The behaviour of macro and micro economic variables and the impact on systematic risk of non-banking finance companies
- Title
- The behaviour of macro and micro economic variables and the impact on systematic risk of non-banking finance companies
- Creator
- Raju M.A.
- Description
- The reforms initiated by the Indian Government during 1990 have brought in drastic changes in the financial sector functioning so as to make competitive with financial markets worldwide. The Indian financial Sector has expanded and acquired greater depth to get itself competitive with new participants in the market. The new liberal business policies introduced by the government due to financial reforms have brought in fundamental changes in the structure and functioning of Banking and Non Banking Institutions, their business models and the products and services offered by them. Global economic developments have altered the macro economic conditions of the respective nations and make the nations and their economies vulnerable to economic shocks in the form of systematic risk associated with their business activities. Macro economic factors at broader level and micro economic factors at the firm level have had effect on the risk level, assessing risk, measuring and managing risk has become paramount for banks and others Non Banking financial Institutions alike. Individual influence of factors on the systematic risk as there is weak relationship with Beta but combined effect of factors is very positive on the systematic risk of the companies.
- Source
- International Journal of Applied Business and Economic Research, Vol-14, No. 6, pp. 4345-4367.
- Date
- 2016-01-01
- Publisher
- Serials Publications
- Subject
- Financial Sector; Government Deficit; Inflation; Leverage; Macro Economic Factors; Systematic Risk; Systemic
- Coverage
- Raju M.A., Department of Management Studies, Christ University, India
- Rights
- Restricted Access
- Relation
- ISSN: 9727302
- Format
- Online
- Language
- English
- Type
- Article
Collection
Citation
Raju M.A., “The behaviour of macro and micro economic variables and the impact on systematic risk of non-banking finance companies,” CHRIST (Deemed To Be University) Institutional Repository, accessed February 24, 2025, https://archives.christuniversity.in/items/show/17228.