There are techniques available for reducing and managing financial risk; the most widely used is hedging with futures contracts. A considerable amount of research has focused on modelling the Read More »
The goal of this paper is to identify the key financial distress performance indicators of local governments by using published financial data. Thus, using proper financial ratios the financial Read More »
Purpose: There is an increasing trend and pressure on public sector entities (PSE) to broaden the scope of their financial responsibilities from accounting to accountability. To demonstrate Read More »
This study tries to identify if the financial risk of foreign exchange exposure is neutralized or not for any given importer hedging an average of euro 100,000 per month with forward contracts. The Read More »
Compared with previous research, the present work extends existing literature by considering pair-wise long-run relations between banks’ shares trading in the Greek stock market, under different Read More »