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...

This study examines the relationship among leverage, dividend policy, profitability and market value in the context of Nepalese commercial banks. The dependent variables are value of commercial banks defined in terms of dividend per share and market price per share. The independent variables are...