Interdependencies of markets in southeastern Europe and buyback of shares on shallow capital markets: The application of cointegration and causality tests
Due to the global financial crisis the stock exchange indices of Southeastern European (SEE) countries are stagnating or are slowly recovering. The issuers of securities, namely banks that achieve good business results, may be in a dilemma whether to buy back their shares so as to slow down...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Economists' Association of Vojvodina
2015-01-01
|
| Series: | Panoeconomicus |
| Subjects: | |
| Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2015/1452-595X1504469D.pdf |