This paper investigates whether the ownership structure influences the risk taking of the Tunisian quoted banks over the period 2000-2008. Overall, it can be gathered from the results of this study that the effect of ownership structure on bank risk taking varies according to the type of risk....

In this study, we investigate the association between bank performance and governance index of the Tunisian quoted banks. On the one hand, we estimate two types of banking governance index, such as the shareholder governance index and the stakeholder governance index using the data envelopment...

This paper attempts to model the risk return relationship within the CAPM using the copula theory. Applying the Gaussian copula and using the inference functions of margins (IFM) method on both Tunisian and international data, the results indicate that a linear and a monotonous specification of...

We present evidence consistent with theories that psychological biases affect rationality decision of managers. We find a strong evidence on the effect of managerial psychology on corporate investment decision's rationality. Using models estimation from a Tunisian context, we find that the...

The relation between corporate governance and the financial decisions presents a rich subject but less pronounced in corporate finance. The purpose of this article is to study the impact of the ownership structure on the debt policy of the Tunisian companies. From the econometric tests applied...