The “going public” process is under strain, as the characteristics of companies going public, and the investor base investing in those companies’ IPOs, has changed. In addition to companies going public with more unformed business models, many of these companies market themselves to...

This paper deals with the complexities of crude oil geopolitics in the wake of recent escalating tensions between OPEC led by Saudi Arabia and OPEC plus members led by Russia. The paper traces the story of the Syrianic Dreams of global super powers in the Middle East and in the surrounds of the...

The objective of this study is to find out the trends of royalty payments made by Indian Companies over the period of 10 years. Further, the study also documents the share of royalty paid to that of specific variable, viz., net sales, cost of production, capital employed, profit and exports, in...

This paper deals with the evolving scenario in the Korean peninsula in the wake of the Summit between Kim Jong Un and Donald Trump in Singapore on June 12, 2018. The paper surveys the core foreign policy concerns of USA and North Korea on Korean Peninsula affairs, profiles the principal players...

The major challenge facing performing arts in general and classical dance theatres in particular is about inducing and protecting 'creative aesthetic expression'. In this paper it is argued, that a classical dance theatre of the 21st century will be able to sustain itself in the long run, only...

Over the last three decades, the capital asset pricing model has occupied a central and often controversial place in most corporate finance analysts tool chests.(...)

Valuing banks, insurance companies and investment banks has always been difficult, but the market crisis of 2008 elevated the concern to the top of the list of valuation issues. The problems with valuing financial service firm stem from two key characteristics. The first is that the cash flows...

Equity risk premiums are a central component of every risk and return model in finance and are a key input into estimating costs of equity and capital in both corporate finance and valuation. Given their importance, it is surprising how haphazard the estimation of equity risk premiums remains in...

Much of financial theory and practice is built on the presumption that markets are liquid. In a liquid market, you should be able to buy or sell any asset, in any quantity, at the prevailing market price and with no transactions costs. Using that definition, no asset is completely liquid and...