Priti Bakhshi - Academia.edu (original) (raw)

Papers by Priti Bakhshi

International journal of electronic banking, 2024

FIIB Business Review, Sep 8, 2023

Cogent economics & finance, Sep 7, 2022

This paper analyzes the impact of ownership concentration on MENA banks' performance over the per... more This paper analyzes the impact of ownership concentration on MENA banks' performance over the period 2004-2011. The sample includes 38 commercial banks belonging to ten countries of the MENA region. We use an econometric method that deals with the endogeneity problems that have arisen in the corporate governance literature. We show that ownership concentration is significant in explaining performance differences between MENA banks. Our analysis shows that bank performance depends on the identity of large shareholder. Banks tend to exhibit higher levels of performance if their largest shareholder is foreign. However, we find a negative relationship between state ownership and bank performance.

Cogent Business & Management

Cogent Business & Management

Cogent Business & Management

Cogent Business & Management

2022 IEEE International Conference on Computing (ICOCO)

Corporate Ownership and Control

The study aims to examine the relationship between ownership structure and firm performance. We h... more The study aims to examine the relationship between ownership structure and firm performance. We have analyzed the data of 113 firms with 565 observations from 2013 to 2017 using the fixed panel data estimation approach. A subsample analysis has been employed by dividing the data based on firm size, board size, and firm age to test the robustness of the analysis. Results indicate a positive impact of domestic promoters, foreign promoters, and institutional shareholders on firm performance, whereas non-institutional shareholders bear an inverse relationship with performance. It has implications for regulators and policymakers responsible for formulating ownership structure policies in light of ongoing regulatory reforms.

Journal of Risk and Financial Management

Movements in the India VIX are an important gauge of how the market’s risk perception shifts from... more Movements in the India VIX are an important gauge of how the market’s risk perception shifts from day to day. This research attempts to forecast movements one day ahead of the India VIX using logistic regression and 11 ensemble learning classifiers. The period of study is from April 2009 to March 2021. To achieve the stated task, classifiers were trained and validated with 90% of the given sample, considering two-fold time-series cross-validation for hyper-tuning. Optimised models were then predicted on an unseen test dataset, representing 10% of the given sample. The results showed that optimal models performed well, and their accuracy scores were similar, with minor variations ranging from 63.33% to 67.67%. The stacking classifier achieved the highest accuracy. Furthermore, CatBoost, Light Gradient Boosted Machine (LightGBM), Extreme Gradient Boosting (XGBoost), voting, stacking, bagging and Random Forest classifiers are the best models with statistically similar performances. Amo...

International Journal of Business and Management, 2015

This paper analyzes the impact of ownership concentration on MENA banks' performance over the per... more This paper analyzes the impact of ownership concentration on MENA banks' performance over the period 2004-2011. The sample includes 38 commercial banks belonging to ten countries of the MENA region. We use an econometric method that deals with the endogeneity problems that have arisen in the corporate governance literature. We show that ownership concentration is significant in explaining performance differences between MENA banks. Our analysis shows that bank performance depends on the identity of large shareholder. Banks tend to exhibit higher levels of performance if their largest shareholder is foreign. However, we find a negative relationship between state ownership and bank performance.

Risks

Movements in the volatility index of the Indian economy are influenced by global volatility indic... more Movements in the volatility index of the Indian economy are influenced by global volatility indices (fear index). This study evaluates the influence of various global implied volatility indices in forecasting the day-to-day binary movements in the implied volatility index of India, denoted by the symbol ‘India VIX’. Historical daily data from 18 September, 2009, to 2 December, 2021, was acquired, and the target labels were created from changes in the India VIX. A set of classifiers, consisting of Logistic Regression, Random Forest and Extreme Gradient Boosting (XG Boost), were applied to rank the feature variables according to their importance. This study revealed that India’s VIX was impacted most by the previous day’s changes in the closing value of the US implied volatility indices, except for the Chicago Board Options Exchange (CBOE) Eurocurrency volatility index. Additionally, the Eurozone implied volatility index was also important. However, the implied volatility indices of A...

GLIMS Journal of Management Review and Transformation, Mar 1, 2022

Open access (OA) journals have emerged in the past two decades and have influenced scholarly publ... more Open access (OA) journals have emerged in the past two decades and have influenced scholarly publications to a great extent, contributing to the benefits of OA publishing. The research focuses on the evolving trends of OA and the measures required to address the issue of exponentially growing predatory publishing. The study concludes the research by proposing measures for the scholarly world to address predatory publishing globally. The scope of the research is qualitative, discussing the fair publishing practices and implications of Plan S and open peer review. In the methodology, the study reviews the wealth of published literature in the discipline to decide the variables and impact on the dependent variable.

Audit Financiar

Considering the stakeholders’ increasing demand for more information, the International Auditing ... more Considering the stakeholders’ increasing demand for more information, the International Auditing and Assurance Standard Board, in its quest to bridge the expectation gap, introduced a new expanded audit report format. However, whether this new audit report format is effective in meeting stakeholders’ needs is a significant question that regulators, standard setters and academics are interested in evaluating. This paper aims to examine the impact of the expanded auditor’s reports on stakeholders. The study adopts a qualitative approach and is based on an assessment of previous research conducted on the new audit report standards and the audit report’s implications for stakeholders. The research findings suggest that the inclusion of enhanced information on auditor’s responsibility, understandability of audit report information and the addition of critical information and post- implementation experience are important aspects influencing the effectiveness of the auditor’s report. This ...

International Journal of Recent Technology and Engineering (IJRTE), 2019

Green finance plays a pivotal role in achieving inclusive, resilient and cleaner economic growth ... more Green finance plays a pivotal role in achieving inclusive, resilient and cleaner economic growth by creating environmental benefits. It helps in increasing the flow of finance from the public, private and nonprofit sectors to sustainable development priorities. Recognising the significance of green finance, UN Environment has been working in the alignment of the financial system of the countries to channelize the financial flows for attaining 2030 sustainable development goals. To build economic development in a sustainable manner, India also needs a national green finance strategy. It requires green infrastructure funding of about $4.5 trillion by 2040. The contribution made by both public and private sector organisations/banks will play a crucial role in green financing. The present study therefore mainly explores the various green financing initiatives taken by the public and private sector organisations/banks in India. The study showcases the various challenges in the area of gr...

Journal of Risk and Financial Management

The purpose of this study is to find the influence of various macroeconomic factors on the volati... more The purpose of this study is to find the influence of various macroeconomic factors on the volatility index, as macroeconomic factors affect stock market volatility, resulting in an impact on the VIX Index, representing the risk in the stock market. To estimate the significance and importance of the U.S. macroeconomic variables on stock market volatility and risk, classification problems from machine learning are constructed to predict the daily and weekly trends of the VIX Index. Data from May 2007 to December 2021 is considered for analysis. The selected models are trained with twenty-four daily features and twenty-four plus nine weekly features. The outcomes suggest that the decisions made by the Light GBM and XG Boost on ranking features can be significantly accepted over logistic regression. It is found from the results that economic policy uncertainty indices, gold price, the USD Index, and crude oil are signified as strong predictors. The Financial Stress Index, initial claim...

The IUP Journal of Applied Finance, 2018

Journal of Health Management, 2021

This article highlights the support, attitude and perception of the general public towards drug a... more This article highlights the support, attitude and perception of the general public towards drug abuse so that appropriate policies can be framed for the prevention of drug abuse among youth. The study aims to understand the relationship among variables influencing behaviour change with respect to drug abuse. Questionnaire from 1,159 respondents was administered comprising of 39 items exploring Perception, Attitude, Support pertaining to illicit drugs. Positive or negative attitude towards drug abuse is evolved out of the perception of problems associated with drug abuse and the support provided to dissuade drug-abusing behaviour, and relationship among these variables was tested using SEM-Path analysis. The perception of problems related to drug addiction significantly influences the attitude towards drug addiction. The perceived nature of the support structure augments the influence further (partial mediation). The augmenting effect of the support structure can be seen among gender...

International Journal of Advanced Research, 2016

International journal of electronic banking, 2024

FIIB Business Review, Sep 8, 2023

Cogent economics & finance, Sep 7, 2022

This paper analyzes the impact of ownership concentration on MENA banks' performance over the per... more This paper analyzes the impact of ownership concentration on MENA banks' performance over the period 2004-2011. The sample includes 38 commercial banks belonging to ten countries of the MENA region. We use an econometric method that deals with the endogeneity problems that have arisen in the corporate governance literature. We show that ownership concentration is significant in explaining performance differences between MENA banks. Our analysis shows that bank performance depends on the identity of large shareholder. Banks tend to exhibit higher levels of performance if their largest shareholder is foreign. However, we find a negative relationship between state ownership and bank performance.

Cogent Business & Management

Cogent Business & Management

Cogent Business & Management

Cogent Business & Management

2022 IEEE International Conference on Computing (ICOCO)

Corporate Ownership and Control

The study aims to examine the relationship between ownership structure and firm performance. We h... more The study aims to examine the relationship between ownership structure and firm performance. We have analyzed the data of 113 firms with 565 observations from 2013 to 2017 using the fixed panel data estimation approach. A subsample analysis has been employed by dividing the data based on firm size, board size, and firm age to test the robustness of the analysis. Results indicate a positive impact of domestic promoters, foreign promoters, and institutional shareholders on firm performance, whereas non-institutional shareholders bear an inverse relationship with performance. It has implications for regulators and policymakers responsible for formulating ownership structure policies in light of ongoing regulatory reforms.

Journal of Risk and Financial Management

Movements in the India VIX are an important gauge of how the market’s risk perception shifts from... more Movements in the India VIX are an important gauge of how the market’s risk perception shifts from day to day. This research attempts to forecast movements one day ahead of the India VIX using logistic regression and 11 ensemble learning classifiers. The period of study is from April 2009 to March 2021. To achieve the stated task, classifiers were trained and validated with 90% of the given sample, considering two-fold time-series cross-validation for hyper-tuning. Optimised models were then predicted on an unseen test dataset, representing 10% of the given sample. The results showed that optimal models performed well, and their accuracy scores were similar, with minor variations ranging from 63.33% to 67.67%. The stacking classifier achieved the highest accuracy. Furthermore, CatBoost, Light Gradient Boosted Machine (LightGBM), Extreme Gradient Boosting (XGBoost), voting, stacking, bagging and Random Forest classifiers are the best models with statistically similar performances. Amo...

International Journal of Business and Management, 2015

This paper analyzes the impact of ownership concentration on MENA banks' performance over the per... more This paper analyzes the impact of ownership concentration on MENA banks' performance over the period 2004-2011. The sample includes 38 commercial banks belonging to ten countries of the MENA region. We use an econometric method that deals with the endogeneity problems that have arisen in the corporate governance literature. We show that ownership concentration is significant in explaining performance differences between MENA banks. Our analysis shows that bank performance depends on the identity of large shareholder. Banks tend to exhibit higher levels of performance if their largest shareholder is foreign. However, we find a negative relationship between state ownership and bank performance.

Risks

Movements in the volatility index of the Indian economy are influenced by global volatility indic... more Movements in the volatility index of the Indian economy are influenced by global volatility indices (fear index). This study evaluates the influence of various global implied volatility indices in forecasting the day-to-day binary movements in the implied volatility index of India, denoted by the symbol ‘India VIX’. Historical daily data from 18 September, 2009, to 2 December, 2021, was acquired, and the target labels were created from changes in the India VIX. A set of classifiers, consisting of Logistic Regression, Random Forest and Extreme Gradient Boosting (XG Boost), were applied to rank the feature variables according to their importance. This study revealed that India’s VIX was impacted most by the previous day’s changes in the closing value of the US implied volatility indices, except for the Chicago Board Options Exchange (CBOE) Eurocurrency volatility index. Additionally, the Eurozone implied volatility index was also important. However, the implied volatility indices of A...

GLIMS Journal of Management Review and Transformation, Mar 1, 2022

Open access (OA) journals have emerged in the past two decades and have influenced scholarly publ... more Open access (OA) journals have emerged in the past two decades and have influenced scholarly publications to a great extent, contributing to the benefits of OA publishing. The research focuses on the evolving trends of OA and the measures required to address the issue of exponentially growing predatory publishing. The study concludes the research by proposing measures for the scholarly world to address predatory publishing globally. The scope of the research is qualitative, discussing the fair publishing practices and implications of Plan S and open peer review. In the methodology, the study reviews the wealth of published literature in the discipline to decide the variables and impact on the dependent variable.

Audit Financiar

Considering the stakeholders’ increasing demand for more information, the International Auditing ... more Considering the stakeholders’ increasing demand for more information, the International Auditing and Assurance Standard Board, in its quest to bridge the expectation gap, introduced a new expanded audit report format. However, whether this new audit report format is effective in meeting stakeholders’ needs is a significant question that regulators, standard setters and academics are interested in evaluating. This paper aims to examine the impact of the expanded auditor’s reports on stakeholders. The study adopts a qualitative approach and is based on an assessment of previous research conducted on the new audit report standards and the audit report’s implications for stakeholders. The research findings suggest that the inclusion of enhanced information on auditor’s responsibility, understandability of audit report information and the addition of critical information and post- implementation experience are important aspects influencing the effectiveness of the auditor’s report. This ...

International Journal of Recent Technology and Engineering (IJRTE), 2019

Green finance plays a pivotal role in achieving inclusive, resilient and cleaner economic growth ... more Green finance plays a pivotal role in achieving inclusive, resilient and cleaner economic growth by creating environmental benefits. It helps in increasing the flow of finance from the public, private and nonprofit sectors to sustainable development priorities. Recognising the significance of green finance, UN Environment has been working in the alignment of the financial system of the countries to channelize the financial flows for attaining 2030 sustainable development goals. To build economic development in a sustainable manner, India also needs a national green finance strategy. It requires green infrastructure funding of about $4.5 trillion by 2040. The contribution made by both public and private sector organisations/banks will play a crucial role in green financing. The present study therefore mainly explores the various green financing initiatives taken by the public and private sector organisations/banks in India. The study showcases the various challenges in the area of gr...

Journal of Risk and Financial Management

The purpose of this study is to find the influence of various macroeconomic factors on the volati... more The purpose of this study is to find the influence of various macroeconomic factors on the volatility index, as macroeconomic factors affect stock market volatility, resulting in an impact on the VIX Index, representing the risk in the stock market. To estimate the significance and importance of the U.S. macroeconomic variables on stock market volatility and risk, classification problems from machine learning are constructed to predict the daily and weekly trends of the VIX Index. Data from May 2007 to December 2021 is considered for analysis. The selected models are trained with twenty-four daily features and twenty-four plus nine weekly features. The outcomes suggest that the decisions made by the Light GBM and XG Boost on ranking features can be significantly accepted over logistic regression. It is found from the results that economic policy uncertainty indices, gold price, the USD Index, and crude oil are signified as strong predictors. The Financial Stress Index, initial claim...

The IUP Journal of Applied Finance, 2018

Journal of Health Management, 2021

This article highlights the support, attitude and perception of the general public towards drug a... more This article highlights the support, attitude and perception of the general public towards drug abuse so that appropriate policies can be framed for the prevention of drug abuse among youth. The study aims to understand the relationship among variables influencing behaviour change with respect to drug abuse. Questionnaire from 1,159 respondents was administered comprising of 39 items exploring Perception, Attitude, Support pertaining to illicit drugs. Positive or negative attitude towards drug abuse is evolved out of the perception of problems associated with drug abuse and the support provided to dissuade drug-abusing behaviour, and relationship among these variables was tested using SEM-Path analysis. The perception of problems related to drug addiction significantly influences the attitude towards drug addiction. The perceived nature of the support structure augments the influence further (partial mediation). The augmenting effect of the support structure can be seen among gender...

International Journal of Advanced Research, 2016