... rating by generating hard currency and, thus, facilitating ease of foreign loans. Financial development Economic growth Stock exchanges Emerging markets There is an established link between the development of a country's financial sector and the level and rate of economic growth...

... organized stock markets, namely, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE). This paper focuses on the single biggest stock market in the country, i.e. the DSE. In Bangladesh, investment in the stock market is made by both domestic investors and foreign investors. In case...

... that the expense ratio has remained constant during the whole study period [3] . Risk is estimated as the standard deviation of ETFs' returns on an annual basis while LnAge is the natural logarithm of ETFs' age. © Emerald Group Publishing Limited 2011 Investment funds Stock exchanges Return...

...Husam Rjoub; Turgut Türsoy; Nil Günsel Purpose The purpose of this paper is to investigate the performance of the arbitrage pricing theory (APT) in the Istanbul Stock Exchange (ISE) on a monthly basis, for the period January 2001 to September 2005. Design/methodology/approach This study...

...Apostolos Dasilas; Katerina Lyroudi; Demetrios Ginoglou Purpose The purpose of this paper is to empirically investigate stock price and trading volume reactions to simultaneous interim dividend and earnings announcements by the Greek firms listed on the Athens stock exchange (ASE). Design...

... members of the Athens Stock Exchange, mutual fund management companies, portfolio investment companies, listed companies, brokers and individual investors (ININ). Findings The results indicate that ININ rely more on newspapers/media and noise in the market when making their investment decisions, while...