Collateralized bonds have been developed and sold by investment bankers in place of zero-coupon bonds to raise funds for companies facing cash flow problems. Additional bonds are issued and proceeds are deposited in an escrow account to finance the coupon payment. Our analysis indicates that a...

Purpose – The main purpose behind this work is to explore the methods already proposed in various literatures to overcome the issues associated with VAr management in a competitive environment. Managing reactive power support service in competitive electricity market environment has become an...

Employing a sample of stocks cross listed and subsequently delisted from foreign markets, we examine the consequences of delisting in terms of price, risk, volume, and liquidity. We also provide a direct comparison between the firm's performance due to foreign cross listing and its subsequent...