CONTENTS

1. Volatility Behaviour in Emerging Markets: A Case Study of the Athens Stock Exchange, Using Daily and Intra-Daily Data (Kyrtsou, C. and Terraza, V. 3)
2. Predictability, Long Memory and Non Linear Dynamics of Stock Returns (Karathanassis, G. and Patsos, C. 17)
3. Likelihood Analysis of Random Effect Stochastic Frontier Models with Panel Data (Tsionas, G. E. 35)
4. Euro and Profitability of Greek Banks (Kosmidou, V. K. and Spathis, T. Ch. 43)
5. The Banks’ Profitability – Concentration Relationship in an Era of Financial Integration (Vasiliou, D. and Frangouli, Z. 57)
6. Assessing global investing Risk: A multicriteria Preference Disaggregation Approach (Doumpos, M., Zanakis, H. S. and Zopounidis, C. 69)
7. Financial Development and Financial Structure of Industrial SMEs: The Case Of Greece (Voulgaris, F., Asteriou, D. and Agiomirgianakis, G. 95)
8. The Capital Asset Pricing Model: A Review Of The Issues (Harissis, H. 111)
9. The Pricing Of Risk Factors And The UK Insurance Stocks' Performance A Nonlinear Multivariate Approach (Dinenis E. and Staikouras K. S. 131)
10. Recent and Future Developments in the Euroland and Greek Financial Sectors (Kazantzis, Ch. 145)