The uncertainty that arises in textile supply chains may be attributed to several causes. These may be due to the uncertainty in demand caused by changing product variety, rate of new product innovation, lead-time from design to production, etc., or due to uncertainty in supply caused by the...

Company investment announcements can be expected to affect the long-term performance of its stock prices. If the stock markets are efficient (Fama; 1970), investors expect the market to react quickly to the announcement, adjusting the market capitalization of the firm by the change in the...

Derivatives have become widely accepted as tools for hedging and risk-management, and also to some extent for speculation. A more recent trend has been gaining some ground, that of arbitrage in derivatives.The critical parameter in derivatives pricing is the volatility of the underlying asset....

The last twelve months have seen the Indian Rupee (INR) soaring to new highs against the Dollar (USD), and subsequently falling to new lows. This has been a key concern, with the INR rising notably from around INR 47/$ level in July 2007 to its level around INR 38/$ in September 2007, and back...

This study examines the consistency of rankings of Indian banks under the CAMEL framework. Consistency is necessary in order for the model to give an objective ranking of the banks and discriminate clearly/correctly between high and low performing banks. The analysis is performed on a sample of...

The circulation patterns over the Indian Ocean and the surrounding continents have been studied during June 2009 and July 2002 to explain the failure of Indian summer monsoon (ISM) rainfall. This study presents evidences that the failure of the ISM during these 2 months was probably due to the...

Asset-liability management in banks is the strategic management of assets and liabilities aimed to optimize profitability, while ensuring liquidity, and protecting against different risks. The study examines the impact of asset-liability management on the banks’ profitability for a sample of...

At the heart of the CAPM lies the concept of systematic risk. The systematic risk of a security is that component of the total risk of the security that is explained by market risk. This study investigates the econometrics of the CAPM. In particular, it analyses Granger causality from market...