Digital storm which has taken the world changed way organisations function. It brought in a huge change sell and transact. In case of India major e-payment started after demonetization (change national currency) happened. is when people were forced to transact through cashless methods shortage cash. First time small merchants did business methods. Though, still avoid digital prefer cash transac...

In January 1994, the Federal Reserve Board permitted a commercial bank to begin using a new type of computer software that dynamically reclassifies balances in its customer accounts from transaction deposits to a type of personal-saving deposit, the money market deposit account (MMDA).1 This reclassification reduces the bank’s statutory required reserves while leaving unchanged its customers’ p...

Can the way that individuals pay for a good or service influence the amount of connection they feel after the purchase has occurred? Across three studies employing a multimethod approach, we find that individuals who pay using a relatively more painful form of payment (e.g., cash or check) increase their post-transaction connection in comparison to those who pay by less painful forms of payment...

In this paper we construct robust models for active portfolio management in a market with transaction costs. The goal of these robust models is to control the impact of estimation errors in the values of the market parameters on the performance of the portfolio strategy. Our models can handle a large class of piecewise convex transaction cost functions and allow one to impose additional side co...

This study examines share price and trading volumes data around the date of cash dividend distributions made by a sample of companies listed on The London Stock Exchange. The ex-day share price behaviour is modelled to take account of the personal taxes of long-term investors as well as the transaction costs and holding risks of short-term traders. The post-announcement drift is linked to the b...

Bitcoin, a distributed, cryptographic, digital currency, gained a lot of media attention for being an anonymous e-cash system. But as all transactions in the network are stored publicly in the blockchain, allowing anyone to inspect and analyze them, the system does not provide real anonymity but pseudonymity. There have already been studies showing the possibility to deanonymize bitcoin users b...

Does the way that individuals pay for a good or service influence the amount of connection they feel after the purchase has occurred? Employing a multi-method approach across four studies, individuals who pay using a relatively more painful form of payment (e.g., cash or check) increase their post-transaction connection to the product they purchased and/or the organization their purchase suppor...

There are two schools of thought regarding cash policy, where one sect finds policy is insignificant in today’s perfect capital market condition and the other feel corporate key determinant company growth success. Corporates constantly balance maintaining reserves to cushion against future contingencies. Shortage liquid assets may affect operation firm. Cash management any firm bounded by preca...

When the shares are issued, that can be explained as an issuance of shares at their fair value or a stock split or the combination of both. Stock dividends can be considered as a combination of capitalization of retained earnings and stock split (stock split theory). But, it can also be explained by using fictitious transaction such as payment of cash dividend and subsequent issuance of shares ...