Book Review

The article deals with Swedish well-educated female entrepreneurs (Swefees), that is entrepreneurs with a education exceeding 12 years. The Swefees seem to differ in some interesting ways both from other female entrepreneurs, from male entrepreneurs and from other women on the labour market. But it also turns out that they are of two kinds, Loner-Swefees and Family-Swefees. The Loner-Swefees are single, living in a big city environment and have an interrupted career in the public or private sector behind them. They are extremely career-oriented. The Family-Swefees are also career-oriented but try to run a family and a firm at the same time. Swefees go into business with strong feelings both of a push and pull kind. They are very professional in their way of running the firm.

The population of Swefees were found through a big questionnaire sent to a sample of 1,440 of the population of over 64,000 Swedish female entrepreneurs. A little more than 1,000 (of the 1,440) were still in business when receiving the questionnaire which around 70% of them answered. Swefees turned out to be only 6% of female entrepreneurs.     

Book Review

Book Review

Book Review     

Book Review

This study examines the association between annual stock returns of firms listed on the Athens Stock Exchange and the tax benefits of mandated fixed assets revaluations that occurred in the years 1982, 1988 and 1992. A significant association is found for the revaluations that occurred in 1992 but not for those that took place in 1988 or 1982 As the tax benefits are probably measured with error, we use the amount of the revaluation to explain stock returns with similar findings. When we extend the period over which we accumulate stock returns from one to two years, the association between stock returns and the amount of the revaluation is significant both in 1992 and in 1982. For the years 1992 and 1982, we also observe a significant association between stock prices and the revaluation amounts.