This volume presents current developments in the field of finance from an emerging markets perspective. Featuring most of the contributions presented at the second International Conference on Economics and Finance (ICEF-2020), Goa, India, this volume serves as a valuable forum for discussing financial performance and well-being, economic policy uncertainty, efficiency of commodity markets and various recent trends in the banking and financial sector. It provides an analysis of the current state of the financial sector and proposes solutions to challenging topics including bankruptcy, audit quality and liquidity crises. Popular topics such as cryptocurrency, stock market volatility and board governance are also covered.

Analyses the current state of the financial sector in emerging markets Features new findings on the return dynamics of the high-beta and low-beta assets Highlights the dynamic relationship between economic policy uncertainty (EPU) and stock market volatility Analyses the efficiency of credit and agricultural commodity markets in an emerging economy Examines the interdependence between the business cycle and financial cycle Reviews the critical aspects of corporate governance, agency cost, and bankruptcy Presents empirical and theoretical policy-oriented research

Autorentext

Aswini Kumar Mishra serves as the Head in the Department of Economics and an Associate Professor at BITS, Pilani-K K Birla Goa Campus, India. His research and teaching interests relate to applied econometrics, behavioral and applied development economics, and financial risk management. His publications have appeared in many international journals.

**Vairam Arunachalam serves as Director of the School of Accountancy & PricewaterhouseCoopers Distinguished Professor at the University of Missouri. His research and teaching interests pertain to forensic accounting, data analytics, and information systems.

**Sanket Mohapatra is an Associate Professor in the Economics Area at the Indian Institute of Management, Ahmedabad. His research interests include international finance, global capital flows, sovereign and sub-sovereign credit ratings, corporate productivity, foreign debt, corporate finance in emerging economies, andinternational migration & remittances.

**Dennis Olson* is a Professor of Finance and Union National Bank Chair of Banking at Zayed University in Abu Dhabi, UAE. He has published in the Journal of Banking and Finance, International Journal of Accounting, Journal of Corporate Finance, European Economic Review, International Journal of Forecasting, Economic Inquiry, Energy Economics, Emerging Markets Review, and Financial Review*.

Inhalt
Chapter 1. The Evolving Financial Landscape in Emerging Markets and Developing Economies.- Chapter 2. Nexus between Financial Cycle and Business Cycle in India.- Chapter 3. Betting against beta in the Indian market.- Chapter 4. Does economic policy uncertainty matter for stock market volatility?- Chapter 5. Can the FMCG stock market investors hedge the risk in Agricultural Commodity markets? Empirical evidence from India.- Chapter 6. Exploring the Influence of Emotion in Investment Decision Making: A Theoretical Perspective.- Chapter 7. How Do Household and Spatial Factors Matter While Examining Inequality in Credit Availability? Evidence from an Emerging Economy.- Chapter 8. Review of Corporate Governance in Emerging Economies from the perspective of Principal-Principal conflict.- Chapter 9. Influence of Board Composition on Agency Cost and its Governance Outcomes.- Chapter 10. Assessing Airline Bankruptcy in India.