01
Original Article
Open Access
The Impact of the Global Crisis of 2008-09 on the Relationship Between Stock Markets and Oil Prices in the BRIC Countries
Giray Gozgor, Valéri Natanelov, Guido Van Huylenbroeck
· pp. 7–20
DOI: 10.17010/ijf/2015/v9i4/71454
This paper examined the relationship between the equity indices in the BRIC economies and oil prices for the period from September 22, 1997 to November 29, 2013. We focused on various sub-periods to obtain statistically robust and economically solid relationships …
Keywords:
Stock Markets, BRIC Countries, Crude Oil Price, Panel Data Estimation, Time Series Estimation Techniques
02
Original Article
Open Access
An Empirical Evidence of Dynamic Interaction between Institutional Fund Flows and Stock Market Returns in India
Pramod Kumar Naik, Puja Padhi
· pp. 21–32
DOI: 10.17010/ijf/2015/v9i4/71455
This study examined the relationship between institutional investment flow and stock returns using daily data over the period of January 1, 2002 to July 31, 2012. The analysis was conducted using two and three factors vector autoregression (VAR) frameworks, in …
Keywords:
Institutional Investment, Mutual Fund Flows, Foreign Institutional Investment, Stock Returns
03
Original Article
Open Access
Working of Urban Co-Operative Banks in the Coastal Andhra Region of Andhra Pradesh
K. Sudhakara Rao
· pp. 33–43
DOI: 10.17010/ijf/2015/v9i4/71456
The urban co-operative movement was active in the Coastal Andhra region of Andhra Pradesh when it was a part of the Madras State. Though all the districts in the region are geographically identical, other variables like demographic characteristics, number of …
Keywords:
Share Capital, Reserves, Owned Funds, Deposits, Working Capital, Loans and Advances, Net Profit, Co-Operative Banks
04
Original Article
Open Access
Behavioral Prospects of Individual Investor Decision Making Process: A Review
Rajdeep Kumar Raut, Niladri Das
· pp. 44–55
DOI: 10.17010/ijf/2015/v9i4/71457
The bounded rationality of human behavior has become the most prominent issue nowadays for the researchers of applied economics and finance. A lot of evidence is available that shows the psychological and social patterns merging with individuals' capital markets investing …
Keywords:
Behavioral Finance, Stock Markets, Psychological Biases, Social Influence, Market Efficiency