Some studies show that the performance of option strategies with stock portfolios could depend on other factors or on market conditions. Benninga and Blume (1985) analyzed the optimality of portfolio insurance in complete and incomplete markets, and found that buying put option may be optimal...

The recent financial crisis has highlighted the need for an integrated risk management system addressing all the strategic issues. Perhaps the biggest challenge lays in overcoming the human tendency of greed which resists us from abiding by the boundaries drawn by risk management models. With...

<DIV>Poverty is the dominant feature of the working lives portrayed in this book. But the misery of these men, women, and children in India has little to do with the underdevelopment of the past. The poverty here is caused by development and is concentrated mainly in what is referred to as the...</div>

Purpose – SWOT analysis is defective as a tool for guiding strategic planning because of its subjective, unsystematic, and non‐quantitative nature that lacks predictive power. This paper aims to present an alternative tool that overcomes these defects and is grounded in the resource‐based...

The present paper deals with the tax structure of house rent allowance (HRA) and procurement of real estate in India. HRA forms a popular basis of compensating employees in India - both in public and private sectors. HRA attracts personal taxation from Income Tax point of view. Although there...

In July 2010, the management of Reliance Power Ltd and Reliance Natural Resources Ltd. announced merger of the two companies and the share exchange ratio was later set at 1:4. Much has been talked and written in financial press on the validity of this swap ratio. In the present study, we have...

Anything that deviates from the normal is termed as risk. This definition looks simple but in real sense breaking it down into components is the most difficult thing. Analysis of what is “normal” and what is “abnormal” and also the measure for deviation is what researchers are exploring...