User profiles for Ashok Vora
Ashok VORAProfessor of Economics and Finance (Retired) Verified email at baruch.cuny.edu Cited by 437 |
[PDF][PDF] Industry influence on corporate working capital decisions
G Hawawini, C Viallet, A Vora - 1986 - mpra.ub.uni-muenchen.de
This paper provides evidence that corporate working capital decisions are affected by the
industry/sector in which firms belong
industry/sector in which firms belong
Yield approximations: a historical perspective
GA Hawawini, A Vora - The Journal of Finance, 1982 - Wiley Online Library
This paper traces the historical developments of the efforts to find simple and accurate methods
of approximating an annuity's implicit yield and a bond's yield to maturity. It is shown that …
of approximating an annuity's implicit yield and a bond's yield to maturity. It is shown that …
Evidence of Intertemporal Systematic Risks in the Dailty Price Movements of NYSE and AMEX Common Stocks
GA Hawawini, A Vora - Journal of Financial and Quantitative …, 1980 - cambridge.org
In a recent paper in this Journal Francis [3] has examined the intertemporal systematic cross
dependence between the monthly returns of securities and those of a market index. Based …
dependence between the monthly returns of securities and those of a market index. Based …
Spread volatility in commodity futures: The length effect
MG Castelino, A Vora - The Journal of Futures Markets (pre …, 1984 - search.proquest.com
I, INTHODUCTION ||| he use of futures markets to reduce the risk of an underlying cash position
has long been recognized. If spot and futures prices move in a synchronous pattern, then …
has long been recognized. If spot and futures prices move in a synchronous pattern, then …
[BOOK][B] Investment horizon, diversification, and the efficiency of alternative beta forecasts
GA Hawawini, A Vora - 1981 - flora.insead.edu
When we estimate the systematic risk of a security we normally use the observed beta from
the characteristic line as the best estimator of true beta. In fact, this is only one of many …
the characteristic line as the best estimator of true beta. In fact, this is only one of many …
The capital asset pricing model and the investment horizon: comment
GA Hawawini, A Vora - The Review of Economics and Statistics, 1981 - JSTOR
In a recent paper in this REVIEW, Levhari and Levy (1977, p. 104) show that" the systematic
risk of defensive stocks tends to decline while that for aggressive stocks tends to increase …
risk of defensive stocks tends to decline while that for aggressive stocks tends to increase …
Temporal aggregation and the estimation of the market price of risk
GA Hawawini, A Vora - Economics Letters, 1980 - Elsevier
This letter examines the relationship between the market price of risk (MPR) inferred from
the Capital Asset Pricing Model and the length T of the time interval over which securities' …
the Capital Asset Pricing Model and the length T of the time interval over which securities' …
Bivariate spectral analysis of the capital asset pricing model
MA Goldberg, A Vora - Journal of Financial and Quantitative Analysis, 1978 - cambridge.org
Ever since Markowitz introduced the concept of portfolio theory in 1952, one of the questions
predominant in the minds of financial theorists has been the constituency of the investor's …
predominant in the minds of financial theorists has been the constituency of the investor's …
The Bias of Conventional Risk Premiums in Empirical Tests of the Capital Asset Pricing Model
PA Casabona, A Vora - Financial Management, 1982 - JSTOR
In this paper Macauley's and Hicks' measure of duration is used to show that, for the CAPM,
the generally accepted empirical risk premium distorts the estimates of security beta …
the generally accepted empirical risk premium distorts the estimates of security beta …
On the theoretic and numeric problems of approximating the bond yield to maturity
GA Hawawini, A Vora - The Engineering Economist, 1979 - Taylor & Francis
… Hawawini and Ashok Vora Baruch College, City University of New York …