This study deals with fundamentals of stock returns in Nepal. It examines if dividend yield, capital gain yield and total yield are related to earnings yield, size, book to market ratio and cash flow yield. The study is based on pooled cross sectional data of 40 enterprises whose stocks are...

This paper attempts to explain the effect of dividend payment and retained earnings on market price of share in the context of Nepalese companies. A majority of earlier studies conducted in USA mostly indicate that retained earning effect is more than the dividend effect given investment...

The results of this study do not support the independence assumption of random walk model. The Nepalese stock market may not be termed as "weakly efficient" in pricing of shares. The survey of the opinions of Nepalese financial executives indicate that the current market price of shares are...

In recent years, many statistical techniques have been used to indicate the financial variables for the prediction of financial distress. But, prediction of financial distress is a judgemental task. This study provides behavioral evidence from practicing Nepalese business executives on the...

The interest in the study of behaviour of the transactions demand for cash by corporations has been stimulated by Baumol (1952), Tobin (1956), and Friedman (1959). Baumol and Tobin suggested that there are economies of scale in cash holdings and transactions elasticity of cash balances is 0.5....

This paper derives the transaction demand for inventory equations so as to investigate whether transactions inventory balances vary proportionately or less than in proportion to changes in the volume of sales. It also investigates the effect of capital costs on inventory holdings of the...

This paper examines the impact of bank specific variables and macroeconomic variables on the performance of commercial banks of Nepal. The dependent variable is bank performance which has been specified in terms of ROA, ROE and NIM while the independent variables are capital adequacy ratio,...

This paper aims at determining the role and impact of saving, investment and capital formation in economic development of Nepal. The macro economic variables are introduced vide an extension of the econometric model, which explicitly included Almon's (1965) Polynomial Lag Model. The empirical...

The purpose of this paper is to address the stock market behaviour in a small capital market in the context of Nepal. It attempts to examine relationship of market equity, market value to book value, price-earning, and dividends with liquidity, leverage, profitability, assets turnover, and...

This study aimed at ascertaining the adequacy of financial resources for capital investment, financial objectives, qualitative factors, capital budgeting techniques, minimum return standard, and method of measuring the risk in the context of Nepalese enterprises. The study was based on...