As the trade and information flow in the financial markets increasing, they are becoming more volatile and sensitive to extreme events. Markets are now characterized by more frequent extreme events. Generally such extreme events in the market are not normally distributed and need to be modeled...

Financial time series like exchange rates are highly persistent. An unexpected shock to the underlying variable has long lasting effects. The persistence in the volatility of the time series is usually exemplified by a highly persistent fitted GARCH model. Traditional stationary ARMA processes...

Purpose: Delay in the clinical information system (CIS) restoration overseeing critical health-care operations after an unexpected data loss can be fatal for patients under care. Investment in information technology (IT) capabilities and synergy between various computerized systems has been...

In this paper, I used performance measurement tools and other risk adjusted measures to analyse, evaluate, and compare the performance of Canadian hedge funds and mutual funds. In my analysis I have compared the performance of Canadian hedge funds with Canadian mutual funds having an investment...

In this paper, a random sampling of 200 SMEs including hotels, retail shops, retail stores, trading agencies, small to medium manufacturing industries, factories, and hydro power projects are included. I found that there are various financing options for SMEs but access to these funds has been...