded financial institutions from 2002 to 2004. Design/methodology/approach – Using a sample of...