The paper provides new evidence on the way that both the cash and ownership influence firms' market value in the Athens Stock Exchange (ASE) within the Eurozone (2000-2015). Based on corporate governance theory and critical analysis we use the dynamic panel data econometrics, in order to get...

We investigate the relationship of the market pricing of sovereign risk to default, through CDS spreads for 16 Eurozone countries during 2008q1-2013q3. We take into account, through appropriate non-linear GMM estimations the endogeneity problem. We focus on “fiscal space” (DEBT or FISCAL),...

We contribute by approaching this epistemological question ontologically, i.e., by focusing on the meaning of tax evasion whose causalities tested by the literature we also survey here. There could be no progress on the economic knowledge because axiological critic we use is self-complete and...

Purpose - The purpose of this paper is to provide empirical evidence for the effective management of working capital and for its impact on the performance of Greek listed companies in terms of profitability, performance and market valuation. Design/Methodology/approach -This research approach is...

The paper explores gender wage gap as well as educational level, work experience and age in the Hellenic maritime companies by utilizing the European Structure of Earnings Surveys of 1995 and 2002. The nonparametric statistical analysis used shows that even though the male female wage...

The issue of capital structure of companies is one of the most debated problems of financial management. According to economic theory, capital structure determines the stock market value of firms and therefore their viability, while one of the most negative result of the crash of 2008 and the...

Purpose – The purpose of this paper is to examine how financial characteristics associated with the choice of a big audit firm with further investigation on the agency costs of free cash flows.Design/methodology/approach – The sample used for this work includes industrial listed companies...

Purpose The main purpose of this chapter is to define the concept, scope and importance of a feasibility study when developing a new business venture. It also presents the main components of a feasibility study by describing a feasibility study template. Methodology/approach A literature review...

The main object of this research focuses on the empirical study of the causal relation among the degree of openness of the economy, the financial and economic growth using a multi-variate autoregressive model VAR. The long-term relation among GDP, the financial development and the degree of...