PurposeThe purpose of this paper is to construct a financial development index (FDI) for the Indian economy and also examine the relationship between FDI and economic growth.Design/methodology/approachAugment Dickey Fuller, Philli...... hiện toàn bộ
This article discusses issues common to the pricing of both insurance and finance. These include increasing collaboration between insurance companies and banks, deregulation of various insurance and finance markets, integrated risk management, and the emergence of financial engineering as a new profession. Rather than attempting to give an exhaustive exposition of the issues at hand, the a...... hiện toàn bộ
PurposeThe purpose of this paper is to compare the performance of commonly used value at risk (VaR) estimation methods for equity indices from both developed countries and emerging markets.Design/methodology/approachIn addition to...... hiện toàn bộ
Godfred A.Bokpin, Anthony Q.Q.Aboagye, Kofi A.Osei
PurposeThe purpose of this paper is to examine the extent to which corporate managers alter their capital structure in response to risk exposures on the Ghana Stock Exchange (GSE).Design/methodology/approachA panel data covering t...... hiện toàn bộ
PurposeThe purpose of this paper is to assess and explain the leverage of Saudi companies (53 companies) during the period 2003‐2007.Design/methodology/approachThis paper reviews two different classical capital structure theories,...... hiện toàn bộ
The proposals on accounting for financial instruments developed by the Joint Working Group look as though they will take several years to sort out. In the meantime listed companies in Europe have to report under international standards by the year 2005. The author looks at how companies, and in particular financial institutions, are going to have to respond to the European deadline.
PurposeThe purpose of this paper is to present an overview of weather derivatives markets and to highlight the importance of the contributing factors for weather risk management such as weather sensitivity, weather forecast, and economic growth. In this paper, the prospective of using weather derivatives in Portugal and why...... hiện toàn bộ