Impact of Global Financial Meltdown on Beta of Selected Scrips
: Today, the world economy is melting like an ice cube on hot stove. Governments and Central Banks of respective countries around the world have initiated various measures to mitigate the impact of global meltdown such as bailout packages, injecting liquidity into the system. The impact of global meltdown on the Indian economy in general and the financial system in particular can be seen in BSE s crashing and slipping to less than 10,000 points from its peak of 21,000, and industries declaring production cut and job cut. In order to counter the menace of global meltdown the Government of India and RBI have taken various measures to mitigate the impact of global meltdown on Indian economy such as economy stimulus packages, cut in CRR, SLR, repo and reverse repo rates, extension of duty drawback scheme, etc. It has also become a political issue in the country. So, today we are witnessing the impact of global meltdown not only on the economy, financial system, industries and traders but also on the society at large. The present study analyzes one aspect of global meltdown, i.e., the impact of Global Financial Meltdown (GFM) on beta of selected scrips. The purpose is to find out the impact of GFM on beta of few selected Indian companies. It also intends to look into the correlation between few selected systemic risk factors such as Dow Jones Industrial Average index, Foreign Exchange Rate (FER) and Gross Domestic Product (GDP), and the beta of selected scrips.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): IX (2010)
Issue (Month): 1 (January)
|Contact details of provider:|| |
When requesting a correction, please mention this item's handle: RePEc:icf:icfjae:v:09:y:2010:i:1:p:40-63. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (G R K Murty)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.