Category Archives: Research

20 Pages · Posted: Mar 2014 · Citations: 49 | This study investigates the relation between corporate governance with (i) financial management decisions such as earnings management and sub-optimal investment, and (ii) firm performance in maritime firms.

20 Pages · Posted: 12 Mar 2015 · Citations: 10 | We investigate the relative importance of market default risk in explaining the time variation of the S&P 500 Index option-implied risk-neutral moments.

25 Pages · Posted: Feb 2013 · Citations: 8 | This study examines several alternative symmetric and asymmetric model specifications of regression-based deterministic volatility models to identify the one that best characterises the implied volatility functions of S&P 500 Index options in the period 1996–2009.

14 Pages · Posted: Nov 2013 · Citations: 25 | This study investigates valuation effects of mergers and acquisitions in the freight transportation industry.