Testing Capital Assets Pricing Model as a Tool for Predicting Stock Returns: An Empirical Study in the Indian Context

Author ABHAY RAJA PRIYA CHOCHA NITA LALAKIYA Abstract Capital Assets Pricing Model (CAPM) has always fascinated researchers’ interest. It is the most researched as well as critically examined area in the field of finance. The concepts of Capital Market Line (CML) and Security Market Line (SML) are used as tools for the estimation of expected Read More …

Association of Financial Leverage with Cost of Capital and Shareholder Value: An empirical study of BSE Sensex Companies

Author BHARGAV PANDYA Abstract Purpose – The paper aims to examine the impact of financial leverage on cost of capital and shareholder value. The primary objective of the paper is to offer empirical evidence to establish whether there exists any association between financial leverage and cost of capital, and between financial leverage and shareholder value. Read More …

A comparative study on stress levels among working women and housewives with reference to the state of Kerala

Author HARILAL A SANTHOSH V A Abstract Women play a pivotal role in the decision making process of organisations and within the family. Indian culture bestows on women the role of caretaker of the family. Women are increasingly moving out of their homes and into the work environment. A greater number of women are also Read More …

Empirical Evidence of Corporate Governance Disclosures and Board Size Modular with Financial Performance in select IT Companies in India

Author SAURABH KUMAR TWINKLE PRUSTY Abstract This paper investigates the relationship and impact of board size and corporate governance disclosures of selected listed Indian IT companies on their financial performance using data for five companies over a single period of 2014 to 2015. Using structure equation modelling, the study demonstrates the extent to which board Read More …

Indian Passenger Vehicle Industry: Strategic Analysis with Focus on the Big Four Firms

Author KARUNAKAR B. Overview of the Indian Automobile Industry The Indian market, before independence, was seen as a market for imported vehicles while assembling of cars manufactured by General Motors and other brands was the order of the day. The Indian automobile industry mainly focused on servicing, dealership, financing and maintenance of vehicles. After a Read More …

Basel III: Impact analysis for Indian Banks

Author SIDDHARTH SHUKLA Literature Review A considerable amount of research has been done on Basel III and its probable impacts considering various parameters. One such research study done by Vigneshwara Swamy (2013) estimated the impact of Basel III implementation on Indian banks in terms of loan spread, additional capital required and cost-benefit analysis of Basel Read More …

Working Capital Management Efficiency of the Indian Cement Industry

Abstract Efficient management of working capital is a fundamental part of the overall corporate strategy in creating shareholders’ value. Today, the management of Working Capital is one of the most important and challenging aspects of overall financial management. Optimization of working capital balance means minimizing working capital requirements and realizing maximum possible revenues. Efficient WCM Read More …

Delta Gains of Investment in Stocks on Financial Performance of Self-managed Provident Funds in India

Introduction Retirement funds are the funds which are accumulated throughout the working life of an individual for a proposed benefit payout when he superannuates or actually retires. This fund is an important source of monetary wealth used to earn income (in the form of annuity) to maintain the standard of living of the beneficiaries after Read More …