The present study examines the impact of mode of payment used in cross border mergers and acquisitions by Indian companies on the abnormal returns generated on account of announcement and the post merger operating and financial performance. The study considers the cross border M & A undertaken...

The present study focuses upon the comparison between the pre and post merger financial performance of the Indian companies undertaking cross border mergers and acquisitions during 1998-2009. An attempt has been made to assess the performance on an aggregate basis, on the basis of timing of the...

Multinational Enterprises in emerging markets are becoming dominant players in world's economic growth. Indian economy is one of them. These markets have been attracting inbound foreign direct investment (FDI) for last few years and the reverse trend has also begun for various emerging economies...

Using a broad (95 countries) sample, we examine the impact of the Russia-Ukraine war on global stock markets surrounding the war announcement. We applied event study and used short and long event windows to examine the immediate and intermediate impact of war. The Russia-Ukraine war triggered...

Financial integration is one of the buzz words in financial world. The co movement of share prices across the stock markets in the world is a frequently experienced phenomenon. Especially during the times of crisis it is observed that the stock markets crash together. The oil crisis of 1973, the...

In this paper we examine if there is any overreaction effect present in Indian Stock market. We have used monthly closing adjusted prices of 500 stocks comprising S&P CNX 500 Equity Index over the period March, 1996 to March, 2007 and methodology as proposed by De Bondt and Thaler (1985) and...

This paper tests the predictive accuracy of the Black-Scholes (BS) model in pricing the Nifty index option contracts and examines whether the skewness and kurtosis adjusted BS model of Corrado and Su (1996) gives better results than the original BS model. We also examine whether volatility smile...

This paper examines the inter-linkages and long run integration of Indian economy with other economies of the world (US, Europe, Other Emerging markets and World economy) using standard indices of MSCI over the period Jan 2003 to July 2012. We also investigate Indian economy's response to recent...

This paper examines the short run and long run inter linkages of the Indian stock market with those of Advanced emerging markets viz. Brazil, Hungary, Taiwan, Mexico, Poland and South Africa over the period ranging from 1 January 1992 to 31 December 2009 using Johansen co-integration test and...