Zobrazeno 1 - 10
of 18
pro vyhledávání: '"Athanasios Episcopos"'
Publikováno v:
The European Journal of Finance. :1-21
This paper re-examines the impact of the EU Market Abuse Directive (MAD) on the market reaction around share repurchase announcements. We use a unique hand-collected dataset of firms listed on the Athens Stock Exchange, and we find evidence that cont
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::6abc6fe54bc38597c3a2d24ac3b59f63
https://doi.org/10.1080/1351847x.2021.1910529
https://doi.org/10.1080/1351847x.2021.1910529
Publikováno v:
International Review of Economics & Finance. 72:405-421
This study places Dubofsky’s (1992) “limit order adjustment hypothesis” under the microscope of an intraday analysis, which employs a minute-by-minute trade and quote data recorded during the ex-dividend days of common stocks listed on NYSE, AM
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c033b26743538d69b726ab73db6aa5a4
https://doi.org/10.1016/j.iref.2020.11.017
https://doi.org/10.1016/j.iref.2020.11.017
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e27a883f6439a7b501cfab40325eb77a
https://doi.org/10.2139/ssrn.4086982
https://doi.org/10.2139/ssrn.4086982
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::200b45068d15b55d0e69acfac4dc04d6
https://doi.org/10.2139/ssrn.3761957
https://doi.org/10.2139/ssrn.3761957
Publikováno v:
SSRN Electronic Journal.
This paper introduces serial defaults in the structural model of Jeanneret (2015. Journal of Financial and Quantitative Analysis 50, 963-985). We consider a government that can default multiple times, deciding endogenously the default thresholds and
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c29237aa3b14fa2f70af08ccfcb2a66b
https://doi.org/10.2139/ssrn.3860762
https://doi.org/10.2139/ssrn.3860762
Guarantor and Liquidity Risk: Effects on Bank Capital Structure, and Regulatory and Insurance Policy
Publikováno v:
SSRN Electronic Journal.
We develop a structural model that accounts for guarantor risk and state-dependent withdrawals that induce liquidity funding costs for the bank. The severity of these costs increases near the default barrier, where depositors run on the bank for fear
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ef9bed4d7e180a011ff72ef6305bedc6
https://doi.org/10.2139/ssrn.3713794
https://doi.org/10.2139/ssrn.3713794
Publikováno v:
SSRN Electronic Journal.
This paper re-examines the impact of the EU Market Abuse Directive (MAD) on the market reaction around share repurchase announcements. We use a unique hand-collected dataset of firms listed on the Athens Stock Exchange, and we find evidence that cont
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::de0bf7e45a27b244bf36c0701f047eeb
https://doi.org/10.2139/ssrn.3153141
https://doi.org/10.2139/ssrn.3153141
Publikováno v:
SSRN Electronic Journal.
Using a unique, hand-collected data set of actual daily share repurchases from the Athens Stock Exchange, we examine the stock market reaction around the disclosure date of actual share repurchases, the factors that affect the size of that reaction,
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::ca9a0ff9b30fd98936594113ff768f4d
https://doi.org/10.2139/ssrn.3079902
https://doi.org/10.2139/ssrn.3079902
Autor:
Athanasios Episcopos
Publikováno v:
Journal of Banking & Finance. 32:1677-1686
The barrier options theory of corporate security valuation is applied to the contingent claims of a regulated bank. The regulator/insurer of a bank owns a down-and-in call option on the bank assets which can be balanced against the expected coverage
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::87b73bc7537adab778aeaf08ebd03d12
https://doi.org/10.1016/j.jbankfin.2007.11.018
https://doi.org/10.1016/j.jbankfin.2007.11.018
Autor:
Athanasios Episcopos
Publikováno v:
Journal of Banking & Finance. 28:1617-1635
Option models of deposit insurance pricing view assessment rates as put option premiums. However, such models ignore the risk of guaranty fund default. This paper attempts to link risk-based premiums with guaranty fund reserves in a partial equilibri
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c90b2cdbeb7ba097ed5a6fe8fd9147aa
https://doi.org/10.1016/s0378-4266(03)00140-7
https://doi.org/10.1016/s0378-4266(03)00140-7