The aim of this paper is to study the integration of volatility in the three markets, viz. spot, futures and options, in order to provide input for hedging purposes and the formulation of policies for derivatives. The generalized method of moments (GMM) is used to capture the simultaneous...

Globalization has its own problems. Though, it was brought as a solution to many issues and going to be a life changer. It was like that but along with that, globalization has integrated the world and any problem coming to one corner gets percolated to other corners of the world soon. In stock...

Purpose: The purpose of this paper is to study the general trends in the area of dividend policy which will help to identify fertile research streams in this area with a potential for further investigation. Design/methodology/approach: To conduct a systematic literature review, the authors use...

In the globalized world of 21st century, the world order has become dynamic. But the parameters of success are same. A country having only internal success cannot sustain for long and similarly for external success. External success is largely dependent upon exchange rate movements and its...