There is no dearth of research in the area of Optimal Hedge Ratio estimation. The general consent goes towards use of Multivariate Generalized Autoregressive Conditionally Heteroscedastic (MGARCH) model because of superior outcomes having low portfolio volatilities over other models (like: OLS...

The recent financial crisis in US and then debt crisis in Europe have impacted the economical performance of world in general and financial performance in particular. With increase in globalization and cross-border trade, dependency of one economy increases on other economies. Portfolio...

Washington Mutual bank (WaMu) was United States largest savings and loan association managing an asset of value $327.9 billion valued in year 2007 until it filed for bankruptcy (on 25th September 2008) making the occasion as the largest bank failure in U.S. history by asset size. Before filing...

This paper investigates empirically the determinants of firm value creation. For this, 16 companies of four sectors namely Metal, Fast Moving Consumer Goods (FMCG), Information Technology (IT) and Automobile industry listed on Bombay Stock Exchange (BSE) from 2002 to 2011 were identified on the...

In developed financial markets, there is no dearth of literature on relationship between spot and future market. India, in the year 2000 introduced derivative market to provide risk mitigation mechanism to market participants. The present study concluded that there is no short-run relationship...