This paper proposes a methodology for active hedging Greeks of an option portfolio integrating churning and minimization of cost of hedging. In the first section, hedging strategy is implemented by taking positions in other available options, while simultaneously minimizing the net premium paid...

Dividend is the return that a shareholder gets from a company, out of its profits, on his shareholding. Equity investors receive returns in two forms–dividends and capital gains. The factors that drive dividend policy of a company have been topic of extensive research for a long time now with...

Purpose – The purpose of this paper is to examine the determinants of foreign direct investment (FDI) in India. Design/methodology/approach – Using macroeconomic variables – GDP, inflation rate, interest rate, patents, money growth and foreign trade – the authors tried to find the best...

Purpose: The purpose of this paper is to explore the micro and macro factors affecting liquidity creation by scheduled commercial banks (excluding Regional Rural Bank) in India from 2005 to 2018. Design/methodology/approach: Two measures of liquidity creation, the broad and narrow measures, are...

In this paper a procedure is developed to derive the predictive density function of a future observation for prediction in a multiple regression model under hierarchical priors for the vector parameter. The derived predictive density function is applied for prediction in a multiple regression...