MDPI AG
Montenegrin Stock Exchange Market on a Short-Term Perspective
The objective of this study is to analyse the constitution of the emerging Montenegrin stock exchange. Four methodological time-series econometric steps are involved: the augmented Dickey–Fuller (ADF) test, run test, autocorrelation function (ACF) test, and Hurst test. The study utilises a daily data vector from 5 January 2004 to 20 June 2023, with a specific focus on the period encompassing the growth and peak of market stocks in 2007, followed by the significant 2008 financial crisis and subsequent...
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2023
Štefan Bojnec
,
Tamara Backovic
,
Sergej Gričar
,
Vesna Karadzic
Walter de Gruyter GmbH
Profitability Determinants of Big European Banks
Abstract
The subject of research in this paper is the profitability of the biggest banks in the European financial market, some of which operate in Montenegro. The profitability of banks is influenced by a large number of factors, including internal banking and external macroeconomic factors. The aim of this paper is to use statistical and econometric methods to examine which factors and with what intensity affect the profitability of large banks in Europe. The empirical analysis...
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2021
Nikola Đalović
,
Vesna Karadzic
