Prabhakar Rajkumar

@cutn.ac.in

Professor and Head, Department of Commerce
Central University of Tamil Nadu

Prabhakar Rajkumar


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https://researchid.co/rajkumarprabhakar4
8

Scopus Publications

75

Scholar Citations

5

Scholar h-index

2

Scholar i10-index

Scopus Publications

  • Bitcoin Trading Patterns: Unveiling Uniformity in Developed and Developing Countries with a Focus on India (2015-2022)
    Finance India, 2025
  • Dynamic Comovement between Indian Commodity Futures, Economic Policy Uncertainty and Geopolitical Risk: Evidence from Wavelet Analysis
    M. Thilaga, K. Prabhakar Rajkumar
    International Journal of Economics and Financial Issues, 2025
    The present study examines the dynamic comovements between two global risk factors and commodity futures returns. The study considers the daily futures price of nine commodities spanning from January 4th, 2012 to September 29th, 2023. The study employs wavelet analysis and wavelet- based Granger causality tests to analyze dynamic comovement and causal relationship between global risk factors and commodity futures return at different time horizons. The study results show a strong comovement between the US economic policy uncertainty (USEPU) and commodity futures return except for silver and mentha oil. On the other hand, the geopolitical risk (GPR) exhibits a weak relationship with gold, lead, zinc, and energy commodities across all-time frequencies. Further, the Wavelet Granger causality test results provide strong evidence that commodities futures return cause the USEPU in all the time horizons. Followed by the geopolitical risk reports significant evidence that commodities futures return causes GPR in all time horizons.
  • Do Islamic indices have connectedness with commodity futures? Implications for portfolio strategies and hedging effectiveness: evidence from India
    Thilaga M., Veeravel V., K. Prabhakar Rajkumar
    International Journal of Islamic and Middle Eastern Finance and Management, 2025
    Purpose This study aims to examine the dynamic return connectedness between Shariah Islamic indices and commodity futures returns. Further, the study also explores the possible implications for portfolio strategies and hedging effectiveness in the Indian context. Design/methodology/approach We mainly focus on four major Shariah Islamic indices and nine actively traded non-agricultural commodities daily closing prices data spanning from 6th May 2014 to 29th September 2023. The authors employ a novel time-varying parameter vector autoregression connectedness model, as well as minimum variance portfolio (MVP), minimum correlation portfolio (MCP), minimum connectedness portfolio, and hedging efficiency models to construct optimal portfolios using Shariah Islamic indices and commodities futures returns. Findings The study results show a strong dynamic return connectedness between Shariah Islamic indices and commodity futures returns. However, the net return spillover results suggest that Nifty 500 Shariah and Nifty Shariah 25 are the highest net spillover transmitters to commodity futures returns. On the other hand, commodities such as gold, crude oil and natural gas are the highest net recipients of return spillovers. Besides, the portfolio strategies and hedging effectiveness results document that gold has the highest weight under both MVP and MCP models. Practical implications The present study offers useful insights for investors and portfolio managers on constructing optimal portfolios using hedging techniques to efficiently manage the risks associated with their portfolios. Second, the findings indicate that incorporating Shariah Islamic indices and commodities into their portfolios could provide better diversification and timely risk mitigation. Finally, the results provide pertinent information for market regulators to understand how the Islamic Shariah indices and commodity markets respond to unprecedented events. Originality/value This could be the maiden attempt in the Indian context to test the dynamic return connectedness, portfolio strategies and hedging effectiveness of Shariah Islamic indices and commodity futures returns.
  • An Evaluation of the Impact of Stock Brokers on Trends in Equity Cash Segment of Bombay Stock Exchange, India
    Finance India, 2021
  • The evaluation pattern of Indian investors on role of stockbrokers to determination of investment decision
    K. Prabhakar Rajkumar
    International Journal of Intelligent Enterprise, 2021
    In India, during 1995-1996, equity turnover on BSE was 50,064 Cr. and it was increased to 854,845 Cr. during 2014-2015. It shows the increase in the transaction in the stock market. The share brokers are helpful to investor for investing in the various financial instruments in the market and guide for the safety investment in current and future. With this background, this study examined the awareness of investors towards stockbrokers and behaviour of individual investors towards stockbrokers. Also the study includes the style of investment of individual investors, the reason for changing the stockbrokers and at which stage, individual investors are depending on stockbroker for investment decision. This study conducted in Mumbai city and primary data was used. Many investors are aware about stockbroker functions, but 100% literacy towards stockbroker is not there in the Mumbai city.
  • A study on job stress among women employees in BPO center
    International Journal of Advanced Science and Technology, 2019
  • The progress and achievement of top five services sectors through the foreign direct investments in India
    K Pagavathi, K. Prabhakar Rajkumar, K Prabhakar Rajkumar, Amitiava Balasundarammaniam, Chatterjee, et al.
    International Journal of Recent Technology and Engineering, 2019
    Foreign Direct Investment (FDI) plays a very important role in the development of the nation. It is very much vital in the case of underdeveloped and developing countries. A typical characteristic of these developing and underdeveloped economies is the fact that these economies do not have the needed level of savings and income in order to meet the required level of investment needed to sustain the growth of the economy. In such cases, foreign direct investment plays an important role in bridging the gap between the available resources or funds and the required resources or funds. It plays an important role in the long-term development of a country not only as a source of capital, but also for enhancing competitiveness of the domestic economy through transfer of technology, strengthening infrastructure, raising productivity and generating new employment opportunities. In India, FDI is considered as a developmental tool, which helps in achieving self-reliance in various sectors and in the overall development of the economy. India after liberalizing and globalizing the economy to the outside world in 1991, there was a massive increase in the flow of foreign direct investment. The present paper attempts to analyze the significance of the FDI Inflows in Indian service sector since 1991 and relating the growth of service sector FDI in the generation of employment in terms of skilled and unskilled. The services sector is not only the dominant sector in India’s GDP, but has also attracted significant foreign investment flows, contributed significantly to exports as well as provided large-scale employment. India’s services sector covers a wide variety of activities such as trade, hotel and restaurants, transport, storage and communication, financing, insurance, real estate, business services, community, social and personal services, and services associated with construction.
  • A study on foreign direct investment in India: An empirical outlook
    Journal of Advanced Research in Dynamical and Control Systems, 2019

RECENT SCHOLAR PUBLICATIONS

  • Determinant Factors Influencing the Commodity Futures Market Returns in India: A Markov Regime Switching Approach
    V Veeravel, KP Rajkumar
    2026
  • Determinant Factors Influencing the Commodity Futures Market Returns in India: A Markov Regime Switching Approach
    M Thilaga, V Veeravel, KP Rajkumar
    2026
  • Do Futures Trading Activities Affect the Spot Market Volatility Spillover? Evidence from India
    MTKP Rajkumar
    Copernican Journal of Finance & Accounting 14 (Vol.14, No.3(2025)) , 2026
    2026
  • Do Islamic indices have connectedness with commodity futures? Implications for portfolio strategies and hedging effectiveness: evidence from India
    M Thilaga, V Veeravel, K Prabhakar Rajkumar
    INTERNATIONAL JOURNAL OF ISLAMIC AND MIDDLE EASTERN FINANCE AND MANAGEMENT , 2025
    2025
  • Dynamic return connectedness and spillover effects between Shariah Islamic indices and commodity futures market during black swan events: a quantile VAR connectedness approach
    M Thilaga, V Veeravel, K Prabhakar Rajkumar
    SN Business & Economics 5 (11), 1-25 , 2025
    2025
  • Bitcoin Trading Patterns: Unveiling Uniformity in Developed and Developing Countries with a Focus on India (2015-2022).
    K PRABHAKAR RAJKUMAR
    Finance India 39 (2) , 2025
    2025
  • Do Futures Trading Activities Affect the Spot Market Volatility Spillover? Evidence from India
    M Thilaga, K Prabhakar Rajkumar
    Copernican Journal of Finance & Accounting 14 (3) , 2025
    2025
  • Dynamic comovement between Indian commodity futures, economic policy uncertainty and geopolitical risk: Evidence from wavelet analysis
    M Thilaga, K Prabhakar Rajkumar
    International Journal of Economics and Financial Issues 15 (1), 397 , 2025
    2025
    Citations: 2
  • The Dynamic Interrelations of Commodity Futures Return: The Role of Economic Policy Uncertainty and Geopolitical Risk
    M Thilaga, K Prabhakar Rajkumar
    JOURNAL OF COMMERCE AND BUSINESS STUDIES, 57 , 2024
    2024
  • Global Bitcoin Trade Practices, Hymalaya Publishing House, ISO 9001:2015 CERTIFIED, Mumbai
    Dr.K.Prabhakar Rajkumar
    2024
  • Recent Trends in Talent Acquistions, Production Sectors at Coimbatore Area Based on Jack Welch’s Leadership Approach
    RP Priya, K Prabhakar Rajkumar
    Management Insight 19 (01), 86-94 , 2023
    2023
  • Impact on Job Satisfaction in Company/Industry
    Dr.K.Prabhakar Rajkumar
    IN Patent 04/2,022 , 2022
    2022
  • A Study of the Volatility Pattern Exist in BSM Model at NIFTY OPTIDX in India
    DS Dr.K.Prabhakar Rajkumar
    Journal of the Oriental Institute 51 (01), 16 , 2022
    2022
  • Non – Performing Assets of Central Co-operative Banks – A Study
    PR Dr.K.Prabhakar Rajkumar
    Journal of the Oriental Institute 51 (01), 16 , 2022
    2022
  • A Study on the Performance of Cotton Spot and Futures Price in India with special reference to Multi Commodity Exchange
    MT Dr.K.Prabhakar Rajkumar
    Journal of the Oriental Institute 51 (01), 16 , 2022
    2022
  • Theoretical aspect of Positioning in Global and Indian Market
    MA Dr.K.Prabhakar Rajkumar
    Journal of the Oriental Institute 51 (01), 16 , 2022
    2022
  • Impact of Subliminal Perception on Brand, Logo and Product Recognition
    MP Dr.K.Prabhakar Rajkumar
    Journal of the Oriental Institute 51 (01), 16 , 2022
    2022
  • Government Initiatives for Escalation of MSME through Foreign Direct Investments during Pandemic period
    KP Dr.K.Prabhakar Rajkumar
    Journal of the Oriental Institute 51 (01), 16 , 2022
    2022
  • Application Impact of Jack Welch Model Reference to Engineering Works at Coimbatore, Tamil Nadu
    RP Dr.K.Prabhakar Rajkumar
    Journal of the Oriental Institute 51 (01), 16 , 2022
    2022
  • Attitude on Sachet packet buyer in Salem city
    YJ Dr.K.Prabhakar Rajkumar
    2022

MOST CITED SCHOLAR PUBLICATIONS

  • Fundamental Principles and Techniques of Financial Accounting
    Dr.K.Prabhakar Rajkumar
    2012
    Citations: 11
  • Earnings performance of private sector bank during 2005-06
    Dr.K.Prabhakar Rajkumar
    The Journal of Accounting and Finance 21 (2), 66-77 , 2007
    2007
    Citations: 10
  • Agricultural Finance in India-The Role of NABARD
    Dr.K.Prabhakar Rajkumar
    2008
    Citations: 9
  • A Study on the Influence of Stock Broker on Investor’s Decision Making with Special Reference to Bombay Stock Exchange
    NLK Dr.K.Prabhakar Rajkumar
    Indian Journal of Research In Capital Markets, 4 (2), 25-35 , 2017
    2017
    Citations: 5
  • Relevance of Stock Broking Industry in Capital Market with Special Reference to BSE, Mumbai
    NLK Dr.K.Prabhakar Rajkumar
    International Journal of Latest Technology in Engineering, Management … , 2015
    2015
    Citations: 5
  • The Success of Farmers’ Credit Card (Kisan Credit Card) Scheme in India
    Dr. K. Prabhakar Rajkumar
    Indian Economic 17, 38-41 , 2007
    2007
    Citations: 5
  • Strategic Positioning and Sustainable Advantage for Growth of Industry
    MA Dr.K.Prabhakar Rajkumar
    Shanlax International Journal of Management 5 (2), 160-167 , 2018
    2018
    Citations: 4
  • Strategic Positioning and Sustainable Competitive Advantage for Growth of Industry
    Dr. K. Prabhakar Rajkumar
    International Conference , 2018
    2018
    Citations: 4
  • Brand Positioning through Celebrity Endorsement in an Indian Perspective
    MA Dr. K. Prabhakar Rajkumar
    Research Journal of Recent SciencesResearch Journal of Recent Sciences 7, p … , 2018
    2018
    Citations: 3
  • A Study on the Impact of Corporate Announcements on Security Prices and Individual Investor’s Investment Behavioral Pattern
    S Kala
    Periyar University , 2012
    2012
    Citations: 3
  • Factor Influencing Consumers’ Perception of Gold Purchase in Four Major Districts of Tamil Nadu.
    Dr. K. Prabhakar Rajkumar
    Apeejay Journal of Management & Technology 5, 147-156 , 2010
    2010
    Citations: 3
  • Dynamic comovement between Indian commodity futures, economic policy uncertainty and geopolitical risk: Evidence from wavelet analysis
    M Thilaga, K Prabhakar Rajkumar
    International Journal of Economics and Financial Issues 15 (1), 397 , 2025
    2025
    Citations: 2
  • The Evaluation Pattern of Indian Investors on Role of Stockbrokers to Determination of Investment Decision
    Dr. K. Prabhakar Rajkumar
    International Journal of Intelligent Enterprise 8 , 2020
    2020
    Citations: 2
  • A Study on Development and Performance of Agricultural Commodity Futures Market in Multi Commodity Exchange in India
    Dr.K.prabhakar Rajkumar, M Thilaga
    International Journal of Recent Scientific Research, 8 (8), 19509-19513 , 2017
    2017
    Citations: 2
  • An Empirical Study of Relation between Inflation and Economic Growth in India
    GM Dr.K.Prabhakar Rajkumar
    International Journal of Recent Scientific Research, 7 (5), 10957-10960 , 2016
    2016
    Citations: 2
  • Strength of Foreign Direct Investment of Equity Inflows in India
    KP Dr. K. Prabhakar Rajkumar
    International Journal of Informative and Futuristic Research 3 (5), 1677-1688 , 2016
    2016
    Citations: 2
  • Gold price Trend and Investigation of Purchasing Patterns of Ornamental Gold Buyers in Tamil Nadu
    SM Dr. K. Prabhakar Rajkumar
    Asia Pacific Journal of Research 1 (17), 22-32 , 2014
    2014
    Citations: 2
  • SHGs – A Panacea for the Socio – Economic Development of Transgender in Tamil Nadu
    M Suguna
    Periyar University , 2013
    2013
    Citations: 2
  • Review of Policy and Developments of Foreign Direct Equity Investment Inflows in Indian Economy
    Dr. K. Prabhakar Rajkumar
    International Multidisciplinary Conference , 2019
    2019
    Citations: 1
  • Enlargement of Positioning Qualities: the Emotional Attribute
    MA Dr. K. Prabhakar Rajkumar
    International Journal of Marketing & business Communication 6 (2), 16-21 , 2017
    2017
    Citations: 1