This study investigates the causal links between trade openness and government size for an EMU member country, Greece, during the period 1960-2009. For this purpose, cointegration test, error correction model and Granger-causality analysis are employed. Robust empirical findings on the long-term...

This paper investigates the financial performance of commercial banks in Greece for the period 2007-2011, which is marked by the severe financial crisis. The efficiency assessment of Greek banks is based on financial figures and ratios. For this purpose a representative dataset of seven Greek...

This paper tests for the existence and direction of causality between electricity consumption and real gross domestic product for Greece. The study examines a trivariate system with capital formation for the period 1980-2010. Robust empirical results indicate that all variables are integrated of...

This paper investigates calendar anomalies for four emerging stock markets (Romania, Bulgaria, Croatia and Turkey) and their mature counterpart in the Balkan region (Greece), during the period 2000-2008. Five well known calendar effects on both return and volatility are examined: The day of the...

This paper is the first research attempt that investigates the impact of a large number of corporate governance mechanisms on the performance of Greek banks, employing widely accepted in the literature of corporate governance econometric models. Results indicate that system GMM models are more...

The recent financial crisis has heightened the research interest worldwide in the relationship between various corporate governance (CG) mechanisms and firm performance. Nevertheless, few published papers focus on investigating this nexus for the case of the banking industry. This study is the...