The relation between accounting earnings and firm valuation has long been a topic of interest to academics and stock market participants. The study analyses the relationship between earn-ings quality and firm value using a sample of non-financial firms with shares listed on the Athens Exchange...

The study examines the value creation of Merger and Acquisition (M&A) deals in European Banking from 1990-2004. This is performed, first, by examining the stock price reaction of banks to the announcement of M&A deals and, second, by analysing the determinants of this reaction. The findings...

This paper examines the relationship between currency futures returns by employing a test for non-linear causality. The results indicate evidence of unidirectional non-linear causality relationship in four cases. However, after filtering the returns using a GARCH (1,1) model we find...

Using data of bank loans to Greek firms during the Greek crisis we provide evidence that affiliated firms, having access to the internal capital markets of their associated group, are less likely to default on their loans. Furthermore, banks require lower loan collateral coverage from affiliated...