This paper investigates the reaction of Greek banks’ stocks to three major international terrorist events (September 11 2001 attacks in New York, Madrid train bombing in March 11, 2004 and London train bombing in July 7, 2005). Using event study methodology and market model, this study finds...

The Greek banking landscape has experienced substantial changes and restructuring since the mid 1990s. This paper examines the financial performance and the implications of Greek banks’ mergers and acquisitions that took place during the period 1996-2009. With the use of event study...

Purpose –The purpose of this paper is to examine the current regulatory framework of Greek Deposit and Investment Guarantee Fund, trying to show solutions for strengthening it. Design/methodology/approach -This paper aims to investigate the deposit and investment guarantee fund in Greece by...

GIANNIAS D., LIARGOVAS P. and MANOLAS G. (1999) Quality of life indices for analysing convergence in the European Union, Reg. Studies 33 , 27-35. This paper investigates convergence and tests it empirically across countries of the European Union between 1970 and 1990. Convergence is defined not...

This paper examines the behavior of households and firms in the presence of variations in regional characteristics that affect their location decisions. It then determines relevant equilibrium conditions. Based on the implications of these equilibrium conditions, firm and household locations can...

Foreign market entry can play a very important role in a nation's economic prosperity. This study concentrates on the evaluation of specific characteristics of the export decision process and is focused on factors that stimulate firms to export or inhibit them from doing so. The analysis is...

Foreign market entry can play a very important role in a nation's economic prosperity. This study concentrates on the evaluation of specific characteristics of the export decision process and is focused on factors that stimulate firms to export or inhibit them from doing so. The analysis is...

This study explores the influence of financial leverage and of management competence on firm performance using a sample of 102 listed firms in the Athens Stock Exchange. It is found that leverage contributes significantly to sales growth, stock returns, and profitability due to management...

This paper uses firm level panel data to investigate, empirically, the effects of leverage and other key variables on the financial performance of business in the Greek economy during the period 1997–2004; a period during which Greek firms were making adjustments to meet the requirements of the...