... that insider ownership changes are not linked with changes in capital expenditures. The findings of Darrough and Rangan (2005) and Hull et al. (2013) about the influence of insider ownership on R&D spending form the starting point for our study. Using this finding, we derive a variable...

...George P. Artikis; Afroditi Papadaki; Georgia Siougle Purpose This paper seeks to deal with the problem of the anomalous negative price‐earnings relation for firms listed in the Athens Stock Exchange (ASE). Design/methodology/approach The simple earnings capitalization model is employed...