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International Journal of Financial Studies, Volume 3, Issue 4

2015 December - 6 articles

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Articles (6)

  • Article
  • Open Access
1 Citations
5,866 Views
30 Pages

10 December 2015

The results of the single-equation cointegration tests indicate that patterns of cointegration in the two main and four sub-periods are not homogeneous. Two key findings emerge from the study. First, fewer stock markets cointegrated with S&P 500...

  • Article
  • Open Access
142 Citations
18,825 Views
27 Pages

19 November 2015

The purpose of this study is to investigate the potential effects of corporate governance (CG) elements on corporate social responsibility (CSR) disclosure. The annual reports of companies for the year 2007–2011 are examined to analyze the relationsh...

  • Article
  • Open Access
54 Citations
17,312 Views
20 Pages

29 October 2015

This study investigates the firm-specific factors affecting the profitability of non-life insurance companies operating in Turkey. For this purpose, data of 24 non-life insurance companies operating in Turkey from the period 2006–2013 were brought t...

  • Article
  • Open Access
3 Citations
7,808 Views
28 Pages

TARGET2 Imbalances and the ECB as Lender of Last Resort

  • Francesco Purificato and
  • Caterina Astarita

23 October 2015

This paper analyses the issue of the dynamics of the TARGET2 system balances during the sovereign debt crisis, when some countries registered a decisive inflow of the central bank liquidity and others showed an outflow. The dynamics in the TARGET2 ar...

  • Article
  • Open Access
5,539 Views
31 Pages

This paper tries to investigate whether there exist international integrated markets among East Asian economies, by employing the Generalized Purchasing Power Parity (G-PPP) model, then, it would help to suggest whether the East Asian region is the O...

(This article belongs to the Special Issue New Challenges in Asian Capital Markets)
  • Article
  • Open Access
1 Citations
8,445 Views
20 Pages

28 September 2015

Undiversifiable (or systematic risk) has long been an enemy of investors. Many countercyclical strategies have been developed to counter this. However, like all insurance types, these strategies are generally costly to implement, and over time can si...

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Int. J. Financ. Stud. - ISSN 2227-7072