Ramji gautam - Academia.edu (original) (raw)

Papers by Ramji gautam

SAARJ Journal on Banking & Insurance Research, 2017

Stock price volatility means the ups and downs in stock prices during a time period. It's a commo... more Stock price volatility means the ups and downs in stock prices during a time period. It's a common phenomenon in the equity market

Journal of International Trade Law and Policy, 2013

PurposeThis paper aims to investigate the impact of FDI on the stock market development in Pakist... more PurposeThis paper aims to investigate the impact of FDI on the stock market development in Pakistan, both aggregate as well as sector wise, the reason being that no such work has been carried out in this context.Design/methodology/approachThe study is based on secondary data for the period 1985‐2011. Johansen co‐integration approach is used for determining relationship among variables for aggregate stock market development in long run. Granger causality test is also applied to check the causal relation between the variables. Correlation analysis and regression analysis has been used for examining the relationship of sector wise development, FDI and economic growth in Pakistan.FindingsThe results support the positive role of FDI in boosting the aggregate stock market development in long run. Bi‐directional causality between FDI and economic growth has been found along with the uni‐directional causality between aggregate stock market development and economic growth. For sector wise de...

This paper examines the impact of non-performing loan on profitability of Nepalese commercial ban... more This paper examines the impact of non-performing loan on profitability of Nepalese commercial banks for the period from 2007/08 to 2016/17. ROA (return on assets)and ROE (return on equity) are dependent variables whereas non-performing loan to total loan (NPTL), credit to deposit ratio (CDR), net profit to loan and advance(NPLA), and interest income to loan and advance (IILA) are the independent variables. Data are collected from annual report of the respective banks. The study is based on 100 observations from different 10 commercial banks of Nepal. The regression models have been employed to test the impact of non-performing loans on profitability of Nepalese commercial banks. The result shows that beta coefficient for credit to deposit ratio, net profit to loan and advances, nonperforming loan to total loan, interest income to loan and advance are positive on return on assets. Likewise, beta coefficient is positive for credit to deposit ratio, net profit to loan and advances wher...

The main objective of this paper is to identify determinants of the liquidity of Nepalese commerc... more The main objective of this paper is to identify determinants of the liquidity of Nepalese commercial banks. In order to achieve the research objectives, data has been collected from a sample of ten commercial banks in Nepal over the period from 2005 to 2014. Bank specific and macroeconomic variables were analyzed by using the least square regression model. Findings of the study revealed that, bank size, capital adequacy and inflation rate have a positive impact on liquidity; while non-performing loans, profitability and GDP growth rate have negative impact on liquidity of Nepalese commercial banks. Capital adequacy, non-performing loan and profitability have statistically significant effect on the liquidly of Nepalese commercial banks whereas bank size, GDP growth rate and inflation rate have statistically insignificant impact on the liquidity of Nepalese commercial banks. However, the capital adequacy, non-performing loan, bank size, profitability, growth rate of GDP and inflation ...

This paper examines the determinants of financial performance of commercial bank in Nepal. In ord... more This paper examines the determinants of financial performance of commercial bank in Nepal. In order to investigate the determinants of financial performance, 10 commercial banks have been taken as sample covering the period of time 2006/07 to 2016/17. Data are collected from annual report of the respective banks. Multiple linear regression models have been employed for the analysis of data. The result shows a positive relationship of return on assets with capital adequacy ratio, management efficiency and gross domestic product whereas negative with assets quality and liquidity management. It is evident from the findings that financial performance of commercial banks are strongly affected by capital adequacy ratio, management efficiency, gross domestic product, liquidity management and assets quality.

Global Business Review

This study examines the relationship between stock market development and economic growth in Nepa... more This study examines the relationship between stock market development and economic growth in Nepal by employing autoregressive distributed lag (ARDL) model with bound testing procedures. The study period covers annual time series data from 1994 to 2019. Indicators of the stock market development used are size, depth and efficiency represented by market capitalization as a percentage of gross domestic product (GDP), total value of shares traded as a percentage of GDP and total shares traded as a percentage of market capitalization, respectively. Following high correlations among these indicators, an aggregated index is constructed and used in the study. Real GDP per capita growth is taken as an economic growth indicator. The results suggest that there exists a long-run uni-directional causality relationship running from stock market development index to economic growth. Stock market size and liquidity are significant contributors, showing that stock market is able to mobilize capital...

SAARJ Journal on Banking & Insurance Research, 2017

Stock price volatility means the ups and downs in stock prices during a time period. It's a commo... more Stock price volatility means the ups and downs in stock prices during a time period. It's a common phenomenon in the equity market

Journal of International Trade Law and Policy, 2013

PurposeThis paper aims to investigate the impact of FDI on the stock market development in Pakist... more PurposeThis paper aims to investigate the impact of FDI on the stock market development in Pakistan, both aggregate as well as sector wise, the reason being that no such work has been carried out in this context.Design/methodology/approachThe study is based on secondary data for the period 1985‐2011. Johansen co‐integration approach is used for determining relationship among variables for aggregate stock market development in long run. Granger causality test is also applied to check the causal relation between the variables. Correlation analysis and regression analysis has been used for examining the relationship of sector wise development, FDI and economic growth in Pakistan.FindingsThe results support the positive role of FDI in boosting the aggregate stock market development in long run. Bi‐directional causality between FDI and economic growth has been found along with the uni‐directional causality between aggregate stock market development and economic growth. For sector wise de...

This paper examines the impact of non-performing loan on profitability of Nepalese commercial ban... more This paper examines the impact of non-performing loan on profitability of Nepalese commercial banks for the period from 2007/08 to 2016/17. ROA (return on assets)and ROE (return on equity) are dependent variables whereas non-performing loan to total loan (NPTL), credit to deposit ratio (CDR), net profit to loan and advance(NPLA), and interest income to loan and advance (IILA) are the independent variables. Data are collected from annual report of the respective banks. The study is based on 100 observations from different 10 commercial banks of Nepal. The regression models have been employed to test the impact of non-performing loans on profitability of Nepalese commercial banks. The result shows that beta coefficient for credit to deposit ratio, net profit to loan and advances, nonperforming loan to total loan, interest income to loan and advance are positive on return on assets. Likewise, beta coefficient is positive for credit to deposit ratio, net profit to loan and advances wher...

The main objective of this paper is to identify determinants of the liquidity of Nepalese commerc... more The main objective of this paper is to identify determinants of the liquidity of Nepalese commercial banks. In order to achieve the research objectives, data has been collected from a sample of ten commercial banks in Nepal over the period from 2005 to 2014. Bank specific and macroeconomic variables were analyzed by using the least square regression model. Findings of the study revealed that, bank size, capital adequacy and inflation rate have a positive impact on liquidity; while non-performing loans, profitability and GDP growth rate have negative impact on liquidity of Nepalese commercial banks. Capital adequacy, non-performing loan and profitability have statistically significant effect on the liquidly of Nepalese commercial banks whereas bank size, GDP growth rate and inflation rate have statistically insignificant impact on the liquidity of Nepalese commercial banks. However, the capital adequacy, non-performing loan, bank size, profitability, growth rate of GDP and inflation ...

This paper examines the determinants of financial performance of commercial bank in Nepal. In ord... more This paper examines the determinants of financial performance of commercial bank in Nepal. In order to investigate the determinants of financial performance, 10 commercial banks have been taken as sample covering the period of time 2006/07 to 2016/17. Data are collected from annual report of the respective banks. Multiple linear regression models have been employed for the analysis of data. The result shows a positive relationship of return on assets with capital adequacy ratio, management efficiency and gross domestic product whereas negative with assets quality and liquidity management. It is evident from the findings that financial performance of commercial banks are strongly affected by capital adequacy ratio, management efficiency, gross domestic product, liquidity management and assets quality.

Global Business Review

This study examines the relationship between stock market development and economic growth in Nepa... more This study examines the relationship between stock market development and economic growth in Nepal by employing autoregressive distributed lag (ARDL) model with bound testing procedures. The study period covers annual time series data from 1994 to 2019. Indicators of the stock market development used are size, depth and efficiency represented by market capitalization as a percentage of gross domestic product (GDP), total value of shares traded as a percentage of GDP and total shares traded as a percentage of market capitalization, respectively. Following high correlations among these indicators, an aggregated index is constructed and used in the study. Real GDP per capita growth is taken as an economic growth indicator. The results suggest that there exists a long-run uni-directional causality relationship running from stock market development index to economic growth. Stock market size and liquidity are significant contributors, showing that stock market is able to mobilize capital...