Purpose: This paper investigates the style timing and liquidity style timing vis-à-vis the market, size, value and momentum factors of the actively managed Indian equity mutual funds. Design/methodology/approach: We examine the style timing of the funds using the augmented Carhart four-factor...

Purpose: The purpose of this study is to empirically examine the presence of herding behavior of Indian investors using daily sample data drawn from the Standard and Poor's (S&P) Bombay Stock Exchange-500 Index over the period 2007–2018. Design/methodology/approach: The study employs the...

Purpose: This study aims to empirically compare the performance of Islamic indices vis-à-vis to their conventional counterparts in India. Design/methodology/approach: The performance of the Islamic and selected conventional indices is evaluated using various risk-adjusted performance measures...

Purpose: The purpose of this paper is to investigate the stock market performance of companies featured in the survey “Best Companies to Work For” as a proxy for corporate culture. Design/methodology/approach: The authors employed the portfolio formation and event study methods from finance...

Purpose The purpose of this paper is to examine the role of value-at-risk (VaR) in the cross-section of stock returns in the Indian stock market during the period 1999-2014. Design/methodology/approach The paper follows the methodology of Bali and Cakici (2004) to investigate the relationship...