... immersed in a process of dramatic economic transformations similar to that experienced by Spain over the past two decades. This is the case of the Central and Eastern European countries which recently joined the European Union. The main contribution of this paper is to conduct a comprehensive analysis...

..., it may respond to a combination of the two, in which case all the factors mentioned are likely to exercise some influence. Design/methodology/approach To test these propositions, a sample of 461 firms located in the Basque Country (Northern Spain), were analyzed between 16 June and 13 July 2004...

...). This has motivated us to account for family control in Spanish firms since, as Faccio and Lang (2002) document, family controlled firms are the most important category in Spain (55.79 per cent of Spanish firms in their sample are family controlled). Consequently, the aim of this paper is to analyse...

... Spain Fund management Capital asset pricing model This article is organized as follows. Section 2 describes the performance measure under the stochastic discount factor framework and presents the different discount factors that we use. Section 3 describes our database of mutual funds...

... the Madrid Stock Exchange (Spain) and a buy‐and‐hold strategy in the IBEX‐35 index as a benchmark. Shows that all four GA models generat superior daily returns of long positions with lower risk; and discusses the variations between them in detail. © MCB UP Limited 2002 Accounting research...