TD Bank

About: TD Bank is a other organization based out in Cherry Hill, New Jersey, United States. It is known for research contribution in the topics: Interest rate derivative & Futures contract. The organization has 23 authors who have published 27 publications receiving 364 citations.

Online Course Delivery: An Empirical Investigation of Factors Affecting Student Satisfaction

Abstract: The authors investigated potential factors impacting students’ satisfaction with online course delivery using business students as participants. The findings suggest that the student who would be more satisfied with the delivery of online courses fits the following profile: graduate, married, resides more than 1 mile away from campus, and male. Other factors found to influence student satisfaction include the appropriateness of the course being offered online and the degree of familiarity with it. Lastly, the study provides insights into students’ attitudes toward the blended course delivery mode.

Fundamentals, Contagion and Currency Crises: An Empirical Analysis

Abstract: This paper examines the determinants of currency crises in Latin America, Asia and Africa. It asks two basic questions: (a) Are currency crises linked to economic fundamentals? and; (b) Is there any evidence of a contagion effect after controlling for the potential effects of economic fundamentals? Using pooled annual data for 19 developing countries spanning […]

Fundamentals, Contagion and Currency Crises: An Empirical Analysis

Abstract: This paper examines the determinants of currency crises in Latin America, Asia and Africa. It asks two basic questions: (a) Are currency crises linked to economic fundamentals? and; (b) Is there any evidence of a contagion effect after controlling for the potential effects of economic fundamentals? Using pooled annual data for 19 developing countries spanning the period 1977-1993, we argue that among the macroeconomic variables considered as causes of currency crises, a measure of lending booms, real exchange rate misalignment and the ratio of M2 to international reserves are the only variables that can be consistently linked to currency crises. Economic fundamentals such as the growth rate of domestic credit and high fiscal and current account deficits are generally not significant. In cases where a significant relationship is found, the result is not robust in the sense that the relationship becomes insignificant when there is either a change in the sample size or the definition of the crisis index. Our paper also provides empirical evidence in support of the idea that currency crises could be contagious. The results from our study suggest that currency crises cannot be explained solely by looking at economic fundamentals and that regional contagion effects as well as the speculative behaviour of investors may be important determinants.

Event Study on the Reaction of Stock Returns to Acquisition News

Abstract: This study examines the reaction of stock returns to acquisition news. A data of 51 observations of acquiring companies with publicly traded shares on the London Stock Exchange (FTSE100) is used over a period, from July 2012 to May 2013 with an estimation period [-100, -10] and test period [-5, +5]. The market model is applied here in order to predict future stock returns and the use of the simple regression to get the parameters of the regression equation. With this a test statistics obtained on average, is significantly positive and greater than the critical value. Therefore, the event of acquisition does appear to be related significantly to the abnormal returns and the null hypothesis being rejected.