We examine the nature, extent and possible causes of bank contagion in a high frequency setting. Looking at six major European banks in the summer and autumn of 2008, we model the lower coexceedances of these banks returns. ...

We survey, very briefly, some conceptual and empirical issues that bedevil the identification of a fundamental price for gold and consequently the identification of a real gold price.

This paper investigates the impact of country-level financial integration on corporate financing choices in emerging economies. Examining 4477 public firms from 24 countries, we find that corporate leverage is positively ...

This paper presents an empirical examination of determinants of the capital structure of a sample of 299 Irish small and medium-sized enterprises (SMEs). Results suggest that age, size, level of intangible activity, ownership ...

This is the first paper to examine the microstructure of the Irish Stock Market empirically and is motivated by the adoption, on June 7th of Xetra the modern pan European auction trading system. Prior to this the exchange ...

Institutions and institutional structures are boundary conditions for finance. Since the pioneering work of La Porta et al., 1998 R. La Porta, F. Lopez-de-Silanes, A. Shleifer and R.W. Vishny, Law and finance, Journal of ...

We examine the three interlinked Irish crises : the competitiveness, fiscal and banking crises, showing how all three combined to lay a lethal trap for Ireland. Starting from a point of economic balance, a series of poor ...

In this paper, we examine the scope for international stock portfolio diversification, from the viewpoint of a United States representative investor, in regard to both the Asian and the European stock markets. Our findings ...

We examine the effect of the appointment of directors on the share price of FTSE companies. We find that the share price reaction to the appointment of Directors suggests that gender is not an issue in the appointment of ...

Using a sample of CEOs of FTSE companies during a ten-year period from 2001 to 2010, we explore merger and acquisition activities from the perspective of social status theory. It investigates the influence of CEO social ...