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Now showing items 151-160 of 175
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 ...
Swap Curve Steepener: A Teaching Note
(Indian Institute of Management Ahmedabad, 2017-12-27)
Swiss Roll (B): A Teaching Note
(Indian Institute of Management Ahmedabad, 2016-07-07)
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 ...
Swiss Roll (B)
(Indian Institute of Management Ahmedabad, 2016-07-07)
In the aftermath of global financial crisis of 2008 and the ensuing capital flows into Switzerland, the Swiss National Bank (SNB) decided to peg Swiss Franc (CHF) to the Euro (EUR), and announced that it would not let CHF ...
Hundred Million Dollar Beta
(Indian Institute of Management Ahmedabad, 2016-07-11)
This case is about the practical and conceptual issues involved in estimating the beta of a company for the purpose of computing the cost of capital using the CAPM (Capital Asset Pricing Model). In many applications of the ...