The recent pandemic has been the greatest catastrophic event in the last century that has left its irrevocable effect on the socio-economic and cultural environment. The current work presents a combined multi-criteria decision making (MCDM) framework of logarithmic percentage-change driven...

The efficient market hypothesis (EMH), one of the central pillars of modern financial theories, often fails to explain the ‘financial anomalies'. One fatal challenge of EMH probably comes from the theoretical assumption of ‘rational man'. According to EMH, the fully rational investor may...

We have established in earlier study that our designed financial controls help the Indian ULBs (Urban Local Bodies) to increase recurrent surplus. Our further research, as described in this paper, reveals that the concept of designed controls conforms to the result of statistical techniques...

There is a constitutional imbalance between the functions and finances of Urban Local Bodies (ULBs) in India and most of these are grossly dependent on transfer of funds from upper tiers government. Financial performance of small and medium-sized ULBs is not satisfactory as there is inadequate...