...Mohamed Sahbi Nakhli; Lotfi Belkacem Purpose The purpose of this paper is to test the performance of momentum strategies and identify the sources of their profits. Design/methodology/approach To identify the main source of momentum profits, first, the bootstrap method with replacement was used...

...Ding Du Purpose The purpose of this paper is to re‐examine the sources of momentum profits by focusing on momentum in monthly returns. Design/methodology/approach The paper utilizes a decomposition method proposed by Du and Watkins. Findings Different from previous studies, it is found...

...George P. Artikis; Ioannis Asimakopoulos; Aristeidis Samitas; Theodore Papadogonas Purpose The purpose of this paper is to examine the determinants of profitability for a sample of Greek non‐financial firms listed in the Athens Stock Exchange for the period 1995‐2003. This is a very important...

.../methodology/approach The evaluation of the lease contract is achieved by applying the theory of option pricing as the lessor is the writer of a call option on the leased asset. A sensitivity analysis on some parameters is performed. Findings The paper disentangles the components of the profit of a lease...

...K. Michael Casey; Neil L. Fargher; Robert A. Weigand Purpose – The purpose of this paper is to examine cross‐sectional differences in the profits, returns and risk of high‐ and low‐market‐to‐book ratios (M/B) stocks before and after the initiation of regular cash dividend payments. Design...

...Fotios Pasiouras; Anastasia Koutsomanoli‐Filippaki; Dimitris Margaritis; Christos Staikouras Purpose The aim of this study is to investigate profit efficiency in the banking industries of 11 Central and Eastern European (CEE) countries for the period 1998‐2005. Design/methodology/approach...

... the methodology and presents the results, which show a negative relationship between the level of multinationality and earnings persistence measures. Puts this down to a negative link between multinationality and performance; and reduced risk through international diversification and profit stabilization. Volume...