01
Original Article
Open Access
Does Lintner Model Explain Dividend Payments of the Indian Banking Sector ?
Nusrathunnisa, R. Duraipandian
· pp. 7–25
DOI: 10.17010/ijf/2019/v13i3/142265
The present paper attempted to explain the applicability of Lintner models of dividend policy in the banking sector in India. This study was based upon a sample of 21 public and private banks belonging to the Indian banking sector for …
Keywords:
EPS, cash flow, lagged dividend, capital expenditure, Lintner models G3, G35, G350
02
Original Article
Open Access
Lower Boundary Conditions and Pricing Efficiency Testing of Indian Index Options Market : Empirical Evidence from Nifty 50 Index
Kelvin Mutum, Ashim Kr. Das
· pp. 26–38
DOI: 10.17010/ijf/2019/v13i3/142266
This article examined the pricing efficiency of the Nifty 50 index options market by empirically testing the lower boundary conditions (LBCs), a model - free approach. The study covered a period from April 1, 2012 to March 31, 2018. The …
Keywords:
Abnormal Profits, Lower Boundary Conditions, Mispriced Options, Call and Put Options
03
Original Article
Open Access
Insurance Development and Economic Growth : Evidence from India
Monika Chopra, Rupish Saldi
· pp. 39–50
DOI: 10.17010/ijf/2019/v13i3/142268
Insurance as a component of the financial structure can be a vital element in the growth of economic activities as well as can enable an increase in the economy's size, employment, managed assets, etc. In light of this expected role …
Keywords:
Insurance Density, Insurance Penetration, Causality, Economic Growth
04
Original Article
Open Access
Modelling Volatility Clustering and Asymmetry : A Study of Indian Index Futures Markets
Harpreet Kaur, Ravinderjit Singh
· pp. 51–65
DOI: 10.17010/ijf/2019/v13i3/142269
The main objective of this paper was to study volatility clustering and asymmetrical features of the Indian index futures markets using the most commonly used symmetrical and asymmetrical generalized autoregressive conditional heteroskedasticity models such as traditional GARCH and threshold GARCH …
Keywords:
Asymmetric Volatility, Garch, Tgarch, Commodity Futures (mcxcomdex), Stock Futures (futidx), Leverage Effects