01
Original Article
Open Access
Access to External Finance and Manufacturing Enterprises’ Profitability in Africa:Evidence from Ethiopia
Ajebush Argaw Shafi, Ajay K. Garg, Mammo Muchie
· pp. 7–20
DOI: 10.17010/ijf/2016/v10i11/104912
The financial sector plays a critical role in allocating capital across enterprises and industries by intermediating between creditors and lenders. The beneficial effects of the financial sector on economic activity is that access to external finance may allow firms to …
Keywords:
SMEs, Performance, SMEs' Profitability, Bank Credit, Interest Rate, Ethiopia
02
Original Article
Open Access
Differences in Stock Price Sensitivity to Accounting Information : Implications for Creative Accounting
M. V. S. Kameshwar Rao, K. Lubza Nihar
· pp. 21–42
DOI: 10.17010/ijf/2016/v10i11/104915
Purpose/Objective: This paper is an attempt to re-visit the concept of value relevance of accounting information to draw implications for creative accounting. It explores the hypothesis that value relevance, of various accounting variables, varies depending upon the business sector to …
Keywords:
Value Relevance, Creative Accounting, Stock Price Sensitivity, Accounting Information, Forensic Accounting, Earnings Management, Discretionary Accruals, Generalised Least Squares Method, Firm Level
03
Original Article
Open Access
Growth Measures and Stock Returns
Lalit Arora, Shailendra Kumar, Piyush Verma
· pp. 43–53
DOI: 10.17010/ijf/2016/v10i11/104916
This study examined the aptness of important growth measures in the form of sustainable growth, asset growth, and sales growth in explaining stock returns of firms in the Indian manufacturing sector. Using panel data regression analysis, results provided evidence that …
Keywords:
Growth, Asset Pricing, Panel Data, Manufacturing, India
04
Original Article
Open Access
Disbursement of Credit Under the SGSY Scheme : A Comparison of SHGs’ Swarozgaris and Individual Swarozgaris
Manpreet Arora, Swati Singh
· pp. 54–63
DOI: 10.17010/ijf/2016/v10i11/104918
The development of the rural sector has always remained a priority for the government of a developing country. Growth of a country depends on the development of an individual. Therefore, in order to attain the goal of overall development, it …
Keywords:
Rural Development, Self Help Groups, SHG-Bank Linkage Programme, Swaranjayanti Gram Swarojgar Yojana G00, G21, G210, O200
