Case study analysis is used to examine the application of real options in valuing a commercial real estate mall project. Comparison of valuations using traditional discounted cash flow model with Black-Scholes, Binomial and Samuelson-McKean option models brings out the relevance of real option...

‘Time’ and ‘value’ are the huge assets used by banks in risk management. This paper investigates the time-varying impact on the value of banks’ asset-liability positions to the macroeconomic fluctuations in the bank risk factors, such as interest rate risk, credit risk, foreign...

The present study examines the link between diversification strategies and earnings management for firms operating in manufacturing sector. Diversification strategies include expansion across market (international diversification) and product segments (product diversification). The sample...

Purpose: This paper aims to investigate the interrelations between purchasing power parity (PPP) and uncovered interest parity (UIP) in BRICS economies, namely, Brazil, Russia, India, China and South Africa, by checking the validity of the capital-enhanced equilibrium exchange rate (CHEER)...

This study examines the impacts of unconventional monetary policy on the exchange rate, stock market, and bond market during the COVID-19 economic crisis in an emerging economy. It focuses particularly on the asset purchase program conducted by the Central Bank of India. The Central Bank...