A REVIEW OF STUDIES CONDUCTED ON THE WEAK FORM OF THE EFFICIENT MARKET HYPOTHESIS ON EMERGING CAPITAL MARKETS Surabhi Kothiyal (2009B3A8360P) Vishnukaant Pitty (2009A4PS340P) 1 CONTENTS PAGE NO. 1. Introduction 3 2. On Emerging Markets … 5 3. Empirical Methods 8 3.1. Non-Parametric Tests 8 3.1.1. Kolmogrov Smirnov Goodness of Fit Test 9 3.1.2. Runs Test 9 3.2. Parametric Tests 10 3.2.1. Auto-Correlation Test 10 3.2.2. ADF (Augmented
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Ethics and Emerging Technologies From the beginning of human civilization till present date‚ new innovations and technologies are introduced into the society to improve existing lifestyle or operation methods. However‚ as we approach the pinnacle of what current technologies allows us to research on‚ the rate at which new technologies are surfacing is gradually decreasing. Therefore‚ researchers and engineers began working on existing technologies for further improvement. One branch of emerging technology
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Economics of Competition Policy in India: Emerging issues Rajeev C.Bharathan‚ Background Generally in economics‚ competition is seen as rivalry among firms for a larger share of the market‚ which leads to efficiency in production and lower prices for the consumers. Competition can be defined as a process by which cost efficient production is achieved in a structure where entry and exit are easy‚ a reasonable number of players (producers and consumers are present) and close substitution between
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The role of Eurodollar bond issuance in Emerging Markets Eurodollar bonds are U.S. dollars held in banks outside the United States by a non US organization. They pay interest and principal in Eurodollars. These bonds are not registered with the Securities and Exchange Commission. Due to fewer regulatory restrictions and costs in the Euromarkets‚ Eurodollar bonds can be sold at lower than U.S. interest rates. Eurodollar bonds are one of the more common Eurocurrency bonds because of the international
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Arcelik: International Aspirations of an Emerging Market Firm Arcelik‚ a Turkish appliance manufacturer controlled by Turkey’s largest conglomerate company named Kroc Group. From the beginning‚ Arcelik products more than half of Turkey’s appliances‚ including air conditioners‚ dishwashers machines‚ cooking appliances‚ and refrigerators. But since trade barriers declined in 1980s and 1990s‚ many competitors such as BSH‚ Haier‚ General Electronic‚ Whirlpool‚ and Electrolux were threatening Arcelik’s
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by the Turkish drugmakers association for 2013 sales corresponds with our own forecasts. We have also modified our pharmaceutical sales forecast for 2014 and beyond to reflect the volatile exchange rate situation. We now see Turkey’s lustre as an emerging pharmaceutical market regressing over the medium term. We believe that the business environment will continue to impede the industry and see very little scope for the central government to enact business-friendly reform in the sector. In sum‚ we
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NAME LYT2 Current and Emerging Technology Simple Gateways Request for Proposal Simple Gateways was a positively easy task to setup with fundamental administrative operational functions. However‚ the drawback to progress in growth and expansion was probable. The company makes more revenue due to the rapid increase of customer demand for the company’s service‚ known as economies of scale. However‚ Simple Gateways could possibly fall into difficulties running the day-to-day operations of a
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Second International Conference on Emerging Trends in Engineering and Technology‚ ICETET-09 Adsorption Air-Conditioning (AdAC) for Automobiles Using Waste Heat Recovered from Exhaust Gases A C Deshpande‚ R M Pillai Abstract- According to a cautious estimate‚ approximately 10% of the energy available at the crankshaft in a diesel operated vehicle is used for operating the compressor of the vehicle’s air-conditioning system. This is a huge loss if one takes into account the fact that the thermal
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REPORT ON HUMAN CAPITAL MANAGMENT : AN EMERGING TREND IN H.R Submitted by: SHIVALIKA MBA-II Semester POORNIMA SCHOOL OF BUSINESS MANAGEMENT ISI-6‚ RIICO Institutional Area‚Goner Road‚ Sitapura‚ Jaipur ACKNOWLEDGEMENT I express my sincere thanks to my project guide Ms. Meenakshi Sharma and Ms.Preeti Tak‚ Designation Faculty‚ Department of management studies Poornima School of business management‚ Jaipur‚ for guiding me right from the inception till the successful completion of the
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The world’s second-biggest consumer-goods firm is finally beginning to make the most of the advantage it was handed in emerging economies WHEN a consumer-goods company casts around for the best growth prospects‚ rarely does anything look more promising than emerging economies. These markets are growing so rapidly that within just two years they will account for half of all the world’s consumer spending‚ estimates Harish Manwani‚ head of the Asian and African businesses of Unilever‚ a giant of the
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