01
Original Article
Open Access
Revisiting the Weak Form Efficiency with Structural Breaks: Evidence from the Indian Stock Market
Srikanth Parthasarathy
· pp. 7–21
DOI: 10.17010/ijf/2019/v13i10/147744
This study investigated the weak form efficiency in the Indian stock market after accounting for structural breaks. The parametric and non-parametric Wright (2000) sign variance ratio test and its multiple variance ratio extensions, after accounting for structural breaks based on …
Keywords:
Weak Form Market Efficiency, Variance Ratio, Structural Breaks, India, /p> JEL Classification
02
Original Article
Open Access
Financial Soundness of Maharatna Companies: Application of Altman Z Score Model
Shyamsunder Chitta, Ravi Kumar Jain, R. Sriharsha
· pp. 22–33
DOI: 10.17010/ijf/2019/v13i10/147745
Maharatna companies are the top most PSUs contributing greatly to the development of our nation and have existed for a long time and became self-sustained without depending on the government for funds. Recently, some of the companies have started losing …
Keywords:
Altman Z score, Maharatna, Navaratna, PSUs, Bankruptcy
03
Original Article
Open Access
CEO Overconfidence and Dividend Policy: Evidence from Tiger Cub Economies
C. M. Chee, N. H. Ab Razak, D. H. T. Wong
· pp. 34–48
DOI: 10.17010/ijf/2019/v13i10/147746
This study aimed to investigate the effect of CEO overconfidence and dividend policy in Tiger Cub Economies which are Indonesia, Malaysia, Philippines, Thailand, and Vietnam. This research also examined the determinants of dividend policy that includes lagged dividend payment, firm …
Keywords:
CEO Overconfidence, Managerial Overconfidence, Dividend Policy, Behavioral Corporate Finance
04
Original Article
Open Access
Impact of Retail Lending on Profitability of DCCBs of Punjab
Vandana Gautam
· pp. 49–61
DOI: 10.17010/ijf/2019/v13i10/147747
The cooperative banks were mainly established in India with a view to providing economic support to farmers by making available to them hassle-free loans. However, as a consequence of financial sector reforms, these banks faced a firm competition from several …
Keywords:
Cooperative Banking, Reconceiving Strategies, Diversification, Retail Loans and Differential Earnings