This paper examines the empirical relationship (contemporaneous and causal) between volume and return, and volume and volatility in the light of competing hypothesis about market structure by using daily data of Sensitive Index of the Bombay Stock Exchange. Consistent with mixture of...

Worldwide, corporations are using the Internet to reach customers instantaneously. Corporates in the western world are known to use internet services more extensively even for reporting their financial performance as it provides instant accessibility, besides being interactive. Thus, there is a...

In a banking institution, the most important function is the management of the funds. The efficiency with which the funds are managed is reflected through the financial margin of the bank, which, in turn, is influenced by many factors. The ratio of own funds to working funds, the ratio of low...

The anomalous behavior of Initial Public Offerings (IPOs) has been extensively researched and debated. Numerous studies have documented stock price and operating underperformance of IPOs and suggested several reasons like earnings management, timing of issues, agency theory, etc., as causing...

The present study investigates the information dissemination efficiency of the Indian equity futures market. Daily log returns of all indices as well as individual stock futures contracts understudy have been found to be non-normal and responding asymmetrically to the information shocks....

The present study examines the arbitrage efficiency of the Indian equity futures market over the sample period June 2000 to December 2005. The results suggest that although stable and strong long-run relationship exists between futures and cash markets but futures show significant deviations...

This paper examines the impact of lock-in period expiration on share prices and stock volume using closing prices and volume of BSE index for the period of 21 and 11 days around the event. The sample consists of one sixty five events of lock-in period expiration during seven year period i.e....

This paper examines the performance of 648 initial public offerings (IPOs) listed on the Bombay Stock Exchange (BSE) from June 1992 to March 2002 over a five-year period. Voluminous research across the world suggests that IPOs unanimously witness very high returns in the short run; as opposed to...

This paper seeks to examine the impact of internet banking on banks' performance and also whether, among banks offering internet banking, those that have offered it for a relatively long time outperformed those that only recently began to offer it. Using the data on financial performance of 82...

This paper seeks to examine the impact of internet banking on banks' performance and also whether, among banks offering internet banking, those that have offered it for a relatively long time outperformed those that only recently began to offer it. Using the data on financial performance of 82...