Ramona Birau

• Doctoral Supervisor in Finance
• Doctoral Supervisor in Finance at University of Craiova

The main aim of this research paper is to investigate volatility spillovers across emerging and developed stock markets using GARCH models based on an empirical case study on the USA and Romania. The financial econometric approach is based on a relevant sample data that covers the time period from February 2019 to January 2025 which includes the im...

Nowadays, more than presenting real performance, managers in public organizations are minding pretentious and demonstrative behaviors the continuity and prevalence of which lead to long-term irreparable damages. In management research and literature, such an issue is called “showcase performance” which is scientifically a new phenomenon about which...

The present study was done to evaluate the causal relationship amid the enablers of successful transition of management succession in family-owned business in South Asian Nations. This was an empirical study where owners of family-run business across various South Asian countries were interviewed. In this study we used the Decision-Making Trial and...

The main aim of this research paper is to provide a literature survey on the islamic finance paradigm and its impact on the banking system. The financial infrastructure differs in the case of Islamic banking compared to conventional banking. The Islamic jurisprudence known as Shariah law represents the foundation on which the Islamic banking system...

This study aims to explore the Knowledge, Skills, and Abilities (KSA) and Key Responsibility Areas (KRA) of data scientists supporting the people analytics team in developing a competency model based on human capital theory and competency-based HR model. We systematically identify key knowledge, skills, abilities, and key responsibilities for data...

The main aim of this research study is to provide a literature survey on climate finance, green finance and energy finance in the context of impact on economic growth and sustainable development. The green finance policies play a significant role in achieving sustainable economic development, social responsibility and advancing environmental techno...

The study aims to analyze the effects of geopolitical risk on the return of growth/Major Indian stocks during expansionary and recessionary periods across a conditional distribution. We selected a sample covering the period between 01/2003-09/2023. ARDL Model were applied to examine the existence of impact of geopolitical risk and Indian News-Based...

The purpose of the study is to explore the causal connection between geopolitical risk and the Indian Uncertainty Index, with a focus on comparing the old and new uncertainty index. The study aims to evaluate the impact of dierent elements of geopolitical risks on the uncertainty index by employing advanced and optimized regression models using MAT...

Introduction The social media landscape has radically changed and has revolutionized consumer perspectives, purchasing habits, and behaviors. Amidst this emerging trend is the rise of influencer marketing and its impact on the purchase intentions of followers. The objective is to explore the characteristics of influencers that contribute to their c...

The main objective of this paper is to provide a theoretical approach regarding Green Human Resource Management (GHRM) practices and their influence on organizational success based on a performance perspective. It has been noted that corporate groups are becoming more and more conscious of the importance of becoming green and using different enviro...

Artificial Intelligence (AI) can enhance the efficient use of green energy and increase the scalability of renewable energy. The global shift towards green energy has to managed and optimized which is a major challenge. Deep learning can play a vital role in predictive maintenance and storage. The data available from renewable energy systems can be...

This article examines the relationship between management ability and the corporate opacity of companies listed on the Tehran Stock Exchange (TSE). This research has been calculated in the statistical sample of 84 companies from the companies admitted to the stock exchange between 2011 and 2022. The Securities and Exchange Organization enters the e...

THE OUTBREAK OF THIS PANDEMIC IS AN UNFAMILIAR SHOCK TO THE WHOLE INDIAN ECONOMY AS WELL, AND AS A RESULT THE INDIAN STOCK MARKET IS SEVERELY AFFECTED TOO. AS THE FINANCIAL MARKETS ARE AFFECTED BY THE PANDEMIC, THE STOCK PRICES OF INDIAN BANKS CANNOT BE THE EXCEPTIONAL ONE. IT IS INTERESTING TO KNOW WHETHER EFFECTIVE FORECASTING OF STOCK PRICES OF...

THIS STUDY EXPLORES THE COMPLEX INTERPLAY BETWEEN INVESTOR SENTIMENT, CASH FLOW VOLATILITY, AND THE MODERATING EFFECT OF RISK ATTENUATION. ANALYZING DATA FROM 121 ACTIVE COMPANIES LISTED ON THE TEHRAN STOCK EXCHANGE OVER THE PERIOD FROM 2010 TO 2022, WE EXTRACTED RELEVANT FINANCIAL INFORMATION FROM THE STOCK AND SECURITIES ORGANIZATION'S DATABASE....

Entrepreneurial financial literacy is essential for business survival, particularly during times of crisis, when financial decisions can determine the longevity of a venture. Understanding key financial principles allows entrepreneurs to manage resources efficiently, navigate economic uncertainty, and make informed decisions that balance risk and o...

Currency Derivatives are very important financial instruments for speculation, hedging and arbitrage opportunities, and among them cross-country futures are one of the important types with a huge research gap. Studying them becomes very imperative. This paper studies the volatility of INR based cross country futures (USD, JPY and EUR) and performs...

Global Reporting Initiative (GRI) has emerged as a globally accepted framework and standard for companies for CSR contribution and disclosure practices. Global Reporting Initiative has been hailed as the de facto standard in transparency and sustainability reporting systems worldwide. Compliance with GRI has become imperative, and it has a far-reac...

The research paper aims to examine the BSE GREENEX index, which was developed to monitor and assess the performance of environmentally conscious companies based on carbon emissions. This index, created in collaboration with IIM Ahmedabad, is a valuable tool for companies aiming to enhance their carbon performance. It facilitates the creation of eco...

The research paper delves into an in-depth analysis of the S&P BSE CARBONEX index, which serves as a benchmark for top companies, evaluating and benchmarking their climate change mitigation practices. The study focuses on volatility analysis of BSE CARBONEX, employing various GARCH models such as GARCH, TARCH, EGARCH, IGARCH, PARCH, and APARCH acro...

THE RAPID INCREASE IN URBAN POPULATIONS HAS HEIGHTENED THE NEED FOR EFFICIENT RESOURCE MANAGEMENT, MAKING THE CONCEPT OF SMART CITIES ESSENTIAL FOR SUSTAINABLE URBAN DEVELOPMENT. SMART CITIES LEVERAGE INFORMATION AND COMMUNICATION TECHNOLOGY (ICT) TO ENHANCE URBAN FUNCTIONS, INCREASE THE QUALITY OF LIFE, AND PROMOTE ENVIRONMENTAL SUSTAINABILITY. TH...

Introduction The social media landscape has undergone radical changes and has revolutionized consumer perspectives, purchasing habits, and behaviours. Amidst this emerging trend is the rise of influencer marketing and its impact on the purchase intentions of followers. The objective is to explore the characteristics of influencers that contribute t...

The paper evaluates the causal impact of digital marketing on customers' buying decisions by leveraging advances in machine learning. We analyse buyer behavior under various digital marketing conditions and identify key performance drivers. Our findings emphasize the pivotal role of content in digital marketing. We assess how customized content, mu...

This study explores board independence, ownership structure, and auditor selection's impact on company risk before and after Corona. Using a 115-company sample (2014-2022), it analyzes their influence on risk during both periods. Relationships between board independence, ownership, auditor choice, and risk are examined in line with literature. The...

Contemporary literature argues that the exchange rate serves as an important instrument of industrial policy to boost economic growth. However, it is difficult to design effective exchange rate policies owing to the uncertainty shrouding the outcomes of the exchange rate movement for industrial growth. Therefore, this study uses a dynamic simulated...

The current study assimilates concepts from the theory of learned behaviour through interactions with the environment where individuals make adaptive choices with a sample of 385 IT and ITES employees. The study conceptualized essential financial behaviours for effective retirement planning as a typology for retirement adequacy and satisfaction by...

This paper investigates the linkage between the spot and futures markets of rubber globally. The daily spot price data of rubber in India, Malaysia and Thailand from 4 th January 2016 to 2 nd November 2022 have been collected from the website of the Association of Natural Rubber Producing Countries (ANRPC); for the same period, the rubber future da...

The present research has been conducted assuming the existence of these problems and with the aim of finding complications in resource allocation policy in Islamic banking. This research is based on the practical objective and was carried out during three phases and a multi-stage process. The first phase is the recognition and explanation of the re...

The goal of this article is to look into the movements of two economic powers, the United States America and China, as well as the volatility spillover between the United States of America and China. Furthermore, the objective of this research is to compare and contrast the accuracy of forecasts made using univariate volatility models with those ma...

The textile market is a global production, processing, and distribution industry. It includes various products, from natural fibres like cotton and wool to synthetic fibres like polyester and nylon. The textile market has faced several challenges recently, including rising production costs, increasing competition from overseas producers, and declin...

This research study provides an exhaustive bibliometric analysis of the sustainability transitions within the textile and apparel sector. Utilizing the advanced tools of Biblioshiny and VOSviewer, the study maps out the intellectual structure of this field, elucidating co-citation, co-word, and collaboration networks. The prominence of keywords suc...

IN THE CONTEMPORARY LANDSCAPE OF GLOBAL CHALLENGES, THE DISCOURSE ON SUSTAINABLE DEVELOPMENT HAS RISEN TO THE FOREFRONT, COMPELLING SOCIETIES TO REEVALUATE THEIR CONSUMPTION AND PRODUCTION PATTERNS. THE SIGNIFICANCE OF SUSTAINABILITY HAS SURFACED AS A PIVOTAL THEME THAT TRANSCENDS NATIONAL BOUNDARIES AND CULTURAL BOUNDARIES. SUSTAINABLE PATTERNS OF...

THE LONGSTANDING RELATIONSHIP BETWEEN PAKISTAN AND CHINA HAS YIELDED SUBSTANTIAL BENEFITS, NOTABLY THROUGH THE CHINA-PAKISTAN ECONOMIC CORRIDOR (CPEC). THIS STUDY EVALUATES THE ECONOMIC IMPACT OF THE ENERGY INVESTMENTS WITHIN CPEC USING THE COMPUTABLE GENERAL EQUILIBRIUM (CGE) MODEL AND GTAP 9.0 DATA. FINDINGS REVEAL SIGNIFICANT POSITIVE EFFECTS ON...

The present research has been conducted assuming the existence of these problems and with the aim of finding complications in resource allocation policy in Islamic banking. This research is based on the practical objective and was carried out during 3 phases and a multi-stage process. The first phase is the recognition and explanation of the resear...

"Financial Econometrics" is a comprehensive guide to analyze financial data using econometric techniques. The book covers both basic and advanced topics in time series analysis, regression models, and volatility modeling. It also includes chapters on panel data analysis, financial market microstructure, and applications of machine learning in finan...

Purpose This study aims to find the best location for constructing green energy facilities in India and reducing CO2 emissions. Incorporating green energy is a priority for many countries under the Paris Agreement. This task is challenging due to factors that affect implementation, and making the wrong decision wastes resources. India’s goals are n...

The development of work-related musculoskeletal disorders depends on the pattern of work and does not belong to a particular industry or occupation. One way to assess the amount of stress and tension on the body is to evaluate posture. The aim of this study was to determine the risk factors for musculoskeletal disorders in cellulose industry worker...

This study examines the long-term effects of CO2 emissions, farm mechanization, and other control variables on agricultural production in India from 1960 to 2022. These variables include arable land, fertilizer consumption, GDP, import and export of agricultural raw materials, cereal yield (kg per hectare), and urbanization. To identify the long-te...

In order to evaluate and estimate significant aspects of time series data, various models with varying degrees of variation have been built in the last few years. The overarching goal of study is to examine the variance dynamics of several Indian stock market indexes using Normal and Students-t distributions. The sample data spans a long time perio...

With the advancement of Technology, it becomes imperative for H.R. and recruitment strategies to adapt. This paper will highlight the emerging trends in H.R. and recruitment driven by Technology. One prominent trend in H.R. Technology is the increasing prevalence of artificial intelligence (A.I.). A.I. is already being utilized to streamline and au...

This study aimed to examine the opportunity for arbitrage in Indian energy equity futures. Contract-wise historical spot and futures data were gathered for ten selected energy companies. The cost of carry model was used to compute the theoretical values of the futures. To generalize the results, the T-test was applied, and the run test was used to...

The study was conducted on BUX Index volatility for the post-2008 (from 2011) global financial crisis period using advanced GARCH models (GARCH, TGARCH, EGARCH, IGARCH, PARCH, APARCH). Based on parameters and test results appropriate model was chosen (APARCH (1,1) at Student’s t distribution) to study volatility, the presence of asymmetry, leverage...

This study employs the stimulus-organism-response (SOR) framework to examine the impact of COVID-19 pandemic on life satisfaction, leisure, and work significance. Using the structural equation modelling (SEM), it empirically assesses the direct and indirect effects of the pandemic on these factors. Findings indicate that COVID-19 pandemic indirectl...

The issue of Environmental sustainability is getting more attention from academia over the last few years. Green Human Resource Management Practices (GHRM) are important in every aspect of environmental sustainability. This research study examines the impact of Green Human Resource Management Practices on environmental sustainability through the me...

This research study makes efforts to find the correlation between the prices of commodities in MCX and the prices of stocks by considering the textile companies and allied commodities in the commodities market. The study examined whether the price of cotton and kapas in the commodities market i.e., Multi Commodity Exchange (MCX), might have an effe...

Price volatility has a negative connotation, as it is associated with market instability, uncertainty, and loss. When markets swing, investors and traders tend to place additional bets anticipating further swings, resulting in increased price volatility. There are no indices to assess crypto price volatility, but investigating historical price fluc...

This book chapter reviews the long-term impact of Agriculture, forestry, and fishing, value added (% of GDP), Industry (including construction), value added (% of GDP), Manufacturing, value added (% of GDP), Services, value added (% of GDP), Imports of goods and services (% of GDP), Exports of goods and services (% of GDP), and Trade (% of GDP) on...

The phrase "metaverse" refers to a fully immersive, three-dimensional virtual environment that could be accessible online. It uses extended reality technologies, including augmented, virtual, and mixed reality, to deliver a real-time experience (Koohang et al., 2023). The Metaverse will be a fully or partially virtual world using either virtual rea...

Purpose This study aims to develop a robust predictive model for anticipating financial distress within Pakistani companies, providing a crucial tool for proactive economic turbulence management. Design/methodology/approach To achieve this objective, the study examines a comprehensive data set comprising nonfinancial firms listed on the Pakistan S...

The study assesses the impact of financial leverage, interest coverage ratios, and debt-to-equity ratios on the earnings per share (EPS) of Indian banks during the COVID-19 pandemic. It analyzed 23 Indian banks in the NIFTY 100 index, including 10 private and 13 public sector banks. The results showed that financial leverage, interest coverage rati...

This research investigates the risk of divorce in Pakistan, considering various aspects of gender roles. We used rare events logistic regression to determine the risk of divorce based on socioeconomic variables. We find that females are more likely to be divorced than their male counterparts in all estimation scenarios. While our analysis partially...

𝐂𝐚𝐥𝐥 𝐟𝐨𝐫 𝐡𝐢𝐠𝐡 𝐪𝐮𝐚𝐥𝐢𝐭𝐲 𝐁𝐨𝐨𝐤 𝐂𝐡𝐚𝐩𝐭𝐞𝐫𝐬! 𝐁𝐨𝐨𝐤 𝐓𝐢𝐭𝐥𝐞: Financial Innovation for Global Sustainability: Integrating FinTech, Green Finance, and Inclusive Growth. 𝐀𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐛𝐨𝐨𝐤: This book aims to explore the convergence of financial technology with sustainable development and inclusive growth. It's an excellent opportunity for academics, industry profes...

These small textile weavers in this emerging country such as India have been hesitant to adopt digital banking methods. This is due to a lack of awareness and trust in digital payment systems, as well as a preference for traditional payment methods. Additionally, many small textile weavers lack the necessary infrastructure, such as smartphones and...

The adoption of financial technology (fintech) has the potential to make banking and financial services more accessible and convenient for all, but there are significant barriers preventing the adoption of fintech by street vendors and hawkers in India. This study aims to identify and analyse the barriers to fintech adoption using interpretive stru...

This research endeavors to meticulously investigate the underpinnings of customer dissatisfaction within chain stores, particularly focusing on the prism of service quality. Employing an applied approach through correlational descriptive research, a cohort of 86 customers from these chain stores became the focal point for data collection. Using a t...

In the stock market, volatility is a term used to describe the degree to which the prices of assets oscillate and determines the level of risk or uncertainty. The foremost objective of the present analysis is to model the behaviour of the Denmark stock market using data from December 20, 2016, to September 20, 2023. Through the application of GARCH...

The purpose of this study is to identify and describe the relevance of the takaful sector in terms of demographic features and geographical conditions. This study employs a qualitative, descriptive, literature-based approach to explore the significance and growth tactics used in this sector. The method is useful for reviewing specific situations an...

Fintech and financial inclusion are vital tools for poverty alleviation and economic growth. This bibliometric analysis, spanning 2009–2024, investigates the impact of digital financial services on economic access and growth. From 770 Scopus-sourced documents, using Biblioshiny and VOSviewer software, the study identified research themes, trends, i...

The solar energy industry’s positive impact on India’s GDP is perceptible through increased investments, innovation, and enhanced energy security. As the nation continues to prioritize clean energy solutions, the solar sector stands as a key player driving both economic prosperity and environmental sustainability, aligning India with worldwide dete...

NOWADAYS, THE NEED FOR AN INDIGENOUS MODEL OF CITIZENSHIP CULTURE IN THE WORLD'S METROPOLISES IS INEVITABLE AND MANDATORY.THE PURPOSE OF THIS ARTICLE IS TO STUDY AND PRIORITIZE THE COMPONENTS OF CITIZENSHIP CULTURE IN THE METROPOLISES OF THE ISLAMIC REPUBLIC OF IRAN. THE RESEARCH METHOD IS LIBRARY AND FIELD. DATA COLLECTION TOOLS INCLUDED IN-DEPTH...

The fintech segment is currently one of the most rapidly growing industries, attracting numerous investors who anticipate substantial returns in the future. Notably, not only individual retail investors but also mutual fund agencies are actively engaged in predicting stock prices within this sector to maximize their trading gains. The purpose of th...

The research study voyage commences with the foundational objective of fitting a suitable Generalized Autoregressive Conditional Heteroscedastic (GARCH) model to assess market volatility, a fundamental pillar of financial analysis. This research embarks on an ambitious quest to predict and understand stock market volatility within the realms of the...

IN THE STOCK MARKET, VOLATILITY IS A TERM USED TO DESCRIBE THE DEGREE TO WHICH THE PRICES OF ASSETS FLUCTUATE AND DETERMINES THE DEGREE OF RISK OR UNCERTAINTY. THE MAIN AIM OF THE PRESENT STUDY IS TO MODELING THE BEHAVIOR OF THE SWITZERLAND STOCK MARKET USING DATA FROM 4TH JANUARY, 2000 TO 9TH NOVEMBER, 2023. THROUGH THE APPLICATION OF GARCH FAMILY...

KHADI AND VILLAGE INDUSTRIES IS A MAJOR WING IN MSMES. THE PRESENT STUDY IS ANALYTICAL IN NATURE AND IS ENTIRELY BASED ON SECONDARY DATA. SECONDARY DATA RELATED TO THE PRODUCTION, SALES AND EMPLOYMENT OF KHADI& VILLAGE INDUSTRIES OF INDIA ARE COLLECTED FROM THE VARIOUS ANNUAL REPORTS OF MSMES GENERATED BY THE MINISTRY OF MSME, GOVERNMENT OF INDIA A...

AN "INVESTMENT" INCLUDES EVEN A SAVINGS ACCOUNT EARNING 1% INTEREST. MOST PEOPLE, HOWEVER, REFER TO HIGHER RETURN PRODUCTS LIKE MUTUAL FUNDS, ETFS, AND EQUITIES WHEN THEY TALK ABOUT INVESTING. INVESTING GUARANTEES LONG-TERM FINANCIAL SECURITY FOR THE PRESENT AND THE FUTURE. YOUR INVESTMENTS' INCOME AND FINANCIAL SECURITY ARE POSSIBLE THANKS TO THEM...

Information and Communication Technology (ICT) plays a vital role in sharing information and greater participation in exchanges and trading of investors' shares. Because the use of information and communication technology in financial markets reduces marketing costs, it has a significant role. Therefore, the primary purpose of this research article...

The domestic textiles and apparel industry stood at $152 billion in 2021, growing at a CAGR of 12% to reach $225 billion by 2025. The textiles and apparel industry in India has strengths across the entire value chain from fibre, yarn, and fabric to apparel. On the other hand, many FinTech companies gained enough importance and attention during the...

The act of modeling and forecasting stock market volatility has become essential to risk management practice; it has emerged as one of the most popular themes in financial econometrics and has been mainly and constantly used in the valuation of financial assets and the Value at Risk, as well as the pricing of options and derivatives, are all part o...

Health insurance is one of the most essential techniques that can assist in the utilization of health coverage and provide protection to the life of policy holders. However, in Karnataka, youth's attitudes regarding health insurance are quite different from those in other cities. Karnataka residents have not invested in health insurance despite the...

With a careful approach to organizational systems, we find that human beings are the most important factor in achieving the goals of any business. This resource, along with other material and physical resources, make the business goals come true. Therefore, it is necessary to place human resources at the center of cultural transformation efforts, a...

The best customer refers to the potential interaction of customers with the company during certain time periods. When companies understand the best customer and realize that the best customer can provide customized services for different customers, then they will achieve effective customer relationship management. This research is focused on the ba...

In this research paper, we examined the influence of demographic and household factors on a decision to surrender a life insurance policy before the end of the policy term. As per the handbook on Indian Insurance Statistics 2020-21, by the 5 th year of policy sale, only 4 out of 24 life insurers could retain half of their policies. One of the reaso...

The main aim of this research study is to conduct an empirical analysis regarding the behavior of the Asian stock markets in under the impact of turbulent events based on a case study for Japan. The analyzed period selected for this study covers the sample period from September 2006 until September 2023, including daily observations. Moreover, the...

Health insurance is one of the most essential techniques that can assist in the utilization of health coverage and provide protection to the life of policy holders. However, in Karnataka, youth's attitudes regarding health insurance are quite different from those in other cities. Karnataka residents have not invested in health insurance despite the...

The present study examines the relationship between the composition of the board of directors, ownership structure, and company performance in companies that are members of the Iranian capital market. This research has been investigated in a statistical sample of 113 companies from the member companies of Iran's capital market between 2011 and 2021...

The uneven and polarised nature of development has propagated disparities in access to services. Uncertainties in the textile sector have not only affected the economy but have impacted the livelihood of workers dependent on this sector. Systematic retirement planning could have eased the anxiety and inconvenience to a larger extent but was non-exi...

Purpose Research on women-owned businesses is more extensive in developed countries than in developing countries. This prompted the authors to investigate the factors that affect women entrepreneurs' motives to start a business and the challenges they faced in running their businesses in India. Design/methodology/approach Data for the analysis were...

Purpose Research on women-owned businesses is more extensive in developed countries than in developing countries. This prompted the authors to investigate the factors that affect women entrepreneurs' motives to start a business and the challenges they faced in running their businesses in India. Design/methodology/approach Data for the analysis wer...

The act of modeling and forecasting stock market volatility has become essential to risk management practice; it has become one of the most prevalent subjects in financial econometrics and has been mainly and continuously used in the valuation of financial assets and the Value at Risk, as well as the pricing of options and derivatives. The purpose...

Asian countries are facing environmental degradation issue which is the result of nonrenewable energy usage for growth however this issue cannot be unnoticed. This study is an effort to highlight the causes for an emerging issue of environmental degradation in selected Asian economies. The research findings demonstrate that urban population, energy...

This research paper investigates the enablers of Sustainable Development Goals (SDG) leadership among Small and Medium Enterprises (SMEs) in South Asian nations using Interpretive Structural Modelling (ISM). The study focuses on identifying the factors that facilitate SDG leadership in SMEs, including shared vision, long-term perspective, co-creati...

GARCH (Generalize Autoregressive Conditional Heteroscedasticity) family models, notably the GARCH (1,1), GJR-GARCH,EGARCH, M GARCH, and TGARCH models,(Chang, McAleer, & Tansuchat, 2012) are used in this study to empirically test volatility clusters of the IBOVESPA index using data from 20 May 1993 to 17 March 2023. A further perspective on asymmetr...

Stocks play a crucial role in the stock market, which is at the very core of every nation's economic growth. Investors, analysts, and others in related fields have turned their attention to stock price analysis. This study empirically investigates the conditional variance (volatility) or empirically estimates the price volatility spillover transmis...

MSMEs in India play a substantial role in the growth of country's economy, contributing 30% to its GDP. The Micro, Small & Medium Enterprises or MSMEs in India employees over 11.10 crore people and facilitates in employment generation. These enterprises are involved in the production of over 6000 different items, showcasing their diverse range of e...