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Throughout their history, puts and calls [1] on common stock have been criticized as mere gambling opportunities. Recently, the creation of listed options on the Chicago Board Options Exchange, the American Stock Exchange and three regional exchanges in the United States, has given new respectability to options as investment vehicles. By year-end 1977, listed options to 217 common stocks were a...

This paper investigates the effect of group-affiliation on the Indian corporate firms capital structure based on data of 875 Indian non-financial firms listed either in the Bombay Stock Exchange or in the National Stock Exchange, for the period 2002-2010. Among the three alternative estimation methodologies applied viz., (i) pooled OLS, (ii) generalized method of moments (GMM)and (iii) ‘lagged’...

The goal of this chapter is to examine whether the time series of returns of securities listed on Taiwan’s stock exchange exhibit significant nonlinear serial dependencies, as do those of other stock exchanges throughout the world, and, if so, to examine the pervasiveness of such dependencies across the individual stocks trading on the Taiwan Stock Exchange. First, an examination of the charact...

Capital Asset Pricing Model is widely used for estimating systematic risk in the form of Beta. Present study an attempt to estimate top 10 companies SENSEX, index Bombay Stock Exchange. For purpose monthly prices, converted simple return, selected and SENSEX 11 calendar years have been analysed. free return on 91 days Treasury Bills has considered. Results show that Beta 7 out considered, great...

We examine the impact of stock exchange trading rules and surveillance on the frequency and severity of suspected insider trading cases in 22 stock exchanges around the world over the period January 2003 through June 2011. Using new indices for market manipulation, insider trading, and broker-agency conflict based on the specific provisions of the trading rules of each stock exchange, along wit...