This paper synthesizes five determinants of innovation and productivity of a nation. They are namely: (1) human resources and their characteristics, (2) natural and physical resources and their characteristics, (3) systems and strategies and their characteristics, (4) interactions and...

For investing in profitable ventures, the firms intend to recover the investment made in them. Thus, the determination of the respective cost of capital of a venture can provide a base for making decisions on whether to accept the project profitably. In this context, this paper provides some...

This study demonstrates that using share returns as the dependent variable is a preferable approach for testing value relevance of accounting information to overcome spurious regression results due to equity prices following a non-stationary, persistent process as indicated in Senthilnathan...