The present study investigates the effect of systematic risk, size and value on the returns of stocks of the secondary and the tertiary sector of the Athens Stock Exchange. The holdout sample is divided in two sub-samples, for the period 1997–2006. The methodology employed is the...

According to the International Capital Asset Pricing Model (ICAPM), the covariance of assets with foreign exchange currency returns should be a risk factor that must be priced when the purchasing power parity is violated. The goal of this study is to re-examine the relationship between stock...

Purpose – The purpose of this paper is to look at the main empirical findings related to the bank‐insurance model and to outline the market practices across the world. The market dynamics underpinning the bancassurance phenomenon are analyzed alongside discussions of the various...