This paper examines how the largest stock market of the world, the U.S., and particularly the S&P500 index, reacted during the COVID-19 outbreak (02.01.2020-30.04.2020). Using simple financial and corporate analysis (adopting Constant Growth Model) procedures for our theoretical framework, we...

This paper examines how the largest stock market of the world, the U.S., and particularly the S&P500 index, reacted during the COVID-19 outbreak (02.01.2020-30.04.2020). Using simple financial and corporate analysis (adopting Constant Growth Model) procedures for our theoretical framework, we...

The purpose of this paper is to suggest a new approach that improves the conventional Historical Value-at-Risk (HVaR) estimations' accuracy and can be easily applied by anyone. The main assumption for the newly suggested method is “the more representative to the financial conditions the data...

Purpose – The purpose of this paper is to re-examine in detail the banking window dressing (WD) theory. Using data from the Greek banking industry during the euro period (2001-2013), the results suggest that there are signs of upward assets and deposits WD. Moreover, it tries to explain, using...

This study highlights some deficiencies of the stock markets' risk legislation framework, and particularly the CESR (2010) guidelines. We show that the current legislative framework fails to offer incentives to financial management companies to invest in advanced models for more representative...

Even though econometric and technological advances have contributed to the vast risk modelling literature, practitioners in most cases use the simplest and most conventional approaches in order to avoid algorithmic complexity and increased costs. In this study we present a new approach which...