Recently, in the banking sector, consideration of corporate environmental information has been increasingly incorporated into the decision-making process. This trend is a result of the relationship between environmental and credit risk and the growing demand from banks for this information....

The growth and expansion of firms into foreign markets have resulted in the aggregation of financial information that includes non-homogeneous elements. This paper seeks to investigate the difficulties of reporting on segments of a business. Emphasis will be laid on analysing the existing...

This paper investigates whether current and future domestic and international macroeconomic variables can explain long and short run stock returns in four 'new' European countries (Poland, Czech Republic, Slovakia and Hungary). 'Old' western European countries (UK, France, Italy and Germany) are...

The purpose of this paper is to provide some insights into the main determinants for the success of an acquisition. The focus of this analysis will be on the acquisitions in South Eastern Europe and more specifically in Greece. Our findings suggest that the success of an acquistion is linked to:...

Both financial and non-financial firms routinely implement hedging policies to mitigate their exposure to changes in asset prices. For a bond portfolio holder, hedging is usually accomplished using futures contracts. In Greece the Greek government regularly issues bonds of varying maturities,...

The banking sector has undergone many changes after liberalisation of the Indian economy and introduction of information technology in banking in India. The technology-related factors have changed the way the banking is done. Despite all these changes, it is the human touch and customer...

This paper is concerned with the characteristics of the innovation process. It is aimed at understanding the systemness characteristics or multi-party interdependence in the development process. The study explores the innovations of ATM/cash cards, credit cards and EFTPOS/debit cards to...

The option pricing model has widespread applications related to both financing and investing decisions in financial as well as commodity markets. However, the Black-Scholes option pricing model is not a user-friendly numerical method and it is often very complicated for students to understand....

The present study adds evidence, from three former emerging and currently transition countries along with two EU member countries of South and Eastern Europe, relevant to the market risk their stock exchanges possess under the same global financial environment. In order to assess market risk, we...

This paper presents the structural model of competition in the Thai banking system. The increased competition after the financial crisis has made it necessary for Thai banks to adapt and improve all their operations. In the past ten years, the structure of the Thai banking system has changed...