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| Volume 7, No. 2,
August 2008 |
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Firm Management Competence:
Does It Matter? |
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| Konstantinos S. Skandalis |
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Department of Economics, University of
Peloponnese, Greece |
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Panagiotis G. Liargovas |
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Department of Economics, University
of Peloponnese, Greece |
| Anna A.
Merika |
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Department of Economics, Deree College,
Greece |
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| Abstract |
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This study
explores the influence of financial leverage and of management
competence on firm performance using a sample of 102 listed firms in
the Athens Stock Exchange. It is found that leverage contributes
significantly to sales growth, stock returns, and profitability due
to management competence. |
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Key words: management
competence; leverage; Athens Stock Exchange |
| JEL
classification:
C33; L25; M12; M21 |
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