International Financial Markets during Economic Crisis

A special issue of International Journal of Financial Studies (ISSN 2227-7072).

Deadline for manuscript submissions: closed (15 February 2016) | Viewed by 6518

Special Issue Editor


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Guest Editor
Department of Banking and Financial Management, University of Piraeus, Piraeus, Greece
Interests: corporate finance; capital markets and financial institutions

Special Issue Information

Dear Colleagues,

The purpose of this Special Issue is to shed light on current developments in the world economy and the global financial markets. A wide range of topics related to international banking, the operation of financial institutions, and markets are covered, putting a special emphasis on systemic issues that could pose risk to worldwide financial stability. Research advances on financial instruments, global markets, and business administration are addressed, including progress in the fields of asset pricing, corporate finance, quantitative risk measurement and data analysis, forecasting financial time series, regulatory reforms in banking, financial institutions and markets, government policy framework enhancement, and financial accounting and reporting.

Understanding the functioning of capital markets during turbulent periods is fundamental for our perception of the financial system and its stability. The recent global financial crisis has changed the way that several aspects of financial markets and institutions are viewed. In particular, the banking system has entered a new era that calls for stricter regulation, increased capital requirements and more transparency. This Special Issue solicits both empirical (quantitative and qualitative) and theoretical papers meeting the criteria for high quality research framework and strong contributions to their research field that have not appeared in the literature. With an eye on these major developments, a Special Issue of the International Financial Markets during Economic Crisis aims to provide a comprehensive overview of recent developments in the highly interesting areas of capital markets and banking research.

Submissions may address topics that include, but are not limited to:

  • Quantitative methods on Finance and Economics
    • Portfolio Optimization
    • Asset Allocation and Pricing
    • Financial Econometric Analysis and Forecasting
  • Financial Instruments
    • Derivatives
    • Computational Finance
    • Financial Engineering
    • Risk Management
  • Corporate Finance
    • Corporate Governance
    • Corporate Social Responsibility
    • Investment Policy
    • Agency Theory
    • Financial Performance
  • Government Policy and Financial Regulation
  • Accounting and Financial Reporting
  • International Banking
  • Banking Performance and Efficiency
  • Financial Intermediation
  • Behavioral Finance

Dr. Emmanuel Tsiritakis
Guest Editor

Manuscript Submission Information

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Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. International Journal of Financial Studies is an international peer-reviewed open access quarterly journal published by MDPI.

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Keywords

  • Banking
  • Regulation and government policy
  • crisis
  • asset pricing
  • corporate finance
  • financial reporting
  • financial performance

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Published Papers (1 paper)

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Research

2778 KiB  
Article
Determination of Systemically Important Companies with Cross-Shareholding Network Analysis: A Case Study from an Emerging Market
by Hossein Dastkhan and Naser Shams Gharneh
Int. J. Financial Stud. 2016, 4(3), 13; https://doi.org/10.3390/ijfs4030013 - 24 Jun 2016
Cited by 14 | Viewed by 6128
Abstract
Systemic risk events constitute an important issue in current financial systems. A leading course of action used to mitigate such events is identification of systemically important agents in order to implement the prudential policies in a financial system. In this paper, a bi-level [...] Read more.
Systemic risk events constitute an important issue in current financial systems. A leading course of action used to mitigate such events is identification of systemically important agents in order to implement the prudential policies in a financial system. In this paper, a bi-level cross-shareholding network of the stock market is considered according to direct and integrated ownership structure. Furthermore, different systemic risk indices are applied to identify systemically important companies in an early warning system. Results of application of these indices on cross-shareholding data from Tehran Stock Exchange show that integrated network indices produce more reliable results. Moreover, results of statistical analysis of the networks indicated the existence of scale-free characteristics in the TSE cross-shareholding network. Full article
(This article belongs to the Special Issue International Financial Markets during Economic Crisis)
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