The investors in primary market often invest on the basis of recommendations given by brokerage houses or hearsay. However, even if the stock quotes at a price higher than what it has been issued for in the primary market, the …

Survival in the context of global competition calls for acceptable performance by the Indian Banks. Bank performance is gauged by evaluating financial performance indicators pertaining to their soundness and profitability. While opening of the Indian economy to global Banks, a …

EMH argues that any event which doesn't contain any information should not affect price and as stock split seems to be only a cosmetic event, it should not lead to any abnormal return on or surrounding either announcement date or …

The purpose of this paper is to investigate the private savings behaviour in Lesotho by employing an application of autoregressive distributed lag (ARDL) model. The empirical evidence on the determinants of private savings, the basic features of the Lesotho economy, …

This paper focuses on an ex post trading problem in inter-bank money markets. An "over the counter" inter-bank market is modeled in this paper. Relationship banking leads to private proprietary information that causes bargaining failure in such markets with positive …

US sub prime crisis happens to be more serious as the synchronization effect has been larger because of globalization financial markets. The crisis, which started in the financial system, has been having adverse effect on the real economy. This paper …