In this paper we empirically examine whether public facilities like providing primary school, medical clinics, electricity etc help incumbents to stay in power. Specifically, we analyze the parliamentary election outcomes in 483 constituents in rural India from 1971 to 1991. This study is based...

The traditional median voter model predicts that median income and taxprice are the primary determinants of local school spending levels. It further implies that lump-sum grants wills be utilized like private income, and thus income and grant coefficients should be the same. Our comprehensive...

This paper deals with rail infrastructure charging. It gives examples of identified best practice in relation to the determination of marginal costs.

Presentation of Financial Statements has to conform to the Generally Accepted Accounting Principles or more commonly known as the Indian GAAP. The Indian GAAP is a set of promulgations and pronouncements issued by the Regulatory Authorities in India. All the Regulatory Authorities are guided by...

Ours is an enormously complex world. The dynamics of organizational Culture varies not only with time but also with the actors involved. Any model that attempts to explain this must generate hypotheses that are testable and falsifiable. The author has been a “Finance Manager” in the...