Search
Now showing items 1-8 of 8
Gorbachev betas the Russian coup and market blues
(2009-12-12)
Extensive work has been done on response of stock markets to a variety of events, such as announcement of a firm s financial results, changes in a firm s variables. However, little work has been done on response of stock ...
Value at risk models in the Indian Stock market
(2009-12-12)
This paper provides empirical tests of different risk management models in the Value at Risk (VaR) framework in the Indian stock market. It is found that the GARCH-GED (Generalised Auto-Regressive Conditional Heteroscedasticity ...
Towards a unified market for trading gilts in India
(2009-12-14)
This paper argues for a reconsideration of most elements of this design. Government securities are a unique asset class to which all Indians should have non discriminatory access. Segregated markets are unacceptable. Nor ...
Comments on governance, supervision and market discipline : lessons from Enron
(2002-10-21)
At the outset, Professor Varma is to be complimented for the meticulously painstaking
effort in putting together a comprehensive and very readable narrative of the Enron
episode (and others of similar ilk around the same ...
Indian financial sector and the global financial crisis
(2009-07-15)
Though the Indian financial sector had very
limited exposure to the toxic assets at the
heart of the global financial crisis, it suffered
a severe liquidity crisis after the Lehman
bankruptcy. This liquidity crisis ...
The Satyam story: many questions and a few answers
(Vikalpa: The Journal for Decision Makers, 2009-11-11)
The unfolding of the shocking Satyam fraud has brought to the fore the wide ranging implications to a multiplicity of stakeholders in the company. The need to dialogue, share, discuss, and reflect is very important at this ...
Corporation and Its shareholders: what should b-schools teach? (Colloquium)
(2006-11-01)
A corporation, in theory, is owned by its shareholders. That is to say, the
shareholders contribute some of their money — often a paltry amount —
to the equity capital of the corporation. They are presumed to bear a ...
A First Cut Estimate of the Equity Risk Premium in India
(2009-08-08)
We estimate the equity risk premium in India using data for the last 25 years. We address the shortcomings of existing indices by constructing our own total return index for the 1980s and early 1990s. We use our estimates ...