- Corporate Finance and Governance
- Financial Markets and Investment Strategies
- Insurance and Financial Risk Management
- Credit Risk and Financial Regulations
- Private Equity and Venture Capital
- Auditing, Earnings Management, Governance
- Financial Reporting and Valuation Research
- Law, Economics, and Judicial Systems
- State Capitalism and Financial Governance
- Banking stability, regulation, efficiency
- Stochastic processes and financial applications
- Parallel Computing and Optimization Techniques
- Corporate Taxation and Avoidance
- Fiscal Policy and Economic Growth
- Blockchain Technology Applications and Security
- Capital Investment and Risk Analysis
- Cloud Computing and Resource Management
- Risk Management in Financial Firms
- Corporate Insolvency and Governance
- Distributed and Parallel Computing Systems
- Working Capital and Financial Performance
- Efficiency Analysis Using DEA
- Data Analysis with R
- Public Relations and Crisis Communication
- Islamic Finance and Banking Studies
Missouri State University
2009-2023
Finnish Society of Sciences and Letters
2023
Virginia Commonwealth University
2010-2017
Environmental Systems Research Institute (United States)
2016
Indian Institute of Technology Kanpur
2013-2015
Colorado State University
2007
Research in signaling theory has recently begun to explore how audiences process signal sets and the incongruence across signals within. However, prior studies have assumed homogenous compositions of sets, thus unidimensional incongruence, although social evaluations tend involve simultaneous processing different dimensions. In this study, we examine audiences' responses interdimensional between capability integrity signals, particularly by focusing on salience positive aggravates investor...
Abstract We investigate how investor protection, government quality, and contract enforcement affect risk taking performance of insurance companies from around the world. find that better protection results in less taking, as do higher quality greater enforceability. However, we only limited evidence these factors influence firm performance. conclude overall operating environments result by insurers without concomitant decline These imply benefit policyholders outside stockholders preventing...
Heterogeneous distributed computing systems often must operate in an environment where system parameters are subject to uncertainty. Robustness can be defined as the degree which a function correctly presence of parameter values different from those assumed. We present methodology for quantifying robustness resource allocations dynamic task execution times stochastic. The is evaluated through measuring three allocation heuristics within context stochastic environment. A Bayesian regression...
Purpose This paper aims to investigate the explanatory power of Fama-French five-factor model and compares it other asset pricing models. In addition, examines contributions two additional factors: profitability investment factor. The authors test alternative four-factor Design/methodology/approach use stock returns data BSE-500 listed firms for Indian market, an emerging from 1999 2020, thus covering post-Asian crisis pre- post-financial (2007–2008) periods. employ 75 96 portfolios based on...
The infrastructure sector is one of the major pillars for economic growth and development a country. responsibility to develop this crucial shifting away from public private sector. After liberalization in 1991, India opened sector, among many others, domestic foreign investment. shortage electricity, poor state roads, limited telecom access necessitated stream persistent reforms, which were expected play significant role sector's growth. Although some subsectors witnessed success, others...
This study builds and applies a framework that addresses the twin uncertainties of traffic flow interest rates in build-operate-transfer (BOT) projects. Existing valuation methods address estimations using linear models, which yield point estimates predictions regardless volatility. Additionally, considering projections alone ignores financial risk these projects, is an important variable for public–private partnership (PPP) The demonstrated by simulating scenarios based on model. model...
:This study aims to find the multinationality and performance relationship for largest Indian software companies. It further tests moderating influence of internationalization motives (marketing- versus labor-seeking) resources on this relationship. Results show an inverted U-shaped between firms. Additionally, is moderated by these In process, we add literature with our unique context variables.
The study investigates the intricate relationship between Foreign Institutional Investors (FII) and Indian stock market, aiming to unravel multifaceted impact of FII inflows on market dynamics, volatility, sectoral performance.Over years, has witnessed substantial participation from Investors, influencing sentiment, liquidity, overall stability.This research explores nuanced effects investments, encompassing an analysis historical trends, movements, regulatory frameworks governing...
This paper shows that for a sample of firms offering SEOs non dividend paying experienced larger valuation gains from the 2003 tax cut as compared to firms. Using growth option framework, our findings indicate revaluation benefited more. In particular, book leverage exhibited significant increase in firms, but not The finding is consistent with theories optimal which contend debt reduces costs overinvestment.
Owner value in customer-owned mutual insurance companies is best defined as benefits and created for customer-owners consumers of the services. Compared to investor-owned insurers' (IOIs) task maximise profit invested capital, customer ownership leads fundamentally different starting point managers organise operations. However, while earlier literature offers a good basis understand on strategic level, knowledge creation processes practice remains limited. To begin filling this research gap,...
Purpose Ethereum-based blockchain technology (EBT) affords members of the Enterprise Ethereum Alliance (EEA) a market advantage in deploying within their organizations, including cybersecurity and operational benefits, that leads firms to strategically invest this nascent technology. However, impact such strategic investments EBT has yet be explored context its relationship firm value. Therefore, study explores EBT-specific firm-level characteristics result stock reaction announcements...
In this paper, we extend the parametric approach of VaR estimation that is based upon application two transforms, one for handling skewness and other kurtosis. These transformations restore normality to data when applied in succession. The transforms are well defined offer an alternative models on variance–covariance approach. We demonstrate technique using three pairs uncorrelated but negatively skewed fat-tailed stock return distributions, pair each from recent periods US international...
We examine corporate purchases of Directors and Officers (D&O) liability insurance find that in addition to governance quality it contains managers’ private information. In particular, we insider control excess share holdings is jointly associated with lower D&O coverage limits higher firm performance. The result holds when deductibles, characteristics litigation risk factors are controlled for. Our finding consistent asymmetric information hypothesis financial markets which posits managers...
In this paper, we examine how venture capital portfolios with risk averse and seeking return characteristics are priced by the representative investor in public equity markets. We find only associated a market skewness premium. Also, while investor's aversion to variance preference positively correlated pricing of characteristics, they negatively characteristics. Our findings (a) show is evidence behavior or preferences, as such inconsistent globally concave utility functions; (b) indicate...
Purpose This paper aims to study differences in risk behavior between holding companies that undertake both banking activity and insurance underwriting (labeled financial or FHCs) stand-alone bank (BHCs). Design/methodology/approach The examines the discretionary accruals of FHCs comparable BHCs compares their bad loans-to-assets ratio future. Findings have lower (loan loss provisions realized capital gains) than BHCs. fare better terms ratio. Insurance has a dampening effect on FHCs....