Till the late seventies, empirical studies bolstered the view that capital market are informational efficient. Academician and researcher on the concept of informational efficiency of capital markets developed various theoretical security valuation models. However the late seventies and eighties produced …

The term 'leverage' may be defined as the percent of change in one variable by the percent of change in some other variable or variables. In finance, the term leverage is used to describe the firm's ability to use fixed …

This article deals with a broad array of topics that fit together through certain logic that we generally call Financial Engineering. The approach uses a combination of historical anecdotes, elementary discussion on mathematics for Finance and Economics and real world …

Investments have become a basic necessity for everyone. In our country there is rapid growth in investment. More number of investors is investing their funds in different types of investment opportunities. Investing wisely is a function of investor's specific needs …

Foreign institutional investors are likely to have similar characteristics to domestic institutional investors. Nonetheless, there are policy relevant implications of the choice between domestic and foreign institutional investors. Foreign institutional investors may be able to tap larger amounts of capital …