Case study analysis is used to examine the application of real options in valuing a commercial real estate mall project. Comparison of valuations using traditional discounted cash flow model with Black-Scholes, Binomial and Samuelson-McKean option models brings out the relevance of real option...

This paper empirically investigates the importance of precautionary and mercantilist approaches to international reserves in the Indian context using monthly data from 1993:06 to 2007:03. The ARDL approach to cointegration is used to estimate as in the long-run relationship between reserves and...

The present study examines the link between diversification strategies and earnings management for firms operating in manufacturing sector. Diversification strategies include expansion across market (international diversification) and product segments (product diversification). The sample...