Journal Scope
Inventi Rapid/Impact: Emerging Economies is the peer reviewed and applied research journal of Business Management related to economic study in worldwide aspect. Its scope is distributed on economic study domestically or globally and economic development of small to large enterprises and also economic study of various overseas market. The aim is to enhance the knowledge of economic issues such as policies related to economy, exchange rates, international economics, economic growth and development.
|
DYNAMIC LINKAGES BETWEEN SENSEX AND MUTUAL FUND EQUITY SCHEMES RETURN: EVIDENCE WITH OF 3 AMC
|
|
|
Pankaj Kamaliya, Ketan Dhameliya, Ranjani Srinivasan
|
|
An efficient, articulate and developed financial system is necessary for the rapid economic growth and development of a country. Financial system facilitates the transformation of savings of individuals, governments, and businesses into investment and consumption. A complete system is formed of specialized intermediaries and non-specialized intermediaries, organized and non-organized financial markets and financial instruments and services. In India people have less investing in mutual fund if talk about USA, China, Canada, and any more country have people investing in mutual funds. If talk about other investment avenue like FD, Bond, Insurances, Gold, Derivatives, commodity etc. but people don’t want to take more risk and investing only those security which have less risk and average return. As per my point of view Indian investor investing more in FD, Gold, Silver, Stock and bond. Or talk about mutual fund market not develop very well in India and the reason behind is people not much more aware about mutual fund different different schemes, For the analysis have taken 5 year NAV data of different equity schemes from 1/4/2007 to 31/3/2012. And 3 Assets Management company like HDFC AMC LTD, ICICI AMC LTD and RELIANCE AMC LTD. For analysis applied various test like Descriptive test, correlation test, ganger causality test, Correlogram test etc....
More
|
|
|
SRI VALUE NETWORK ANALYSIS
|
|
|
Slim Turki
|
|
Sustainable and responsible investments (SRI) are the type of investment which aims to
achieve financial returns while performing in terms of extra-financial aspects, such as social,
environmental, governance, and ethical objectives. This article is an attempt to deepen the
analysis of the SRI value network; It aims to contribute to achieving better understanding of the
specificity of SRI fund industry and involved stakeholders. It presents the current results of the
analysis of the value network underlying SRI. It relies on the academic and professional
literature to identify the involved stakeholders, their inter-dependencies and the exchanged
values. The approach is based on combining goal and value analysis to identify the
stakeholders, understand their motivations and reference the direct or indirect value
exchanges that they could have....
More
|
|
|
RANDOM WALK THEORY AND THE ROMANIAN CAPITAL MARKET: A NEW PERSPECTIVE
|
|
|
Ana Maria Calomfir (Metescu), Cristian Silviu Banacu, Doina I Popescu
|
|
Forecasting rates of return, thus the attempt to predict the behavior of financial assets, with an
increased degree of accuracy, represents one of the most outstanding challenges for the
academic and investment area. The main purpose of the paper is to analyze past fluctuations of
the prices of security titles, taking into account the original hypothesis that they are influenced
by past values of those prices, and of course, taking into consideration the fact that the amount
of data an investor may posses is much richer than the amount of historical data, with respect to
the rates of return time series.
In the end , some conclusions regarding the application of the random walk theory and the
Romanian capital market efficiency were drawn, based on the results obtained from the
statistical tests, and also, due to the fact that the market efficiency has, as a theoretical approach
and mathematical model, the random walk theory....
More
|
|
|
REVISITING THE LEADING ECONOMIC INDICATORS
|
|
|
Andy Kubis, James Cicarelli
|
|
Leading economic indicators have long been a tool of American economists, particularly
those working in the business sector, for anticipating turning points in the business cycle.
Armed with knowledge of likely peaks and troughs in the pace of aggregate economic
activity, business economists can advise corporate leaders as to the probable path of the
macroeconomy, thereby influencing if not improving the quality of strategic decision making
within organizations. This chain of events is predicated on the assumed reliability of leading
indicators to forecast correctly the future, an assumption put to the test in this paper via a
novel application of statistical process control (SPC) to a well-known set of leading
indicators that have been studied for the better part of half a century.
To give context to the overall discussion, the paper begins with a quick review of the
historical development of leading indicator forecasting as it evolved in the United States. This
is followed with an explanation of statistical process control, the singular methodology used
in this paper, but one seldom employed in general economic analysis save for the area of
production economics and its emphasis on manufacturing. Once explained, the SPC process
is applied to a representative set of eleven leading indicators that have been tracked quarterly
or more frequently for anywhere from 38 to 71 years.
The results of the SPC analysis of this data pool of some 7,000+ observations suggest that
collectively leading indicators reliably forecast business-cycle turning points, with the caveat
that individually the effectiveness with which specific indicators within a set predict the
future of the macroeconomy is subject to wide variation....
More
|
|
|
|
E- ISSN: 2231-2617
Inventi Rapid Emerging Economies
|
|
Frequency: Quarterly
E- ISSN: 2231-2617
RI Factor- 1.0
Abstracted/ Indexed in: Index Copernicus, Ulrich’s International Periodical Directory & Google Scholar, SCIRUS, getCITED, Academia.edu
|
|