The real test of effectiveness of hedge models and its consistency happens when markets are turbulent and during extreme events. This study is, therefore, an attempt to explore Indian futures market for hedging by equity holders in general as well as in period of recent financial crisis. We have...

This paper is an attempt to find out the factors affecting investment by foreign portfolio investors in India. Considering firm-level variables, the paper tries to find out the importance of corporate governance factors in foreign portfolio investment in India, based on the annual governance...

This paper provides empirical evidence on the link between industry pricing dynamics and industry capital structure. We find evidence of countercyclical mark-up behaviour as predicted by Chevelier and Scharfstein (1996). The mark-ups are more countercyclical for industries with higher debt...

This paper provides empirical evidence on the link between industry pricing dynamics and industry capital structure. We find evidence of countercyclical mark-up behaviour as predicted by Chevelier and Scharfstein (1996). The mark-ups are more countercyclical for industries with higher debt...

We evaluate the performance of 21 equity (growth) funds using data envelopment analysis (DEA), Semi-Standard Deviation, Negative Potential Measure, and Morning Star Methodology. The results are compared with those obtained using conventional performance evaluation methods of Sharpe, Treynor, and...

The study examines the impact of credit risk components on the performance of credit risk management and the growth in non-performing assets of commercial banks in India.The data is obtained from primary and secondary sources. The primary data is collected by administering questionnaire among...

This paper attempts to examine the efficacy of the presence of independent board directors on financial performance in India.The study utilised panel regression models on large listed Indian firms to investigate the impact on financial performance due to the presence of independent directors.The...

This paper examines the impact of corporate governance (CG) on financial performance (FP) considering the endogeneity between governance and firm characteristics using a sample of large listed Indian firms from 2008 to 2011. We construct a "CG Index" based on six important governance mechanisms...

Researchers have come up with varied assertions with regard to the relationship between ownership structure and firm performance. Positive as well as negative relationships at differing levels of equity holdings by managers have been suggested by researchers leading to inconclusive results....

This study examines the relationship between board diversity and firm value for 500 large listed Indian firms. This relationship is examined using annual data from 2003-13. Board Diversity is measured by presence of women on the board. Firm Value is measured by using both accounting and market...