The interest in the study of behaviour of the transactions demand for cash by corporations has been stimulated by Baumol (1952), Tobin (1956), and Friedman (1959). Baumol and Tobin suggested that there are economies of scale in cash holdings and transactions elasticity of cash balances is 0.5....

This paper derives the transaction demand for inventory equations so as to investigate whether transactions inventory balances vary proportionately or less than in proportion to changes in the volume of sales. It also investigates the effect of capital costs on inventory holdings of the...

This paper examines the impact of bank specific variables and macroeconomic variables on the performance of commercial banks of Nepal. The dependent variable is bank performance which has been specified in terms of ROA, ROE and NIM while the independent variables are capital adequacy ratio,...

This paper aims at determining the role and impact of saving, investment and capital formation in economic development of Nepal. The macro economic variables are introduced vide an extension of the econometric model, which explicitly included Almon's (1965) Polynomial Lag Model. The empirical...

The purpose of this paper is to address the stock market behaviour in a small capital market in the context of Nepal. It attempts to examine relationship of market equity, market value to book value, price-earning, and dividends with liquidity, leverage, profitability, assets turnover, and...