16 Bibliography

Download as pdf or txt
Download as pdf or txt
You are on page 1of 22

BIBLIOGRAPHY

//
^^
BIBLIOGRAPHY

1. Amling, Frederick, Investments, 3rd ed., Prentice Hall, Englewood Cliffs, N.J.,
1978,1.
2. Dougall, Herbert, E., Investments, 9th ed., Prentice Hall, Englewood Cliffs,
N.J., 1978.
3. Smith, Eiteman, Modern Strategy for Successful Investing, Dow Jones Irvin
Inc., Illinois, 1978.
4. Stevenson, Jennings, Fundamentals of Investments, West Publishing House,
New York, 1977.
5. Bhole, L.H., Financial Markets and Institutions, Tata McGraw-Hill Publishing
Co. Ltd., New Delhi, 1982, p.360.
6. Davis Yeomans, Company Finance and the Capital Market - Effects of Firm
Size, Cambridge University Press, p. 135.
7. Gupta, L.C., The Changing Structure of Industrial Finance in India, Oxford
University Press, London, 1969.
8. Henning Pigott, Financial Markets and the Economy, Prentice Hall Inc.,
Englewood Scott Chiffs, New Jersy, 1978, p.543.
9. Khan, M.Y., Indian Financial System - Theory and Practice, Vikas Publishing
House, New Delhi, 1989, p.36.
10. Fisher, Donald E. and Ronald J.Jordan, 1994, Security Analysis and Portfolio
Management, 5th Ed., p.2, Prentice-Hall of India, New Delhi.
11. Blake, David, 1992, Financial Market Analysis, p.4, McGraw-Hill, London.
12. Bhalla, V.K., Investment Management, S.Chand & Co. Ltd., New Delhi, 1982.
13. Bolten Steven, E., Security Analysis and Portfolio Management, Holt, Rinehart
and Winston Inc., New York, 1976.
14. Fredrick, Amling, Investments: An introduction to analysis and Investment,
Englewood Cliffs, N.J., Prentice hall Inc., 1978.
15. Haynes, D.A., & Bauman, S.W., Investments: Analysis and management, (3rd
Ed.), MacMillan Co., Inc., New York, 1976.
16. Khan, M.Y., Indian Financial System, Theory & Practice, Vikas Publishing
House, New Delhi, 1980.

234
17. Kuchhal, S.C., Corporation Finance: Principles and Problems, Chaitanya
Publishing House, Allahabad, 1976.
18. Simha, Hemalatha Balakrishnana, Investment Management, Institute for
Financial Management and Research, Chennai, 1979.
3 9. H.R.Machiraju, Indian Financial System, Vikas Publishing House, New Delhi,
2nd Edi. 2005.
20. M.Y.Khan, Indian Financial System, Tata McGraw-Hill, New Delhi, 4th ed.
2005.
21. Fabozzi, F., and I.M. Pollack, eds. The Handbook of Fixed Income Securities.
2ed. Homewood, III.: Dow Jones-Irwin, 1987.
22. Federal Reserve Bank of Richmond. Instruments of the Money Market. 8th ed.
Richmond: Federal Reserve Bank of Richmond, 1990.
23. Brealey, R.A. An introduction to Risk and Return on Common Stocks.
Cambridge, Mass. M.I.T. Press, 1969.
24. Harrington, D.R.Modern Portfolio Theory, The Capital Asset Pricing Model
and Arbitrage Pricing Theory: A User’s Guide. 2nd ed. Englewood Cliffs, N.J.:
Prentice Hall, 1987.
25. Ibbotosn, R.G., and R.A. Sinquefield. Stocks, Bonds, Bills and Inflation:
Historical Returns (1926-1987). Charlottesville, VA.: Research Foundation of
the Institute of Chartered Financial Analysis, 1989.
26. Chandler, L.V., The Monetary Financial System, Harper and Row Publishers,
New York, 1979, p.407.
27. Fischer and Jordan, Security Analysis and Portfolio Management, Prentice
Hall Inc., Englewood Cliffs, New Jersy, 1983, p.634.
28. Jones, Tuttle,and Heaton, Essentials of Modern Investments, The Ronald Press
Company, New York, 1977, p.452.
29. Sprecher, C.R., An Introduction to Investment Management, Houghton Miffin
Company, USA, 1975, p.489.
30. Van Home, J., Financial Management and Policy (5th ed.) Prentice Hall of
India, New Delhi, 198l,p.808.
31. Badger, Togerson, Investment Principles and Practices (6th ed.), Prentice Hall,
Guthmann.: Inc., Englewood Cliffs, N.J., USA, 1969, p.748.

235
32. Clark Francis, J., Investment Analysis and Management, McGraw-Hill, (2nd
ed.), USA, 1976, p.710.
33. Jones, C.P., Tuttle and Heaton, essentials of Modem Investments, Ronald
Press Co., New York, 1977, p.452.
34. Farrell, James L„ JR., “The Dividend Discount Model: A Primer.” Financial
Analysts Journal (November - December 1985), pp.16 - 25.
35. Murray, Roger F. “Graham and Dodd: A Durable Discipline.” Financial
Analysts Journal (September - October 1984), p.18.
36. Statman, Meir. “Growth Opportunities Vs. Growth Stocks.” Journal of
Portfolio Management (Spring 1984), p.70.
37. Strebel, Paul J., and Avner Arbel. “Pay Attention to Neglected Firms!” Journal
of Portfolio Management (Winter 1983), p.37.
38. Beidleman, C., ed. The Handbook of International Investing. Chicago: Probus
Publishing, 1987.
39. Bierman, H. “Investing in Junk Bonds.” Journal of Portfolio Management
(Winter 1990).
40. Brick, J.R., H.K.Baker, and J.A. Haslem, eds. Financial Markets Instruments
and Concepts. 2nd ed. Reston, Va.:Reston Publishing, 1986.
41. Fabozzi, F.J. Bond Markets, Analysis and Strategies. Englewood Cliffs, N.J.:
Prentice Hall, 1993.
42. The Handbook of Fixed-Income Securities, 3rd ed. Homewood, II.: Business
One Irwin, 1991.
43. First Boston Corp. Handbook of Securities of the United States Government
and Federal Agencies. 35th ed. New York:First Boston Corp. 1990.
44. Wilson, R.S., and F.J.Fabozzi. The New Corporate Bond Market. Chicago:
Probus Publishing, 1990.
45. Yogo, Glenn. Junk Bonds. New York: Oxford University Press, 1991.
46. Ang, J., and K.Patel. “Bond Rating Methods: Comparison and Validation.”
Journal of Finance (May 1975).
47. Dialynas, C.P. “Bond Yield Spreads Revisited.” Journal of Portfolio
Management, (Winter 1988.)

236
48. Ederington, L.H., J.B. Yawitz. and B.E. Roberts. “The Information Content of
Bond Ratings,” Journal of Financial Research (Fall 1987).
49. FONS, J.S. “The Default Premium and Corporate Bond Experience.” Journal
of Finance (March 1987).
50. Hand, J.M.R.W.Holthausen, and R.W.Leftwich. “The Effect of Bond Rating
Agency Announcements on Bond and Stock Prices.” Journal of Finance (June
1992).
51. Ho, T.S.Y. and R.F.Singer. “Bond Indenture Provisions and the Risk of
Corporate Debt.” Journal of Financial Economics (December 1982).
52. Kalotay, A.J. “An Analysis of Original Issue Discount Bonds.” Financial
Management (Autumn 1984).
53. Kalotay, A.J. and G.O. Williams. “The Valuation and Management of Bonds
with Singking Fund Provisions.” Financial analysis journal (March - April,
1992.)
54. McAdams, L.”How to Anticipate Utility Bond Rating Changes.” Journal of
Portfolio Management (Fall 1980).
55. Peavy, J.W., III. “Bond Ratings as Risk Surrogates - How Good Are They?”
Best’s Review (April 1980).
56. L.C.Gupta, Preference Shares and Company Finance, Institute for Financial
Management and Research, Chennai, 1975.
57. L.C.Gupta, Rate of Return on Equities, The Indian Experience, oxford
University Press, 1981.
58. John C.Hull, Fundamentals of Future and Options markets, 4th ed., Pearson
Education Inc., India, 2003.
59. Gail E.Makinen, Money Banking and Economic Activity, Academic Press,
New York, 1981.
60. James Van Home, The Funding and Analysis of Capital Market Rates,
Princeton University Press, N.J., 1970.
61. L.M.Bhole, Financial Markets, Institution and Growth Structure Innovations,
Tata McGraw-Hill Publishing Co. Ltd., New Delhi, 1982.
62. Malkeil Burton, The Term Structure of Interest Rates, Princeton University,
N.J., 1966.

237
63. Murray E.Palkoff, Financial Institutions and markets, Hughton Miffrn Co.,
USA, 1970.
64. Christy and Clendenin, Introduction to Investments, 7th ed. Mc.Graw-Hill,
USA, 1978.
65. Fred Benwick, Introduction to Investments and Finance Theory and Analysis,
MacMillan Company, New York, 1971.
66. Graham, Dodd and Cottle, Security Analysis, McGraw-Hill (4th Ed.) USA,
1962.
67. Hayes and Hauman, Investments Analysts and management, 3rd Ed., McMillan
Publishing Co. Ltd., New York, 1976.
68. Steven Bolten, Security Analysis and Portfolio Management - An analytical
approach to investments, Holt Rinehart and Winston Inc., New York, 1972.
69. Jones Tuttle Heaton, Essential of Modern Investments, Ronald Press
Company, New York, 1977.
70. Sprecher, An Introduction to Investment Management, Mifflin Company,
Boston, 1975.
71. Dyckman, Dowens and Magee, Efficient Capital Markets and Accounting (A
critical analysis), Prentice Hall, New Jersey, 1975.
72. William F.Sharpe, Portfolio Theory and Capital Markets, McGraw-Hill, USA,
1970.
73. Markowitz, Portfolio Selection, Yale University Press, Yale, 1959.
74. Barua, Samir K., et al., 1996, Portfolio Management, 1st rev. ed., p.76, Tata
McGraw-Hill, New Delhi.
75. Farrell, James L., Jr., 1997, Portfolio management: Theory and Application,
2nd ed., pp.130 - 132, McGraw-Hill, New York.
76. Elton, Edwin J., and Martin J.Gruber, 1994, Modern Portfolio Theory and
Investment Analysis, 4th ed., p.399, John Wiley & Sons, New York.
77. Fama, Eugene, 1970, “Efficient Capital Markets: A review of theory and
empirical work,” Journal of Finance, May.
78. Markowtiz, Harry, 1959, Portfolio Selection: Efficient Diversification of
Investments, John Wiley & Sons, New York.

238
79. Elton, Edwin J., and Martin J.Gruber, 1994, Modem Portfolio Theory and
Investment Analysis, 4th ed., p. 167.
80. Avadhani, V.A., 1997, Securities Analysis and Portfolio Management,
Himalaya Publishing, Mumbai.
81. Singh. Preeti, 1993, Investment Management, Himalaya Publishing, Mumbai.
82. Burghardt, G. and M.Lane. “How to Tell if Options are cheap.” Journal of
Portfolio Management (Winter 1990).
83. Butler J.S. and B.Schachter. “Unbiased Estimates of the Black-Scholes
Formula.” Journal of Financial Economics (March 1986).
84. Keppler, A.Michael. “The Importance of Dividend Yields in Country
Selection.” Journal of Portfolio Management (Winter 1991), pp.24-29.
85. KIM, M.K., and A.Young. “Rewards and Risks from Warrant Hedging.”
Journal of Portfolio Management (Summer 1980).
86. Soldofsky, R.M. “The Risk-Return Performance of Convertibles.” Journal of
Portfolio Management (Winter 1981).
87. Fabozzi, F.J. and G.M.Kipnis, eds. Stock Index Futures. Homewood, III: Dow
Jones-Irwin, 1984.
88. Figlewski, S., and S.Kon. “Portfolio Management with Stock Index Futures.”
Financial Analysts Journal (January-February 1982).
89. Finnerty, J.E. and H.Y. Park. “How to Profit from Program Trading.” Journal
of Portfolio Management, (Winter 1988).
90. Hancock, G.D. “Futures Option Expirations and Volatility in the Stock Index
Futures Market.” Journal of Futures Markets (June 1991).
91. Folger, H., M.Granito, and L.Smith. “A Theoretical analysis of Real Estate
Returns.” Journal of Finance (July 1985), pp. 711 -21.
92. Kapplin, S., and A.Schwartz. “Investing in Real Estate Limited Partnerships.”
American Association of Individual Investors Journal (September 1986), pp.8
- 12.
93. Baesel Jerome, George Shows, and Edward Thorp. “Can Joe Granville Time
the Market?” Journal of Portfolio Management 8, no.3 (Spring 1982). P.5.
94. Dolman, D. The New Contrarian Investment Strategy, New York: Random
House, 1982.

239
95. Farrell, J.I., JR. Guide to Portfolio Management. New York:McGraw-Hill,
1983.
96. Hagin, R.Modem Portfolio Theory. Homewood, III: Dow Jones - Irwin, 1979.
97. Harrignton, D.R.Modern Portfolio Theory, 2nd ed. Englewood Cliffs, N.J.:
Prentice Hall, 1987.
98. Markowtiz, H.M. “Individual versus Institutional Investing.” Financial
Services Review 1 (1991).
99. Statman, M. “How Many Stocks Make a Diversified Portfolio?” Journal of
Financial and Quantitative Analysis (September 1987.)
100. Droms, W.G., ed. Asset Allocation for the Individual Investor.
Charlottesville, Va.: Institute of Chartered Financial Analysis, 1987.
101. Rosenberg, B., and J.Guy. “Prediction of Systematic Risk from Investment
Fundamentals.” Financial Analysis Jumal (May - June, 1976.)
102. Smith, K.V. “The Major Asset Mix Problem for the Individual Investor.”
Journal of Contemporary Business (Winter 1974).
103. Brealey, Richard A. “Portfolio Theory Versus Portfolio Practice.” Journal
of Portfolio Management (Summer 1990).
104. Coggin, T.D., and J.E., Hunter. “A Meta-Analysis of Pricing ‘Risk’ Factors
in APT.” Journal of Portfolio Management (Fall 1987).
105. Avadhani, V.A., 1997, Capital Market Management, Himalaya Publishing,
Mumbai.
106. Bhole L.M.Financial Institutions and Markets, Tata McGraw Hill
Publishing Company Ltd., New Delhi.
107. Dougall, Herbert, E. and Gaumnitz, E.Jack. Capital Market and
Institutions, Prentice Hall, Inc., Englewood Cliffs, N.J., 1980.
108. Varshney. P.N., and D.K.Mittal, Indian Financial System, Sultan Chand &
Company, Educational Publishers, New Delhi, 2000.
109. Kohnm Meir, Financial Institution and Markets, Tata McGraw-Hill
Publishing Company Limited, New Delhi, 1994.
110. Smith, Clifford W.Jr., “Globalization of Financial Markets,” Carnegie -
Rochester Conference Series on Public Policy, 34, 1991.

240
111. Whitehouse, Herbert A., “How Pension Investment Policy Drains
American Economic Strength”, The Columbia Journal of World Business,
Spring 1992, pp. 22 - 36.
112. Bombay Stock Exchange Official Directory, Bombay Stock Exchange,
Bombay.
113. Chandratre K.R. et al., Bharat’s Compendium on Capital Issues, SEBI and
listing, Bharat Publishing House, New Delhi, 1992.
114. Gupta L.C.. Stock Exchange Trading in India-Agenda for Reform, Society
for Capital Market Research and Development, New Delhi, 1992.
115. Saroja, S. ed., Emerging Trends in the Capital Market in India, Global
Business Press, New Delhi, 1991.
116. Khan M.Y., Financial System, Tata McGraw-Hill Publications Pvt. Ltd.,
New Delhi, 2001.
117. ICAI, Seminar papers on financial services.
118. Kuchaal, Banking and Financial Services.
119. Srivastava, R.M. Management of Indian Financial Institutions, Himalaya
Publishing House, Bombay, 1991.
120. Guruswamy, S., Banking in the New Millennium, Kanishka Publications,
New Delhi, 2001.
121. Maheshwari, S.N., Banking Law & Practice, Kalyan Publications, 1991.
122. Srivastava, R.M., Management of Indian Financial Institutions, Jaipur,
2000.
123. Adiseshaiah and Malcolm S., Foreign Investment and Liberalization,
Yojana, Aug. 15, 1994, pp. 30 - 32.
124. Blake, D., Financial market Analysis, McGraw-Hill, 1990.
125. Cooper, I., “Innovations New Market Instruments,” Oxford Review of
Economic Policy, Oxford, 1986.
126. Fabozzi, Frank J., Investment Management, Prentice hall, 1995.
127. Foley, B.J., Capital Markets, MacMillan, 1991.
128. Frankel, J.A., and froot, K.A., “Chartists, Fundamentalists, and Trading in
the Forex Market,” American Economic Review, 1990, pp. 181 - 185.

241
129. Goodhart, CAE, “Financial Innovation and Monetary Control,” Oxford
Review of Economic Policy, Oxford, 1986.
130. HalU.B., Monetary Policy Since 1971, MacMillan, 1983.
131. Johnson, Hazel J„ Financial Institutions and Markets A Global Perspective,
Tata McGraw-Hill, New Delhi.
132. Khan, Meir. Financial Institutions and Markets, McGraw Hill, New York,
1994.
133. Kothari, C.R. Investment Banking and Customer Service, Arihand, Jaipur.
134. Maheswari, R.P. and Gupta A.N., Business, Government and Society, Vani
Books, New Delhi, 1985.
135. Nair, T.C. and Gurumurthy, R., “Securitization on Debt Some Issues,” The
Journal of the Indian Institute of Bankers, 1995, pp.135 - 139.
136. Pandey, I.M., Specialized Financial Services Institutions, Chartered
Secretary, New Delhi, pp. 912-25.
137. Patel G.S., Capital Market, Functioning and Trends, ICEA, 1992.
138. Rao, Ramesh K.S., Fundamentals of Financial Management, MacMillan,
New York, 1989.
139. Rutterford, J., Introduction of Stock Exchange Investment, 2nd ed.,
McMillan, 1993.
140. Sadak, H., Mutual Funds in India, Sage, New Delhi, 1996.
141. Samal, Kishor. C., “Emerging Equity Market in India,” Economic and
Political Weekly, 1987.
142. Shrestha, Sunity, Portfolio Behaviour of Commercial Banks in Nepal,
Mandala Book Point, Kathmandu.
143. World Institute for development Economics Research, (1991), Private
Investment in Infrastructure The Mobilization of Equity Capital, United
Nations University, 1991.
144. Bagehot, Walter, Lombard Street. Homewood, IL: Richard D.Irwin, 1873
(1962 Edition).
145. Bencivenga, V. R, Smith, B. D, and R. M. Starr, “Equity markets,
Transaction Costs, and Capital Accumulation: An Illustration,” World Bank
Economic Review, 1996.

242
146. Demirguc-kunt and V. Masksimovic, Stock market development and firm
financing choices, World Bank, Washington, 1995.
147. Devereux and Smith, “International Risk Sharing and Economic Growth”,
International Economic Review, August 1994, 35 (4), pp. 535-50.
148. Diamond and Verrecchia, “Optimal Managerial Contracts and Equilibrium
Security Prices,” Journal of Finance, May 1982, 37, pp.275-287.
149. Fischer, “The Role of Macroeconomic Factors in Growth”. Journal of
Monetary Economics, December 1993, 32 (3): 485-511.
150. Goldsmith, Raymond, W. Financial Structure and Development. New
Haven, CT: Yale University Press, 1969.
151. Greenwood, J., and B. Smith, “Financial Markets in Development and the
Development of Financial Markets,” Journal of Economic Dynamics and
Control, 1994.
152. Hicks, John, A Theory of Economic History, Oxford: Clarendon Press,
1969.
153. Holmstrom and Tirole, “Market Liquidity and Performance Monitoring,”
Journal ofPolitical Economy, August 1993, 101 (4), pp.678-709.
154. Kyle, “Market Structure, Information, Futures Markets, and Price
Formation,” in International Agriculture Trade: Advanced Readings in
Price Formation, Market Structure, and Price Instability, edited by Gary
G. Storey, Andrew Schmitz, and Alexander, Boulder, Colorado, Westview,
1984.
155. Laffont and Tirole, “Repeated Auctions of Incentive Contracts, Investment,
and Bidding Parity with an Application to Takeovers,” Rand Journal of
Economics, winter 1988, 19, pp.516-537.
156. Levine, Ross, “Stock Markets, Growth, and Tax Policy”, Journal of
Finance, September 46 (4), p.1445-65, 1991.
157. Levine, Ross and Sara Zervos, “Stock Market Development and Long-Run
Growth”, World Bank Economic Review, Oxford University Press, vol.
10(2), pages 323-339, 1996.
158. Lucas, Robert E, “On the Mechanics of Economic Development”, Journal
of Monetary Economics, July 1988, 22 (1), pp.3-42.

243
159. Mayer, “New Issues in Corporate Finance,” European Economic Review,
1988,32, 1167-1188.
160. Mckinnon, Ronald I. Money and Capital in Economic Development,
Washington, DC: Brookings Institution, 1973.
161. Meier, Gerald M. and Seers, Dudley, Pioneers in Development, New York:
Oxford University Press, 1984.
162. Obstfeld, Maurice, “Risk-Taking, Global Diversification, and Growth,”
American Economic Review, 1994, December 84 (5), p. 1310-1329.
163. Pagano, “The flotation of companies on the stock market: a coordination
failure model,” European Economic Review 37, 1101-25.
164. Roubini, N and Sala-I-Martin, “The Relation between Trade Regime,
Financial Development and Economic Growth,” Mimeo, Yale University,
1991.
165. Ryrie, William, “Stock markets and their role in economic development,”
The Stock Exchange Review, February 1991 (the text of the second P. J.
Jeejeebhoy Memorial lecture, 1990).
166. Saint-Paul, Gilles, “Technological Choice, Financial Markets and
Economic Development,” European Economic Review, May 1992, 36 (4),
pp.763-81.
167. Scharfstein, “The Disciplinary Role of Takeovers,” Review of Economic
Studies, April 1988, 55, pp. 185-99.
168. Schumpeter, Joseph A, Theorie der Wirtschaftlichen Entwicklung, Leipzig-,
Dunker & Humbiot, 1912. (The Theory of Economic Development, 1912,
translated by Redvers Opie. Cambridge, MA: Harvard University Press,
1934).
169. Shleifer and Summers, “Breach of Trust in Hostile Takeovers,” in ed., A.
Auerbach, Corporate Takeovers: Causes and Consequences, 1988,
Chicago, University of Chicago Press, 33-56.
170. Stern, Nicholas, “The Economics of Development: A Survey,” Journal of
Money, Credit and Banking, May 1985, 17 (2), pp. 133-52.
171. Stiglitz, J. “Financial Markets and Development.” Oxford Review of
Economic Policy, 1989, 5: 55-68.

244
172. Stiglitz, “The Role of the State in Financial Markets,” Proceedings of the
Annual Bank Conference on Development Economics, 1993, pp. 19-52
173. Adajaski, Charles K.D. and Nicholas B. Biekpe (2005), “Stock Market
Development and Economic Growth: The Case of Selected African
Countries” Working Paper, African Development Bank.
174. Atje, R., and B. Jovanovic, (1993), “Stock Markets and Development,”
European Economic Review, Vol. 37, 632-640.
175. Bagehot, (1873), “A Description of Money Market with Currency
Monopoly, Homewood. ILRichard, 1962.
176. Bahadur and Neupane, (2006), “Stock Market and Economic Development:
a Causality Test, The Journal of Nepalese Business Studies, pp: 36-44.
177. Banerjee, A. and A. Newman, (1993), “Occupational Choice and the
Process of Development,’’Journal of Political Economy, 101, (121).
178. Beck, T., and R. Levine, (2003), “Stock Markets, Banks, and Growth:
Panel Evidence,” Journal of Banking and Finance.
179. Benchivenga, V. R. and Smith, B. D, (1991), “Financial Intermediation and
Endogenous Growth”. The Review of Economic studies, Vol. 58, pp. 195-
209.
180. Bhide, (1993), “The Hidden Costs of Stock Market Liquidity,” Journal of
Financial Economics, 34 (1), pp. 1-51.
181. Bhide, A., (1993), “The Hidden Costs of Stock Market Liquidity”, Journal
of Financial Economics 34, 31-51.
182. Borensztein, E., De Gregorio, J., J.W. Lee, (1998), “How Does Foreign
Investment Affect Growth? Journal of International Economics,
45.pp.l 15135.
183. Caporale, Howells and soliman, (2004), “ Stock Market Development and
Economic Growth: A Casual Linkage, Journal of Economic Development,
29, PP:33-50.
184. Chen, Lee and Wong, (2004), “Is Rate of Stock Returns a Leading
Indicator of Output Growth? In Case of Four East Asian Countries.
Unpublished.

245
185. Cho, Y.J., (1986), “Inefficiencies from Financial Liberalization in the
Absence of Well-Functioning Equity Markets,” Journal of Money, Credit,
and Banking, Vol. 18. 191-199.
186. Comincioli, Brad (1996), “The Stock Market as a Leading Indicator: An
Application of Granger Causality”, The University Avenue Undergraduate
Journal of Economics, Sample Issue.
187. Dejong, D.N.. Nankervis, J.C., Savin, N.E., (1992), “Integration Versus
Trend Stationarity in Time Series”, Econometrica, 60, 423-33.
188. Dejong, D.N., Nankervis, J.C., Savin, N.E., (1992), “Integration Versus
Trend Stationarity in Time Series”, Econometrica, 60, 423-33.
189. Demirguc-Kunt, A. (1994), “Developing Country Capital Structure and
Emerging Stock Markets,” Policy Research Working Paper, WPS 933,
July.
190. Dickey, D., Fuller, W.A., (1979), “Distribution of the Estimates for
Autoregressive Time Series with Unit Root”, Journal of the American
Statistical Association, 74 (June), 427-31.
191. Elliot, G., Rothenberg, T.J., Stock, J.H., (1996),“Efficient Tests for an
Autoregressive Unit Root”, Econometrica, 64, 813-36.
192. Engle RF, Granger CWJ., (1987), “Co-integration and error correction
representation: estimation and testing. Econometrica, 55: 251-276.
193. Filer, Hanousek and Nauro, (1999), “Do Stock Markets Promote Economic
Growth?” Working Paper No.267.
194. Gregory, A. and Hansen, B. (1996) ‘Residual-based tests for cointegration
in models with regime shifts’, Journal of Econometrics, 70, 99-126.
195. Gurley, J., and E. Shaw (1955), “Financial Aspects of Economic
Development,” American Economic Review, Vol. 45, 515-537.
196. Harris, R., Sollis, R., (2003), “Applied Time Series Modeling and
Forecasting” Wiley, West Sussex.
197. International Research Journal of Finance and Economics - Issue 14
(2008)
198. Johansen, S., (1988), “Statistical Analysis of Co-integrated Vectors”,
Journal of Economic Dynamics & Control, 12, 231-54.

246
199. Johansen, S., (1995), “A Statistical Analysis of 1(2) Variables”
Econometric Theory, 11,25-59.
200. Johansen, S., Juselius, K., (1990), “Maximum Likelihood Estimation and
Inference on Cointegration-With Application to the Demand for Money”,
Oxford Bulletin of Economics and Statistics, 52, 169-210.
201. Kwiatkowski, D., P.C.B. Phillips, P. Schmidt, and Y. Shin (1992), “Testing
the Null of Stationarity Against the Alternative of a Unit Root: How Sure
Are We That Economic Time Series Have a Unit Root?” Journal of
Econometrics, 54, 159-178.
202. Levine, R., and S.J. Zervos (1995), “Stock Market Development and Long-
Run Growth,” World Bank Economic Review, Vol. 82, No. 4, 942-963.
203. LEVINE, R., ZERVOS, S, (1996), “Stock Market Development and Long
-Run Growth”, The World Bank Economic Review, Vol 10(2), pp.323-
339.
204. Levine, Ross (1997), “Financial Development and Economic Growth:
Views and Agenda,” Journal of Economic Literature, 35, 688-726.
205. Levine, Ross and Sarah Zervos, (1998), “Stock Markets, Banks, and
Economic Growth”, American Economic Review 88:537-558.
206. Lucas, R.E. (1988) “On the Mechanics of Economic Development.”
Journal of Monetary Economics 22, 3-42.
207. Luintel, Kul and Mosahid Khan (1999), “A Quantitative Reassessment of
the Finance-Growth Nexus: Evidence from a Multivariate VAR”. Journal
of Development Economics 60: 381-405.
208. Mirakhor, S., and R.M. Lillanueva, (1990), “Market Integration and
Investment Barriers in Emerging Equity Markets,” World Bank Discussion
Paper, No. 216, 221-255.
209. Mishkin, Frederic S, (2001), “The Economics of Money, Banking, and
Financial Markets”, 6th ed.New York: Addison Wesley Longman.
210. Mohsen, Bahmani-Oskooee, Ng R.. W., (2002), “Long Run Demand for
Money in Hong Kong: An Application of the ARDL Model”, International
journal of business and economics, Vol. 1, No. 2, pp. 147155.

247
211. Ng, S., Perron. P„ (2001), “Lag Length Selection and the Construction of
Unit Root Test with Good Size and Power”, Econometrica, 69, 1519-54.
212. Obstfeld, (1994), “Risk-Taking, Global Diversification, and Growth,”
American Economic Review, 84 (5), pp. 1310-1329.
213. Osei Vector, (2005), “Does the Stock Market Matter in Ghana? A Granger-
Causality Analysis, Bank of Ghana, WP/BOG-05/13.
214. Pardy, R, (1992), “Institutional Reform in Emerging Securities Markets”,
Policy Research Working Papers (Financial Policy and Systems), No. 907,
World Bank.
215. Paresh Kumar Narayan, (2005), “The saving and investment nexus for
China: evidence from co-integration tests”, Applied Economics, 37, 1979—
1990.
216. Pesaran and Shin (1995, 1998), An autoregressive distributed lag modeling
approach to co integration analysis. DAE Working papers, No.9514.
217. Pesaran et al. (1996), Testing for the existence of a long run relationship.
DAE Working papers, No.9622.
218. Pesaran, Shin and Smith, (2001), “Bounds Testing Approaches to the
Analysis of Level Relationships” Journal of Applied Econometrics. 16:
289-326.
219. Peseran, M. H., Peseran, B. (1997). Working with Microfit 4.0: Interactive
Econometric Analysis, Oxford: Oxford University Press.
220. Phillips, P. C. B., Hansen, B. E. (1990). Statistical inference in instrumental
variable regression with 1(1) Processes. Rev. Econ. Studies 57:99-125.
221. Phillips, P.C.B., Perron, P„ (1988), “Testing for a Unit Root in Time Series
Regression”, Biometrica, 75, 335-446.
222. nternational Research Journal of Finance and Economics - Issue 14 (2008)
194
223. Rajan, R.G., and Zingales, L. (1998) “Financial Dependence and Growth.”
American Economic Review 88, 559-586.
224. Robinson, J. (1952), “The Rate of Interest and Other Essays”. London:
MacMillan (Chapter “The generalization of the general theory”).

248
225. Rousseau, P.L., and P. Wachtel, (2000), “Equity Markets and Growth:
Cross-country Evidence on Timing and Outcomes, 1980-1995,” Journal of
Banking and Finance, 24, 1933-1957.
226. Schumpeter, J.A., 1911. The Theory of Economic Development. Harvard
University Press, Cambridge, MA.
227. Siliverstovs, Boriss and Manh Ha Duong (2006), “On the Role of Stock
Market for Real Economic Activity: Evidence for Europe.” DIW Berlin
Discussion Paper, 599. BerlimGermany.
228. Singh, A. (1997), “Financial Liberalization, Stock Markets and Economic
Development,” The Economic Journal, 107, 771-82.
229. Spears, Annie, (1991), “Financial Development and Economic Growth-
Causality Tests”, Atlantic Economic Journal, 19:66-74.
230. Stiglitz, J.E., and A. Weiss, (1981), “Credit Rationing in Markets With
Imperfect Information,” American Economic Review, Vol. 71, 393-410.
231. Suleiman (2005), “The Impact of Investment and Financial Intermediation
on economic Growth: New Evidence from Jordan Abstract” mimeo.
232. Surya Bahadur G.C. and Suman Neupane, (2006), “Stock Market and
Economic Development: a Causality Test” The Journal of Nepalese
Business Studies Vol. Ill No. 1.
233. Tuncer and Alovsat, (2001), “Stock Markets and Economic Growth: A
Causality Test”, unpublished.
234. Grewal S.S., (1983), Making Money on the Stock Market - A Practical
Hand Book, Vision Books, New Delhi, P. VI.
235. Roshni Jayakar, BSE: Then And Now, Business Today, January, 20, 2002,
P.63.
236. Preethi Singh , 2000, Investment Management- Security Analysis and
Portfolio Management, Himalaya Publishing House, Mumbai, P, 25.
237. Prof. V. Gangadhar and M. Yadagiri, Impact of Capital Market Reforms on
Capital Issues in India, Indian Journal of Commerce, Vol. XLVIII, No.
184, Part III, September 1995, P. 19-28.

249
238. Sudhakar Sujit and Amrit Pal Singh, (1996), ‘Financial Services:
Investment in Equity and Mutual Funds - A Behavioural Study’ in
Management of Financial Services, Brahma & Batra, Deep and Deep
publications New-Delhi, P. 136-145.
239. George Lasry, “Valuing Common Stock”
240. Naresh Kumar, “Share Holding Pattern in India”, Money Matters, April,
1990, p. 51.
241. Rao Narayana K V S S, and Bhole L. M, “ Inflation and Equity Returns”,
Economic and Political Weekly, Vol.25, No. 21, May 26, 1990, pp.91-96.
242. Arun Chan, “ Protection of Investors Interest- Role of Companies Act
1956”, Chartered Accountant, A.|^l|sf. <P!p(| pp. 56-64.
243. Vidya Shankar, “ Mutual Funds - Emerging Trends in India” , Chartered
Secretary, Vol.XX. No. 8, August, 1990. pp. 639-642.
244. Anshuman, A. S. Prakash Chandra, R. “ Small Equity Shareholdings-The
Repercussions”, Chartered Secretary, Vol. XXI, No.7, July, 1991, pp.562-
573.
245. Gupta. L.C., “ Indian Share Owners- A Survey . Society for Capital
Market Research and Develcfcfnefciiiftei Delhi, 1991 .pp. 122-145.

246. Joginder Singh, “Working of Security Markets in India”, Reliance


Publishing House, New Delhi, 1994. p.31
247. Mohan Rao. P., “ Working of Mutual Fund Organizations in India”.,
Kanishka Publishers and Distributors, New Delhi, 1998.
248. Virender Jain., “Investors Behavior”, MacMillian India Limited, New
Delhi, 2001. pp.175-176.
249. Sachdev, “Where to put your Money”, Business India, January 6-19,
2003. pp.51-59.
250. Ramakrishna G. V. Former Chairman, Securities Exchange Board of
India at Lexpo-1993 on Legal and Financial Aspects of doing Business in
India and US.
251. Jawahar Lai, “ Personal Investing”, Wheeler Publishing, New Delhi,
1995.

250
252. Mayya M.R., “ Reflection on the Changing Scenario of Indian Stock
Markets”, Forum for Free Enterprise, A.D. Shorff Memorial Trust,
Bombay, 1995.
253. Shankar Ayiar V, “ Missed Chance,” India Today, November 2, 1998.
254. Rafael La Porta, Florencio, Lopez de Sildanes , Andrei Shleifer and
Robert W Vishny, “Investor Protection- Origins, Consequences and
Reforms”, Financial Sector Discussion Paper-1, The World Bank.
255. Subir Gokaran,, “Regulation of the Indian Stock Market - An Assessment
of Recent Reforms”, Project Report on Financial Sector Reforms, IGIDR,
Goregoan, Mumbai.
256. Versha Vahini., “Investors Protection vis - a -vis Regulatory Authorities in
India”. Paper presented at National Seminar on Investors Protection in
India, Organized by National Law School of India University, Bangalore,
December 2000.
257. Mitra N.L., “ Report on Investor Protection”., Centre for Business Law
Studies, Bangalore, 2001.
258. Mishra A. K., “Marketing of Financial Services of Corporate Security
Market- The Indian Journal of Commerce, December 1992, Vol. No. XLV
Part-IV, No. 173.
259. Prasanna Chandra “Investment in Corporate Securities- A Study of Small
Investors in Andhra Pradesh”, Un-published Ph.D thesis, Kakatiya
University, Warangal, Andhra Pradesh, p. 13.
260. Laxman Swaroop., “Towards a Vibrant Capital Market”., The Journal of
Commerce, September 1991, Vol. XLIV, Part-Ill, No.168. P.85.
261. Shadi Lai., “Working of Shareholders Association in India”, Company
News and Notes, October 19971, Vol. IX, No. 19 and 20.

Websites:

1. www.aaii.com
2. www.adr.com
3. www.aex.nl
4. www.amfiindia.com

251
5. www.aicpa.org
6. www.asset-analysis.com
7. http://biz.yahoo.com
8. www.brill.com
9. www.bondsmarkets.com
10. www.bondsonline.com
11. www.bonds.yahoo.com
12. www.bus.ed.ac.ukwww.business.com
13. www.business-standard.com
14. www.businessweek.com
15. www.birlasunlife.com
16. www.commoditytrader.net
17. www.census.gov
18. www.centraldepository.comwww.cftc.gov
19. www.cgi.money.cnn.com
20. www.chicagotribune.com
21. www.cml.prusec.com
22. www.cme.com
23. www.cbs.marketwatch.com
24. www.cob.ohio-state.edu
25. www.commoditytrader.com
26. www.equitymaster.com
27. wwww.erisks.com
28. wwww.executivelibrary.com
29. www.evansonasset.com
30. www.effficientfrontier.com
31. www.econpapers.hhs.se
32. www.econ.pncbank.com
33. www.economagic.com
34. www.eldis.org
35. www.eurexchange.com
36. www.exchange.de

252
37. www.g7.utoronto.ca
38. www.hoovers.com
39. www.hindustantimes.com
40. www.indianinfoline.com
41. www.indiamart.com
42. www.indianmba.com
43. www.indiaserver.com
44. www.indiastat.com
45. www.indiandata.com
46. www.indexfunds.com
47. www.ino.com
48. www.kcbt.com
49. www.about.com
50. www.adrbny.com
51. www.ambest.com
52. www.anderson.ucla.edu
53. www.aigvalic.com
54. www.asx.com.au
55. www.batTons.com
56. www.bombooweb.com
57. www.beginnersinvest.about.com
58. www.bestcalls.com
59. www.bharatentrepreneurs.com
60. www.capitalideasonline.com
61. www.bseindia.com
62. www.bloomberg.com
63. www.cepa.newschool.edu
64. www.csrwire.com
65. www.csr-news.net
66. www.contingencyanalysis.com
67. wwww.corporateinformation.comwww.crisilonline.com
68. wwww.earningswhispers.comwww.economics.about.com

253
69. www.economictimes.com
70. www.edgarscan.pwcglobal.com
71. http://fmance.com
72. http://finance.indiainfo.com
73. www.fmancialengines.com
74. www.financewise.com
75. www.finance.lycos.com
76. www.fincentre.com
77. www.fintools.com
78. www.fidelity.com
79. www.fieo.com
80. www.federalreserve.govwww.fee-only-advisor.comwww.icicidirect.com
81. www.indiadaily.com
82. www.indiafocus.indiainfo.com
83. www.investobroadcast.comwww.investroreducation.org
84. www.investorhome.com
85. www.investormap.com
86. www.investorsoftware.net
87. www.investorwords.com
88. www.adamscapital.com
89. www.adtrading.com
90. www.amex.com
91. www.aegisfuhd.com
92. www.aimr.com
93. www.bxs.be
94. www.ceoexpress.com
95. www.csce.com
96. www.cfo.com
97. www.bmf.com.br
98. www.capitalmarket.co.in
99. www.careratings.com

254

You might also like