Capital Markets are an important mobilizer of resources for the corporate sector. Investors’ confidence is key to the healthy developments of capital markets, it is necessary that comprehensive and adequate laws exists to regulate security industry to protect investors interests and rights....

L.C.Gupta’s Committee on Derivatives has recently submitted its final report to SEBI. It major recommendation is to introduce index futures in order to provide the facility for hedging against market risk in the most cost-efficient way. There are four pertinent questions that need to be...

With the rejection of ED-18 on July 6, 1977, the longest running epic of the financial world “Inflation Accounting” has come to a standstill where U.K. accounting profession is living with “An Interim Recommendation” and the U.S. (through its SEC requirements) is content with disclosure...

In recent years, there has been increasing criticism of financial statements prepared under the long-established cost conventions. The accounting profession all over the world has been debating various approaches to accounting for inflation. In this paper, we have attempted to restate the...

Recent drought in western India is unique for many reasons. The most conspicuous is the fact that it has generated unprecedented apathy and indifference of intellectuals. The situation in Gujarat is all the more paradoxical. The paper draws up an agenda of issues which deserve urgent attention....

A firm’s ‘competitive advantage’ is considered to arise from certain ‘factors internal to the firm as postulated by the resource based view’ or from ‘external sources and industry structure.’ However, it remains unclear as to “how” these factors result in competitive advantage,...

The objective of this paper is to review and synthesize the literature of psychological contract in order to provide a comprehensive framework of psychological contract through individual and multi-level analysis. The article provides an inclusive review of antecedents (individual and...

The influence of factors outside the boundaries of organization is largely ignored in the examination of psychological contract. The objective of the current research is to empirically examine the association between industry/sector and psychological contract. The article examines the variation...

Gone are the days when the only branded footwear Indians knew was Bata. After years of economic liberalization, one finds many firms; local, national, and international jostling for consumer attention by producing various types of footwear in Indian market. In fact, today Indian footwear...

Inward FDI flows over 2000-01 from many source countries into India, one of the fastest growing large developing economies in the period, have been explained by an extended gravity model and the an extended allometric models by incorporating other variables such as common language, tax status,...