01
Original Article
Open Access
Moderating Role of Stock Return Volatility in Corporate Governance–Firm Value Structural Linkages : Insights from a PLS-SEM with IPMA Approach
Raj Kumar Singh, Naresh Kumar, Yashvardhan Singh, Ajay Kumar, Sunil Kumar
· pp. 8–32
DOI: 10.17010/ijf/2025/v19i1/174693
Purpose: This study examined the structural linkages between corporate governance (CG) and firm value (FV) through financial performance (FP) and CEO-duality (CEOD) as mediating and stock return volatility (SRV) as moderating constructs.Design/ Methodology: This research utilized secondary data derived from …
Keywords:
corporate governance, firm value, CEO-duality, stock return volatility, financial performance. JEL Classification Code
02
Original Article
Open Access
Does Corporate Governance Influence Firms’ Credit Ratings? Evidence from India
Jaspreet Kaur, Soma Dey
· pp. 33–51
DOI: 10.17010/ijf/2025/v19i1/174694
Purpose: Credit rating was an indicator of a firm’s creditworthiness, evaluated by rating agencies using firm-level characteristics combined with their judgment and experience. The literature hypothesized that a firm’s governance mechanism influenced its likelihood of default and the risk to …
Keywords:
credit rating, corporate governance, board size, gender diversity, ordered probit regression
03
Original Article
Open Access
Efficiency and Predictive Power of Technical Trading Rules in Post-COVID-19 Era : A Study of BRICS Stock Market
Poonam, N. S. Malik
· pp. 52–66
DOI: 10.17010/ijf/2025/v19i1/174695
Purpose: This study was an attempt to test the efficiency and revalidate the technical trading strategies based on the exponential moving average (EMA), relative strength index (RSI), and moving average convergence divergence (MACD) on stock returns in Brazil, Russia, India, …
Keywords:
technical trading, EMA, stock market, BRICS
04
Original Article
Open Access
Determinants of the Stock Return – Exchange Rate Dynamic Linkage in India and China
Abha Mohan, Tomy Mathew, Roy Sam Daniel
· pp. 67–80
DOI: 10.17010/ijf/2025/v19i1/174696
Purpose: The present study tried to identify the macroeconomic variables that determined the dynamic linkage between stock return and exchange rate in two prominent emerging economies: India and China. The determinants of the stock return–exchange rate linkage varied from country …
Keywords:
stock return, exchange rate, macroeconomic variables, dynamic conditional correlation