Securities and Exchange Board of India Stock Market Volatility – An International Comparison M. T. Raju, Anirban Ghosh April 2004 Working Paper Series No. 8 Stock Market Volatility – An International Comparison M. T. Raju, Anirban Ghosh Working Paper Series No. 8 The views expressed in this paper are those of the authors and do not necessarily reflect those of the Securities and Exchange Board of India. We sincerely thank Shri G. N. Bajpai, Chairman, SEBI for his unlimited support and
Words: 17970 - Pages: 72
an efficient market. Its hierarchy of fair value measurement confirms the priority of market price for the same or similar position. But under the credit crisis, entity will expect to reverse the unrealized losses partially at present or totally in the future. Based on this assumption, some entities preferred to report amortized costs or level 3 mark-to-model fair values, arguing that level 2 mark-to–market fair values will raise larger unrealized losses. [8] In an illiquidity market, the impairment
Words: 884 - Pages: 4
Market liquidity From Wikipedia, the free encyclopedia Jump to: navigation, search "Liquidity" redirects here. For the accounting term, see Accounting liquidity. In business, economics or investment, market liquidity is an asset's ability to be sold without causing a significant movement in the price and with minimum loss of value. Money, or cash in hand, is the most liquid asset, and can be used immediately to perform economic actions like buying, selling, or paying debt, meeting immediate
Words: 647 - Pages: 3
Technology Information Systems and the Financial Crisis and After Special Issue Editors: Chrisanthi Avgerou, Alexandros-Andreas Kyrtsis and Frank Land In various reports and newspaper articles – however only sporadically in academic publications – questions have been raised regarding the relationship between ICT and the 2007-2009 financial crisis and its continuing fallout on the financial markets. The expansion of electronic delivery channels for financial products and services as a consequence
Words: 494 - Pages: 2
then there was a fantastic downturn in their market post September 11 and most of us lost a great deal of what we had invested. This article compares the stock performance of five technology information companies during a 10 year span. The conclusion of the authors (all academicians) is that the returns of these types of tech companies, specifically those that are vertically integrated are not correlated across their industry when there is a bull market, which seems counterintuitive as the companies
Words: 476 - Pages: 2
Kang FINS2622 – Emerging Capital Markets Assignment Derivatives Market in Asian Countries 2 An Overview The purpose of this report is to examine the following; to discuss the derivatives markets in Asian economies whilst simultaneously discussing the benefits and risks posed by these markets to their financial systems. In conclusion, I will propose a set of specific policy actions/recommendations aimed at reducing these risks. Growth in emerging markets has been due to several factors
Words: 1983 - Pages: 8
Current financial statements of financial institutions are combinations of values derived from fair-value, cost-basis, depreciation, amortisation, impairment and other accounting standards. During the past two decades, there has been considerable interest in the reporting by financial institutions of the fair values of their financial instruments either as complements or substitutes for historical book value. The generally accepted accounting definition of “fair value” is based on the rule FASB Statement
Words: 1531 - Pages: 7
“Animals held for sale shall be valued at either of the following: the lower of cost or market or at sales price less estimated costs of disposal, if all the following conditions exist […]” In this situation the conditions for sales price less estimated costs of disposal are not met, therefore, we maintain lower of cost or market. So, since the carrying costs in the beginning of October 2009 are greater than the market value, a mark down on all live hog inventories would occur. Moreover, for alternative
Words: 625 - Pages: 3
Most every organization will benefit from even the most elementary market research. If it does not provide new information, it will confirm what is known. Market research is the process of gaining information about your market. Preferably, this is specific information about your target market and the key factors that influence their buying decisions. Market research can be casual and limited in scope and, although it may not be “statistically significant” research, it can still be valuable. The
Words: 1271 - Pages: 6
Risk Arbitrage: Abbott Labs & Alza 1) How does risk arbitrage work? What are the risks and opportunities associated with this strategy? Risk arbitrage, or merger and acquisition arbitrage, is one of three types of arbitrage strategies. Two types of mergers are possible: a cash merger and a stock merger. Cash Merger Opportunities Acquirer proposes to purchase the shares of the target for a certain price in cash. Until the acquisition is completed, the stock of the target usually trades below
Words: 1110 - Pages: 5
