Purpose: The objective of this study was to identify the non-linear predictors of mispricing in India. Furthermore, the study evaluated the variation in overpriced and underpriced issues using the spline analysis in India. Design/Methodology/Approach : The study is based on …

Purpose: This study investigated the validity of the Arbitrage Pricing Theory (APT) in the Indian capital market and compared its explanatory power with the capital asset pricing model (CAPM). Methodology: Using monthly data spanning seven years (2017–2023), the study analyzed …

Purpose: This study examined the impact of key macroeconomic factors (liquidity, gross domestic product (GDP), real effective exchange rate (REER), consumer price inflation (CPI), and real interest rate) on mergers and acquisitions (M&As) volumes within the QUAD countries (Australia, India, …

Purpose: To address the time-varying integration of the Indian stock market and to understand the true nature of domestic returns and their alignment with the global market. If misaligned, what could be the causes? Methodology: The International Capital Asset Pricing …