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All Outputs (10)

Trust Matters: A Global Perspective on the Influence of Trust on Bank Market Risk (2024)
Journal Article
Abdelsalam, O., Chantziaras, A., Joseph, N. L., & Tsileponis, N. (2024). Trust Matters: A Global Perspective on the Influence of Trust on Bank Market Risk. Journal of International Financial Markets, Institutions and Money, 92, Article 101959. https://doi.org/10.1016/j.intfin.2024.101959

This paper examines the role of societal and organizational trust in mitigating market risk within the banking sector. Using a global sample of 10,616 bank-year observations across 45 countries, we find that higher trust significantly reduces bank to... Read More about Trust Matters: A Global Perspective on the Influence of Trust on Bank Market Risk.

Regulatory enforcement, foreignness and language negativity: Evidence from SEC comment letters (2023)
Journal Article
Koulikidou, K., Chantziaras, A., Dedoulis, E., & Leventis, S. (2023). Regulatory enforcement, foreignness and language negativity: Evidence from SEC comment letters. Journal of International Accounting, Auditing and Taxation, 51, Article 100547. https://doi.org/10.1016/j.intaccaudtax.2023.100547

In this paper, we demonstrate that negative language is employed as a mechanism through which regulators express their differentiated level of concern and pass on stronger messages to riskier reviewees. We investigate the language tone employed by th... Read More about Regulatory enforcement, foreignness and language negativity: Evidence from SEC comment letters.

Animal Behavior in Capital markets: Herding formation dynamics, trading volume, and the role of COVID-19 pandemic (2023)
Journal Article
Alexakis, C., Chantziaras, A., Economou, F., Eleftheriou, K., & Grose, C. (2023). Animal Behavior in Capital markets: Herding formation dynamics, trading volume, and the role of COVID-19 pandemic. North American Journal of Economics and Finance, 67, Article 101946. https://doi.org/10.1016/j.najef.2023.101946

This paper provides new evidence on herding behavior. Using daily frequency data for 336 US listed firms over a five-year period, we investigate three important elements of financial herding behavior. First, trading volume, representing market intere... Read More about Animal Behavior in Capital markets: Herding formation dynamics, trading volume, and the role of COVID-19 pandemic.

Influences of family ownership on dividend policy under mandatory dividend rules (2022)
Journal Article
Sikalidis, A., Bozos, K., Chantziaras, A., & Grose, C. (2022). Influences of family ownership on dividend policy under mandatory dividend rules. Review of Quantitative Finance and Accounting, 59(3), 939-967. https://doi.org/10.1007/s11156-022-01064-w

We explore the relationship between family ownership and dividend policy in an insider financial system under mandatory dividend rules. In a civil law insider institutional setting like ours, the concentration of management control in the hands of fa... Read More about Influences of family ownership on dividend policy under mandatory dividend rules.

The Impact of Religiosity on Earnings Quality: International Evidence from the Banking Sector (2021)
Journal Article
Abdelsalam, O., Chantziaras, A., Omoteso, K., & Ibrahim, M. (2021). The Impact of Religiosity on Earnings Quality: International Evidence from the Banking Sector. The British Accounting Review, 53(6), Article 100957. https://doi.org/10.1016/j.bar.2020.100957

We examine the impact of religiosity on earnings quality, utilising a global sample of 1,283 listed banks headquartered in 39 countries and covering the period 2002–2018. Using instrumental variables two-stage least squares regressions, we demonstrat... Read More about The Impact of Religiosity on Earnings Quality: International Evidence from the Banking Sector.

The impact of labor unionization on CSR reporting (2020)
Journal Article
Chantziaras, A., Dedoulis, E., Grougiou, V., & Leventis, S. (2020). The impact of labor unionization on CSR reporting. Sustainability Accounting, Management and Policy Journal, 12(2), 437-466. https://doi.org/10.1108/sampj-06-2020-0212

Purpose Corporate social responsibility (CSR) reporting has been theorized as a key communication device and an integral part of a broader stakeholder integration management strategy. This paper aims to examine the relationship between CSR disclosure... Read More about The impact of labor unionization on CSR reporting.

The power of words in capital markets: SEC comment letters on foreign issuers and the impact of home country enforcement (2020)
Journal Article
Chantziaras, A., Koulikidou, K., & Leventis, S. (2021). The power of words in capital markets: SEC comment letters on foreign issuers and the impact of home country enforcement. Journal of International Accounting, Auditing and Taxation, 42, Article 100359. https://doi.org/10.1016/j.intaccaudtax.2020.100359

In this paper, we examine the language tone of comment letters issued to foreign firms listed on US stock exchanges and the impact of home country enforcement. We find that the tone of US Securities and Exchange Commission (SEC) reviews has capital m... Read More about The power of words in capital markets: SEC comment letters on foreign issuers and the impact of home country enforcement.

Major Shareholders’ Trust and Market Risk: Substituting Weak Institutions with Trust (2020)
Journal Article
Abdelsalam, O., Chantziaras, A., Batten, J. A., & Aysan, A. F. (2021). Major Shareholders’ Trust and Market Risk: Substituting Weak Institutions with Trust. Journal of Corporate Finance, 66, Article 101784. https://doi.org/10.1016/j.jcorpfin.2020.101784

This study examines the impact of foreign controlling shareholder trust on firm market risk using the two measures of total and idiosyncratic risk. An extensive global sample of 12,496 firm-year observations from 43 countries is employed. The results... Read More about Major Shareholders’ Trust and Market Risk: Substituting Weak Institutions with Trust.

The impact of religiosity and corruption on CSR reporting: The case of U.S. banks (2019)
Journal Article
Chantziaras, A., Dedoulis, E., Grougiou, V., & Leventis, S. (2020). The impact of religiosity and corruption on CSR reporting: The case of U.S. banks. Journal of Business Research, 109, 362-374. https://doi.org/10.1016/j.jbusres.2019.12.025

In this paper, we provide insights into CSR disclosure strategies by bringing to the fore the important role played by contextual factors. We examine the impact of religiosity upon the instigation of voluntary CSR disclosures and the way that corrupt... Read More about The impact of religiosity and corruption on CSR reporting: The case of U.S. banks.

The impact of labor unionization on monitoring costs (2019)
Journal Article
Chantziaras, A., Dedoulis, E., & Leventis, S. (2020). The impact of labor unionization on monitoring costs. European Management Journal, 38(2), 288-307. https://doi.org/10.1016/j.emj.2019.09.004

This paper analyzes the impact of labor unionization on monitoring costs. Our findings show that monitoring costs are significantly higher for unionized firms. We demonstrate that the more complex, industrial relations structures that characterize un... Read More about The impact of labor unionization on monitoring costs.