The study empirically investigates two theories that claim to explain the low-risk effect in Indian equity markets using a universe of stocks listed on the National Stock Exchange of India (NSE) from January 2000 to September 2018. Leverage constraints and preference for the lottery are two...

List of Exhibits Acknowledgements Abbreviations Introduction PART I: Financial Planning and Working capital management 1 Monark Building Materials: Estimating Working Capital Fund Requirements 2 Amber Enterprises: Working Capital Assessment for Seasonal Business 3 ValueBuy Retail: Working...

The study empirically investigates two theories that claim to explain the low-risk effect in Indian equity markets using a universe of stocks listed on the National Stock Exchange of India (NSE) from January 2000 to September 2018. Leverage constraints and preference for lottery are two major...