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International Journal of Financial Studies, Volume 3, Issue 4

December 2015 - 6 articles

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Articles (6)

  • Article
  • Open Access
1 Citations
5,394 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
133 Citations
17,781 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
52 Citations
15,507 Views
20 Pages

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
6,888 Views
28 Pages

TARGET2 Imbalances and the ECB as Lender of Last Resort

  • Francesco Purificato and
  • Caterina Astarita

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
5,199 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...

  • Article
  • Open Access
1 Citations
7,746 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. Financial Stud. - ISSN 2227-7072