01
Original Article
Open Access
GARCH - BEKK Approach to Volatility Behavior and Spillover : Evidence from India, China, Hong Kong, and Japan
Ashish Kumar, Swati Khanna
· pp. 7–19
DOI: 10.17010/ijf/2018/v12i4/122791
The present study investigated the volatility behavior and its spillover in stock markets of four Asian countries namely : India, China, Hong Kong, and Japan. ARCH, GARCH (1, 1), and bivariate GARCH - BEKK model was applied to examine and …
Keywords:
Volatility, Volatility Spillovers, GARCH-BEKK Models, ARCH Effect, GARCH Effect
02
Original Article
Open Access
An Analytical Study on Determinants of Capital Structure Composition During the Post Liberalization Period in India
Geetika Batra, Alka Munjal
· pp. 20–36
DOI: 10.17010/ijf/2018/v12i4/122792
This paper analyzed the capital structure composition of firms during the post financial liberalization period in India. The study used data of 41 Indian listed firms excluding financial services firms listed on Nifty indices on National Stock Exchange over a …
Keywords:
Financial Liberalization, Capital Structure, Financial Leverage
03
Original Article
Open Access
An Empirical Study to Compute the Efficiency of Indian Banks During the Pre and Post Periods of Recession with the Help of Data Envelopment Analysis
Arindam Banerjee
· pp. 37–53
DOI: 10.17010/ijf/2018/v12i4/122794
The present study was undertaken to measure the efficiency of Indian commercial banks during the pre and post periods of the recent global recession. Data envelopment analysis (DEA) as an operation research technique was utilized to measure the efficiency of …
Keywords:
Data Envelopment Analysis, Decision Making Units, Linear Program, Profitability, Recession
04
Original Article
Open Access
Predicting Earnings Manipulation Using Beneish M - Score of Selected Companies in India
Charmi Shah, Mehul Saraswat, Akshay Mehta
· pp. 54–66
DOI: 10.17010/ijf/2018/v12i4/122796
In the field of global competition, the corporate world is witnessing manipulation of financial statements to achieve the desired outcomes. According to India Forensic Consultancy Services, at least 1200 companies listed on domestic stock exchanges counterfeited their financial statements. The …
Keywords:
Earnings Manipulation, Beneish M-Score, Indian Companies