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...

Purpose: The purpose of this paper is to examine the effect of the presence of independent board directors on financial performance in India. Design/methodology/approach: This study used panel regression models on large listed Indian firms to investigate the impact on financial performance...

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...

Firms play a key role in growth of India and there is a need to enhance their competitiveness significantly. For that, they may need higher flexibility in their governance systems. This paper explores the relationship between flexibility in corporate governance (CG) mechanisms and international...

This paper attempts to analyze the relationship between Operational Risk Management (ORM), Size, and ownership of Indian Banks. This is important in the context of financial crisis experienced by developed countries due to lax regulation. ORM practices of Indian banks are proxied by excess...

This study examines the outperformance of Economic Value Added (EVA) on traditional performance measures in explaining the contemporaneous Market Value Added (MVA).We also aim to test the best predictor of MVA of Indian companies among the value based measure and traditional performance measure....

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....