A proper disclosure of valuation of finished goods inventory is required for consistent and accurate financial statements. Accounting Standard (AS)-2 is specifically devised for this purpose. This paper makes an attempt to compare the actual prevailing practices of disclosure of cost formulae in...

India – a country diverse in culture and religion, strong in will – and manpower, large in size and opportunities – has become a highly wooed automobile market. Despite the impact of the financial and economic crisis, India's automobile economy is booming. Due to global financial crisis...

In the present paper, an attempt has been made to measure the shareholders' wealth in terms of Economic Value Added (EVA) for different sectors of Indian manufacturing industry. The top five wealth creator and wealth destroyer sample units have been identified on the basis of five-year average...

Economic Value Added (EVA) has received a lot of recognition as a measure of shareholder value creation. While the measure has been widely used for the purpose all over the world, many research studies have appeared to examine variety of issues related to EVA. An attempt has been made in this...

Disinvestment as a reform measure is sweeping the economies all over the world. The main objective of present paper is to study the impact of the disinvestments on the corporate performance of the public sector undertakings. Corporate performance for the purpose of the present study, has been...

The key challenge today, both globally and in India, is to focus on inclusive growth by ensuring economic growth, while at the same time meeting social obligations as well as protecting our environment and ecosystem. Industries are majorly responsible for such adverse climate change as they...

A carbon tax can be central pillar of tax reform and sound fiscal policy. In India, still no tax is charged on the emission of carbon dioxide. Carbon tax could be used to replace individual tax and tax simplification and less government regulation. A carbon tax is also cheaper and often more...