Effect of Implied Volatility on Option Prices using two Option Pricing Models

Financial derivatives have been drawing increasing interest in recent days. Among these, Options are the most basic and fundamental derivates. European options are most widely used in Indian stock exchanges. There are different types of options available for pricing; Black-Scholes is one of such type. Black-Scholes model is used for pricing options to calculate the Read More …

FairPay Relationship Pricing: An Adaptive, Value-Based Strategy for Consumer Markets

AbstractAs businesses confront the challenges and opportunities of the digital era, they should look deeply at their assumptions about the basic social contract and value propositions that drive customer relationships, and how they center on price and value. Businesses still set prices unilaterally, in advance, with little regard for customer differences in needs, usage, or Read More …

Extending UTAUT Model to Examine MOOC Adoption

Author Shrikant Mulik Dr. Manjari Srivastava Dr. Nilay Yajnik Abstract The purpose of this study is to examine the adoption of Massive Open Online Courses (MOOC) by extending the Unified Theory of Acceptance and Use of Technology (UTAUT) with an addition of Perceived Value construct. Data was collected from 310 individuals, who had enrolled in Read More …

Does sell recommendation induce further bearishness – Empirical evidence from Indian Stock Markets

Author – Namrita Singh Ahluwalia – Mohit Gupta – Navdeep Aggarwal Abstract Stock analysts provide investors with recommendations of stocks that they track. Recommendations cover information and insights into particular companies the analyst follows with the intention of guiding investors to taking relevant investment decisions. This paper aims to analyse the impact of stock ‘sell’ Read More …

The Volatility Effect in Value and Growth Stocks – Evidence from India

Author – Mayank Joshipura – Shilpa Peswani Abstract The paper studies the strength of low-risk anomaly in value stocks (low price-to earnings ratio stocks) and growth stocks (high price-to-earnings stocks) among the universe of listed stocks in the Indian equity market. It studies stocks listed on National Stock Exchange (NSE) for the period from January Read More …

Emotional intelligence – the moderator of leadership styles and performance

Abstract By applying emotional intelligence (EI), a manager can make a positive impact on the performance of the organization. The leader or manager should understand EI and the need of the employees. The objective of the study is to predict whether the leadership style and emotional intelligence assists in predicting the performance of an organization. Read More …

Impact of Empowering Leadership and Trust on Attitude towards Technology Adoption

Abstract Organizations are adopting the Enterprise Resource Planning system for better resource management and for availability of centralised information for the purpose of taking strategic decisions. For gaining competitive advantage, it is important that the ERP system is accepted and fully utilised by the users displaying positive attitude and showing least resistance. There are numerous Read More …

Market Reaction to Stock Splits in Large and Liquid Stocks: Evidence from the Indian Stock Market

Abstract This study investigates market reaction to stock splits using the standard event study methodology. The study uses stock splits in large and liquid stocks in the Indian markets during the years 2001 to 2012. According to a semi-strong form of efficient market hypothesis, any information content associated with corporate announcements must be reflected fully Read More …

Implications of Corporate Governance framework during the Credit Crisis on 3 banks

Abstract Financial organizations are extremely critical for a stable economy. Through efficient mobilization and allocation of funds, they lower the cost of capital to firms, boost capital formation, and stimulate productivity growth. The credit crisis revealed the fragility of corporate governance and management within several reputed financial organizations. We discuss the cases of corporate failures Read More …