The Primary Origin of the Financial Crisis
This paper examines the relationship between the stock return volatility, outside directors, independent directors, and variable control using simultaneous-equation panel data models for a panel of 89 France-listed companies on the SBF 120 over the period of 2006–2012. Our results showed that the ou...
Guardado en:
| Autores principales: | , |
|---|---|
| Formato: | Capítulo de libro |
| Lenguaje: | inglés |
| Publicado: |
IntechOpen
2021
|
| Materias: | |
| Acceso en línea: | https://www.intechopen.com/chapters/67090 |
| Etiquetas: |
Sin Etiquetas, Sea el primero en etiquetar este registro!
|
| _version_ | 1879164703789285376 |
|---|---|
| author | Mouna, Aloui Anis, Jarboui |
| author_browse | Anis, Jarboui Mouna, Aloui |
| author_facet | Mouna, Aloui Anis, Jarboui |
| author_sort | Mouna, Aloui |
| building | IntechOpen |
| collection | Acceso abierto |
| description | This paper examines the relationship between the stock return volatility, outside directors, independent directors, and variable control using simultaneous-equation panel data models for a panel of 89 France-listed companies on the SBF 120 over the period of 2006–2012. Our results showed that the outside directors (FD) and audit size increase the stock return volatility. Furthermore, the results indicate that the independent directors and ROA have a negative effect on the stock return volatility; this result indicates that these variables contribute to decrease and stabilize the stock return volatility. This study employs a variety of econometric models, including feedback, to test the robustness of our empirical results. Also, we examine the relationship between the corporate governance and the stock returns volatility, exchange rate, and treasury bill using GARCH-BEKK model for a panel of 99 French firms over the period of 2006–2013. |
| doi_str_mv | 10.5772/intechopen.86173 |
| first_indexed | 2026-10-15T21:38:33Z |
| format | Book Chapter |
| fullrecord | <oai_dc:dc xmlns:oai_dc="http://www.openarchives.org/OAI/2.0/oai_dc/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.openarchives.org/OAI/2.0/oai_dc/ http://www.openarchives.org/OAI/2.0/oai_dc.xsd"><identifier>intech-67090</identifier><datestamp>2021-01-14</datestamp>
<dc:title>The Primary Origin of the Financial Crisis</dc:title>
<dc:creator>Aloui Mouna</dc:creator>
<dc:creator>Jarboui Anis</dc:creator>
<dc:subject>Social Sciences and Humanities</dc:subject>
<dc:description>This paper examines the relationship between the stock return volatility, outside directors, independent directors, and variable control using simultaneous-equation panel data models for a panel of 89 France-listed companies on the SBF 120 over the period of 2006–2012. Our results showed that the outside directors (FD) and audit size increase the stock return volatility. Furthermore, the results indicate that the independent directors and ROA have a negative effect on the stock return volatility; this result indicates that these variables contribute to decrease and stabilize the stock return volatility. This study employs a variety of econometric models, including feedback, to test the robustness of our empirical results. Also, we examine the relationship between the corporate governance and the stock returns volatility, exchange rate, and treasury bill using GARCH-BEKK model for a panel of 99 French firms over the period of 2006–2013.</dc:description>
<dc:publisher>IntechOpen</dc:publisher>
<dc:date>2021-01-14</dc:date>
<dc:type>Chapter, Part Of Book</dc:type>
<dc:identifier>https://www.intechopen.com/chapters/67090</dc:identifier>
<dc:identifier>doi:10.5772/intechopen.86173</dc:identifier>
<dc:language>en</dc:language>
<dc:relation>ISBN:978-1-78923-857-0</dc:relation>
<dc:rights>https://creativecommons.org/licenses/by/3.0/</dc:rights>
<dc:source>https://www.intechopen.com/books/8816 ; Financial Crises - A Selection of Readings</dc:source>
</oai_dc:dc> |
| id | intech-67090 |
| institution | IntechOpen |
| isbn | 978-1-78923-857-0 |
| language | English |
| last_indexed | 2026-10-15T21:38:33Z |
| publishDate | 2021 |
| publishDateRange | 2021 |
| publishDateSort | 2021 |
| publisher | IntechOpen |
| publisherStr | IntechOpen |
| record_format | oai_dc |
| spelling | intech-670902021-01-14 The Primary Origin of the Financial Crisis Aloui Mouna Jarboui Anis Social Sciences and Humanities This paper examines the relationship between the stock return volatility, outside directors, independent directors, and variable control using simultaneous-equation panel data models for a panel of 89 France-listed companies on the SBF 120 over the period of 2006–2012. Our results showed that the outside directors (FD) and audit size increase the stock return volatility. Furthermore, the results indicate that the independent directors and ROA have a negative effect on the stock return volatility; this result indicates that these variables contribute to decrease and stabilize the stock return volatility. This study employs a variety of econometric models, including feedback, to test the robustness of our empirical results. Also, we examine the relationship between the corporate governance and the stock returns volatility, exchange rate, and treasury bill using GARCH-BEKK model for a panel of 99 French firms over the period of 2006–2013. IntechOpen 2021-01-14 Chapter, Part Of Book https://www.intechopen.com/chapters/67090 doi:10.5772/intechopen.86173 en ISBN:978-1-78923-857-0 https://creativecommons.org/licenses/by/3.0/ https://www.intechopen.com/books/8816 ; Financial Crises - A Selection of Readings |
| spellingShingle | Social Sciences and Humanities Mouna, Aloui Anis, Jarboui The Primary Origin of the Financial Crisis |
| title | The Primary Origin of the Financial Crisis |
| title_full | The Primary Origin of the Financial Crisis |
| title_fullStr | The Primary Origin of the Financial Crisis |
| title_full_unstemmed | The Primary Origin of the Financial Crisis |
| title_short | The Primary Origin of the Financial Crisis |
| title_sort | primary origin of the financial crisis |
| topic | Social Sciences and Humanities |
| url | https://www.intechopen.com/chapters/67090 |
| work_keys_str_mv | AT mounaaloui theprimaryoriginofthefinancialcrisis AT anisjarboui theprimaryoriginofthefinancialcrisis AT mounaaloui primaryoriginofthefinancialcrisis AT anisjarboui primaryoriginofthefinancialcrisis |