The main aim of this article is to explicitly present what the parallel banking system is and its activities. The first part of the paper focuses on how this banking system could support real economy and contribute to the ...

The Phillips curve represents the link between the business cycle and infation and constrains the actions of policymakers. In this paper, we study the optimal long-run rate of infation in the presence of a hybrid Phillips ...

Many scholars have tried to comprehend and analyse the root causes of the Greek economic crisis. In the majority of these analyses, a series of economic factors were mainly highlighted as the key to understanding the nature ...

In this paper we show that by assuming a constant variance/covariance matrix over the holding period, the VaR limits can often be exceeded within the relevant horizon period. To minimize this risk, we formulate the problem ...

Knowledge has been identified as an important resource that contributes to the competitive advantage of an organisation. The problems associated with irresponsible use of power manifest itself in the loss of organisational ...

The purpose of this study is to provide evidence drawn from publicly traded companies in Greece as far as the predictability of going-concern opinions, and other business situations (problem companies, tax contingent ...

This study primarily investigates differences in the market variables of companies that show corporate social responsibility (CSR) compared with those that do not. We also examine whether predictions of CSR can be ...

Ι would like to assure you that Ι feel deeply touched because Ι am honored tο address all of you today a distinguished as well as dangerous audience, bearing specific aims and targets. Your presence here certainly recalls ...

This paper describes and analyses the use of the Filtered Historical Simulation algorithm in pricing spread options. Spread options are contracts whose payoff depends on the price difference (spread) between two or more ...

Organizational culture constitutes a fundamental characteristic of the educational organism, because, it contributes to the shape of its character and of its members’ way of thinking and behavior and, it is also connected ...

This research paper seeks to clarify the importance and at the same time the multidimensional role that the business process can play, as well as the implementation of innovative approaches to the survival of small and ...

Value at Risk (VaR) is increasingly popular as a management and regulatory tool. To further its acceptance it is necessary to assess its reliability under conditions likely to be encountered in financial markets. A logical ...

This paper investigates the profitability of technical trading rules in the Athens Stock Exchange (ASE), utilizing the FTSE/ASE-20 index over the period 1995- 2008. We focus on a less developed and efficient stock market, ...

We examine the performance of various types of technical trading rules in the emerging Cyprus Stock Market (CSE). Furthermore, we examine the predictability of daily returns for the CSE with respect to the extent that the ...

The first recorded account of project management as a separate dedicated activity has been attributed to the United States defence forces. During the 1950s the development and production of the Polaris ballistic missile ...

Tourism today is characterised by an omnivorous production of goods and services. Destinations are in a struggle to present their characteristics (nature, history, culture, food) in an attractive way and to stimulate the ...

Recent governmental interventions in Public Administration, (such as annulment of Ministry of Public Order and alteration to Sub Ministry of Interior, Public Administration and Decentralization, annulment of General ...

Purpose – This paper examines the relationship between organisational creativity, productivity and the underlying dimensions that foster quality function deployment (QFD). Methodology – A total of 359 usable questionnaires ...

Quality function deployment (QFD) methodologies, as opposed to traditional quality approaches, are most often cited as essential for advancing the competitive advantage of an organisation. Unfortunately, little is known ...

The financial system consists, without doubt, one of the most important determinants of the world national economies, which undergoes numerous changes and challenges with major impact on the economic growth prospects ...