The study examines knowledge spillovers from multinational firms in the Indian pharmaceutical industry. Specifically, we examine whether FDI catalyses diffusion of knowledge transfer from multinational firms’ R&D activities during 2000-01 to 2019-20 and four sub-periods of five years each. The...

Corporate tax payments are a fundamental and easily measurable example of firm's behaviour towards society, however, the payment of tax can often be avoided legally. Such legal provisions are elucidated in the corporate tax structure of an emerging market economy, India. We analyse Tax payment...

This study investigates the relationship between saving, investment and economic growth for India over the period 1950-51 to 2007-08. The literature on the role of saving in promoting economic growth generally points to saving led growth. However, few studies show evidence for growth driven...

This paper analyses the trends in corporate fi nance in India, and uses a panel data model for empirically identifying the factors which infl uence corporate investment decisions, during the period 2000-01 to 2008-09. The fi ndings revealed that fi rm level factors such as fi rm size, dividend...