01
Original Article
Open Access
Inflation Versus Prime Lending Rates: An Empirical Analysis
Deepa Chandran, Philo Francis
· pp. 5–14
DOI: 10.17010/ijf/2014/v8i2/71976
The inflation rate in our country increased significantly during the last six years. The Reserve Bank of India has been using high interest rate policies to contain the excessive instability and the excessive money supply in the economy. In this …
Keywords:
ICICI Benchmark Advance Rate, Inflation, Prime Lending Rates, State Bank Advance Rate
02
Original Article
Open Access
Buoyant Agglomeration of the VAT Refund: An Application of EFA and CFA
Sunil Kumar, Tejwant Singh Bagga
· pp. 15–25
DOI: 10.17010/ijf/2014/v8i2/71977
Agglomeration of the VAT refund is a major flaw in the VAT system which certainly pushes the future of the industry into the dark and also unnecessarily harasses the industrial units because a lot of funds are blocked in the …
Keywords:
Input VAT, Output VAT, Accumulated VAT, Refund
03
Original Article
Open Access
Is Fear (VIX) a Priced Factor in Multi Factor Asset Price Modeling?
Santosh Kumar, K. V. S. S. Narayana Rao
· pp. 26–36
DOI: 10.17010/ijf/2014/v8i2/71978
This study examines the effect of volatility measure VIX in the Fama and French model augmented by Durand et al. (2011) in the Indian stock market. It also tries to investigate the pricing effects and dynamic interaction of the volatility …
Keywords:
Fear (VIX), Size, P/B, Asset Pricing Model, Factor Return, SMB, HML
04
Original Article
Open Access
Determinants of Shareholder Gains in Acquisitions: An Empirical Study in the Indian Corporate Sector
Abhishek Raghuvanshi, Anvita Raghuvanshi
· pp. 37–48
DOI: 10.17010/ijf/2014/v8i2/71979
India today is witnessing a wave of mergers and acquisitions in this decade. This has important implications for not only the participating firms, but also for the shareholders investing in these firms. The firms thus need to understand the impact …
Keywords:
Acquisitions, Value and Growth Firms, Premiums, Abnormal Returns