This study examines the performance of corporate sustainable bonds. Unlike traditional bonds, the proceeds of sustainable bonds are utilized for financing projects to bring about environmental and socio-economic benefits. First, we analyse the market reaction to traditional and sustainable bond...

SPACs or Special Purpose Acquisition Companies are shell companies, created to raise capital and used by private firms to access capital markets. Using a global sample of SPAC firms, this study assesses their performance and finds evidence of significant positive abnormal returns for SPAC firms...

The purpose of this study is to examine the connectedness amongst technology stocks, cryptocurrencies and non-fungible tokens (NFTs). Using daily returns and risk data, we apply various connectedness measures to technology stocks, cryptocurrencies, and NFTs over the period 2018 – 2021. We...

This study examines Indian firms that go public overseas through American Depository Receipts (ADRs) and Global Depositary Receipts (GDRs) and investigates the performance of ADRs and GDRs as a means of raising finance overseas for such firms. Our sample is composed of 124 firm year observation...

Impact investing is based on using the ESG framework as a tool to evaluate firms that engage in generating positive impact. Most impact investors and fund managers now integrate the ESG framework in their investment and stock-picking process. However, due to lack of standardisation of ESG...