Modeling and forecasting volatility of capital markets has been important area of inquiry and research in financial economics with the recognition of time-varying volatility, volatility clusturing, and asymmetric response of volatility to market movements. Given the anticipated growth of the...

This paper examines the weak form market efficiency of Nepalese stock market by using 1970 daily observations from 2003 to 2009 of the general NEPSE index and seven different sector-wise indices. The study employs five different tests of random walk: autocorrelation test, runs test, unit root...

This paper analyzes the relationship between some characteristics of the corporate board and the firm's capital structure in Nepalese listed firms using panel data models. The findings provide some preliminary empirical evidence and seem to suggest that stronger corporate governance practices...

An attempt has been made in this paper to examine the existence of causality relationship between stock market and economic growth based on the time series data for the year 1988 to 2005 using Granger causality test. The study finds the empirical evidence of long-run integration and causality of...

The study aims to empirically examine the transmission of volatility from global stock markets to Indian stock market. The study is based on time series data comprising of daily closing stock market indices from National Stock Exchange (NSE), India and major foreign stock exchange of the three...

Study of volatility in the equity market is a crucial issue in economics and finance. Volatility change in the stock prices has many adverse effects on an economy and also investment. It has received great attention from both academicians and practitioners over the last two decades because it...

The paper attempts to analyze relationships among corporate governance, ownership structure and firm performance in Nepal. The study comprises of panel data set of 25 firms listed at Nepal Stock Exchange (NEPSE) covering a period of five years from 2012 to 2016. The econometric methodology for...

The paper attempts to analyze inter-linkages between corporate governance, ownership structure, capital structure and firm performance in India. The study employs a panel data of all CNX Nifty companies from 2008 to 2012. Using LSDV panel data models and 2SLS model the study reveals that that...

There are two hypotheses about the relationship between competition and financial stability in the banking system: “competition-fragility” view argues that competition makes banks more likely to take excessive risks, thereby leading to fragility, while “competition-stability” view...