This paper uses a data set from FYROM Stock Exchange to investigate the presence of calendar effects in this recently organised equity market during the period 2002–2008. Five well known calendar effects are examined by both mean (OLS) and variance (GARCH) regressions; the day of the week...

This study utilizes quantile regressions to investigate the effect of the determinants of share repurchases on firms at different points of the share repurchases distribution. Empirical results from a large panel of NYSE repurchasing firms, document an asymmetric effect of several determinants...

This study investigates the financial system–growth relationships for a panel that includes the twenty-eight member states of the European Union (EU) for the period 1999–2012. Considering that the Euro currency is currently adopted by only seventeen member states, the originality of this...