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Now showing items 11-20 of 23
Indian financial sector reforms: a corporate perspective
(1998-10-12)
Until the early 90s/ corporate finance managers in
India were given very little freedom in the choice of
key financial policies as the government regulated
the pricing of debt and equity instruments and
directed the ...
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 ...
Guidelines on share valuation: how fair is fair value?
(1990-09-29)
The Indian capital market has shown signs
of buoyancy and dynamism in the recent
past. There is a very real need, therefore, to
nurture and to give positive direction to the
emerging trends in this sphere of ...
Securities scam: genesis, mechanics, and impact
(1993-09-30)
The term "securities scam" refers to the
diversion of funds from the banking system
to various stockbrokers in a series Of
transactions—primarily government
securities—during the period April 1991 to
May 1992. An ...
Corporate governance in India: disciplining the dominant shareholder
(1997-10-11)
The nascent debate on corporate governance in India has tended to draw heavily on
the large Anglo-American literature on the subject. This paper argues however that
the corporate governance problems in India are very ...
Impact of the budget on the capital markets
(1997-10-08)
This was a budget that carried reforms
forward in all the main areas - fiscal
correction, tax reforms, and tariff reforms.
Most importantly, the budget broke the
vicious cycle of worsening expectations
that had put ...
Indian equity options: smile, risk premiums, and efficiency
(John Wiley & Sons, 2018-09-15)
We study the pricing of equity options in India which is one of the world's largest options markets. Our findings are supportive of market efficiency: A parsimonious smile‐adjusted Black model fits option prices well, and ...
Computational finance using QuantLib-Python
(IEEE Computer Society, 2016)
Given the complexity of over-the-counter derivatives and structured products, almost all derivatives pricing today is based on numerical methods. Large financial institutions typically have their own teams of developers ...
Size, value, and momentum in Indian Equities
(Sage, 2017)
A quarter century has elapsed since India embarked on the process of economic reforms in 1991. In this article, we look at the post-reform period of the Indian equity market to understand the performance ...