This paper provides a methodology for valuing credit default swaps when the payoff is
contingent on default by a single reference entity and there is no counterparty defaultrisk …

What determines risk-bearing capacity and the amount of leverage in financial markets?
Using unique archival data on collateralized lending, we show that personal experience can …

Purpose–The purpose of this paper is to test the long-term effects of price and volume with
the help of Downward Slo** Demand Curve (DSDC) hypothesis, and also the short-term …

Purpose We examine the changes in a firm's cost of debt after it is included in or removed
from the S&P 500. The extant literature on index composition focuses on the cost of equity …

Since 1989, newly added stocks in the S&P 500 Index have been observed to experience
an upward price drift during the time between the moment when the index constituency …

The present study aims to systematically review the research evidence available on the
impact of additions and deletions of companies from various stock indices on their stock …

This study examines the stock liquidity and cost of equity capital (COEC) effects around the
CNX Nifty index revisions during the period 1998–2011. To examine these effects, the …

Purpose The purpose of this study is to investigate the value investors place on S&P index
additions relative to uncertainty surrounding the firm and the market. Investors look for …

Purpose–The purpose of this paper is to directly examine the information hypothesis of S&P
500 index inclusion announcements by investigating the degree to which information …

In this study we attempt to answer the question–does the start of pre-announcing of S&P 500
index changes in October 1989 have an effect on the trading pattern of added or deleted …