Purpose -The purpose of this paper is to investigate the determinants of capital structure using a cross-section sample of 1,481 non-financial firms listed on the Chinese stock exchanges in 2011. Design/methodology/approach -Employing four leverage measures (total leverage and long-term leverage...

Purpose – The purpose of this paper is to investigate the determinants of capital structure using a cross-section sample of 1,481 non-financial firms listed on the Chinese stock exchanges in 2011. Design/methodology/approach – Employing four leverage measures (total leverage and long-term...

Purpose –This paper develops the approach suggested by Howe et al. to examine the impact of cross-listings on stock price volatility in Europe. Design/methodology/approach - A modified generalized autoregressive conditional hetero-skedasticity (GARCH) modeling approach as suggested by Li and...

Purpose – This paper develops the approach suggested by Howe et al. to examine the impact of cross‐listings on stock price volatility in Europe. Design/methodology/approach – A modified generalized autoregressive conditional hetero‐skedasticity (GARCH) modeling approach as suggested by...

Purpose - This paper examines whether earnings and its components are relevant and sufficient to bridge the gap between banks' market and book values, and also considers if bank efficiency is “value relevant” for banks valuation. Design/methodology/approach -This paper follows the value...

This paper examines the cost and profit productivity of European co‐operative banks between 1996 and 2003 using the parametric productivity decomposition suggested by Berger and Mester (2003). We find that over the period co‐operative banks benefited from substantial gains in both profit and...

Purpose – This paper examines whether earnings and its components are relevant and sufficient to bridge the gap between banks' market and book values, and also considers if bank efficiency is “value relevant” for banks valuation. Design/methodology/approach – This paper follows the value...