Purpose: In the current study, the significance of extreme positive returns has been investigated in the pricing of stocks in the Indian equity market. This study aims to understand if investors in India have a preference for lottery-like stocks. The existing literature provides support for MAX...

Ecotourism, the nature based travel with emphasis on education, management, development of sustainable tourism product and activity and wellbeing of the local people is not simply a marginal activity to finance protection of the environment but it has proved to be an engine of growth in many...