Purpose – To investigate the Central and Eastern European (CEE) equity market co‐movements
before, during and after major emerging market crises. To examine the impact of the …

The study examines the presence of the day-of-the-week effect anomaly in the Central European
stock markets. We consider the Romanian, Hungarian, Latvian, Czech, Russian, Slovak…

We consider four Central European stock market indexes over the period April 30, 1996-August
31, 2001. We have found that the influence of the Asian crisis over the Central European …

We investigate the nature of the Central European stock market volatility before, during and
after major emerging market crises. We analyze the Central European Stock Index over the …

Abstract Models based on economic profit divide the value of the company to “base value”
and “added value”. Best-known economic profit models are EVA and Residual income …

Modern Portfolio Theory associates the stock market risk with the volatility of return. Volatility
is measured by the variance of the returns’ distribution. However, the investment community …

Our study examines the presence of the day-of-the-week effect anomaly in the Central and
Eastern European stock markets. We consider the Romanian, Hungarian, Latvian, Czech, …

Modern Portfolio Theory associates the stock market risk with volatility of the return. Volatility
is measured by the variance of return but the investment community does not accepted this …

Balkans can be clearly defined as a specific geographical, political and social part of Europe.
Many economists have tried to describe the specifics of the economic system of this region …

Active portfolio management is widely used in investment practice with the goal of securing
better performance results from the investment process. Active portfolio management has …