An Empirical Investigation of Volatility Clustering, Volatility Spillover and Persistence from USA to Two Emerging Economies India and China

The relationship between share prices and macroeconomic variables is well documented for the United States and other major economies. However, what is the relationship between share prices and economic activity in emerging economies? The goal of this study is to investigate the time-series relationship between stock market index prices and the macroeconomic variables of exchange rate and oil price for Brazil, Russia, India, and China (BRIC) using the Box-Jenkins ARIMA model. Although no significant relationship was found between respective exchange rate and oil price on the stock market index prices of either BRIC country, this may be due to the influence other domestic and international macroeconomic factors on stock market returns, warranting further research. Also, there was no significant relationship found between present and past stock market returns, suggesting the markets of Brazil, Russia, India, and China exhibit the weak-form of market efficiency.

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Harmonizing a Thriving World Palm Oil İndustry and Economy through Genuine Collaboration between Producers – Malaysia, Indonesia, and West Africa, and Consumers – India and China

GATR Global Journal of Business Social Sciences Review - GATR Global Journal of Business and Social Science Review (GJBSSR) Vol.7(1) Jan-Mar 2019 ◽

10.35609/gjbssr.2013.1.1(2) ◽

2013 ◽

Vol 1 (1) ◽

pp. 11-16

Author(s):

Osayimwense Osa ◽

Kausar Saida

Keyword(s):

West Africa ◽

Palm Oil ◽

Emerging Economies ◽

Oil Industry ◽

The State ◽

High Demand ◽

Paper Review ◽

Oil Sector ◽

The One ◽

India And China

Objective This article probes the state of Africa's palm oil industry and economy today. Methodology/Technique Today, Malaysia, Indonesia, and West Africa are the world's major producers of palm oil; and India and China, the world's most densely populated countries, are the major consumers. However, why is it that West Africa that is naturally endowed with palm oil is the one that lags behind others in the global production of palm oil? Should this kind of natural endowment and the presence of the major world producers and the biggest consumers of palm oil not spell colossal success for global palm oil industry and economy? Findings Without an adequate demand for a commodity, supply will be limited, thus resulting in a downward supply curve. On the other hand, if there is a high demand for a commodity like palm oil, then it will be produced in abundance. Novelty Where and why it has fallen short, and what does need to be done via-a-vis the state of Malaysia's and Indonesia's palm oil sector and the presence of emerging economies like China and India against the backdrop of globalization. Type of Paper: Review Keywords: Palm oil; economy; consumption, globalization

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Sustainable Business Initiatives in the Context of Emerging Economies

Green Technologies ◽

10.4018/978-1-60960-472-1.ch713 ◽

2011 ◽

pp. 1751-1767

Author(s):

Jay (Luv) M. Nathadwarawala ◽

Khush M. Nathadwarawala

Keyword(s):

Emerging Economies ◽

Sustainable Business ◽

Crucial Step ◽

Developed Economies ◽

India And China

Emerging economies, becoming popular under the acronym of BRIC (Brazil, Russia, India and China), are facing unique challenges related to sustainability. The challenges faced by these economies are quite different to those faced by developed economies such as UK, USA and Australia. These differences arise – from the BRIC perspective – due to the lack of existing infrastructure, potential for huge growth in the markets, need for greater awareness from the consumers and the challenges in implementing regulatory compliances. Improving the performance of organizations and industries in which they exist is a crucial step towards achieving control and improving sustainability. This chapter outlines and discusses issues and challenges related to implementing green concepts in emerging economies, corresponding measures and also proposes an approach to ameliorating the challenges.

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Volatility Clustering within Industries: An Empirical Investigation

American Journal of Business ◽

10.1108/19355181200700008 ◽

2007 ◽

Vol 22 (2) ◽

pp. 33-44 ◽

Cited By ~ 1

Author(s):

Manfen W. Chen ◽

Jianzhou Zhu

Keyword(s):

Empirical Investigation ◽

Volatility Clustering

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Internal Auditing in India and China: Some Empirical Evidence and Issues for Research

Journal of Accounting Auditing & Finance ◽

10.1177/0148558x18762976 ◽

2018 ◽

Vol 34 (4) ◽

pp. 511-523 ◽

Cited By ~ 1

Author(s):

R. Narayanaswamy ◽

K. Raghunandan ◽

Dasaratha V. Rama

Keyword(s):

Empirical Evidence ◽

Emerging Economies ◽

Internal Audit ◽

The United States ◽

Future Research ◽

Internal Auditing ◽

Internal Auditors ◽

Internal Audit Function ◽

India And China

Internal auditing is an important element in the corporate governance framework. Yet, research related to internal auditing, particularly in emerging economies like India and China, is sparse. We use data from responses provided by chief audit executives to provide empirical evidence about the extent of support for internal auditing and the determinants of such support in India and China, and compare the data with those from the United States. We find that such support is negatively related to pressure on internal auditors to suppress or alter their findings. We also provide descriptive evidence about the work and staffing of the internal audit function. We discuss the role of internal auditing in India and identify some possible avenues for future research.

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