The purpose of this study is to identify the effect of free cash flow on the profitability of the Diversified Holding companies listed in the Colombo Stock Exchange. This study will facilitate individual and institutional investors with information to take appropriate decision, as this paper...

Individual investor’s behavior is extensively influenced by biases that are highlighted in the growing discipline of behavior finance. This study is one of another effort to assess the determinants of behavioral biases in investor’s investment decision-making. The present study has analyzed...

ABSTRACT This study examines whether the value relevance of Operating Cash Flows (OCF) varies between banks listed in the Egyptian Stock Exchange (ESE) as a representative of emerging markets and banks listed in the Beirut Stock Exchange (BSE) as a representative of frontier markets. We test our...

How dividend policy shakes the price of share of an enterprise` is one of the most significant research issues in the ground of modern investment and finance. This study examines the influence of dividend announcement on the price of the mutual fund those are registered in Dhaka Stock Exchange...

In the recent times, the Coronavirus Pandemic substantially influenced the financial markets. Such influence includes the transformations experienced by some calendar anomalies. This paper investigates the Extended Holiday Effects presence on the returns of three indexes from the Bucharest Stock...

This paper examines the Turn of the Month (TOM) effect in the highly capitalized emerging South African stock market which presents this calendar not only in the stock market, but in the USDZAR FX market also. These characteristics enable us to gain new perspectives on the study of the TOM...

This paper employs a combination of unit root tests and fractional integration techniques using the ARFIMA (p,d,q) model to test rational bubbles, which implies herd behavior, in Bombay Stock Exchange (BSE). The results in the paper strongly support the evidence of herd behavior in the daily,...

Excessive trading frequency of individual investors is never completely explained from concepts covered under traditional finance. Therefore, objective of this paper is to investigate the impact of three behavioral biases i.e., overconfidence, loss aversion and regret aversion on the trading...

Stock exchanges, as regulating entities designated by the Securities and Exchange Commission (SEC), have wielded their rulemaking power on various issues, ranging from the independent board committee requirement adopted in 2003 to the board diversity requirement proposed in 2020. Simultaneously,...

Automated market makers (AMMs) are algorithms that pool liquidity and make it available to liquidity takers by automatically and algorithmically determining an execution price of a trade. In the recent markets for digital assets, a growing number of blockchain-based decentralized exchanges (DEX)...