Volume 11 (2015)

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Pharmaceutical business in Bangladesh: opportunities and challenges

Sheikh Abdur Rahim, Daffodil International University, Dhaka, Bangladesh

ABSTRACT
One of the highest priority  sectors in Bangladesh is the Pharmaceutical  sector. The reason is that the sector is the second highest contributor to the national exchequer and it creates huge employment opportunities for the unemployed people in Bangladesh…Read more

Keywords: pharmaceutical, intellectual, opportunity, challenge, Bangladesh

Suggested citation: Rahim, S. A.(2015).Pharmaceutical business in Bangladesh: opportunities and challenges. Skyline Business Journal, Volume 11, No 1,pp 01-11.

Workers’ perception to job security: an empirical study on the organized leather industry in Kolkata, India

Indranil Bose, Westford School of Management, Sharjah, UAE
Sredharran Sampath, Westford School of Management, Sharjah, UAE

ABSTRACT
Kolkata leather industry employs around sixty five  thousand workers, yet  the overall working condition in most of the leather units, even in the much hyped 'Calcutta Leather Complex' seem to be not even closer to t"he minimumprescribed standards at per different labour regulations...Read more

Keywords: perception, job security, empirical research, organized leather industry

Suggested citation: Bose, I. & Sampath, S.(2015). Workers’ perception to job security: an empirical study on the organized leather industry in Kolkata, India. Skyline Business Journal, Volume  11, No 1,pp 12 -21.

Commodity futures trading and price discovery in India: an empirical investigation

Ramesh Chander, Professor, Kurukshetra University, Kurukshetra, Haryana, India
Mehak Arora, Research Scholar, Kurukshetra University, Kurukshetra, Haryana, India

ABSTRACT
Seasonality of agriculture cause higher price volatility at varied point thus makes it a risky enterprise. Commodity futures trading facilitates price discovery and thus reduces volatility in theprice of the underlying. In the study, we have made an endeavor to scruti­ nize price discovery relationship intended for…Read more

Keywords: perception, price discovery, agri-commodity, ncdex, granger causality, VECM

Suggested citation: Chander, R. & Arora, M.(2015). Commodity futures trading and price discovery in India: an empirical investigation, Skyline Business Journal, Volume  11, No 1,pp 22-31.

Exchange rate determination and out of sample forecasting: co-integration analysis

Hafsa Hina, Assistant Professor, Pakistan Institute of Development, Economics, Islamabad, Pakistan

ABSTRACT
Forecasting the nominal exchange rate has been one of the most difficult  exercises in economics. This study employs the Frankel (1979) monetary model of exchange rate to examine the long run behavior of Pakistan rupee per unit of US dollar over the period…Read more

Keywords: exchange rate determination; unit root; co-integration; error correction model; forecasting; random walk model

Suggested citation: Hina, H. (2015).Exchange rate determination and out of sample forecasting: co-integration analysis. Skyline Business Journal, Volume  11, No 1,pp 32-45.

Dividend policy and market price behaviour in Indian companies

Sandeep Goel,  Management Development, Institute, Gurgaon. Haryana, INDIA

ABSTRACT
The present paper looks at the dividend policy of the top Indian companies with regard to its consistency and its effect on their market price. A period of five years, viz. 2006 to 2010 has been considered for analyzing the interrelationship between corporate dividend policy and its market value...Read more

Keywords: dividend, dividend policy, market price, return, shareholders

Suggested citation: Goel, S.(2015). Dividend policy and market price behaviour in Indian companies. Skyline Business Journal, Volume  11,, No 1,pp 46-53.

Testing the stationarity of beta for banking sector stocks in Indian stock markets: a panel regression analysis

Mihir Dash,  Alliance University, Bangalore, India

ABSTRACT
Beta is the central concept in the CAPM model. If betas vary considerably across time, the CAPM model's explanatory power would be undermined. The objective of the study is to test the stationar­ity of beta for banking sector stocks in different market regimes in Indian stock markets...Read more

Keywords: time-varying beta, banking sector, Indian stock markets, panel regression analysis

Suggested citation: Dash, M.(2015). Testing the stationarity of beta for banking sector stocks in Indian stock markets: a panel regression analysis. Skyline Business Journal, Volume  11, No 1,pp 54-60.

Mitigating credit risk: an empirical study of Indian public sector banks

Renu Arora, Mata Sundri College for Women, University of Delhi, New Delhi, India
Archana Singh, Delhi School of Management, Delhi Technological University, New Delhi, India

ABSTRACT
The purpose of this paper is to study the core credit risk management processes and procedures of the Indian public sector banks and identify thegrey areas to improve effective­ ness of these systems for risk mitigation. Credit risk management is a key banking system to control non-performing loans...Read more

Keywords: India, risk infrastructure, system disintegration, risk-based appraisals, inconsistencies in risk-ratings

Suggested citation: Arora, R. & Singh, A.(2015), Mitigating credit risk: an empirical study of Indian public sector banks. Skyline Business Journal, Volume XI, No 1,pp 55-71.