Over the last few months of 2011 Indian economy has been showing signs of weakness. The Report of Government of India on external debt however claims that India's external debt position is steadily improving on account of prudent management. But with a thorough study of the macroeconomic...

Several theories like optimal trading range hypothesis, liquidity hypothesis, signaling hypothesis have been advanced in relation to this non-economic corporate event. But still there is need to study the investors' optimizing behavior after stock split. With this focus on optimization of the...

Purpose: The purpose of the study is to analyze motivation behind payment of cash dividend by the firms in India in presence of tax provision that discourages payment of dividend by imposing tax on firms at the time of distribution.Design/methodology/approach First, consistent with Jensen's...