In their pursuit of maximising business volume and profit, banks appear to be concerned more about the financial risks like credit risk, market risk, liquidity risk, interest rate risk and so on. For them, financial risks pose a far more significant threat to achieving their financial...

Banks have been experimenting with several credit forecasting techniques over time, each one having its own merits and demerits. All along, credit forecasting was internal to banks and regulators in the past were not too keen on reviewing forecasts. But the huge credit losses incurred by banks...

We examine a dynamic experimentation problem in which managers make a binary choice that influences the information available to investors. We model a manager's multi-period problem of discretionary disclosures of the persistent component of earnings, when disclosure of current earnings is...

This study examines empirical issues associated with the use of bid-ask spreads in event studies. The simulation results indicate that the distribution of average standardized abnormal spread shows little deviation from normality. Simulation results also indicate that the widely used percent...