01
Original Article
Open Access
Indian Stock Market Volatility and Economic Fundamentals : MIDAS Approach
Ashwani, Ved Pal Sheera
· pp. 7–21
DOI: 10.17010/ijf/2018/v12i8/130741
Since the onset of endogenous growth theory, financial development has remained a centre place among policymakers and academicians for its multifold roles in accumulation of productive assets in an economy. Parallelly, the capital market has also provided advantages to the …
Keywords:
macroeconomic indicators, stock market, volatility, MIDAS GARCH G120, G140, G170
02
Original Article
Open Access
Impact of Microfinance on Women Empowerment : A Study of Rural Gujarat
Ritesh Patel, Mitesh Patel, Nikunj Patel
· pp. 22–35
DOI: 10.17010/ijf/2018/v12i8/130742
Microfinance is considered as an important financial service in many countries. The objective of this study was to evaluate the impact of microfinance on women empowerment. The paper aimed to judge the societal transformation through strategic interventions of microfinance in …
Keywords:
microfinance, self-help groups, societal transformation, rural area, women empowerment
03
Original Article
Open Access
Predicting Corporate Financial Distress for Widely Held Large - Cap Companies in India : Altman Model vs. Ohlson Model
Ansuman Chatterjee
· pp. 36–49
DOI: 10.17010/ijf/2018/v12i8/130743
In the present study, an attempt was made to compare the prediction accuracies of Altman's Z - score model and Ohlson's O - score model, primarily in predicting financial distress for widely held large cap companies in India. Over a …
Keywords:
Altman's Z - score model, bankruptcy, corporate failure, debt default, financial distress, leverage, logit analysis, multiple discriminant analysis, Ohlson's O - Score model, ratio analysis, solvency
04
Original Article
Open Access
Asset and Debt Management Ratios in Bankruptcy Prediction - Evidence from India
Adithi Ramesh, C. B. Senthil Kumar
· pp. 50–63
DOI: 10.17010/ijf/2018/v12i8/130744
The purpose of this paper was to attempt an evaluation of effectiveness of asset and debt management ratios as an analytical tool to predict corporate bankruptcy. Earlier, Altman (1968), Ohlson (1980), and Zmijewski (1984) analyzed the power of financial ratios …
Keywords:
asset and debt management, bankruptcy, long term debt management, market capitalization, cash from operations
