PurposeThe purpose of this study is to define FinTech, differentiating it from
financial technology and use the definition to develop an industry
framework.Design/methodology/approachUsing the existing literature on FinTech
and incorporating these contributions into a traditional financial structure,
characteristics are outlined and placed into a framework that describes the
FinTech industry.Findi... hiện toàn bộ
PurposeThe paper aims to investigate the monthly and trading month effects in
the stock market returns of the ASE using daily data before and after the crisis
of 1999‐2001. In addition, the study seeks to consider data from both periods of
the ASE, before and after the upgrade of the market (May
2001).Design/methodology/approachThis paper examines the calendar effects in the
Greek stock market ret... hiện toàn bộ
Muhammad Zubair Tauni, Zia-ur-Rehman Rao, Hong Fang, Minghao Gao
Purpose The purpose of this paper is to investigate the impact of the key
sources of information, namely, financial advice, word-of-mouth communication
and specialized press, on trading behavior of Chinese stock investors. The study
also analyzed if the association between the key sources of information and
trading behavior is influenced by investor personality.
Design/methodology/approach The aut... hiện toàn bộ
Outlines the effect of exchange rate fluctuations on bank performance and
investigates the relationship between exchange rate exposure and stock value for
eight major Greek banks. Explains the methodological problems involved, develops
a mathematical model and applies it to 1995‐1998 data for the banks. Discusses
the results for each bank individually and suggests that although their stock
returns... hiện toàn bộ
Outlines previous research attempts to explain the behaviour of second moments
of price and return distributions and theories of how Big Players (i.e. those
with enough discretionary power to influence the market but little sensitivity
to profit/loss consequences) affect the volatility and informational efficiency
of markets. Contrasts the 1883‐1892 fluctuations in the exchange value of the
Russia... hiện toàn bộ
This study examines the price behavior of a sample of Canadian bank stocks
surrounding the announcement by Citicorp of a large increase in their provision
for loan losses induced by their exposure to debt of lesser developed countries
in general and their exposure to Brazilian debt in particular. Both the US and
Canadian reactions were positive but the magnitude of the Canadian abnormal
returns wa... hiện toàn bộ
Harold A.Black, M. AndrewFields, Robert L.Schweitzer
There has been a loosening of the regulation governing the market for corporate
control in the banking industry. Nearly every state in the U.S. has passed some
form of interstate banking legislation that allows out‐of‐state banks to acquire
local banks. Previous research has shown that the market reaction to this state
legislation is both positive and significant for affected bank stocks. What is
... hiện toàn bộ
PurposeThis paper aims to carry out a comprehensive analysis of the influence of
interest rate risk on Spanish firms at the industry
level.Design/methodology/approachThe methodology employed has its origin in the
two‐index linear regression model proposed by Stone. This traditional interest
rate exposure model has been extended in this paper to allow for a nonlinear
exposure component as well as t... hiện toàn bộ