Vibhuti Vashishth

• Professor (Assistant) at University of Delhi

Purpose This study attempts to identify fundamental determinants of bond ratings for non-financial and financial firms. Further the study aims to develop a parsimonious bond rating model and compare its efficacy across statistical and range of machine learning methods in the Indian context. The study is motivated by the insufficiency of prior work...

This study revisits size effect and its associated issues, in the Indian market, as recent studies question the persistence of size premium in the global context. We use data from NIFTY 200 stocks for the period 2005 to 2018 and find size effect to be significant for both market-based and accounting-based measures of size. It is not impacted by any...

The Indian Banking sector shows the strength and resilience of a strong sector which handles financial transactions for a large and growing economy. It is commonly acknowledged that banking is a trust-based relationship. The banks form the pivot of the entire financial system of our country. A well-functioning customer protection regime in the fina...

We combine corporate attributes and fundamental factors for evolving different investment strategies using data from 200 companies listed in the National Stock Exchange (NSE) from 2005 to 2018. The results indicate the existence of equity market anomalies based on size, volume, earnings, cash flow variability, asset growth, price momentum, price-to...

Prior research describes value and growth characteristics on the same continuum. We attempt to test this for the Indian market. Similar to past studies, our results confirm the presence of value premium. But unlike previous literature, superior profits in growth strategy are also observed. This leads us to believe that value and growth are differen...

In order to empower consumers and make them financially literate Kamala Nehru College (KNC) undertook an Innovative Project entitled KNC-304 “Consumer Evaluation of Financial Services in India”. In the month of December 2015, the project team visited the National Consumer Helpline (NCH) and State Helplines established by the Ministry of Consumer Af...

Purpose – The purpose of this paper is to evaluate the profitability of investment strategies based on past price changes and trading volumes. Design/methodology/approach – Data are employed from January 1998 to December 2011 for select emerging markets. Portfolios are formed on the basis of past information on prices and/or volumes. Unrestricted...